1920 Wheat Penny Value Guide

The 1920 Wheat Penny is a staple of early 20th-century American numismatics, featuring Victor David Brenner's iconic portrait of Abraham Lincoln. As a bronze cent from the post-WWI era, it represents a period of high production and enduring design that remains a favorite for entry-level and seasoned collectors alike.

What affects the value of 1920 Wheat Penny?

• The presence of a mint mark (D for Denver or S for San Francisco) can increase rarity compared to the Philadelphia strike.
• Overall coin grade, ranging from Good to Uncirculated, significantly impacts the $1 to $5 price range.
• The amount of original red luster remaining on the bronze surface versus a dull brown oxidation.
• The clarity of the wheat lines on the reverse, which are often the first details to wear down.

How to Identify 1920 Wheat Penny?

• Check the reverse for the two distinct stalks of wheat flanking the words ONE CENT and UNITED STATES OF AMERICA.
• Verify the date 1920 on the obverse, located to the right of Lincoln's bust.
• Look for the S or D mint mark below the date, or the absence of one for the Philadelphia mint.
• Confirm the material is bronze, which should show a natural brown or reddish-brown patina depending on wear.

History of 1920 Wheat Penny

The Lincoln Wheat Penny, designed by Victor David Brenner, was first issued in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. The reverse side features two stalks of wheat, which gives the coin its popular name. This design was minted from 1909 to 1958, with various mint marks indicating where they were produced. Coins from specific years and mints, especially those with lower mintage numbers or errors, are highly sought after by collectors.