On the 1926 Wheat Penny, the designers initials, VDB, are on Lincolns shoulder cut-off. 2010 - 2023 USA Coin Book. These are some of the factors that go into determining how much your 1926 wheat penny is worth: Alright, now lets get down to figuring out what your 1926 Lincoln cent is really worth. US Mint. Also, the replacement would take two weeks!! Here are the current values of 1926-S wheat pennies: A heavily circulated 1926-S penny is worth $7 to $15. Planchet the blank disc that forms a coin. As illustrated in the photo in the link below, themint markis located on theobverseof the coin,just below the date. Up until 1990, mint employees used a small letter punch to add the mint mark to the working die by hand. Many of the price guides that are available online offer confusing information about what a coin might fetch based on its physical condition. If it was a double-struck coin, one image would be raised in the other one would be flattened. In low grades, its only worth its melt value of 2 or 3 cents, depending on the spot price of copper. 1926 Philadelphia cents are Abundant in the Good grade. Even though some of the wording and imagery might have been worn away, these coins will be in decent shape once you consider their age. His less attractive earlier coins were signed with a B for Barber. In extremely fine condition the value is around $45. The obverse (heads side) of the 1926 Wheat Penny features a portrait of Abraham Lincoln, the 16th President of the United States. An average low condition 1926-S is worn to the point wheat stalks lack any detail. Grading descriptions indicate focal points of devices to examine when judging condition. A nicely toned, evenly worn example without any distracting marks, it is a fascinating look into the minting process. There are also examples of less dramatic doubling that can be found, but these coins do not carry the premium value that the "King" has. In uncirculated condition the price is around $215 for coins with an MS 60 grade. By all accounts, these are the absolute most sought after pennies on the market. Good: The Good grade is the worst a coin can receive. Examples removed from circulation before heavy wear occurred are in demand by collectors. In the middle uncirculated grades, that same coin can cost thousands. An even toning covering a relatively mark free surface is a strong plus to a good grade wheat cent. A $3,200 1877 Indian Head Penny. Popular with young and beginning cent collectors and an affordable issue. The coin's luster might not be as prominent. I stay in Fayetteville, NC and I am interested in your offer. So the VDB was wiped off and didnt reappear until 1918, one year after Charles Barbers death. Fine/Very Fine , 1926 LINCOLN WHEAT CENT (NICE HIGHER GRADE) COMB SHIP ~ LOT B378, 1926 LINCOLN WHEAT CENT ( (Combined Shipping)) LOT C502, 1926 LINCOLN WHEAT CENT (COMBNED SHIPPING) LOT M48, 1926-P LINCOLN WHEAT CENT ROLL (50-CENTS G to F) LOT C694, 1926-P RED- Uncirculated Lincoln Wheat Cent BU ( 1758). The coin was designed by Victor David Brenner and replaced the design for the Indian Head penny. The 1926 wheat pennies have value as numismatic coins. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. . Part of the design might be struck off the coin, leaving some sections of the coin unmarked. Food for thought! Im going to share with you all that you need to know about the 1926 Lincoln cent, including: So, lets get right to the bottom of this. Mint Engraver Charles E. Barber strongly objected to the use of three initials on the coin. The conventional wisdom for buying any 1920s Lincoln Pennies a decade of coins of which many were cleaned or damaged is to be discriminating when buying your coins and be sure you are purchasing those which are in good overall shape and have at least decent eye appeal. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date, Looking to sell my Pennies 1880s. The series offers something for just about everybody regardless of their income or collecting level. A lightly circulated 1926-S penny is worth $30 to $50. 1926 saw 28,020,000 Wheat Pennies coined at the Denver Mint. Due to a production error in the manufacturing of the working coin die, the mint craftsman made two impressions that were slightly offset from each other. Identify and confirm both Date and Mint Mark combination first. Then there was German-born Felix Oscar Schlag, who did the Jefferson Nickel, or even the British-born George Thomas Morgan of the famous Morgan Dollar. Knowing which Lincoln Wheat pennies are key dates, rarities or varieties will help you appreciate that a small difference on a coin can mean significant differences in its value. Therefore, collect coins in the highest grade that you can afford. After identifying Date; a close inspection determines Mint Mark. 8.) The lines in the wheat heads are not visible. 