24 Wheat Pennies That Could Be Worth Thousands

24 Wheat Pennies That Could Be Worth Thousands – The humble wheat penny, minted from 1909 to 1958, is one of the most iconic coins in American numismatics. Featuring a portrait of Abraham Lincoln on the obverse and two stalks of wheat framing “ONE CENT” on the reverse, these coins are cherished for their historical significance and classic design.

While many wheat pennies are worth only their face value—or slightly more due to their copper content—certain rare varieties, minting errors, and high-grade specimens can command thousands of dollars. In this article, we’ll explore 24 wheat pennies that could be hiding in your pocket change or collection, waiting to make you rich.

Why Are Some Wheat Pennies So Valuable?

Before diving into specific examples, let’s examine what makes certain wheat pennies stand out:

• Rarity: Low mintage numbers, unique varieties, or production anomalies can make a coin scarce.
• Condition: Coins in pristine, uncirculated condition are exponentially more valuable than worn ones.
• Errors: Minting mistakes like off-center strikes, doubled dies, or wrong planchets add rarity and intrigue.
• Historical Significance: Certain pennies commemorate important events, transitions, or milestones in U.S. history.
• Material Value: Pre-1982 pennies were made primarily of copper, which is now worth far more than the coin’s face value.

Now, let’s delve into 24 wheat pennies that could turn your collection into a treasure trove.

1. 1943 Bronze Lincoln Cent

One of the most famous rarities in American numismatics, the 1943 Bronze Lincoln Cent was accidentally struck on a copper planchet instead of the wartime steel used during World War II. These coins are exceedingly rare because they were never meant to exist.

In 2022, a 1943 Bronze Lincoln Cent graded MS-63 sold for $282,000, making it one of the most valuable pennies ever. If you find a 1943 penny that isn’t magnetic, it might just be worth a fortune!

2. 1909-S VDB Lincoln Cent

The 1909-S VDB Lincoln Cent marks the first year of the Lincoln cent series and features Victor David Brenner’s initials prominently on the reverse. With only 484,000 minted, it’s one of the lowest-mintage pennies in U.S. history.

A gem-quality example graded MS-65 sold for $12,000 in 2021. Its historical importance and scarcity ensure its status as a collector favorite.

3. 1955 Doubled Die Obverse Lincoln Cent

The 1955 Doubled Die Obverse Lincoln Cent is arguably the most iconic error coin in U.S. history. Dramatic doubling is visible on the obverse side, particularly in the date and “LIBERTY.”

An MS-65 example fetched $17,000 at auction in 2022. Its unmistakable flaw makes it a must-have for any serious collector.

4. 1914-D Lincoln Cent

The 1914-D Lincoln Cent had a relatively low mintage of 1.1 million pieces, making it one of the scarcest regular-issue Lincoln cents. Many were heavily circulated, leaving few in top condition.

A gem-quality specimen graded MS-66 sold for $14,000 in 2023. Its rarity and superior preservation contribute to its lofty price tag.

5. 1922 No-D Lincoln Cent

The 1922 No-D Lincoln Cent is a unique error where the “D” mint mark is entirely missing. This happened because all 1922 Lincoln cents were supposed to be struck at the Denver Mint, but some dies wore down so much that the mint mark disappeared.

A well-preserved example graded MS-63 sold for $10,000 in 2021. Its unusual origin story adds to its allure.

6. 1931-S Lincoln Cent

With a mintage of just 866,000 coins, the 1931-S Lincoln Cent is another low-mintage issue. Many were melted down during the Great Depression, further reducing surviving examples.

An MS-65 example brought $9,000 at auction. Its scarcity and excellent condition make it highly desirable.

7. 1969-S Doubled Die Obverse Lincoln Cent

Like its 1955 counterpart, the 1969-S Doubled Die Obverse Lincoln Cent exhibits dramatic doubling on the obverse design. This variety is significantly rarer due to its San Francisco provenance.

A high-grade specimen graded MS-64 sold for $8,000 in 2022. Its striking appearance ensures its popularity among collectors.

8. 1944 Steel Lincoln Cent

During World War II, pennies were typically made of zinc-coated steel instead of copper. However, a handful of 1944 pennies were mistakenly struck on leftover steel planchets from 1943.

One such example sold for $7,500 in 2020. Its unexpected composition makes it a modern rarity.

Also read – 21 Liberty Head V Nickels Every Collector Dreams Of

9. 1943-S Steel Lincoln Cent Struck on Copper Planchet

Similar to the 1943 Bronze Lincoln Cent, the 1943-S Steel Lincoln Cent Struck on Copper Planchet is another wartime anomaly. These coins were unintentionally created when copper blanks were mixed in with steel planchets.

An AU-55 example fetched $15,000 in 2023. Its dual-material intrigue captivates collectors.

10. 1972 Doubled Die Obverse Lincoln Cent

The 1972 Doubled Die Obverse Lincoln Cent features pronounced doubling on the obverse side, especially noticeable in “LIBERTY” and “IN GOD WE TRUST.”

A gem-quality specimen graded MS-65 sold for $6,000 in 2021. Its visual impact ensures its place in collections.

11. 1909-S Plain (No VDB) Lincoln Cent

After public backlash over the prominence of Brenner’s initials, the U.S. Mint removed them mid-year in 1909. The 1909-S Plain Lincoln Cent is the second-lowest mintage issue of the series, with only 1.8 million struck.

