1955 Lincoln Cent W/ Tail Letter "E" & Cracks On Forehead

The 1950's cents dies were over used during that decade. Over worked beyond normal retirement. Thus the heavy die wear and the large number of VLDS coins struck. Your coin is also showing the die wear toward the rim on the date and other devices facing the rim of the coin. The area under the "E" is die deterioration/chip that are called a BIE, but yours is below the E. They are no biggie. They are common for the era. The BIE's in BU corner some interest, but not a premium coin. The die cracks are also another give away that the coin is breaking down. The wheat lines on the reverse are probably weak as well. Here is a BU example I found years ago:

In one tubed roll I found 19 examples of the VLDS coins. Most were not from the same die pair. So it is not common.

Wow coop, great info, thanks I learn so much everytime I read your posts....

btw The wheat lines on the reverse are not weak? that coin doesn't look circulated in person its just my cheap scanner.