The wheat penny was an American coin designed by the U. S. Mint from 1909 to 1958. Some wheat pennies can be worth over $1,000 ! Now that’s a pretty penny !
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.
Another frequent query is “Are wheat pennies worth saving?”.
Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more.
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.
Another thing we wondered was; what is the 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.
Thing to know about valuable 1944 Wheat Pennies #3 1909-S VDB Wheat Penny – $1,500 – $100,000 ; Most valuable Wheat Pennies – Other Key Years; The Wheat Penny – a great option to start a coin collection with.
Are wheat pennies still in circulation?
On a personal note we just love searching penny rolls for wheat and indian head pennies . 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.
Why were the wheat pennies removed from the US Mint?
They were later removed because citizens felt it was disrespectful. The wheat penny was an American coin designed by the U. S. Mint from 1909 to 1958. The back of the coin has “ONE CENT” surrounded by wheat stalks on either side.
What are the most rare Lincoln Wheat pennies?
Rare coins such as the 1909-S VDB and 1914-D are the ” Holy Grails ” of any Lincoln Wheat cent collection. Before you go down the path of building a complete set of Lincoln Wheat pennies, use the following price guide to give you an approximate value and price for your Lincoln Wheat pennies.
This begs the question “What is the most valuable Lincoln wheat penny?”
These United States one cents coins all sold at auction for record prices, however the most valuable Lincoln Wheat cents were sold privately to anonymous buyers from United States in 2010 and 2018. You might notice that quite a few of these valuable wheat pennies are from 1943 & 1944.