7 Rare Wheat Pennies Worth Collecting & What They're Worth
Among the most popular U.S. coins are Lincoln wheat pennies. Millions collect them, and they have been highly popular with coin collectors of all ages and incomes for decades.
But which are the rarest wheat pennies? And what are the low-ball pricing figures for these rare Lincoln wheat cents?
Let's examine these 7 rare wheat pennies closer.
1909 S V.D.B. Wheat Penny
The 1909 S VDB is one of the most popular rare coins from the modern era. Only 484,000 of these coins were struck. The 1909 S (San Francisco) V.D.B. (initials of the designer) wheat penny easily commands $750 even in the lowest of collector grades. Those VDB initials stand for Victor David Brenner and they are found on the reverse, centered below the wheat stalks.
1909 S Wheat Penny
This is another 1909 San Francisco issue that is considered quite scarce. Collector demand is quite high for the 1909 S wheat penny, which can bring in at least $100. With a mintage of 1,825,000, the 1909 S is a very scarce coin with many people clamoring to get ahold of one.
1914 D Wheat Penny
The 1914D Lincoln cent is one of those penny rarities which just keeps getting more expensive with time. With a little more than a million ever struck, the 1914-D usually commands over $200 in the lowest grades.
1922 "Plain" Wheat Penny
What happens when a mintmark is supposed to be stamped on a coin but never gets there? You have, in most cases, a popular rarity. That's what happened when a small number of the 7,160,000 Lincoln wheat pennies the Denver mint produced in 1922 never received a "D" under the date on their cents thanks to a problem with the die. Examples of the 1922-D wheat penny with no trace of the "D" evident can fetch over $400 in the lowest grades. Beware, however, of regular 1922-D cents which have had their "D" mintmarks worn off by unscrupulous types.
1931 S Wheat Penny
1931 was a lean year for Lincoln penny production in San Francisco. The San Francisco mint struck only 866,000 Lincoln pennies that year, creating what many collectors would later regard a very important and eventually pricey "key" Lincoln cent. 1931 S Lincoln pennies currently sell for at least $100 in the lowest collector grades.
1943 Bronze Wheat Penny
In 1943, the U.S. Mint struck pennies out of steel to help ration copper for militay purposes. However, a few 1943 Lincoln pennies wound up being struck in bronze, and these rare mistakes are worth a pretty penny indeed. In fact, some 1943 bronze cents have been sold at auction for over $100,000. Keep in mind that while the 1943 bronze Lincoln penny is very popular, it is virtually never considered as necessary for completing a Lincoln cent collection.
By the way, the 1943 steel Lincln penny is not at all a rare -- or even scarce -- coin. However, it is a special one-year issue, which demands its own bit of popularity for being a distinctive-looking coin that everyone needs to complete their Lincoln cent collections and everyone wants because of the unique nature of the coin.
1955 Doubled Die Obverse Wheat Penny
Though an error coin (like the 1922 "plain" cent) the 1955 Doubled-Die obverse cent is nevertheless one of the most popular "rare" Lincoln pennies which, in some people's minds, must be had in order to complete a collection of Lincoln wheat cents. There were well more than 330,000,000 Lincoln pennies struck at the Philadelphia mint in 1955, but only a tiny fraction of these received the significant doubling of the obverse design which warranted the attention and popularity the coin has since received. The 1955 doubled die obverse starts selling at around $1,000 in the lowest grades.
Far more common is the "Poor Man's" 1955 doubled-die cent. While plentiful, they don't have the dramatic raised doubling seen on the 1955 doubled dies which everyone is always talking about.
For More Information
To get an idea as to current prices for the Lincoln wheat cents mentioned in this article, visit the PCGS (Professional Coin Grading Service) Lincoln cent pricing chart.
To find out more on mintage figures (as well as tons of other information about U.S. coins), purchase the current edition of "A Guide Book of United States Coins," printed by Whitman Publications and edited by R.S. Yeoman and Kenneth Bressett.
