The 1958-D Lincoln cent is the last wheat Lincoln cent struck at the Denver Mint. Also, click here to Learn About Grading Coins. Therefore, the 1958-D tends to come in much better quality. Here are a few things that were going on when your 1958 penny rolled off the presses: In addition to the links Ive included above, here aresome otherresources to help you understand the value of your 1958 penny: Stay up to date with everything about U.S Coins, We dont spam! How Does DDO Error Coin Differ from Machine doubled Coins? The value of a coin is based on the qualities discussed above. Enter minimum price to. Sponsored Ads. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services. 01-14-2019 Heritage Auctions. 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. The frosted 1958 Proof Lincoln Coins have a higher value than the ones with a reflective surface. 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. Yes 0 vote(s) 0.0% No 0 vote(s) 0.0% Multiple votes are allowed. Any wheat penny is worth at least 4 cents to most dealers. Find Out Here. A 1958 Wheat penny represents an iconic US coin. Do you have a 1958 Penny Worth A LOT of Money? WebThe 1958 D Wheat Penny is worth between .15 cents and .60 cents on average. Discussion in 'What's it Worth' started by Regina D Mcmullen, Apr 30, 2023 at 2:38 AM. 1,053,478,300 coins were struck in the last year of the mintage. In NOTE: Some mistakenly call it a 1958 double die penny but that term is incorrect, as the image on the die is being doubled during the hubbing process.The phrase double die implies there are 2 dies somehow involved with this error variety which is not the casewith a doubled die coin. During the grading process, the coin is compared to descriptions and images. The original coin has a bright luster. 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 value of most pennies depends on the coins features, including mintmark, rarity, date, and condition. 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. 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! Want to know what its worth? US Mint. I'm sharing this collecting experience with others through educational videos on YouTube. 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. They differ in Suffix, Minor Variety, and Die Variety only. 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.. These coins had a mint finish and lasted longer than any other coins in circulation. Therefore, the 1958-D tends to come in much better quality. 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. Like most coins, the Philadelphia mint also minted 875,652 Lincoln-proof pennies in 1958. WebLincoln Pennies (1909-1958) The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. We and our partners use cookies to Store and/or access information on a device. Maybe youve found a 1958 wheat penny and you think it might bethe rare and valuable 1958 doubled die penny. Valuable Doubled Die Quarters That You Can Find In Pocket Change! An example of data being processed may be a unique identifier stored in a cookie. $12.99. 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. Sure, its possible you may have found the 4th but its highly unlikely. However, most have turned brown over the years and lost the matte luster. Home Forums > CoinTalk > What's it Worth > 1958 D wheat penny. Wheat Cent Lot 1909-1958 50 Vintage Coins PDS Steel USA. The date and mintmark variety is the first value pointers to look for, followed by the grading condition. Like the Philadelphia mintage, many of these coins remain in mint condition as they were struck at the end of the design. Lower numbers indicate rarer coins. This post may contain affiliate links. Im the Coin Editor here at TheFunTimesGuide. However, the mint-condition coins are fewer than those of the Philadelphia mint. Feel free to view my other coin videos here on YouTube. 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). 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. This mint struck 800,953,300 of the D mint wheat pennies. Is this error? Uncirculated 1958 pennies are worth more. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. WebThe 1958-D Lincoln cent is the last wheat Lincoln cent struck at the Denver Mint. Perhaps youve heard about the valuable and rare 1958 doubled die pennythats worth more than $150,000 and want to know if your 1958 penny is also a doubled die coin. I primarily collect and study U.S. coins produced during the 20th century. Come along and join me on this exciting journey by subscribing right now as we look at the most valuable toy collectibles and rare coins that you could find at yard sales, flea markets and garage sales!MUSIC USED ON CHANNEL CREATED BY: Alan Walker, Kevin MacLeod, Marcus, Maxzwell, Doc Hollywood, Breakfast at Tiffanys Instrumental, Party Drug Instrumental, Partner In Crime Instrumental.DISCLAIMER: Some non affiliate links may have been used throughout the video creation process of this content.#coin #money $2.99 shipping. Some 1958 penny errors may have resulted from the overuse of dyes or inadequate preparation, which led to deterioration. 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. $1.08 shipping. This variety of 1958 pennies is classified as abundant in the coin rarity scale and affordable. Real Helpful. 