Lincoln Wheat Pennies Worth: The Lincoln Wheat Penny worth big money might be hiding in your pocket change right now! These copper coins, minted between 1909 and 1958, have become some of the most sought-after collectibles in U.S. coin history. While most are only worth their face value, a few rare editions can fetch hundreds or even thousands of dollars at auctions.
In this article, we’ll uncover five of the most valuable Lincoln Wheat Pennies that are still occasionally found in circulation. If you’re a coin enthusiast or just someone curious about rare coins, this guide will help you identify and possibly cash in on one of these hidden treasures!
Overview of 5 Valuable Lincoln Wheat Pennies
| Coin Year & Type | Estimated Value (Worn Condition) | Estimated Value (Mint Condition) | Key Features |
| 1909-S VDB | $700 – $800 | $5,000 – $25,000 | First-year issue, designer’s initials VDB on the reverse |
| 1914-D | $200 – $275 | $9,000 – $28,000 | Low-mintage penny from Denver Mint |
| 1922 No D (Plain) | $500 – $750 | $20,000 – $35,000 | Minting error resulted in missing “D” mint mark |
| 1955 Doubled Die Obverse | $950 – $1,200 | $5,500 – $25,000 | Noticeable doubling on date and lettering |
| 1931-S | $100 – $125 | $500 – $10,000 | Low-mintage Great Depression penny |
1. 1909-S VDB – The Famous First-Year Rarity
One of the most famous Lincoln Wheat Pennies is the 1909-S VDB, the first year the coin was minted. When the U.S. Mint introduced the Lincoln cent, designer Victor David Brenner placed his initials “VDB” on the reverse. However, public backlash led to its removal after just 484,000 coins were struck at the San Francisco Mint.
Since so few were made, this penny is extremely rare. Even in poor condition, it sells for around $700, and uncirculated versions can reach over $25,000!
How to Spot It:
✔ Look for the “S” mint mark below the date (San Francisco Mint)
✔ Check for the “VDB” initials at the bottom of the reverse side
2. 1914-D – A Rare Penny with High Value
The 1914-D Wheat Penny is one of the hardest to find, even though it had a mintage of 1,193,000 coins. Unlike other rare pennies, this one was not widely saved, meaning most were heavily circulated and worn down.
If you find one in worn condition, it could still be worth around $200-$275. However, if it’s in mint condition, you might be sitting on a $28,000 jackpot!
How to Spot It:
✔ Look for the “D” mint mark below the date (Denver Mint)
✔ Make sure the date and mint mark look natural (many fakes exist!)
3. 1922 No D (Plain) – The Mint Mark Error Coin
This penny is a true error coin that happened due to worn dies at the Denver Mint. In 1922, no pennies were minted in Philadelphia, meaning that all 1922 pennies should have a “D” mint mark. However, due to excessive die polishing, some coins were struck without the “D”, making them highly collectible.
Even in circulated condition, these coins start at $500-$750, while top-condition ones sell for over $35,000!
How to Spot It:
✔ The “D” mint mark should be completely missing
✔ The reverse should have strong details (this distinguishes it from worn-down normal 1922-D pennies)
4. 1955 Doubled Die Obverse – The Most Famous Coin Error
The 1955 Doubled Die Wheat Penny is one of the most dramatic and famous error coins in U.S. history. A mistake in the die-hubbing process caused obvious doubling on the date and lettering. This doubling is so clear that you don’t need a magnifying glass to see it!
Because of its popularity, even low-grade versions sell for $950-$1,200, while higher-grade ones can reach $25,000 or more!
How to Spot It:
✔ Check for major doubling on “LIBERTY,” “IN GOD WE TRUST,” and the date
✔ The doubling should be clear and bold, not just a slight shadow
5. 1931-S – The Great Depression Low-Mintage Penny
During the Great Depression, the demand for pennies was low, leading to a mintage of just 866,000 coins at the San Francisco Mint. Because of its low production, this penny is one of the rarest in the Wheat Penny series.
However, many collectors saved this coin in mint condition, which keeps its value lower than other rare pennies. Still, it’s worth checking your pocket change because even a worn one sells for around $100-$125, while uncirculated versions reach up to $10,000!
How to Spot It:
✔ Look for the “S” mint mark below the date (San Francisco Mint)
✔ Uncirculated versions should have a bright red copper tone
FAQs About Valuable Lincoln Wheat Pennies
Are these rare Lincoln Wheat Pennies still in circulation?
Yes! While most have been collected, some still appear in circulation, especially in old coin jars, rolls, and estate sales.
How do I know if my Lincoln Wheat Penny is valuable?
Check the date and mint mark first. Then compare it with rare varieties. If it’s in good condition, it could be worth hundreds or even thousands.
Where can I sell my valuable Lincoln Wheat Penny?
You can sell them at coin shops, online marketplaces (eBay), or coin auctions. Getting a professional appraisal is also a good idea.
Should I clean my Lincoln Wheat Penny before selling it?
No! Cleaning a coin reduces its value. Always leave it in its original state.
How do I avoid buying fake rare pennies?
Use a certified grading service like PCGS or NGC to verify authenticity before purchasing or selling.
Final Thoughts
Finding a valuable Lincoln Wheat Penny worth $500 or more is still possible today! Whether it’s in your piggy bank, an old coin jar, or a roll from the bank, rare pennies can be hidden anywhere. The key is knowing what to look for!
Have you ever found a rare penny? Share your story in the comments! And if you love coin collecting, check out our other guides to uncover more hidden treasures! 💰🔎
