1952-D Wheat Penny
The 1952-D Wheat Penny had a total mintage of over 746 million coins struck at the Denver Mint. This is a huge mintage climbing even higher than the large mintage from the previous year. Due to the large mintage, the 1952-D Wheat Penny is relatively easy to find in many circulated and uncirculated grades, although some of the highest grades can be difficult to find. Cherrypicking is advised to ensure you find a well-struck coin with attractive surfaces. The Denver Mint has fluctuated with the quality of its craftsmanship, so keeping a keen eye on the details will make a difference for your collection.
History of the 1952-D Wheat Penny
The 1952-D Wheat Penny would make a great addition to any Lincoln Cent series collection. This is a plentiful coin that is also relatively affordable compared to some of the others in series. The Wheat Penny was designed by Victor David Brenner. President Theodore Roosevelt wanted to prepare new coin designs that had more artistic merit. He chose Brenner based on a plaque he created with Lincoln’s profile. The Wheat Penny depicts a bust and profile of Abraham Lincoln on the obverse, with the D mint mark under the date. The reverse features two stalks of durum wheat.
1952-D Wheat Penny Worth
The 1952-D Wheat Penny value ranges from around one thousand dollars to two thousand dollars for some of the higher graded coins documented on the market today. The Wheat Penny comes in colors ranging from brown to brown-red to red, with the red versions typically commanding higher prices compared to the other colors. The Wheat Penny series is an affordable series for those looking to build a circulated grade coin collection for only a few hundred dollars, and is also a steal for serious collectors as well.
The most expensive 1952-D Wheat Penny sold at auction reached a remarkable price of $9,775 in November 2007, according to a sale by David Lawrence RC. This penny, graded MS67 by PCGS (Professional Coin Grading Service), tops the auction record list for this particular coin. Other notable sales include:
- $6,463 in April 2015 at Heritage Auctions for a MS67+ (PCGS) graded penny.
- $6,325 in September 2008 at Heritage Auctions for a MS67 (PCGS) graded penny.
- $6,325 in May 2005 at Heritage Auctions for a MS67 (PCGS) graded penny.
These figures highlight the significant value that can be attributed to high-grade, rare specimens of the 1952-D Wheat Penny in the numismatic community.
Type of coin: Penny
Year: 1952-D Wheat Penny
Wheat Penny Mint Mark: Denver
Total mintage: 746,130,000
Metal content: 95% Copper, 5% Zinc and Tin
Face value: 1 cent
Weight: 3.11 grams
Edge: Plain
Designer: Victor David Brenner
Diameter: 19.00 millimeters
FAQ
1. What is the average 1952-D Wheat Penny value?
The average 1952-D Wheat Penny value ranges from $0.05 to $0.10 for coins in circulated condition. For uncirculated coins, the value can start from $0.30 and increase significantly based on the coin's grade, with higher grades fetching higher prices.
2. How does the condition of the 1952-D Wheat Penny affect its value?
The condition of the 1952-D Wheat Penny greatly affects its value. Coins in uncirculated condition with no signs of wear and strong original luster are valued much higher than those in circulated condition. The 1952-D Wheat Penny value can exceed $1 for coins in MS-63 (Mint State) condition, with premium values for higher grades.
3. What is the highest value ever recorded for a 1952-D Wheat Penny?
The highest value recorded for a 1952-D Wheat Penny can exceed $10 for coins in top uncirculated grades (MS-66 or higher). Exceptionally well-preserved examples with outstanding eye appeal and no significant flaws can fetch higher prices, especially if they have been professionally graded by reputable services.
4. Does the 1952-D Wheat Penny have any rare errors that increase its value?
While the 1952-D Wheat Penny itself is not commonly associated with major errors, any Wheat Penny with noticeable errors such as double dies, off-center strikes, or repunched mint marks can be more valuable. Specific error coins from 1952-D are less common, and their value would depend on the rarity and appeal of the error.
5. How can I accurately determine my 1952-D Wheat Penny's value?
To accurately determine your 1952-D Wheat Penny value, it's recommended to consult with a professional coin grader or numismatist. They can assess the coin's condition, authenticity, and any unique features, providing a more precise valuation. For an official grade, consider submitting your coin to a reputable grading service like PCGS or NGC.
6. Are there any key factors that collectors look for in a 1952-D Wheat Penny?
Collectors often look for the 1952-D Wheat Penny in high-grade uncirculated condition with strong luster and sharp details. Full, clear wheat stalk lines on the reverse and a lack of significant marks or blemishes enhance the coin's appeal and value. The presence of the "D" mint mark (for Denver) and the overall eye appeal are also key factors.