Unlike the previously mentioned errors, this error does not fetch quite the amount, with its record price of only $98 for an AU-58 BN coin. A 1951 wheat penny with no mint mark is worth around $0.05 to $2.28. 1951 S Wheat Penny Type: Lincoln Wheat Cent Edge: Plain Mint mark: S Place of minting: San Francisco Year of minting: 1951 Face value: $0.01 $ price: $0.05 to $4,230 Quantity produced: 136,010,000 Designer: Victor D. Brenner There are quite a lot of errors on the 1951 penny. And this second type is $30 in AU 53, $60 in MS 63, and $120 in MS 65RD. The obverse (heads side) of the 1951 Wheat Penny has a profile of Abraham Lincoln facing right. But on an error coin, its a First Strike, meaning the error was validated within 30 days of the coins initial release. Listings on the chart begin with date and mint mark variety. It sold for $6,600 in January 2020. My other coin collecting videos are on Couch Collectibles. https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___TWITTER: @couchcollectINSTAGRAM:@couchcollectiblesFACEBOOK: @CouchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___Welcome to Couch Coin Clips the second channel for Couch Collectibles! 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. As most coin collectors find early on during their forays into collecting Lincoln Cents, Pennies from the 1950s are generally quite common. Check your inbox or spam folder to confirm your subscription. ! Grading Lincoln Wheat Pennies covers the grading process in more detail. MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. If you buy thru these links, we may earn a commission at no additional cost to you. Step 3: Special Qualities - Certain elements either enhance or detract from value. The current auction record is $6,600 for an MS-68 RD coin. Although significantly better than the good condition, a coin in this condition or with this grade shows fewer scratches and less intense discoloration. It is crucial to try avoiding damaged or discolored units since they are without any value. And if so, what would be the approximate value? "S" Mintmark Under Date: San Francisco Mint Struck the Coin. Begin by inspected for three main features: When viewing the chart, date and mint mark combinations, show little difference in how much they are worth in typical average condition. What is rare, however, is higher-grade condition 1951 D coins, starting at MS-65. Pricing the 1951 Lincoln Penny A 1941 red proof penny graded PR67 is worth around $5,400. However, most of these pieces are of circulated condition. The artist makes a sketch, then creates a master mold from rubber, plaster, and epoxy. If you are talking about collectors, the biggest thing that must be taken into consideration is the condition a coin is in. 1952 Wheat Penny In addition to the links Ive included above, here aresome ofour otherarticles about wheat pennies, including the 1951 wheat penny: Stay up to date with everything about U.S Coins, We dont spam! 1951 1C PR67 Sold on Jan 6, 2011 for: $15,076.50, 2. We look at the 1950 penny worth money. Grading is key to judgement. In a more protected area, a less refined bow-tie is noted on the weak strike cent. 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. This ended up with a significant loss of details on the coins. On a coin that has a staircase on its reverse, it means Full Steps. Read more in our privacy policy. Below is a complete list of values for every wheat penny made, save two. 1951 Wheat Penny Value (Rare Errors, D, S & No Mint Mark), 19 Valuable Lincoln Memorial Penny Worth Money, 19 Most Valuable Wheat Pennies Worth Money, 1972 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1973 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1963 Penny Value Guides (Rare Errors, D and No Mint Mark), 1976 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1971 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1988 Penny Value Guides (Rare Errors, D, S & No Mint Mark), 1953 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1877 Indian Head Penny Value (Rare Errors & No Mint Marks), 1959 Half Dollar Value (Rare Errors, D & No Mint Marks), 1916 Barber & Mercury Dime Value (Rare Errors, D, S & No Mint Marks), 2004 Nickel Value (Rare Errors, D & No Mint Marks), 1969 Dime Value (Rare Errors, D, S & No Mint Marks), 1925 Penny Value (Rare Errors, D, S & No Mint Marks). A freshly-minted wheat penny will have a lustrous reddish-orange color. Barber had designed the previous dimes, quarters, and half dollars. From uncirculated coins collected by advances collectors to worn examples an affordable collection popular with young collectors. Just below are images to locate any possible mint mark. I have a 1951 proof penny that has a die break (extra metal) on obverse 1958 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 3/27/2023: Gold $1969 | Silver $23.00 1958 Penny Value Matching your coin to grading images finds 1958 penny value. There are many 1951 pennies that were incorrectly struck. Reading the value chart shows the increase in desirability of higher condition coins. While theyre not proof coins, the San Francisco Mint has always produced top-notch coins and they typically fetch better prices. Lets talk about how coins are made. 2016 Quarter Value: are they worth money. For more. The color is red-brown. