And his disputes with Chief Mint Engraver Charles Barber led to his initials being taken off his coin from 1910 to 1917, even though the penny was in popular use from 1909 to 1959! And this difference in perspective applies to coin designers as well. Uncirculated: If a coin is determined to be of Uncirculated grade, this means that it has never spent any time on the open market. The grade of a coin shows how well it has been preserved. In 1951, the San Francisco Mint made 136,010,000 Wheat Pennies with the S Mint Mark. Grades of Good, Fine, Extremely Fine, and Uncirculated are described in the Grading Section below. Striking the fewest was the San Francisco mint, continuing its historical trend. Recognize your old coins using the image links leading to value charts. Note that this error was not because of double-striking the die into the coin, because the first design would need to have been flattened. It Could Be Worth $10 Or More! Home | Site Map | User Agreement | Privacy Policy | Contact. The Lincoln wheat penny coins are made of 95% copper, and so the coins are subject to the same reactions that copper undergoes when exposed to the atmosphere. Red is considered the most valuable, while Brown is not as valued, due to it being heavily circulated. Earlier Proof Pennies were made as Matte Proofs, but after 1936, the mint introduced mirror-like reflective proofs. The raised border of the coin is called the collar, and the rims are called edges. As with any collectible coin, the price is heavily dependent on the condition of the coin. Generally, collectors value them more because of their rarity and uniqueness. Others are more interested in their investment value. These places will get you quick cash and even grade the coin for free. BUY ANY 10 UNGRADED LISTINGS AND RECEIVE A 10% DISCOUNT ! Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. The reverse (tails side) of the 1951 Wheat Penny has a pair of durum wheat stalks placed next to the edges of the coin. 1951 Lincoln Cent, PR68 Sold on Apr 28, 2016 for: $9,987.50, 4. Bright luster remains on the mint state 1951 penny image. 1958 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 3/27/2023: Gold $1969 | Silver $23.00 1958 Penny Value Matching your coin to grading images finds 1958 penny value. In front of the profile, you will find the coins production year, which is 1951 in this case. Step 2: Grading Condition - Judge condition to determine grade. 5 Most Valuable 1951 Wheat Penny Ever Sold, 1. Below is a complete list of values for every wheat penny made, save two. More than one billion Lincoln Wheat Pennies were struck in 1951, which means one-cent coins from that year are still very common today. I'm sharing this collecting experience with others through educational videos on YouTube. Surprising value is often found in the smallest of detail. This ended up with a significant loss of details on the coins. 1951 S Wheat Penny: $50: 1933 D Wheat Penny: $47: 1909 VDB Wheat Penny: $45: 1938 D Wheat Penny: $40: 1951 D Wheat Penny: $40: 1940 S Wheat Penny: $37: 1930 D Wheat Penny: $35: Collectors utilize a coin grading scale to judge the condition of a coin. Identify date, mint and condition; a wide range of values is found and identified. We look at the 1950 penny worth money. The cent was 19.05mm in diameter and weighed 3.11g. Its name is derived from President Abraham Lincoln, the first real person ever inscribed into a U.S. coin, and the second person found in a coin (the first being Lady Liberty). This is commonly seen on S coins, where the initial mint mark appears to be D, then struck again with the letter mark for S. This error makes the mint mark on these coins chunkier than it should be. The San Francisco-minted wheat pennies of 1951 take the smallest mintage, hence why it commands a higher premium than the other variations. And an MS 67 RD sold for $504 late in 2019. These areas were ounce rounded and high relief. Examples of relevant websites include eBay, Heritage Auctions, and Etsy. 1918 D Wheat Penny. Moderate toning is beginning to form on the high points of the second example. These coins have the highest value among the regular ones at the highest grades. 1925 Stone Mountain Half Dollar Value: are they worth money? Judging condition and a further assessment of strike quality identifies an appealing coin. As most coin collectors find early on during their forays into collecting Lincoln Cents, Pennies from the 1950s are generally quite common. Use a coin microscope to check. When you see FS on a coin, it could mean two things. Are wheat pennies worth anything? Coins with great grades indicate excellent conditions that help collectors know the degree to which it retains their features and attributes. I have a 1951 s penny and 1982-1982D for sale. ), Have A 2006 Colorado Quarter? With abundant supplies of circulated examples, collectors have many to choose from. Average Circulated Condition: Starting in the mid 1940's through the end of the wheat series in 1958, circulated pennies worn below the extremely fine grade are considered average circulated quality. You can buy 1951 pennies from a coin dealer. In 1909, there were only 284,000 1909 S VDB wheat pennies produced. The current auction record is $6,600 for an MS-68 RD coin. If you do, weigh and measure