The 1920-S Lincoln Wheat Cent Penny is an interesting coin that collectors love. This penny was made during a time when the United States was going through many changes. Understanding its history, design, and value can help you appreciate it more.
History of the 1920-S Lincoln Wheat Cent
The Lincoln Wheat Cent was first made in 1909 to celebrate Abraham Lincoln’s 100th birthday. The “S” in 1920-S stands for San Francisco, where this penny was minted. The 1920-S penny is special because fewer were made than other years, which makes it more valuable to collectors.
Design Features
The 1920-S Lincoln Wheat Cent has a simple yet beautiful design.
- Obverse Side: The front side shows a profile of Abraham Lincoln. Below his chin, you can see the word “Liberty,” and the year “1920” is just beneath that.
- Reverse Side: The back side features two wheat stalks on either side of the words “One Cent.” The words “United States of America” are at the top, while “E Pluribus Unum” is at the bottom.
Rarity and Demand
The rarity of the 1920-S Lincoln Wheat Cent makes it sought after by collectors. In 1920, around 4.4 million of these pennies were made. In comparison, other years produced more coins. Because fewer coins were made, collectors are often willing to pay more for this penny.
Grading and Value
The value of a 1920-S Lincoln Wheat Cent depends on its condition. Coins are graded on a scale from 1 to 70, with 70 being perfect. Here are some common grades and their estimated values:
Grade | Estimated Value |
---|---|
Good (G) | $1.00 – $2.00 |
Fine (F) | $5.00 – $10.00 |
Very Fine (VF) | $15.00 – $30.00 |
Extremely Fine (EF) | $50.00 – $75.00 |
Uncirculated (MS) | $100.00 or more |
As the grade goes up, so does the value. Collectors pay more for coins in excellent condition.
How to Care for Your 1920-S Lincoln Wheat Cent
If you own a 1920-S Lincoln Wheat Cent, it’s essential to take care of it. Here are some tips:
- Keep It Dry: Moisture can damage the coin. Always handle it with clean, dry hands.
- Use a Holder: Store your coin in a protective holder or capsule to keep it safe from scratches and dirt.
- Avoid Cleaning: Never clean the coin, as this can reduce its value.
Conclusion
The 1920-S Lincoln Wheat Cent Penny is more than just a piece of money; it tells a story about American history and coin collecting. Its rarity, unique design, and varying value make it an exciting coin to explore. Whether you are a seasoned collector or a beginner, understanding this penny can enhance your appreciation for coins and their history.
Collecting coins like the 1920-S Lincoln Wheat Cent can be a rewarding hobby. Remember to take care of your coins and enjoy the journey of discovering more about them.
FAQ’s
What makes the 1920-S Lincoln Wheat Cent special?
The 1920-S penny is special because fewer were made compared to other years, making it rare and valuable to collectors.
How can I tell if my penny is a 1920-S?
Look for the “S” mintmark on the back side of the coin, which indicates it was minted in San Francisco.
Where can I sell my 1920-S Lincoln Wheat Cent?
You can sell it at coin shops, online marketplaces, or auctions specializing in collectible coins.
Is the 1920-S Lincoln Wheat Cent Penny worth more than other years?
Yes, it is often worth more due to its rarity and demand among collectors.
What should I do if I find a 1920-S Lincoln Wheat Cent?
If you find one, take care of it and consider having it appraised to understand its value.