When Did They Stop Making The Wheat Penny?

Do You Have a Valuable Lincoln Wheat Penny?

Only 484,000 coins were produced after the United States Mint stopped producing Indian Head pennies in 1909 and began producing Lincoln cents. This coin is easily identified by the “S” under the date on the obverse and Brenner’s initials “V.D.B.” on the reverse.

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 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.

Is a 1958 penny worth money?

Extra Fine 1958 Lincoln Wheat Pennies are only worth $.12 and are not in high demand by collectors; even uncirculated examples are worth less than $0.50, while MS-60 condition is worth $0.30 and MS-65 condition is worth $8.

When did wheat pennies start and end?

The Lincoln cent (also known as the Lincoln penny) is a one-cent coin that has been produced by the United States Mint since 1909. The obverse or heads side, as well as the original reverse, depicting two stalks of wheat (thus “wheat pennies,” struck 1909u20131958), were both designed by Victor David Brenner.

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.

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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.

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).

What pennies are worth saving?

Investing in Old Pennies

  • All pre-1982 pennies should be kept. If you can tell the difference between 1982 brass and zinc pennies, keep the brass ones.
  • All wheat pennies should be kept.
  • Keep all pennies (even recent ones) that appear to be u201coffu201d u2014 they could be error or die variety coins.

How much is a 1943 penny worth today?

A 1943 Steel Penny is worth around 10 to 13 cents in circulated condition, and up to 50 cents or more in uncirculated condition.

What is the rarest Penny year?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics, and it is said to be the most valuable Lincoln penny ever.

Is a 1960 penny rare?

The D mint mark is minted over an outline of another D mint mark on the obverse side of the coin, and the small date is minted over a large date. This error coin is worth around $150 in uncirculated condition with an MS-63RB grade.

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.

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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.

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.

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