Updated Feb 6, 2025

A Detailed Guide on Wheat Penny Worth: Value Chart, Most Valuable Pennies, and Selling Process

Wheat pennies, also known as Abraham Lincoln coins, are some of the highest-valued US pennies, making them stand at the pinnacle of the pennies’ value. As these coins get more limelight in the marketplaces, the issue of evaluating the right wheat penny worth is becoming more frequent. 

There have been cases where people get scammed with the undervaluation of rare pennies like the 1945 wheat penny and the 1919 wheat penny. Thus, detailed information regarding the valuation is necessary. Let’s read the article to get the right value of wheat pennies. 

How Much Does Wheat Penny Worth?

1927 Wheat Penny

A collection of antique coins has always been the trend for numismatists. The wheat pennies are one of the most famous and valuable collection items for collectors. Wheat penny’s value ranges from $1 to $1,140,000, depending on a combination of factors, as mentioned below. 

  • Condition (Grading): Refers to the quality of the penny as per the grading of the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). 
  • Mint Year Marking: The marking of the mint also affects the value of pennies. Generally, coins struck at mints with lower mintage rates are valued higher. 
  • Errors and Variations: Pennies with errors and variations are more valuable than the usual pennies. These errors and variations can be seen with the naked eye, such as double die, bold engraving, shallow engraving, etc. 

Centered on these factors, the wheat pennies’ value can differ. Hence, always thoroughly check the penny before selling, as these factors can be the deciding value element. 

Wheat Penny Value Chart

To make the evaluation of your wheat penny worth shorter and simpler, we have provided the value chart, comprising the wheat penny worth along with their different grading, mint marks, and designations like BN (brown), RB (red brown), and RD (red). 

