The finest location to start collecting would be with pennies, we will focus to the Lincoln Cent for the years 1909 via 1958, which are the Wheat Cents. You can find still a number of “wheat cents” showing up in circulation, so it’s possible to start off a coin collection with out spending a wonderful deal of funds.

Although you might be searching your pocket alter for “wheat cents”, be positive to check for silver coinage and of course verify those quarters. Then new 50 State Commemorative Quarters are a very great place to commence since you’ll be able to uncover five new states every 12 months plus the distinct mint marks.

Acquiring again to pennies, which is where we want to begin our new collection. The very first Lincoln Cent was minted in 1909 and was produced of copper. The mint continued to make pennies from copper until finally 1943, when for this year only, they were manufactured of metal and zinc plated to prevent them from rusting. These cash appear to be silver or gray in color due to the plating. The pennies happen to be manufactured of steel due to a copper shortage brought on by the war, but they resumed utilizing copper in 1944. Between 1909 and 1958 the penny featured Lincoln to the obverse (front with the coin) and the words “ONE CENT” over “United States of America” framed by bundles of wheat on every side from the words, there by receiving the descriptive name of “Wheat Cents”. This is how the penny is called for the many years 1909-1958. Other than a minor transform within the composition with the metal which was 95% copper, 5% tin and zinc right up until 1943 when they were zinc plated metal, and then 1944 until eventually 1958 when they ended up 95% copper, 5% zinc and no tin.

The Penny remained the identical for 50 many years. It was designed by Victor David Brenner, whose initials appeared about the reverse, of some, of your coins minted that 1st year. There are two varieties with the 1909, some have the VDB about the reverse, (back of coin) in the bottom in the coin in the 6 o’clock position, and others do not. The pennies had been minted at Philadelphia, Pa. and San Francisco, Ca. The pennies from San Francisco have a tiny “s” beneath the date whilst the Philadelphia coins have no mintmark. The cash to watch for are the ones with mintmarks; this applies to all coins not just pennies. The worth of cash is significantly based on rarity and along with the Philadelphia mint becoming the largest of the mints; it was natural for them to produce the greatest number of cash. There’s also a mint in Denver, Co. and a mint, which had been closed by this time in Carson City. The Denver mint put a tiny “d” under the date and on older coinage of other kinds you will come across the letters “CC” for Carson City.

Mint Marks are Vital, discover to watch for them.

Back again to pennies, in 1909 when the first Lincoln (wheat cent) penny was created, they minted 72,702,618 in Philadelphia without the designers, Victor David Brenner, initials. They produced 27,995,000 with all the VDB to the reverse with the penny. This identical yr, 1909, San Francisco minted 1,825,000 with out the designer’s initials and 484,000 together with the initials VDB about the reverse on the bottom with the coin. So now for that economics lesson of supply and demand and how it affects price. In case you had a 1909-penny in “good” problem it could be really worth about 75 cents, in “mint” ailment it could be valued at about .00. If you had a 1909 with VDB on the reverse in “good” issue, it might be price about .80, in “mint” issue ( I can’t explain this ) the worth is about .00 ( the only apparent reason for your penny along with the lower mintage becoming well worth less in mint problem then the plain 1909 in mint problem, could well be that in numismatic records kept by the grading services, there are most likely extra 1909 VDB’s on record than plain 1909′s) In the event you had a 1909s in “good” issue it’s well worth .00, in “mint” ailment about 0.00. Now in case you have been lucky enough to uncover a 1909s with all the initials VDB around the reverse in “good” ailment it is value 0.00 and in “mint” situation it really is well worth 0.00 or far more. Not bad for a penny.

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