Lincoln Wheat Cent Penny
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United States Mint One-Cent/Penny Specifications & Design |
Coin Denomination | $0.01 or one hundredth of a US dollar |
|---|---|
| Metal Composition/make | 1909-1942: 95% copper, 5% zinc, less than 1% trace amounts of tin 1943: Steel with zinc-coating 1944-1958: 95% copper, 5% zinc |
| Weight per Cent/Penny | 3.11 grams, exception: 1943 steel cent: 2.70 grams |
| Cents/Pennies per pound | 147 pennies per pound, exception 1943 steel cent: 168 pennies per pound |
| Design | Obverse/Front: United States president Abraham Lincoln Reverse/Back: Wheat stalks with large letters ONE CENT United States of America |
Why People Hoard/Buy Wheat Cents/Pennies |
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Copper pennies hold a greater intrinsic metal value in copper greater than their face value which is why people hoard/buy copper pennies. Silver coins are the perfect historical example.
The US coins, such as dimes, quarters, and halves used to be made of silver in the 1960s and earlier. Eventually, these coins stopped being minted out of silver due to rising costs in the price of silver. Over time, inflation and other factors have led to an increase in value of metals and a decrease in value of currency (your money has less buying power so things cost more over time). Silver coins, because their face value does not change, still cost the same in currency to buy. Silver value continued to rise, so the value of the silver content of the coin rose over time. Today, silver coins hold a 1000% to 2000% greater value in silver compared to their face value. People buy copper pennies because history repeats and the expectation is for copper price to rise over time. In fact, currency inflation has an exponential curve to its decline in value so people anticipate a significantly faster return on their investment when buying or collecting copper pennies. |
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One-Cent/Penny Year & Value |
Year | Mintage | Value Range | Current Market Value (multi-third-party pricing) |
|---|---|---|---|
| 1909 | 72,700,000 | $2 - $100+ | 1909 p penny |
| 1909 VDB | 27,995,000 | $8 - $200+ | 1909 vdb penny |
| 1909 S | 1,825,000 | $100 - $ 400+ | 1909 s penny |
| 1909 S VDB | 484,000 | $2-$100+ | 1909 s vdb penny |
| 1910 | 146,798,813 | $1 - $20+ | 1910 penny |
| 1910 S | 6,045,000 | $15 - $100+ | 1910 s penny |
| 1911 | 101,176,054 | $1 - $30+ | 1911 penny |
| 1911 D | 12,672,000 | $4 - $100+ | 1911 d penny |
| 1911 S | 4,026,000 | $35 - $175+ | 1911 s penny |
| 1912 | 68,150,915 | $1 - $40+ | 1912 penny |
| 1912 D | 10,411,000 | $5 - $100+ | 1912 d penny |
| 1912 S | 4,431,000 | $15 - $175+ | 1912 s penny |
| 1913 | 76,529,504 | $1 - $25 | 1913 penny |
| 1913 D | 15,804,000 | $1.50 - $80+ | 1913 d penny |
| 1913 S | 6,101,000 | $7.50 - $175+ | 1913 s penny |