Date DesignationG-VGF-VFEFAUMS (60 -66)
1909 PBN$2.80$3.60 – $4.40$6.30$12$21.20 – $166
1909 SRD$375 – $3,650
1909 PRB$30 – $208
1909 S VDBRD$2,100 – $17,000
1909 S VDBRB$2,000 – $8,075
1909 S VDBBN$1,095$1,295 – $1,525$1,625$1,875$2,095 – $6,775
1909 S/S S/Horizontal SRD$554 – $2,603
1909 S/S S/Horizontal SRB$350 – $1,385
1909 S/SBN$92$180 – $144$185$236$308 – $1,025
1909 SRB$360 – $1,930
1909 SBN$84$230 – $250$330$350$500 – $1,210
1909 P VDB Doubled Die ObverseRD$100 – $2,290
1909 P VDB Doubled Die ObverseRB$85 – $1,358
1909 P VDB Doubled Die ObverseBN$36$42 – $66$89$99$125 – $552
1909 P VDBRD$100 – $481
1909 P VDBRB$27.10 – $209
1909 P VDBBN$10.90$12.80 – $13.40$25$30$45 – $148
1909 PRD$32 – $435
1910 SRB$125 – $650
1910 SRD$85 – $1,680
1910 PBN$3$4$3.80$8.10$70 – $375
1910 SBN$17.10$20.80 – $27$47$70$160 – $337
1910 PRD$50 – $635
1910 PRB$80 – $269
1911 PBN$2$2.30 – $3$6.80$20$25.70 – $550
1911RB$40 – $428
1911RD$110 – $1,248
1911 DBN$8$13.70 – $24$53$71$109 – $1,300
1911 DRB$150 – $1,140
1911 DRD$160 – $1,613
1911 SBN$34$39 – $80$73$90$193 – $2,600
1911 SRB$225 – $4,025
1911 SRD$235 – $15,125
1912 DRD$100 – $4,760
1912 SRB$225 – $2,290
1912 SBN$19.70$25.40 – $35$100$101$185 – $2,600
1912 SRD$310 – $14,500
1912 DRB$225 – $2,000
1912RD$65 – $1,140
1912RB$50 – $443
1912 PBN$1.80$2.60 – $5.50$30$24.10$36 – $350
1912 DBN$12.40$25 – $70$100$105$187 – $1,800
1913 DRD$165 – $3,760
1913 SRD$250 – $23,150
1913 SRB$250 – $6,500
1913 SBN$15$19.60 – $26$57$180$203 – $7,500
1913 DBN$3.60$6.40 – $11.10$45$65$119 – $1,200
1913 DRB$160 – $1,040
1913 PRD$90 – $1,410
1913 PRB$65 – $608
1913 PBN$2$2.30 – $3$30$50$36 – $500
1914 DRD$2,000 – $82,100
1914 SRB$350 – $7,400
1914 SBN$21.30$24.90 – $32$83$139$314 – $7,500
1914 SRD$400 – $73,850
1914 DRB$2,650 – $29,100
1914 PRD$70 – $3,320
1914 PRB$65 – $1,378
1914 PBN$2$3.30 – $8.80$22.30$70$56 – $1,100
1914 DBN$330$400 – $490$772$1,477$2,455 – $11,500
1915 DRD$100 – $2,890
1915 SRB$360 – $5,125
1915 SBN$19.20$23.50 – $32$100$102$299 – $3,750
1915 SRD$400 – $20,950
1915 DRB$100 – $1,170
1915 DBN$4.50$7.80 –  $18$30$50$82 – $650
1915 PRD$135 – $1,585
1915 PRB$100 – $545
1915 PBN$3.40$5.30 – $15$65$52$81 – $675
1916 SRD$125 – $13,200
1916 SRB$140 – $1,100
1916 SBN$3.30$5 – $10$30$46$102 – $7,500
1916 DRD$100 – $6,888
1916 DRB$85 – $1,950
1916 DBN$2$3.60 – $5.70$19$36$84 – $1,860
1916 PRD$34 – $581
1916 PRB$30 – $392
1916 PBN$1$2 – $3.60$15$30$23.30 – $275
1917 DRD$110 – $9,100
1917 SRD$150 – $59,950
1917 SRB$135 – $3,300
1917 SBN$2$5 – $4.60$16$27$91 – $3,500
1917 DRB$4$6.40 – $10.20$40$85$82 – $2,000
1917 P Doubled Die ObverseRD$8,650 – $30,000
1917 P Doubled Die ObverseBN$163$270 – $405$1,305$1,680$3,525 – $8,800
1917 PRD$50 – $1,669
1917 PRB$1$1 – $1.70$5.10$30$22.20 – $450
1917 P Doubled Die ObverseRB$4,000 – $22,500
1918 DRD$175 – $18,800
1918 SRD$225 – $5,175
1918 SRB$130 – $3,450
1918 SBN$3$6 – $8.90$19.70$33$86 – $3,400
1918 DRB$125 – $4,525
1918 DBN$1$4 – $7.70$30$50$88 – $494
1918 PRD$50 – $933
1918 PRB$25 – $332
1918 PBN$1$1 – $2$4.90$11$50 – $325
1919 DRD$125 – $4,785
1919 SRD$100 – $27,250
