Valuable Wheat Pennies

The 1909S-VDB Wheat Penny
The 1909S-VDB Wheat Penny | Source

RARE AND VALUABLE PENNIES


I don't know about you, but I would trade a penny for a few thousand dollars any day. I want to go over some of the rarest wheat pennies you could ever have and some that are very valuable. The wheat cent was produced from 1909-1958. It is an American penny worth 1/100th of a dollar. In 1909, the last Indian head penny was made and in the same year the first wheat cent was produced also.

The wheat penny was produced in Philadelphia, Denver, and San Francisco. The Denver Mint marked their pennies with a "D", San Francisco with a "S", and the Philadelphia Mint didn't mark their wheat pennies, therefore there is no mark on the wheat pennies from Philadelphia. When you are looking for rare and valuable coins, these mint marks have a lot to do with the value or your coins.

Below is a list of the rarest wheat pennies that were ever made. And usually, if a coin is rare, it is very valuable. Many people began to hoard wheat pennies when the reverse was changed in 1959. Reverse is a coin term meaning, "the back of the coin". The front of the coin is often called the obverse.

GREAT DEALS ON WHEAT PENNIES

RARE WHEAT PENNY DATES


1909 S VDB Wheat Penny

This wheat penny is the cream of the crop. This penny was produced at the San Francisco Mint and there were only 484,000 of these wheat pennies made. The main reason they are rare is because of the 'VDB" that was marked on the back of the coin. These were the initials of the designer of the coin. Almost as soon as this design was released, they changed it because people didn't like that Victor David Brenner's initials were easily seen on the coin. Thus, a rare coin was made. Over the years, the coin has become very valuable. Even if you have one that is in rough condition, it can get you a few hundred dollars. If you have one that is in great shape, the value can reach the thousands. Value $400-$4,000+

1909 S Wheat Penny

In 1909, once the VDB initials were removed, the San Francisco Mint produced 1,825,000 of these coins without the VDB initial. They have now become rare and they are worth a hefty price even in rough condition. Even in low grade, this penny can be worth $100. The price increased to a few hundred dollars if you are able to find one that is in great shape.

1914 D Wheat Penny

The 1914 D wheat penny has become rare over the years and is in high demand when it comes to completing an entire wheat penny collection. Even in a low grade, this penny can be valued between $125-$200. If you are able to get one in great condition, it would be a closer value near $400-$600.

1922 Wheat Penny

In 1922, a few pennies escaped the Denver Mint without the "D" mint mark on the front of the penny. You have to pay close attention to make sure the "D" hasn't been rubbed off due to constant circulation. If you can prove that it hasn't, you have a penny that is worth $420 even in a low grade. The value can rise near $1,000 for a great graded coin.

1931 S Wheat Penny

In 1931, the San Francisco Mint only produced 866,000 wheat pennies for the year. Today, they are very scarce. Many people have trouble finding these coins in good grade. Even in low grade, you can receive $50 for your wheat penny. The value is well over a $100 for a coin in a higher grade.

1943 Copper Wheat Penny

Out of all wheat penny types, this one has the highest value. In 1943, the U.S. Mint produced pennies made out of steel to conserve copper for World War II. A very small handful of pennies were made with copper. In return, a very rare coin was made. If you are lucky enough to find a 1943 wheat penny made out of copper, the value can be around $100,000. No joke. It is believed that there are still some out there somewhere.

1955 Double Die Wheat Penny

In 1955, one of the rarest wheat penny error coins were made. You will be able to tell immediately if you have found one of these pennies. The strong doubling on the date and on "IN GOD WE TRUST" is very easy to see on the front of the coin. Even in low grade, the coin is valued near $1,000. The value can reach the thousands if you are able to provide one in great grade.


Pennies are the easiest coin to collect because in most cases they are cheap to obtain. Many people have hoarded wheat pennies for years now. It can be a real joy looking through your old wheat pennies. They can still be found in circulation today. They are the perfect coin to start a collection. Remember, it is never to late to start collecting coins. Thank you for your time and please come back as we continue to add articles about old coins.

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Comments 21 comments

thranax profile image

thranax 5 years ago from Rep Boston MA

Wow that's cool! I wouldn't mind finding a 4,000 dollar wheat penny in my change from McDonalds though!

