Answer
Jan 23, 2025 - 12:40 PM
The value of a 1916 Wheat Penny depends on its condition, mintmark, and rarity. On average:
- Circulated condition: Typically worth around $0.25 to $2.
- Uncirculated condition: Can range from $10 to over $50.
- Mintmark variations: Coins minted in Denver (D) or San Francisco (S) may carry a slight premium due to lower mintages.
For an exact valuation, it’s recommended to have the coin graded by a professional service. Let us know if you need further assistance!
Check out our blog post "The Enduring Legacy of Wheat Pennies" (https://bullionexchanges.com/blog/the...)
