At first glance, a penny might not seem like much. But some pennies, known as wheat pennies, have a story and in some cases can be worth more than their name. Whether you’re a casual coin collector, someone who loves history, or just curious about what might be hiding in a jar at home, wheat pennies are a fun reminder that small things can sometimes hold unexpected value.
Here's what to know!
What Is a Wheat Penny?
A wheat penny is a U.S. one cent-coin, minted between 1909 and 1958. It was first issued to honor Abraham Lincoln’s 100th birthday, getting its name from the two wheat stalks featured on the back of the coin, which symbolizes prosperity and growth.
Why Are Some Wheat Pennies Valuable?
Not all wheat pennies are worth more than a cent; but certain factors can increase their value. Depending on year and mint mark, misprints or limited runs, and overall condition some early-1900s wheat pennies or rare error coins have sold for hundreds and in rare cases, thousands of dollars.
Why People Love Collecting Wheat Pennies
For many collectors, wheat pennies aren’t just about money; they’re about curiosity, learning, and appreciation for the past. Wheat pennies connect everyday objects to history and show how small savings or big discoveries can add up over time.
A Simple Tip: Take a Second Look
If you come across old coins in a drawer, jar, or inherited collection, it may be worth taking a closer look. Checking year, mint mark, and condition can help you understand what you have, even if it’s just for fun!
Learning more about everyday items is one small way to build confidence and knowledge over time.
Final Thoughts
Wheat pennies are a great example of how value isn’t always obvious at first glance. Whether they’re worth a few cents or much more, they remind us that being curious, informed and attentive can lead to surprising discoveries. We believe that knowledge, no matter how it starts, is a powerful tool. Sometimes it all begins with looking a little closer.
Bonus: If you do come across an old jar of coins, after checking if they are valuable and you want to add that change to your CUD account stop by our Alameda branch. We offer a free coin counter for our members! Avoid counters at retail outlets that charge a percentage fee and add up the savings from those overlooked coins. Save more money with C·U·D!