1955 Wheat Penny Value Guide - Rarest.org (2024)

The US Mint has been producing the Lincoln penny for more than 100 years, and is being issued even today. With that in mind, there’s no doubt that old Lincoln pennies are more valuable than modern pennies.

As time goes by, the value of pennies increases. Also, wheat pennies are even more valuable because they are older than the ones with the Lincoln Memorial on their reverse.

The 1955 wheat penny is made of 95% copper, 5% tin, and zinc. In 1943, the penny was made with zinc-plated steel, which made a truly unique year for the 1-cent coin. From 1909 to 1942 and from 1944 to 1982, the penny was made with copper, tin, and zinc. It was in 1982 up to the present that the penny transitioned to 97.5% zinc and 2.5% copper.

The Lincoln penny was first struck in 1909. Victor David Brenner prepared the original design. He designed both the obverse and the reverse side of the coin. The reverse featured two stalks of wheat, thus the nickname “wheat penny.” However, by 1959, the wheat was replaced by the Lincoln Memorial.

1955 Wheat Penny Value Guide - Rarest.org (1)

The design of the 1955 Lincoln penny was relatively simple. It has the image of Abraham Lincoln facing to the right side. Inscriptions include IN GOD WE TRUST, LIBERTY, and 1955.

On the reverse side, you have the two stalks of wheat engraved on the left and right sides. You then have the inscriptions, which include E PLURIBUS UNUM, UNITED STATES OF AMERICA, and ONE CENT.

In 1904, the President at that time, Theodore Roosevelt, asked Leslie Mortier, the Secretary of the Treasury, to make some improvements to the US coins. According to Roosevelt, US coins lack an artistic look and must be changed.

That was when Mortier asked Augustus Saint-Gaudens to redesign the cent. Unfortunately, at that time, Saint-Gaudens was already sick with cancer. Regrettably, he didn’t finish the design for the cent. Thus, Brenner was tasked to complete the design.

1955 Lincoln Wheat Penny Varieties

The 1955 Lincoln penny varieties include four original designs. These are the 1955 P, 1955 D, 1955 proof, and 1955 S pennies. A total of 938,825,700 1-cent pennies were produced in 1955.

Aside from the standard struck pennies, some error coins sporadically appear due to minting errors.

Here are the 1955 Lincoln penny varieties you should know:

1955 D Lincoln Penny

Type: Lincoln penny
Edge: Plain
Mint Mark: D
Place of minting: Denver
Year of minting: 1955
Face Value: $0.01 (one cent)
Price: $0.01 to $8.00 (or more)
Quantity produced: MINTAGE: 563,257,500
Designer: Victor D. Brenner
Composition: 95% copper and 5% zinc and tin
Mass: 3.11 grams
Diameter: 19.05 mm
Thickness: 1.52 mm

1955 Wheat Penny Value Guide - Rarest.org (2)

The Denver Mint produced more than 563 thousand 1955 D pennies, which is the highest mintage for this penny series.

The price range of the 1955 D penny is $0.01 to $8.00. While thousands of 1955 D pennies are produced, most are now damaged. That’s why you would have difficulty finding these coins in uncirculated conditions. The 1955 D penny became rare when it reached MS66 and higher grades.

1955 P Lincoln Penny

Type: Lincoln penny
Edge: Plain
Mint Mark: None
Place of minting: Philadelphia
Year of minting: 1955
Face Value: $0.01 (one cent)
Price: $0.01 to $6.00 (or more)
Quantity produced: 330,058,000
Designer: Victor D. Brenner
Composition: 95% copper and 5% zinc and tin
Mass: 3.11 grams
Diameter: 19.05 mm
Thickness: 1.52 mm

1955 Wheat Penny Value Guide - Rarest.org (3)

The Philadelphia Mint produced more than 330 million Lincoln pennies in 1957. Circulated and uncirculated 1955 pennies can fetch between $0.01 to $7. Unfortunately, like most of the coins produced by the Philadelphia Mint, the 1955-P penny doesn’t have a mint mark.

What’s worth noting about the 1955 wheat penny is that the quality control at that time was inferior. Because of a very tight budget, the three Mints, especially the Philadelphia Mint, were forced to use even severely worn dies.

This is the main reason that in 1955, many people were encouraged to save their beautiful 1955 P pennies because they would surely be worth a lot of money in the future.

