The 1958 Wheat Penny value is estimated at an average of 15 cents, one in certified mint state (MS+) could be worth $5
Type: Wheat Penny
Mintage: About 252,525,000 coins were produced.
Year:1958
Minted at: Philadelphia
Mint Mark: No mint mark
Designer: Victor D. Brenner
Mass/weight: 3.11 grams
Metal Composition: 95% Copper – 5% Tin and Zinc
Silver Content: 0%
Numismatic Value: Depending on the condition of the coin, its worth can range from 15 cents to $5.
Although about 252,525,000 (1958 Penny) was estimated to have been produced, it may not be accurate due to some being melted, destroyed, or never released to the public.
The price may change due to the grading of the coin, demand and supply, and other factors. You can ensure your coins are graded by using the top grading companies on the market.
1958 Wheat Penny Value. How much is it Worth?
The 1958 Wheat penny in its normal condition could go for 15 cents and those in mint state condition (MS+) could go for up to $8 at auctions. Coins of MS- 65 could also go for $30 or more. To ensure your coins are valued properly use qualified coin grading companies.
But there are conditions when these coins are sold for more than that. Some are Double die obverse, Repunched mint marks, and extremely high grading values. So, keep close attention to some of these on your coins and you might be smiling your way back from the bank.
The Double die obverse and the Repunched mint marks are errors that happen during the minting and are overlooked by the designers and pushed into circulation.
Referencing back to the total number of 252,525,000 coins produced. It does not include coins that may have been destroyed or melted.
The price may change due to the grading of the coin, demand and supply, and other factors. You can ensure your coins are graded by using the top grading companies on the market.
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