Lincoln Pennies: A Great Addition to Your Coin Collection

Over Labor Day weekend we had the pleasure of spending some meter in Springfield, IL and taking in a few of the Abraham Lincoln Sites. One thing is certain ; there is an awful lot of Lincoln memorabilia that is available to collect !
however if space is at a premium for you, even you love Lincoln and love gather coins, you have all the makings of a start to a bang-up collection .
Image result for Lincoln penny collectionImage result for Lincoln penny collection
Did you know that the Lincoln Cent is one of the most widely collected coins in America ? After reading our web log post, you will know the history of the coin, mintages of the coin, american samoa good as which rare coins to be on the lookout for.

History of the Lincoln Penny:

The Lincoln Penny was released in 1909 to celebrate the anniversary of his hundredth birthday. Prior to the Lincoln Penny being released, the US Mint had never featured an actual person on a coin .
It is said that President George Washington is said to have refused to allow his compare to be put on a coin. According to www.lincolnpennies.net, Washington felt, and most agreed for decades, that a portrait of a actual individual was excessively similar to the practice of using images of royalty on coins used by the monarchal governments of Europe. The only consistent portrait used on US coins was that of the fabulous Liberty.
The look of US Coins was changed constantly when President Roosevelt introduced the Lincoln Penny. Roosevelt felt that coins were a act bore, olive drab and barely deficient in the inspiration department. He wanted coins to showcase the fact the United States was becoming a world power. additionally Roosevelt felt that US owed a smell of gratitude to Lincoln who had led the nation through the dark days of the Civil War. As well, Lincoln was a fellow Republican .
The persona of Abraham Lincoln was designed by sculptor Victor David Brenner who came to the US in 1890 after fleeing his fatherland of Lithuania where he was being persecuted for his jewish lineage .

history is receptive to interpretation on how Brenner was chosen for this commission, however we do know that Roosevelt sat for Brenner in late 1908, and it appears that they may have discussed Roosevelt ’ sulfur design for the Lincoln penny during this clock time. Roosevelt was besides an admirer of a 1907 plaque of Lincoln which Brenner had produced. We do know that in January of 1909 Mint Director Frank Leach contacted Brenner to ask his fee for designing the coin .
The design on the obverse is quite alike to what Brenner used in his other pieces that featured Lincoln. Numismatic historian Roger Burdette suggests that this depicting is based on an 1864 photograph taken of Lincoln at Matthew Brady ’ randomness studio apartment .
After a copulate of design changes, Brenner used two ears of durum pale yellow for the reverse slope of the coin and on February 17th, Brenner delivered models for both the obverse and reverse. The coin was approved after a few more design changes were made. One of the design changes made were the removal of Brenner ’ randomness surname on the obverse of the coin. Brenner agreed to take it out and put it in little letters on the reverse. Another change that would additionally be made was the adding of the motto “ In God We Trust ”
By May 26th, samples of the newly mint with the motto adenine well as without were shown to President Taft ( Roosevelt had left office by this time ), Taft chose the mottoed version of the coin, were it was last approved by the Secretary of the State. A release date of August 2, 1909 was set for the mint .

Coin Release & Controversy:

For many in the south, the Civil War was anything but a aloof memory and many Southerners were strongly opposed to honoring Lincoln in this manner .

Others felt that the indian Head pennies had been in circulation since 1859 and was one of the most celebrated of the US Coins and saw no argue to change it .
last, the issue about those initials of Brenner ’ randomness caused such a public outshout that within a workweek, President Taft ordered all the initials except the “ B ” removed. Brenner ’ randomness initials were moved to just below the “ bevel ” fair below Lincoln ’ mho shoulders on the obverse, slightly to the impart of center when looking at the coin, in letters so small, that to this day you need a identical strong magnifier and about a post newfangled penny to see .

Varieties of Lincoln Pennies

Wheat Cent Design (1909-1958)


The Lincoln Penny remained unchanged from the information above for about 50 years.

Lincoln Memorial Design (1959-2008)

The Lincoln Penny remained unaltered from the data above for about 50 years.
Marking the hundred-and-fiftieth anniversary of Lincoln ’ s birth, the reverse side changes from durum pale yellow to the Lincoln Memorial .

Lincoln Bicentennial Penny 2009


2009 brought not only the 200th anniversary of Lincoln’s birth, but also the 100th anniversary of the Lincoln Penny as well.
While the obverse didn’t change, the reverse depicted four different images of Lincoln’s life. These coins were issued about 3 months apart from each other.

Lincoln Shield Reverse 2010-???

2009 brought not entirely the two-hundredth anniversary of Lincoln ’ s parentage, but besides the hundredth anniversary of the Lincoln Penny as well.While the obverse didn ’ triiodothyronine change, the invert depicted four different images of Lincoln ’ s liveliness. These coins were issued about 3 months apart from each other.


In 2010 a new reverse was released to show Lincoln’s preservation of the United States as a single and united country. It features a union shield and scroll.

7 Rare Lincoln Pennies

In 2010 a new reversion was released to show Lincoln ’ s conservation of the United States as a single and joined country. It features a union shield and scroll .