1955 Lincoln Penny (Proof)

Type: Lincoln penny
Edge: Plain
Mint Mark: None
Place of minting: Philadelphia
Year of minting: 1955
Face Value: $0.01 (one cent)
Price: $1.00 to $17.00 (or more)
Quantity produced: 378,200
Designer: Victor D. Brenner
Composition: 95% copper and 5% zinc and tin
Mass: 3.11 grams
Diameter: 19.05 mm
Thickness: 1.52 mm

1955 Wheat Penny Value Guide - Rarest.org (4)

Proof coins are specially made with extra care. That’s why, if you compare the 1955 wheat penny-proof coins to other varieties, it usually has the best luster, detail, and color.

The Philadelphia Mint produced 378 thousand proof coins in 1955, which was very low compared to the mintage of the following year. Nevertheless, the 1955 penny-proof coins are actually among the most common proofs in the wheat cent series. PR68, PR69, and PR70 are tough to find.

The price of the 1955-proof penny can easily reach $17.

1955 S Lincoln Penny

Type: Lincoln penny
Edge: Plain
Mint Mark: S
Place of minting: San Francisco
Year of minting: 1955
Face Value: $0.01 (one cent)
Price: $0.01 to $12.00 (or more)
Quantity produced: 44,610,000
Designer: Victor D. Brenner
Composition: 95% copper and 5% zinc and tin
Mass: 3.11 grams
Diameter: 19.05 mm
Thickness: 1.52 mm

1955 Wheat Penny Value Guide - Rarest.org (5)

The San Francisco Mint produced more than 44 million wheat pennies in 1955. Price may range from $0.01 to $12. With a large mintage, the 1955 S penny can easily be found in circulation today. However, 1955 S pennies in MS65 to MS66 are relatively scarce. Some examples with MS67 and MS68 should also be available but difficult to find.

List of 1955 Lincoln Penny Errors

With almost 1 billion 1955 Lincoln produced, it is not difficult to imagine that there will be error coins.

Perhaps, the most commonly identified error in the 1955 series of Lincoln penny would be the doubled die obverse (DDO) error.

In this error, the die hit the planchet twice, leaving a doubled effect on the engraved elements. Not all DDO errors are prominent. Some of them can be difficult, and you might even need a magnifying glass or microscope to find them.

Here’s what the DDO error looks like:

1955 Wheat Penny Value Guide - Rarest.org (6)

Some of the most expensive 1955 pennies have the DDO error. The more prominent the error is, the more expensive it becomes.

To give you an idea, a 1955 wheat penny with a doubled die error was sold for $114,000 in March 2018 by Stack’s Bowers.

If the doubled die error is in the reverse, it is called DDR. Moreover, other errors affected the 1955 wheat Lincoln pennies. Here are the examples:

  • Off-center strikes
  • Weak strikes
  • Strike-through
  • Broadstrikes
  • Clipped or folded planchets
  • Blank planchet

How Much Is The 1955 Lincoln Wheat Penny Worth Today?

The 1955 Lincoln Wheat penny is worth 1 cent, as its face value shows. Its melt value is $0.0253. If your penny is in Average Circulated (AC) condition, you might as well get 18 cents from it. Certified pennies could bring you as much as $22.

You are probably correct if you think that’s not a lot of money. However, you would be surprised how some 1955 Lincoln pennies are worth astronomically a lot compared to their face value or melt value.

Here’s a 1955 Lincoln Wheat Penny values chart to help you know its pricing:

CoinConditionGradeMintage Value
1955 D Lincoln pennyCirculated/mintNot graded563,257,500$0.01 to $0.18
1955 D Lincoln pennyUncirculated/mintMS-65563,257,500$10 to $27
1955 D Lincoln pennyUncirculated/mintMS-66563,257,500$10 to $53
1955 D Lincoln pennyUncirculated/mintMS-67563,257,500$216 to $1,140
1955 P Lincoln pennyCirculated/mintNot graded33,058,000$0.01 to $0.18
1955 P Lincoln pennyUncirculated/mintMS-6533,058,000$10 to $35
1955 P Lincoln pennyUncirculated/mintMS-6633,058,000$22 to $223
1955 P Lincoln pennyUncirculated/mintMS-6733,058,000$312 to $840
1955 Proof Lincoln pennyCirculated/proofNot graded378,200$0.01 to $17.00
1955 Proof Lincoln pennyUncirculated/proofPR-67378,200$14 to $306
1955 Proof Lincoln pennyUncirculated/proofPR-68378,200$63 to $122
1955 Proof Lincoln pennyUncirculated/proofPR-69378,200$121 to $159
1955 Proof Lincoln pennyCameoPR-68378,200$404 to $1,880
1955 Proof Lincoln pennyDeep CameoPR-69378,200$1,840 to $7,050
1955 S Lincoln pennyCirculated/mintNot graded44,610,000$0.01 to $0.18
1955 S Lincoln pennyUncirculated/mintMS-6644,610,000$18 to $95
1955 S Lincoln pennyUncirculated/mintMS-6744,610,000$71 to $173
1955 S Lincoln pennyUncirculated/mintMS-6844,610,000$7,475

