$1.45. 1,053,478,300 coins were struck in the last year of the mintage. The value of a coin is based on the qualities discussed above. This is what made them the preferred coins for people looking for coins in mint state condition. You may also find that the 1958 date slightly doubles, although not very pronounced. Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Is this error? Since new coins were getting into circulation the following year, many of these coins did not get into circulation. Home Forums > CoinTalk > What's it Worth > 1958 D wheat penny. A 1933-D, for example, may be valued at $2.30 or more. Whether youre looking for the value of a regular 1958 wheat penny or 1958-D penny, or youre trying to figure out what a 1958 doubled die penny looks like so you can tell if you have one of these rare wheat pennies youve come to the right place! Given the popularity of collecting Lincoln Wheat cents, there will always be a demand for quality coins. $13.99. Like most coins, the Philadelphia mint also minted 875,652 Lincoln-proof pennies in 1958. a 1957-D Wheat Penny Worth The most valuable example of the 1958 doubled die penny sold for $1,136,250 in a January 2023 auction. Lincoln Wheat Penny Values WebOn January 22, 2023 GreatCollections Auctions sold a PCGS MS65 Red example, which realized $1,136,250 with the buyer's premium. During the grading process, the coin is compared to descriptions and images. The die is doubled from an error in the rubbing process. 1958 Lincoln Wheat Cent : Doubled-Die Obverse I'm sharing this collecting experience with others through educational videos on YouTube. 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. Therefore, the 1958-D tends to come in much better quality. $3,360 Therefore, the 1958-D tends to come in much better quality. Also, click here to Any wheat penny is worth at least 4 cents to most dealers. Investing in these coins requires patience, as prices will likely not climb any time soon. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. In extremely fine condition the value is around $0.12. Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Valora y Vende Monedas Valiosas a Coleccionistas de Monedas We look at valuable mint error coins that you should know about when coin roll hunting from the bank. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! The Denver version of the 1958 wheat penny had a D mintmark just under the date. The frosted 1958 Proof Lincoln Coins have a higher value than the ones with a reflective surface. The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. Web1958 D Lincoln Wheat Penny DDO $800.00 $5.25 shipping or Best Offer 1958D wheat cent monster toned unc us Coin Lincoln wheat penny #243 $1.25 2 bids Free shipping 4d 10h 1958D wheat cent monster toned unc us Coin Lincoln wheat penny #224 $0.06 2 bids Free shipping 5d 9h MS66 RD 1958-D Lincoln Wheat Cent Penny NGC Special Label *0670 Valuable Doubled Die Quarters That You Can Find In Pocket Change! The value of most pennies depends on the coins features, including mintmark, rarity, date, and condition. Find Out Here. Web1958-D penny (Denver mintmark under the date) 800,953,300 minted, 5 to 10+ cents. Lincoln Wheat Penny If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. WebDo you have a 1958 Penny Worth A LOT of Money? Want to know what its worth? 1958 D wheat penny This perfect round coin weighs around 3.11 grams and has a diameter of 19 mm. $2.99 shipping. 1958 D Wheat Penny Finally, the collector should check on other features that may degrade or enhance the coins value. The consent submitted will only be used for data processing originating from this website. Each DDO error coin has a doubling of the words IN GOD WE TRUST and LIBERTY at the front of the coin. The uncirculated coin has a delicate luster. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Below we discuss the types of 1958 wheat pennies produced and their prices. Most coins widely distributed over the years have a brown tone. WebUSA Coin Book Estimated Value of 1958-D Lincoln Wheat Penny is Worth $0.06 in Average Condition and can be Worth $0.34 to $1.16 or more in Uncirculated (MS+) Mint Condition. These two are likely to be in short supply as the years go down. The reason for the low value is the fact that these coins are readily available. PCGS The Standard for the Rare Coin Industry. Uncirculated 1958 pennies are worth more. WebThe 1958 wheat penny with no mint mark and the 1958 D wheat penny have similar values. The 1958-D Lincoln cent is the last wheat Lincoln cent struck at the Denver Mint. However, the latter has a high value, as there are very few instances of die doubling. 