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Lincoln Wheat Penny Value

1909–1958 · · 95% copper (1909–1942, 1944–1958); zinc-coated steel (1943)

Value by Grade

GradeEst. Value
Poor (P-1)$0.03
Good (G-4)$0.05
Fine (F-12)$0.15
Uncirculated (MS-63)$5.00
Gem (MS-65)$15.00
Perfect (MS-70)$75.00

Key Dates & Rare Varieties

Date/VarietyWhy It's SpecialValue Range
1909-S VDBBrenner's initials removed after public backlash — only 484,000 struck$700–$3,000+
1943Bronze/copper cents are errors — should be steel. Worth $100,000+$0.10 (steel) / $100,000+ (copper error)
1914-DScarce Denver cent$200–$5,000
1922Weak or no 'D' mintmark varieties$500–$8,000
1931-SLow mintage Depression-era cent$75–$400

Coin Specifications

Designer
Victor D. Brenner
Years
1909–1958
Denomination
Composition
95% copper (1909–1942, 1944–1958); zinc-coated steel (1943)
Diameter
19 mm
Weight
3.11 g

Quick Value

$0.15
Average circulated (Fine grade)

Lincoln Wheat Penny: History & Background

The Lincoln Wheat Penny was the first US coin to feature a real person (president Abraham Lincoln) on a circulating coin. The reverse features two wheat stalks flanking 'ONE CENT' — a design that ran from 1909 until 1958. The 1909-S VDB (with designer's initials) and the 1943 bronze error cents are among the most famous US coins. Most Wheat Pennies in circulated grades are worth 2–5 cents, while key dates can be worth thousands.

How to Grade a Lincoln Wheat Penny

Accurate grading is the single most important factor in determining a coin's value. A difference of just a few grade points can mean 10× or more in value. Examine the highest points of the design first — these are where wear appears earliest. For the finest grades, luster, strike quality, and surface preservation all matter. Professional grading by PCGS or NGC adds certainty and typically increases resale value. Read our complete grading guide →

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