the coin to confirm. Production of wheat pennies, all varieties combined, was the 10th highest in 1951. This makes the coin stay at a meager value for anyone to acquire. This example is notable for mark free surfaces. A few blemishes may be present. Given its face value of one cent, grades below MS-60 do not have a high value, hovering around $0.05 to $0.28. Step one is identify and confirm the mint that struck the coin. Confirming a higher quality is the raised rim on the well struck penny. A 1951 wheat penny with no mint mark is worth around $0.05 to $2.28. Coins have tons of details, and most of them are machined onto the planchet. A noticeable difference is often the deciding factor between two coins and their appeal to a collector. Depending on the error, they can fetch quite the amount. Since the sale goes to the highest bidder, the potential for how much you can sell your 1951 wheat penny becomes relatively high. But chances are any of the Lincoln Wheat cents you've found in pocket . The 1951 wheat penny with no mint mark is worth around $0.10 in very fine condition. Immediately to the left of the Presidents image will be a raised inscription which reads Liberty. Opposite the Liberty inscription will be one that marks the 1951 year of minting. This simply means coins with higher mintage are more common to find, reducing their value. 2016 Quarter Value: are they worth money. These coins can fetch quite the price, and even more so when theyre still Red. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. How To Grade A Coin Yourself To Determine Its Value, Old Lincoln Cents You Can Still Find In Pocket Change, 43 Most Valuable Pennies Worth Holding Onto, Old Copper Pennies: Which Ones To Save & What Theyre Worth, 1982 Dime Value: See What A Rare 1982 No Mint Mark Dime Is Worth + The Value Of Other 1982 Dimes (Including Dime Errors! A 1951-D Wheat Penny graded MS 67 RD sold for just $312. Another option is to make use of Online PlatformsandAuctions. This condition is the best a coin can have in circulated form. 1951 Wheat Penny Value Values and Varieties (by Mint Mark), 1951 Wheat Penny Value Values and Varieties (by Color), Top 20 Most Valuable Old Pennies Worth Money (Penny Collection). Examples are quickly recognized as off color. All coins in this list however are. . stunning wheat penny, priced to sell - NGC listed for $55. Below that is One Cent in a prominent font, followed by United States of America. Below is a chart outlining the different values associated with 1951 Lincoln pennies of different types and grades. By the way, circulated 1951 Lincoln Wheat Pennies can be had for around 10 to 20 cents each while uncirculated examples start at around $3 each and up. High-grade examples are common until MS-65. Begin by inspected for three main features: Indications are the colors that have developed, unnatural to a circulated coin. Furthermore, while it would appear that a coin with as much demand as this one should have a higher rarity and more value, the total number of available coins is too much to increase its value. This coin also had the highest mintage for any Denver Mint cent to date, and these coins were considered to be very well-made and preserved in original rolls. Many examples from the 1950's still remain very bright with original color. These are usually worth a significant premium. Although significantly better than the good condition, a coin in this condition or with this grade shows fewer scratches and less intense discoloration. So if the coiner wobbles or twitches, the second or third strike may be askew. On the one hand, you have an option that is excellent for quick cash but will yield less, and on the other hand, you have an option that wont fetch you money right away but generally yields more value for your coin. On a coin that has a staircase on its reverse, it means Full Steps. Chances are, there are several other 1951 penny errors yet to be discovered by collectors. The highest known grade so far is a 1951-D in MS 68 RD. So, how much is an uncirculated 1956 wheat penny worth? Because of the coins high mintage of 1.04 billion, the demand does not reduce in relation to the number of available ones. Whether its many coins, or just your 1951 cent, judging each individually is important to an accurate value. Most are worth only 2 or 3 cents. For one, because there were up to 3 different types of Lincoln pennies produced each year, the exact type will have major bearing on its value. Shallow depth in profile of Lincoln's hair loses detail quickly. Click here to Learn How to use Coin Price Charts, Click here to see the Melt Value of every US Coin, 1951-S Lincoln Cent MS-63 (Choice BU) Red Brown, 1951-S RED- Uncirculated Lincoln Wheat Cent BU ( 001), 1951-S BU RED GEM BU Lincoln Wheat Cent (H-002), 33 - 1951 - S LINCOLN CENTS -- VERY GOOD -- FINE, 2 - 1951 - S LINCOLN CENTS -- VERY FINE, 1951-S Gem BU Lincoln Wheat Cent (E-547 ), 1951-S Gem BU Lincoln Wheat Cent (E-506 ), 1951-S Gem BU RED Lincoln Wheat Cent (E-505). However, he still had to change his initials from his full surname on the obverse to the letters V.D.B at the bottom of the coins reverse. A coins mintage affects its rarity and that, in turn, affects its value. The 1951 S wheat penny is worth around $0.25 in very fine condition. My other coin collecting videos are on Couch Collectibles. https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___TWITTER: @couchcollectINSTAGRAM:@couchcollectiblesFACEBOOK: @CouchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___Welcome to Couch Coin Clips the second channel for Couch Collectibles! As with all selling processes; organizing the coins in a manner a dealer can efficiently asses their worth aids in returns to you. As we mentioned at the beginning of this article, several factors affect the worth of a coin, and the 1951 wheat penny is no exception. It increases the coins worth normally by reducing the number up for acquisition, but the case is different for the 1951 wheat penny. 