An MS-64 example brought $8,500 at auction. Its transitional nature adds to its value.

12. 1911-S Lincoln Cent

The 1911-S Lincoln Cent had a modest mintage of 4.02 million coins, but finding one in pristine condition is extremely difficult.

A gem-quality specimen graded MS-66 sold for $5,000 in 2023. Its scarcity in high grades amplifies its worth.

13. 1913-S Lincoln Cent

The 1913-S Lincoln Cent is another key date, with a mintage of just over 1.5 million coins. High-grade examples are particularly rare.

An MS-65 example fetched $6,000 in 2022. Its combination of rarity and condition ensures its desirability.

14. 1909 VDB Matte Proof Lincoln Cent

Matte proofs from 1909 are exceptionally rare and highly prized. The 1909 VDB Matte Proof Lincoln Cent features a frosted finish against a matte field.

One sold for $30,000 in 2023. Its experimental finish and historical significance make it invaluable.

Also read – 20 US Pennies Worth a Fortune — Check Your Jar Today!

15. 1944-D D Over S Lincoln Cent

The 1944-D D Over S Lincoln Cent is a fascinating overmintmark variety where traces of an “S” are visible beneath the “D.” This error occurred when dies were reused incorrectly.

A high-grade specimen graded MS-64 sold for $4,000 in 2021. Its intriguing backstory captivates collectors.

16. 1945-S Repunched Mint Mark Lincoln Cent

Repunched mint marks occur when the mint mark is stamped multiple times, leaving overlapping impressions. The 1945-S Repunched Mint Mark Lincoln Cent is notable for its clear repunching of the “S.”

An MS-65 example fetched $3,500 in 2021. Its intricate detail fascinates enthusiasts.

17. 1926-S Lincoln Cent

The 1926-S Lincoln Cent had a mintage of just over 9 million coins, making it one of the scarcer issues in the series. High-grade examples are particularly scarce.

A specimen graded MS-66 sold for $4,500 in 2023. Its rarity and condition contribute to its value.

18. 1933 Doubled Die Reverse Lincoln Cent

The 1933 Doubled Die Reverse Lincoln Cent features subtle doubling on the reverse side, particularly noticeable in the wheat ears.

An MS-65 example brought $3,000 at auction. Its precision doubling enhances its appeal.

19. 1918/1917 Overdate Lincoln Cent

The 1918/1917 Overdate Lincoln Cent is a fascinating variety where traces of the previous year’s date remain visible beneath the current year. This error occurred when dies were reused incorrectly.

A high-grade specimen graded MS-64 sold for $3,200 in 2021. Its intriguing backstory captivates collectors.

20. 1950-D Weak Strike Lincoln Cent

Weak strike errors occur when insufficient pressure is applied during minting, resulting in faint details. The 1950-D Weak Strike Lincoln Cent is particularly rare and sought after.

An AU-58 example fetched $2,500 in 2022. Its unique appearance draws attention.

21. 1947 Off-Center Strike Lincoln Cent

Off-center strikes happen when the planchet isn’t properly aligned under the dies. The 1947 Off-Center Strike Lincoln Cent displays part of the design missing, creating a visually arresting effect.

An AU-58 example brought $2,000 in 2021. Its unique appearance captivates collectors.

22. 1939 Doubled Die Obverse Lincoln Cent

The 1939 Doubled Die Obverse Lincoln Cent features dramatic doubling on the obverse side, particularly visible in the date and “LIBERTY.”

An MS-65 example fetched $2,800 in 2022. Its eye-catching error makes it a standout piece in any collection.

Also read – 20 Susan B. Anthony Dollars That Are Shockingly Valuable

23. 1941 Clipped Planchet Error Lincoln Cent

Clipped planchet errors occur when part of the blank is missing before striking. The 1941 Clipped Planchet Error Lincoln Cent shows a curved “clip” missing from the edge.

A specimen graded MS-64 sold for $1,800 in 2023. Its unusual shape adds intrigue.

24. 1958 Broadstrike Error Lincoln Cent

Broadstrike errors happen when the coin is struck outside the collar, causing an oversized appearance without a defined rim. The 1958 Broadstrike Error Lincoln Cent is a stunning example.

One graded MS-63 sold for $1,200 in 2021. Its exaggerated proportions catch the eye.

Could You Have a Fortune in Your Pocket?

While finding one of these rare wheat pennies in everyday circulation is unlikely, it’s not impossible. Savvy collectors regularly search through rolls of coins, estate sales, and online marketplaces for hidden gems. If you discover a penny with unusual markings, misalignments, or other peculiarities, consider having it appraised—it might just be worth a fortune!

Conclusion

Wheat pennies may seem insignificant at first glance, but their potential to harbor rare and valuable errors transforms them into numismatic treasures. From the legendary 1943 Bronze Lincoln Cent to the subtle charm of the 1909-S VDB Lincoln Cent, each coin tells a unique story. Whether you’re a seasoned collector or simply curious about your spare change, exploring these 24 wheat pennies could lead to an unexpected windfall—and a deeper appreciation for the artistry and history embedded in our currency.

So grab that jar of pennies, dust off your magnifying glass, and start hunting—you never know what treasures await!