1956 D Wheat Penny

I think the 1956 d wheat pennies should go on strike for $1,000,000.00 meant to say.cause I said so.lol would be nice just being humorous!! IGotALLtheBestCoinz, Jun 30, 2017 #16 + Quote Reply. The boldest of the Lincoln wheat cents. This variety is listed in CONECA's top 100 RPM's. 1956-D Lincoln Wheat Cent images, facts values. Value of 1956-D Lincoln Wheat Cent, key date prices and images. Mint error, variety list. Do you have a 1956-D cent worth $55?

The value of a 1956 D wheat penny can be found by consulting a price guide, such as those provided by CoinTrackers and USA Coin Book. According to CoinTrackers, as of 2014 a 1956 D wheat penny may be worth between 15 cents and 60 cents. The actual collector's value of a coin is based on both the rarity of the coin and its current condition. The wheat penny is a classic iconic early 21st century American coin with a face value of 1 cent that was minted from 1909 to 1956. On a personal note we just love searching penny rolls for wheat and indian head pennies.

The 1956 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

Specifications

Type: Wheat Penny
Year: 1956
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams

The US minted the 1956 wheat penny with no mint mark and also the 1956 D wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

SeriesLocationQuantity Minted
1956Philadelphia420,745,000
1956 DDenver1,098,201,100

Value

The 1956 wheat penny with no mint mark and the 1956 D wheat penny have similar values. Each coin is worth around $0.10 in very fine condition. In extremely fine condition the value is around $0.12. In uncirculated condition the price is around $0.30-0.35 for coins with an MS-63RB grade. Uncirculated coins with a grade of MS-65RB can sell for around $1.

Proof coins with no mint mark are available and they are each valued at around $10 in PR 65 condition. There were 669,384 proof coins minted.

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D Above Shadow D Error Coins

There is a rare error variety for the 1955 D wheat penny. On the obverse side of the coin the D mint mark is minted above a shadow D.

The 1956 wheat penny D above shadow D error coin is worth around $10 in very fine condition. In extremely fine condition the value is around $25. In uncirculated condition the price is around $35 for coins with an MS-63RB grade.

Grading System

Very fine- Lincoln's jawbone and cheekbone are worn but still separated. The wheat heads are not worn.

Extremely fine- There is only slight wear on the coin. All of the details are sharp.

MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. The color is red-brown.

1956 D Wheat Penny

MS-65RB gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable. The color is red-brown.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

Sources:


See also:

1957 Wheat Penny
1955 Wheat Penny
1954 Wheat Penny

1956 D Wheat Penny Almost Perfect Condition

Wheat Penny Overview

Usa online casinos 2020. The Lincoln Cent, more commonly known as the Lincoln Wheat Penny, is one of the most popular coins for today’s collectors. It was America’s first coin to feature the bust of a president. This concept was so widely enjoyed by consumers that all future coin designs would feature different presidential busts.

Sculptor and artist, Victor Brenner was chosen as the designer for America’s new one cent coin in 1909. Brenner’s design was meant to pay tribute to 16th president Abraham Lincoln's 100th birthday as well as the nation’s farming background. The design was accepted as the new one cent design, retiring the Indian Head Penny version.

On the obverse of the coin, a bust of President Lincoln is centered facing right. The well-known motto, “IN GOD WE TRUST”, can be found centered directly above the bust of Lincoln. “LIBERTY” can be found in the left field and the date of mintage is found to the right.

Brenner’s reverse design was meant to be very simplistic with the words “ONE CENT” and “UNITED STATES OF AMERICA” centered between two large wheat stalks. The wheat stalks were a tribute to America’s humble beginnings as a farm-based country, which later progressed into an industrial power. “E PLURIBUS UNUM” is also present and centered at the top of the coin.

If you want to learn more about the Lincoln Cent or other rare and collectible cents, be sure to read our Ultimate Guide to Pennies.

History of the 1955 Wheat Penny

Of all the coins in the Wheat Penny series, the 1955 Wheat Penny might be one of the most well known. Its prominence as the most well-known doubled die is what makes its history so interesting.

Mintage numbers released by the Philadelphia Mint show that 390,958,000 examples were minted. Like all other wheat pennies except for those produced in 1943, the 1955 Wheat Penny was made with a composition of 95% copper and 5% zinc. Weighing 3.11 grams and having a diameter of 19.05mm, the Wheat Penny had the same physical properties as the previous Indian Head Penny.

1956 D Wheat Penny Worth

The Legendary 1955 Doubled Die Wheat Penny

1956 D Wheat Penny Value

During minting of the 1955 Wheat Penny, one of the most remarkable errors in numismatics occurred. By far the most well-known double die error coin, the 1955 DDO Wheat Penny is sought after by coin collectors all across the country. With its unmistakable doubled image on the obverse of the coin, it is one of the easiest errors to see.

The error was produced when a hub and working die were struck together at a rotated angle and this caused the image to be rotated and heavily doubled. The die was then used to strike 1955 Wheat Pennies, making the entire obverse design appear doubled.

It was only after 20,000 to 24,000 error coins were produced that the error was found by mint employees, who chose not to find the error pennies and melt them to keep them out of circulation. These doubled 1955 Wheat Pennies were then distributed into public circulation, where it didn’t take long for consumers to start noticing the error.

Since most people found and kept the Doubled Die 1955 Wheat Penny within the first year they were in circulation, many examples are in near uncirculated or uncirculated condition.

Significant doubling can be seen on the date and in the mottos, “LIBERTY” and “IN GOD WE TRUST”. Some doubled dies do not have as significant doubling, making them worth less and referred to as the “poor man’s doubled die”. All examples should be authenticated through a top tier third-party grading company as counterfeits do exist.

1956 D Wheat Penny Error Value List

Value of the 1955 Wheat Penny

As far as regular 1955 Wheat Pennies that exhibit no signs of doubling, the value is non-existent or really low.

Only uncirculated examples in MS-63 or higher condition have any type of real value. MS-63 has a retail value of $1 and MS-65 examples have a larger jump to $16. A very quick rise to $55 can be seen with a one-point increase to MS-66.

1956 D Wheat Penny Value

For the much sought after 1955 Doubled Die, the prices are significantly higher compared to regular strike examples. Even in the lowest grade of Good 4, the retail price is just under $1000. A value of $1,450 is given for examples in Very Fine 20.

Uncirculated examples are where the largest jump in price occurs. MS-60 has a value of $2,050 and in MS-63 examples are worth $2,800. Only 12 coins have been graded MS-65 by PCGS, and are valued at $7,600!

Although 20,000 to 24,000 1955 Doubled Die Wheat Pennies were minted, PCGS estimates that only 15,000 still survive today. With this small surviving number, fewer collectors will be able to get their hands on the most sought after doubled die coins ever minted.