1958 D 1930-1939 Lincoln Wheat Penny LOT of 10 Coins Varying conditions. Real Experiences. Web1958 D Wheat Penny Value Type: Lincoln Wheat Penny Edge: Plain Mint mark: D Place of minting: Denver Year of minting: 1958 Face value: $0.01 (one cent) $ price: $0.01 to $2,400 Quantity produced: 800,953,300 Designer: Victor David Brenner The mint facility at Denver produced more than three quarters of all the cents minted in 1958. 1958 Doubled Die Obverse Wheat Penny MS64RD - Sold for $336,000 in March of 2018; 1909 VDB VDB Proof Wheat Penny PR67+ - Sold for $258,500 in August of 2014; 1943 Lincoln Cent (Wheat Reverse) AU58 - Sold for $218,500 in January of 2010; 1944 Steel Wheat Penny MS64 - Sold for $180,000 in June of 2021; An average uncirculated specimen (MS-63) will cost about seventy-five cents. Enter minimum price to. Although market prices have eased over the last few years, this renewed interest has kept values and prices pretty stable over time. 1958 This variety of 1958 pennies is classified as abundant in the coin rarity scale and affordable. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! An example of data being processed may be a unique identifier stored in a cookie. The original coin has a bright luster. Real Helpful. Or, what looks like a 1958 penny error might also be die deterioration doubling which is caused by excessive overuse of dies, die preparation errors, or other problems. This mint struck 800,953,300 of the D mint wheat pennies. Real People. However, Lincolns cheek, jaw, and coat line remain rounded despite having a touch of flatness. 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. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! 1958 D Wheat Penny Value (Up To $2,880!) Click here to Learn How to use Coin Price Charts. This year the Denver Mint did a much better job at producing nicer coins compared to the previous years. This video shows what a real 1958 doubled die penny looks like:The $100,000.00 1958 Doubled Die Obverse Lincoln Cent Rare Variety PennyWatch this video on YouTube. Like the Philadelphia mintage, many of these coins remain in mint condition as they were struck at the end of the design. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. The date and mintmark variety is the first value pointers to look for, followed by the grading condition. These coins had a mint finish and lasted longer than any other coins in circulation. Click here to Learn How to use Coin Price Charts. 76 sold. Some of the areas that collectors check for wear on this coin is at the D mintmark and the lines on wheat stalks at the reverse side of this coin. The good news is even circulated 1958 pennies with regular wear and tear are worth more than face value! 1958 Wheat Penny Value 1958 D Penny Value In MS65 condition they are now abundant. Read more in our privacy policy. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 1958 Do you have a 1958 Penny Worth A LOT of Money? This year the Denver Mint did a much better job at producing nicer coins compared to the previous years. Each coin is worth around $0.10 in very fine condition. WebThe 1958-D Lincoln cent is the last wheat Lincoln cent struck at the Denver Mint. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. WebThe 1958 D Wheat Penny is worth between .15 cents and .60 cents on average. $1.08 shipping. If you buy thru these links, we may earn a commission at no additional cost to you. 1958 Wheat Penny Value How Does DDO Error Coin Differ from Machine doubled Coins? Manage Settings Besides, most of the coins in circulation did not wear out as much as those made years ago. Continue with Recommended Cookies. The higher the number, the more rare the coin. Designed by Victor D Brenner, the 1958 Wheat Penny was the last minted wheat penny. We and our partners use cookies to Store and/or access information on a device. In A recap of the wheat penny series 1909 to 1958 saw mintage totals of all varieties amounting to 25,787,656,675 coins. *Values for the 1958 wheat penny and the 1958-D penny correspond to problem-free coins that have not been cleaned or otherwise damaged and are in average circulated condition. or Best Offer. $2.99 shipping. If youre wondering what exactly the difference is between a doubled die coin and a machine doubled coin, heres what you need to know: Most photos of supposed 1958 doubled die pennies submitted here show very slight machine doubling. Yes 0 vote(s) 0.0% No 0 vote(s) 0.0% Multiple votes are allowed. ? 