The current auction record is $10,350 for an MS-67 Red coin. In extremely fine condition the value is around $0.30. Previous year: the 1941 Lincoln Wheat Penny Heavy nicks are absent giving a crisp look to the coin. Reading the value chart shows the increase in desirability of higher condition coins. This error is common in every mint run and mainly causes doubled words on the coin. Note that this error was not because of double-striking the die into the coin, because the first design would need to have been flattened. Now lets look at the individual features of the 1951 Wheat Penny. A close inspection of overall appearance and noting well defined features of Lincoln holds potential. The mint mark of a 1951 wheat penny is found on the obverse (the front of the coin). At the shoulder cut-off are the initials VDB for Victor David Brenner, the designer. My other coin collecting videos are on Couch Collectibles. https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___TWITTER: @couchcollectINSTAGRAM:@couchcollectiblesFACEBOOK: @CouchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___Welcome to Couch Coin Clips the second channel for Couch Collectibles! Lincoln Pennies were struck at all three mints operating in 1951. You can take a look below the date mark. All Rights Reserved. Indications are the colors that have developed, unnatural to a circulated coin. 1951 S Wheat Penny: $50: 1933 D Wheat Penny: $47: 1909 VDB Wheat Penny: $45: 1938 D Wheat Penny: $40: 1951 D Wheat Penny: $40: 1940 S Wheat Penny: $37: 1930 D Wheat Penny: $35: On the other hand, you need to pay somewhere between $50 and $75 for a 1950 proof Lincoln penny. Not all wheat cents are worth keeping, and preserving. When President Theodore Roosevelt took steps in 1904 to make several United States coins more artistic and aesthetically pleasing, he sought to hire Augustus Saint-Gaudensto redesign the cent, the double eagle, eagle, half eagle, and quarter eagle. I have a 1951 s penny and 1982-1982D for sale. Half a step up in MS 67+ RD, its $396. Earlier, we looked at a DDO on the 1951 (P) Wheat Penny. Composition: 95% copper, 5% tin and zinc Crisp detail to the tie on the well struck cent shows a defined central knot and ribbon on each side. These areas were ounce rounded and high relief. But that was over 15 years ago at the time were writing this, since the auction was a good while back, in 2006. This makes the coin stay at a meager value for anyone to acquire. The Lincoln penny is also the first penny coin to have the motto In God We Trust inscribed on them. Judging condition and a further assessment of strike quality identifies an appealing coin. 1936 Wheat Penny Value (Rare Errors, D, S & No Mint Mark), 1966 Half Dollar Value (Rare Errors & No Mint Mark).