FAQ: When Was The Last Year Wheat Pennies Were Made?

Lincoln Pennies (1909-1958)

The United States Mint first produced the Lincoln wheat penny in 1909. Some mint years are worth significantly more than others, and the minting location can also affect the value of a penny. For example, a 1933-D could be worth $2.30 or more.

Lincoln Penny Value – What Dealers Pay

Lincoln Wheat Pennies in good condition can be worth anywhere from a few dollars to over $1000, and an NGC or PCGS grading service can help you figure out how much your penny is worth. The grading process is extremely thorough, and it can account for even minor grading flaws.

Lincoln Wheat Penny Value is Conditional

If the lines at the tops of the wheat stalks on the reverse of your Lincoln Wheat Penny remain crisp, clear, and robust, the coin may be in extremely fine condition for dealers and collectors.

Coin Grading Can Provide Peace of Mind

If you have an excellent Lincoln Wheat Penny and are unsure how it should be graded, sending it to NGC or PCGS may be a good idea. Coin grading services are in tune with the market and can give you a good idea of how much your penny is worth.

Mintmarks and the 1909 VDB

A “D” under the date indicates that the penny was minted in Denver, and some wheat pennies with the designer’s initials, “VDB” for Victor D. Brenner, were also produced in 1909. Check your 1909 Lincoln Wheat Penny to see if it has the VDB engraving.

Lincoln Wheat Penny Values Are Rising

New varieties such as double-dies or over-dates may be discovered, and the value of your Lincoln Wheat Penny may increase over time. All Market Updates are provided as a third-party analysis and do not necessarily reflect the explicit views of JM Bullion Inc.

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What is the rarest wheat penny?

Wheat Pennies with the Highest Value

  • The 1944 Steel Wheat Penny is valued at $500,000. The 1943 Copper Wheat Penny is valued at $100,000. The 1914 D Wheat Penny is valued at $10,000. The 1922 D Wheat Penny is valued at $6,000. The 1926 Wheat Penny is valued at $4,000.

How much is a 1958 penny worth today?

According to CoinTrackers.com, the average value of a 1958 Wheat Penny is 15 cents, but one in certified mint state (MS) could be worth $5.

What years of wheat pennies are valuable?

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents, but better examples (especially those in near-perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.

Which wheat pennies have value?

There are a couple of other wheat pennies worth more than a few cents u2014 they are:

  • 1926 S u2013 $2.25. 1923 S u2013 $2.00.
  • 1916 S u2013 $1.20. 1915 S u2013 $7.00. 1915 D u2013 $1.75. 1915 u2013 $1.60. 1914 S u2013 $12.00.
  • 1913 S u2013 $7.00. 1913 D u2013 $2.50. 1912 S u2013 $12.00. 1912 D u2013 $6.00. 1912 u2013 $1.25.

Is a 1944 wheat penny worth anything?

The 1944 S Wheat Penny is worth an average of 15 cents on CoinTrackers.com, but one in certified mint state (MS ) could be worth $8.

How much is a 1957 d penny error worth?

The 1957 D wheat pennies are currently worth 15 to 60 cents in average condition, and the coins in mint condition are worth up to $1.

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What makes a 1957 D penny rare?

Higher grades are elusive due to the Denver mint’s bulk handling of coins, which resulted in all coins having some minuscule bag marks; problem free circulated examples can be purchased for about 10 to 15 cents.

Why is a 1958 D penny rare?

The 1958 Doubled Die Penny The term “double die” implies that there are two dies involved with this error variety u2014 which is not the case with a doubled die coin, which only has three known examples.

What makes a 1958 D penny rare?

The 1958 Doubled Die Error is one of the most significant and rare Wheat Penny errors, with only three examples known to exist and only two being officially graded by PCGS, a third-party grader. Doubling can be seen very clearly on the obverse of the coin.

What is the rarest Kennedy half dollar?

A 1964 Kennedy Half Dollar Snatches A World-Record $108,000! Heritage Auctions held a public auction of rare U.S. coins on Thursday, April 25, 2019, and a 1964 Kennedy Half Dollar sold for a world record $108,000, making it the most expensive coin of its type.

Why is 1944 wheat penny rare?

The 1944 Lincoln penny is particularly desirable to collectors, not only because of its design, but also because of its scarcity: because no more 1944 Lincolns are being produced, their scarcity is constantly increasing, making the coins more valuable.

How do I know if my 1964 penny is worth money?

The 1964 penny with no mint mark and the 1964 D penny are both worth around $0.15 in uncirculated condition with an MS-63RB grade, and around $0.30 in MS-65RD condition. Proof coins with no mint mark are also available and are worth around $1.50 in PR-65RD condition.

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Should I clean my wheat pennies?

Cleaning foreign coins, Morgan dollars, wheat pennies, and other valuables to remove corrosion is a delicate and dangerous task; we do not recommend cleaning rare coins if you plan to sell them because cleaning such valuable items devalues them.

How many 1943 copper pennies have been found?

A total of 27 1943 copper wheat pennies have been confirmed to exist and graded, including six of the 1943-S and the one-of-a-kind 1943-D. PCGS has graded seven of the 27 and NGC has graded 13.

How much is a 1943 D steel penny worth?

The 1943 D Steel Wheat Penny is worth an average of 45 cents on CoinTrackers.com, but one in certified mint state (MS ) could be worth $12 (see details).

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