~thranax~


SusieQ42 5 years ago

I think I may go through my change jar looking for wheat pennies! If I find one I'll be back here to visit again. Once I find one, where do I go to sell it??? Thanks for the useful information.


september girl 5 years ago

I often go through our piggy banks looking for wheat pennies. Have to bookmark this hub! : ) Thanks for the share.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Thank you all for your comments. It is greatly appreciated. A great place to sell them is on Ebay. That is where I buy and sell mine. You can also look up local coin shops also. Dealers pay a little less, but they are giving 3 cents for each common date penny at this time. Hard to imagine a penny could be worth so much.


femmeflashpoint 5 years ago

Lyric - I found the hub interesting because my little brother has been a wheat penny hound since he before he was a teenager.

I'll pass this hub on to him, as I'm sure he'll enjoy seeing the information in an article. :)


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Flashpoint, thank you very much for the comment. I tell you, once you start, its like it almost becomes an addiction. I appreciate your time and many thanks. Take care.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Flashpoint, thank you very much for the comment. I tell you, once you start, its like it almost becomes an addiction. I appreciate your time and many thanks. Take care.


Sinea Pies profile image

Sinea Pies 5 years ago from Northeastern United States

When I was a kid, we all checked our pennies hoping against hope that we'd find a 1909S VDB! Ah, memories! It was fun.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Sinea Pies, thanks for the comment. I know the feeling. It is a wonder we don't dream of them! :) So many pennies. Great memories my friend.


Victoria Lynn profile image

Victoria Lynn 5 years ago from Arkansas, USA

Wow! I used to collect coins. I still have them. I need to look at them and read some more of your hubs. Thanks, lyricwriter. You're got a new follower! Voted up, useful, interesting, awesome!


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Victoria, thank you so much for stopping by. Thanks so much for the following. I am very interested in learning more about you and we can see what kind of coins you have. I look forward to the occasion and thanks.


PegCole17 profile image

PegCole17 4 years ago from Dallas, Texas

This hub is exactly what I was needing. Last weekend I saw a bucket of wheat pennies for sale at an antique store. They were 10 for a dollar and I thought it was a bit high. Now I can go look through them and hopefully find one of the valuable ones listed here. Thanks!


thelyricwriter profile image

thelyricwriter 4 years ago from West Virginia Author

PegCole17, thanks for taking the time to stop by and glad you found what you needed. Not a bad deal. The common wheat pennies are worth 3-5 cents. If you can find some that look new, they are worth more. Look for those key dates. I have an article that shows all their values.


tillsontitan profile image

tillsontitan 4 years ago from New York

Really interesting topic! Everyone's got some wheat pennies somewhere. I remember looking for the 1943 copper when I was a kid, never did find one. My Grandfather had a penny for every year of his life. He was 93 when he died over 30 years ago. I voted this up and interesting. I'm SHARING with my followers.


tarajeyaram profile image

tarajeyaram 4 years ago from Wonderland

Interesting hub. Voted up.


thelyricwriter profile image

thelyricwriter 4 years ago from West Virginia Author

*Tillsontitan, thanks so much for taking the time to drop by. That 1943 would be a great find. That would have been a great collection. Thanks for sharing and thanks for everything else. Take care.

*Tarajeyaram, thanks for taking the time to read this article. Best wishes.


Ugly Honest profile image

Ugly Honest 4 years ago from Within the New York/DC Megalopolis

Interesting... Useful .... Great subject ... Appreciate the Info .... I have a ton of these in an old wine bottle ... Now when I dump them on the floor and start to go through them I'll know what I'm doing .... Thank You !!!


thelyricwriter profile image

thelyricwriter 4 years ago from West Virginia Author

Ugly Honest, thanks for taking the time to view this article. Glad you liked it. Good idea. With the change over to the new penny, wheat pennies are likely to be more valuable then ever. Maybe you have a gem!


Texans 2 years ago

Wow! I have 1943 copper! I better go get it! :-)


Frank Macri 23 months ago

What are the 1943 steel pennies worth?


Ugly Honest profile image

Ugly Honest 23 months ago from Within the New York/DC Megalopolis

Came across this again ... Tweeted !!

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