The always popular Lincoln wheat penny, launched by the U.S. Mint in 1909, are beloved by casual collectors and serious numismatists alike. While some original edition pennies from 1909 boast significant collectible value, there are other editions of the Lincoln coveted by coin collectors as well. For instance, a 1933-D may have a value at or above $2.30. A 1931-S could command $40 or more in the collectibles market.
Of course, some mint years may be valued much higher than others, and other factors such as minting location, condition and scarcity also play a role in the value of any given coin. Well-preserved coins are generally valued significantly higher than similar coins that been worn through circulation or poor preservation.
VALUE OF LINCOLN PENNIES – WHAT DEALERS PAY
If the penny bears significant circulation wear, the lines at the tops of the stalks will be worn down or possibly even worn away. In this case, the coin might be in good or a lesser condition. Of course, the coin’s other details must also be in excellent condition to be assigned a grade of extremely fine, with little to no signs of wear or erosion. Simply put, the better the overall condition of your Lincoln Wheat Penny, the more desirable it may be to dealers and collectors, and therefore more valuable.
 COIN GRADING CAN PROVIDE PEACE OF MIND
LINCOLN WHEAT PENNY VALUES ARE RISING
The value of Lincoln Wheat Pennies constantly shifts due to demand. Over a period of years, wheat penny values may increase based on the trajectory of their historical values. This happens for numerous reasons, including new collectors entering the market or established collectors gaining an interest in this important American coin. Additionally, new varieties such as double-dies or over-dates may come to light, enhancing the allure of Lincoln Wheat Pennies.
Lincoln Penny Values
| DATE | GOOD | FINE | EXTREMELY FINE | UNCIRCULATED |
|---|---|---|---|---|
| 1909 Lincoln Penny | $4 | $6 | $8 | $12 |
| 1909 Lincoln Penny (S) | $100 | $125 | $225 | $250 |
| 1910 Lincoln Penny | $0.35 | $1 | $4 | $10 |
| 1910 Lincoln Penny (S) | $17 | $22 | $45 | $80 |
| 1911 Lincoln Penny | $0.45 | $1.50 | $6 | $11 |
| 1911 Lincoln Penny (D) | $6 | $10 | $50 | $75 |
| 1911 Lincoln Penny (S) | $50 | $60 | $85 | $110 |
| 1912 Lincoln Penny | $1.25 | $2.25 | $13 | $25 |
| 1912 Lincoln Penny (S) | $24 | $29 | $75 | $110 |
| 1912 Lincoln Penny (D) | $7 | $10 | $65 | $100 |
| 1913 Lincoln Penny | $0.85 | $2 | $18 | $27 |
| 1913 Lincoln Penny (D) | $3 | $4.50 | $50 | $70 |
| 1913 Lincoln Penny (S) | $14 | $20 | $60 | $100 |
| 1914 Lincoln Penny | $0.75 | $2 | $20 | $40 |
| 1914 Lincoln Penny (D) | $200 | $300 | $875 | $1,550 |
| 1914 Lincoln Penny (S) | $24 | $30 | $85 | $175 |
| 1915 Lincoln Penny | $1.75 | $5 | $60 | $70 |
| 1915 Lincoln Penny (D) | $2 | $4 | $22 | $45 |
| 1915 Lincoln Penny (S) | $20 | $30 | $70 | $135 |
| 1916 Lincoln Penny | $0.30 | $0.75 | $8 | $13 |
| 1916 Lincoln Penny (D) | $1 | $3 | $15 | $35 |
| 1916 Lincoln Penny (S) | $1.75 | $3.50 | $25 | $50 |
| 1917 Lincoln Penny | $0.30 | $0.50 | $4 | $10 |