| 1914 | 75,237,067 | $0.25 - $50+ | 1914 penny |
| 1914 D | 1,193,000 | $150 - $2,000+ | 1914 d penny |
| 1914 S | 4,137,000 | $20 - $250+ | 1914 s penny |
| 1915 | 29,090,970 | $1 - $75+ | 1915 penny |
| 1915 D | 22,050,000 | $2-$100+ | 1915 d penny |
| 1915 S | 4,833,000 | $15- $225+ | 1915 s penny |
| 1916 | 131,833,677 | $0.25 - $20+ | 1916 penny |
| 1916 D | 35,956,000 | $0.25 - $50+ | 1916 d penny |
| 1916 S | 22,510,000 | $0.50 - $75+ | 1916 s penny |
| 1917 | 196,429,785 | $0.25 - $75+ | 1917 penny |
| 1917 D | 55,120,000 | $0.50 - $75+ | 1917 d penny |
| 1917 S | 32,620,000 | $0.50 - $75+ | 1917 s penny |
| 1918 | 288,104,634 | $0.15 - $15+ | 1918 penny |
| 1918 D | 47,830,000 | $0.35 - $50+ | 1918 d penny |
| 1918 S | 34,680,000 | $0.25 - $90+ | 1918 s penny |
| 1919 | 392,021,000 | $0.15 - $10+ | 1919 penny |
| 1919 D | 57,154,000 | $0.25 - $50+ | 1919 d penny |
| 1919 S | 139,760,000 | $0.25 - $50+ | 1919 s penny |
| 1920 | 310,165,000 | $0.10 - $10+ | 1920 penny |
| 1920 D | 49,280,000 | $0.25 - $50+ | 1920 d penny |
| 1920 S | 46,220,000 | $0.25 - $75+ | 1920 s penny |
| 1921 | 39,157,000 | $1 - $30+ | 1921 penny |
| 1921 S | 15,274,000 | $5 - $100+ | 1921 s penny |
| 1922 D | 7,160,000 | $10 - $75+ | 1922 d penny |
| 1923 | 74,723,000 | $0.25 - $10+ | 1923 penny |
| 1923 S | 8,700,000 | $5 - $175+ | 1923 s penny |
| 1924 | 75,178,000 | $0.25 - $15+ | 1924 penny |
| 1924 D | 2,520,000 | $25 - $200+ | 1924 d penny |
| 1924 S | 11,696,000 | $0.50 - $125+ | 1924 s penny |
| 1925 | 139,949,000 | $0.25 - $10+ | 1925 penny |
| 1925 D | 22,580,000 | $0.25 - $55+ | 1925 d penny |
| 1925 S | 26,380,000 | $0.50 - $100+ | 1925 s penny |
| 1926 | 157,088,000 | $0.25 - $10+ | 1926 penny |
| 1926 D | 28,020,000 | $0.50 - $30+ | 1926 d penny |
| 1926 S | 4,550,000 | $10 - $250+ | 1926 s penny |
| 1927 | 144,440,000 | $0.25 - $10+ | 1927 penny |
| 1927 D | 27,170,000 | $0.25 - $50+ | 1927 d penny |
| 1927 S | 14,276,000 | $1 - $100+ | 1927 s penny |
| 1928 | 134,116,000 | $0.25 - $10+ | 1928 penny |
| 1928 D | 31,170,000 | $0.25 - $25+ | 1928 d penny |
| 1928 S | 17,266,000 | $0.50 - $15+ | 1928 s penny |
| 1929 | 185,262,000 | $0.25 - $5+ | 1929 penny |
| 1929 D | 41,730,000 | $1 - $15+ | 1929 d penny |
| 1929 S | 50,148,000 | $1 - $20+ | 1929 s penny |
| 1930 | 157,415,000 | $0.25 - $5+ | 1930 penny |
| 1930 D | 40,100,000 | $0.50 - $10+ | 1930 d penny |
| 1930 S | 24,286,000 | $50 - $10+ | 1930 s penny |
| 1931 | 19,396,000 | $0.50 - $20+ | 1931 penny |
| 1931 D | 4,480,000 | $5 - $40+ | 1931 d penny |
| 1931 S | 866,000 | $100 - $200+ | 1931 s penny |
| 1932 | 9,062,000 | $1 - $10+ | 1932 penny |
| 1932 D | 10,500,000 | $1 - $10+ | 1932 d penny |
| 1933 | 14,360,000 | $1 - $10+ | 1933 penny |
| 1933 D | 6,200,000 | $1 - $10+ | 1933 d penny |
| 1934 | 219,080,000 | 1934 penny | |
| 1934 D | 28,446,000 | 1934 d penny | |
