These old error coins contain minor to significant mistakes — many of them rare and valuable. Enter your email address and we will send you a link to reset your password. It’s true. Coin Values Moving with Precious Metals: Up-Dated 11/2/2020: Gold $1885 | Silver $23.95. Fine Grade: All legends and date are clear and sharp, with moderate even wear overall defines a wheat cent in Fine grade. Apart from some fading of the coin’s color, this 1921 Lincoln penny will be in flawless condition.
Copyright Â© 2007-2020 Daniel A. HarrisAll Rights Reserved, https://nnp.wustl.edu/library/publisherdetail/51. An appealing brown toning covers the surface of the 1921-S penny with lighter shades highlighting Lincoln and lettering. The 1921 Lincoln penny is an interesting coin because it very closely resembles the modern day single-cent coin in circulation in the US. Demand from collectors is steady holding values strong. Value chart spans the Wheat design years 1909 through 1958 of Lincoln cents. The reverse has two inscriptions dominating the central region, one that reads “One Cent” and one that reads “United States of America.” On both the right and left hand sides of the reverse are two single wheat stalks, hence why the coin is sometimes referred to as the “Wheat Penny.” The Latin phrase “E Pluribus Unum” is inscribed across the top. Identifying 1921 penny value is a step by step process involving: Of these three key points; judging condition may seem daunting.
When viewing your coin first overall impression is important.
Details to the date are clear and legends may fade slightly into the rim.
BIE Lincoln penny errors are really popular, and an early 1921 BIE Lincoln penny is scarce. Eye pleasing examples are considered as Semi-Key on a rarity scale, a scarce coin in higher grades.
Finding examples without distractions is part of the challenge to collecting.
I primarily collect and study U.S. coins produced during the 20th century. Along the way these soft copper coins pick up nicks and marks in varying sizes and depth. 1 cent 1921 prices and values. 1921 pennies made in San Francisco have a little “S” mintmark under the date, while Philly-minted pennies have no mintmark at all. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. Here’s the information you’re looking for with regard to rare 1921 silver dollar values: Uncirculated 1921 Morgan dollars are worth $40+. Visual appeal is a factor to value and collectability. Generally, missing letters due to a soft strike or a weak die wouldn’t add any value to the coin.
These steps greatly improve maintaining condition. Fairly low mintages are noted in comparison to the rest of the series. Circulated wheat cents from the early years are collectible when displaying eye appeal. These die cracks are caused by damage to the die that strikes the coin and are typically a sign of extreme die wear normally caused by aging. Did you know that your 1921 penny could be worth as much as a few thousand dollars?
Wear is an important factor to achieving this grade. Using images below: identity and compare: Date | Mint Mark | Condition. Lincoln's coat along the back is beginning to lose detail. Lincoln's coat and shirt are still separated with a clear bowtie.
I'm the Coin Editor here at TheFunTimesGuide. Typically, coins of this grade are incredibly worn and have a lot of damage. As with all selling processes; organizing the coins in a manner a dealer can efficiently asses their worth aids in returns to you. By way of a close inspection, the coin is ultimately assigned a grade that amounts to nothing more than a short description of its official condition. Believe it or not, there are some extremely rare 1921 silver dollar coins that are worth as much as $50,000 more! 1921-S penny (San Francisco Mint) — These old pennies are worth from about $3 to $10 in well-worn grades to more than $100 for uncirculated examples.
Most major details are flattened overall. Circulated; Uncirculated; SP
All Rights Reserved. The same piece sold for $55,200 back in 2005.
Examine the reverse, note the presences of fine parallel lines in the upper wheat stalks. Here are a few things that were happening when 1921 wheat pennies were rolling off the presses at the US Mint: I’m the Coin Editor here at TheFunTimesGuide.
When it comes to determining the value of a 1921 Lincoln penny, this is something that depends primarily on the condition, or grade, but also on the type of coin it is. Lincoln cent enthusiasts would easily pay anywhere $20 to $50+ for such a coin. Part of value is eye appeal and to many marks or notably large marks detract. Denver production was suspended in favor of striking silver dollars.
Bright undisturbed luster covers the entire surface.
To the former President’s left, you will find a raised inscription which reads “Liberty.” On the opposite side is inscribed the 1921 year of minting. Charts list value in order of Grade. A small amount of design loss places a wheat cent in the Extremely Fine grade. I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek.
Only two varieties are available to collectors. Popularity combined with scarcity of these early years shows an increase of value when recognizing a higher condition 1921 penny. I've also authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Secondly, few survive today in above average condition; most are heavily worn. I'm a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. Because of the elusive nature of relatively mark free surfaces, any that exhibit this quality are premium examples.
All fine luster remains on a mint state coin.
I’ve also authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! For example, a 1921 wheat penny with an odd color, added letters or words, or other things that don’t look right has most likely been altered.
I'm also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint).
So, a 1921 wheat penny that’s only, say, 3% off center won’t really fetch any extra money. High areas of the devices are prone to first contact and wear, these are imaged and described.
First to signs of contact is luster, a delicate texture imparted during minting and quickly removed when a coin is handled.