Since the new penny was designed, we're seeing an increase in values of the wheat penny and older pennies. Dates and varieties are first identified. During 1982 the composition was changed to 97.5% zinc, with a thin copper plating, so that you have pennies dated 1982 made of both metal types. They were made of 95% copper until 1982.
If your penny is the Small Cent type, it will be about the same size as the ones we use today although it might be a tiny bit heavier. Coin grading services are in tune with the market and can give you a great idea as to how your Lincoln Wheat Penny may be valued.
Lincoln Memorial Pennies are dated 1959 to 2008 and have a portrait of Lincoln on one side of the Lincoln Memorial building on the other. Because fewer pennies were minted with the engraved initials, check your 1909 Lincoln Wheat Penny to see if it has the VDB engraving.The value of your Lincoln Wheat Penny is always changing and may increase over the years.
Be on the lookout for 1877 and 1909-S Indian head pennies. The United States Mint currently makes all one-cent coins on zinc planchets that have a thin layer of pure copper covering the entire surface. The small fee you incur for having your penny graded can be well-worth it to know you are getting fair market value for your coin if you wish to sell it.
A 1933-D, for example, may be valued at $2.30 or more.
The Large Cents are dated 1857 and earlier and are much bigger and heavier than our current penny type, the Small Cent. Enter your email address and we will send you a link to reset your password.The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. Indian Head Penny: Key Dates, Rarities, and Varieties Get DIY project ideas and easy-to-follow crafts to help you spruce up your space.
One simple way to do this is to examine the wheat stalks on the coin’s reverse. Lincoln Memorial Penny (1959 to Today) Values and Prices All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.NOTICE: Due to extreme volumes, orders may take an additional 2-3 business days to ship. To find out how much your U.S. penny is worth, we first need to determine its type. (Note: Most of the coin prices are realistic amounts that a dealer will pay you.
Numismatists classify these three different types of Lincoln pennies all under the Lincoln Memorial Cent type. All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the Wheat Pennies are dated from 1909 to 1958 and have a portrait of Lincoln on one side, and a wreath-like design of wheat heads on the other. These new coins are known as the Lincoln Shield Reverse penny. If your small-sized penny is dated 1857 or 1858, it is a Flying Eagle Cent. Both coin dealers and coin collectors are …
Follow a step by step process to accurate value on charts. They are most valuable in any condition and are highly sought after by coin collectors. Coin values listed.
In addition, new varieties such as double-dies or over-dates may be discovered adding to the allure of Lincoln Wheat Pennies.Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. In 2009, the U.S. Mint issued a unique commemorative set of four pennies to celebrate the 100th anniversary of President Lincoln's birth and the Lincoln cent design. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. Coins that have been well-preserved over the years can be valued significantly higher than similar coins that have wear and tear or damage.Both coin dealers and coin collectors are willing to pay a higher premium for Lincoln Wheat Pennies that are in superior condition and of a higher grade. If the lines at the tops of the wheat stalks remain crisp, clear and robust, the coin may be in extremely fine condition. The U.S. has made two major types of pennies, the Large Cent, and the Small Cent. If your small-sized penny is dated 1857 or 1858, it is a Flying Eagle Cent.
These initials may be found along the bottom rim of the coin just below the wheat stalks.
Penny Values | Rare Pennies Have Outstanding Values. Indian Head pennies are dated from 1859 through 1909, and have a depiction of Lady Liberty wearing an Indian-style feathered headdress, hence the misnomer "Indian Head" Penny. Next condition of the coin - a key factor - i… I believe the oldest one that I found was 1910, I bought a 1826 Large Cent once, but sold it later.
A Flying Eagle Cent in the well-worn condition is worth about $15 to $25 if you sold it to a coin dealer. If the penny has experienced significant wear and tear due to handling over the years, there is a good chance these lines at the tops of the stalks will be worn down or even non-existent.
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old pennies value chart