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Coins have tons of details, and most of them are machined onto the planchet. The 1951 S penny has a similar price for lower-grade conditions with the other pennies, although they have a higher price for MS-60 coins and higher. Contrast the shallow rim and rolled appearance into the lettering of the softly struck example. In MS 67+ RD, a flawless 1951-D Wheat Penny is worth over $1,900. Behind the late presidents profile, you will see the word LIBERTY, and the sentence IN GOD WE TRUST lies engraved along the coins top. This coin also had the highest mintage for any Denver Mint cent to date, and these coins were considered to be very well-made and preserved in original rolls. 1918 D Wheat Penny. USA Coin Book Estimated Value of 1951-D Lincoln Wheat Penny is Worth $0.06 in Average Condition and can be Worth $0.69 to $2.33 or more in Uncirculated (MS+) Mint Condition. Coins with specific errors are not common, even for a series with high mintage. The 1951 Wheat Penny is worth $0.05 in fine condition and can be worth $0.79 to $2.28 or more in its uncirculated (MS+) mint condition. Is that rare? These coins can fetch quite the price, with an AU-50 coin of this error costing around $700. Most 1951 wheat penny coin errors are found on Denver-minted coins, given that they produced the most coins. Despite their low mintage, gem examples are plentiful until MS-67. When the coin retains at least 90% of this original color, coin collectors categorize them as a red (RD) wheat penny. This variety of 1951-D Wheat Penny DDO can be spotted by checking for doubling on Liberty and In God We Trust. This error plus the melt value made this coin sell for $750 in 2019. San Francisco wheat cents are appealing to collectors in lightly worn condition. Theyre positioned to frame the three legends that appear at the center of the coin, so E Pluribus Unum runs along the top, between the tips of the two wheat stalks. looking for advice. Ample production from the Philadelphia mint finds this variety Abundant on the rarity scale. Copyright 2023 JM Bullion. Under the denomination are the words UNITED STATES OF AMERICA, with the famous motto E PLURIBUS UNUM along the coins top. You can buy 1951 pennies from a coin dealer. Apart from Wartime Pennies that were zinc-coated steel, a penny from any year should have distinct copper toning. With one in extremely fine condition selling for around $0.05, it falls in the category of low-value coins. Some newbies have noted that the Pre-Euro German Pfennig coin looks a lot like the American Wheat Penny. It is also famous among collectors because of its abundance and significance. 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. Copper reacts to most elements. Other rare and valuable 1951 pennies are those that contain errors and varieties, such as: Doubled dies Repunched mintmarks Off-center strikes It sold for $6,600 in January 2020. As we mentioned at the beginning of this article, several factors affect the worth of a coin, and the 1951 wheat penny is no exception. A step by step method is followed to determine how much these old wheat pennies are worth. Finally, arching overtop of the reverse is the Latin phrase E Pluribus Unum.. This will help a potential bidder identify it quickly. I HAVE A ( 1951-S U.S. Half a step up in MS 67+ RD, it's $396. 1916 S Wheat Penny. Shallow depth in profile of Lincoln's hair loses detail quickly. This error happens when the D mintmark gets punched on the coin multiple times. Uncirculated: If a coin is determined to be of Uncirculated grade, this means that it has never spent any time on the open market. As one would expect with such a number, 1951-D coins also have the most percentage of errors. 2010 - 2023 USA Coin Book. In uncirculated condition the price is around $1 for coins with an MS-63RB grade. At MS-67 and beyond, they become quite scarce. In 1951, the San Francisco Mint made 136,010,000 Wheat Pennies with the S Mint Mark. Judging condition and a further assessment of strike quality identifies an appealing coin. Many examples from the 1950's still remain very bright with original color. However, the red variety can go for as much as $7,000 for an MS-68 piece. Rare coins cost more because they are limited in availability for collectors. Though the damage on these Lincoln pennies is quite small and difficult to see with the naked eye, they do exist and are uncovered during the grading process. Recognize your old coins using the image links leading to value charts. Source: USA . Its not worth much, but in VF 25, this penny sold for $30 in 2008, and thats still more than 1c! If you found a 1951 wheat penny coin, that means that it is a coin that is just as old as most grandparents today. Comparing and judging original depth of strike on the example 1951-S pennies identifies the higher appeal coin.
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