Hi friends welcome to the new post. Here we will discuss the 20 Most Valuable Wheat Pennies 2024 Complete Guide. In 1909 the There Lincoln penny was made by USA Mint and comes with the striking photo of President Abraham Lincoln. With time, some changes in these pennies become good for collectors due to their rare nature and high value. In this post, we will discuss the differnt valuable wheat pennies. So let’s get with 20 Most Valuable Wheat Pennies
Wheat Penny Production
This penny was made at P or Philadephia Mint and S San Franciso Mint from the year of 1909 to 1956. During this duration,, coins were created with the use of copper mostly and steel pennies were minted during World War II.
Coins made at P or Philadelphia Mint do not have any mint marks. The minted coins in San Francisco have S mint mark. Almost 28 million cents were struck in Philadelphia making them common coins. But types of coin minted by the 1909-S VDB that have Victor David Brenner’s initials, are rare
Just half a million coins were made with the use of these markings having the initials of the designer of the coins. In 1911 D or Dneve mint production of wheat penny was made
Lincoln Wheat Cent Design
Lincoln’s cent desing originated from Victor David Brenner, who came to New York from Lithuania. He reached New York City with less expertise in seal engraving and gems and he learned trading from his father
Brenner suggested desing for a coin known as the Lincoln coin or Lincoln cent. it comes with a photo of It featured Abraham Lincoln on the front side and the back side has two wheat stalks. USA President Theodore Roosevelt selected the design of Brenner and asked to start creation in 1909 to pay homage to the 100th birth anniversary of President Abraham Lincoln.
Condition of Valuable Wheat Pennies
the inspection of the coin condition is the first step for the evaluation of the Lincoln penny. The coins that have good conditions aer high-value coins and are rare. The penny that some wear and tear also comes with good prices.
Good condition or average condition Lincoln wheat cent can have good value based on rare nature and minted year
Condioon and date of a penny are the main parameters to check for coin
The condition and the date of a Lincoln wheat penny will be your first two places to examine.
20 Most Valuable Wheat Pennies
1943-D Bronze Cent
1943-D bronze is a valuable wheat penny that was struck on bronze at the Dene Mint. It is made mostly of steel materials. During World War II copper was required for war uses. The 1943 steel penny has a good value of about one thousand dollars or more but it accidentally struck on bronze making it a highly valuable penny. The only penny exits having D minted was sold in 2021 for selling $840,000
1943 Bronze Wheat Penny
if not the most coveted coin in America, the 1943 Bronze Wheat Cent. At that time copper was very commonly used in World War 2 so minted stopped the creation of copper pennies and moved to make coins with the use of steel. But a different copper planchet was mistakenly struck with the use of 1943-dated dies. There are differnt fake coins like valuable coins. We can do fast testing to check the real 1943 bronze cent. Get managed and move close to the penny if the penny gets attracted to magnet it is made with copper-plated steel and counterfeit. if not attracted to magnet we can get to know that it is not real
1944 Steel Cent Wheat Penny
This con was made with sheer accident. it is commonly considered as either steel blanks of older years accidentally struck or steel blanks from foreign coins that were minted was creation mistakenly mixed with copper blanks and struck. What it was the method we get high value of rarity. it is suggested that there are just twenty to thirty coins exist making it a rare and valuable wheat penny type
1943-S Bronze Cent
The minting mistake with the 1943 penny does not end at D or Denver Mint. In reality, there are the same minting errors at S or San Francisco and Philadelphia when bronze planchets get struck at tote bins to have coin presses. Workers do not get attention and the most valuable wheat pennies are made. Just 6 known minted in S San Francisco, exits and sold one sold for and one sold for $504,000 in 2020.
