What Is A 1916 Wheat Penny Worth. It ranges in value from about $8 to $800. In extremely fine condition the value is around $15.
Lot 1916S Lincoln Wheat Penny UNCIRCULATED
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. 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. 1916 proof penny — 1916 proof lincoln wheat cents were struck at the philadelphia mint for coin collectors. It ranges in value from about $8 to $800. Given the popularity of collecting lincoln wheat cents, there will always be a demand for quality coins. Web all 1916 pennies are special with potential. In extremely fine condition the value is around $15. Click here to learn how to use coin price charts. Web unfortunately, the vast majority of lincoln wheat pennies found in circulation, inherited folder collections, or in jars of old coins are worth less than 10 cents apiece.
Strictly from a value stand point all wheat pennies have a base worth of a few cents each. Any 1916 penny is well above this minimum because of a few special qualities. It ranges in value from about $8 to $800. In very fine condition the value is around $6. Also, click here to learn about grading coins. Given the popularity of collecting lincoln wheat cents, there will always be a demand for quality coins. Strictly from a value stand point all wheat pennies have a base worth of a few cents each. In extremely fine condition the value is around $15. 1916 s wheat penny source: The most expensive wheat penny was graded mint state (ms) 67, and it sold for $8,338 at an auction in 2004. Collecting wheat cents is structured by availability and cost to collectors.