Must Have Years Of The Wheat Penny

Coin collectors will often stress that anyone who has the hobby of collecting coins should have the “Wheat Penny” in his collection. Wheatback, Wheatie, Strawpeny and Wheat Head are some of the names given to these coins. The US Mint had produced this one-cent coin from 1909 till 1958.

The Beginning Victor David Brenner, a well-known sculptor of New York, crafted the design of these coins, who inserted his initials of V.D.B. into the coin. These initials appeared on the first coins until it came to an end almost as soon as the public outcry began. There were approximately 484,000 such coins minted, that is the main rationale behind these coins fetching more than $100′s of dollars. If you are lucky enough to posses even one of such minted coin it could worth nearly $12,000. These 1909 San Francisco minted coins are the prestigious wheat pennies to posses in one’s collection.

1909-S VDB wheat penny and the 1914-D wheat penny will bring about $5,000. Both these coins had a mistake in them and that is the main reason why they enjoy such a high value. In recent times such wheat coins are found in the private gallery of individuals or coin dealers.

Regular Circulation Occasionally, even today, a wheat coin will show up in regular circulation. These are usually not the most valuable or the rarest wheat coins, some years will still bring a good price though. The 1922 wheat penny without a mintmark is an example. Because the die that was used was so weak, some pennies had a D stamp while others lacked it.

One of the most exceptional coins are the 1943 wheat pennies, which were crafted from bronze or zinc coated steel. These coins were manufactured at the time of World War II due to the rationing of copper during the war. The 1943 steel penny is considered to be a necessity for any assortment amongst the penny collectors. In 1944 the composition was changed back to copper, tin and zinc by the mint.

1955 Double Die 1955 double dye wheat penny coins are the most appealing. These coins have a perfect dual image of Lincoln engraved on them. Since it was not expected to be made in such a manner, it was deemed an error coin. The absence of this coin is regarded as a deficiency among the wheat penny collectors.

From a year regarded as a “key date” or “semi-key date”, wheat pennies, in any other year are valued at three times their value. In order to get an exact idea of the worth of a wheat penny one can have a glance at various online websites. Depending on the person, who is evaluating a wheat penny, value of a penny will vary. The prices offered by a retailer will be on a lower side than that of the person who is the collector of such coins. Even the local library will be of great use, it will not only provide you a complete history on these mesmerizing pennies but will also gives you some guidance about their valuation.

WheatCoins.com provides plenty of information and a huge selection of wheat pennies including 1909 penny. Visit the Uber Article Directory to get a totally unique version of this article for reprint.