1919 SRB$80 – $1,955
1919 SBN$2$3 – $3.60$12.50$19.70$55 – $414
1919 DBN$1$2.20 – $4.70$25$33$70 – $1,200
1919 DRB$100 $1,377
1919 PRD$30 – $600
1919 PRB$30 – $200
1919 PBN$1$1$3$8$16.30 – $81
1920 PBN$1$2 – $4$6$9.30$40 – $98
1920 PRB$40 – $98
1920 PRD$30 – $677
1920 DBN$2$3 – $6.10$17.50$33$82 – $432
1920 DRB$100 – $1,860
1920 DRD$125 – $18,450
1920 SBN$4$5 – $5.10$15.50$34$97 – $729
1920 SRB$140 – $6,975
1920 SRD$325 – $18,525
1921 SRB$150 – $8,350
1921 SRD$250 – $11,750
1921 SBN$5.80$7.70 – $11.80$60$70$110 – $1,543
1921 DBN$24.40$40 – $32$42$140$119 – $1,780
1921 PBN$2$3 – $2.60$11.70$21.40$44 – $195
1921 PRD$70 – $1,330
1921 PRB$50 – $558
1922 DRB$175 – $2,300
1922 DRD$185 – $7,880
1922 P No D Strong ReverseBN$799$758 – $1,295$1,850$3,450$11,730 – $82,400
1922 P No D Strong ReverseRB$21,500 – $109,250
1922 P No D Strong ReverseRD$83,750 – $220,000
1923 PBN$3$3$7.80$10.20$17.10 – $350
1923 PRB$35 – $538
1923 PRD$40 – $940
1923 SBN$9.30$11.90 – $15$47$92$240 – $3,850
1923 SRB$264 – $10,840
1923 SRD$500 – $42,375
1924 SBN$12$10.10 – $13.20$35$77$137 – $10,000
1924 SRD$200 – $32,500
1924 SRB$175 – $2,310
1924 DBN$50$47 – $60$97$136$278 – $1,455
1924 PRB$30 – $518
1924 PBN$2$3 – $5$7.20$11.40$50 – $500
1924 PRD$35 – $1,480
1925 PBN$1$1$5.10$8.80$14.90 – $225
1925 PRB$25 – $233
1925 PRD$26 – $403
1925 DBN$6$4.80 – $7.10$25$31$70 – $2,315
1925 SBN$1$2.80 – $6.10$17$32$128 – $3,025
1925 SRB$150 – $2,975
1925 SRD$300 – $45,100
1926 DRD$150 – $14,850
1926 SRD$550 – $112,250
1926 SRB$410 – $27,500
1926 SBN$11$14.50 – $30$50$71$228 – $11,000
1926 PBN$1$1$2.50$4.70$12.30 – $56
1926 DRB$90 – $2,650
1926 DBN$2$5.20 – $9.50$20.60$35$90 – $638
1926 PRD$22 – $306
1926 PRB$18 – $165
1927 SRD$150 – $12,050
1927 SBN$2$3 – $5.10$35$41$105 – $2,318
1927 SRB$125 – $3,905
1927 DRD$100 – $36,450
1927 DRB$75 – $1,253
1927 PRD$26 – $506
1927 PRB$22 – $144
1927 PBN$1$1$5$6.20$13.30 – $59
1927 DBN$2$2 – $4.10$12.30$23$58 – $700
1928 DRD$60 – $8,880
1928 DRB$50 – $935
1928 DBN$1$2 – $3$10$25$70 – $655
1928 SRD$135 – $48,400
1928 SRB$100 – $1,530
1928 SBN$2$3 – $4.10$13.90$29.80$100 – $490
1928 PRD$44 – $390
1928 PRB$28.30 – $175
1928 PBN$1$1$4$4.20$10.30 – $55
1929 DRD$40 – $3,930
1929 DRB$35 – $415
1929 DBN$1$1 – $2.60$6$13.80$24.50 – $400
1929 SRD$50 – $2,305
1929 SRB$35 – $665
1929 SBN$2$1.80 – $3.10$9$13.30$23.30 – $550
1929 PRB$16 – $172
1929 PRD$22 – $334
1929 PBN$1$1$5$7$10.30 – $100
1930 DRB$20 – $180
1930 DBN$1$1$2.30$4.20$13.40 – $150
1930 DRD$25 – $620
1930 PBN$1$1$2$4.10$8.70 – $54
1930 PRB$12 – $85
1930 PRD$18 – $136
1930 SBN$1$1$2$5.80$9.90 – $49
1930 SRB$14 – $148
1930 SRD$20 – $545
1931 DRD$100 – $6,475
1931 DRB$75 – $1,273
1931 DBN$6$6.80 – $9.30$18.50$33$57 – $577
1931 PRD$30 – $515
1931 PRB$24 – $232
1931 PBN$1$2 – $2.20$5.70$20$19.30 – $57
1931 SRB$200 – $1,018
1931 SRD$210 – $2,395
1931 SBN$69$89 – $180$240$250$160 – $830
1932 PBN$1.70$2.60 – $3.90$7.30$10.50$16.70 – $49
1932 PRB$18 – $83
1932 PRD$25 – $257
1932 DRD$28 – $742
1932 DBN$1.70$2.20 – $2.60$4.20$10$18.70 – $235
1932 DRB$28 – $264
1933 PRD$24 – $357
