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Have a 1915 penny? Curious what it’s worth?
Old 1915 pennies are worth more than face value — anywhere from 10 cents up to $10,000!
What makes a 1915 wheat penny valuable, and how will you know if yours is worth the big bucks?
In this article, I’m going to share what you need to know about these old wheat pennies and what makes them valuable.
- If 1915 Lincoln pennies are rare or not
- All 1915 Lincoln penny values
- What the most valuable 1915 penny is
- Some 1915 wheat penny errors to look for
- How many 1915 pennies were made
- Who designed Lincoln wheat pennies
- Fun trivia about 1915 Lincoln cents
Are 1915 Pennies Rare?
Generally speaking, 1915 Lincoln pennies are not rare.
Yes, they may be hard to come by. And they almost never turn up in pocket change these days. But there are many thousands tucked away in coin collections.
So, most 1915 Lincoln pennies (especially the well-worn ones) are relatively common.
There’s a lot of other cool stuff I want to share about these old pennies, but I know what you’re really here for… You want to know how much your 1915 wheat penny is worth!
What’s The Current 1915 Penny Value?
Which of these 1915 Lincoln cent varieties do you have?
- 1915 penny with no mintmark — A 1915 Lincoln wheat cent with no mintmark on the obverse (heads side), was struck at the Philadelphia Mint. This is among the most common 1915 Lincoln cents. They are worth about 10 cents to 50 cents in well-worn condition. A 1915 Lincoln penny that has never been used as money is scarce. These so-called mint state (or uncirculated) 1915 Lincoln cents range in value from approximately $70 for a typical chocolate-brown uncirculated specimen to more than $5,000 for a top-end specimen with lustrous, original reddish surfaces.
- 1915-D penny — A 1915 penny with a “D” mintmark from the Denver Mint is considerably scarcer than a Philadelphia Mint issue with no mintmark. This 1915 wheat penny is worth about 50 cents to $5 in well-circulated condition, with higher prices for nicer specimens. An uncirculated 1915-D penny is worth anywhere from $85 to more than $10,000 in red gem mint state.
- 1915-S penny — A 1915 penny with an “S” mintmark was made at the San Francisco Mint. This is by far the scarcest of the business-strike Lincoln cents bearing the 1915 date. A 1915-S penny is worth $15 to $25 in heavily circulated grades up to more than $10,000 for a nice uncirculated example with reddish, lustrous surfaces.
- Proof 1915 penny — Struck by the Philadelphia Mint for coin collectors, these old proof wheat pennies are very scarce. A 1915 proof Lincoln cent is worth anywhere from $400 apiece up to around $10,000.
*Values listed above are for coins with no signs of damage — including cleanings, holes, bends, heavy nicks, or other types of problems.
IMPORTANT: Do You Know The Grade Of Your Penny?
To determine the true value of your 1915 penny, you first need to know what condition (or grade) your coin is in.
Grab a coin magnifier and a copy of the U.S. Coin Grading Standards book. Then, watch this video to see how to grade coins yourself at home:
Are There Any 1915 Wheat Penny Errors?
Not many 1915 Lincoln pennies with errors are known to exist — but there are definitely some worth looking for:
- 1915 doubled die pennies — There’s only one that’s known… it’s the 1915-D doubled die penny. 1915-D doubled die pennies are rare and don’t often trade hands in the marketplace, so values are all over the board — but error coins similar to the 1915-D doubled die Lincoln penny are generally worth from $50 to $100 or more.
- 1915 off-center pennies — These pieces may be struck just a little askew (perhaps only 5% to 10% off center) or much more (such as 50% or greater). A 1915 penny that is only slightly off-center, say 5%, may be worth $10 to $20. Those with much more dramatic off-center strikes are worth hundreds of dollars.
- 1915 wheat pennies with die cracks or die cuds — These errors are caused when the die that strikes the design onto the blank coin cracks. This creates a raised bulge on the coin. A die crack can be found anywhere on the coin, whereas a die cud is a raised bump attached to the rim. A 1915 Lincoln cent with a die cud may be worth $100 to $200. Meanwhile, old pennies with more usual die cracks elsewhere on the surface can range in value from $3 to $5.
- 1915 Lincoln pennies with repunched mintmarks — Error pennies in which the mintmark was struck at least twice and each punch is seen at slightly different angles or locations are often worth quite a bit. 1915 pennies with repunched mintmarks can range in value from $5 to $20, depending on how drastic the error is.
There are many other kinds of 1915 Lincoln penny errors to look for — including die caps, brockages, and other types of errors.
Remember, error coins (especially certain old error coins) are rare by nature. But if you’re lucky enough to find an unusual or odd-looking 1915 Lincoln penny, be sure to hang on to it. You may very well have a 1915 error penny that’s worth big bucks!
Fun Facts About 1915 Wheat Pennies
There are a lot of neat stories behind old coins like Lincoln wheat cents.
That’s also the case with 1915 Lincoln pennies, as you’ll see with these amazing facts:
- What’s the most valuable 1915 penny? That honor belongs to one of the highest-grade 1915-S Lincoln cents. A 1915-S Lincoln wheat cent, graded MS-66 Red and certified by the Professional Coin Grading Service (PCGS), sold for $48,300 in May 2005.
- Who designed the 1915 Lincoln wheat cent? This coin was designed by Victor David Brenner. This famous Lithuanian-born sculptor designed the Lincoln penny in 1909, and his initials, “VDB” are seen on the reverse (tails side) of some 1909 cents. They were removed later that year but reappeared under Lincoln’s shoulder on the obverse beginning with 1918 pennies. You can still find the VDB under Lincoln’s shoulder on brand new pennies!
- How many 1915 wheat pennies were made? Here’s a rundown on 1915 Lincoln cent mintages showing how many were made of each kind at each mint:
- 1915 no mintmark penny (Philadelphia) — 29,092,120 minted
- 1915-D penny (Denver) — 22,050,000
- 1915-S penny (San Francisco) — 4,833,000
- 1915 proof penny (Philadelphia) — 1,050
- What do the wheat stalks on wheat pennies mean? The wheat ears symbolize national prosperity and first appeared on the Lincoln penny with its debut in 1909. They wheat ears design stuck around until 1959, when the design was replaced by Lincoln Memorial pennies.
I’m the Coin Editor here at TheFunTimesGuide. My love for coins began when I was 11 years old. I primarily collect and study U.S. coins produced during the 20th century. I’m a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. I’m also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). I’ve contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I’ve authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below!