The History of Wheat Pennies
Lincoln wheat pennies were one of the most popular rarities of all time, minting from 1909 to 1958. The Lincoln cent was designed by sculptor and engraver Victor David Brenner. A few bronze 1943 cents were made in error, and some 1944 steel cents were produced by a fluke as planchets of the wrong metal were left behind.
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.
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.
What year did wheat back pennies stop?
The wheat penny is a classic early twentieth-century American coin that was minted from 1909 to 1956 and has a face value of one cent.
Is a 1958 penny rare?
The 1958 Doubled Die Penny is an extremely rare error coin, with only three known to exist. It’s possible you found the fourth, but it’s highly unlikely.
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.
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.
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.
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.
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.
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.
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).
Why is a 1959 d penny worth so much?
Coin collectors may be able to determine which pair of dies were used in striking the 1959-D penny error over time, and if they can, or if one of the slabbing services, such as PCGS or NGC, decides to certify and encapsulate the coin, the 1959-D wheat cent could become even more valuable.
How much is a 1952 d penny worth?
A 1952-D penny in uncirculated or Mint State condition is worth $75 or more; a 1952-S penny in Mint State condition is worth $1.25. Proof 1952 pennies (made for coin collectors at the Philadelphia Mint) are worth $15 to $3,000.