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What are wheat pennies, and why are they sometimes worth thousands?

2 12
16.03.2025

(NEXSTAR) — The U.S. could move to ditch the penny but that doesn’t mean you should start throwing away your one-cent pieces — especially if they contain a certain grain on them.

The penny has undergone several design changes throughout its long history, stretching back to 1793. They were first produced with an image of Lady Liberty on the front and a chain surrounding the text “ONE CENT” on the reverse, then the chain was replaced with a wreath.

Then, in the early 1900s, President Abraham Lincoln replaced Liberty on the penny, bringing a new reverse design complete with wheat. It’s the wheat that could help you garner some green from collectors.

The US could ditch the penny: What happened when Canada did it?

Pennies produced from 1909 to 1958 featured two sheaves of wheat on the reverse. (They would then be swapped out for an image of the Lincoln........

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