1922-D No D Wheat Penny
It is just one circulation strike in a complete series which not have a mint mark. In 1922 there was just Denver Mint was making pennies and coins must come with a D mint mark. Due to the high pressure to make all cins mint faces the sloppiness and many wheat pennies do not get a mint mark. it is the main type and is highly famous for collectors and considered a valuable penny and sold for 92000 dollars in 2008
1955 Doubled Die Wheat Penny
It is a famous penny is famous among different collectors. Doubling on this peny is seen clearly. It was 24000 doubled die wheat pennies were made and introduced. But high-requireable coin normally comes with fake coins also. So ensure that about fake pennies and get coin certification before getting it
1943 (Philadelphia) Bronze Cent
When we see this penny it looks very beautiful that anyone wants to see it a second time. If it copper or bronze colored then we are have something that is high value. 1943 wheat pennies that did not come with a mint mark created in Philadelphia also had minting errors with the bronze planchets. Collectors think that there are just twenty coins exits currently. One this type of penny sold for 372000 in 2021
1944-D Steel Cent
As we know there are differnt mistakes that occurred during the switch from copper to steel wheat pennies in 1943. During the move from pennies created with recycled shell case alloy in 1944 a similar mistake occurred. There are less than ten 1944 D steel wheat pennies exits and a single sold for $115,000
1909-S Over Horizontal S Wheat Penny
It is an error coin known as RPM or Repunched Mint Mark. it happened that the first S was punched in the die in the incorrect direction and then with another S. All minted marks were hand-punched on dies before 1990. In 2000 it was sold for $32,900
1909-S VDB Lincoln Cent
It was made in 1909 and the starting name of the designer was added to the starting designs of the coin When Treasury Department officials checked that this desing had the initials of the designer they tried to remove the coin from circulation and displeased it. Almost 48000 were struck at S mint and some are in circulation. In mint condition sold for $92,000 in 2005.
1909-S VDB Wheat Penny
The 1909 S VDB Lincoln Wheat Cent is very difficult to get but that’s a famous series. They are mostly counterfeited, but authentication is suggested if you have to get these rare coins It sold for 168,000! in 2022
1909-S Wheat Penny
It is a semi-key date. Still, it is highly requried in all types of grades but it is not famous like the 1909-S VDB variety. Its mintage number is 1,825,000 and 204 sold for $69,000.
1914 Wheat Penny
it is highly attractive for collectors to search and they are about 1000 times rare in the penny that we have currently. normally 1914 D is rarer than 1914 S but its condition defines the value. The 1914 S is difficult to get in uncirculated condition if not get it. It can be high worth that rare 1914 D penny. In good condition, it was sold for $83,000 in 2008.
1922 No D Strong Reverse
it is very difficult to stamp the coin on the side of the other or dies making a design that can worn not in a uniform process. But it is not technically minting fault it does not make the coin unique and valuable. it does not have a D-minted mark in spite of being struck at the Denver Mint. The back side of a penny that is wheat comes with a strong stamp the front side has a photo of Lincoln
1921 Lincoln Cent
it is not rare but it is hard to get in good condition. Just two are considered as superb and they have good value and one coin was sold for $55,000 in 2005.
1925-S Wheat Penny
Some 1925 pennies for S mint aer not accurately made and that clearly lost crispness in circulation. it is rare to get them in mint condition especially one that is clear and comes with good data..
1917 Doubled Die Wheat Penny
The 1917 Double Die Wheat penny comes with class V doubling or pivoted hub doubling. That is not very strong that is doubled die and double is exist and words write on a coin that is IN GOD WE TRUST. It is a famous coin for collectors and has great importance. it can be difficult to check the doubling of worn coins
1915-S Wheat Penny
Like the 1925 version, the 1915 Lincoln Cent from S mint mark does not come with a clear layout. Getting one that was not circulated and is defined well is rare and considered as high value and sold for $48,000 in 2005.
