Hello readers, welcome to the new post. Here we will learn how much a 1957 Wheat Penny is worth. 1957 Wheat Penny is used in the USA coin system. Here we will cover its different features and related parameters like rarity, history, and value. Let’s get started with How Much is a 1957 Wheat Penny Value, Worth?
1957 Wheat Penny History
In 1909, the first time pennies were made at the 100th birthday of Lincoln’s residency. Roossow’s president asked to make these coins for the celebration of a birthday. The design of the first pennies was made by Victor David Brenner. They came with a photo of Abraham Lincoln on the front side and reverse side, adding two wheat stalks. Due to wheat stalks, these pennies are called wheat pennies. On these pennies at the start, the creation initials of designer VDB were added on the backside but were removed due to protest against it. In 1918 again, initials were added on the front side. Firstly, pennies were made with the use of 95 percent copper and changed to zinc-coated steel in 1943 due to the use of copper in wars. The composition of 95 percent copper was again restored this year and was used until 1982 when copper prices again increased.
In 1959 the design of Lincoln pennies again changed on the 150th birthday, and the Lincoln Memorial was added on the back side in place of wheat stalks. These pennies were called memorial pennies. 1957 is part of pennies made in 1909, so they are known as wheat stalk pennies.
Features of the 1957 Wheat Penny
Obverse of 1957 Wheat Penny
The front side of the 1957 penny has a photo of President Lincoln facing right. This photo covers about 95 percent of the front side of the coin. The motto IN GOD WE TRUST was also added with the word LIBERTY on coins and the minting date 1957 on this side.
Reverse of 1957 Wheat Penny
The backside of the 1957 penny has two wheat stalks with the emblem E PLURIBUS UNUM. The denomination ONE CENT is also on this side with the country name UNITED STATES OF AMERICA.
Some other features of the 1957 wheat penny are
- Its weight is 3.11 grams, and its diameter is 19 mm.
- It has a plain edge with a composition of 95% copper and 5% tin and zinc.
- It is made by P and D Mints.
1957 wheat penny value
1957 wheat penny with no mint mark value
- It is made at the Philadelphia Mint and is commonly used. In circulated conditions, they have a face value of one cent; they are worth about face value, or 1 cent. For uncirculated conditions, their value is $7 in coin in the MS63 grade, $25 for the MS65 grade, and $140 for the MS66 grade.
- Ms63 = 1.75 dollars
- Gem quality MS66 = 12.50 dollars
- MS60 = 2.7 dollars
- MS67 gem quality sold for 6350 dollars
- Full red gem grade MS67 sold for 20,400 dollars in the 2022 auction.
1957 Proof Wheat Penny Value
The Philadelphia Mint made about 1.25 million 1957-proof pennies. These pennies are made with the use of polished and certain types of die. These pennies made for coin collectors and auctions have different categories like proofs, red proofs, cameos, and deep cameos.
Red proof coins are high value, like PR65, which is $27, and MS69 value ranges are $100 and $150.
- PR68 cameo proof = 700 dollars
- Deep Cameo PR68-grade coins sold for $32,500.
1957-D Wheat Penny Value
It was made at the Denver Mint and is less common than the no-mint mark pennies. In circulated conditions, worth is at face value. In uncirculated conditions, the value is $75 for a coin in MS63 grade, $275 for MS65 grade, and $4250 for MS67 grade.
- Brown 1957-D wheat penny value = $0.05 to $0.35 for circulated condition
- Uncirculated condition MS62=$1.25
- MS67 = 34 dollars
- red 1957 wheat penny MS67 grade = 5200 dollars
- An MS69 grade full red penny sold for $6,600.
1957 steel penny
The value of the 1957 D penny is about five cents for circulated condition and has a value of hundreds of dollars for uncirculated condition.
Top 10 Auction Records of the 1957-D Wheat Penny
Here are the top 10 auction records of the 1957-D Wheat Penny:
- MS67+ = $3,995 sold in June 2015
- MS67 = $3,910 sold in December 2005
- MS67 = $3,738 sold in April 2006
- MS67 = $3,738 sold in April 2010
- MS67 = $3,738 sold in December 2008
- MS67 = $3,738 sold in December 2005
- MS67 = $4,025 sold in January 2009
- MS64 = $4,370 sold in July 2008
- MS67=$4,313 sold in May 2005
- MS67 = $4,428 sold in August 2007
- MS67 = $4,945 sold in November 2007
Varieties of the 1957-D Wheat Penny
1957 Wheat Penny Lamination Error
In this error planchet, the surface has cracks. It occurs due to a problem with the roller machine. This error is on the 1957 D penny when a lamination error affected the part of the ear and hair of Lincoln. MS64 BN grade sold for $110 at an auction.
Repunched Mintmark Error
The repunched mintmark error is that the mintmark on the coin is added more than one time and another in a different position. its main cause is mintmark punching at accurate points. 1957 D penny has this error. An MS65 grade D mint mark penny sold for 100 dollars.
