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Make sure you conduct thorough research so you know how to look out for fakes and the exact ID features of the coin you want. Philadelphia, the main mint along with branch mints Denver and San Francisco struck wheat cents. Match your coins to each penny series value chart. Yet there are many Lincoln Wheat cents that are worth much more, and by quite a bit. To My Young Brothers & Sisters at Reddit & Elsewhere. It was printed in several designs wheat from 1909 to 1958, memorial from 1959 to 2008, and a few new designs since then. Lincoln Wheat Penny Dates and Values 2022, The 10 Most Valuable Wheat Pennies (cents). However, the motif on the back has changed somewhat. Save my name, email, and website in this browser for the next time I comment. Post-Great War, given their mass production, there are few that cost more than $1. If all lines are separate and sharp the coin is showing signs of grading Extremely Fine or better. Qualities of eye appeal are demonstrated by comparing high to low appeal. The search is both interesting and exciting. The production of the very first, Read More Most Valuable Buffalo Nickel (Most Rare One Sold For $322,000 in 2008)Continue, How much money do you really have in your pockets? Well-worn 1943 steel pennies often trade for 5 to 10 cents apiece in well-worn condition. and new product arrivals. Unraveling the Coin Conundrum. All our prices are up to date at the time of writing, but as the market shifts and base metal prices change too, the value of your penny will fluctuate. Keep in touch with coin values, return to update your Lincoln penny value. How to determine penny values begins with identifying the denomination and series. Next, you can evaluate the level of preservation. We will do our best to keep these as updated as possible. A half cent with strong rims, readable lettering, and lack of deep marks; despite Liberty's portrait worn to an outline, retains value. A total of four reverse dies are known for this issue, and we do not recommend you purchase them without a thorough knowledge of them. Lincoln's coat is flattened along the shoulder and lapel. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Special qualities are examined and highlighted within each series. But what is a well-worn example from pocket change worth in reality? How much is that wheat penny worth? They wanted the new coin to depict Abraham Lincoln, in honor of the centennial year of his birth. To replace it, the Wheat cent was minted in a zinc-plated steel coin blank. Copper 1944 wheat pennies with no mint marks, D mint marks . However, it is assumed that by mistake, some coin blanks left over from the previous year entered the press in the three mints. this coin is most sought after by collectors and . Bronze Composite Penny. https://www.treasury.gov/about/education/Pages/lincoln-cent.aspx Cant make out all of the date. Be on the lookout for the ultra-rare 1909-S VDB. How much would they be worth? Or you could be a coin enthusiast, on the lookout for rare and unusual pennies for your collection. Copyright 2007-2023 Daniel A. HarrisAll Rights Reserved, https://www.treasury.gov/about/education/Pages/lincoln-cent.aspx, https://nnp.wustl.edu/library/publisherdetail/51. So in order for a coin to fetch a high price on the collectors market or as an investment, we need one of these two characteristics: An especially good state of condition. It has been in circulation for over a century. The grading process is extremely thorough and may account for even very subtle grading points while also considering collector and dealer demand. New varieties of over-dates, double-dies, or something different is always discovered and sparking interest in wheat pennies. Most worn, common-date Lincoln Wheat pennies arent worth more than 10 cents. estimates. Seasoned collectors continually improve their collections. How much is it worth? For these pieces,of which about 25 are known in total, and many of them in circulation, hundreds of thousands of dollars can be forked out, including more than a million for the best-preserved ones. It should be noted that in that year there were a large number of steel coin blanks at the Philadelphia Mint, which were used to mint the Belgian two franc coin. Use our list to find the estimated worth of your coin. I have a 1943 silver wheat no mint letter penny. Value: Without a mint mark, it ranges in value from about 35 cents to $1,000. Grading is judging the surfaces and identifying the amount of wear or lack of wear. . Look for them in your pocket change! Mint State Grade: A coin with no wear to the surface is considered Mint State grade. For this reason it is also known as the 1944 Lincoln penny. Penny values are date specific. Coin values are determined by using the grading images to judge condition then checking the date and values on the charts provided. Dealers and collectors identify the different stages of wear separating coins from the most worn to the least and each is assigned a "Grade". If the penny is moved by a magnet it has steel content, if not it is copper. US Treasury. USA Coin Book Estimated Value of 1956-D Lincoln Wheat Penny is Worth $0.06 in Average Condition and can be Worth $0.34 to $1.16 or more in Uncirculated (MS+) Mint Condition. Valuable Pennies Show