1,053,478,300 coins were struck in the last year of the mintage. Most pennies post-WWII start to see a dramatic decline in value, that really ushered in a true boom period for the American economy, and more currency was being produced. A 1958 Wheat penny represents an iconic US coin. However, the proof coin, especially the frosted type, in mint condition can fetch up to $10 each, with the double die error coin going for between $131,237 and $214,211! In MS67 condition they are also much easier to find and there are plenty out there for collectors to choose from. On the other hand, highly fine-graded coins have light but noticeable wear, the hair behind the Lincoln temple is slightly flattened, and the jaws and cheeks have a smooth texture. However, a coin that is moderately circulated has a warm toning. Heres what 1958 Lincoln cents are worth, including the collectible 1958 proof pennies: *Values for the 1958 wheat penny and the 1958-D penny correspond to problem-free coins that have not been cleaned or otherwise damaged and are in average circulated condition. Is this the rare penny. Read on to find out what your 1958 wheat pennies are worth and to see if youve got a legit 1958 doubled die penny. SHOP 1958 WHEAT PENNY ON EBAY This perfect round coin weighs around 3.11 grams and has a diameter of 19 mm. Free shipping. We look at valuable mint error coins that you should know about when coin roll hunting from the bank. Lincoln Penny (1909-1958) Value This 1958 error penny worth more than $1 million was graded MS65RD by Professional Coin Grading Service and is one of the most valuable pennies around.. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. 1958 Wheat Penny Value, Mint Types Maybe youve found a 1958 wheat penny and you think it might bethe rare and valuable 1958 doubled die penny. It is made of 95% copper, with the rest being tin and zinc. Regina D Mcmullen Member. WebUSA Coin Book Estimated Value of 1958 Lincoln Wheat Penny (Doubled-Die Obverse Variety) is Worth $137,743 to $224,831 or more in Uncirculated (MS+) Mint Condition. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. When locked, you will be scrolled directly to this table for all coins. WebIn almost uncirculated condition these 1958-P usually resells for $3-$7 while the 1958-D usually resells for $1.50-$3. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). These coins also have a flat rim, unlike the regular cents that have a rounded one. 1958 was a busy year! The extremely fine-grade coin goes for about $5, while the widely circulated coin goes for around $0.02. Some 1958 penny errors may have resulted from the overuse of dyes or inadequate preparation, which led to deterioration. Just a handful of these coins are said to have been created. you have a 1958 Penny Worth A LOT On the other hand, the DDO error comes from mistakes in the hubbing process. 1958 Penny Value Feel free to view my other coin videos here on YouTube. Wheat Cent Lot 1909-1958 50 Vintage Coins PDS Steel USA. There is a rarer version of the proof Lincoln coins, which has frosted lettering and designs compared to the others, which have a highly reflective surface, although a little toned from years of circulation. In uncirculated condition the price is 1958 D Wheat Penny value Wheat They had a grainy feel at the time of their making and looked like uncirculated, new coins. WebLincoln Pennies (1909-1958) The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. Besides, Lincolns cheek and jawline and coat line are not worn out. If youve found a 1958 penny in your pocket change, then its probably pretty well worn. Discussion in 'What's it Worth' started by Regina D Mcmullen, Apr 30, 2023 at 2:38 AM. Check your inbox or spam folder to confirm your subscription. Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. 1958 Wheat Penny 1909 S VDB Penny (Shop eBay) Lincoln Penny Errors (Shop eBay) Walking Liberty Half Dollar (Shop eBay), 2021 Morgan Silver Dollar Value, Release Date, Mint Mark, 1944 Steel Penny Value, Best Grades, Mint Types, 1981 Quarter Value, Error List, & Investment Outlook, 1957 D Wheat Penny Buyers Guide, Value, Errors, 10 Most Valuable Wheat Pennies Worth In 2023, 1951 D Wheat Penny Value, Top Varieties, Errors, & Outlook, 1928 Buffalo Nickel Value, Mint Types, Errors, 1920 Wheat Penny Value (No Mint Mark?) Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Philadelphia represents 14,001,287,771 pennies of the total. Sponsored Ads. Value of a 1957-D Wheat Penny A collector of limited means can reasonably obtain uncirculated examples with full mint-red color up through MS-66 Red. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index.