Think that old penny in your pocket is only worth one cent? Think again. Among the most iconic American coins, the Lincoln Wheat Penny—minted between 1909 and 1958—has become a favorite for coin collectors. While most are common, a few rare varieties have skyrocketed in value, with some worth over $100,000.
Here’s a closer look at seven rare Lincoln Wheat pennies that might still be hiding in your pocket change or coin jar—just waiting to be discovered.
1. 1909-S VDB – The Crown Jewel of Lincoln Pennies
Known as the holy grail for collectors, the 1909-S VDB Wheat Penny was the first coin in the Lincoln series. It features the initials “VDB” for designer Victor David Brenner on the reverse. Due to public backlash, only 484,000 were minted before the initials were removed.
Estimated value: $700–$1,000 in circulated condition, while uncirculated versions can fetch over $60,000.
2. 1914-D – A Denver Mint Rarity
The 1914-D Lincoln Wheat Penny is one of the scarcest regular-issue coins. With less than 1.2 million produced, it’s especially difficult to find in high-grade condition.
Estimated value: $200–$400 for worn examples; pristine versions can sell for $5,000 to $10,000+.
3. 1922 “No D” – A Mint Mark Mystery
In 1922, only the Denver Mint struck pennies. Due to die wear, some coins were minted without the “D” mint mark, creating a famous and valuable error.
Estimated value: Starts at $500 for lower grades; can exceed $10,000 in higher grades.
4. 1943 Bronze Penny – A Wartime Error Worth a Fortune
During World War II, the U.S. Mint used steel-coated zinc instead of copper. However, a few bronze planchets from 1942 were accidentally used in 1943. These error coins are now among the most valuable Lincoln cents in existence.
Estimated value: $100,000–$250,000 based on condition.
5. 1944 Steel Penny – The Reverse Error
In 1944, the U.S. returned to copper pennies, but a few steel planchets from 1943 mistakenly made it into production. This reverse error is incredibly rare.
Estimated value: Between $30,000 and $100,000, depending on condition and certification.
6. 1955 Doubled Die – The Error That Made Headlines
The 1955 Doubled Die Lincoln Penny features one of the most dramatic and easily visible errors in coin history. The inscriptions and date appear doubled, making it a standout even to the untrained eye.
Look for: Doubling on “LIBERTY” and “IN GOD WE TRUST.”
Estimated value: $1,000–$10,000 or more depending on grade.
7. 1931-S – Depression-Era Rarity
During the Great Depression, coin production slowed dramatically. Only 866,000 pennies were minted at the San Francisco Mint in 1931, making the 1931-S Wheat Penny a sought-after coin among collectors.
Estimated value: $75–$300 in circulated condition; over $1,000 for uncirculated pieces.
Final Thoughts: Could a Rare Penny Be in Your Pocket?
While most Lincoln Wheat pennies are worth just slightly more than face value, these seven standout coins prove that real treasures can hide in everyday places. Whether they’re sitting in a change jar, an old wallet, or a family heirloom box, these coins could be worth thousands—or even hundreds of thousands—of dollars.
If you come across a Wheat penny, especially one from the early 1900s or wartime years, take a moment to inspect it. You might just have a piece of American coin history—and a valuable one at that.