Coin Values Pennies

Lincoln Wheat pennies are one of the most popular series of U.S. Coins that coin collectors strive to build a complete set. Rare coins such as the 1909-S VDB and 1914-D are the 'Holy Grails' of any Lincoln Wheat cent collection. .Values are for problem-free coins in a grade of Good or better, and uncirculated for those dated 1959 and later. As you’ll notice, there are several dates missing in the list above. The pennies that aren’t on this list are worth only a nominal amount — usually between 3 cents and $1. Lincoln Memorial pennies are very common, and you can find most dates in circulation today. However, some Lincoln cents have more than a penny's worth of copper in them, but it is illegal to melt them. Lincoln pennies minted from 1959 to 1982 are made of 95 percent copper and have about 2.5 cents worth of copper in them. Feb 06, 2021 VALUE OF LINCOLN PENNIES – WHAT DEALERS PAY Coin dealers and collectors are willing to pay a significant premium for superior condition or highly graded Lincoln Wheat Pennies. The values of collectible wheat pennies in good condition range from a couple of dollars to over $1000.

1. Value Of Old Pennies By Year
2. Coin Values Pennies Lincoln

Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 Silver $26.90

How to determine Lincoln Penny Value. Judging how much an old penny is worth follows a step by step approach.

Steps Leading to Value:

• Step 1: Date and Mintmark Variety – Identify each date and its mintmark variety.
• Step 2: Grading Condition – Judge condition to determine grade.
• Step 3: Special Qualities – Certain elements either enhance or detract from value

Date and Mintmark is first identified; each variety is listed separately on value chart. Next step is understanding condition and its grade. Compare your coin to grading images helping visualize differences in appearance and condition. Additional special qualities are then considered. Subtle and also distinct factors unique to Lincoln cents are studied helping recognize an accurate value.

Above are wholesale coin values. Dealer's price lists and auction results for each date and mint of Lincoln cents are averaged with various mark-up factors figured in. They reflect closely what you would expect to receive when selling.

Variations in value occur subject to subtle grading points, collector demands and dealer needs.

Step 1: Date and Mintmark Combination

Identify variety of Lincoln cent. Philadelphia, the main mint along with branch mints Denver and San Francisco struck wheat cents. Mintmarks were used to identify the mint striking the coin.

No Mintmark Under Date: Philadelphia Mint Struck the Coin

Over the course of the wheat penny series (1909 to 1958). Philadelphia, the nation's primary mint struck 14 Billion wheat cents. Additionally, all engraving of the dies used for Lincoln cents were crafted there. Each branch mint received coinage dies yearly as adjustments to date and mintmarks were made.

Large quantities produced is reflected in abundant supplies known today. Popularity of hobbist forming collections is supporting strong values.

D Mintmark Under Date: Denver Mint Struck the Coin

As a new branch mint at the time, Denver coined fewer wheat cents than Philadelphia. First year of cent mintage with a 'D' mintmark is 1911.

Many dates of Denver wheat cents are considered elusive in all grades of condition. Early era (1909 to1933) examples are especially sought by collectors. These Denver mint coins are an important variety to identify.

S Mintmark Under Date: San Francisco Mint Struck the Coin

San Francisco mint is known for its typically low mintages of wheat cents per year. Total production of all years (1909 to 1958) of the wheat series is 2.75 Billion 'S' mintmark pennies. Followed by Denver with a total of 9 Billion and Philadelphia's 14 Billion cents.

An 'S' mintmark is a first indication of a generally higher value coin. San Francisco Lincoln pennies hold a special fascination with collectors. A wide range of values are represented on the chart, including a significant number of key dates, identity is important.

Step 2: Judge Condition to Identify Grade

Accurately judge Lincoln penny condition by comparing your coin to images, visualizing its grade. Higher condition means all the difference to collectors and dealers. Value is directly tied to grade.

Uncirculated Grade:

Absence of wear defines the Uncirculated - Mint State grade. These are the top condition coins. Uncirculated condition examples are avidly sought by collectors.

All freshly minted cents are imparted with 'mint luster' a shimmer that rotates along the surface as a coin is titled under a light. Inspect the upper most points of the design looking for any signs of wear. A smoothing of the surface, result of wear, is noticeable as a disruption of mint luster. A side-affect to wear is a dulling of the shimmer.

Extremely Fine Grade:

Light wear is visible to the entire coin in Extremely Fine grade. All major design elements remain, noticeable is a small degree of flatness to high profile areas. Lincoln's hair is fully defined, just small disconnected flat spots. Lines to his coat are all separated from the shirt, and bowtie remains distinct.

Fine Grade:

Moderately worn with ample detail remaining defines a coin in Fine grade. All major elements are separate and bold. Lincoln's coat is flattened along the shoulder and lapel. Hair is worn and areas of flatness are now beginning to connect. His ear is distinguishable from surrounding hair. Beard at chin has remaining detail with a roundness to profile.

