Rare Wheat Pennies

Why Rare Pennies

Posted on September 30, 2009 | Category:

If you walk across a street and you see a quarter on the ground would you pick it up ? I bet you would.

Now, what if the coin you saw lying there had been a penny, would you continue to pick it up ? Some people would say, if it was lying face up I would, otherwise picking up a coin that’s lying face-down may bring bad luck. How come people don’t say this pronouncing if it had been a quarter or a dollar bill lying on the ground, face-down. It all comes down to the value of the cash, whether it is getting picked up or not. I suspect most children would pick up a penny, to them a pair dimes can still buy a chunk of candy, and to a collector of Lincoln cents , a penny face down or face up could be a rare find just waiting for an owner.

But to me it has been the same as having a nickel, dime or anything more. I mean come on people, you would not throw a nickel away, so why a penny.

The Lincoln Cent has been about since 1909, it’s the oldest minted design of any US coin. The Lincoln Cent was the 1st regular minted US coin that employed a portrait on it. A sculptor named ‘ Victor David Brenner ‘, was chosen due to his gifts, by president Theodore Roosevelt to design the Lincoln Cent portrait. In reality President Roosevelt saw a plaque that Brenner had made many years earlier that had the picture of President Lincoln on it. Indian Head Cents , Flying Eagle Cents , and Massive Cents , did not have the motto ‘ in Our Lord God We Trust ‘, on them, in truth The Lincoln Cent was the 1st US penny or cent that had the motto ‘ in the Lord God We Trust ‘, placed on it.

From the cents release in 1909 till 1958 the other side of the Lincoln Cent showed 2 wheat stalks, one along all sides of the coin. In 1959 a new design was released for the other side of the Lincon Cent, this design was the ‘ Lincoln Commemorative ‘, which is still on the coins today. In 1943 copper became scarce and was required for the army, so that the mint produced Lincoln Cents from zinc-coated steel, these coins are grey or chalky colored. With nearly 100 years of circulation, the Lincoln Cent has many key-dates and mistake varieties which make many of them cherished picks for coin collectors.

» Filed Under

Copyright © 2009. All Rights Reserved