Pricing the 1956 Lincoln Penny Because there were up to 3 different types of Lincolns produced each year, the type and its scarcity will help determine the value. Secondly, the grade of the coin means everything as coins in great condition will be more valuable than those that have been heavily worn.
What is the error on the 1956 wheat penny?
The 1956 D Lincoln Wheat Cent (Penny) actually has a variety of repunched mintmark (RPM) errors of all sorts. One of the more major errors is the D above a “shadow” D mintmark. The best way to identify this error is to notice a very subtle but clear “D” located fully under the primary “D” mintmark.
How much is a 1956 D wheat penny worth?
Combining the rarity of the error with an extraordinary quality can lead the wheat penny to be worth up to 1000 dollars. There are of course more errors on the 1956 Wheat Penny minted at the Denver Mint. For example, double mintages exist elsewhere on the coin and although less conspicuous than the double D – they also increase its value:
When was the first wheat penny minted?
beta login | join beta. The wheat penny is a classic iconic early 21st century American coin with a face value of 1 cent that was minted from 1909 to 1956. On a personal note we just love searching penny rolls for wheat and indian head pennies.
How much is a Lincoln wheat penny worth?
Unfortunately, the vast majority of Lincoln Wheat pennies found in circulation, inherited folder collections, or in jars of old coins are worth less than 10 cents apiece.
What’s the error on the 1956 one cent coin?
The Denver Mint has a peculiarity on the 1956 one-cent coins, and that is that they may have the “Double D” error. What is the Double D error? It is a double coinage in the letter indicating the mint (Denver), which as we already know is the letter “D”. We can therefore observe it under the year of the coin, on the obverse.
