What 1958 pennies are worth money?
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Most circulated 1958 US wheat pennies are worth only a few cents; the only ones worth significant money are specific rare error coins, especially the 1958 Doubled Die Obverse (DDO), and those in exceptional, uncirculated condition.
How do I know if my 1958 penny is valuable?
The value of a 1958 Wheat Penny is primarily determined by its condition and whether it is a rare doubled die variety. Most 1958 pennies are common, but those in uncirculated condition or with errors can be more valuable.
Why is the 1958 penny rare?
The 1958 D Wheat Penny is not particularly rare as it had a large mintage, but high-grade examples or those with errors are more valuable.
Are wheat pennies minted from 1909 to 1958 may be valuable to collectors?
Produced from 1909 through 1958, Lincoln Wheat Pennies remain a favorite among both beginner and advanced numismatists. While many Wheat Pennies carry minimal face value, certain key dates, mintmarks, and error coins can be worth hundreds or even thousands of dollars.
What 1958 penny is worth $1,000,000?
Some pennies worth $1 million. Rare Lincoln Wheat Pennies, minted from 1909-1958, are valued anywhere from thousands to millions of dollars. The Lincoln Wheat Penny was the first U.S. coin to feature a president's image.
RETIRE EARLY! Hidden Wheat Pennies Are Selling for Millions in AUCTIONS – 2025 ALERT!
What are the 10 most valuable wheat pennies?
The 10 Most Valuable Wheat Pennies (cents)
- 1917 Doubled Die: $3,000 - $6,000.
- 1955-P DDO: $4,000 - $16,000.
- 1922-D No D Strong Reverse: $12,000 - $30,000.
- 1944-P Steel: $50,000+
- 1944-D Steel: $60,000+
- 1958-P DDO: $100,000 - $200,000.
- 1943 Bronze: $300,000+
- 1943-S Bronze: $500,000+
How to know if a wheat penny is valuable?
Key Factors That Determine Wheat Penny Value
The value of Wheat pennies depends on more than just age. Elements such as mint location, rarity, planchet composition, and the coin's overall condition all help in determining whether a penny in your collection is common pocket change or something that could be worth a lot.
What is a 1958-D penny with L on the rim?
With its unique "L" on the rim and error features, this copper coin is a must-have for any coin enthusiast. The coin is circulated and ungraded, adding to its charm and character. The United States minted this Lincoln Wheat Penny in 1958, and it remains uncertified to this day.
Are there any rare 1958 D penny varieties?
This 1958 D Lincoln Wheat Penny is a rare find for collectors. The coin features several errors, including a doubled reverse, an 'I' in the barely struck, an error in the jacket, an 'L' in liberty that is in the edge, and the obverse 'e plu' in the top wording is only half struck.
Should I clean my Lincoln wheat pennies?
Because the cleaning process required to restore the original bright and shiny look of the penny are nearly always abrasive, cleaning them rarely improves the grading of a valuable coin and almost always reduces the value.
What are the key dates for Lincoln wheat pennies?
The Major Four Key Dates
- 1909-S VDB. The most famous and valuable regular-issue Lincoln cent. ...
- 1914-D. The scarcest Lincoln cent from the Denver mint in the wheat series. ...
- 1931-S. Depression-era rarity with extremely low mintage. ...
- 1909-S. First-year San Francisco issue without the VDB initials.
How many 1958 D pennies were minted?
The 1958-D Wheat penny was minted in Denver with a mintage of 800,953,300 coins, making it one of the most common varieties from that year.
What year are Lincoln pennies worth money?
Lincoln Pennies (1909-1958)
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. A 1933-D, for example, may be valued at $2.30 or more. A 1931-S could be worth $40 or more.
How do I submit coins to PCGS?
PCGS offers two different ways to submit coins either by (1) joining the Collectors Club or (2) going through a PCGS Authorized Dealer. Both will get your coins graded.
What are the 25 most valuable wheat pennies?
Top 25 most valuable pennies
- 1944 Steel Wheat Penny - $408,000.
- 1943 Copper Wheat Penny - $250,000.
- 1856 Flying Eagle Penny - $25,000.
- 1924 S Wheat Penny - $12,000.
- 1873 Indian Head Penny - $10,000.
- 1858 Flying Eagle Penny - $10,000.
- 1857 Flying Eagle Penny - $7,000.
- 1922 D Wheat Penny - $6,000.
Which penny is worth 1.7 million dollars?
The 1-cent coin that can be worth up to $1.7 million
The Don Lutes Jr. coin- a bronze Lincoln cent- was sold for such a huge amount because currently, only a handful of these exist.
What does a rare penny look like?
1969-S Lincoln Penny – Doubled Die Obverse
This double die obverse variety has strong doubling on the date, the word “LIBERTY,” and the phrase “IN GOD WE TRUST.” It is believed that less than 100 authentic 1969-S double die obverse cents were produced, and these coins are worth tens of thousands when sold today.
How much is a 1958 wheat penny worth?
The highest grades of the 1958 Wheat Penny have a value ranging from around two thousand dollars to nine thousand dollars. The Wheat Penny comes in shades that go from red to a fully crimson version to brown.
What is the hardest wheat penny to find?
What Are Some of the Rarest and Most Valuable Wheat Pennies?
- 1931 San Francisco Mint Abraham Lincoln Wheat Penny. ...
- 1943 Copper Penny: A Wheat Penny That's Worth Money. ...
- 1914 D Wheat Penny. ...
- 1922 D Lincoln Wheat Cent. ...
- 1909 S VDB Wheat Penny. ...
- 1955 Doubled Die Penny. ...
- 1944 Steel Cent — Rare Steel Wheat Penny.