What is a Wheat Penny | Lincoln Wheat Pennies
Only 484,000 San Francisco Mint 1909 V.D.B. Lincoln Wheat Pennies were made after a minting error left copper blanks on the machine in 1943.
What does a wheat penny mean?
From 1909 to 1958, a one-cent coin with an image of Abraham Lincoln on the obverse and two stalks of wheat on the reverse was issued in the United States.
Why do they call it a wheat penny?
Because the reverse of the Lincoln penny featured two stalks of wheat, it became known as the “Wheat Penny.” The Wheat Cent design was used until 1958, when the reverse was changed to the Memorial design. The Lincoln penny is now the longest-running design in United States Mint history.
Is a wheat back penny worth anything?
Most recent pennies are worth a penny, while most wheat cents (minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can be worth double digits, and special examples (especially those in near perfect condition) can be worth much more.
What are the valuable wheat 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.
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.
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.
What are the key dates for wheat pennies?
The following are the key dates for the major Lincoln Wheat cents: 1909-S. 1909-S VDB. 1914-D. Here’s a look at the most widely collected, most popular errors and varieties, as well as their values:
- 1909-S S Over Horizontal S.
- 1917 Doubled Die.
- 1922 No D.
- 1922 Weak D.
- 1943 Bronze.
- 1943-D Doubled Mintmark.
- 1944 Steel.
- 1955 Doubled Die.
What is the rarest mint mark?
The wide AM reverse Lincoln cent dates from 1998, 1999, or 2000, with 1999 being the most scarce; the A and M in America have more space between them than usual, and this coin is worth up to $600.
How much is a complete wheat penny collection worth?
When purchased or sold in MS-63 condition, all Wheat Pennies are worth more than their face value of.01 cent. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more).
How much is a 1944 d wheat penny worth?
The 1944 D Wheat Penny is worth an average of 15 cents on CoinTrackers.com, but one in certified mint state (MS ) could be worth $6.
Is a 1939 penny rare?
The Denver Mint produced the scarcest type of circulating 1939 pennies, but 1939-D wheat pennies are plentiful, and a typical 1939-D penny is worth about 25 cents to $1 in circulated condition, while uncirculated specimens are worth about $2.75 and up.
Should I clean 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.
Are wheat pennies rare?
The 1909-S VDB Wheat Penny is one of the most popular rare coins of the modern era, with only 484,000 coins struck.
Are all 1944 wheat pennies steel?
Despite the fact that the United States Mint switched pennies from steel to copper in 1944, some steel planchets were left in the presses, presumably by accident; many people refer to these as 1944 silver pennies, but the 1944 cent is zinc-plated steel, just like the 1943 cent.