Introduction
Imagine reaching into your pocket, pulling out a handful of coins, and unknowingly holding a small fortune between your fingers. It might sound like a fantasy, but it’s a real possibility — thanks to the Lincoln Wheat Penny. Some of these humble copper coins, minted decades ago, are worth up to $100,000 — and some are still in circulation today!
In this detailed guide, we will explore everything about the Lincoln Wheat Penny, from its fascinating history to why a few rare examples are so incredibly valuable. You’ll learn how to check your coins, what to look for, and how you could stumble upon a $100,000 treasure without even realizing it.
History of the Lincoln Wheat Penny
The Lincoln Wheat Penny — often simply called the “Wheat Cent” — was introduced in 1909 to honor President Abraham Lincoln’s 100th birthday. It was a landmark coin for several reasons:
- First U.S. coin to feature a real historical figure (instead of symbolic imagery).
- Designed by Victor David Brenner, featuring Lincoln on the obverse and two wheat stalks on the reverse.
- Minted from 1909 to 1958.
The Wheat Penny is a favorite among collectors, partly because it marks an important cultural shift in U.S. coinage — and partly because so many fascinating variations exist.

Why Some Lincoln Wheat Pennies Are Valuable
Not all Wheat Pennies are created equal. While many are only worth a few cents above face value, certain ones are worth thousands or even $100,000 based on several factors:
- Minting Errors: Mistakes like double dies or off-center strikes create rare collectibles.
- Low Mintage: Some years and mint locations produced very few coins.
- Condition: Coins in pristine condition (known as “Mint State”) fetch higher prices.
- Historical Significance: Special years or errors that tell a unique story attract collectors.
Rare coins are a product of chance and circumstance, and the Lincoln Wheat Penny lineup is full of both.
What Makes Certain Wheat Pennies Worth $100,000
Let’s get to the heart of it: Which Wheat Pennies can be worth $100,000?
Several characteristics boost a penny’s value astronomically:
- The 1943 Copper Penny
During WWII, pennies were supposed to be made of steel due to copper shortages. However, a few 1943 pennies were mistakenly struck in copper. These 1943 Copper Wheat Pennies have sold for $100,000 to over $1 million at auctions! - 1955 Double Die Obverse
A famous error where the date and letters appear doubled on the front. Highly sought after and can easily reach six figures in pristine condition. - 1922 No D Penny
Minted in Denver, but the “D” mintmark is missing due to die polishing — incredibly rare in strong condition. - 1909-S VDB Penny
Only 484,000 were minted, and it bears designer Victor D. Brenner’s initials prominently on the reverse — an extremely coveted piece.
Important Note: A coin’s grade — its state of preservation — greatly influences its value. An MS65 (Mint State 65) example can fetch many times more than a worn version.
How to Identify Valuable Lincoln Wheat Pennies
If you want to find a $100,000 penny, you need to know what to look for! Here’s a checklist:
Feature | What to Check |
---|---|
Year | Focus on 1909, 1922, 1943, 1955 |
Mint Mark | “D” (Denver), “S” (San Francisco), or no mark |
Errors | Doubling, missing mint marks, off-center |
Material | 1943 pennies should be steel, but if copper-colored, check carefully! |
Condition | Look for sharp details, no heavy wear |
Weight | Copper pennies weigh 3.11g; steel pennies weigh 2.7g |
Investing in a cheap coin scale and magnifying glass can greatly boost your chances.
Famous $100,000 Lincoln Wheat Pennies
Let’s look at the legends of the numismatic world — Wheat Pennies that made headlines:
1. 1943-D Copper Penny
- One of only a few known.
- Sold for $1.7 million in 2010.
- Could still theoretically appear in circulation!
2. 1955 Double Die
- A collector favorite.
- Minted with a striking error that’s obvious even to the naked eye.
- Top examples sell for $125,000+.
