Coin collectors will often stress that anyone who has the hobby of collecting coins should have the "Wheat Penny" in his collection. Wheatback, Wheatie, Strawpeny and Wheat Head are some of the names given to these coins. The US Mint had produced this one-cent coin from 1909 till 1958.
The Beginning Victor David Brenner, the designer of these coins, was a renowned sculptor in New York, who put in his initials of V.D.B. onto the coin. This led to an explosion of controversy and ultimately put an end to the initials on the coins. Approximately 484,000 of such coins were minted, that is the prominent reason why they can be valued as much as $100's even $1,000's of dollars. If you are fortunate enough a mint condition coins it could fetch you around $12,000. One's collection gallery is considered to be complete if one posses the 1909 San Francisco minted vdb coins-the most valuable wheat penny.
Even though lower in value, the 1909-S VDB wheat penny and the 1914-D wheat penny, can obtain as much as $5,000. Both these kinds of coins had some inaccuracies in them, which is why they still demand such a price. Nowadays, such kinds of coins found their place either in the personal and private galleries of people or in the hands of coin dealers.
Sometimes you will find wheat coins popping up in our day to day circulation. However, such types of coins are neither the extraordinary nor the most priceless ones, but surely will bring a hefty price in the years to come. The best illustration is the 1922 wheat penny with no mintmark on it. The reason behind this was the weak dye used to make them, leading to some pennies having the letter D engraved on them while the others are found missing this mark.
1944 Wheat Penny One of the rarest is the 1943 wheat penny, this one was made from bronze or zinc coated steel. These were made during World War II because of the war rationing of copper. Date collectors of wheat pennies consider the 1943 steel penny to be a must for any collection. The mint changed back to a composition of copper, tin and zinc in 1944.
1955 Double Die An interesting coin is the double die 1955 wheat penny. There is a very distinct double image of Lincoln on this coin. Because it was not supposed to turn out this way, it's considered an error coin. No real wheat penny collection is considered complete without this coin.
From a year regarded as a "key date" or "semi-key date", wheat pennies, in any other year are valued at three times their value. In order to get an exact idea of the worth of a wheat penny one can have a glance at various online websites. Depending on the person, who is evaluating a wheat penny, value of a penny will vary. The prices offered by a retailer will be on a lower side than that of the person who is the collector of such coins. Even the local library will be of great use, it will not only provide you a complete history on these mesmerizing pennies but will also gives you some guidance about their valuation.
WheatCoins.com provides plenty of information and a huge selection of wheat pennies including 1928 penny.