7.) A nice rich brown toning covers the 1926-S penny. Buypriceis what you can expect to pay to a dealer when you purchase the coin, andsellvalueis what you can presume a coin dealer to pay you when you sell the coin. Its believed that maybe 1,500 1926-S Lincoln cents exist in uncirculated condition and only about 5 in MS-65 Red condition surely much fewer than the 20,000 or so surviving 1909-S VDB pennies! If you happen to snag a 1926 off-center penny thats 75% or more off center, its worth potentially hundreds of dollars! Repunched mintmarks are interesting varieties in which the working die was struck by the mintmark punch at least twice. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. The San Francisco Mint made 4,550,000 Wheat Cents in 1926. Click here to Learn How to use Coin Price Charts, Click here to see the Melt Value of every US Coin, 1926 LINCOLN WHEAT CENT ~ NICE ~ COMB SHIP ~ LOT X65, 1926 LINCOLN WHEAT CENT (NICE!) His jaw and cheek are still separated and well defined. Wear reduces luster and leaves a dullness to the surface. Regrettably, the errors were not always entirely removed, and some remnants of the mistake remained underneath the new mintmark. These are not necessarily required for completing a set of Lincoln Wheat cents, yet many collectors pursue them anyway. All Rights Reserved. So if the persons hands wobbled, you may find a re-punched mint mark or RPM. Cleaned coins and those with signs of damage such as holes, bends, heavy nicks and scratches, or other problems are worth much less. Look for strong doubling on the obverse in the word "TRUST" and on the date. Be less concerned with completing your collection and pay more attention to acquiring high-grade quality coins. 21,360 views Feb 2, 2020 614 Dislike Share Couch Collectibles 441K subscribers These are old wheat pennies that are valuable.. It has a plain edge (no reeds) and weighs 3.11g. Though the coin has had its design altered to some extent over the years, it is not much different now than it was back in 1926. Lincoln Wheat cents span the years 1909 through 1958. A $10,000 1873 Indian Head Penny. Unfortunately, a few leftover planchets from 1942 slipped through the process and resulted in 1943 pennies made on a bronze planchet. the image), legends or mottos (those are the words), and mintage date. So it seems these naturalized sculptors played a huge and extremely direct role in the economy, and specifically, in many circulating coins that we still use today. US Mint at Philadelphia Tour. Uncirculated Grade: Original surfaces not disturbed by wear is a wheat cent in Mint State - Uncirculated grade. A mark free surface adds appeal to a coin in Fine grade. But a 1926-S Wheat Penny in mint state can get close to $400. 1914 D Wheat Penny - $5,500 value 5.) Im the Coin Editor here at TheFunTimesGuide. One of the most popular types of die break varieties on pennies are those involving a little line, or crack, that commonly forms between the B and E of LIBERTY on the obverse. The 1926 Wheat Penny gets its name from the wheat sheaves that adorn its back. Brenner's redesign was met with some resistance, specifically from Chief Engraver Charles Barber. Before you go down the path of building a complete set of Lincoln Wheat pennies, use the following price guide to give you an approximatevalue and pricefor your Lincoln Wheat pennies. 1926 wheat pennies are worth anywhere from a few cents to a few thousand dollars. Before the President brought in professional sculptors, coins were designed by in-house mint engravers including Charles E. Barber. Selling a few or many wheat pennies for the best value starts by separating the coins into "market categories" for consideration by the dealer. Victor David Brennerdesigned the new penny at the request of President Theodore Roosevelt. In the middle uncirculated grades, that same coin can cost thousands. Washington Quarter Key Dates, Rarities, and Varieties, Kennedy Half Dollar Values and Prices (1964-2015), Top 10 Most Valuable U.S. Additionally, the mint was producing coins for Belgian at the time that use the same zinc plated steel planchets that were used the previous year. $2.00. $0.01 USD. The 1926 S wheat penny is worth around $10 in good condition. Uncirculated: The Uncirculated grade is one given to pennies that have never spent any time exchanging hands on the open market. 1926 penny value is determined by three main factors: Date | Mint Mark | Condition. 