CoinTrackers.com has estimated the 1959 D Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $60. (see details)…
Is 1959 a wheat penny?
In 1959, the U.S. Mint changed the reverse design of the Lincoln cent from a wheat reverse to a new memorial reverse. This type of coin is referred to as a “Mule,” since all 1959 cents should have a memorial reverse design.
What is special about the 1959 penny?
The 1959 penny is special because it became the first to bear a reverse (or tails) portrait of the Lincoln Memorial. The Lincoln Memorial design replaced the famous wheat ears, or Lincoln wheat penny design that was struck on the coin from 1909 through 1958.
Why is a 1959-d penny worth so much?
It’s possible that as time goes on, coin collectors may be able to identify what pair of dies was used in striking the 1959-D penny error. If they can do this, or if one of the slabbing services like PCGS or NGC decides to certify and encapsulate the coin, the 1959-D wheat cent may become worth even more.
What’s the value of a 1959 Lincoln penny?
Even though the 1959 Lincoln Memorial Penny is a very unique and important coin in the Lincoln Cent series, its value is very low, even at really high grades. Any 1959 Lincoln Memorial Penny that is not in Uncirculated condition has no premium and is only worth face value. Value only comes to grades that are in MS-65 or higher.
Where is the date on a 1958 wheat penny?
The date can be found in the lower right part of the obverse field. “LIBERTY” is seen just to the left of Lincoln’s shoulder. The reverse shows two wheat ears that surround the words “UNITED STATES OF AMERICA” and “ONE CENT”. “E PLURIBUS UNUM” can be found centered above the main design element.
When did they stop making the wheat penny?
1958 would be the last year that the Mint would produce a Lincoln cent bearing the original wheat stalk reverse. Instead, the Mint would move to using a design of the Lincoln Memorial as the reverse design in 1959.
What is the reverse of a 1959 Lincoln cent?
As a result, all Lincoln cents dated 1959-2008 should have a memorial reverse design. In 1986, a retired police officer named Leon Baller announced that he bought a 1959-D Lincoln cent with a wheat reverse design. This type of coin is referred to as a “Mule,” since all 1959 cents should have a memorial reverse design.
