The Easiest Way to Collect Wheat Pennies

The Lincoln Wheat Cents, or known otherwise as the Wheat pennies, are one of the most popular collectables within numismatics. There is Abraham Lincoln on one side, and on the other side, there are two stalks of wheat. These coins were from 1909 to 1958. The coin design separates it from the rest.

Though to a naked eye, they might appear pretty run-of-the-mill, some of the rare prints of Wheat Pennies may have some impressive prices when sold. And if you are looking for an easy and simple way to start your Wheat Penny collection, here’s your walkthrough of them.

What makes Wheat Pennies special among other pennies?

Being a commodity produced during vital periods in the United States history, including both World Wars and the Great Depression, wheat pennies offer a window to the nation’s past.

Not only have historical values of these coins, the fact that they can be bought at an affordable price, but the thrill of searching for rare variations and mint errors make most collectors begin with these coins.



Start with your loose change.



When you start collecting Wheat Pennies, one of the first places to check is your loose change. Though it’s been more than sixty years since the last Wheat Penny was minted, they are still reasonably common in circulation today.



Especially in your rummaging through jars, drawers or rolls of coins from a bank, do keep an eye out for those wheat stalks on the reverse side of the penny.

Other than those above mentioned, coin dealers, and online auctions:

For rarer ones, collectible coin dealers and online marketplaces such as eBay can be used as resources for finding specific Wheat Pennies. Though the rare edition pennies are sold in individual pieces, the common pennies are bought in big lots.



You could often buy your finest pennies, like the 1909-S VDB and the 1943 Copper Wheat Penny, from dealers or through auctions. There are more examples with the 1909-S VDB.



Coin Folders and Its Uses

It is recommended that you use coin folders or penny boards, both of which were set up as far back as the 1930s, to organize your collection. The folders alone can make collecting more fun, but they also help protect your coins from all sorts of damage.

The fact that they are separated according to the year and the mint mark makes it simple to keep track of which coins you currently possess and which ones you still require.

Investigating the Coin Rolls


As a supplement, another free or low-cost method for building your collection is coin roll hunting. The most optimal approach to collecting wheat pennies is the first, to get rolls of the pennies from your local bank and then to search for them.
 
 
This is a labor-intensive but also inexpensive means through which a possible common coin as well as a less likely uncommon one can be found.



Attend Coin Shows and Expos in Person



Networking with other collectors and sellers who specialize in rare Wheat Pennies is an excellent way to find them. Coin exhibitions and expos are great places to visit for this purpose. Customers often have the opportunity to haggle, and they can preview a diverse array of coins from low-grade pennies to high-grade rarities.

FAQs

What are Wheat Pennies, and why are they popular among collectors?

Wheat Pennies, also known as Lincoln Wheat Cents, were minted between 1909 and 1958. They feature Abraham Lincoln on one side and two wheat stalks on the reverse. Collectors appreciate them for their historical significance, affordability, and the thrill of searching for rare varieties and mint errors.

How can I start collecting Wheat Pennies?

The easiest way to start is by checking your spare change for pennies with wheat stalks on the back. You can also purchase rolls of pennies from your local bank or buy from coin dealers and online auction sites. Organizing your collection with coin folders can also help.

What are some valuable Wheat Pennies to look for?

Some of the most sought-after Wheat Pennies include the 1909-S VDB, the 1943 Copper Wheat Penny, the 1955 Double Die, and the 1914-D. These coins can be worth hundreds to thousands of dollars depending on their condition and rarity.

Where can I find Wheat Pennies besides my change?

In addition to checking your spare change, you can find Wheat Pennies at coin shows, through online auctions like eBay, and from coin dealers. Many collectors also engage in coin roll hunting by purchasing rolls from banks.

How can I ensure the coins I collect are in good condition?

To maintain the quality of your Wheat Pennies, store them in a cool, dry place and use protective holders or coin folders. Avoid handling them with bare hands, as oils from your skin can damage the coins over time. If you’re unsure about a coin’s condition, consider consulting a professional grader.

Read also: The 1913 Liberty Head Nickel: A Rare Treasure in Coin Collecting

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