Sunday, July 20, 2008

1958 Wheat Cent

Do you have a wheat cent and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

1958 was the last year of wheat cent because 1959 introduced the Lincoln Memorial reverse for the 150th anniversary of President Abraham Lincoln's birth.

This coin is still among the easy wheat cents to find in your change and although there is one known double die obverse error that is very rare.



This is even more significant now because it is 2008 and next year is the 200th anniversary of Lincoln's birth so the Lincoln cent will once again be revamped.

Here are the facts from the usmint.gov website...

The themes for the reverse designs represent the four major aspects of Abraham Lincoln’s life, as outlined in Public Law 109-145.

  • Lincoln's Birth in Kentucky (1809-1816)
  • Formative Years in Indiana (1816-1830)
  • Professional Life in Illinois (1830-1861)
  • Presidency in Washington, DC (1861-1865)
Here's the stats for the coin pictured...
Type/Country: 1 Cent/United States
Year: 1958
Mintage: 252,525,000
Metal: 95% Copper 5% Tin & Zinc
Value: $0.10 in VF-20

Do you have an old penny and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

37 dollars worth, for Comments/Questions click here.:

James UK said...

I just turned up one of these minted in 1944. With the war connection, is it worth anything to a collector of coins, or collector of millitaria / war-related stuff?

Man said...

one of these minted in 1944. With the war connection, is it worth anything to a collector of coins, or collector of millitaria / war-related stuff?

Not really it is very common I just found one over a week ago.
It's about $0.05 or £0.03in that condition .

James UK said...

Ta, thanks for the info.

Anonymous said...

I have a penny that has no year on it but its missing the stamp on the front and back! It does have the ring on the edges. I didnt know where to ask but hear about what its value might be. Do you know?

Man said...

penny that has no year on it but its missing the stamp on the front and back! It does have the ring on the edges.

This is a Blank Planchet Type II it's about $2.00 if Copper-Zinc and about $3.00 if it's Copper.

The only way to tell the difference is weighing it 3.11 grams is copper and 2.50 grams is Copper-Zinc.

Anonymous said...

i have a 1952 wheat penny... i also have a 1950 leaf penny. are they worth anything?

Man said...

1952 wheat penny about $0.10
1950 leaf penny about $0.10

Shannon said...

I have a 1958 Wheat Penny and i want to know how much it's worth.

Man said...

1958 Wheat Penny about $0.05

Shannon said...

One more. I have a 1906 Indian Head, what's it worth?

Man said...

1906 Indian Head about $2.00

Shannon said...

Thats cool, but someone else said it was worth about $8.00

Man said...

Thats cool, but someone else said it was worth about $8.00

Depends on condition, I'm assume a very low grade of Good (G-4). Highest grade is 70.

If this is between very-fine-20 and extra-fine-40 then yes it is $8.00.

Anonymous said...

I have a 2 1955 canadian pennies but don`t know how to tell if they are shoulder fold or no shoulder fold Can you help?

Man said...

1955 canadian pennies but don`t know how to tell if they are shoulder fold or no shoulder fold Can you help?

The I in DEI should point to a denticle to be a Shoulder Folded.

To be a No Shoulder Fold the I should point between the denticles.

Anonymous said...

I have a 1958 D Wheat penny in very good condition, but it's strange because it has a silver shine. Almost like chrome but it seems to be solid medal.- not painted. Is it worth anything? Is it rare?

Man said...

1958 D Wheat penny in very good condition, but it's strange because it has a silver shine. Almost like chrome but it seems to be solid medal.- not painted.

Most likely electroplated or polished, no extra value.

That said weigh it just in case it is an off-metal error.

Anonymous said...

I have 2 wheat pennies and one was made in 1945, the other 1955. How much are the worth?

Man said...

wheat pennies
1945 about $0.05
1955 about $0.03

spend thrift said...

I found a1958 wheat penny with the L in liberty is lost in the rim of the coin is it worth much of anything it is a D series Thanking you in advance to any info leading to more knowledge of my new possession...

Man said...

1958 wheat penny with the L in liberty is lost in the rim of the coin is it worth much of anything it is a D series

Sounds like a minor Off-Center error at most $0.50 if circulated. But generally to minor to sell.

Anonymous said...

I have a 1944 dime, a 1936 buffalo nickel, a 1942 quarter, 5 cent piece from jamaica 1969. I also have what looks like a penny, but has the word "eire" and a harp (1975) on one side and then what appears to be a bird wrapped on the other side with "1/2" and the letter "P". Thanks for any help! :)

Man said...

1944 dime about $2.50
1936 buffalo nickel about $1.00
1942 quarter about $6.50
5 cent piece from jamaica 1969 about $0.05

looks like a penny, but has the word "eire" and a harp (1975) on one side and then what appears to be a bird wrapped on the other side with "1/2" and the letter "P"
--Ireland 1/2 penny about $0.05

Anonymous said...

I have a 1958 d wheat penny that is missing the second t in trust completly. It still has some of it's original luster. It has not been polished.

Man said...

1958 d wheat penny that is missing the second t in trust completly. It still has some of it's original luster. It has not been polished.

Struck Through Grease error, no extra value.

About $0.05

Anonymous said...

I have a 1958 wheat penny how much is it worth

Man said...

1958 wheat penny about $0.05 in circulated shape

Anonymous said...

Hi I have a d wheat penny but I can't tell weather or not its a 1938 or 58 it looks like its had a ride in a blender but you can tell it was this way when it was made its got scrapes as if someone shaved some pieces of it its also got imprints and if you look threw a magnifying glass it looks like a bunch of letters and or numbers just randomly put everywhere is it worth anything?

Man said...

d wheat penny but I can't tell weather or not its a 1938 or 58 it looks like its had a ride in a blender but you can tell it was this way when it was made its got scrapes as if someone shaved some pieces of it its also got imprints and if you look threw a magnifying glass it looks like a bunch of letters and or numbers just randomly put everywhere

Sounds damaged, no extra value.

The description is not enough, if you think this is a true error then take good pictures and place it online somewhere the copy & paste a link here.

gaby said...

How much is a 1955 wheat penneywith the lettwr d

Man said...

1955 wheat penneywith the lettwr d about $0.05 in fine

Anonymous said...

I have a 1958 wheat penny that has a five stamped over the nine.I have looked at the coin over and over again,I put under a magnifying glass and i was wondering what would i have to do to get my coin looked at by someone to have it graded ,thanks

Man said...

1958 wheat penny that has a five stamped over the nine.I have looked at the coin over and over again,I put under a magnifying glass and i was wondering what would i have to do to get my coin looked at by someone to have it graded

Most likely a fake or a Die Clash error, either one has no extra value.

That said just take it to a local PCGS coin dealer and they will grade it for a fee.

First I would take excellent pictures and put them online for experts to see. Then try a few coin clubs or dealers in your area.

After all that if you still believe it is an error pay for PCGS grading services.

Anonymous said...

Hi I have a wheat penny 1958 d but the numbers do not touch each other is it worth anything

Man said...

wheat penny 1958 d but the numbers do not touch each other

Sounds normal about $0.05

Anonymous said...

I have a 1957 Wheat Penny that has an extra stem on the left wheat stock on reverse. I have tried looking it up but have gotten no where. Any ideas?

Man said...

1957 Wheat Penny that has an extra stem on the left wheat stock on reverse.

Sounds like a Die Break error, since true doubling would affect the entire back.

Die breaks do not add value but you should take a clear image in case this is some other type of error.