1944 Steel Lincoln Wheat Cent. Most worn, common-date Lincoln Wheat pennies arent worth more than 10 cents. Brenner learned French and English, attending night school at the Cooper Union for the Advancement of Science and Art in New York, and later the Acadmie Julian. These are approximate retail prices and wholesale values. Use caution when purchasing this coin. A 1926-S Wheat Penny sold for $149,500 in 2006. These are the 20 most valuable pennies, and they're worth a combined $5.5 million. Imaged by Heritage Auctions, HA.com. Easily visible imperfections have become a specialty sub-set of Lincoln wheat cent collections. Here are some of the errors you may be able to find on 1926 Lincoln cents and what these pieces are worth: Doubled die coins are among the most popular of errors in the numismatic world and thats particularly true with pennies. Bronze Composite Penny. Though, under close inspection, they will have some small imperfections, the reality of the matter is that there is almost nothing wrong with these coins. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. New discoveries are still being made among the Lincoln Wheat penny, including repunched mintmarks and other minor and major die varieties of varying significance. In this example, you can see the remnants of an "S" that was punched horizontally into the die instead of vertically. A detailed description of the grading process is used to evaluate condition, further narrowing the range of how much your coin is worth. Uncirculated coins with a grade of MS 63 can sell for around $12. 1926 Wheat Penny It has no mintmark. To 1958 About 4 Hundred in Total. Teletrade Coin Auctions, www.teletrade.com. Most are worth only 2 or 3 cents. Rotate and tilt your coin under a light, mint state luster follows the light and remains unbroken. In fact, with the exceptions of major errors and varieties, no Lincoln wheat penny struck after 1933 is worth more than 10 cents in worn condition. Any info on a coin that year having that condition? Fine Grade: Wear is moderate to heavy on a wheat penny in Fine grade. $125.99. Find a close match of condition by comparing your coin to the images in the grading section below. Originally, the obverse of the coin contained Brenner's signature. Intermediate and advanced coin collectors will learn how to grade Lincoln wheat pennies using the Sheldon scale of 1 to 70. If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered anuncirculatedcoin. But his Jewish family escaped Russia in 1890, and like many emigrants arriving in New York, he anglicized his name to Victor David Brenner. Thanks! Let's look at 1929 Lincoln wheat penny values. San Francisco variety cents are the standout issue. Theodore Roosevelt was on a mission to redesign our nation's coinage. For the obverse, Brenner used his prior design from a 1907 desk plaque for Gorham Manufacturing. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. The 1926 wheat penny with no mint mark is worth around $0.25 in good condition. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. Lincoln Pennies. Any contours are reduced and merged on both his coat and hair. Year Set. Territories Coin Values, How to Value and Price a Roosevelt Clad Dime, Buffalo (Indian Head) Nickel Values and Prices, Lincoln Wheat penny key dates, rarities,andvarieties, 1909-S VDB (small "S" below the date and "V.D.B." This is numismatically referred to as a "re-punched mintmark" or RPM. A 1926-S Wheat Penny sold for $149,500 in 2006. So how do you know if your 1926 wheat penny is worth just a handful of change or a fistful of dollars? I mean, these coins are so mis-stamped its almost ridiculous. This happened when the die worker was trying to bring up the original impression left by the first punch a little more. Join us today for FREE! 1926 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 2/27/2023: Gold $1807 | Silver $20.63 1926 Penny Value Appraising these wheat cents involves judging a few key areas. In-depth overview of the 1926 Lincoln (Wheat) Penny including its key features, value and how to appropriately judge the coins condition. Given the popularity of collecting Lincoln Wheat cents, there will always be a demand for quality coins. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. I primarily collect and study U.S. coins produced during the 20th century. Well-worn 1943 steel pennies often trade for 5 to 10 cents apiece in well-worn condition. MS 60 uncirculated- There are no signs of wear. 1927 Wheat Penny In 2021, an MS64 graded coin (pictured left) sold for $180,000. 