Numismatics is not only a hobby, but a thrilling mix of history, art and the rare discovery. Of the thousands of coins produced in the US, certain special coins are being sought after by their rarity and worth.
One of such coins is the 1926-S Lincoln Wheat Penny, which has been auctioned for sale at up to $100,000. Let us see the characteristics of this rare coin and also learn about five other coins that are extremely significant to collectors.
History of 1926-S Lincoln Wheat Penny
The Lincoln Wheat Penny was produced by the United States Mint from 1909 through 1958. Among those, the 1926-S variety, which was produced by the San Francisco Mint, is very rare and valuable.
4,550,000 copies of this coin were produced, which is fewer than other types. Most of these coins, however, entered normal circulation, and Mint State coins that survived can cost millions of dollars today.
Grading the 1926-S Lincoln Wheat Penny
Coins are worth something depending on their condition. A Lincoln Wheat Penny dated 1926-S graded MS65RD by PCGS (Professional Coin Grading Service) was sold for a record price of $149,500.
The price list for this coin is as follows:
| Grade (Condition) | Estimated Value |
|---|---|
| Good (G-4) | $5 – $10 |
| Fine (F-12) | $15 – $25 |
| Extremely Fine (EF-40) | $50 – $75 |
| Uncirculated (MS-60) | $150 – $200 |
| Brilliant Uncirculated (MS-65RD) | $10,000 – $100,000 |
(Note: These figures are subject to fluctuation depending on market demand and condition.)
Five More Rare Coins Collectors Should Take Notice of
1. 1969-S Lincoln Cent (Doubled Die Obverse)
This coin features a distinct doubling effect on the obverse. This coin is worth approximately $40,000 in AU-50 (About Uncirculated) condition.
2. 1972 Lincoln Cent (Double Die Obverse)
This coin also displays doubling of the letters and numerals on the obverse. This coin in good condition may vary from as little as $400 to thousands of dollars.
3. 1913 Liberty Head Nickel
There are only five copies of this coin, and hence it is very rare and worth a great deal. One copy was sold at auction for $3.7 million.
4. 1933 Saint-Gaudens Double Eagle
This $20 gold coin is renowned for its beauty and scarcity. It was sold at auction in 2021 for $18.9 million, one of the highest-priced coins ever sold.
5. 1955 Lincoln Cent (Doubled Die Obverse)
This coin is recognized for its evident doubling on the obverse. It can cost anywhere from $1,000 to $15,000.
Conclusion
Coin collecting can be a rewarding and lucrative pastime, particularly when you acquire rare and historically significant coins. The 1926-S Lincoln Wheat Penny is an indication that a coin’s condition, scarcity, and historical importance can drastically drive its price.
If you’re a coin collector or have an interest in the hobby, always be on the lookout for new discoveries—because who knows, the next valuable coin could be right in front of you!
FAQs
Q1. Why is the 1926-S Lincoln Wheat Penny valuable?
The 1926-S Lincoln Wheat Penny is valuable due to its low mintage, rarity in high grades, and the demand among collectors.
Q2. How much is a 1926-S Lincoln Wheat Penny worth?
Its value ranges from $5–$10 in Good (G-4) condition to $100,000 or more in Mint State (MS-65RD) condition.
Q3. How can I tell if my 1926-S Wheat Penny is valuable?
Check its mintmark (S for San Francisco), condition, and color—a well-preserved, red-toned penny in high grade can be very valuable.
Q4. Where can I sell a rare 1926-S Lincoln Wheat Penny?
You can sell it at coin dealers, auctions, numismatic shows, or online marketplaces like eBay and Heritage Auctions.
Q5. Are there other valuable Lincoln Wheat Pennies?
Yes, notable ones include the 1909-S VDB, 1914-D, 1955 Doubled Die, and 1943 Copper Penny, all highly sought after by collectors.