What Is A 1916 Wheat Penny Worth. Collecting wheat cents is structured by availability and cost to collectors. In extremely fine condition the value is around $15.
Lot 1916S Lincoln Wheat Penny UNCIRCULATED
In uncirculated condition the price is around $100 for coins with an ms 60 grade. Proof coins can be worth $3,202 or more. The value of this penny ranges from $1.95 to around $850. Any 1916 penny is well above this minimum because of a few special qualities. Collecting wheat cents is structured by availability and cost to collectors. Click here to learn how to use coin price charts. It ranges in value from about $8 to $800. Also, click here to learn about grading coins. In very fine condition the value is around $6. The coin can fetch up to $125 in uncirculated grades or more for red gem coins in mint state.
The most expensive wheat penny was graded mint state (ms) 67, and it sold for $8,338 at an auction in 2004. Given the popularity of collecting lincoln wheat cents, there will always be a demand for quality coins. Uncirculated coins with a grade of ms 63 can sell for around $125. In uncirculated condition the price is around $100 for coins with an ms 60 grade. 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. Premium specimens with original red surfaces trade for more than $550. Web the 1916 d wheat penny is worth around $1 in good condition. Web any wheat penny is worth at least 4 cents to most dealers. It ranges in value from about $8 to $800. Any 1916 penny is well above this minimum because of a few special qualities. 1916 s wheat penny source:
