What makes a 1958 D wheat penny valuable?
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A standard 1958 D wheat penny is not particularly rare and is typically worth only a few cents over its face value in circulated condition. A 1958-P Doubled Die Obverse (DDO) penny, which lacks a mint mark and features a significant minting error, is the highly valuable variant.
Is my 1958 D wheat penny worth anything?
1958-D Wheat Penny Worth
The 1958 D Wheat Penny value ranges from around one thousand dollars to three thousand dollars for some of the highest grade coins documented. The Wheat Penny comes in colors ranging from brown to brown and red to a full red version.
What is the error on the 1958 D-cent?
This 1958-D Lincoln cent was once thought to be an overdate. A cluster of die gouges or die dents formed a pattern that resembles a partial 7 beneath the terminal 8.
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.
What is the rarest penny from 1958?
As it is the last year of the Lincoln Wheat Cent, the 1958 Wheat Penny remains in high demand and retains a decent bit of value. However, the really valuable 1958 wheat penny is the 1958 Double Die Obverse, this penny has an auction record of $336,000!
$1 Million US 1958 Lincoln Penny Sold In 2023 - United States One Cent Coins
How to tell if a wheat penny is worth money?
Each Lincoln Wheat Cent's value is determined by several factors, including year of issue, mintmark, strike quality, and overall condition. Coins minted at the Philadelphia, Denver, and San Francisco Mints each have unique characteristics.
What errors increase 1958 penny value?
Essential Factors Driving the Value of the 1958 Wheat Penny
Presence of rare minting errors: Errors such as the Double Die Obverse or off-center strikes significantly enhance collectible value.
What year D pennies are valuable?
The 1909-S VDB, 1914-D, and 1922 no-D are among the rarest and most sought-after wheat pennies due to their low mintage and survivorship.
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 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.
Should I clean my 1960 D penny?
Coin cleaning is not advised as it can decrease the value of the coin , as it removes the coins patina , the surface of the coin which is sought out by collectors , particularly with ancient coins, as it shows the coins age and history.
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.
How much does a 1958 D wheat penny weigh?
This 1958-D Lincoln Wheat Penny is a rare coin to add to your collection. With a weight of 3.07g, this copper penny has a unique feature of the letter L on the rim.
What are the key dates for Lincoln pennies?
Key-Date issues of the Lincoln cent series include the 1909-S V.D.B., the 1909-S, the 1914-D and the 1931-S. Semi-Key Dates, in great demand but not among the scarcest issues, include the "S" mint mark Lincolns of 1910-1915 as well as the 1924-D and 1926-S cents.
Is it worth getting a 1958 D penny graded?
Single circulated coins are worth less than a dollar each, while certified examples in Mint State Red can sell for $20 or up in Gem grades with full red color. Recent eBay sales of bank-wrapped rolls indicate that collectors are willing to pay between $20 and $30 per 50-coin roll.
Why is a 1958 penny rare?
A 1958 penny is always in demand; it holds the title as the "final year" of the wheat design. In all, 1,053,478,300 were struck of the two varieties combined.
What is the million dollar penny in 1958?
The Famous Million Dollar 1958 Lincoln Cent Doubled Die
Among Lincoln Cents produced at the Philadelphia Mint in 1958 is one of the series' most notable doubled die obverse varieties. Its doubling is obvious on all of the obverse text, though weakest on the date.
How much is a 1958 penny worth?
The 1958 Wheat Penny value ranges from around two thousand dollars to nine thousand dollars for the highest grades of the coin. The Wheat Penny can be found in colors ranging from brown to brown and red to a full red version.
How can I identify a rare wheat penny?
Here's what to look for:
- Examine the Date and Mintmark: Key dates like the 1909-S VDB or 1943 Copper Wheat Penny are known for their rarity. ...
- Search for Errors and Varieties: Minting errors, like doubled dies, off-center strikes, or repunched mintmarks (RPMs), can add significant value.
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.
How to tell if a penny is worth more money?
How to tell if an old penny is worth money
- Check the Year: The minting year can tell much about a penny's value. ...
- Inspect for Errors: Errors, like double dies or wrong metal use, can significantly increase a penny's value. ...
- Look at the Mint Mark: The Mint Mark shows where a coin was minted.