1927 Lincoln Wheat Penny Value Guide

The 1927 Lincoln Wheat Penny is a significant piece of American numismatic history, representing the first U.S. coin series to feature a real historical figure rather than an allegorical image. Designed by Victor David Brenner, these copper-zinc-tin coins are highly sought after by collectors for their iconic 'wheat ears' reverse design and their connection to the 100th anniversary of Lincoln's birth.

What Is 1927 Lincoln Wheat Penny Worth?

The typical price range for 1927 Lincoln Wheat Penny is $5 - $10 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of a mint mark (D for Denver or S for San Francisco) below the date can significantly increase value over the Philadelphia (no mint mark) issue.
• Overall strike quality and the amount of original red luster remaining on the copper surface.
• The level of wear on the wheat stalks' fine lines and Lincoln's cheekbone and hair details.
• Market demand for coins graded as 'Uncirculated' which can push prices toward the higher end of the $5-$10 range.

How to Identify 1927 Lincoln Wheat Penny?

• Verify the 1927 date located on the right side of the obverse below the 'In God We Trust' motto.
• Check for the designer's initials 'V.D.B.' which may be visible on the base of Lincoln's shoulder in high-grade specimens.
• Examine the reverse for the two distinct wheat stalks flanking the words 'ONE CENT' and 'UNITED STATES OF AMERICA'.
• Confirm the composition is the original bronze alloy of copper, zinc, and tin, rather than later steel or zinc-plated versions.

History of 1927 Lincoln 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. It was the first U.S. coin to feature a real person rather than an allegorical figure. The 'wheat ears' design on the reverse was used until 1958, when it was replaced by the Lincoln Memorial design.