The 1955 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

1955 Wheat Penny

Specifications

Type: Wheat Penny
Year: 1955
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams

The US minted the 1955 wheat penny with no mint mark and also the 1955 D wheat penny and 1955 S wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

Series Location Quantity Minted
1955 Philadelphia 330,958,200
1955 D Denver 563,257,500
1955 S San Francisco 44,610,000

Value

The 1955 wheat penny with no mint mark and the 1955 D wheat penny have similar values. Each coin is worth around $0.10 in very fine condition. In extremely fine condition the value is around $0.12. In uncirculated condition the price is around $0.35 for coins with an MS-63RB grade. Uncirculated coins with a grade of MS-65RB can sell for around $1.

The 1955 S wheat penny is worth around $0.20 in very fine condition. In extremely fine condition the value is around $0.30. In uncirculated condition the price is around $0.85 for coins with an MS-63RB grade. Uncirculated coins with a grade of MS-65RB can sell for around $3.

Proof coins with no mint mark are available and they are each valued at around $18 in PR 65 condition. There were 378,200 proof coins minted.

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Doubled Die Error Coins

There is a rare error variety for the 1955 wheat penny with no mint mark. On the obverse side of the coin the date the design elements are minted twice onto the coin.

The 1955 wheat penny double die error coin is worth around $1,400 in very fine condition. In extremely fine condition the value is around $1,600. In uncirculated condition the price is around $4,000 for coins with an MS-63RB grade. Uncirculated coins with a grade of MS-65RB can sell for around $10,000.

Note: Counterfeits exist for these doubled die error coins. So if you have one then it's best to get it graded.

Grading System

Very fine- Lincoln's jawbone and cheekbone are worn but still separated. The wheat heads are not worn.

Extremely fine- There is only slight wear on the coin. All of the details are sharp.

MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. The color is red-brown.

MS-65RB gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable. The color is red-brown.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1956 Wheat Penny
1954 Wheat Penny
1953 Wheat Penny