1926-D Wheat Penny Value 1926 saw 28,020,000 Wheat Pennies coined at the Denver Mint. In very fine condition the value is around $0.50. Theyre not worth much generally, and most go for around $20. These two situations combined for a prime opportunity for the mint to produce this amazing error coin. on the back at the bottom between the stems of the wheat ears), 1909-S Over Horizontal S (re-punched mintmark or RPM), 1943 Bronze/copper (cents in 1943 were made out of zinc plated steel, not copper), 1943-D Bronze/copper (cents in 1943 were made out of zinc plated steel, not copper). High profile areas show evidence of wear first by a smoothing effect and change in color to the metal. Victor D. Brenner designed the coin under the direction of Pres. ALWAYS COMBINED SHIPPNG ~ PAY SHIPPING FOR ONE LISTING AND THE REST SHIP FREE! With the four different reverses on theLincoln cent in 2009, and the new Shield reverse starting in 2010, interest in Lincoln cents peaked for a few years. How do you know if youve got that 1926 Lincoln cent worth a few cents or a few figures?. Many collectors do not consider their coin collection complete without the Lincoln Wheat penny key dates, rarities,andvarieties. The coin can be worth $75 to $150 in higher grades and mint states. This is the cream of the crop in the series and has a base value of around $550. A smooth surface is noted over all devices. Although this is the second-lowest mintage in the Lincoln Wheat cent series, mint state coins, and circulated specimens are readily available to collectors today. Fine: If a coin receives a Fine grade, this means that the piece was circulated for a good bit of time, but has managed to avoid a lot of wear and tear commonly associated with coins as old as the 1926 Lincoln. A continuous flat area now covers Lincoln's face, jaw, and hair. Examine Lincoln's cheek below the eye extending to his ear. For the reverse, he offered a sketch based on the tree branches from French silver coins circulating at the time. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Good Grade: Wear covering the entire surface defines a penny in Good grade. 1920 P Wheat Cent ERROR Penny Die Crack. If it were not for a fire at the U.S. Mint facility in Philadelphia, coin collectors would have never noticed this error. Thats quite a different story. MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. These days, about 1 in 8 American residents was born outside the US, and some native-born folk are quite uneasy about that stat. Since the late 1800s, only Barber's first initial of his last name ("B") appeared on the coins that he designed. Can I get someone to look at my collection of wheat pennies from 1911 to 1958. No, a 1926 Wheat Penny isnt rare. It also provides values for the Wheat penny date ranges not specifically mentioned above. and new product arrivals. How can I tell whether I have a valuable penny in my possession? Old Coin! In very fine condition the value is around $7.50. On the left and right hand sides of the reverse will be two single wheat stalks, which explains how the penny got the nickname of the Wheat Penny. Finally, the Latin phrase E Puribus Unum is arching overtop. What pennies are worth money in 2023. Early era cents dated 1909 to 1933 enjoy premium value and demand when displaying positive eye appeal. 0 bids. A 10% off-center is only worth a few dollars but a 75% can hit the hundreds. In 1909 the United States Mint stopped producing Indian Head pennies and started producing Lincoln cents. All Rights Reserved. For collectors, the 1926 Lincoln is a coin that needs to be graded. The consent submitted will only be used for data processing originating from this website. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. 1927 US Mint Annual Report Errors like this happen if the die shifts while its being struck by the hub, forming a sort of doubling that is clearest on words or letters. Finally, the words In God We Trust will be arching overtop. Aging and overworked dies often show their stress in the form of little cracks, chips, and breaks on the surface. Review the uncirculated example image first, it gives a good illustration of the complete amount of original detail on a coin without any wear to the surface. Do you have a 1926 penny and want to know its value? Extremely Fine: A coin that is worthy of an Extremely Fine grade is one that has spent very little time exchanging hands. A chocolate-brown uncirculated 1926-S penny is worth $100 or more. There, he learned sculpture and medal work respectively. His coins were stamped B as well! Keep reading to learn more about these one cent coins. The 1926 D wheat penny is worth around $1.50 in good condition. The Lincoln penny is one of the longest-standing American coins in that it has been circulated in one form or another for what seems like forever. These coins will have heavy scratching, chipping, and even some of the raised aspects of the coin will have been almost entirely worn away. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. This is another coin that is frequently counterfeited and altered. Extremely fine- There is only slight wear on the coin. But the reality is millions of wheat cents were made in 1929, . Type: Wheat Penny Year: 1926 Mint Mark: No mint mark Face Value: 0.01 USD Total Produced: 157,088,000 [?] You can also use the Lincoln Wheat Penny value and price guide to determine the current market trends of these coins.