This Lincoln Wheat Penny Could Be Worth $150,000 – And You Might Holding in Your Pocket

The coin collection is not just a hobby but an opportunity to get millions of dollars. The rare and vintage coins can be worth millions of dollars based on their condition and significance with regards to the historical facts it is associated with. The Lincoln Wheat Penny is one such rare American currency coin which entails a value of up to $150,000 and even more. It is due to the fact that these coins were minted during World War II and are the result of an error that led to these pennies being minted in bronze instead of the steel which was the standard at that time. The fact and conditions that are associated with these Lincoln Wheat Pennies makes them very rare and are eagerly sought after by the collectors. These pennies are also referred to as the 1943-D Lincoln Wheat Penny.

Lincoln Wheat Penny Could Be Worth $150,000

There is no doubt that the Lincoln Wheat Penny can fetch a great price but there are various factors that affect how much the price will be. The condition of the Lincoln Wheat Penny is the foremost among the factors that requires the penny to be in pristine condition and with minimum scratches or any wear and tear damage. The better the condition the pricier it will be and for such a price it needs to be preserved with utmost care. Further, the grading of such vintage coins also affects the price of the penny as a collectible item. There are grading services such as PCGS and NGC that examine and value the worth of a collectible coin. Additionally, if there is any manufacturing error in the Lincoln Wheat Penny then it will further increase the price. Such errors include double date impressions, misprints or any such manufacturing error that boosts the rare-quotient of the collectible.

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There are two instances where the Lincoln penny was worth more than $100,000 million. Firstly, a 1943-D Bronze Planchet Lincoln Penny was sold at a staggering price of $1.7 million which was in an auction held in 2010. Secondly, a 2001-D Lincoln Penny was auctioned with a “Roosevelt Dime Reverse” or the “mule error” at a price of $114,000. So the question arises what makes collectors pay such high prices for a Lincoln Penny. The answer is simply the associated lineage and rarity of these Lincoln Pennies. The condition of a collectible has a very huge impact on its value and therefore only the manufacturing errors acts a boost to the value of a collectible and any wear and tear can significantly diminish the value associated with the collectible. The Lincoln Penny with no damage, preserved details and pristine shine will fetch the highest price.

Lincoln Wheat Penny Could Be Worth $150,000 Overview Details

Title	This Lincoln Wheat Penny Could Be Worth $150,000 – And You Might Already Have One
Country	The United States of America
Item	Lincoln Wheat Penny that were minted in 1943
Value	Up to $150,000
Associated with	World War II
Elements	Bronze Planchet, Wheat Insignia and Lincoln’s face on either side

Understanding Lincoln Wheat Penny

These Lincoln Wheat Pennies happened to start being minted in the year 1909 when the U.S. Mint decided to mint pennies with a Abraham Lincoln Face on them. This penny was designed by Victor David Brenner and had Lincoln on the front and two stalks of wheat at the back which gave it the name Lincoln Wheat Penny. This was the first instance when the former president of the U.S. was featured on a U.S. coin. The Lincoln Wheat Pennies continued to be minted till the year 1958 and during this period there were certain manufacturing errors that are now worth millions of dollars. The use of bronze metal and other manufacturing errors along with the fewer numbers make these 1943’s Lincoln Wheat Pennies so highly valued collectibles.

Are any other Lincoln Wheat Penny could be worth $150,000?

There are few other Lincoln Wheat Pennies that can be sold at very similar prices if not more. These other Lincoln Wheat Pennies are as follows:

• 1909-S VDB Lincoln Wheat Penny : It is known for its designer initials and can fetch a good price if found with well-preserved condition.
• 1914-D Lincoln Wheat Penny : It is mainly known for the very limited amount of minted lot of these pennies and therefore these are extremely rare.
• 1922 “No D” Lincoln Wheat Penny : It is known for the manufacturing error wherein the insignia denoting the associated mint was missing from the coin i.e. letter “D” for Denver.
• 1931-S Lincoln Wheat Penny It is also greatly sought after due to the limited units being minted originally and hence one of the rare ones.

What can be done to find a Lincoln Wheat Penny Worth $150,000?

Well to be honest there isn’t much that can be done here; it is just a matter of being the lucky ones that happened to stumble upon any Lincoln Wheat Penny while going through the old stuff hidden in some closet of the grandparents. Other than that only the ones who intentionally preserved these rare Lincoln Wheat Pennies will be the ones who will make a sure profit for their efforts. There are plenty more rare collectible worthy coins that can be sought after that are associated with major events and can be of great value if not the same as Lincoln Wheat Pennies.

The people who find coin collecting interesting can indulge in seeking vintage coins or collecting any probable collectible worthy coins so that in the coming future they can reap the benefits of their hard work while enjoying the process of knowing about these rarities and the methods to fetch a good price for such collectible items.

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