Lincoln Wheat Penny Collection Value Guide

Estimated Value
$5 – $50
Period
1909-1912
Origin
United States
Materials
Copper

The Lincoln Wheat Penny collection from 1909-1912 represents the inaugural years of the United States' longest-running coin series, originally issued to honor Abraham Lincoln's centennial. These copper coins are highly sought after by numismatists for their historical transition from the Indian Head cent and the specific rarity of early mint marks.

What Is Lincoln Wheat Penny Collection Worth?

The typical price range for Lincoln Wheat Penny Collection is $5 - $50 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The presence of the 'S' mint mark, particularly on the 1909-S VDB, which significantly increases rarity.
  • The overall strike quality and preservation of the wheat stalk details on the reverse.
  • Specific mintage numbers for the year, with lower production years commanding higher prices.
  • The amount of original red luster remaining on the copper surface versus brown oxidation.

How to Identify Lincoln Wheat Penny Collection?

  • Look for the designer Victor David Brenner's initials 'V.D.B.' on the bottom reverse of 1909 issues.
  • Examine the obverse for the iconic profile of Abraham Lincoln and the reverse for two symmetrical wheat stalks.
  • Check for mint marks located below the date, such as 'S' for San Francisco or 'D' for Denver.
  • Verify the material is copper, which was the standard composition for these early 20th-century issues.

History of Lincoln Wheat Penny Collection

The Lincoln Wheat penny was first introduced in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. Designed by Victor David Brenner, the coin features Lincoln's profile on the obverse and two wheat stalks on the reverse. These pennies were minted until 1958 before being replaced by the Lincoln Memorial design. The coins in this collection represent various mint years and mint marks, with noted mintage numbers indicating their rarity and collectibility.

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