7 Rare Wheat pennies were made from 1909 to 1958 and in addition to the interesting historical value they are worth a few bucks. Such coins are valuable to collectors or those people that have interest in coins and some of these coins have been auctioned at more that hundred thousand dollars.
Seven wheat pennies that might turn your life around if you happen to possess them or stumble upon one in your pocket change coin.
1909-S VDB Wheat Penny
The 1909-S VDB Wheat Penny is perhaps the most famous and valuable coin in the history of the USA. Silver metallic colouring and possessing limited features and having a simple design with initials “V.D.B” rages pon the currency.
1914-D Wheat Penny
1914-D is known to be another key date in the series. This particular coin is rare, and depending on many, many factors, these coins are more valuable if they are in excellent condition and circulated for a limited number of times only.
1922 No D Wheat Penny
When minting the coins, a few of the 1922 pennies did not include the “D” mint mark letters to show that the money was minted at Denver. This makes them very hard to come by and if they are it’s always best if they are in mint condition.
1931-S Wheat Penny
1931-S Wheat Penny is scarce and very few of them were minted. This is an important coin for difficult series, and those in circulated state could have value far beyond their face value and should be sold at auction.
1943 Copper Wheat Penny
Until the second World War, pennies were mainly produced from steel because of scarcity of copper. But a few copper pennies were struck inadvertently and today they are worth tens of thousands of dollars.
1955 Doubled Die Wheat Penny
This is a penny most people know because it comes with replicated text around its edges. Any such mistake makes the coin very rare, if not unique, particularly when it’s in mint condition.
1944 Steel Wheat Penny
The 1944 steel penny is one of those rarity coins similar to the 1943 copper penny that is a rare error coin. Ironically it is indicated that surplus of steel blanks of 1943 were being used in 1944. To suppose that one could come across such a business and make fat lava for oneself.
| Coin | Year | Error/Reason for Rarity | Approximate Value |
|---|---|---|---|
| 1909-S VDB | 1909 | Low Mintage/Initials Controversy | Over $100,000 |
| 1914-D | 1914 | Low Mintage | $100,000+ |
| 1922 No D | 1922 | Mint Mark Error | $100,000+ |
| 1931-S | 1931 | Low Mintage | $125,000+ |
| 1943 Copper | 1943 | Error Coin | $250,000+ |
| 1955 Doubled Die | 1955 | Doubling Error | $150,000+ |
| 1944 Steel | 1944 | Error Coin | $100,000+ |
It also means that you could be handling a coin that could bring you a life changing amount if any of these wheat pennies finds its way into your possession. These coins are known to be as historical in nature and highly valuable, thus an interesting collection among numismatics.
FAQs
Q. Why are wheat pennies worth something?
A. The n value of wheat pennies springs from their age, rarity, and if they contain minting mistakes. If minted in small quantities or have historical value they are generally sold at high prices.
Q. Do you want to know more about it and find out if your penny is worth something or not?
A. By these aspects, an asset is considered valuable and by the same token, its worth is proportional to its status as a coin or note and its age and scarcity. As this article shows, simple date or mistake can make a penny much more valuable than a cent.
Q. Where is the best place to establish the sale of my wheat penny?
A. Merchantable wheat pennies can be sold at reputable coin dealers, through internet marketplaces such as eBay or through coin and rare coin auctions.
Q. What method could help to keep my rare wheat pennies?
A. Rare coins should be stored at a dry room with a steady temperature to prevent tarnishing and the shelving of the coins should be in holders or cases.