1931-S Wheat Penny
The 1931 S Lincoln Wheat Penny considered as main date series of that penny and their minted number is 866,000 coins. But it can be considered as a larger number average mintage numbers are normally millions. It was the last penny minted at S mintage till 1935. The 1931 S wheat cent was stored by different persons so it can as easily be bought in uncirculated grade coins
Most Valuable Wheat Penny Worth Money
Penny | Auction Record |
1944-D Steel Cent | $115,000 |
1931-S Wheat Pennies | $18,600 |
1921 Lincoln Cent | $55,200 |
1914-D Wheat Penny | – |
1909-S VDB Lincoln Cent | $168,000 |
1943-D Bronze Cent | $840,000 |
1917 Doubled Die Wheat Penny | $120,000 |
1909-S Wheat Penny | $69,000 |
1922-No D Strong Reverse | – |
1915-S Lincoln Cent | $48,300 |
1909-S Over Horizontal S | $32,900 |
1925-S Lincoln Cent | $54,625 |
List of Most Valuable Wheat Pennies
Rank | Coin | Year | Mint | Condition | Price |
---|---|---|---|---|---|
1 | 1943-D Bronze Cent | 1943 | Denver | MS62BN | $840,000 |
2 | 1955 Doubled Die Wheat Penny | 1955 | Philadelphia | MS65+RD | $114,000 |
3 | 1909-S VDB Lincoln Cent | 1909 | San Francisco | MS67RD | $168,000 |
4 | 1909-S Wheat Penny | 1909 | San Francisco | MS67+RD | $69,000 |
5 | 1914-S Wheat Penny | 1914 | San Francisco | Excellent | $83,000 |
6 | 1922 No D Strong Reverse | 1922 | Denver | Good | $67,000 |
7 | 1921 Lincoln Cent | 1921 | Philadelphia | Superb | $55,000 |
8 | 1925-S Wheat Penny | 1925 | San Francisco | Near Mint | $54,000 |
9 | 1917 Doubled Die Wheat Penny | 1917 | Philadelphia | MS67+RD | $180,000 |
10 | 1915-S Wheat Penny | 1915 | San Francisco | Well defined | $48,000 |
11 | 1931-S Wheat Penny | 1931 | San Francisco | MS66+RD | $18,600 |
FAQs:
What is the most valuable wheat penny?
The 1943 D Bronze Cent is the most valuable penny and sold for $840,000. With that other types of valuable pennies are the 1909-S VDB Lincoln Wheat Penny, the 1944 Steel Penny, and the 1943 Bronze Penny
What are the top 10 rarest pennies in the world?
Rank | Coin | Year | Mint | Condition | Value |
---|---|---|---|---|---|
1 | 1943-D Lincoln Bronze Wheat Penny | 1943 | Denver | Uncirculated | $2.3 million |
2 | 1793 Strawberry Leaf Cent | 1793 | Philadelphia | Uncirculated | $862,000 |
3 | 1944-S Steel Wheat Penny | 1944 | San Francisco | Uncirculated | $408,000 |
4 | 1943-S Lincoln Cent Struck on Bronze | 1943 | San Francisco | Uncirculated | $282,000 |
5 | 1909 VDB Matte Proof Lincoln Penny | 1909 | Philadelphia | Proof | $258,000 |
6 | 1958 Doubled Die Obverse Cent | 1958 | Philadelphia | Uncirculated | $224,831 |
7 | 1856 Flying Eagle Cent | 1856 | Philadelphia | Uncirculated | $172,500 |
8 | 1864 Indian Head Penny “L” on Ribbon | 1864 | Philadelphia | Uncirculated | $161,000 |
9 | 1914-D Lincoln Penny | 1914 | Denver | Uncirculated | $159,000 |
10 | 1926-S Lincoln Penny | 1926 | San Francisco | Uncirculated | $149,500 |
What is the value of wheat pennies?
In good condition, its value can be $20 or $30 on average. Some Lincoln Pennies having errors are high worth
Why is the 1944 penny rare?
The 1944 Lincoln penny is highly preferred by coin lovers and collectors since it is rare. Now not more than 1944 pennies aer made and their rarity makes them valuable
What is a 1942 penny worth?
DATE | GOOD | FINE | EXTREMELY FINE | UNCIRCULATED |
---|---|---|---|---|
1942 Lincoln Penny | 0.15 dollars | 0.20 dollars | 0.50 dollars | 0.75 dollars |
1942 Lincoln Penny (D) | 0.15 dollars | 0.20 dollars | 0.50 dollars | 0.85 dollars |
1942 Lincoln Penny (S) | 0.20 dollars | 0.30 dollars | 1.25 dollars | 5.50 dollars |
How much is a 1944 wheat penny worth in 2023?
one 1944 Wheat Cent in mint condition has a value of about $13,000
How to tell if a Wheat penny is worth money
- Early dates Diffent pennies are from the starting years when coins were minted
- World War II years (1941-1945) The pennis that were made during World War 2 were high value especially that were made with the use of differnt metals from older metals
- Errors Different errors related to penny make it high high-value
- Good condition COndiotn also defines the value of coins good conditions coins as high value