The chart further narrows value by the condition of the coin. Among these base value cents a further separation is distracting marks and dark, uneven colors. I’ve contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. No collector wants to get their hands on a worn, tattered Lincoln penny, and for this reason you will notice that most pieces have been graded. Production of wheat pennies, all varieties combined, was the 10th highest in 1951. No Mintmark Under Date: Philadelphia Mint Struck the Coin. In fact, Uncirculated Lincoln pennies will be without flaw. A mint state example is sought with bright original reddish copper coloring and few contact marks. Grading Lincoln Wheat Pennies covers the grading process in more detail. Identify Three Varieties of 1951 Penny. Here’s the rundown on 1951 wheat penny values, mintage numbers, and 1951 wheat penny errors that are quite valuable…. Copper reacts to most elements. I’m also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). With popularity of collecting the wheat series and including all date and mint combinations, demand exist for these. By the way, circulated 1951 Lincoln Wheat Pennies can be had for around 10 to 20 cents each while uncirculated examples start at around $3 each and up. 1,055,941,000 struck and released into circulation. Uncirculated coins with a grade of MS-65RB can sell for around $2. An average quality 1951 penny has passed through circulation and is moderately worn. Surprising value is often found in the smallest of detail. Bag Of 500 Unpicked Wheat Pennies - Copper Lincoln Cent Lot. Striking the fewest was the San Francisco mint, continuing its historical trend. Date and mintmark collecting places a slightly higher value for the "S" mint cents. Many examples from the 1950's still remain very bright with original color. While you may not see many 1951 pennies in circulation today, nearly 1 billion were made. Luster also covers the high areas. Worn 1951 wheat pennies are generally worth less than 25 cents. My love for coins began when I was 11 years old. © Copyright 2020 JM Bullion. All Rights Reserved. Uncirculated Grade: A center piece to a wheat penny collection is mint state condition coins. I'm also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). Reading the value chart shows the increase in desirability of higher condition coins. Substantially more were produced at the Denver Mint that year – 625,355,000. Stages of wear are identified and a grade is determined. I'm a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. So, how can you tell whether you have a rare 1951 penny worth  thousands of dollars or a more ordinary worn 1951 penny worth only a few cents? https://nnp.wustl.edu/library/publisherdetail/51, Date by DateIn Depth Lincoln Penny ValueEarly Era 1909 to 1933, Date by DateIn Depth Lincoln Penny ValueSecond Era 1934 to 1958. $39.99. Striking the fewest was the San Francisco mint, continuing its historical trend. My love for coins began when I was 11 years old. I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Old pennies are highly collectible, and 1951 wheat cents are no exception. Date | Mintmark | Condition are considered; all described and imaged within each series. Have a 1951 wheat penny and want to know how much it’s worth? As usual, the San Francisco Mint produced fewer Lincoln Cents than the other two operating mints at the time, with 136,010,000 Pennies struck in 1951. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Detecting wear and condition by examining all parts of the coin's surface confirms a grade. Both remain bold. Lincoln's temple area now connects with his hair and is flattened, confirming an average quality coin. Overall, both coins are close in technical grade when judging wear. Here are some of the 1951 wheat penny errors that collectors know about, and their approximate values: While there are only a few 1951 wheat penny varieties and errors listed here, there are many more out there. Production of wheat pennies, all varieties combined, was the 10th highest in 1951. 1,055,941,000 struck and released into circulation. These coins are in the condition they left the mint. Collectors having many to choose from, seek eye pleasing examples. Numismatic Value: 15 cents to $18.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 15 cents, Copyright © 2004-2020 The Fun Times Guide | Privacy Policy | About | Contact | Sitemap, Old Lincoln Cents You Can Still Find In Pocket Change, 43 Most Valuable Pennies Worth Holding Onto, Old Copper Pennies: Which Ones To Save & What They’re Worth, Images of America: The United States Mint in Philadelphia. Rated as Abundant in numbers available, a special quality is needed to set a coin apart in value. For one, because there were up to 3 different types of Lincoln pennies produced each year, the exact type will have major bearing on its value. Here’s a look at some of the events and happenings from 1951: In addition to the links I’ve included above, here are some of our other articles about wheat pennies, including the 1951 wheat penny: I’m the Coin Editor here at TheFunTimesGuide. Though the modern version of the penny does not excite too many people, older versions, such as the 1951 Lincoln, are highly sought after by collectors of all types. Collectors follow a step by step approach of examining: Date | Mint Mark | Condition. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Type: Wheat Penny Year: 1951 Mint Mark: D Face Value: 0.01 USD Total Produced: 625,355,000 [ Silver Content: 0% Numismatic Value: 15 cents to $10.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 15 cents, while one in certified mint state (MS+) condition could bring as much as $10 at auction. 1951 pennies were struck during a busy year in history. Die chip to the right of T in CENT, just above the dent, The coin in the picture is the coin you will receive. I HAVE A ( 1951-S U.S. A noticeable difference is often the deciding factor between two coins and their appeal to a collector. Strike quality varies among wheat pennies. A fully separated bow-tie, showing all edges and defined knot indicates a higher condition penny. Judging condition and a further assessment of strike quality identifies an appealing coin. Along the left and right outer edges you will see two single stalks of wheat, which is how the penny got its “Wheat Penny” nickname. Give special attention to Grading Condition. We use user submitted pictures please read that article if you are interested in adding your own. Other rare and valuable 1951 pennies are those that contain errors and varieties, such as: The record price for any 1951 penny was $10,350 paid in 2006 for a Mint State-67 “Red” specimen with original, freshly minted reddish-orange color. A good indication of moderated wear is the flat and level surface now displayed along the jaw and cheek.

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