Good Grade:

Wear has removed the majority of detail to Lincoln's hair and coat. Cheek and jaw are now one smooth area with little definition. Portrait is still bold with ample detail visible within the shirt.

Lettering along the rim is often faint, however must remain. A pleasing brown to light brown color of pennies is appealing to collectors in this grade, with many early dates showing premium value.

Viewing different grades side by side helps visualize details separating different conditions. Use a single light source when viewing and often a magnifying glass is helpful to bring detail closer.

Judging condition of pennies is partially subjective; degrees of wear and appearance cover the complete range of - new - to worn smooth. After viewing the coin, you develop an opinion, a dealer or collector grading the coin have their own opinions... and they can all differ slightly.

Grading Lincoln Wheat Pennies is a detailed look at defining condition, assigning a grade and how to determine Lincoln penny value. Along with the video, close-up images help you quickly recognize and separate premium pennies. Descriptions bring out the subtle details involved.

Advanced grading by professionals is recommended for the higher value $100+ coins. Collectors and dealers consider PCGS and NGC as leaders in coin grading services. They both authenticate and grade your coin. The small fee you pay provides assurance you understand and receive the full value of your coin. Visit an introductory page to Coin Grading Services

Step 3: Special Qualities Enhancing Value

Visual appeal contributes to values of Lincoln Wheat pennies in many ways. How a coin “looks” in total is first to notice, followed by closer examination. Qualities of eye appeal are demonstrated by comparing high to low appeal.

Even Color Discolored

One common fault of copper is a tendency to discolor. Both examples are worn, one stands out as superior because of a nice even toned coloration. A natural look, of age and condition.

Strong Strike Weak Strike

Millions of pennies were struck of most varieties of wheat cents. Not all received a strong, full impression during the striking process. Evidence of weakness is visible and contrasted with a complete striking of 'ONE CENT'. Faded lettering detracts, also notice the curving of the letters close to the rim. A strong impression is favored.

Nice Surface Large Nick

Small nicks and marks are the norm of a circulated coin. Many are diminished by the smoothing involved with wear. A large deep mark stays with the coin. In a main focal area, a noticeable mark visually detracts. Appeal to a collector is lowered, along with potential value.

Popularity Supports Lincoln Penny Value

Underlying support is critical to value in any coin series. Lincoln cents are a series enjoying strong demand by collectors. Their interest and collecting preferences form the basis to how much each coin is worth.

Among 20th century US coins, collecting Lincoln cents places just behind the Peace Dollar series as a favorite with collectors. A study of Registry Set totals identifies popularity of each series by numbers of collectors involved in actively assembling collections. Popular Coin Series is an insight into the coin hobby and US coins by denomination and series.

From the beginning of the Lincoln cent introduction in 1909 an interest to collect the series was strong. By 1958, the conclusion of the series, a notable pattern emerged to values and availability of the dates and mintmarks. Collectors began to recognize two major eras, the first 1909 through 1933 featuring elusive coins and higher value.

A second era 1934 through 1958 is notable for abundance of coins and lower value. Interestingly, a third small sub-group dated 1934 to 1943 is beginning to emerge in value. Choice circulated examples of this sup-group; specifically those in Extremely Fine grade, are developing a strong premium over lesser grades. All adding to the fascination of collecting wheat pennies.

Combining the many themes to collecting Lincoln pennies with a wide range of affordability draws a diverse collecting interest.

From one year to the next Lincoln penny value never stands still. New collectors take up the hobby. Seasoned collectors continually improve their collections. New varieties of over-dates, double-dies, or something different is always discovered and sparking interest in wheat pennies.

Keep in touch with coin values, return to update your Lincoln penny value.

References

US Treasury. History of the Lincoln Cent. https://www.treasury.gov/about/education/Pages/lincoln-cent.aspx
US Mint. US Mint Reports. https://nnp.wustl.edu/library/publisherdetail/51

Coin Values CoinStudy Articles

Date by Date
In Depth Lincoln Penny Value
Early Era 1909 to 1933

Date by Date
In Depth Lincoln Penny Value
Second Era 1934 to 1958

A step by step method combined with the coin value online guide identifies how to value a coin collection. Discover how much your box of old coins is worth.

Coin values listed. From the earliest Half and Large cents, to Indian head pennies to the popular Wheat pennies of 1909 to 1958. Match your coins to images identifying correct series. Follow a step by step process to accurate value on charts. Some of these old pennies have amazing values.

Separate your old wheat pennies into the main value groups - different decades, mintmarks, rare dates and importantly condition. Preparing and selling wheat pennies for the best value is possible.

List your coins and record their values. Should you decide to sell... use the worksheet as a packing slip when sending coins through the mail to dealers. It indicates you have done your coin values homework.

