Most enthusiasm numismatists can not wait to gain their hand on the 1918 penny. It has been around for decades, and the desire to own it because of its antiquity. Besides, this Lincoln cent is valuable, and also they can profit from selling it in ~ auctions or pawnshops.
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The 1918 Lincoln penny is worth in between $0.20 and $35. The value of a details 1918 cent is dependent on the condition it’s in or that grade. For instance, if this coin is in certified mint state (MS+) condition, it deserve to cost about $180.
This short article delves deeper right into the 1918 Lincoln penny. Let’s begin!
What is the 1918 Lincoln Penny?
The one-cent coin is the the smallest denomination the American currency right now being produced. The 1918 cent is known as the Lincoln Wheat Ear Penny because of the image on its reverse, which functions two wheat stalks bound together by a ribbon.
The developers selected this design to stand for grain manufacturing in the United claims during human being War ns (1917-18).
The 1918 coin is a component of a series of one-cent coins make by the united state mint to commemorate president Abraham Lincoln’s birthday.
Victor David Brenner design the front of the 1918 Lincoln Wheat coin front however it readjusted to have two memorial engravings on the earlier due to public outcry.
The inscription that continues to be today reads “In God we Trust,” i beg your pardon was added in 1909. Meanwhile, the original inscription read “One Cent.”
The 1918 One Cent coin is composed of 95% copper and 5% zinc. This penny weighs 2.5 grams and also has a diameter of 19mm.
On the prior of the coin, Abraham Lincoln is in a circle with “IN GOD us TRUST” written over him.
The earlier of the coin has actually two laurel branches in ~ the sides v an inscription that reads “The United claims of America.”
History that the 1918 Lincoln Penny
Every coin speak a distinct story, and the 1918 Lincoln penny is no different. Collectors seek this coin since it was struck in an speculative copper-alloy cent planchet.
The Mint action of 1792 required that every coins be made out of steel rather than paper. It to be not until 1857 the the Mint would certainly strike a coin using a various metal.
The Lincoln Pennies to be minted between 1909-1942, however it seems that the Mint was experimenting with other metals in the year leading approximately WWII.
1918 was an important year because that America as the nation was still recovering from people War I.
Many events developed that year the would shape the joined States into what that is today. It remained in the middle of the deadly Spanish flu. And, it’s the year the Congress validated the 19th Amendment, which provided women the ideal to vote.
The 1918 penny was struck at three various locations – Philadelphia, Denver, and San Francisco. Lock were all coined out of an experimental copper alloy recognized as “Bronze.”
The 1918 Lincoln penny is not thought about to be a significant rarity. Philadelphia alone make 288,104,634 pieces.
Reason for Minting the 1918 Penny
In 1918, the pennies were minted in a steel alloy as result of a copper shortage. The war Department bespeak the U.S Mint to produce a stole cent due to shortages the copper.
The pennies do in 1918 space 87% copper and 13% zinc in a planchet the is 2.5 mm thick. They were slightly larger than the earlier coins and weighed 3.11 grams.
Features the the 1918 Penny
The 1918 Lincoln wheat coin derives its surname from the main attributes on that is obverse and reverse, respectively.
Obverse functions of the 1918 Lincoln Penny
Here are several of the features discovered on the obverse next of the 1918 Lincoln Penny:The portrait of Abraham Lincoln dealing with right.“LIBERTY” is inscribed throughout the height of the coin.The native “IN GOD we TRUST” can be discovered underneath the date, situated at the bottom facility of the obverse side.1918 Lincoln cent were made there is no a designer’s initial or initials on castle anywhere about this area. The day 1918 is found on the bottom that the coin.The “penny” part of the coin’s name is found below the date.Mint point out are supplied to identifying where it to be made. Three various Mints in the joined States minted the 1918 penny; Philadelphia (no mint mark), Denver (D), and San Francisco (S).
Reverse functions of the 1918 Lincoln Penny
The reverse of the 1918 Lincoln penny features two wheat stalks bound together by a ribbon, through the motto “E Pluribus Unum” over and the mint mark (D or S) below.
