rangercaptain
6h ago
COINS
1940 Lincoln Wheat Penny
Key Facts & Value
Key Fact
Description
This is a 1940 Lincoln Wheat Cent, minted in Philadelphia. The obverse features a profile bust of Abraham Lincoln, facing right, with "Liberty" to his left and "In God We Trust" above. The reverse displays two stalks of wheat encircling the denomination and "E Pluribus Unum." These copper-based cents were part of everyday commerce for decades.
History
The Lincoln Cent, first minted in 1909 to honor the 100th anniversary of Abraham Lincoln's birth, replaced the Indian Head Cent. Designed by Victor David Brenner, its obverse depicts Lincoln's profile, and the reverse initially featured wheat stalks, later changing to the Lincoln Memorial. The 1940 mintage falls within the pre-war era.
Facts
The Lincoln Wheat Cent is one of the most collected U.S. coins due to its historical significance and familiar design. While common, certain mint years or errors can increase collector interest. The composition of these early cents was primarily copper, with a slight zinc coating.
Value Fact
The market value for a 1940 Lincoln Cent in average circulated condition is typically low, often just a few cents over its face value. However, coins in uncirculated grades or with rare mint marks can fetch significantly higher prices, ranging from a dollar to several dollars, depending on their condition and demand among collectors.
Item Details
Official Details
Variation Details
rangercaptain Details
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