1 Cent (Penny)

Lincoln Wheat Cent

United States of America · 1958

The coin clearly identifiable as a 1958 Lincoln Wheat Cent, minted in Philadelphia (indicated by 'P' or absence of a mint mark). The obverse features a bust of Abraham Lincoln facing right, while the reverse displays two stalks of wheat flanking the denomination 'ONE CENT' and the words 'UNITED STATES OF AMERICA'. The coin is housed in a standard 2x2 coin holder.

Country: United States of America
Year: 1958
Denomination: 1 Cent (Penny)
Metal: 95% copper, 5% tin and zinc (bronze)

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

Identified August 4, 2025More united states of america coins →

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Overview

Historical significance

The Lincoln Wheat Cent, first introduced in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth, was the first regular-issue U.S. coin to feature a real person. The 'wheat ears' reverse design, signifying national prosperity, was used from 1909 to 1958. The 1958 issue marks the final year of the beloved wheat cent design before it was replaced by the Lincoln Memorial reverse in 1959. This coin represents a significant era in American coinage and is a popular collectible among numismatists.

Estimated value

The value of a 1958 Lincoln Wheat Cent ('P' mint mark) depends heavily on its condition. In circulated condition, it's typically worth a few cents to about $0.50. In uncirculated condition (MS-60 to MS-65), values can range from $1 to $5. Higher grades (MS-66 and above) or specimens with Full Red (RD) designation can fetch more, potentially $10 to $30 or more. As a common date, it is not considered rare, but exceptionally well-preserved examples or those with rare errors would command higher prices.

Care & preservation

To preserve the coin's condition, always handle it by its edges or through its protective holder. Avoid touching the coin's surfaces directly, as oils from skin can cause corrosion and tarnish. Store the coin in a stable, acid-free environment, such as a proper coin album, slab, or 2x2 holder like the one shown, away from extreme temperatures, humidity, and direct sunlight. Do not clean the coin, as cleaning can significantly damage its surface and reduce its collector value.

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Overview

Historical significance

Estimated value

Care & preservation

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Learn about Lincoln Wheat Cent in the encyclopedia