1909 S V.D.B. Wheat Penny


The 1909 S VDB is one of the coins from the modern era. Only 484,000 of these coins were struck. The 1909 S (San Francisco) V.D.B. (initials of the designer) wheat penny is always brings in top dollar, regardless of the grade of the coin. Those VDB initials stand for Victor David Brenner and they are found on the reverse, centered below the wheat stalks.

1909 S Wheat Penny

The 1909 S VDB is one of the coins from the advanced era. only 484,000 of these coins were struck. The 1909 S ( San Francisco ) V.D.B. ( initials of the graphic designer ) pale yellow penny is always brings in top dollar, regardless of the grade of the coin. Those VDB initials stand for Victor David Brenner and they are found on the reverse, centered below the pale yellow stalks. Another 1909 San Francisco issue that is considered quite barely. Collector need is quite high for the 1909 S pale yellow penny. With a coinage of 1,825,000, the 1909 S is a very rare and there are many, many folks who would love to get one of these into their collections .

1914 D Wheat Penny


The 1914D Lincoln cent is one of those pennies that just keeps getting more expensive as time goes along. Only a million of these pennies were struck and always in demand, regardless of the grade of the coin.

1922 “Plain” Wheat Penny

The 1914D Lincoln cent is one of those pennies that equitable keeps getting more expensive as time goes along. merely a million of these pennies were struck and always in demand, regardless of the grade of the mint. When there is no mintmark on a coin, you oftentimes get a mint that is highly sought after. That ’ s what happened when a minor numeral of the 7,160,000 Lincoln wheat pennies the Denver mint produced in 1922 never received a “ D ” under the date on their cents thanks to a trouble with the die.
Caution though…….there are some folks who will “help” the “D” mintmark wear off, causing some folks to think they have found this rare coin.

1931 S Wheat Penny

. The San Francisco mint struck only 866,000 Lincoln pennies in 1931, which means there are many folks who are looking to add one of these pennies to their collections .

1943 Bronze Wheat Penny

In 1943, the U.S. Mint struck pennies out of steel to help ration bull for military purposes. however, a few 1943 Lincoln pennies wound up being struck in bronze, and these rare mistakes are worth a reasonably penny indeed. Some 1943 bronze pennies have sold for over $ 100K at auction .

1955 Doubled Die Obverse Wheat Penny


As with the 1922 “ plain ” mint mentioned above, the 1955 Double Die obverse coin was for all intents and purposes was an “ oops ! ” or “ error ” mint. As a solution it is one of the most democratic “ rare ” Lincoln pennies for many collectors. While there were more 330,000,000 strike at the Philadelphia mint, alone a small percentage of these received the double over of the obverse purpose, making it a valuable find, regardless of the lowest grade.
To obtain stream pricing on the Lincoln pennies mentioned above, head to hypertext transfer protocol : //www.pcgs.com/prices/

Penny Facts

And last we wanted to share some fun facts and even quotes about the penny……these facts are courtesy of Coins the Fun Times Guide.
# 1 – Did you know that average penny lasts about 25 years !
# 2 – Pennies were the identical first coins minted in the United States. In March 1793, the mint distributed 11,178 copper cents
# 3 – The penny has had 11 different designs.
# 5 – Lincoln faces to the good, while all other portraits on coins face to the left. This was not done on aim — it was merely the choice of the coin graphic designer.
To read the entire number, please visit : hypertext transfer protocol : //coins.thefuntimesguide.com/ .

Penny Quotes

• A badly penny always comes back. ~ german Proverb
• A penny for your thoughts. ~ Proverb
• Penny wise is much beat anserine. ~ french Proverb
• A penny is a draw of money if you have not got a penny. ~ yiddish Proverb
• A penny saved is a penny earned. ~ Benjamin Franklin
• Pennies do not come from Heaven. They have to be earned here on ground. ~ Margaret Thatcher
And now we suggest you head to your wallet, your pockets, your change jolt and wherever else you keep your pennies and get started on your very own Lincoln Penny Collection. Of naturally, if you come across any of the rare pennies listed above, and want to sell them, give us a call at 847-348-6447 and let us help you find a buyer for your coin .
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PGS Gold & Coin ’ mho deputation is to provide our customers with “ Fair Market Value ” in exchange for any unwanted Rare Coins, Platinum, Gold, Silver, Diamond, Jewelry and Collectables ! We strive to deliver the highest quality of customer overhaul each and every day. PGS Gold & Coin is locally owned & family operated since 2008. PGS has become one of the most professional and trusted Rare Coin, and valued Metals Dealers in the area. We are a Certified Coin Dealer by PCGS ( Professional Coin Grading Service ), NGC ( Numismatic Guaranty Corporation ), and PMG ( Paper Money Grading ). We are a proud sponsor of the ANA ( American Numismatic Association ) and have a BBB ( Better Business Bureau ) A+ rat.

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For more data, visit our web site www.pgsgoldandcoin.com or give us a call at 888-416-2701 .

reference : https://coinselected.com
Category : Coin collecting

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