1953 P Wheat Penny

Notes:

128 Thousand proof pennies were also issued here at the mint in San Francisco and they are worth around $55 each. Full price list below.

Copper Penny Color Guide

As with other copper cents the color RD (Red) is worth more than the RB (Red Brown), and the RB is worth more than the BN (Brown).

Mintages

Price Chart

This section is more for experienced collectors only, and rates refer only to professionally graded and slabbed coins. If you are new to collecting the prices below may not make much sense.

Breakdown of pricing per condition for 1953 P Wheat Penny as follows.

• Grade MS64 = $15-$25
• Grade MS65 = $19-$31
• Grade MS66 = $90-$150
• Grade MS67 = $128-$213
• Grade PR64 = $38-$63
• Grade PR65 = $45-$75
• Grade PR66 = $75-$125
• Grade PR67 = $128-$213
• Grade PR68 = $1,050-$1,750

Is the list above a little overwhelming? If so, take 5 minutes to learn all about Coin Grading.

It's also important to note...Prices are subject to the same supply and demand laws as everything else. Coins sold at the same auction house 10x, would fetch drastically different bids each session. To raise your chances of receiving top dollar read How to Get the Most for your Coins.

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How much is a 1953 P Wheat Penny worth?

In Average Circulated (AC) condition it's worth around 15 cents, one in certified mint state (MS+) condition could bring as much as $20 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 1953, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].

What are your coins really worth?

Use the handy-dandy calculator below to find the real value of any wheat penny in your collection.

Overall Specs & Design

This coin has a total mass of 3.11 g, a diameter of 19.05 mm, and a thickness of 1.55 mm. It's edge is smooth, and the coins are composed of 95% copper and 5% tin and zinc..

Designer: Victor D. Brenner

Front (Obverse): The front or obverse of this coin contains the bust of Abraham Lincoln, the 16th president of the United States. If a mint mark is present it will be on the bottom right just under the year. If no mint mark is present the coin was minted in Philadelphia. With D standing for Denver, and S standing for San Francisco. The words IN GOD WE TRUST follow the top arch of the coin nicely framing Lincolns head, and the word LIBERTY sits just left of President Lincolns Colar.

Back (Reverse): The reverse of the Wheat Penny, also known as the Wheat Cent contains two wheat stalks, the words One Cent, and the Latin phrase E PLURIBUS UNUM which means Out of many, one. The reverse image would later change in 1959.