Hi, Robert:
Values for such a collection just like yours (a date set, it seems, with one coin per year) would range greatly based on what pennies you do have versus which ones you don't.
Sight-unseen, I would place a "low-ball-to-average" value of something like that around $7-12 assuming the coins after 1958 are circulated and also assuming the absence of coins like the 1909 (as you state), 1921, 1922-D, 1931, 1932, and 1933.
The value of your set could be much more if your set already includes some scarcer dates (like the ones I mention above) and the coins are in considerably nice condition.
If you want to buy the coins to round out your collection, consider using the services of a coin dealer. There is probably one located in your town, and many, many reputable dealers sell online.
Good luck!
I have various coins and currency. I have a penny collection ranging from 1910-2009 missing only 16 dates. Wandering what collection may be worth and if anyone would like to sell early year wheat pennies to complete my collection. Thanks
Hello Bob,
Where would I look to find the value of my 1959 D wheat penny? Are you sure it's rare. i can't find any info on this penny.
Thank you for your time,
Shari
Do you have a 1943 bronze wheat penny if so contact me i collect them.
mark_coury2000@yahoo.com
Hi Richard
I am from Serbia/Europe/,I collect Lincoln Head coins one cent.In Serbia is very difficult acquire this coins, only 1959 to date,but wheat penny its problem.
Please, if you have duplicate wheat penny in good condition and you wish exange coin with me,advise me.
I offer in return Serbia or Yougoslavia coin,banknote or stamp.
Greetings from Serbia
Dragan
dragmilenkovic@sbb.rs
I have 25000/30000 wheat pennies with many double dates and errors on them. die brakes,missing letters, missing words, missing dates etc. been a error searcher for years. Have never sold. Also have good double dates not listed, like 1972-s D/D, 1957 d very nice D/D, 1967 D/D,1982 D/D, 1970 S D/D and many many more. Have many rolls of m/s wheaties and 100s of rolls of unsearched wheaties. Any questions, let me know.
I have 25000/30000 wheat pennies with many double dates and errors on them. die brakes,missing letters, missing words, missing dates etc. been a error searcher for years. Any questions, let me know.
Hi, Jacqueline:
Actually pennies made from 1909-1940 are Lincoln "wheat ear" pennies. Generally, they are common. As you see in this article, there are certain dates which are quite scarce and, therefore, very valuable. Check out this link for information on scarce (but not rare) Lincoln wheat cents: http://coins.thefuntimesguide.com/2008/12/lincoln_semi_key_coins.php .
Any of your coins not listed in either this article or the other article I link you to are common and worth between 5 and 50 cents in average condition.
i have ten indian head wheat pennies range between 1909 to 1940, do you have any information of their value is
Very true--imagine what they would be worth if they still existed....(!)
the 1959 D wheat cent is the rarest 2 were known to be minted but both were distroyed.
looking to sell all type of wheat penny and etc. coins
Jasmyn:
You should get at least $12-15 on your 1909 VDB cent if it is not discolored, bent, corroded, cleaned, or otherwise damaged. Good luck!
i have a 1909 vbd wheat penny anyone know what its worth?? and any takers??
i have 2,840 wheat pennies from 1898 to1957. would like to sell if the $ is right
I have a 1928 Buffalo Nickel with F stamp on it.
I have a 1882 indian head penny. I am nota collector and only have a few coins I have saved over the years. Is this worth anything?
Should I save my Indian Head pennies dated from 1936, 1941, 42, 44, 45, 46, 47, 50, 53, 56, to 1957. Some of them have the letter "d".
I have a 1903 indian wheat penny. how much is this coin worth? It is scratch up a bit but still readable. Thanks.
what would a 1945 wheat penny be worth ?
how much would a 1959 weat pennie be worth?
Priscilla,
According to PCGS.com's (Professional Coin Grading Service) price guide, your 1909 Indian cent is priced around $3-5 if very worn and at at least $40 if uncirculated.
I have a 1909 Indian Head Wheat penny and am unable to find any information about its value