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. If you wish to invest in a 1958 wheat penny, consider buying one in excellent condition or the frosted coin in mint condition. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. ? Free shipping. An average uncirculated specimen (MS-63) will cost about seventy-five cents. Designed by Victor D Brenner, the 1958 Wheat Penny was the last minted wheat penny. 1930-1939 Lincoln Wheat Penny LOT of 10 Coins Varying conditions. 76 sold. However, one that was in near-perfect condition sold at auction recently for $150, so you just never know! 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! 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. This year the Denver Mint did a much better job at producing nicer coins compared to the previous years. The Philadelphia mint struck this 1958 Lincoln Penny, with no mintmark. The reason for the low value is the fact that these coins are readily available. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! 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. WebOn January 22, 2023 GreatCollections Auctions sold a PCGS MS65 Red example, which realized $1,136,250 with the buyer's premium. In extremely fine condition the value is around $0.12. The 1958 DDO error coin is the rarer of the wheat penny coins. Consequently, it is the most valuable of the coins, with one costing as much as $150,000! A recap of the wheat penny series 1909 to 1958 saw mintage totals of all varieties amounting to 25,787,656,675 coins. 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.. However, Lincolns cheek, jaw, and coat line remain rounded despite having a touch of flatness. Also, click here to 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 These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Although market prices have eased over the last few years, this renewed interest has kept values and prices pretty stable over time. 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. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! 1958 was a busy year! WebThe 1958 wheat penny with no mint mark and the 1958 D wheat penny have similar values. WebIf you decide to buy 1958 Pennies from a coin dealer, you shouldnt need to pay much more than 10 to 25 cents for a circulated example and $1 for a blazing uncirculated specimen. SHOP 1958 WHEAT PENNY ON EBAY This perfect round coin weighs around 3.11 grams and has a diameter of 19 mm. Have a 1958 penny? Web1958 D Penny Value (1 - 17 of 17 results) Price ($) Any price Under $25 $25 to $250 $250 to $500 Over $500 Custom. When locked, you will be scrolled directly to this table for all coins. Each DDO error coin has a doubling of the words IN GOD WE TRUST and LIBERTY at the front of the coin. A 1933-D, for example, may be valued at $2.30 or more. Uncirculated 1958 pennies are worth more. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Real Experiences. The higher the number, the more rare the coin. The consent submitted will only be used for data processing originating from this website. Given the popularity of collecting Lincoln Wheat cents, there will always be a demand for quality coins. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. 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?) Denver struck 9,030,527,900 and San Francisco minted 2,755,841,004. You may also find that the 1958 date slightly doubles, although not very pronounced. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Since new coins were getting into circulation the following year, many of these coins did not get into circulation. This perfect round coin weighs around 3.11 grams and has a diameter of 19 mm. PCGS The Standard for the Rare Coin Industry. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. We also present investment advice to provide coin collectors with a way of reflecting on their potential future value. It is easy to get the 1958 Penny no with mintmark coins with above-average condition or just a few traces of wear. Just a handful of these coins are said to have been created. WebOld Indian Head/ Wheat Cent Rolls 1909-1958-50 P D S Coins Steel USA. Is this the rare penny. Most coins widely distributed over the years have a brown tone. or Best Offer. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. Real People. The extremely fine-grade coin goes for about $5, while the widely circulated coin goes for around $0.02. You could also buy a roll of uncirculated 1958 Pennies which usually sell for about $3 to $5 from many coin dealers. $2.99 shipping. The Denver version of the 1958 wheat penny had a D mintmark just under the date. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. My love for coins began when I was 11 years old. MS67+RD Join Level 2 for me to review your coin images:https://www.youtube.com/channel/UC7q1Z-AFXwTVB6gmPVHYzlA/join https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___________________________TWITTER: @couchcollectINSTAGRAM: @couchcollectiblesFACEBOOK: @couchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___________________________Welcome to Couch Collectibles formerly known as Couch Coins! A machine-doubled coin (mechanical or shift doubling) is when the die shifts slightly as the coin is struck. The most valuable example of the 1958 doubled die penny sold for $1,136,250 in a January 2023 auction. 