Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Maybe youve found a 1958 wheat penny and you think it might bethe rare and valuable 1958 doubled die penny. 1,053,478,300 coins were struck in the last year of the mintage. Lincoln Wheat Small Cents 1909-1958 When locked, you will be scrolled directly to this table for all coins. WebThe 1958-D Lincoln cent is the last wheat Lincoln cent struck at the Denver Mint. 76 sold. You may also find that the 1958 date slightly doubles, although not very pronounced. References. Lower numbers indicate rarer coins. However, one that was in near-perfect condition sold at auction recently for $150, so you just never know! Heres what 1958 Lincoln cents are worth, including the collectible 1958 proof pennies: *Values for the 1958 wheat penny and the 1958-D penny correspond to problem-free coins that have not been cleaned or otherwise damaged and are in average circulated condition. ? Continue with Recommended Cookies. Sponsored Ads. WebOld Indian Head/ Wheat Cent Rolls 1909-1958-50 P D S Coins Steel USA. 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. If your 1958 wheat penny is in Extremely Fine condition, it is worth about thirteen cents, and Uncirculated wheat pennies from this year are worth from about 33 cents to $1.13, depending on how pristine it is. Manage Settings $1.08 shipping. In MS67 condition they are also much easier to find and there are plenty out there for collectors to choose from. 1909 S VDB Penny (Shop eBay) Lincoln Penny Errors (Shop eBay) Walking Liberty Half Dollar (Shop eBay), 2021 Morgan Silver Dollar Value, Release Date, Mint Mark, 1944 Steel Penny Value, Best Grades, Mint Types, 1981 Quarter Value, Error List, & Investment Outlook, 1957 D Wheat Penny Buyers Guide, Value, Errors, 10 Most Valuable Wheat Pennies Worth In 2023, 1951 D Wheat Penny Value, Top Varieties, Errors, & Outlook, 1928 Buffalo Nickel Value, Mint Types, Errors, 1920 Wheat Penny Value (No Mint Mark?) Read more in our privacy policy. If you wish to invest in a 1958 wheat penny, consider buying one in excellent condition or the frosted coin in mint condition. NOTE: Some mistakenly call it a 1958 double die penny but that term is incorrect, as the image on the die is being doubled during the hubbing process.The phrase double die implies there are 2 dies somehow involved with this error variety which is not the casewith a doubled die coin. My love for coins began when I was 11 years old. The $100,000.00 1958 Doubled Die Obverse Lincoln Cent Rare Variety Penny, See Which Old Pennies Are The Most Valuable, Old Copper Pennies: Which Ones To Save & What Theyre Worth, A List Of 43 U.S. Pennies Worth Holding On To, 1970 Penny Value: What Are 1970 Pennies Worth? 1958 Doubled Die Obverse Wheat Penny MS64RD - Sold for $336,000 in March of 2018; 1909 VDB VDB Proof Wheat Penny PR67+ - Sold for $258,500 in August of 2014; 1943 Lincoln Cent (Wheat Reverse) AU58 - Sold for $218,500 in January of 2010; 1944 Steel Wheat Penny MS64 - Sold for $180,000 in June of 2021; This helps determine the amount of wear that has occurred on the surface. Or, what looks like a 1958 penny error might also be die deterioration doubling which is caused by excessive overuse of dies, die preparation errors, or other problems. In uncirculated condition the price is Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. We also present investment advice to provide coin collectors with a way of reflecting on their potential future value. Therefore, the 1958-D tends to come in much better quality. We look at valuable mint error coins that you should know about when coin roll hunting from the bank. $2.99 shipping. I'm sharing this collecting experience with others through educational videos on YouTube. 1958 Wheat penny Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services. WebOn January 22, 2023 GreatCollections Auctions sold a PCGS MS65 Red example, which realized $1,136,250 with the buyer's premium. Philadelphia represents 14,001,287,771 pennies of the total. Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Like the Philadelphia mintage, many of these coins remain in mint condition as they were struck at the end of the design. WebUSA Coin Book Estimated Value of 1958-D Lincoln Wheat Penny is Worth $0.06 in Average Condition and can be Worth $0.34 to $1.16 or more in Uncirculated (MS+) Mint Condition. or Best Offer. A recap of the wheat penny series 1909 to 1958 saw mintage totals of all varieties amounting to 25,787,656,675 coins. During the grading process, the coin is compared to descriptions and images. Real Experiences. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Besides, most of the coins in circulation did not wear out as much as those made years ago. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. It results from some loose parts in the minting process. 1958 D Wheat Penny value This year the Denver Mint did a much better job at producing nicer coins compared to the previous years. Also, click here to Learn About Grading Coins. The die is doubled from an error in the rubbing process. Im the Coin Editor here at TheFunTimesGuide. