The Spruce Crafts uses cookies to provide you with a great user experience. Since Lincoln cent specialist and experts are usually the only people that collect the minor varieties, they are not listed here. After the Mint's Chief Engraver Charles Barber saw that the new Lincoln cent had all three of Victor D. Brenner's initials on the reverse, he vehemently petitioned the Mint Director to have them removed. Victor Brenner was a United States sculptor and engraver whos most widely known for...you guessed it...the Penny :) The initials can be found on the reverse of the 1909 coin only. Lookup Coin values for Good, Very Good, Fine, Very Fine, Brilliant Uncirculated & Proof conditions and MS grade. Estimated Average Buy Price Uncirculated. USA Coin Book has compiled a list of the most valuable US pennies ever known. /* 468x60 CoinTrackers Coin */ By using The Spruce Crafts, you accept our, Washington Quarter Key Dates, Rarities, and Varieties, Top 10 Most Valuable U.S. Look for strong doubling on the obverse in the word "TRUST" and on the date. Additionally, sometimes employees punched the wrong letter or oriented the letter in the wrong place. Rick on February 18, 2020: I have a 1955 penny with a 3 for a mint letter would like to know … Coin Value Price Chart for Lincoln Wheat Cent 1C. In 1909 the United States Mint stopped producing Indian Head pennies and started producing Lincoln cents. Less than one million 1877 cents struck and all are worth hundreds. This coin is easily identified by the "S" under the date on the obverse and Brenner's initials "V.D.B." But experts estimate that this issue has one of the lowest survival rates. google_ad_height = 60; //-->. How much Lincoln Wheat Cent are worth. Millions were minted and most circulated widely. A clean uncirculated example will sell for more money than a circulated well-worn specimen. These two situations combined for a prime opportunity for the mint to produce an error. The 1922 No "D" Lincoln penny is another example of a manufacturing process at the U.S. Mint facility in Denver causing a unique error. Due to problems with producing cents on steel planchets and rejection by the general public, the United States Mint reverted to the original bronze (copper and tin) alloy. google_ad_slot = "3431973953"; Coins for sale for Lincoln Wheat Cent type items. The rarest wheat pennies are known as key dates, and they are: 1909-S VDB, 1909-S, 1914-D and 1931-S. All of these coins were minted in very small quantities so they are much more difficult to acquire than the wheat pennies of most dates. Some of them can be worth several hundred dollars each, on up to a few thousand dollars for some coins. Learning how to authenticate a 1943 copper penny is a relatively easy task. Even though the 1958 Wheat Penny was the last cent produced featuring the wheat stalk reverse, the large amount minted has made it only worth face value in any grade under Extra Fine condition. Value: $115,000. Wheat pennies are still readily found in circulation and because of the relative price of just $25 for a box of these coins, they are cheap and will keep the coin roll searcher on his or her toes. 1992 Close AM Reverse. Rare WW2-era copper wheat pennies - known as a Wheat Cent - are selling for $85,000 at auction Wheat pennies were briefly made of materials other than copper in 1943 and Non V.D.B. In 1943 the United States was gearing up to fight World War II. Most wheat pennies in good condition will be worth about $10 on average and are fairly easy to find and purchase. Ages: 3 months and up. Extra Fine 1958 Wheat Pennies are only worth $.12 and are not in … Additionally, the mint was producing coins for Belgian at the time that use the same zinc plated steel planchets that were used the previous year. So keep your eyes out for a pretty one! In this example, you can see the remnants of an "S" that was punched horizontally into the die instead of vertically. The wheat penny is a classic iconic early 21st century American coin with a face value of 1 cent that was minted from 1909 to 1956. You may get lucky and find your Grandma's stash, or maybe pick one up from a bank teller that just got dumped off during the holidays however. 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. We look at error pennies that are valuable. Up until 1990, mint employees used a small letter punch to add the mint mark to the working die by hand. Lincoln Wheat Penny value and price guide. Regardless of the condition of your coin, remember to never clean your coins. google_ad_height = 60; All Wheat Pennies are worth more than their face value of .01 cent. As you may already know, in 1943, World War II was going on and so the copper previously used to mint our Wheat Pennies… Regrettably, the errors were not always entirely removed, and some remnants of the mistake remained underneath the new mintmark. Unfortunately, there was only enough time left in the year to mint 1,825,000 coins. to the reverse of the coin at the bottom between the stalks of the wheat ears. While all Americans generally think of Copper pennies and believe that pennies are made of pure Copper, that is not accurate now and has varied many times throughout history. Knowing which Lincoln Wheat pennies are key dates, rarities or varieties will help you appreciate that a small difference on a coin can mean significant differences in its value. Compared to the almost 73,000,000 coins minted in Philadelphia this amount is relatively small. Early era wheat cents: 1909 through the mid 1930's have many higher value dates and mints, becoming serious collectibles. Buy & Sell. In fact, the values of collectable wheat pennies in good condition can range from several dollars to over $1000. The Wheat Penny is also known by colelctors as the Wheat Cent. There are also examples of less dramatic doubling that can be found, but these coins do not carry the premium value that the "King" has.