sub menu. Lettering along the rim is often faint, however must remain. Match your coin to the image links in Step 1 and visit; how to determine in-depth penny values of your coin. Date further identifies your coin and combined with availability, establish value. All prices are sourced from PCGS and are accurate as of October 2022. Additionally, all engraving of the dies used for Lincoln cents were crafted there. Noted sculptor Victor David Brenner designed the Lincoln cent in 1909. Note: Images within blue borders are Links to the Penny Values series. Use this guide as a reference on quickly grading and quickly pricing of your collectible Wheat Pennies from 1909 to 1958. D Mintmark Under Date: Denver Mint Struck the Coin. To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. There are some very rare ones which were combined with steel (more details in our other article covering the 1944 steel wheat penny in detail!). An excellent picture index of all major US coin series. An impressively high number of wheat cents were made in 1944 across Philadelphia, Denver, and San Francisco mints: over 2.1 billion coins! 1974 Lincoln Penny Value (History, Photos, And Comprehensive Price Guide), 1921 Penny Value (The Finest-known 1921 Lincoln Penny Sold At $36,000 In 2019), 1945 Penny Value Chart (One Of The Rarest 1945 Penny Sales Was Made In 2015 For $4, 465). In most cases, the former will dedicate themselves to filling in the gaps, as if it were a sticker album; and the latter will seek excellence in all their pieces, trying to get copies in very high states of conservation. Mintage. At the top of the coin the phrase E Pluribus Unum is inscribed. The pennies minted in 2009 (the bi-centennial designs) are worth about $0.05 to sell. Rather than just the mint mark being struck twice, the entire coin design on the obverse has been struck off-center. How much your old penny is worth ranges from 2 cents for wheat pennies to thousands for early and rare colonial era cents. Read More Barber Dime Value Chart (Most Valuable Sold For $1,997,500! (Rare One Sold for $1,000+), 1970s Tonka Toys Value (Most Valuable Sold For $743), 1941 Penny Value Chart (Worth Million Dollars? New to coin collecting? Although this is the second-lowest mintage in the Lincoln Wheat cent series, mint state coins, and circulated specimens are readily available to collectors today. Are there any scratches or nicks present on the surface of the coin? Proof, Circulated, And Uncirculated Coins: Whats The Difference? Each design has high points judged to detect any smoothing and removal of luster. A short series, serving a specific demand at the time, minted 1864 to 1873. Whether you have a super rare penny, worth tens of thousands, or just an old penny (which is still worth 10x the face value) you should hold onto it until you can get it valued. Many of the price guides that are available online offer confusing information about what a coin might fetch based on its physical condition. And they represent the introduction of the modern small cent size. Got some change in your pocket? Replacing Indian Head pennies, which were minted from 1859 through 1909, Lincoln pennies were welcomed by massive crowds that gathered at banks on the August 2nd day that the new one-cent coins arrived in commerce. This is what created the infamous Lincoln steel penny in 1944. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. All around the world, passionate collectors, Read More 1880 Morgan Silver Dollar Value Chart: How Much Is It Worth Today?Continue, Your email address will not be published. Most major and minor design features are now a flat surface. Above are wholesale coin values. The small fee you incur for having your penny graded can be well-worth it to know you are getting fair market value for your coin if you wish to sell it. Their novelty can bump up the price of a 1944 wheat penny, so look out for these unusual error coins! Unlike Lincoln cents made from 1909 to 1942, which are 95 percent . It has to be pristine, just as it came out of the minting press, with a natural weathered patina and uniform color. Should you decide to sell use the worksheet as a packing slip when sending coins through the mail to dealers. Penny Values | Rare Pennies Have Outstanding Values. If you use these links to buy something we may earn a commission. These initials may be found along the bottom rim of the coin just below the wheat stalks. 1956 D Lincoln Wheat Penny Coin Value Prices, Photos & Info Spoiler: Key Years 1943, 1944, Abraham Lincolns bust has been virtually unchanged all these years. Close-up images and descriptions of grades are used to judge condition. Preparing and selling wheat pennies for the best value is possible. Its also one of the most familiar coins anywhere in the world. The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. Lines to his coat are all separated from the shirt, and bowtie remains distinct. List your coins and record their values. A 1931-S could be worth $40 or more. In fact, the values of collectable wheat pennies in good condition can range from several dollars to over $1000. Die what wood the value be. Copyright © 2010 - 2012 TheWheatPenny.com. With World War II rationing already underway in 1942 to save metal and other necessary materials for the war effort, the U.S. Treasury had