Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures. Most wheat pennies in good condition will be worth about $10 on average and are fairly easy to find and purchase. Of course, the rarest wheat pennies will cost you, well, a pretty penny.
Are old wheat pennies worth anything?
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) when purchased or sold in MS-63 condition.
What is the face value of a wheat penny?
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.
This begs the query “How much is a 1918 wheat penny worth?”
The initials would be brought back in 1918, but they were much smaller and were placed on the front of the coin near Lincoln’s shoulder. Although a wheat penny’s face value is one cent, all wheat pennies are worth more than their face value. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures.
How much are Lincoln Wheat pennies worth?
While most worn, common-date Lincoln Wheat pennies aren’t worth more than 10 cents, there are many Lincoln Wheat cents that are worth much more, and by quite a bit. There are four major regular-issue key dates in the series and several valuable semi-key dates, varieties, and errors, too. The major Lincoln Wheat cent key dates include:.
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. The Wheat Penny is also known by colelctors as the Wheat Cent. The coin is made out of mostly copper, but steel versions.
An answer is that the first Lincoln head pennies debuted what became known as the Lincoln wheat penny, which featured two wheat stalks framing the writing on the reverse side. This article will answer the two key questions about the wheat pennies: What are the most valuable wheat pennies, and what are the wheat pennies to look for ?
Who was the first wheat penny?
In this article, we are focusing on the so-called Wheat Penny, the first guy to be coined from Lincoln’s pennies.
The Wheat Penny is also known by colelctors as the Wheat Cent. The coin is made out of mostly copper, but steel versions of the coin were issued during World War II.