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1958-D Wheat Penny Worth?

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 Posted 05/21/2021  4:26 pm Show Profile   Bookmark this topic Add Michael573 to your friends list Get a Link to this Message Number of Subscribers
I have a bunch of 1958-D Wheat Pennies and was curious of the worth? Also what would you grade the single penny in the photos?
1958-D-Wheat-Penny-Worth?
1958-D-Wheat-Penny-Worth?
1958-D-Wheat-Penny-Worth?
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jbuck's Avatar
United States
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ijn1944's Avatar
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 Posted 05/21/2021  5:04 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Nice coin. Late 50s wheat cents were squirreled away by collectors in great numbers back in the day. Consequently, there's a vast supply of mint state coins out there. When it comes to value, a '58 D Wheat cent in the MS60-64 grade range could run somewhere around 25 to 75 cents--perhaps a bit more to a collector who's uber-crazy about them.

Given the photos posted, It's difficult to determine if anything is greater than MS62. Be sure to check for die cracks, die chips, etc.
Edited by ijn1944
05/21/2021 5:05 pm
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Coinfrog's Avatar
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 Posted 05/21/2021  6:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'd say 50 cents is about right.
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 Posted 05/21/2021  6:09 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
The posted coin is around MS-63/64. That's pretty typical. Like 1944 said, these are not particularly valuable. They were stashed away by the millions since it was the last year for wheat cents.

The best thing you can do is find the highest grade one you have and post it here. If you send one to PCGS and it gets into an MS-67 slab it could be worth a couple hundred bucks.

https://www.PCGS.com/prices/detail/.../most-active
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 Posted 05/21/2021  7:24 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Yes very common Wheat cent with a few small issues . I agree value about 50¢ .
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 Posted 05/22/2021  01:00 am  Show Profile   Bookmark this reply Add Michael573 to your friends list Get a Link to this Reply
Thank you all for the reply's, very helpful! I think I'll find my best coin and get it graded.
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 Posted 05/26/2021  07:37 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply

Quote:
I think I'll find my best coin and get it graded


But remember...a MS-66 is only worth $20...?
Grading fee's are going to eat up the profit.
smat
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 Posted 05/26/2021  11:09 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
might pull MS64
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 Posted 05/26/2021  5:55 pm  Show Profile   Bookmark this reply Add rwkiii to your friends list Get a Link to this Reply
That's a pretty 1958-D. I paid $12 for one that looked not as good in a pic. I couldn't believe my eyes when I received it!

Like others have said, they're common and not worth a lot. Although most any Lincoln in the top 2 or even 3 grading points of its date/mm are going to bring good money.

If you invest the money to certify your 1958-D and you get a MS65 grade, your coin is realistically sellable at $16.

If you get a grade of MS66 you could list it for $26.

Personally, I think you have an MS64+/MS65, but if you can get an MS67 example the realistic listing price is about $400. ($6000 if you can find one that's MS67+)

Those prices all come from the PCGS Price Guide for a 1958-D RED.

I have a 1958-D that's so pretty ... I listed it for $250, but when I started getting watchers and I got close to my next grading submission - I chickened out and pulled the listing. I will always regret selling it for only $250. I HAVE to get it graded and encapsulated.

Better pics help.
Edited by rwkiii
05/26/2021 6:21 pm
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 Posted 05/26/2021  6:04 pm  Show Profile   Bookmark this reply Add rwkiii to your friends list Get a Link to this Reply
Btw, maybe I'm out of line here, but if you are looking for an exceptional 1958-D I'll be happy to hang my beauty out here for the forum.

I don't know the rules and etiquette for this forum yet. I question everything, like, how do they get deer to cross at those signs? Stuff like that.

;))
Edited by rwkiii
05/26/2021 6:13 pm
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 Posted 05/26/2021  6:54 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
Btw, maybe I'm out of line here, but if you are looking for an exceptional 1958-D I'll be happy to hang my beauty out here for the forum

Go right ahead and post your 58-D Lincoln beauty but in a new post .
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 Posted 05/27/2021  01:49 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
I think I'll find my best coin and get it graded


Recommend you post it here before that. Not worth slabbing unless you're sure it's at least a 67. Finding a 67 is VERY difficult, I would be surprised if you had one.
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