How much is a 1959 wheat penny worth

Gold: $1,681.32

Silver: $20.85

Platinum: $960.00

Palladium: $1,796.00

Euro: $1.00

Bitcoin: $21,291.51 $106.99

Ethereum: $1,640.82 $9.46

Canadian Dollar: $0.74

Australian Dollar: $0.65

Cardano: $0.42

Litecoin: $68.83 $0.96

How much is a 1959 wheat penny worth

How much are my Lincoln Cents - Memorial Reverse worth?

About Lincoln Cents - Memorial Reverse

Lincoln Memorial cents were struck from 1959 through 2008 and reign as one of the world?s most widely recognizable coins. While the Lincoln Memorial cent is technically an obsolete series, billions are still in circulation. Save for any changes to United States laws against the melting of copper coins, these coins are likely to remain common for decades to come. The Lincoln Memorial cent contains the original 1909-vintage Lincoln obverse design by Victor David Brenner and includes a reverse design by Frank Gasparro. The Lincoln cent redesign, replacing the original wheat reverse motif that premiered with the series in 1909, was launched to commemorate Abraham Lincoln’s 150 anniversary of birth.

While largely common, Lincoln Memorial cents do offer collectors a few neat varieties and a handful of real rarities. Chief among the error varieties are the 1969-S, 1972, 1983, 1984, and 1995 doubled dies, with the 1969-S doubled die pulling high five- and low six-figure prices on the scarce occasions when the rarity turns up in auction. Also important to recognize are the 1960 and 1960-D large and small date varieties and the 1970-S small date cents.

In 1982, the composition of the Lincoln cent changed from 95% copper and 5% zinc to copper-plated zinc. Making matters all the more complicated for numismatists are the large- and small-date varieties of 1982 shared across both compositional profiles. At least a few significant transitional errors were born of this milestone compositional changeup, with the most valuable being the 1982-D bronze small-date Lincoln cent; the discovery specimen of which sold for $18,800 in 2017. To date, similar though less-valuable off-metal transitional errors are known for the 1983-D and, more oddly, the 1989-D Lincoln cent.

The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.

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Most 1959 Lincoln pennies aren't valuable. However these pennies can sell for a premium in uncirculated condition. Keep reading to learn more about these one cent coins.

How much is a 1959 wheat penny worth

Specifications

Type: Lincoln Penny
Year: 1959
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams

The US minted the 1959 penny with no mint mark and also the 1959 D penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

SeriesLocationQuantity Minted
1959 Philadelphia 609,715,000
1959 D Denver 1,279,760,000

Value

Most 1959 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition.

The 1959 penny with no mint mark is worth around $0.20 in uncirculated condition with an MS-63RB grade. The value is around $1 in uncirculated condition with a grade of MS-65RD.

The 1959 D penny is worth around $0.50 in uncirculated condition with an MS-63RB grade. The value is around $1 in uncirculated condition with a grade of MS-65RD.

Proof coins with no mint mark are available and they are each valued at around $3 in PR-65RD condition. There were 1,149,291 proof coins minted.

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Grading System

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.

MS-65RD 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.

PR-65RD proof- There are no flaws to this coin. A few blemishes may be present. The color is red.

 

Sources:

The Red Book

See also:

1960 Penny

What is a 1959 mule penny?

In 1986, a retired police officer named Leon Baller announced that he bought a 1959-D Lincoln cent with a wheat reverse design. This type of coin is referred to as a "Mule," since all 1959 cents should have a memorial reverse design.

How much is a 1959 d penny error worth?

This 1959-D Wheat Penny Is A Mule Coin Worth $50,000... See Why This Mule Error Coin Is So Rare And Valuable! The 1959-D wheat penny is one of the most controversial mule coins ever. It's worth $50,000!

Is a 1959 penny made of copper?

From 1959–1962 the penny was made up of 95% copper, 5% tin and zinc. However, from 1962–1982, the composition of the penny was changed by removing the tin, making the penny 95% copper and 5% zinc. They all would weigh in at 3.11 grams.

What year wheat penny is worth a lot of money?

1931-S Wheat Penny The 1931 S Wheat Cent was hoarded by many people so it's relatively easy to purchase uncirculated grades of this coin. As with most pennies, the ones designated "Red" fetch the highest prices. In 2021, an MS66+RD graded coins (pictured left) sold for $18,600.00!