Sold for $115,000 at Heritage Auctions on 9th August 2007, this 1944 D Wheat Cent is one of the rarest Lincoln pennies that numismatics can collect. It is estimated that only 3000 to 4000, 1955 Doubled Die Obverse pennies, still exist today.Īs there are many counterfeits, it's highly recommended that you only buy a cent certified by a leading authority. These 24,000 were bagged and released into the Federal Reserve System and started appearing in banks around Boston and New York. Many of these errors were discovered and destroyed by the press inspector, however around 24,000 had already mixed in with the overall output for that day before he noticed the errored batch. Out of the 33,058,000 wheat cents that were minted in Philadelphia in 1955, around 40,000 of these mint errors were pressed. It sold for $114,000 on 22nd March 2018 at Stack's Bowers.Ĭoming from the Philadelphia Mint where the dies are the highest quality, you can see clearly with the naked eye the well defined obverse doubling. This is probably the finest example of the 1955 Doubled Die Obverse Cent. #29) 1955 Lincoln Wheat Penny (Doubled Die Obverse) This didn't go down well with the general public so the mint removed the initials on all future Lincoln cents that were produced.Īs such a small batch of 1909 S VDB pennies were produced, they soon became very popular with collectors. The initial batch of 484,000 copper pennies from the San Francisco mint had the initials VDB on the reverse after the designer Victor David Brenner. This is one of the key dates that every collector of Lincoln Wheat pennies wants in their collection. With only 484,000 created by the United States mint, this is one of the finest examples of a 1909 S VDB penny and this coin sold on the 14th January 2022 at Heritage Auctions for $108,000. I've also created a list of the most valuable Indian Head pennies if that interests you also. Here's a list of the top 30 Lincoln wheat penny values for 2023. If it has a S under the date, it was minted in San Francisco and if it has a D under the date, it was minted in Denver. If a wheat penny has no mint mark, it was minted in Philadelphia.
Also, wheat pennies produced from 1944 to 1946 didn't contain tin because it was needed to produce ammunition during World War II.Īnother important feature to look out for on these valuable pennies is the mint mark. They also weigh approximately 3.11 grams, apart from the steel cents which weigh around 2.7 grams.Īlso all wheat pennies apart from those produced in 1943 and during the war years of 1944 to 1946 are made from 95% Copper - 5% Tin & Zinc.Īpart from error coins, wheat pennies produced in 1943 are made from Zinc plated steel. You may also notice that all these Lincoln cent varieties were designed by Victor David Brenner, are 19mm in diameter, and have a bust of Abraham Lincoln on the obverse. In fact, the most valuable wheat penny is a 'one of a kind' from the Denver mint making it super rare and very valuable to own for coin collectors. That's because they are the most rare dates due to a mistake in the minting process in those years.
You might notice that quite a few of these valuable wheat pennies worth higher premiums are from 1943 & 1944. In later years it was rumoured that the anonymous buyer was in fact Bob Simpson, owner of some of the finest mint condition collectable coins money can buy. These United States one cents coins all sold at auction for record prices, however the most valuable Lincoln cents were sold privately to an anonymous buyer from United States in 20.
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