
A humble 1917 Lincoln Wheat Penny just stunned the coin world, selling for an incredible $38,813. π°
Now, collectors everywhere are combing through their change and old collections in hopes of uncovering one of these hidden treasures from the World War I era.
π Why the 1917 Penny Is So Valuable
Several key factors drive its sky-high value:
βοΈ Low mintage for certain varieties
βοΈ Mint State condition (MS-65 or higher = extremely rare)
βοΈ High demand among collectors of early Lincoln Wheat Cents
βοΈ Historic connection to the World War I period
π 1917 Penny Values at Auction
Variety | Grade | Estimated Value |
---|---|---|
1917 (No Mintmark) | MS-68 | $38,813 π° |
1917 (No Mintmark) | MS-66 | $21,275 |
1917-S | MS-65 | $36,800 |
1917-D | AU-58 | $1,200 β $2,500 |
π΅οΈ How to Spot a Valuable 1917 Penny
1οΈβ£ Check the Mintmark
- No mintmark = Philadelphia
- βDβ = Denver
- βSβ = San Francisco
2οΈβ£ Inspect the Condition
- Look for full red luster (not brown or dark)
- Crisp wheat stalks on the reverse
- No wear on Lincolnβs jaw, cheek, or coat
3οΈβ£ Look for Mint Errors
- Doubled dies
- Off-center strikes
- Repunched mintmarks (RPMs)
π Where These Rare Pennies Might Be Hiding
- Family coin albums or inherited collections
- Old bank rolls from the 1910sβ1930s
- Antique shops & flea markets
- Estate sales in older neighborhoods
β οΈ Found One? Hereβs What To Do
π§€ Handle carefully β only by the edges
πΈ Take clear, well-lit photos of both sides
β
Submit to PCGS or NGC for grading
π¦ Sell through top auction houses like Heritage or Stackβs Bowers
π¬ βA high-grade 1917 Wheat Penny is one of the crown jewels of any collection.β
β Sarah Miller, NGC Senior Grader
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