The Lincoln Wheat Penny, a coin steeped in American history, has fascinated collectors and enthusiasts for decades. Minted from 1909 to 1958, these coins are iconic for their unique design and historical significance. Among them, some rare examples have achieved extraordinary valuations. One such coin is the Lincoln Wheat Penny, valued at an astonishing $90,000, which could still be hiding in circulation today.
Let’s explore what makes this coin so valuable and why it continues to capture the imagination of collectors.
What Is the Lincoln Wheat Penny?
The Lincoln Wheat Penny was introduced in 1909 to commemorate the 100th anniversary of President Abraham Lincoln’s birth. It was the first U.S. coin to feature a real person’s likeness, with Lincoln’s profile on the obverse side. The reverse side showcases two wheat stalks framing the words “ONE CENT,” earning it the nickname “Wheat Penny.”