1. Home
  2. Coin Buyers
  3. Lincoln Wheat Penny

Lincoln Wheat Penny

In 1909, to honor the 100th anniversary of Abraham Lincoln’s birth, the United States Mint began the production of the Lincoln Wheat penny. Designed by Victor David Brenner, the Lincoln Wheat penny was a triumph in coin design and was widely acclaimed and collected right out of the gate. As its predecessor before it, the Lincoln Wheat penny weighs 3.11 grams and was made of 95% pure copper, with the rest of the composition comprising of tin and zinc. The Lincoln Wheat penny was produced for 50 years until the new design of the Lincoln Memorial penny took shape. In those fifty years of the Lincoln Wheat penny, the design only shifted in minute ways, most of which centered around where to put the designers initials.

In 1943, however, to aid in America’s war effort in Europe and the Pacific, the composition of the Lincoln Wheat penny changed to zinc coated steel. This is because the copper normally used to produce the Lincoln Wheat penny was diverted to create shell casings and other essential war materials. In the first year of production, there were two distinct varieties produced of the Lincoln Wheat penny. The first Lincoln Wheat penny, in 1909, had Victor David Brenner’s initials on the reverse of the coin at the bottom center, and the second Lincoln Wheat penny was made without those initials. This is key because this variation can command a significant difference when pricing the collector value of each coin type.

Generally, the V.D.B. issue from the Philadelphia mint commands more of a premium than those without the V.D.B. and the Lincoln Wheat penny which came out of the San Francisco mint without the V.D.B. can command more of a premium than that of the Philadelphia types with the V.D.B. present. The San Francisco mint version with the V.D.B. is the most sought after of all of the 1909 coins of the Lincoln Wheat penny series.

There are a few other key dates in the Lincoln Wheat penny series, but all of them are going to be from 1931 or earlier. Most of the rest of the Lincoln wheat penny series usually trades on the open market for twice their face value, depending upon condition of the coins. If you have a Lincoln wheat penny collection and are interested in have them evaluated at no cost, or if you are looking to sell your Lincoln Wheat penny collection, just call or come in to any of the Nevada Coin & Jewelry locations in the greater Las Vegas area. Our coin experts are standing by to help you in determining the collector appeal and overall value to your Lincoln Wheat penny set.

OUR

LOCATION

East Flamingo

Monday – Friday: 9:30 am – 4:30 pm
Saturday and Sunday: Closed

WHY CHOOSE US?

READ OUR REVIEWS

I am a brazilian and had the chance to deal with Nevada Coin. I was there to sell some gold coins and they paid me the best price I could fetch in Las Vegas. They are professional, courteous and trustworthy. Before visiting their premises I got a tentative appraisal by phone which I found reasonable. In the shop the attendant offered to approach the manager to get me a (gasp) BETTER price. Do yourself a favor and don’t bother talking to their rude and unprofessional competitors. They will treat you like a moron and quote prices accordingly. For Nevada Coin, five Stars all the way.

Guilherme

Always a good experience here! Definitely the place in town I enjoy buying coins from, and I’d recommend them to anybody. Helpful staff, reasonable prices, and wide selection.

Daniel B.

What friendly staff. They help you sell your items even if they don’t have a use for it by calling other shops around the area to see if they could use it… They want you to have the best out come from selling your items. I was so happy I decided to go to them!

B.J.

Really cool cats over at Nevada Coin and Jewelry. You would’ve thought that I was “Madonna” the way those guys treated me. I was so mesmerized by all of the antiques, they have in there, I believe I was there for two hours, just looking, unbelieveable! When I went in I was so hot, they offered me a cold bottle of water, how cool is that? It felt like home to me. I wanted to get a price for some old jewelry that was passed down by grandma, I was well satisfied. When I left the shop, I was singing “Money, Money, Money.

Doris

My friend and I came here to sell some coins and jewelry. We first saw Scott about some coins. He was very friendly and knew his stuff. Afterwards, he brought us over to Sheila who looked at our jewelry. She was also very nice and professional. We will definitely come back here again. GREAT PLACE!!!!

Susanne T.

As a first timer in selling, I was a bit apprehensive. I did not know what to expect and was a little worried about a previous reviewers comments. Yes the office was stark and clinical. The staff however, more than made up for any downfall in the decor. Very helpful, polite and understanding to any ‘silly’ questions that were asked. All in all a pleasant experience, and one that should the opportunity arise I would go through again!

Marie G.

I brought them some gold pendants, rings and a few other pieces. I knew they weren’t worth that much but I needed the cash. The guys (and there are a lot of them) were really nice and not the least bit condescending. They know when you come in to sell there is a reason but they don’t make you feel bad or inadequate. The store is filled with interesting objects for sale and for show. A very nice and very fair place to buy and sell. I highly recommend them.

Linda P.

While vacationing in Las Vegas I did what a lot of people do I’m sure or at least that’s what I’m telling my wife ..I blew through the money I brought a little quicker than expected and I ended up having to shop my Rolex around to several dealers to save the trip. So I looked online for places, most offers over the phone were low and that’s if they would even quote me in the first place. I spoke to a guy at Nevada Coin and Jewelry who gave me a fair ball park price and a reasonable explanation as to why his number couldn’t be solid. Went down expecting to get the lower number and in fact Robert their Rolex expert said my Rolex was a better model then I had described. He paid me a higher number than he quoted. Thanks for saving my vacation guys.

Weldon O.

Staff was friendly, knowledgeable, and responsive. Building had great security to helped me feel safe in handling my items.

Outstanding experience! This is the best place to change your gold with a great attention. I’m completely impressive because they have a smooth and fast service, definitely nice people!

Pablo V.

Professional, friendly staff. Knowledgeable and fair. An interesting experience and would definitely visit again.

Gail B.

I recently got divorced so I wanted to get rid of some of the jewelry my ex-husband got me. I found Nevada Coin and jewelry searching the web. When I called the guy that answered the phone was friendly and willing to quote me a price per gram. I went to their store on Flamingo, Avery whom I spoke to on the phone tested my items using some kind of x-ray machine. I could see that some of my jewelry was not the karat I thought (some lower some higher). He paid what he quoted on the phone no bait and switch. It took less than 15 minutes got my cash and got rid of some bad memories. I would recommend this company if you are looking to sell jewelry.

Virginia F.