As you can see, some 1955 wheat pennies are valued in the thousands. To further give you an idea of how much a 1955 Lincoln penny can be, check out these auction records for each variety:

  • $114,000 – 1955 1C Doubled Die Obverse, RD (Regular Strike) with MS65+RD grade
  • $14,950 – 1955 1C, DCAM (Proof) with PR68 grade
  • $8,625 – 1955 1C, RD (Regular Strike) with MS67 grade
  • $7,475 – 1955-S 1C, RD (Regular Strike) with MS68 grade
  • $7,050 – 1955-D 1C, RD (Regular Strike) with MS67 grade

How Does The Grading System Work?

The Sheldon Scale is used by numismatists to provide a numerical value to coins. The Sheldon Scale goes from poor (P-1) to perfect mint state (P-1) (MS-70). Coins were originally evaluated using words to reflect their condition (Good, Fair, Excellent, Etc.). Unfortunately, coin collectors and dealers had different ideas about what each of these terms represent.

Professional numismatists joined together in the 1970s and established CoinGrading standards. These numismatists now assign grades at key places on the seventy-point scale, using the most regularly utilized numeric points in conjunction with the original adjective grade. The following are the most common coin grades:

      • (P-1) Poor – Indistinguishable and probably damaged; if used, must have a date and mintmark; otherwise, rather battered.
      • (FR-2) Fair – Nearly smooth, but without the damage that a coin graded Poor often possesses. The coin must have enough detail to be identified.
      • (G-4) Fair – Inscriptions have merged into the rims in some areas, and important elements have been mostly erased.
      • (VG-8) Very Good- A little weathered, but all of the primary design elements are visible, albeit faintly. There is little if any, central detail left.
      • (F-12) Good – The item is very worn, yet the wear is even, and the overall design details stand out clearly. Rims are almost completely isolated from the field.
      • (VF-20) Very Fine – Moderately weathered, with some finer features still visible. The motto or all letters of LIBERTY are readable. Both sides of the coin have entire rims that are separated from the field.
      • (EF-40) Extremely Fine – Gently used; all gadgets are visible, and the most important ones are bold. The finer details are bold and clear, however, light wear may be seen.
      • (AU-50) Uncirculated – Slight evidence of wear on the coin’s design’s high points; may have contact marks; eye appeal should be adequate.
      • (AU-58) Uncirculated Choice – Slight traces of wear, no severe contact marks, almost full mint shine, and great eye appeal.
      • (MS-60) Mint State Basal – Strictly uncirculated; no indication of wear on the coin’s highest points, but an unsightly coin with reduced luster, visible contact marks, hairlines, and other flaws.
      • (MS-63) Mint State Acceptable – Uncirculated, but with contact scratches and nicks, little reduced shine, but otherwise appealing appearance. The strike is weak to average.
      • (MS-65) Mint State Choice – Uncirculated with great mint shine, very little contact blemishes, and exceptional eye appeal. The strike is unusually severe.
      • (MS-68) Mint State Premium Quality – Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. The strike is quick and appealing.
      • (MS-69) Almost Perfect Mint State – Uncirculated with perfect brilliance, a sharp and appealing strike, and extremely good eye appeal. A near-perfect coin with minor imperfections in the planchet, strike, and contact markings (seen only under 8x magnification).
      • (MS-70) Mint State Perfect – Under 8x magnification, there are no tiny imperfections discernible; the strike is crisp, and the coin is perfectly centered on a beautiful planchet. Rarely seen on a coin, this coin is bright and whole, with original luster and exceptional eye appeal.

Where To Buy Or Sell 1955 Lincoln Wheat Penny?

You can buy or sell 1955 Lincoln wheat pennies online and offline. Many websites today will quickly give you results for the coin you’re looking for today.

You can go to Google and type “Buy 1955 Lincoln wheat penny” or “Sell 1955 Lincoln wheat penny.” You should then instantly get hundreds of relevant results.

Aside from the Internet, you can visit coin shops, pawnshops, antique stores, and auction houses. All these places are known to buy and sell pennies and other coins.


Is there a rare 1955 penny?

