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.
One of the next things we wondered was 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.
How much is a wheat penny worth?
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.
The back of the coin has “ONE CENT” surrounded by wheat stalks on either side. These pennies are commonly called ” wheaties ” or “wheat backs.” The coin was designed by Victor David Brenner and replaced the design for the Indian Head penny. In 1909, there were only 284,000 1909 S VDB wheat pennies produced.
We need to look at the small lettering just below the year embossment. Wheat Penny no mint mark: If it doesn’t have any letters, it was minted at the main Philadelphia Mint. Wheat Penny “S” mintmark: If we find an S, it was coined in San Francisco. Wheat Penny “D” mintmark: If we find a D, then Denver is its origin.
Do wheat pennies have mint marks?
Wheat Penny no mint mark : If it doesn’t have any letters, it was minted at the main Philadelphia Mint. Wheat Penny “S” mintmark: If we find an S, it was coined in San Francisco. Wheat Penny “D” mintmark: If we find a D, then Denver is its origin.
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.
While most coins without a mark are from the Philadelphia Mint, Denver was the only mint to strike pennies in 1922. How much is a 1944 wheat penny worth with no mint mark?
Are there any errors in the Lincoln wheat penny series?
Of the 6 coins above considered highly scarce or rare in the Lincoln wheat penny series, 2 are considered errors: 1922 no mint mark — Only the Denver mint produced pennies in 1922, but weak dies (the device itself which actually imprints the image into a coin) produced coins with a faint “D” and some coins on which no “D” mint mark appears at all.