How Do You Find The Value Of Wheat Pennies?
The U.S. Treasury made the wheat penny as a tribute to President Abraham Lincoln. The first wheat penny debuted in 1909, exactly 100 years after Lincoln’s birth. The last wheat penny appeared in 1958. After 1958, the Lincoln Memorial design replaced the wheat design. Although most wheat pennies are worth no more than a few cents, some are worth up to $250,000. If you have a wheat penny, there are many resources available to help you determine its value. Step 1 Examine the condition of the penny. Pennies in mint condition are worth much more than pennies that look old or worn. If your coin already looks old, consider restoring it. Although coin restoration will not restore the shine and luster of a newly-minted penny, it can remove any stains or rust, thereby increasing the penny’s value. Step 2 Find the year of the penny. Most wheat pennies are worth no more than five cents, but pennies from certain years are worth much more. Mint condition pennies from 1909, 1914, 1931, 1941, 1946, 19
