Wheat pennies vary in worth depending on the condition of the penny and the year in which it was minted. As U.S. currency, all wheat pennies are worth at least 1 cent, but rarer coins minted with anomalies or in limited runs are worth substantially more.
According to The Fun Times Guide, the Denver Mint released a small amount of wheat pennies that were missing their "D" stamp indicating where they originated. This "plain" wheat penny can be worth up to $900. Most wheat pennies minted during the 1950s are usually worth 10 cents or less. To learn the value of a coin, have it assessed and graded by a professional rather than referencing a coin guide, as some tell-tale marks that suggest increased value are additions by forgers and scam artists.Learn More
As of 2014, a 1946 penny is valued by collectors at between 3 cents and $4, depending on its condition and where it was minted. Pennies from 1909 to 1958 are referred to as Lincoln wheat pennies, based on their design containing two stalks of wheat.Full Answer >
As of 2014, a 1926 Lincoln wheat penny is worth between 10 cents and $117, depending on its condition and mintmark. Coin collectors grade coins on a scale with ratings of good, fine, extremely fine and uncirculated.Full Answer >
Based on its 2014 price guide, CoinTrackers values a 1936 Lincoln wheat penny at between 35 cents and $15, based on the condition of the coin. Coins in uncirculated condition with sharp edges and no discoloration are worth the most, while well-worn pennies are worth little.Full Answer >
Valuable old pennies include the half-cent penny, the American large cent, the flying eagle penny, the Indian penny and the Lincoln wheat penny. The exact value of each coin depends upon its condition, the date it was minted and its particular design.Full Answer >