Coin values are determined by using the grading images to judge condition then checking the date and values on the charts provided. Discover all the rare varieties, dates and mintmarks.

★Coin Values Discovery finds Lincoln Penny Value and...

All old US coin values. The home page is an excellent index, quickly leading to the major coin series. From Cents to Gold.

Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 Silver $26.90

Collectors and their pursuit of nice coins is pushing old US penny values higher. These copper coins date back to the beginnings of the mint. With many different designs and varieties; a wide range of values are involved.

Recognizing the design series of your coin, plus date, and importantly, condition, are the necessary steps to an accurate evaluation. Each different series is covered in detail with a step by step method to identify all factors contributing to value.

Early era cents are notable for their scarcity. 1793 to 1807 saw relativity low mintages and most simply wore out during use.

Half cents and Large cents of the Liberty series are slightly abundant in lower condition. Nice, lightly circulated or finer examples are scarce.

Value Of Old Pennies By Year

Indian and Lincoln pennies are the very popular series with many collectors assembling complete sets. Values of Indian and Lincoln pennies are supported by strong demand.

🔎Following are images to compare your coin and identify correct series. Text links lead to in-depth how to value the coin.

All are scarce and enthusiastically sought by Half Cent specialists. With many rare dates and varieties, check your coin against the value charts.

A classic American coin with many specialists involved. Early years 1793 to 1814 are very scarce. Should your coin be a rare date or even a well-preserved large cent the value increases significantly.

Valuable because they are so popular. Flying Eagle penny values quickly rise depending on condition. 1856 through 1858 cents stand out as sought-after collector coins because of the bold flying eagle design. And they represent the introduction of the modern small cent size.

$1 to $2 dollars for common dates. With many advanced collectors perusing Indian pennies the rare dates are rapidly moving higher in value. Better condition coins are especially sought. Your box of old coins has never been more valuable.

A very popular coin to collect for both beginners and advanced collectors. Lots of rare dates and mints to discover and now the condition of the older coins is important. These better condition coins have very high old US penny values.

A short series highlighted by a couple of rare dates and a rare variety. A careful look at your 2 cent coins is necessary. Examine your coins, compare them to the grading images and discover today's solid values.

Step by Step Method to Old US Penny Values

Steps Leading to Value:

• Step 1: Recognize the Different Series of Cents - US pennies cover a large variety of series and styles with overlapping dates. Identify the different series to begin.
• Step 2: Date and Mintmark Variety - Within series, dates become important to value, identify all dates accurately.
• Step 3: Grading Condition - Judging condition is done with a close inspection and comparing to standards for the grade.

Most factors affecting value are easy enough to identify. The date of the coin is prominent, once you know where to look, mintmarks become easy to find. And although some varieties are obscure, most are easily identifiable. All of these are listed on the value charts. However...

The hardest to accurately determine is the condition of your old pennies. Known as 'Grading'. Each coin denomination has their own subtle grading points to follow. Important because values are often significantly higher from one grade to the next.

Condition of a Coin is Defined by a 'Grade'

With the series identified, dates confirmed, attention is now directed to the condition of the coin. All series are evaluated individually by certain condition standards. Example: Condition of Indian pennies are judged by different point on the coin than Lincoln cents.

Good Grade

Heavily worn condition places a coin in the Good grade.

Fine Grade

Moderate amount of wear defines the Fine grade.

Extremely Fine Grade

With just light wear on high areas, a penny is considered as Extremely Fine grade.

Defining condition by 'Grades' is how charts lists individual values for stages of wear and condition. Grading individual coins is detailed on the series pages linked above.

Coin Values Pennies Lincoln

With your coin in hand discover old US penny values.

Coin Values CoinStudy Articles

From Half Cents to Large Cents to Indian and Wheat pennies, there are numerous rare dates, rare mintmarks and many different varieties avidly sought by collectors. Many collections are very advanced both in scope and quality of the coins. A continual process of upgrading these collections alerts to the difficulty of finding many high-grade coins. Certain pennies once considered common are becoming difficult to find. Prices and values are continually adjusted.

Of Note: We refer to these coins as a penny or pennies, however in official terms, the US Mint defines the denomination as a Cent.

Separate your old wheat pennies into the main value groups - different decades, mintmarks, rare dates and importantly condition. Preparing and selling wheat pennies for the best value is possible.

Searching for rare pennies is interesting and exciting when it leads to a find. Discover the rare pennies in your box of old coins.

A step by step method combined with the coin value online guide identifies how to value a coin collection. Discover how much your box of old coins is worth.

One of keys to the best price when selling and finding coin buyers is knowing accurate values.

★Coin Values Discovery... find Old US Penny Values and...

All old US coin values. The home page is an excellent index, quickly leading to the major coin series. From Cents to Gold.