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. The uncirculated coin has a delicate luster. Below we discuss the types of 1958 wheat pennies produced and their prices. We look at valuable mint error coins that you should know about when coin roll hunting from the bank. If youve found a 1958 penny in your pocket change, then its probably pretty well worn. PCGS is not responsible for the accuracy or authenticity of Ebay listings. Manage Settings *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. In MS66 grade there are many examples available and many of them being high end for the grade. The die is doubled from an error in the rubbing process. 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. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. The value of most pennies depends on the coins features, including mintmark, rarity, date, and condition. Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Enter maximum price Rare 1958 D Wheat Penny ad vertisement by ancientANDcopper. Besides, most of the coins in circulation did not wear out as much as those made years ago. They had a grainy feel at the time of their making and looked like uncirculated, new coins. These two are likely to be in short supply as the years go down. If your 1958 wheat penny is in Extremely Fine condition, it is worth about thirteen cents, and Uncirculated wheat pennies from this year are worth from about 33 cents to $1.13, depending on how pristine it is. Ad vertisement from shop ancientANDcopper. 1,053,478,300 coins were struck in the last year of the mintage. Read on to find out what your 1958 wheat pennies are worth and to see if youve got a legit 1958 doubled die penny. 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! WebDo you have a 1958 Penny Worth A LOT of Money? Web1958-D penny (Denver mintmark under the date) 800,953,300 minted, 5 to 10+ cents. 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. On the other hand, the DDO error comes from mistakes in the hubbing process. 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. However, the latter has a high value, as there are very few instances of die doubling. Click here to Learn How to use Coin Price Charts. WebIn almost uncirculated condition these 1958-P usually resells for $3-$7 while the 1958-D usually resells for $1.50-$3. If you buy thru these links, we may earn a commission at no additional cost to you. 1958 D Wheat Penny Value (Up To $2,880!) Click here to Learn How to use Coin Price Charts. 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; Lower numbers indicate rarer coins. Check your inbox or spam folder to confirm your subscription. This helps determine the amount of wear that has occurred on the surface. Errors & Mintmarks Ral Antol Updated 22 Feb, 2023 6-8' Reviewed by Javier Mercado Fact Checked xThe article has It results from some loose parts in the minting process. Regina D Mcmullen Member. However, a coin that is moderately circulated has a warm toning. Finally, the collector should check on other features that may degrade or enhance the coins value. It is made of 95% copper, with the rest being tin and zinc. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Besides, Lincolns cheek and jawline and coat line are not worn out. Philadelphia represents 14,001,287,771 pennies of the total. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. The former type of coins does not have any additional value to collectors. Continue with Recommended Cookies. In uncirculated condition the price is Investing in these coins requires patience, as prices will likely not climb any time soon. References. At the time, this was a world record price for a1958 Doubled Die Lincoln Cent. Sealed Wheat Penny Roll! The $100,000.00 1958 Doubled Die Obverse Lincoln Cent Rare Variety Penny, See Which Old Pennies Are The Most Valuable, Old Copper Pennies: Which Ones To Save & What Theyre Worth, A List Of 43 U.S. Pennies Worth Holding On To, 1970 Penny Value: What Are 1970 Pennies Worth? In most cases, when someone finds what appears to be a 1958 error penny, they actually have a coin with mild strike or machine doubling which is not the same as a doubled die. Only 3 are known to exist, making this an extremely rare error coin. The good news is even circulated 1958 pennies with regular wear and tear are worth more than face value! $1.45. Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. In MS65 condition they are now abundant. These coins also have a flat rim, unlike the regular cents that have a rounded one. We look at valuable mint error coins that you should know about when coin roll hunting from the bank. Read more in our privacy policy. This year the Denver Mint did a much better job at producing nicer coins compared to the previous years. In MS67 condition they are also much easier to find and there are plenty out there for collectors to choose from. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Each coin is worth around $0.10 in very fine condition. $13.99. 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! This is what made them the preferred coins for people looking for coins in mint state condition. $3,360 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.
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