| 1917 Lincoln Penny (D) | $0.80 | $1.75 | $35 | $50 |
| 1917 Lincoln Penny (S) | $0.50 | $1 | $10 | $25 |
| 1918 Lincoln Penny | $0.20 | $0.50 | $3 | $8 |
| 1918 Lincoln Penny (D) | $0.75 | $2.50 | $12 | $35 |
| 1918 Lincoln Penny (S) | $0.50 | $2 | $11 | $32 |
| 1919 Lincoln Penny | $0.20 | $0.40 | $3.25 | $5 |
| 1919 Lincoln Penny (D) | $0.50 | $1 | $10 | $32 |
| 1919 Lincoln Penny (S) | $0.20 | $1 | $6 | $18 |
| 1920 Lincoln Penny | $0.20 | $0.35 | $2.25 | $4 |
| 1920 Lincoln Penny (D) | $1 | $3 | $19 | $40 |
| 1920 Lincoln Penny (S) | $0.50 | $1.50 | $10 | $35 |
| 1921 Lincoln Penny | $0.50 | $1.30 | $9 | $22 |
| 1921 Lincoln Penny (S) | $1.50 | $3.50 | $35 | $75 |
| 1922 Lincoln Penny | $20 | $25 | $40 | $75 |
| 1923 Lincoln Penny | $0.35 | $0.65 | $5 | $9.50 |
| 1923 Lincoln Penny (S) | $5 | $7 | $40 | $90 |
| 1924 Lincoln Penny | $0.20 | $0.40 | $5 | $10 |
| 1924 Lincoln Penny (D) | $40 | $50 | $125 | $175 |
| 1924 Lincoln Penny (S) | $2.00 | $3.50 | $20 | $75 |
| 1925 Lincoln Penny | $0.20 | $0.35 | $3 | $6.50 |
| 1925 Lincoln Penny (D) | $1.00 | $2.50 | $13 | $30 |
| 1925 Lincoln Penny (S) | $1.00 | $2.00 | $12 | $30 |
| 1926 Lincoln Penny | $0.20 | $0.30 | $2 | $4 |
| 1926 Lincoln Penny (D) | $1.35 | $3.50 | $14 | $32 |
| 1926 Lincoln Penny (S) | $9 | $13 | $35 | $75 |
| 1927 Lincoln Penny | $0.20 | $0.30 | $2 | $3.50 |
| 1927 Lincoln Penny (D) | $1.25 | $2.75 | $7.50 | $25 |
| 1927 Lincoln Penny (S) | $1.50 | $3 | $15 | $40 |
| 1928 Lincoln Penny | $0.20 | $0.30 | $2 | $3 |
| 1928 Lincoln Penny (D) | $0.75 | $1.75 | $5.50 | $17 |
| 1928 Lincoln Penny (S) | $1 | $2.75 | $9.50 | $30 |
| 1929 Lincoln Penny | $0.20 | $0.30 | $2 | $4 |
| 1929 Lincoln Penny (D) | $0.40 | $1.25 | $5.50 | $13 |
| 1929 Lincoln Penny (S) | $0.50 | $1.65 | $5.80 | $14 |
| 1930 Lincoln Penny | $0.15 | $0.25 | $1.25 | $2 |
| 1930 Lincoln Penny (D) | $0.20 | $0.30 | $2.50 | $4 |
| 1930 Lincoln Penny (S) | $0.20 | $0.30 | $1.75 | $6 |
| 1931 Lincoln Penny | $0.50 | $1 | $4 | $9 |
| 1931 Lincoln Penny (D) | $5 | $7 | $13.50 | $37 |
| 1931 Lincoln Penny (S) | $60 | $85 | $125 | $150 |
| 1932 Lincoln Penny | $1.50 | $2 | $4.50 | $12 |
| 1932 Lincoln Penny (D) | $1.50 | $2.50 | $4.50 | $11 |
| 1933 Lincoln Penny | $1.50 | $2.50 | $6.25 | $13 |
| 1933 Lincoln Penny (D) | $3.50 | $5.50 | $12 | $19 |
| 1934 Lincoln Penny | $0.15 | $0.20 | $1 | $4 |
| 1934 Lincoln Penny (D) | $0.20 | $0.50 | $2.25 | $7.50 |
| 1935 Lincoln Penny | $0.15 | $0.20 | $0.50 | $1 |
| 1935 Lincoln Penny (D) | $0.15 | $0.20 | $0.50 | $2 |
| 1935 Lincoln Penny (S) | $0.15 | $0.25 | $2 | $5 |
| 1936 Lincoln Penny | $0.15 | $0.25 | $1.50 | $2.60 |
| 1936 Lincoln Penny (D) | $0.15 | $0.30 | $1 | $2 |
| 1936 Lincoln Penny (S) | $0.15 | $0.40 | $1 | $3 |
| 1937 Lincoln Penny | $0.15 | $0.30 | $1 | $2 |
| 1937 Lincoln Penny (D) | $0.15 | $0.25 | $1 | $3 |
| 1937 Lincoln Penny (S) | $0.15 | $0.30 | $1 | $3 |
| 1938 Lincoln Penny | $0.15 | $0.30 | $1 | $2 |
| 1938 Lincoln Penny (D) | $0.20 | $0.50 | $1.25 | $3 |
| 1938 Lincoln Penny (S) | $0.40 | $0.60 | $1.10 | $3 |
| 1939 Lincoln Penny | $0.15 | $0.20 | $0.50 | $1 |
