Coin and Paper Money Collecting/1914-D Penny

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Question

penny
I was wanting to know your opinion on this coin.  The approximate value/worth and anything else I should look for.  Also where would you go to sell a coin like this.. The information I have read on this particular coin is that the worth of this is pretty high... What makes this particular 1914-D wheat penny so rare?

Answer
Candice, the 14D in lower grades is the no. 2 coin in the Lincoln penny series behind the 1909 SVDB.  It had a fairly low mintage and is pretty scarce.  The Lincoln cent is highly collected and so prices are higher than comparable dates in other series not as heavily collected (compare 1914S quarter for example, probably a bit rarer than 1914D cent, but not nearly as many people want one).

Value depends greatly on grade.  Hard to grade your piece off the picture and haven't checked authenticity (expert would have to view) but the value ranges from mid-300s for VF to 800 or so for EF and your piece looks in that range to me (though can't be sure). If piece is cleaned or has other problems, value will be way less -- also if you do anything to try to improve appearance or grade, trust me you will substantially reduce value so please don't try. You may want to try going to www.ebay.com and doing a search for 1914D cent and 1914D penny to see what is being sold and look at the picture.  Compare in particular your date and mint mark with that of the pictures to see if they match; also check your piece around the date and mint mark for any unusual color or markings that might suggest tampering.  Best to show to a coin dealer at a coin show or local shop or to a "grader" -- they come to some shows in bigger areas.  Jim Lawniczak

Jim Lawniczak

Expertise

I will answer your questions about encased coins (lucky pennies), which are advertising and event tokens with coins, unually cents, struck with the token.

Experience

Long time collector of encased coins and author of several articles on encased coins.

Organizations
TAMS, ECI (Encased Collectors International)

Publications
TAMS -- several articles on encased coins, in particular the encased coins of the 1901 Buffalo Pan American Exposition
Casement -- many articles on encased coins

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