Hello readers welcome to the new post. Here we will learn How Much is a 1957 Wheat Penny Value, 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
The 1909, the first time pennies were made at the 100th birthday of Lincoln’s president. Roossow’s president asked to make these coins for the celebration of a birthday. The desing 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 back side but were removed due to protest against it. In 1918 again initals 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 in 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 stalks pennies.
Features Of 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 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 back side 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 19mm
- 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 dollars for the MS65 grade, and 140 dollars 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 20400 dollars in 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 is 27 dollars and MS69 value range is $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
- MS69 grade full red penny sold for$6,600.
parameters that can affect the value of a 1957 wheat penny:
- Toning: Penny color affects penny value. Red and brown color pennies are high-value
- Grade: third-party grading service defines the grading of penny and is based on the coin’s condition. A high grade means the coin is in good condition
- Certification: Certified coin has a higher value than uncertified coin
1957 steel penny
There is no such thing as a 1957 steel penny. In 1943, pennies were made with the use of steel coated in zinc due to the copper shortage during World War II. But in 1957, pennies were made with the use of ninety-five percent copper and five percent tin and zinc.
it anyone saying is that he has a 1957 that is a copper penny? The value of a 1957 wheat penny is based defined on condition. An average uncirculated penny will cost about seventy-five cents. But, if the penny has any errors or is in mint condition, it could have a high-value
parameters that can affect the value of a 1957 wheat penny:
- mint mark.
- condition of the penny.
- presence of errors.
1957 penny no mint mark
A 1957 penny not having a mint mark made in Philadelphia. In that year, the Philadelphia Mint struck 282,540,000 wheat pennies, which is higher than in other years. So, most 1957 wheat pennies with no mint mark are in circulated condition and are high-value
in uncirculated condition, it could have more value. The exact value will defined by the grade and any errors., an uncirculated 1957 penny with no mint mark graded MS-65 is 1.16 dollars
Top 10 Auction Records of the 1957-D Wheat Penny
Here are the top 10 auction records of the 1957-D Wheat Penny:
Selling Date | Grade | Auction House | Price |
June 2015 | MS67+ | Heritage Auctions | $3,995 |
December 2005 | MS67 | Bowers & Merena | $3,910 |
April 2006 | MS67(PCGS) | Bowers & Merena | $3,738 |
April 2010 | MS67(PCGS) | Bowers & Merena | $3,738 |
December 2008 | MS67(PCGS) | Bowers & Merena | $3,738 |
December 2005 | MS67(PCGS) | Bowers & Merena | $3,738 |
January 2009 | MS67(PCGS) | Heritage Auctions | $4,025 |
July 2008 | MS64(PCGS) | Stack’s | $4,370 |
May 2005 | MS67(PCGS) | Heritage Auctions | $4,313 |
August 2007 | MS67(PCGS) | Bowers & Merena | $4,428 |
November 2007 | MS67(PCGS) | David Lawrence Rare Coins | $4,945 |
Varieties of the 1957-D Wheat Penny
There are 4 known varieties of the 1957-D Wheat Penny:
1957 Wheat Penny Lamination Error
In this error planchet 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. MS65 grade D mint mark penny sold for 100 dollars.
1957 Triple Re-Punched Mint Mark Penny Error
The triple-re punched mint mark commonly exists in Denver-minted coins. If the mint mark is punched in striking die at different angles doubling or tripling the mint mark exists. If we see D mint mark two Ds overlap on the 3rd D filled in the other two. Coin with tripled repunched mint mark sold for $1,000.
1957-D Doubled Die Obverse (DDO)
Nice doubling on the letters of LIBERTY and the motto, with a repunched mintmark move directly to the south.
1957-D Doubled Die Reverse (DDR)
Doubling on the wheat stalks and the letters of UNITED STATES OF AMERICA.
1957-D Weak Obverse
Weak strike on the obverse of the coin, causing the letters and images to be less distinct.
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
What’s The Value Of A Worn (Circulated) 1957 Wheat Penny?
The value of a worn (circulated) 1957 Wheat Penny is about 10 to 15 cents. as they are common and made in larger numbers. The 1957 wheat penny comes with a mintage of more than 648 million so it common wheat pennies. 1957 wheat penny value based on its conditions. The coin in mint condition comes with a larger value than heavily circulated. The circulated coin is a coin that during use lost its shine and details. Circulation coins exit in pocket change or coin rolls..
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 penny has the high value of about thousands of dollars.
How Much Are Uncirculated & Proof 1957 Pennies Worth?
Type | Mint Condition Value | MS65 Grade Value | MS66 Grade Value |
---|---|---|---|
Uncirculated 1957 Wheat Penny (no mintmark) | 1.16 dollars | 1.50 dollars | 2.25 dollars |
Uncirculated 1957-D Wheat Penny | 1.25 dollars | 1.75 dollars | 2.50 dollars |
Proof 1957 Wheat Penny | 4.50 dollars | 6.00 dollars | 10.00 dollars |
A List Of 1957 Error Pennies… And Their Values
Type | Mint Condition Value |
---|---|
1957-D Doubled Die Obverse (DDO) Variety | 100 dollars |
1957-D Doubled Die Reverse (DDR) Variety | 50 dollars |
1957-D Weak Obverse variety | 1 to 5 dollars |
1957-D Off-Center variety | A few cents |
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 dime by mistake used for 1957 pennies. The high-grade 1957 pennies are rare and MS67+ are rare and high value
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Faqs
- How much is a 1957 wheat penny worth?
- In circulated condition, its value is about 0.05 to 0.35 dollars. Red gems are rare coins and are of high value and can be sold for hundreds to thousands of dollars.
- Why is a 1957 wheat penny rare?
The 1957 wheat penny is not rare. 3rd most common wheat penny was minted, with 1.1 billion coins made. But some rare varieties of 1957 wheat pennies, that are with no mint mark
- Which wheat penny is rare?
1914-D Lincoln Wheat penny
- What penny is worth $50 000?
1959-D wheat penny is worth about $50,000 in uncirculated condition.
- What year penny is worth $1000?
1955 Doubled Die Lincoln Cent and 1909-S Indian Cent
- What year penny is worth 2 million dollars?
rare 1792 American penny
- What penny is worth 25 000?
The 1914-D penny with no mint mark is worth about $25,000 in uncirculated condition.
- What penny is $1000000?
1943 copper penny