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. Web1958 D Penny Value (1 - 17 of 17 results) Price ($) Any price Under $25 $25 to $250 $250 to $500 Over $500 Custom. A 1933-D, for example, may be valued at $2.30 or more. Valuable Doubled Die Quarters That You Can Find In Pocket Change! Sealed Wheat Penny Roll! WebThe 1958 wheat penny with no mint mark and the 1958 D wheat penny have similar values. However, the proof coin, especially the frosted type, in mint condition can fetch up to $10 each, with the double die error coin going for between $131,237 and $214,211! Is this error? If you buy thru these links, we may earn a commission at no additional cost to you. Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Just a handful of these coins are said to have been created. 1958 D Wheat Penny Value (Up To $2,880!) 01-14-2019 Heritage Auctions. $3,360 WebIn almost uncirculated condition these 1958-P usually resells for $3-$7 while the 1958-D usually resells for $1.50-$3. The original coin has a bright luster. These two are likely to be in short supply as the years go down. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. The Denver version of the 1958 wheat penny had a D mintmark just under the date. These coins also have a flat rim, unlike the regular cents that have a rounded one. The most valuable example of the 1958 doubled die penny sold for $1,136,250 in a January 2023 auction. Since new coins were getting into circulation the following year, many of these coins did not get into circulation. However, a coin that is moderately circulated has a warm toning. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. Join Level 2 for me to review your coin images:https://www.youtube.com/channel/UC7q1Z-AFXwTVB6gmPVHYzlA/join https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___________________________TWITTER: @couchcollectINSTAGRAM: @couchcollectiblesFACEBOOK: @couchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___________________________Welcome to Couch Collectibles formerly known as Couch Coins! Lincoln Wheat Penny 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. On the other hand, the DDO error comes from mistakes in the hubbing process. This video shows what a real 1958 doubled die penny looks like:The $100,000.00 1958 Doubled Die Obverse Lincoln Cent Rare Variety PennyWatch this video on YouTube. Feel free to view my other coin videos here on YouTube. Find Out Here. Lower numbers indicate rarer coins. Discussion in 'What's it Worth' started by Regina D Mcmullen, Apr 30, 2023 at 2:38 AM. On the other hand, highly fine-graded coins have light but noticeable wear, the hair behind the Lincoln temple is slightly flattened, and the jaws and cheeks have a smooth texture. Do you have a 1958 Penny Worth A LOT of Money? PCGS The Standard for the Rare Coin Industry. In MS65 condition they are now abundant. 1958 D Penny Value A machine-doubled coin (mechanical or shift doubling) is when the die shifts slightly as the coin is struck. The date and mintmark variety is the first value pointers to look for, followed by the grading condition. Web1958-D penny (Denver mintmark under the date) 800,953,300 minted, 5 to 10+ cents. Read on to find out what your 1958 wheat pennies are worth and to see if youve got a legit 1958 doubled die penny. 1958 Wheat Penny Value, Mint Types 1930-1939 Lincoln Wheat Penny LOT of 10 Coins Varying conditions. Want to know what its worth? The higher the number, the more rare the coin. At the time, this was a world record price for a1958 Doubled Die Lincoln Cent. Enter maximum price Rare 1958 D Wheat Penny ad vertisement by ancientANDcopper. However, most have turned brown over the years and lost the matte luster. In extremely fine condition the value is around $0.12. 1958 was a busy year! The uncirculated coin has a delicate luster. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! 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. The 1958 DDO error coin is the rarer of the wheat penny coins. These coins had a mint finish and lasted longer than any other coins in circulation. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. There is a rarer version of the proof Lincoln coins, which has frosted lettering and designs compared to the others, which have a highly reflective surface, although a little toned from years of circulation. Real People. In Most pennies post-WWII start to see a dramatic decline in value, that really ushered in a true boom period for the American economy, and more currency was being produced. Although market prices have eased over the last few years, this renewed interest has kept values and prices pretty stable over time. WebUSA Coin Book Estimated Value of 1958 Lincoln Wheat Penny (Doubled-Die Obverse Variety) is Worth $137,743 to $224,831 or more in Uncirculated (MS+) Mint Condition. This post may contain affiliate links. The consent submitted will only be used for data processing originating from this website. Check your inbox or spam folder to confirm your subscription. They had a grainy feel at the time of their making and looked like uncirculated, new coins. Therefore, the 1958-D tends to come in much better quality. If youre wondering what exactly the difference is between a doubled die coin and a machine doubled coin, heres what you need to know: Most photos of supposed 1958 doubled die pennies submitted here show very slight machine doubling. A 1958 Wheat penny represents an iconic US coin. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Free shipping. 1958 This is what made them the preferred coins for people looking for coins in mint state condition.