A lot of people have been asking questions and wanting to know the value of their wheat back pennies, which collectors call ‘wheaties’. Here is the run-down on wheat pennies…
Benjamin Franklin designed the first U.S. penny in 1787 (called a Fugio cent). The U.S. Mint started producing pennies in 1793 with Large cents (1793-1857), followed by Flying Eagle cents (1856-1858), Indian Head cents (1859-1909), and Lincoln cents (1909-present). One of the most popular pennies among collectors is a Lincoln cent design: the Lincoln Wheat penny (1909-1958). Here, experienced coin collectors are sharing fun ways to collect pennies, how to grade pennies to determine their condition & value, which pennies are the rarest & most valuable, and how much U.S. pennies are worth (by year).
Millions of coins are released each year by the mints, so it is no wonder that a few abnormal coins slip by inspection and out into population. These are called error coins. They are highly collectible and usually command a lot higher price than if the coin were struck normally.
Very few wheaties — wheat back pennies — have much value, however a variety of the 1922 happens to be one that does. Here’s how to determine if your 1922 penny is worth 4 cents or 400 dollars.
Are we about to witness the demise of the penny and the nickel? New rules have gone into effect that makes it a crime to melt pennies and nickels and sell them — despite the fact that the price of the metals inside those coins is worth more than the face value of the coins themselves!
Finally! Now there’s a way to get CASH — penny for penny — for all your loose change.
Well, sort of. The equivalent of cash, actually.
Little-known facts about pennies in circulation in the United States, including old rare pennies and the Lincoln penny.
Wondering what the value is of a Lincoln-Kennedy Penny? Here’s a little about the commemorative Kennedy-Lincoln penny, including some of the similarities — and differences — between President Kennedy and President Lincoln.
I did a little research to find out which U.S. coins are actually worth something today. See what I found — which coins to keep and which ones are worthless. Plus, see how to determine the value of YOUR coins, and which U.S. coins you should hold onto and not spend — according to the Ultimate Guide of U.S. Coins Worth More Than Face Value!