There are different rare 1955 pennies today. Perhaps, the rarest would be the 1955 1C Doubled Die Obverse, RD (Regular Strike). Unfortunately, this penny comes with a prominent DDO error, which rarely happens during minting.

How many 1955 doubled die wheat pennies are there?

According to estimates, about 40,000 1955 doubled die wheat pennies were produced in just one night. As a result, about 20,000 to 24,000 coins entered circulation. Although there are many doubled-die errors, only a few have a prominent and obvious appearance of doubling.

What 1955 penny is worth money?

The 1955 penny with a doubled die error is among the most expensive types of the 1955 penny.

1955 Wheat Penny Value Guide - Rarest.org (2024)


What is the most valuable 1955 wheat penny? ›

The highest recorded value for a 1955 Wheat Penny, particularly the Double Die obverse variant, can exceed $100,000 at auction, depending on its grade and condition. This showcases the significant potential value of this coin among collectors.

What is the error on the 1955 wheat penny? ›

According to The Spruce Crafts, “In 1955 a die maker at the United States Mint facility in Philadelphia made a mistake while manufacturing a working coin die for the Lincoln cent.” An alignment issue caused the date and the letters to be doubled.

What is the rarest wheat back penny? ›

The single most valuable Wheat Penny to sell at auction is a 1943-D Bronze Cent that sold for $840,000. Other very valuable Wheat Pennies include the 1944 Steel Penny, the 1909-S VBD Lincoln Wheat Penny, and the 1943-D Bronze Cent.

What is a 1955 proof penny? ›

Penny 1955. Proof strike. Mint: Melbourne. The absence of a dot after the word PENNY indicates that this coin was struck at the Melbourne Mint. On this issue reference to the Queen as defender of the faith (F:D:) was returned to the obverse legend after Australian's complained at its omission on the 1953 coinage.

Why is a 1982 penny worth so much? ›

One reason these coins are so valuable has to do with what they are made of. As GOBankingRates previously reported, any penny minted before 1982 contains 95% copper. Copper pennies are a relatively common find in a penny roll, which lowers their value.

Why is the 1983 penny so valuable? ›

The U.S. made about 7.7 billion pennies in 1983, but only about 5,000 of them are known to have been made with this doubling error, James McCartney, director of numismatics at Stack's Bowers Galleries, tells CNBC Make It. The rarity of these misprinted pennies are what make them more valuable than ordinary pennies.

How do you know if you have a rare wheat penny? ›

Coins with mistakes, such as a double die or missing letters, can be worth significantly more than their regular counterparts. Another way is to look for specific years known to be scarce or have low mintage numbers. Collectors also value wheat pennies with a high level of detail and minimal wear.

What year is penny worth $5000? ›

There's A 1936 Wheat Penny Worth $5,000!

What 1999 pennies are worth money? ›

Most 1999 pennies are worth only face value. However, one exception is the 1999 “Wide AM” penny. In this case, the “AM” in “AMERICA” on the reverse side of the penny is spaced wider than usual.

Is a 1965 quarter worth $7000? ›

There's a 1965 quarter with no mint mark worth $7,000 because it was made on the wrong metal (silver instead of copper-nickel clad). Here's how to identify a 1965 silver quarter yourself.

How much is a 1977 No mint mark dime worth? ›

Examples between MS60 and MS63 are very common and command a price somewhere between $1 and face value. As a circulating coin with a large mintage of 376,607,228 pieces, non-Mint State examples have no numismatic premium and are only worth face value.

What wheat penny is worth 100000? ›

1943 Wheat Penny (back)

There was still material left in the mint presses from the 1942 production so they accidentally made one batch out of copper. Only about 20-40 of those pennies are out there. A used one, as most are, can net you from $100,000 – $500,000.

What penny is worth $20,000? ›

That's what happened to several pennies produced in 1982, which pushed their value up from 1 cent to nearly $20,000. The penny in question is the 1982-D Small Date Copper Alloy Lincoln Cent, which sold at auction in 2016 for $18,800, according to Numismatic News.

What is the error on the wheat penny worth money? ›

Coins with mistakes, such as a double die or missing letters, can be worth significantly more than their regular counterparts. Another way is to look for specific years known to be scarce or have low mintage numbers. Collectors also value wheat pennies with a high level of detail and minimal wear.

What makes a 1951 D wheat penny valuable? ›

It's rare but possible. These coins can occasionally be found in old collections, coin jars, or possibly in change. What factors influence the price of a 1951 D Wheat Penny? Condition (grade), any present errors, and market demand are the primary factors.


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