1933 PRB$20 – $130
1933 PBN$1.70$2 – $2.60$15$9$15.20 – $50
1933 DBN$4.20$5.20 – $7.80$13.30$19.50 $30 – $60
1933 DRB$20 – $169
1933 DRD$20 – $274
1934 PRD$8 – $55
1934 PRB$6 – $50
1934 PBN$0.06$0.07$1$3$5 – $24.70
1934 DRD$18 – $284
1934 DRB$40 – $99
1934 DBN$0.44$1$3$6$6.20 – $55
1935 PBN$0.06$0.07$0.09$1$6 – $25
1935 PRB$7 – $50
1935 PRD$8 – $55
1935 DRD$9 – $75
1935 SRD$14 – $414
1936 P Doubled Die Obverse, Type 3RD$150 – $1,195
1936 P Doubled Die Obverse, Type 3BN$20$79$92$113 – $354
1936 P Doubled Die Obverse, Type 3RB$110 – $457
1936 P DDO FS-102RB$350 – $1,770
1936 P DDO FS-102RD$375 – $3,135
1936 P DDO FS-102BN$54$60 – $80$150$210$325 – $1,550
1936 P DDO FS-103BN$20$40 – $50$77$87$101 – $500
1936 P DDO FS-103RB$125 – $800
1936 P DDO FS-103RD$165 – $1,220
1936 DRD$7 – $57
1936 SRD$8 – $125
1936 P Doubled Die Obverse, Type 1BN$60$88 – $107$185$304$670 – $3,850
1936 PBN$2$3$4$4$2 – $20
1936 PRB$5 – $27.80
1936 PRD$7 – $54
1936 P Doubled Die Obverse, Type 2RD$350 – $3,110
1936 P Doubled Die Obverse, Type 1RB$650 – $4,400
1936 P Doubled Die Obverse, Type 1RD$2,875 – $8,963
1936 P Doubled Die Obverse, Type 2BN$34$40 – $60$140$225$310 – $1,500
1936 P Doubled Die Obverse, Type 2RB$325 – $1,845
1937 PRD$4 – $35
1937 SRD$5 – $80
1937 DRD$6 – $50
1938 PRD$7 – $37
1938 SRD$19 – $43
1938 DRD$6 – $37
1939 PRD$15 – $33
1939 DRD$17 – $47
1939 SRD$4 – $41
1939 SRB$3 – $16.50
1940 PRD$4.40 – $38
1940 DRD$4 – $40
1940 SRD$4 – $42
1941 DRD$6 – $42
1941 SRD$7.20 – $43
1941 PRD$4 – $34
1941 P Doubled Die ObverseBN$65$80 – $90$114$145$218 – $650
1941 P Doubled Die ObverseRB$275 – $833
1941 P Doubled Die ObverseRD$439 – $2,790
1942 DRD$4.70 – $26.70
1942 PRD$4.20 – $32
1942 SRD$8 – $37
1943 DBN$987,000
1943 S$0.17$0.17 – $0.22$1$1$20 – $68
1943 P$0.14$0.14$1$1$15 – $70
1943 D/D$65$75 – $85$150$215$356 – $1,990
1943 D$0.14$0.14$1$1$20 – $100
1943 P BronzeRD$1,000,000
1943 S BronzeBN$181,500$231,000$775,000
1944 D/SRB$325 – $1,540
1944 D/SRD$400 – $2,535
1944 D/SBN$42$55 – $95$126$197$293 – $850
1944 SSteel$490,500
1944 SRD$7 – $25.70
1944 D Steel$38,500 – $89,000
1944 DRD$10 – $33
1944 P Steel$34,650$44,000 – $153,000
1944 PRD$4 – $29.80
1945 PRD$4 – $31
1945 DRD$4 – $26.70
1945 SRD$3 – $26.60
1946 PRD$3 – $81
1946 DRD$2 – $32
1946 SRD$5 – $26.70
1947 SRD$2 – $40
1947 DRD$11 – $32
1947 PRD$8 – $121
1948 PRD$2 – $103
1948 DRD$10 – $37
1948 SRD$2 – $26
1949 PRD$9 – $90
1949 DRD$2 – $71
1949 SRD$6 – $27.70
1950 PRD$2 – $96
1950 DRD$3 – $67
1950 SRD$5 – $37
1951 SRD$3 – $35
1951 D DDO FS-101BN$25$27$32 – $83
1951 PRD$2 – $43
1951 D DDO FS-101RB$53 – $132
1952 PRD$4 – $92
1952 DRD$2 – $34
1952 SRD$4 – $40
1953 PRD$4 – $86
1953 DRD$3 – $40
1953 SRD$4 – $31
1954 PRD$3 – $125
1954 DRD$2 – $38
1954 SRD$7 – $27.30
1955 DRD$2 – $31
1955 SRD$2 – $25.70
1955 P Doubled Die ObverseBN$1,018$1,122 – $1,304$1,670$2,033$2,690 – $30,375
1955 P Doubled Die ObverseRD$3,500 – $104,500
1955 P Doubled Die ObverseRB$3,215 – $54,495
1955 PRD$3 – $52
1956 PRD$3 – $49
1956 DRD$3 – $29.60
1957 PRD$3 – $87
1957 DRD$1.50 – $23.90
1958 PRD$3 – $29.20
1958 DRD$3 – $21.90

