How Do You Tell The Value Of A Wheat Penny?
Wheat pennies, also known as the Lincoln Wheat Cent, are one cent coins that circulated in the United States between 1909 and 1958. While most of the more valuable Wheat pennies are held in private collections, there are still a few that circulate from time to time, so when you find one you might be curious about its value. Determining the value of a Wheat penny is relatively easy. Step 1 Inspect the penny for signs of wear. Constant circulation wears on coins, occasionally rubbing them down so many of their unique features become indistinguishable. A well-worn Wheat penny will diminish in value severely, so if you happen upon a rare, unworn Wheat penny, put it in a safe place to keep it from becoming defaced. Step 2 Learn about Wheat pennies and the special issues that were made over the years. For example, in 1909, the SVDB Wheat penny, which is currently worth about $525 if in extremely fine condition, contained the designer’s initials, increasing the value. Step 3 Look for mintmark