| 1939 Lincoln Penny (D) | $0.50 | $0.65 | $1.25 | $3 |
| 1939 Lincoln Penny (S) | $0.15 | $0.30 | $1 | $2.50 |
| 1940 Lincoln Penny | $0.15 | $0.20 | $0.60 | $1 |
| 1940 Lincoln Penny (D) | $0.15 | $0.25 | $0.75 | $2 |
| 1940 Lincoln Penny (S) | $0.15 | $0.20 | $1 | $1.75 |
| 1941 Lincoln Penny | $0.15 | $0.20 | $0.60 | $1.50 |
| 1941 Lincoln Penny (D) | $0.15 | $0.20 | $1 | $3 |
| 1941 Lincoln Penny (S) | $0.15 | $0.30 | $1 | $3 |
| 1942 Lincoln Penny | $0.15 | $0.20 | $0.50 | $0.75 |
| 1942 Lincoln Penny (D) | $0.15 | $0.20 | $0.50 | $0.85 |
| 1942 Lincoln Penny (S) | $0.20 | $0.30 | $1.25 | $5.50 |
| 1943 Lincoln Penny | N/A | $0.30 | $0.40 | $0.50 |
| 1943 Lincoln Penny (D) | N/A | $0.35 | $0.45 | $0.75 |
| 1943 Lincoln Penny (S) | $N/A | $0.40 | $0.75 | $1 |
| 1944 Lincoln Penny | N/A | N/A | $0.20 | $0.35 |
| 1944 Lincoln Penny (D) | N/A | N/A | $0.20 | $0.35 |
| 1944 Lincoln Penny (S) | N/A | N/A | $0.20 | $0.35 |
| 1945 Lincoln Penny | N/A | N/A | $0.20 | $0.35 |
| 1945 Lincoln Penny (D) | N/A | N/A | $0.20 | $0.35 |
| 1945 Lincoln Penny (S) | N/A | N/A | $0.20 | $0.35 |
| 1946 Lincoln Penny | N/A | N/A | $0.20 | $0.35 |
| 1946 Lincoln Penny (D) | N/A | N/A | $0.20 | $0.35 |
| 1946 Lincoln Penny (S) | N/A | N/A | $0.20 | $0.35 |
| 1947 Lincoln Penny | N/A | N/A | $0.20 | $0.40 |
| 1947 Lincoln Penny (D) | N/A | N/A | $0.20 | $0.40 |
| 1947 Lincoln Penny (S) | N/A | N/A | $0.25 | $0.50 |
| 1948 Lincoln Penny | N/A | N/A | $0.20 | $0.35 |
| 1948 Lincoln Penny (D) | N/A | N/A | $0.20 | $0.35 |
| 1948 Lincoln Penny (S) | N/A | N/A | $0.30 | $0.35 |
| 1949 Lincoln Penny | N/A | N/A | $0.20 | $0.35 |
| 1949 Lincoln Penny (D) | N/A | N/A | $0.20 | $0.35 |
| 1949 Lincoln Penny (S) | N/A | N/A | $0.30 | $0.35 |
| 1950 Lincoln Penny | N/A | N/A | $0.20 | $0.35 |
| 1950 Lincoln Penny (D) | N/A | N/A | $0.20 | $0.35 |
| 1950 Lincoln Penny (S) | N/A | N/A | $0.25 | $0.35 |
| 1951 Lincoln Penny | N/A | N/A | $0.25 | $0.35 |
| 1951 Lincoln Penny (D) | N/A | N/A | $0.12 | $0.35 |
| 1951 Lincoln Penny (S) | N/A | N/A | $0.30 | $0.50 |
| 1952 Lincoln Penny | N/A | N/A | $0.15 | $0.35 |
| 1952 Lincoln Penny (D) | N/A | N/A | $0.15 | $0.25 |
| 1952 Lincoln Penny (S) | N/A | N/A | $0.20 | $0.35 |
| 1953 Lincoln Penny | N/A | N/A | $0.15 | $0.20 |
| 1953 Lincoln Penny (D) | N/A | N/A | $0.15 | $0.20 |
| 1953 Lincoln Penny (S) | N/A | N/A | $0.15 | $0.20 |
| 1954 Lincoln Penny | N/A | N/A | $0.35 | $0.45 |
| 1954 Lincoln Penny (D) | N/A | N/A | $0.12 | $0.20 |
| 1954 Lincoln Penny (S) | N/A | N/A | $0.12 | $0.20 |
| 1955 Lincoln Penny | N/A | N/A | $0.12 | $0.15 |
| 1955 Lincoln Penny (D) | N/A | N/A | $0.12 | $0.15 |
| 1955 Lincoln Penny (S) | N/A | N/A | $0.30 | $0.40 |
| 1956 Lincoln Penny | N/A | N/A | $0.12 | $0.15 |
| 1956 Lincoln Penny (D) | N/A | N/A | $0.12 | $0.15 |
| 1957 Lincoln Penny | N/A | N/A | $0.12 | $0.15 |
| 1957 Lincoln Penny (D) | N/A | N/A | $0.12 | $0.15 |
| 1958 Lincoln Penny | N/A | N/A | $0.12 | $0.15 |
| 1958 Lincoln Penny (D) | N/A | N/A | $0.12 | $0.15 |
Source: Red Book
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