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1956 d wheat penny value

Let’s say you’ve got a regular 1956 wheat penny — one that you found in pocket change with moderate wear and no signs of errors or anything else unusual about the coin. "D" Mintmark Under Date: Denver Mint Struck the Coin. 1956 was a busy year! The Denver mint set a record in 1956, striking 1,098,210,100 cents, highest of the wheat cent series. What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. I'm 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. Some 1956 wheat pennies are worth only a few cents. Coin Lincoln wheat Cent unc bu First: Identify the mint that struck the coin, confirming date and mint mark variety. Combined coinage total for both varieties is the second highest of the wheat series. Lincoln cents are avidly collected and pursued. Value chart spans the Wheat design years 1909 through 1958 of Lincoln cents. I have a 1955 s DDO uncirculated in a case an was wo.fering the value please? Are you concerned the precious metals train has left the station without you? I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Copyright © 2007-2020 Daniel A. HarrisAll Rights Reserved, https://nnp.wustl.edu/library/publisherdetail/51. One area helpful in detecting wear is Lincoln's temple area. Appeal to collectors forms the base value of a 1956-D penny. Josh, You are now being logged in using your Facebook credentials, https://coinvalues.com/wheat-pennies/1955. Determining value involves judging aesthetics of the remaining coin, overall condition and a sense of popularity among collectors. How much is that 1956 wheat penny worth? I've also 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! My love for coins began when I was 11 years old. Here’s what else was happening when 1956 pennies were fresh off the presses: I’m the Coin Editor here at TheFunTimesGuide. From uncirculated coins collected by advances collectors to worn examples an affordable collection popular with young collectors. Metal passes through a set of punches stamping the initial blank coin. Two varieties of 1956 pennies were produced. As a group they are considered average circulated. Average Circulated Condition: Large quantities of wheat pennies moderately to heavily worn are available today. The 1956 penny toned brown is still an uncirculated piece because no wear is present. Inspect high points for any smoothing and dulling of the metal. Any noticeable distractions; dark colors, heavy marks, and excessive wear eliminates the coin from collector acceptance. 420,745,000 coined placing 8th in the top ten most produced in a year. 2)  If you have a damaged 1956 penny that was found in pocket change, then it’s worth only the coin’s copper value — about 2 cents. With more than 1.5 billion Pennies struck during the year, 1956 goes down as one of the most common of all years for Lincoln Wheat Cents. A step by step method is followed to determine how much these old wheat pennies are worth. Wear removes original texture of luster leaving a distinct change from the lower areas of the temple. Step one is to confirm exact Date and Mint Mark variety. I'm also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), 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). It’s worth looking for unusual things on your old pennies. A 1956-D penny is Abundant on the rarity scale. https://nnp.wustl.edu/library/publisherdetail/51, Date by DateIn Depth Lincoln Penny ValueEarly Era 1909 to 1933, Date by DateIn Depth Lincoln Penny ValueSecond Era 1934 to 1958. These coins are Abundant on the rarity scale. I'm the Coin Editor here at TheFunTimesGuide. Eye appeal begins to determine value as a coin tones, pleasing colors are often sought by collectors. Error collecting is a specialty pursued by fewer collectors. Or, you could just pay 5 to 10 cents to buy an example from a coin dealer. As for the exact price, I'd need to please see a photo of the coin to provide a focused price, as even in uncirculated grades quality varies widely and thus so, too, does price. Appeal to collectors forms the base value of a 1956-D penny. 2)  A proof 1956 Lincoln wheat cent that was struck for coin collectors and included in 1956 proof sets is worth $3 and up. That’s a type of damage caused in the minting process and doesn’t generally add any extra value to the coin. Tilt at an angle to light helping see any changes in texture to confirm the mint state grade. The differences between doubled die error coins versus coins with machine doubling can be subtle. With many 1956 cents available to collectors, a standout coin is one in Mint State condition. Areas of the hair are also beginning to show evidence of minor flattening. Once struck an elliptical void is part of the final coin and its design. As you grade wheat pennies, toning is not used as an indication of wear. Copyright © 2004-2020 The Fun Times Guide | Privacy Policy | About | Contact | Sitemap, Old Lincoln Cents You Can Still Find In Pocket Change, Old Copper Pennies: Which Ones To Save & What They’re Worth, 43 Most Valuable Pennies Worth Holding Onto, Images of America: The United States Mint in Philadelphia, Extra chunks of metal near the mintmark or another part of the coin. So the United States Mint removed the VDB initials later in 1909, restoring them in 1918 to the obverse (heads side) of the penny under Lincoln’s shoulder — where you can still find them on new pennies today. Texture of the copper remains consistent over the entire surface. Previous year: the 1955 Lincoln Wheat Penny, Following year: the 1957 Lincoln Wheat Penny. 669,384 were manufactured so they are relatively inexpensive to purchase, at about $5 each.

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