THE $38,813 WHEAT PENNY: ULTIMATE GUIDE TO 1917 LINCOLN CENTS

WHY SOME 1917 WHEAT PENNIES ARE WORTH A FORTUNE

While most 1917 pennies are worth 1–1–100high-grade examples can sell for 21,275to21,275to38,813+. Here’s how mint marks and condition create massive value differences.


1917 WHEAT PENNY VALUE BREAKDOWN

Mint MarkGradeValueKey Feature
No Mint (P)MS-68$38,813Rarest in top grades
“D” (Denver)MS-66$21,275Low-mintage (55.1M)
“S” (San Fran)MS-65$36,800Semi-key date (32.6M minted)

Note: Circulated examples typically fetch 5–5–500, depending on wear.


HOW TO SPOT A VALUABLE 1917 PENNY

  1. Check the Mint Mark:
    • No mark = Philadelphia (most valuable in MS-68).
    • “D” = Denver (scarce in high grades).
    • “S” = San Francisco (sought-after by collectors).
  2. Grade the Color:
    • Red (RD): Full copper luster = $10,000+.
    • Red-Brown (RB): Partial toning = 500–500–5,000.
    • Brown (BN): Circulated = 1–1–100.
  3. Examine for Errors:
    • Doubled Dies (rare for 1917).
    • Off-center strikes (adds 50–200% premium).

WHY THE 1917 PENNY IS SO VALUABLE

  • Historical Context: Minted during WWI (copper was prioritized for war).
  • Low Survival Rate: Most were heavily circulated; few remain in mint state.
  • Collector Demand: Key date for wheat cent enthusiasts.

WHERE TO SELL YOUR 1917 PENNY

  1. Get It Graded: PCGS/NGC certification is essential for top-dollar sales.
  2. Auction Houses:
    • Heritage Auctions (for coins >$10K).
    • Stack’s Bowers (for rare mint marks).
  3. eBay: For lower-grade examples (100–100–5K).

DON’T SPEND IT – CHECK YOUR COLLECTION!


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