1957 Triple Re-Punched Mint Mark Penny Error
The triple-repunched mint mark commonly exists in Denver-minted coins. If the mint mark is punched in the striking die at different angles, doubling or tripling the mint mark exists. If we see the D mint mark, two Ds overlap on the 3rd D, filling in the other two. Coin with tripled repunched mint mark sold for $1,000.
1957-D Doubled Die Obverse (DDO)
The double die error occurs during coin production due to die strikes on coins. Die struck many times for printing design, so during the strike it shifted and made the double design. That is shifted to coins during the strike.
In double die obverse, doubling effect occurs on the front side. The doubling effect can be seen in the word LIBERTY on the letter B. Coin with this grade AU53 has a value range of 2.50 dollars. The MS63 grade is five dollars.
MS65 grade is $12 to $13.
The coin with a doubling effect on I, B, and E of liberty with an AU53 grade is about four dollars to 7.50 dollars for the MS63 grade and 15 dollars for the MS65.
1957-D Doubled Die Reverse (DDR)
Doubling on the wheat stalks and the letters of the UNITED STATES OF AMERICA.
Penny Struck on Dime Planchet
It is a rare type of error on coins struck with the wrong planchet. It was the condition when a 1957 wheat penny struck on a planchet intended for a dime. A coin with an MS62 grade is valued at $1,000 at auction.
1957-D Off-Center
Struck off-center, with part of the design missing from the coin. ten percent off-center coins with MS65 BN grade sold for 240 dollars
1957 Wheat Penny Grading
| Number | Grade |
|---|---|
| 1 | Basal State-1 |
| 2 | Fair |
| 3 | Very Fair |
| 4, 5, 6 | Good |
| 7, 8, 10 | Very Good |
| 12, 15 | Fine |
| 20, 30 | Very Fine |
| 40 | Extremely Fine |
| 50 | About Uncirculated |
| 60 | MS |
| 65 | MS |
| 70 | MS |
How Do I Know If My 1957 Wheat Penny Is Worth Money?
If there is a hun, a red wheat penny that has a new coin look, it can be of high value or worth money. From professional coin grading services, check details of coins and their value.
What makes a 1958 D wheat penny valuable?
The circulated 1957 D wheat penny is not high value and can have a value of 0.05 to 0.35 dollars. Red gem quality 1957 D wheat pennies have a high value of about thousands of dollars.
How do I know if my 1957 penny is valuable?
Check that if the coin has carbon spotting. The attractive, high-grade coins are spotless with sharp strikes and good details. The color is full-blazing red as well.
What is the error on the 1957 wheat penny?
1957 Wheat Penny Value Chart
| Mint Mark | Good | Fine | Extremely Fine |
Uncirculated
|
| 1957 No-Mint Mark Wheat Penny Value | $0.05 | $0.06 | 0.14 dollars | $13 |
| 1957-D Wheat Penny Value | $0.05 | $0.11 | $0.14 | $34 |
| 1957 Proof Wheat Penny Value | – | – | – | $30 |
How Much Is a 1957 Wheat Penny Worth Today?
The value of a 1957 penny in circulated condition is about $0.05 and $0.35. Red gems are rare coins and high value, hundreds or thousands of dollars.
What Makes A 1957 Penny Rare?
The rarest 1957 pennies are struck with the wrong planchet. The planet used for dimes by mistake was used for 1957 pennies. The high-grade 1957 pennies are rare, and MS67+ are rare and high value.
Read Also:
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- Most Valuable 1941 Wheat Penny Value
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- How Much is a 1945 Wheat Penny Worth, Value with No Mint Mark
- How Much Is 1967 Penny Value & Worth in 2024? (Rare Errors, “SMS” and No Mint Mark)
- 1968 S Penny Value in 2024 | How Much Is It Worth and Why?
FAQs
- How much is a 1957 wheat penny worth?
- The 1957 D penny for circulated condition can be worth five cents and several hundred dollars in uncirculated condition.
- Why is a 1957 wheat penny rare?
The value of the 1957 wheat penny is defined with condition and rarity of errors, like the doubled die obverse. Mostly 1957 pennies are common, and uncirculated conditions or errors are high value.
- Which wheat penny is rare?
The 1914D wheat penny was made by D Mint and is a high-value non-error penny for collectors. There were 1,193,000 coins made as compared to other pennies.
- What penny is worth $50,000?
The 1959-D wheat penny is worth about $50,000 in uncirculated condition.
- What year penny is worth $1000?
The 1955 doubled die penny comes with doubling on the front side on the word LIBERTY and minting date. It has a value of 1000 dollars, and the worn condition of uncirculated condition can be of $2,000 or more.
- What year penny is worth 2 million dollars?
1943-D Lincoln Bronze Wheat Penny is worth more than $2.3 million.
- What penny is worth 25,000?
The value of coins is due to the distance between the lower AM in AMERICA on the backside of the 1992 penny and the distance between the FG initials and the base Lincoln Memorial.
- What penny is $1000000?
1943 copper penny
