Wheat pennies, minted between 1909 and 1958, have become increasingly popular among coin collectors for their historical value and unique variations. While some are common, a select few wheat pennies are incredibly rare and worth a fortune.
If you’ve got a stash of old coins, take a closer look—you might observe a hidden gem! Here’s a guide to some of the most valuable wheat pennies that collectors covet.
1909-S VDB
The 1909-S VDB wheat penny is the Holy Grail for collectors. As the first Lincoln penny, it boasts the initials “VDB” of designer Victor David Brenner on the reverse. Only 484,000 of these coins were minted, making it exceptionally rare.
A 1909-S VDB penny in good condition can fetch between $700 and $1,000 or more, depending on its quality. It’s a piece of history that commands high prices due to its limited production and iconic design.
1914-D
The 1914-D penny, minted in Denver, is another prized piece among wheat penny enthusiasts. With only about 1.2 million produced, it’s significantly rarer than most other coins in the series.
Collectors are willing to pay $200 to $1,500 or more for this penny, depending on its condition. It’s a key coin for completing any wheat penny collection.
1922 No D
This penny is famous for a minting error. In 1922, all pennies were produced at the Denver Mint, but some were released without the “D” mint mark. This production flaw has made the 1922 No D penny one of the rarest and most sought-after coins in the series.
Its value ranges from $700 to $2,500 or more, depending on its condition, making it a treasure for collectors who love rare minting mistakes.
1931-S
With just over 866,000 minted, the 1931-S wheat penny is a rarity from the Great Depression era. Collectors appreciate its scarcity and historical context, which combine to make it a valuable piece.
Even in average condition, this penny is worth $100 to $200 or more, making it a standout among 1930s coins.
1943 Copper
The 1943 copper wheat penny is a true anomaly. During World War II, the U.S. Mint switched to steel pennies to conserve copper for the war effort. However, a few copper pennies were accidentally minted.
These ultra-rare coins are worth a staggering $60,000 to $85,000 or more, making them one of the most valuable pennies in existence.
1944 Steel
The 1944 steel wheat penny flips the script of the previous year’s error. In 1944, pennies were supposed to return to copper, but a handful were minted in steel.
With fewer than 40 known examples, the 1944 steel penny is worth $50,000 to $100,000 or more. Its unique composition and rarity make it a star in numismatics.
1955 Doubled Die
This coin features a noticeable error where the text appears doubled, particularly on the date and the word “LIBERTY.” The 1955 doubled die penny is a collector favorite due to this striking flaw.
Prices for this penny range from $1,000 to $2,500 or more, depending on its condition. The dramatic doubling effect makes it a memorable and valuable coin.
1926-S
While not as famous, the 1926-S penny is rare, with only 4.5 million minted. Collectors prize it for its limited availability and higher value in good condition.
This coin is worth $30 to $200 or more, depending on its quality, making it a solid addition to any collection.
1910-S
The 1910-S wheat penny, minted in San Francisco, may not be the rarest, but its low mintage and historical significance give it enduring value.
Collectors can expect to pay $20 to $150 or more for this coin, depending on its condition. It’s a classic piece that continues to gain appreciation over time.
Coin Name | Year | Mint Mark | Estimated Value (Good Condition) | Rarity Level |
---|---|---|---|---|
1909-S VDB | 1909 | S | $700-$1,000+ | Very Rare |
1914-D | 1914 | D | $200-$1,500+ | Highly Sought |
1922 No D | 1922 | None | $700-$2,500+ | Extremely Rare |
1931-S | 1931 | S | $100-$200+ | Rare |
1943 Copper | 1943 | None | $60,000-$85,000+ | Ultra Rare |
1944 Steel | 1944 | None | $50,000-$100,000+ | Ultra Rare |
1955 Doubled Die | 1955 | None | $1,000-$2,500+ | Very Rare |
1926-S | 1926 | S | $30-$200+ | Rare |
1910-S | 1910 | S | $20-$150+ | Rare |
These rare wheat pennies are more than just pocket change—they’re valuable relics of history. If you come across any of these coins, hold on to them. You could be sitting on a small fortune!
FAQs
What is the rarest wheat penny?
The 1943 copper penny is considered the rarest.
How much is the 1909-S VDB penny worth?
It can be worth $700-$1,000 or more in good condition.
Why is the 1922 No D penny valuable?
It has a unique minting error with no mint mark.
What makes the 1955 doubled die penny special?
It features a clear doubling error on the text.
Are wheat pennies worth collecting?
Yes, many have historical and monetary value.