- Year: 1916
- Mint Mark: No mint mark
- Type: Wheat Penny
- Price: $3.00-$285.00+
- Face Value: 0.01 USD
- Produced: 131,833,000
- Edge: Smooth
Notes: 1 thousand proofs issued here in 1916 and they are worth around $1300 each!
The 1916 penny is part of the Lincoln cent series, which began in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. The penny features a portrait of Lincoln on the obverse (front) and two wheat ears on the reverse (back).
Copper Penny Color Guide
- Diameter: 19.05 mm (0.75 inches)
- Thickness: 1.55 mm (0.061 inches)
- Weight: 3.11 grams (0.11 ounces)
Mintage Numbers (see graph below)
- 1916 Philadelphia (no mint mark): 131,833,000 minted
- 1916 D Denver (no mint mark): 35,956,000 minted
- 1916-S San Francisco: 22,510,000 minted
How much is a 1916 Wheat Penny worth?
This section is more of a layman's guide, for those new to collecting.
In Average Circulated (AC) condition it's worth around $3.00, one in certified mint state (MS+) condition could bring as much as $285 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1916, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].
If you are a fan of coin roll hunting or just want to learn more about wheat pennys then search or scroll below to find the most valuable and rarest in this series.
The most valuable Wheat Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.
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Hardest to Find
The rarest and hardest to find Wheat Penny's Check out each link to learn more about each coin.
What is the rarest Wheat Penny?
***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.
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