| 1935 | 245,388,000 | 1935 penny | |
| 1935 D | 47,000,000 | 1935 d penny | |
| 1935 S | 38,702,000 | 1935 s penny | |
| 1936 | 309,632,000 | 1936 penny | |
| 1936 D | 40,620,000 | 1936 d penny | |
| 1936 S | 29,130,000 | 1936 s penny | |
| 1937 | 309,170,000 | 1937 penny | |
| 1937 D | 50,430,000 | 1937 d penny | |
| 1937 S | 34,500,000 | 1937 s penny | |
| 1938 | 156,682,000 | 1938 penny | |
| 1938 D | 20,010,000 | 1938 d penny | |
| 1938 S | 15,180,000 | 1938 s penny | |
| 1939 | 316,466,000 | 1939 penny | |
| 1939 D | 15,160,000 | 1939 d penny | |
| 1939 S | 52,070,000 | 1939 s penny | |
| 1940 | 586,810,000 | 1940 penny | |
| 1940 D | 81,390,000 | 1940 d penny | |
| 1940 S | 112,940,000 | 1940 s penny | |
| 1941 | 887,018,000 | 1941 penny | |
| 1941 D | 128,700,000 | 1941 d penny | |
| 1941 S | 92,360,000 | 1941 s penny | |
| 1942 | 657,796,000 | 1942 penny | |
| 1942 D | 206,698,000 | 1942 d penny | |
| 1942 S | 85,590,000 | 1942 s penny | |
| 1943 (Copper Cent) | 684,628,670 | 1943 copper penny | |
| 1943 (Steel Cent) | 684,628,670 | 1943 steel penny | |
| 1943 D (Steel Cent) | 217,660,000 | 1943 d steel penny | |
| 1943 S (Steel Cent) | 191,550,000 | 1943 s steel penny | |
| 1944 | 1,435,400,000 | 1944 penny | |
| 1944 D | 430,578,000 | 1944 d penny | |
| 1944 S | 282,760,000 | 1944 s penny | |
| 1945 | 1,040,515,000 | 1945 penny | |
| 1945 D | 266,268,000 | 1945 d penny | |
| 181,770,000 | 1945 s penny | ||
| 1946 | 991,655,000 | 1946 penny | |
| 1946 D | 315,690,000 | 1946 d penny | |
| 1946 S | 198,100,000 | 1946 s penny | |
| 1947 | 190,555,000 | 1947 penny | |
| 1947 D | 194,750,000 | 1947 d penny | |
| 1947 S | 99,000,000 | 1947 s penny | |
| 1948 | 317,570,000 | 1948 penny | |
| 1948 D | 172,637,500 | 1948 d penny | |
| 1948 S | 81,735,000 | 1948 s penny | |
| 1949 | 217,775,000 | 1949 penny | |
| 1949 D | 153,132,500 | 1949 d penny | |
| 1949 S | 64,290,000 | 1949 s penny | |
| 1950 | 272,635,000 | 1950 penny | |
| 1950 D | 334,950,000 | 1950 d penny | |
| 1950 S | 118,505,000 | 1950 s penny | |
| 1951 | 284,576,000 | 1951 penny | |
| 1951 D | 625,355,000 | 1951 d penny | |
| 1951 S | 136,010,000 | 1951 s penny | |
| 1952 | 186,775,000 | 1952 penny | |
| 1952 D | 746,130,000 | 1952 d penny | |
| 1952 S | 137,800,004 | 1952 s penny | |
| 1953 | 256,755,000 | 1953 penny | |
| 1953 D | 700,515,000 | 1953 d penny | |
| 1953 S | 181,835,000 | 1953 s penny | |
| 1954 | 71,640,050 | 1954 penny | |
| 1954 D | 251,552,500 | 1954 d penny | |
| 1954 S | 96,190,000 | 1954 s penny | |
| 1955 | 330,958,200 | 1955 penny | |
| 1955 D | 563,257,500 | 1955 d penny | |
| 1955 S | 44,610,000 | 1955 s penny | |
| 1956 | 420,745,000 | 1956 penny | |
| 1956 D | 1,098,201,100 | 1956 d penny | |
| 1957 | 282,540,000 | 1957 penny | |
| 1957 D | 1,051,342,000 | 1957 d penny | |
| 1958 | 252,525,000 | 1958 penny | |
| 1958 D | 800,953,300 | 1958 d penny | |
