Those Old Wheat Cents in Your Dresser Might Be Worth a Fortune

Author: Kristy

By Matt Draiss

Everybody has found an old coin in their change or inherited something they just do not know about. From wheat pennies right on up to $20 gold pieces, old coins are worth money. Sometimes they can be worth a fortune.

The Wheat cent is one of the most famous coins to ever be made in the United States. The coin was designed by Victor David Brenner in honor of Lincoln’s 100th birthday in 1909. The coin had a long run from 1909 through 1958. The obverse or front of the coin has remained relatively the same since its inception, and the designs on the reverse or back of the coin have changed only seven times in the last 104 years. Five of those eight changes happened during the last four years, but more on that later. The Wheat cent is the longest running coin in American history to have the same Presidential figure on the obverse.

What are those Wheat cents worth? Almost everybody has found one in their change and thrown it to the side. Some people have only one or two, but I have a client mine who is trying to amass 1,000,000 coins! The Wheat cent has a number of rare “key” dates and varieties that can be worth anywhere from $50 to over $1,000!

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