Image Courtesy of Professional Coin Grading Service (PCGS.com)
Many collectors began their numismatic careers with Wheat Ear Lincoln cents, which were the first coins they collected. "Wheaties" are easy to find and economical to buy while they are being sold. This penny was made by the United States Mint from 1909 to 1958, and it is valued by both collectors and anyone interested in history. This coin, which is important both historically and artistically, was made to celebrate the 100th anniversary of President Abraham Lincoln's birth.
The Lincoln Wheat Cent had several important alterations and noteworthy dates over its 50-year manufacturing cycle, all of which are of considerable interest to collectors:
The Wheat Cent was primarily composed of an alloy that consisted of 95% copper and 5% tin and zinc. On the other side, the reason steel pennies were produced in 1943 was because there was a shortage of materials during World War II. In 1944, copper pennies were made from used shell casings, which gives these coins a special historical connection to the war effort.
If you have a Lincoln Wheat Penny that is in excellent condition and you are uncertain about how it would be graded, it could be a good idea to submit your coin to NGC or PCGS so that an expert can evaluate it. Coin grading companies are familiar with the market and can give you a reliable estimate of the value of your Lincoln Wheat Penny.