What is 1959 wheat penny worth?

Total Produced: 1,279,760,000 [?] Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 1 cent, while one in certified mint state (MS+) condition could bring as much as $60 at auction.

How rare is a 1959-D penny?

The 1959-D Lincoln cents become rare in the highest grades, as shown at a February 2016 auction by GreatCollections when the online auctioneer sold a 1959-D Lincoln cent graded PCGS MS-67+ red for $3,432.

What is a 1959-D mule penny?

In 1959, the U.S. Mint changed the reverse design of the Lincoln cent from a wheat reverse to a new memorial reverse. This type of coin is referred to as a “Mule,” since all 1959 cents should have a memorial reverse design. Baller claims he purchased the coin for $1,500.

Is 1959 a wheat penny?

In 1959, the U.S. Mint changed the reverse design of the Lincoln cent from a wheat reverse to a new memorial reverse. This type of coin is referred to as a “Mule,” since all 1959 cents should have a memorial reverse design.

Is a 1959 penny supposed to be a wheat penny?

What is the error on a 1959-D penny?

In the case of the 1959-D Lincoln Mule Memorial Penny, the coin bears the 1959 date, but the reverse has the original Wheat Ear reverse. This error suggests that the coin was struck with a die that had the 1959 date, but a reverse that wasn’t updated.

How much is a Lincoln wheat penny worth?

Unfortunately, the vast majority of Lincoln Wheat pennies found in circulation, inherited folder collections, or in jars of old coins are worth less than 10 cents apiece.

How much is a 1957 D wheat penny worth?

Value of a 1957-D Wheat Penny. A collector of limited means can reasonably obtain uncirculated examples with full mint-red color all the way up through MS-66 Red. An average uncirculated specimen (MS-63) will cost about seventy-five cents.

What was the date on the 1959 Lincoln cent?

In 1987, Baller sent the coin to the United States Department of Treasury, and agent Richard M. McDrew responded with a letter (along with his coin) that stated, “Enclosed is your United States 1C coin, dated 1959-D, with a wheat reverse.

When was the first wheat penny minted?

beta login | join beta. The wheat penny is a classic iconic early 21st century American coin with a face value of 1 cent that was minted from 1909 to 1956. On a personal note we just love searching penny rolls for wheat and indian head pennies.

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