Coin and Paper Money Collecting/lincoln wheat pennies
Expert: PAPAJACK - 11/22/2008
QuestionMy mother owns a roll of 30 out of circulation Lincoln wheat coins awarded by International Home Shopping with a registration #. Does this have any Value?
AnswerHello Debbie,
Lincoln Head Cents 1909 to 1933 are a bit more valuable than dates after that.
For grading the Cent Lincolns bow tie and ear wear first. Also is there any mint mark on the coin?
Wheat cents were minted from 1909 to 1958, at the Philadelphia, Denver, and San Francisco Mints. If you see a "D" below the date, the coin was minted in Denver. If you see an "S" below the date, the coin was minted in San Francisco. If there is no letter below the date the coin was minted in Philadelphia.
Note that as long as the coins were never cleaned or mishandled they are collectable. If not the value is drastically less.
A cent from these years in a lower grade (4 to 30) will sell for less than .50 cents each. Their value is all in their state of preservation. (As little as .15 cents each). If they show full details on the Jaw, Bow Tie and Wheat Heads they are much more collectable and sell from $3 to $7 dollars in grades from 30 to 55.
Some Examples;
A Philadelphia issue 1909 cent in circulated condition sells from $1.00 to $3.00 dollars. A 1940 Philadelphia issue coin can sell from .10 to 50 in circulated grades. For pre 1940 Lincoln Cents there are only a few valuable circulated condition coins to look for.
1909-S, 1910-S, 1911-D, 1911-S, 1914-D, 1914-S, 1915-S, 1921-S and 1922-D OR 1922 no D,
1924-D, 1926-S, 1931-D, 1931-S.
THESE ARE ALL KEY OR SEMI-KEY DATES FOR Lincoln cents. There are some others as well.
If you need help grading and evaluating a few please write me back.
Or to locate a dealer in your area write me back, and check the private question box on the page, give me the nearest large City and postal zip codes.
I will refer you to an expert in your area who will give you a free opinion.
I hope this information helps and if you need more feel free to ask.
Thank You and Good Luck