1956 Lincoln Wheat Cent Value Guide

Period
1956
Origin
United States
Materials
Copper, Zinc, Tin
Category
Lincoln cent

The 1956 Lincoln Wheat Cent is a classic piece of American numismatic history, representing one of the final years of the beloved 'Wheat' reverse design. Composed of copper, zinc, and tin, this coin is highly collectible for its role in commemorating the centennial of Abraham Lincoln's birth.

What affects the value of 1956 Lincoln Wheat Cent?

  • The presence of original mint luster, which significantly increases the value beyond the $0.20-$0.30 range.
  • The specific mint mark (or lack thereof) located below the date, indicating the Philadelphia or Denver mint.
  • Overall surface preservation, including the absence of scratches, carbon spots, or heavy wear on the wheat stalks.
  • The color designation, with 'Red' (RD) specimens commanding higher prices than 'Red-Brown' (RB) or 'Brown' (BN) coins.

How to Identify 1956 Lincoln Wheat Cent?

  • Verify the '1956' date on the obverse side to the right of Lincoln's bust.
  • Check the reverse for the two stalks of wheat flanking the words 'ONE CENT' and 'UNITED STATES OF AMERICA'.
  • Look for the designer's initials 'VDB' which may be present on the base of Lincoln's shoulder in high-grade examples.
  • Confirm the composition is a bronze alloy of copper, tin, and zinc, typical for mid-century cents.

History of 1956 Lincoln Wheat Cent

The Lincoln Cent, designed by Victor David Brenner, debuted in 1909 to commemorate the centennial of Abraham Lincoln's birth. The reverse featured two stalks of wheat, which earned the coin its popular moniker, the 'Wheat Penny.' This design was produced by the U.S. Mint until 1958, after which the reverse was changed to depict the Lincoln Memorial.

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