At Pennyverse.info, we’ve identified the most valuable 1958 wheat penny varieties – including rare doubled die errors that can be worth thousands! Here’s how to spot these hidden treasures in your collection.
1958 Wheat Penny Value Breakdown
By Mint Mark & Condition
| Variety | Circulated | Uncirculated (MS-63) | Gem (MS-65+ Red) |
|---|---|---|---|
| Philadelphia | 0.05−0.05−0.50 | 5−5−25 | 50−50−500 |
| Denver (D) | 0.10−0.10−1 | 10−10−50 | 75−75−1,000 |
| Proof | 1−1−5 | 25−25−100 | 150−150−15,000 |
Most Valuable 1958 Errors
1. 1958 Doubled Die Obverse (DDO)
💰 Value: 500−500−5,000+
🔍 Identification:
- Clear doubling on “LIBERTY” and date
- Most noticeable on “8” in date
- Last auction: $4,600 (MS-64 RD)
2. Repunched Mintmark (RPM)
💰 Value: 100−100−1,000
✔ Secondary “D” visible under magnification
✔ Best examples show clear separation
3. Off-Center Strikes
💰 Value: 50−50−500
✔ Misaligned impressions (5%-50% off)
✔ Value increases with greater misalignment
How to Spot These Rare Pennies
Step-by-Step Examination
- Check the Date & LIBERTY for doubling
- Inspect Mintmark for repunching
- Weigh It (should be 3.11g)
- Magnify Design (10x loupe recommended)
Where to Find Valuable 1958 Pennies
- Old coin rolls (especially customer-wrapped)
- Inherited collections (often contain errors)
- Proof sets (for high-grade specimens)
Professional Grading Tips
✔ Red (RD): Full original luster = maximum value
✔ Red-Brown (RB): 30-50% value reduction
✔ Brown (BN): 80-90% value reduction
What To Do If You Find an Error
- Handle carefully with cotton gloves
- Compare to known varieties
- Get PCGS/NGC certified if valuable
- Insure before mailing to grading services
Join the 1958 Wheat Penny Hunt!
🔎 Your Action Plan:
- Sort all 1958 pennies tonight
- Use our identification tips
- Bookmark this guide for reference
💬 Question for You:
“Have you ever found a doubled die penny?”
Share your story at Pennyverse.info!
Why This Matters
As the last year of wheat reverse pennies, 1958 coins hold special historical significance. At Pennyverse.info, we help collectors preserve and profit from these numismatic treasures.
Think you found a valuable error? Get expert evaluation today!
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