1952 Wheat Penny Value: Are D, S, No Mint Mark Worth Money? However, if you have a prime example of this coin, it may be worth thousands. A fully separated bow-tie, showing all edges and defined knot indicates a higher condition penny. I have a 1951 proof penny that has a die break (extra metal) on obverse Lincoln's portrait is filled with both major and subtle detail. On this coin, check the mottos. Coin collectors have shown an interest in the 1951 Denver Mint Mark Wheat Penny. There are many 1951 pennies that were incorrectly struck. There are websites where you can sell your coin and have anyone interested bid on it. Wear - removal of metal - is not indicated by toning. Related Post: 16 Most Valuable Wheat Penny Errors In Circulation. However, while Saint-Gaudens completed designs for the eagles, he couldnt submit an approved design for the cent before his death in 1907. Here's a look at how many 1950 pennies were made at each of the United States Mint facilities and how much circulated 1950 wheat pennies are worth today: 1950 penny with no mintmark (Philadelphia): 272,635,000 minted; Value: 3 to 15+ cents 1950-D penny (Denver): 334,950,000 minted; Value: 3 to 15+ cents Some newbies have noted that the Pre-Euro German Pfennig coin looks a lot like the American Wheat Penny. A 1951 (P) No Mint Mark Wheat Penny graded MS 67 RD once sold for $10,350. Lower-grade condition coins will have this chocolate brown color on their surface, which is categorized as brown (BN) coins. The Lincoln penny has been produced for an extended period of time, and is actually still in circulation to this day. My love for coins began when I was 11 years old. And if so, what would be the approximate value? For now, lets accurately assess the most recent 1951 Wheat Penny Value. James Earl Fraser, the designer of the Indian Head nickel, created a new design to replace the current Lincoln penny. Source: USA . Click here to Learn How to use Coin Price Charts. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. A 1951 (P) Proof 65 RD DCAM sold for $1,500, and at least one PF 67 RD Ultra Cameo was graded by NGC. A circulated 1951-D penny is considered above average if lightly worn and crisp in definition. ! Later, they were sold directly to collectors to earn extra revenue for the mint. The visual difference is due to a weaker strike. "S" Mintmark Under Date: San Francisco Mint Struck the Coin. Standing out is the quick rise in value beginning with the Extremely Fine condition. Value is further refined by condition of a coin. He brought in commercial artists to get the job done, and they clashed a lot with mint experts. A good indication of moderated wear is the flat and level surface now displayed along the jaw and cheek. Very fine- Lincoln's jawbone and cheekbone are worn but still separated. Other rare and valuable 1951 pennies are those that contain errors and varieties, such as: Doubled dies Repunched mintmarks Off-center strikes But on an error coin, its a First Strike, meaning the error was validated within 30 days of the coins initial release. Type: Wheat Penny If you need to find out how much 1941 wheat pennies are worth, you've come to the right place! With one in extremely fine condition selling for around $0.05, it falls in the category of low-value coins. 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. As its name implies, this error causes a D impressing on the S of the wheat penny. In extremely fine condition the value is around $0.30. If it occurs on the obverse, its a DDO but appearing on the reverse makes it a DDR. Absolutely! The error is worth $146 in MS 65. One of the inscriptions reads United States of America while the other marks the One Cent face value. Like most doubling errors, the best place to spot it is on the numbers and letters, though pennies from some years exhibit doubling on Lincolns eye or ear. They include the coins grade, demand for it, its rarity or abundance, and whether it carries an error or not. On occasion, coins from one mint are transported to another mint for recycling or to cover a shortfall. Ample production from the Philadelphia mint finds this variety Abundant on the rarity scale. With popularity of collecting the wheat series and including all date and mint combinations, demand exist for these. Then-President Theodore Roosevelt wanted to honor his fellow Republican so he enlisted the help of Victor David Brenner, who had designed a plaque of Lincoln before, for the design of the cent. Stages of wear are identified and a grade is determined. The 1951 S penny has a similar price for