1958 Lincoln Wheat Cent Value Guide

The 1958 Lincoln Wheat Cent is a highly significant piece for numismatists as it represents the final year of the 'Wheat Penny' design before the transition to the Memorial reverse in 1959. Struck in a bronze composition of copper, tin, and zinc, this coin serves as a historic bookend to a series that began in 1909 to honor Abraham Lincoln's centennial.

What Is 1958 Lincoln Wheat Cent Worth?

The typical price range for 1958 Lincoln Wheat Cent is $0 - $0 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Condition and grade, with uncirculated specimens or those with original red luster commanding higher prices than the $0.20-$0.25 average.
• The presence of a mint mark, specifically the 'D' for Denver, which can influence rarity in higher grades.
• Surface preservation, including the lack of scratches, corrosion, or heavy wear on the wheat stalks.
• Errors or varieties, such as doubled dies, which are rare but significantly increase market value.

How to Identify 1958 Lincoln Wheat Cent?

• Verify the 1958 date on the obverse, located to the right of Abraham Lincoln's bust.
• Check the reverse for the two distinct stalks of wheat flanking the words 'ONE CENT' and 'UNITED STATES OF AMERICA'.
• Ensure the coin is composed of bronze (copper, tin, and zinc) rather than the zinc-plated steel used in 1943.
• Look for the 'D' mint mark below the date for Denver strikes or no mint mark for Philadelphia issues.

History of 1958 Lincoln Wheat Cent

The Lincoln Cent was first minted in 1909 to commemorate the centennial of Abraham Lincoln's birth. The reverse featured two stalks of wheat, giving the coin its common name, the Wheat Penny. The 1958 issue is highly significant as it marks the final year the United States Mint produced the Lincoln Wheat Cent design before transitioning to the Lincoln Memorial reverse in 1959.