3. 1922 No D Strong Reverse
- Unique because it lacks the mintmark altogether.
- Top-grade coins can bring $90,000-$100,000.
4. 1909-S VDB
- The first-year, low-mintage icon.
- Top specimens regularly cross the $100,000 threshold at auctions.

Where and How These Coins Could Still Appear
You might wonder: “How could something worth $100,000 still be floating around?”
Here’s how:
- Old coin collections being spent unknowingly.
- Inheritance: Heirs spending old coins without checking.
- Roll hunting: Going through bank rolls of pennies.
- Garage sales and flea markets: Sellers unaware of what they have.
Though rare, there are confirmed stories of lucky people finding valuable Wheat Pennies in circulation — even in recent years.
Tips for Searching Your Spare Change
Want to boost your odds of finding treasure? Follow these tips:
- Focus on older pennies: Look for dates before 1959.
- Buy bank rolls: Search through “customer-wrapped” penny rolls.
- Use the right tools: Invest in a magnifier and digital scale.
- Stay patient: It’s a numbers game — the more you search, the better your chances.
- Educate yourself: Learn to spot common errors and rarities.
Persistence can pay off handsomely.
The Role of Coin Collectors and Auctions
Coin collecting (numismatics) is a thriving world where rare finds like the Lincoln Wheat Penny are bought and sold at premium prices.
Top auction houses like Heritage Auctions, Stack’s Bowers, and GreatCollections regularly auction Wheat Pennies for six-figure sums.
Professional grading services (PCGS, NGC) authenticate and grade coins, increasing their value and liquidity in the market.
If you find a rare penny, getting it graded professionally is critical before trying to sell.
The Future of Wheat Penny Values
Experts predict that Wheat Pennies will continue appreciating in value:
- Decreasing supply: More are being removed from circulation by collectors.
- Increased demand: Younger generations are entering coin collecting.
- Growing interest in tangible assets: Coins are seen as a hedge against economic uncertainty.
In short: The best time to start checking your coins is NOW!
Table of Valuable Lincoln Wheat Pennies
Year | Mint Mark | Key Features | Estimated Value |
---|---|---|---|
1909 | S VDB | Low mintage, designer initials prominent | Up to $100,000 |
1922 | No D | No mint mark, strong reverse | $90,000+ |
1943 | Copper (any mint) | Wrong material (should be steel) | $100,000 to $1,000,000 |
1955 | None | Double die obverse | $125,000+ |
1944 | Steel (rare) | Struck on leftover steel blanks | $75,000+ |
Conclusion
The story of the Lincoln Wheat Penny is one of history, rarity, and incredible opportunity. Every day, millions of pennies change hands, yet few realize they could be handling a fortune. Thanks to quirks of history — wars, mistakes, and limited mintage — some Wheat Pennies now command six-figure prices.
With a little knowledge, patience, and curiosity, anyone can participate in this modern treasure hunt. Who knows — your next pocketful of change could make you $100,000 richer!
So, next time you get pennies in your change, take a closer look — you might just strike gold!
FAQs
1. What year Lincoln Wheat Penny is worth $100,000?
Primarily, the 1943 Copper Penny and the 1955 Double Die Obverse can reach or exceed $100,000, depending on condition.
2. How can I tell if my 1943 penny is valuable?
If your 1943 penny sticks to a magnet, it’s steel (common). If it doesn’t stick, it could be a rare copper version worth thousands or even millions!
3. Where is the mint mark on a Lincoln Wheat Penny?
On the obverse (front) side of the penny, below the date. It will either show no mark (Philadelphia), “D” (Denver), or “S” (San Francisco).
4. Are all 1909 pennies valuable?
No, only the 1909-S VDB pennies are extremely valuable due to their low mintage and historical significance.
5. Should I get my old Wheat Pennies professionally graded?
Yes! If you think you have a rare or mint-condition penny, professional grading by PCGS or NGC can significantly increase its value.