removed nickel from the five-cent coin for the nation's artillery needs. Each series page covers grading in detail. The lowest value is for a good condition coin while the highest values are accurate for uncirculated . Coin values listed. Toning of the surface continues, unless protected, to very deep shades of brown-black. Keep an eye out for one of these valuable error coins. Your email address will not be published. Indian Head Pennies. As a general rule, the Mint coins have two differing qualities: In the images, we can see a normal circulating one (above), and a PROOF coin (below). Admittedly not the most popular coin, however those collecting the series are very serious. Add Coin. As we have mentioned, these one-cent coins are probably the most collected series in the world for several reasons: These series are an accessible collection for youngsters who want to start in the world of coin collecting, to advanced collectors with important capitals. The home page is an excellent index, quickly leading to the major coin series. 2020 Quarters. In these common and easily obtainable pieces, prime quality is rewarded enormously, and Lincoln Wheat Penny prices grow exponentially. Can I get someone to look at my collection of wheat pennies from 1911 to 1958. I BEEN ON THE PC LOOKING THINGS UP , LEARNING (i like it ) i pretty sure we have some money pennies so now i trying to learn how to sell them it wont be long , I am not a greedy person an i am a up front guy. It has been popular nearly since the invention of currency, Read More 1941 Penny Value Chart (Worth Million Dollars? Thanks for subscribing! It should weigh 3.1 grams. Value: The value ranges from $1.25 to about $900. 1944 Wheat Penny Value Chart (Identification, Valuation & Buying Guide) By Vip Art Fair August 1, 2022. In 2009, the US Mint released a series of coins with different tails (instead of the standard memorial visual) to celebrate the 200-year anniversary of Lincolns birth. Replacing Indian Head pennies, which were minted from 1859 through 1909, Lincoln pennies were welcomed by massive crowds that gathered at banks on the August 2 nd day that the new one-cent coins arrived in commerce. All prices are sourced from SpruceCrafts and are accurate as of October 2022. Brenner's design for the wheat penny was very similar to one of his previous works, a desk plaque of Abraham Lincoln for the Gorham Manufacturing Company that he made in 1907. Condition is one of the subtle steps affecting penny values. Prices can fluctuate significantly. ), Racing Blood: Most Valuable Dale Earnhardt Collectibles in the World, Most Valuable Seth Thomas Clocks (Worth From $200 to $4,000+). For these coins, weve listed the auction record to show you how a mint condition rare coin can sell for an incredible amount! The Official Red book: A Guide Book of United States Coins. Match your coins to images identifying correct series. So, weve chosen some of the most valuable and most common error coins for our table below. These include: When it comes to valuing the 1944 wheat penny the mint mark, condition and rarity are the most important factors which dictate the price. *Note "---" denotes the coin in this condition is either worth less than a dollar, or face value. 1920 S Wheat Penny. A great many numismatists focus on studying and collecting Lincoln Wheat cents exclusively. You can also find Lincoln pennies stamped with VDB which are the initials of Victor D. Brenner, the designer of the coin. 1. From Cents to Gold. Otherwise this may require a coin experts eye for positive identification! . Most Valuable Lincoln Wheat Pennies (Keys & Varieties) - The Spruce Crafts A pleasing brown to light brown color of pennies is appealing to collectors in this grade, with many early dates showing premium value. As we said above, you must take into account that the state of conservation is key to valuing your cent coin. No Mint Mark On A Coin: What Does It Mean? Because fewer pennies were minted with the engraved initials, check your 1909 Lincoln Wheat Penny to see if it has the VDB engraving. Possibly the most popular coin of all time amongst coin collectors to collect is the Lincoln Wheat Cent, first minted in 1909. However, the flat spots do not connect, separation of high areas remain. This creates a shadow-like effect over the entire face of the coin. The opposite case to the 1943 bronze coinage is the zinc-plated steel coinage, the 1944 one. As shown above, Lincoln Wheat penny values range all over the price spectrum. And that's reflected in auction prices, which range from $3,700 to $4,300. (History And Controversy! These prices are not . 