1927 Lincoln Wheat Cent Value Guide

1949 D Denver Lincoln Wheat Cent/Penny - Circulated - F Fine ...
1927 Lincoln Wheat Cent
Estimated Value
$2 – $2
Period
1927
Origin
United States
Materials
95% copper, 5% tin and zinc
Category
Wheat cent

The 1927 Lincoln Wheat Cent is a cornerstone of American numismatics, representing a high-production year at the Philadelphia Mint during the Roaring Twenties. As part of the first circulating U.S. series to feature a historical figure, this 95% copper coin is a must-have for collectors completing a chronological Wheat Cent set.

What Is 1927 Lincoln Wheat Cent Worth?

The typical price range for 1927 Lincoln Wheat Cent is $2 - $2 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Surface preservation and the presence of original red luster significantly impact the $1.50 to $2.00 valuation.
  • The amount of wear on the fine details of Lincoln's hair and the wheat lines on the reverse determines the grade.
  • Presence of environmental damage, such as spotting, corrosion, or heavy toning, can decrease the market value.
  • Strike quality, specifically the sharpness of the 'E PLURIBUS UNUM' text, affects desirability among high-end collectors.

How to Identify 1927 Lincoln Wheat Cent?

  • Verify the 1927 date on the obverse below the 'In God We Trust' motto and to the right of Lincoln's bust.
  • Look for the absence of a mint mark below the date, which signifies the coin was struck at the Philadelphia Mint.
  • Check the reverse for the two distinct stalks of wheat framing the words 'ONE CENT' and 'UNITED STATES OF AMERICA'.
  • Confirm the material composition of 95% copper with a 5% blend of tin and zinc, weighing approximately 3.11 grams.

History of 1927 Lincoln Wheat Cent

Designed by Victor David Brenner and first issued in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth, the Lincoln Wheat Cent was the first circulating U.S. coin to feature a portrait of a person. The 1927 edition was struck during a period of high production at the Philadelphia Mint, making it a common find in circulation but a staple for any serious numismatist.

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