Introduction
If you’re a coin collector, you’re probably familiar with the Wheat Penny. This penny features two stalks of wheat on the reverse side, and was minted by the United States government from 1909 to 1958. Wheat Pennys are a popular choice among collectors, and are often sought after for their historical significance and value. In this article, we’ll guide you through everything you need to know about Wheat Pennys for sale.
History of the Wheat Penny
The Wheat Penny was first minted in 1909 to commemorate the 100th anniversary of Abraham Lincoln’s birth. Designed by Victor D. Brenner, the penny features a profile of Lincoln on the obverse side, and two stalks of wheat on the reverse side. The wheat symbolized the country’s agricultural roots, and the coin quickly became a popular choice among collectors.
Types of Wheat Pennys
There are several different types of Wheat Pennys, each with its own unique characteristics. The most common types include: – 1909 VDB: This penny features Brenner’s initials on the reverse side, and is highly sought after by collectors. – 1914-D: This penny was minted in Denver and is considered one of the rarest Wheat Pennys. – 1922: This penny was only minted in Denver and features no mint mark on the reverse side. – 1955 Double Die: This penny features a double die error, which makes it highly valuable to collectors.
How to Buy Wheat Pennys
If you’re interested in buying Wheat Pennys, there are several options available to you. You can purchase them from coin dealers, online auctions, or online marketplaces. When buying Wheat Pennys, make sure to do your research and only buy from reputable sources. Be wary of counterfeit coins, as they can be difficult to spot.
How to Store Wheat Pennys
Proper storage is essential for preserving the value and condition of your Wheat Pennys. Keep them in a dry, cool place, and avoid handling them with your bare hands. Use cotton gloves or a soft cloth to handle your coins, as oils from your skin can cause damage. You can also store your Wheat Pennys in coin albums or protective sleeves.
How to Grade Wheat Pennys
Grading is the process of evaluating the condition of a coin. The condition of a Wheat Penny can greatly affect its value, so it’s important to know how to grade them. The most commonly used grading system is the Sheldon Scale, which ranges from 1 to 70. A coin graded as 70 is considered perfect, while a coin graded as 1 is considered barely identifiable.
Conclusion
Wheat Pennys are a popular choice among collectors, and can be a valuable addition to your coin collection. When buying Wheat Pennys, make sure to do your research and only buy from reputable sources. Proper storage and grading can help preserve the value and condition of your coins. Happy collecting!