E Pluribus Unum
Latin term an interpretation “Out the many, one.” Pierre Eugene du Simitiere said this motto to stand for the union created by the original 13 colonies. It ended up being a nationwide motto in 1782. The “1918” year that minting is located in between the two wheat stalks.
The pair the wheat stalks ~ above the coin represents the abundant grain production in the United states during people War i (1917-18). The wheat stalk is likewise the state emblem the Wisconsin’s state.
D (or S) Mint note Location
The mintmark for the Denver branch of the U.S. Mint is located just listed below the bow in the wheat stalks on the turning back of a 1918 penny.
Then, the mountain Francisco mint mark is situated between and slightly over and to one next of the 2 wheat stalks.
This signified the face value of the penny.
The 1918 Lincoln cent was composed of 95% copper and 5% tin and zinc, through an outer ring the pure copper.
Weight and also Dimensions
It weighs 3.11 grams and also measures 19.00 mm in diameter.
Value that the 1918 Wheat Penny
The reverse of the coin shows two sheaves that wheat flanking a big “One Cent,” representing that this is one penny.
Typically a 1918 Wheat penny will market for less than $1 in great condition and $15 in well condition. However, if her coin is uncirculated, it might be precious $30 or more.
Melt value (Weight in Metal)
The 1918 pennies contain 95% copper and 5% zinc. The penny weighs 3.11 grams.
So, if you have a 1918 wheat penny, it has a melt worth of about $0.12 each.
This means that if one melted your 1918 wheat penny down and also sold it, they would gain $0.12 for each penny.
How lot is the 1918-Penny precious at the pawnshop?
The 1918 Wheat penny is worth around $0.21 in ~ the pawnshop for its metal content the 95% copper and 5% zinc. But, depending on its condition, it deserve to fetch approximately $25.
Comparison Table showing the 1918 coin Value
|Condition/Coin||1918 Lincoln Penny||1918 Lincoln coin (D)||1918 Lincoln penny (S)|
Factors affecting the value of a 1918 Penny
Grading the 1918 Lincoln coin is judging the amount and kind that wear ~ above the coin.
Uncirculated 1918 Lincoln Penny
There room no signs of wear ~ above the coin. All of the style details are very clear and also well defined. The luster is unbroken, and it has a nice even color.
The only wear obvious on the coin is abrasions or minor scratches around significant defining point out to provide an result of lighting. The luster is strong and has a pretty even shade overall.
There are indications of wear top top the coin, however you can see the the critical, defining details are finish with the nude eye. The surface is reasonably complimentary of abrasions or young scratches clearly shows in the right light but may have actually some call marks or other proof of wear. The luster is solid but maybe slightly uneven in color.
The coin has normal wear for the age; all important defining details space complete; however, over there are many abrasions and contact marks on the surface. The luster is greatly gone, with variations in shade throughout.
What’s the worth of a 1918 penny without a mintmark?
Pennies with no mintmark are from the Philadelphia mint. Together Lincoln pennies space worth around 25 cents.
Which metals were provided to do the 1918 Wheat Penny?
Copper and Zinc.
How deserve to I pawn my 1918 Lincoln Penny?
You can go into a pawnshop and ask to speak v the owner. Talk about briefly exactly how much that is worth. Display proof and any various other relevant info that might persuade the owner to provide you much more money than the face value.
What taken place in the US once the 1918 Wheat penny to be minted?
World battle I to be going on, and also Americans supplied this coin in everyday life due to the fact that it had comparable metal contents to various other coins.
Also, the 1918 Spanish flu coronavirus was spreading fast. The mints made every pennies out of copper, zinc, etc. The 1918 cent did not have a far-reaching impact on everyday life throughout this time. It no until human being War 2 that they make pennies the end of steel.
Winding Up: Is the 1918 Penny precious Collecting?
Many civilization collect Lincoln pennies, yet not every pennies are worth collecting. As an old penny, the 1918 Lincoln Wheat cent is worth an ext than its challenge value. Girlfriend can likewise sell it for scrap value if you’re looking for fast cash.
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Of course, the an initial thing is to identify an yes, really 1918 penny due to the fact that there are plenty of counterfeits in existence. A quick method to tell if your coin is real is by looking at it carefully and trying to determine its authenticity based on the quality of the details.