Last Updated on April 4, 2022
Known as the 1909 wheat penny, it only has value as a numismatic coin. However, it is one of the oldest and favorite coins from collectors to collect and add to their unique collection. If you are one of them and looking to know more about it, keep reading.
Below we have discussed this in detail to give you a better understanding. Make sure to read it thoroughly to gain a detailed knowledge of the 1909 wheat penny.
How Much Is 1909 Penny Worth?
The 1909 wheat penny with no mintmark is worth around $3 in good condition and $6 in very fine condition. On the other hand, the very fine condition penny is worth about $7. The MS 60 uncirculated condition penny is worth $17 and $20 with an MS 63 grade.
1909 is the first year wheat pennies were minted and issued. These pennies were minted in only two series, 1909 and 1909 S. Both have VDB series and are dedicated to Victor D. Brenner, the person who designed the wheat pennies.
The 1909 S wheat penny is worth more than the standard wheat pennies. In good condition, the wheat penny is worth $80, and it is worth $130 only in very fine condition. On the other hand, the extremely fine condition penny is worth $150.
The 1909 S penny in an uncirculated condition with an MS 60 grade is worth $325. The MS 63 penny is worth $350.
The proof coins were also minted of the 1909 wheat penny. Unfortunately, there were only 2,618 minted of the 1909 wheat penny. The proof coins are worth around $550.
How Much Are The VDB Wheat Penny Series Worth?
The 1909 VDB pennies are worth more than the standard series. The VDB with no mintmark is worth around $6 in good condition and 412 in very fine condition. In extremely fine condition, it is worth approximately $16. The MS 60 uncirculated VDB penny is worth about $25 and $30 with an MS 63 grade.
The 1909 S VDB penny is valued at $625 in good condition. In very fine condition, the coin is worth around $750 and $825 in extremely fine condition. On the other hand, in uncirculated conditions with an MS 60 grade, the penny is worth $1,200 and $1,550 with an MS 63 grade.
The VDB proof coins are also available to collect and add to your addition. Only 1,194 proof coins were minted. They are worth around $8,500 in PR 63 condition.
What Are the S Horizontal Error Coins?
Yes! The 1909 S wheat pennies issued with a mintmark have some error coins as well. The error on a penny is visible and right over the mintmark. The S mintmark is minted over a horizontal S.
These S error coins were circulated and are available for you to collect. They have great value. However, it might take time to find a perfect S error 1909 wheat penny.
How Much Are The S Error 1909 Wheat Penny Worth?
The S error 1909 wheat pennies have a great value and are worth collecting. The penny is valued at $95 in good condition and $150 in very good condition. In an extremely fine condition, the penny is worth around $200.
In an uncirculated condition, the value of a wheat penny is $350 with an MS 60 grade and $400 with an MS 63 grade.
Where Is The Mintmark Located On The 1909 S Wheat Penny?
The mintmark is an official indication on a coin. To find the mintmark in the 1909 S wheat penny, look closely at the observe side of the coin. You can easily find it there.
If your wheat penny doesn’t have a mintmark, it is of the 1909 standard series minted in Philadelphia. Both the wheat pennies have a good value for sale.
What is the Metal Composition of The 1909 Wheat Penny?
The wheat pennies have a unique meta composition. The metal composition of the pennies has given them a color. The metal composition of the 1909 penny is 95% copper and 5% tin and zinc.
Due to the metal composition, the penny only has a numismatic value as a coin.
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