1917 Lincoln Penny Value

So, you’ve stumbled upon the 1917 Lincoln penny and thought, “Hey, just another run-of-the-mill coin, right?” Well, not quite. Sure, it might look like the modern penny’s long-lost twin at first glance, but let’s not be too hasty. This little piece of history has a few tricks up its sleeve.

First off, it’s old—like, over a century old. That alone makes collectors drool a bit. But it’s not just about age; it’s about scarcity. These coins aren’t exactly growing on trees, which only adds to their charm.

Now, let’s talk about the obverse side. Yeah, it’s Lincoln’s face again, but take a closer look. The detail on these well-preserved specimens is something to behold. You can practically count the hairs on his head and trace the lines of his cheekbones. And then there’s the “Liberty” inscription, casually hanging out on one side, with “1917” chilling on the other. Above it all, “In God We Trust” makes a graceful arch, like a halo of trustworthiness.

Flip it over, and you’ve got “One Cent” shouting its value from the rooftops, with “United States of America” backing it up. The Latin motto “E Pluribus Unum” adds a touch of class, elegantly curving above. And those wheat stalks on either side? They’re not just for show. They’re the reason this penny earned the nickname “Wheat Penny.” Respect where respect is due.

Assessing the Condition of the 1917 Lincoln Penny

Ah, the world of coin collecting—where the 1917 Lincoln penny is like the holy grail for numismatists. These folks are on a relentless quest for coins that look like they just rolled off the mint yesterday. To help them in their noble pursuit, they rely on grading systems. Let’s break down these grades, shall we?

Uncirculated: This is the crème de la crème. These coins have never seen the light of day outside a collector’s vault. They’re as pristine as the day they were minted, with every little detail still sharp and untouched, save for a bit of natural aging.

Extremely Fine: These coins have ventured out into the world but only dipped their toes in circulation. You might spot a scratch if you squint hard enough, but overall, they look pretty darn good to the casual observer.

Fine: Now we’re getting into the coins that have been around the block a few times. They’ve got some wear and tear, maybe a scratch or a chip here and there, but you can still make out the main features without needing a magnifying glass.

Good: The bottom of the barrel, folks. These coins have been through the wringer, with lots of wear and possibly some missing details. Yet, even a 1917 Lincoln in this state is still a gem for collectors.

Assessing the Value of the 1917 Lincoln Penny

The value of the 1917 Lincoln penny is influenced by its condition, or grade, as well as its specific type. Each year typically features three distinct types of this coin, resulting in varying values for two pennies from the same year. The chart below provides a clearer understanding of the worth of these coins.

Good: $0.30
Fine:
$0.50
Extremely Fine:
$4
Uncirculated:
$10

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The Silverpicker Founder
Hey there! I'm the Silverpicker. I've been documenting my precious metals collecting journey on my YouTube channel for over a decade. I've been there, done that, and got multiple T-shirts. It's my firm belief that, with enough patience, you will make money from this hobby, and you will be successful.

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