These are not the exact values, as the wheat penny’s worth can fluctuate with time, depending on who buys or sells it and the actual lookup. 

5 Most Valuable Wheat Pennies 

Here is the list of the top 5 valuable wheat pennies that are worth the most in the current times. 

1943 P Bronze Wheat Penny 

1943 P Bronze Wheat Penny

The 1943 P Bronze wheat penny is one of the rarest coins, making a significant place in the hearts of numismatists. Due to the history of the 1943 steel penny, these coins hold the highest wheat penny value at the current time. 

It is an extremely rare error coin that was minted during World War II when the pennies were made with steel due to a shortage of copper. During that time, some pennies were mistakenly made with bronze (copper) that are now valued the highest among wheat pennies. 

1943 D BN Wheat Penny 

1943 D BN Wheat Penny 

For a similar reason to the 1943 P Bronze wheat penny, the 1943 D BN wheat penny is also an error coin that was mistakenly minted with bronze during the outbreak of World War II. 

Furthermore, this coin is minted in Denver, which makes it into the list of most valuable wheat pennies. 

1943 S Bronze Wheat Penny 

1943 S Bronze Wheat Penny

Another bronze wheat penny that was minted during the shortage of copper, the  1943 S Bronze wheat penny, got stuck in the San Francisco mint. These coins are very few, as the mintage rate of the San Francisco mint is the lowest among all the US mints. 

1944 S Steel Wheat Penny 

1944 S Steel Wheat Penny

The 1944 S Steel wheat penny is a famous and valuable coin whose value can range from a couple of hundreds to hundreds of thousands of US dollars. These coins were made by accidental steel getting molded in 1944 blanks, which were meant for 1943 pennies. 

1944 P Steel Wheat Penny 

1944 P Steel Wheat Penny

These pennies were also accidentally stuck when the steel designated for 1944 wheat penny blanks was unexpectedly used for 1944 pennies. This error raised the value and significance of the 1944 P steel wheat penny among collectors and enlisted this coin in the list of most valued wheat pennies. 

How to Sell Wheat Pennies?

Selling the wheat penny can be troublesome for non-informants and can result in undervaluation of your penny. Hence, we have come up with the list of steps for selling your penny at the right value. 

  • Understand the Type of your Penny: The first and foremost step is identifying the type of penny based on the year, mint mark, designation, errors, etc. 
  • Determine the Value in the Market: Once you know the type of penny you hold, it’s time to find the value in the market. Join multiple numismatic online communities to know the current value of your penny. 
  • Get your Penny Checked with Trusted Sellers: After receiving a successful evaluation of your penny, reach out to trusted sellers and get your penny thoroughly checked. They will check whether the penny is authentic or fake. 
  • Choose the Selling Option that Suits the Most: The last step is to compare the pricing of all the available options, namely local coin dealers, online marketplaces, and coin auctions. Choose the one that offers the best wheat penny worth to you. 

Wrapping Up 

The wheat pennies come into some of the rarest US pennies with values ranging from $2 to $5,00,000 and even more. Therefore, check your wheat penny worth from the valuation chart mentioned above and follow all the necessary selling steps to get the right value. 

Frequently Asked Questions
Why are the wheat pennies so famous?

The US wheat pennies are famous because they were limited minted in the US mints with the impression of Abraham Lincoln on the face. 

What is the composition of wheat pennies?

The Lincoln coins are made with copper and zinc alloy, where 95% of the material is copper. 

Who designed the US wheat penny?

Victor David Brenner is the name that designed the face and reverse of the US wheat penny. 

How much does the wheat penny weigh?

The weight of US wheat penny is as follows:

  • Pre-1943: 3.11 gram
  • Post-1943: 2.7 grams 
How to clean wheat pennies?

Use distilled water with a small amount of detergent. Properly rinse the penny with a soft cotton cloth. 

Author - Suprabha Bhosale
Suprabha Bhosale

Finance Writer

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