Descriptions bring out the subtle details involved.Īdvanced grading by professionals is recommended for the higher value $100+ coins. Along with the video, close-up images help you quickly recognize and separate premium pennies. Grading Lincoln Wheat Pennies is a detailed look at defining condition, assigning a grade and how to determine Lincoln penny value. After viewing the coin, you develop an opinion, a dealer or collector grading the coin have their own opinions. Judging condition of pennies is partially subjective degrees of wear and appearance cover the complete range of - new - to worn smooth.

Use a single light source when viewing and often a magnifying glass is helpful to bring detail closer. Viewing different grades side by side helps visualize details separating different conditions. A pleasing brown to light brown color of pennies is appealing to collectors in this grade, with many early dates showing premium value. Lettering along the rim is often faint, however must remain. Portrait is still bold with ample detail visible within the shirt. Cheek and jaw are now one smooth area with little definition. Wear has removed the majority of detail to Lincoln's hair and coat. No Mintmark Under Date: Philadelphia Mint Struck the Coin Mintmarks were used to identify the mint striking the coin. Philadelphia, the main mint along with branch mints Denver and San Francisco struck wheat cents. Variations in value occur subject to subtle grading points, collector demands and dealer needs. They reflect closely what you would expect to receive when selling. Dealer's price lists and auction results for each date and mint of Lincoln cents are averaged with various mark-up factors figured in.

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