1914-S Lincoln Penny. You can also find S/D and S/S/S for example, where the coin has been stamped multiple times. During the second world war, copper was needed for the war effort and so steel was used for a short period to create pennies. Menu. To replace it, the Wheat cent was minted in a zinc-plated steel coin blank. Other than the D/S wheat pennies, and the steel wheat pennies detailed above, there are a few other error pennies to look out for. Herea a quick guide: It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. These price ranges apply mostly to coins minted in Philadelphia and San Francisco. To 1958 About 4 Hundred in Total. Large cents with pleasing surfaces, lacking deep marks are somewhat elusive and special coins. Mintmarks became important to penny values starting in 1908. Old coins and collections are enjoyed because the eye appeal and aesthetics of each example in the set. Most are worth only 2 or 3 cents. Coins were minted at Philadelphia, Denver (D) or San Francisco (S). Double mint marks are the most common flaw and can increase the coin value by tens of thousands! Read on to find out what makes these 16 coins the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. Save my name, email, and website in this browser for the next time I comment. Latest Offers, Straight To Your Inbox. Use this guide as a reference on quickly grading and quickly pricing of your collectible Wheat Pennies from 1909 to 1958. This only occurred in the first year of minting, 1909. How much is a 1943 steel penny worth in 2023? This covers all the standard mint designs, with no errors or flukes. 1943 S Lincoln Wheat Penny Bronze/Copper Coin Value Prices, Photos & Info 1909 was the first year wheat penny coins were minted. Over 100. folders, deluxe albums, or museum-quality Lucite holders. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. 1943 Bronze Wheat Penny - $60,000 - $1,750,000. The actual wheat stalks are positioned to the right and left sides edges of the coin. Each branch mint received coinage dies yearly as adjustments to date and mintmarks were made. Abraham Lincolns bust has been virtually unchanged all these years. Many copper coins exhibit subtle qualities, when recognized, add to understanding potential value. Lincoln Wheat Cent - Price Charts & Coin Values - usacoinbook.com Lincoln Cent (Wheat Reverse) (1909-1958) Auction Prices Population CoinFacts Photograde Shop at: APMEX David Lawrence L&C Coins Collectors Corner eBay U.S. Coin values are determined by using the grading images to judge condition then checking the date and values on the charts provided. First year of cent mintage with a "D" mintmark is 1911. Links open in a new window. First is the feeling of, Read More Ultimate List Of The Most Valuable Washington Quarters (Worth Upto $192,000)Continue, Your email address will not be published. That's definitely exciting if youve got, say, a 1941 Lincoln cent that could be worth $1,000 or $5,000 in pristine condition. Decoding Coin Lingo: The Meaning of AU and BU in the Numismatic World, How Many Quarters in a Roll? In order to properly reference our coin, we first need to know its mint. I stay in Fayetteville, NC and I am interested in your offer. History of the Lincoln Cent. The small fee you pay provides assurance you understand and receive the full value of your coin. Most are worth only 2 or 3 cents. Always do your own research before buying and selling antiques! From the earliest Half and Large cents, to Indian head pennies to the popular Wheat pennies of 1909 to 1958. In addition, new varieties such as double-dies or over-dates may be discovered adding to the allure of Lincoln Wheat Pennies. In fact, with the exceptions of major errors and varieties, no Lincoln wheat penny struck after 1933 is worth more than 10 cents in worn condition. 1902 Indian Head Penny. We will do our best to keep these as updated as possible. This coin was never struck in reality, so trying to find one is a wild goose chase. When we say good, fine, extremely fine, and uncirculated condition, what do we mean? Numismatic Expert & Writer. They are not, Read More 1970s Tonka Toys Value (Most Valuable Sold For $743)Continue, Antique coin collecting is a fascinating hobby. In 1909, there were only 284,000 1909 S VDB wheat pennies produced. 1856 through 1858 cents stand out as sought-after collector coins because of the bold flying eagle design. Providing for safe handling, preserving of value and organizing your box of old coins. Small nicks and marks are the norm of a circulated coin. Enter your email address and we will send you a link to reset your password. Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. If you want to find the full list of Lincoln penny error coins, head to our source: prices accurate as of October 2022 and sourced from PCGS. The Denver Mints production numbers were significantly lower, and therefore coins marked with a D can fetch much higher prices than their more common contemporaries. This type of piece is the most counterfeited coin in all of American numismatics. You may want to look out for certain things about our coin. Some of these Wheat pennies are not as common as once believed. 2 cent coin value is steadily increasing over the long term. In the 1930s they can be bought for between $5 and $30. Don't be the last to know about the latest deals and new product arrivals. See prices and values for Lincoln Cents, Wheat Reverse (1909-1958) in the NGC Coin Price Guide. The log cabin Lincoln penny is formally known as the 2009 Birth & Childhood penny, from the Bi-Centennial release. Unfortunately, the vast majority of Lincoln Wheat pennies found in circulation, inherited folder collections, or in jars of old coins are worth less than 10 cents apiece. These pennies are limited edition or were miss-minted in some way. 1943 Bronze Wheat Penny. Some of these old pennies have amazing values. His ear is distinguishable from surrounding hair. Lincoln Wheat Penny Key Dates & Values (1909-1958) - Coin Collecting