The 1927-D Lincoln wheat penny is a product of the Denver mint, and composed of 95 percent copper and 5 percent tin and zinc. Unlike some other coins of the time, the one-cent piece did not contain any silver. There have been different styles of pennies over the years, all with Lincoln’s head on the front, and a great many coins with two stalks of wheat and the words "one cent" printed on the back. But not all wheat pennies are equal. This coin is a 1927-D penny, indicating that it originated at the Denver mint. During the 1920's, Denver mint cents were known for being better forged than many of their counterparts. The coins from this location and time period tend to last longer and be in better condition by the time they are listed for sale at auction. As a result, the values of the 1927-D cents may be somewhat lower than similar coins with less staying power, which demand higher prices as they become rarer. This Lincoln wheat cent is in good condition for its age. It shows some wear and tear as a result of having been circulated. The coin PCGS grading is 2579, and it was minted in 1927 at the U.S. mint in Denver, CO. The front of the coin features the head of Lincoln, the words "Liberty" and "In God we Trust," and the letter D, identifying the mint where the coin was made. On the back of the coin are two wheat stalks, the words "E Pluribus Unum," "One Cent"—the original value of the coin—and "United States of America." This auction price values the coin fairly accurately at two dollars, much better than its original value of one cent. Silver-colored collector coins tend to sell at auction for higher prices than their copper-colored counterparts, with the exception of rare 1943 copper pennies—minted during the war years when the one-cent pieces were made of steel to save metal. These rarest of Lincoln wheat pennies carry a value of several thousands of dollars. Some were known to sell at auction for more than 40,000 dollars. Such sales at auction are very rare, but for a few dollars, the winner of this auction can participate in the Lincoln wheat penny legacy, with a well-graded coin that will continue to hold its value well for many years to come. Sales of U.S. currency at auction is a tradition as old as coin collecting, and many Lincoln pennies have passed through the auction block over the years. Coins of various grades are seen in auction sales, but the Lincoln one-cent coin is one many collectors are familiar with. There are so many of them up for auction at a given time that it can be easy to lose sight of their potential value, but they won’t be around forever. A U.S. Lincoln wheat penny like this one—well made and prepared to hold its value—is a good coin to have in the collection of novice or serious collectors.
Product Identifiers
Designer
VICTOR David Brenner
eBay Product ID (ePID)
170395615
Product Key Features
Color
Brown
Strike Type
Business
Mint Location
Denver, Colorado, Denver
Composition
95% Copper, 5% TiN and Zinc
Year
1927
Dimensions
Weight
3.11g
Additional Product Features
Mintage
2717
EDGE
Plain
Mint
Denver
Denomination
1C
PCGS Number
2579
Diameter
19mm
Mint Mark
D
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