Lincoln Wheat Penny
In 1909,
to honor the 100th anniversary of Abraham Lincoln's birth, the United States
Mint began the production of the Lincoln Wheat penny. Designed by Victor David
Brenner, the Lincoln Wheat penny was a triumph in coin design and was widely
acclaimed and collected right out of the gate. As its predecessor before it,
the Lincoln Wheat penny weighs 3.11 grams and was made of 95% pure copper, with
the rest of the composition comprising of tin and zinc. The Lincoln Wheat penny
was produced for 50 years until the new design of the Lincoln Memorial penny
took shape. In those fifty years of the Lincoln Wheat penny, the design only
shifted in minute ways, most of which centered around where to put the designers
initials.
In 1943,
however, to aid in America's war effort in Europe and the Pacific, the composition
of the Lincoln Wheat penny changed to zinc coated steel. This is because the
copper normally used to produce the Lincoln Wheat penny was diverted to create
shell casings and other essential war materials. In the first year of production,
there were two distinct varieties produced of the Lincoln Wheat penny. The first
Lincoln Wheat penny, in 1909, had Victor David Brenner's initials on the reverse
of the coin at the bottom center, and the second Lincoln Wheat penny was made
without those initials. This is key because this variation can command a significant
difference when pricing the collector value of each coin type.
Generally,
the V.D.B. issue from the Philadelphia mint commands more of a premium than
those without the V.D.B. and the Lincoln Wheat penny which came out of the San
Francisco mint without the V.D.B. can command more of a premium than that of
the Philadelphia types with the V.D.B. present. The San Francisco mint version
with the V.D.B. is the most sought after of all of the 1909 coins of the Lincoln
Wheat penny series.
There are
a few other key dates in the Lincoln Wheat penny series, but all of them are
going to be from 1931 or earlier. Most of the rest of the Lincoln wheat penny
series usually trades on the open market for twice their face value, depending
upon condition of the coins. If you have a Lincoln wheat penny collection and
are interested in have them evaluated at no cost, or if you are looking to sell
your Lincoln Wheat penny collection, just call or come in to any of the Nevada
Coin & Jewelry locations in the greater Las Vegas area. Our coin experts are
standing by to help you in determining the collector appeal and overall value
to your Lincoln Wheat penny set.
(702) 256-2646
30 Years Buying Precious Metals in Las Vegas Valley
The owner of the original Jewelry Exchange, founded in 1984, brings state of the art digital jewelry buying into a new millennium at Nevada Coin & Jewelry. Read more
-
West Flamingo Store
6380 W. Flamingo Rd Suite B
Las Vegas, NV 89103
(East of Torrey Pines)
(702) 462-6680
Monday - Friday 9:30 am - 6:00 pm
Saturday 10:00 am - 4:00 pm
Sunday Closed -
East Flamingo Store
2675 E. Flamingo Rd Suite #10
Las Vegas, NV 89121
(East of Eastern Ave)
(702) 255-2646
Monday - Friday 8:30 am - 4:30 pm
Saturday 8:30 am - 2:30 pm
Sunday Closed -
Blue Diamond Store
4150 Blue Diamond Rd. Suite 108
Las Vegas, NV 89139
(Between Target & Kohls
Near the Silverton Casino) (702) 220-4653
Monday 10:00 am - 6:00 pm
Tuesday 10:00 am - 6:00 pm
Thursday 10:00 am - 6:00 pm
Friday 10:00 am - 6:00 pm
Closed Wed, Sat, and Sun