1958 Wheat Penny Value Guide

The 1958 Wheat Penny is highly collectible as the final issue of the 'wheat ears' reverse design before the transition to the Lincoln Memorial series in 1959. Designed by Victor David Brenner, this copper coin represents the conclusion of a historic era in American numismatics that first introduced real historical figures to U.S. currency.

What Is 1958 Wheat Penny Worth?

The typical price range for 1958 Wheat Penny is $30 - $50 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The coin's numerical grade, with uncirculated or 'Mint State' examples commanding the top value of $50.
• The preservation of original mint luster and the specific color designation, such as 'Red' (RD) versus 'Brown' (BN).
• The presence of any minting errors, such as die cracks or doubling, which can drive prices above standard market rates.
• The overall strike quality and clarity of the fine lines in the wheat ears on the reverse side.

How to Identify 1958 Wheat Penny?

• Verify the 1958 date located on the obverse to the right of Abraham Lincoln's bust.
• Confirm the reverse features two stalks of wheat flanking the words 'ONE CENT' and 'UNITED STATES OF AMERICA'.
• Check for the 'D' mint mark below the date for Denver strikes or the absence of a mark for Philadelphia.
• Ensure the material is copper, which should exhibit a reddish-brown or chocolate-brown patina depending on wear.

History of 1958 Wheat Penny

The Lincoln Wheat Penny was minted from 1909 to 1958. Designed by Victor David Brenner, it marked the 100th anniversary of Abraham Lincoln's birth, making it the first U.S. coin to feature a real person rather than an allegorical figure. The 'wheat ears' design on the reverse was replaced in 1959 by the Lincoln Memorial design.