lower-grade conditions with the other pennies, although they have a higher price for MS-60 coins and higher. A couple precautions helps preserve the future condition of the coin. The current auction record is $10,350 for an MS-67 Red coin. MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. Click here to Learn How to use Coin Price Charts, Click here to see the Melt Value of every US Coin, US United States of America 1 Lincoln Cent 1951 D km A132, 1951d Lincoln Wheat Cent. These coins can fetch quite the price, with an AU-50 coin of this error costing around $700. Another way that in-house engravers can make and save money is to choose designs that need fewer strikes because theyre quicker to coin and the dies last longer. With three facilities minting the coin in huge numbers, it is no surprise that it ended up with a high mintage. And that means they're still available in relatively high numbers today. Unfortunately, the San Francisco Mint ran its dies too long, which they had to repolish too much. You should be able to find an example in Proof 63 for around $75. Uncirculated coins with a grade of MS-65RB can sell for around $2. 1951 Quarter Value: are D, S, No mint mark worth money? With this higher count, they also have a higher survival count of around 62 million. This error happens when the D mintmark gets punched on the coin multiple times. Both remain bold. The obverse (heads side) of the 1951 Wheat Penny has a profile of Abraham Lincoln facing right. 1949 Wheat Penny. The doubled die error refers to the doubling of certain design elements on the coin. Its written as D over D aka D/D and is worth $10 in AU 58. Whats more, there are relatively few die variations for Lincoln Cents of the decade. It had a smooth or plain edge without any reeds. The Philadelphia Mint made 284,576,000 Wheat Pennies in 1951, including proofs. The blanks were then struck using specially treated die chemicals to keep the field shiny and the device frosted. Any words on the coins are called mottos or legends. When President Theodore Roosevelt took steps in 1904 to make several United States coins more artistic and aesthetically pleasing, he sought to hire Augustus Saint-Gaudensto redesign the cent, the double eagle, eagle, half eagle, and quarter eagle. Reading the value chart shows the increase in desirability of higher condition coins. Coins with the highest contrast between the device and the field are graded Deep Cameo or Ultra Cameo. Most 1951 wheat penny coin errors are found on Denver-minted coins, given that they produced the most coins. Youll find that most errors are present on the 1951 D pennies. Data from examples of sold 1951 wheat pennies show that they sell for way more than their theoretical value. The 1951 Wheat Penny was 95% copper, and that 5% balance was either tin or zinc, though the mint would sometimes combine both base metals. To achieve these goals, in-house engravers will sketch simple designs with low relief so theyll imprint in one or two strikes. 1916 S Wheat Penny. There were 57,500 proof coins minted. The error is not readily seen, but you can check the D mint mark and look for some extra impressions that offset the supposed design. "D" Mintmark Under Date: Denver Mint Struck the Coin. Lincoln Pennies were struck at all three mints operating in 1951. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Previous year: the 1941 Lincoln Wheat Penny As values climb higher many additional factors are used to decide the grade and worth. 1951 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 3/6/2023: Gold $1856 | Silver $21.22 1951 Penny Value Matching your coin to grading images finds 1951 penny value. Theyre also found in coin jars, old coin collections, estates, and other places. These coins had that distinct copper tone graded RD for red (best grade), RB for reddish-brown, or BN for brown. Real Helpful. Are you concerned the precious metals train has left the station without you. The wheat heads are not worn. 1963 Dime Value: are D, No mint mark worth money? The current auction record is $4,230 for an MS67+ RD coin. All Rights Reserved. Well-worn 1943 steel pennies often trade for 5 to 10 cents apiece in well-worn condition. We do not buy or sell precious metal. Others prefer to buy a full set with one specimen from each mint in that particular year. If you are talking about collectors, the biggest thing that must be taken into consideration is the condition a coin is in. 1950 Wheat Penny Value. If there is a D mint mark, it was minted in Denver. Under the denomination are the words UNITED STATES OF AMERICA, with the famous motto E PLURIBUS UNUM along the coins top. Similar to your 1920 penny, your 1951 penny is also worth a few cents in circulated condition. Now lets review one that appears on the 1951-D Wheat Penny. Collectors having many to choose from, seek eye pleasing examples. Face Value: $0.01 Most circulated coins will have enough time and exposure to oxidize their entire surface. Worn 1951 wheat pennies are generally worth less than 25 cents. Value: The value ranges from $1.25 to about $900. Good: A 1951 Lincoln penny receiving a Good grade is one that was likely heavily circulated and heavily damaged as well. 1952 Wheat Penny I primarily collect and study U.S. coins produced during the 20th century.