What makes wheat pennies valuable

If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered an uncirculated coin. As illustrated in the photo in the link below, the mint mark is located on the obverse of the coin, just below the date. Lincoln wheat pennies were produced at three different mints: Philadelphia no mint mark , Denver D and San Francisco S.

Buy price is what you can expect to pay to a dealer when you purchase the coin and sell value is what you can presume a coin dealer to pay you when you sell the coin. These are approximate retail prices and wholesale values.

The actual offer you receive from a particular coin dealer will vary depending on the actual grade of the coin and a number of other factors that determine its worth.

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Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Well choose a date below and a mint mark and explore for yourself, and be sure to pick up a few rolls of pennies next time you are at the bank.

Melt Values Sell Coins. Wheat Pennies. Email Address. Your Password. Remember Me Forgot Password? New to JM Bullion? Create An Account Track an Order? Check Order Status. Reset Your Password. Enter your email address and we will send you a link to reset your password. Send Password Reset Email. Or Return to Log in. Coin Info Cents. Lincoln Pennies Lincoln Pennies.

At least, that's what was supposed to happen. As fate would have it, "some of the old bronze planchets got stuck in the big tote bins that the Mint used to feed the coin presses at the end of ," he said. Today, the bronze Lincoln cent is described as "the most famous error coin in American numismatics" — and the odds of finding one are astronomically against. Stone estimates that 15 to 20 are known to collectors today, although it's possible that there are a few that have not yet been accounted for.

Due to its value, some counterfeits were created with steel cores. If you think you've found a Bronze Lincoln, the Mint suggests testing it with a magnet first. If it sticks, it's not copper. Doubled dies are created when the hub imprints an additional image onto a die — or stamp — causing some misalignment. Collectors refer to the obverse of a coin as the front or "heads" side — usually bearing a portrait.

Also, look for the letter "S" right below the year , which means it was created at the San Francisco Mint. Bucki estimates that 1, or less were made before the Mint discovered its error. Image credit: Heritage Auctions, HA.