Why is the 1958 penny worth money?

Even though the 1958 Wheat Penny was the last cent produced featuring the wheat stalk reverse, the large amount minted has made it only worth face value in any grade under Extra Fine condition. Extra Fine 1958 Wheat Pennies are only worth $. 12 and are not in high demand by collectors.

How much is a 1967 no mark penny worth?

The 1967 penny with no mint mark is worth around $0.20 in uncirculated condition with an MS-63RB grade. The value is around $0.50 in uncirculated condition with a grade of MS-65RD.

Is a 1960 penny valuable?

The 1960 penny with no mint mark and the small date is worth around $3 in uncirculated condition with an MS-63RB grade. The value is around $7 in uncirculated condition with a grade of MS-65RD. The 1960 D penny with the small date is worth around $0.20 in uncirculated condition with an MS-63RB grade.

The 1958 Doubled Die Obverse is the rarest and most valuable DDO error of all of the Lincoln Wheat Cent (Penny) series. There are only a handful known to exist and the coins are best identified by the very clear doubling of the legend “IN GOD WE TRUST” and the doubling of the word “LIBERTY” on the front of the coin.

What was the price of a 1958 Lincoln penny?

In addition to the Philadelphia Mint and Denver Mint strikes, don’t forget the 1958 proof Lincoln Penny; 875,652 were minted and sell for around $3 to $5. Another interesting variety to note for 1958 is the doubled die obverse Lincoln Penny.

How much is a 1958 double die wheat penny worth?

The Rare 1958 Doubled Die Lincoln Wheat Penny. Due to its rarity and severity of the error, the 1958 DDO Wheat Penny has been sold for incredible amounts. Several years ago, an MS-64 example was sold for $100,000! The current estimated price of the MS-65 examples is an astonishing $200,000.

What kind of condition does a 1958 Penny have?

A 1958-D penny in mint state condition – no wear to the surface – is sought by collectors. These high condition coins are affordable and popular with both advanced and beginning collections. Circulated coins retaining strong detail on the reverse wheat stalks are in demand when assembling a circulated set.

What was the content of the Lincoln penny in 1959?

From 1959 until 1982 pennies were composed of 95 percent copper and 5 percent tin and zinc with a diameter of 19 mm and a weight of 3.11 grams. In 1982 the price of copper dictated a change in the composition of the Lincoln penny.

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