Lincoln Wheat Penny (1909–1958): Values & Key Dates
In pristine condition, a 1941 Lincoln cent “could be” worth $1,000 or $5,000, but what is a well-worn example from pocket change worth in reality? That’s a different story.
First, The Bad News. . .
The vast majority of Lincoln Wheat pennies are worth less than ten cents each, with well-worn 1943 steel pennies fetching 5 to ten cents in worn condition, and no Lincoln Wheat penny struck after 1933 fetching more than eight cents in worn condition.
Now, The Good News!
There are four major regular-issue key dates in the series, as well as several valuable semi-key dates, varieties, and errors, and many Lincoln Wheat pennies are worth more than ten cents.
Key Date Wheat Pennies
The following are the major Lincoln Wheat cent key dates: 1909-S1909-S VDB1914-D1931-S. Although varieties and errors are not required for completing a set of Lincoln Wheat cents, many collectors pursue them anyway.
What Are These Wheat Pennies Worth?
The values above are for problem-free coins with no signs of damage, such as holes, major gouges, scratches, or cleanings, and are for coins in average circulated (VG8 to VF20) and average uncirculated condition.
Collecting Lincoln Wheat Cents
Many collectors will build sets of Lincoln Wheat pennies using cardboard folders, deluxe albums, or Lucite holders. The Lincoln penny is one of the most widely collected issues among all United States coinage, and the Lincoln Wheat cent is a long-obsolete coin that has been disappearing from circulation.
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.
When did they stop making wheat back pennies?
The US government mint was ordered to stop producing Wheat ears cents in 1958, and the reverse design of the Lincoln penny was changed to a Lincoln Memorial building design in 1959.
How much is a 1957 penny worth today?
Currently, average-condition 1957 D wheat pennies are worth 15 to 60 cents, while pristine-condition coins are worth up to $1; it makes no difference whether your coin is valuable or not.
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.
Are wheat pennies worth anything?
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.
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.
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.
What are the most valuable wheat back pennies?
From wheat pennies to Indian heads, Bellevue Rare Coins has compiled a list of the Top 5 Most Valuable Pennies ever produced.
- 1873 Indian Head Penny.
- 1914 D Wheat Penny.
- 1877 Indian Head Penny.
- 1944 Steel Wheat Penny.
- 1943 Copper Wheat Penny.
- 1873 Indian Head Penny.
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 much is a 1951 d wheat penny worth today?
In very fine condition, the 1951 D wheat penny is worth around $0.10, and in extremely fine condition, it is worth around $0.12. In uncirculated condition, coins with an MS-63RB grade are worth around $0.60.
What is a 1950 d wheat penny worth?
The 1950 D Wheat Penny is worth an average of 15 cents on CoinTrackers.com, but one in certified mint state (MS) could be worth $12.