Value of a 1956 D Wheat Penny with errors can range significantly, influenced by the specific type of error and the coin’s overall condition.
Here are some examples of 1956 D Wheat Penny errors and their potential value:
- Doubled Die Obverse (DDO): This error shows doubling in the design elements on the front of the coin, like the date or inscriptions. Value can range from $50 to $1,500, depending on the clarity of the doubling.
- Re-punched Mint Mark (RPM): The “D” mintmark, located below the date, might appear doubled or tripled due to being punched more than once during production. Value starts around $5 and can exceed $100 for well-defined examples.
- Off-Center Strike: When the planchet (blank coin) is misaligned during striking, the design can be off-center. A strike that’s 5% to 10% off-center might be worth $5 to $15, while a significantly off-center strike (50% or more) can reach over $150.
- Clipped Planchet: Part of the coin’s edge is missing due to a punching misalignment during the blanking process. Values range from $10 to $50, depending on the severity of the clipped portion.
- Die Cracks or Cuds: Raised lines or blobs of metal on the coin’s surface result from breaks in the die used to strike the coin. Values can vary, with more significant errors typically commanding higher prices.
- Planchet errors: These can include coins struck on the wrong planchet (e.g., a dime planchet) or other anomalies with the blank piece of metal before striking. Values can vary depending on the specific error, one 1956 D Lincoln Wheat Penny Planchet Error is available for sale for 50USD on eBay.
Keep in mind that the condition of the coin (its grade) plays a crucial role in its value. A coin in higher grade (e.g., uncirculated condition) with a significant error will be worth much more than a worn, circulated coin with the same error.
If you believe you have a 1956 D Wheat Penny with an error, it is recommended to consult with a reputable coin dealer or have the coin professionally graded by services like PCGS or NGC to get an accurate valuation.
What is the rare mistake on a 1956 D wheat penny?
This 1956 D Lincoln Wheat Penny has a unique feature with an L on the rim, making it a rare error coin. It was produced at the Denver Mint in the United States and is ungraded and of unknown fineness and strike type.
What makes a 1956 D wheat penny rare?
From my experience, While the 1956 D Wheat Penny is generally considered common, certain error coins, such as those with repunched mint marks or doubled dies, are sought after by collectors and can be more valuable.
How much is a 1956 D penny error list worth?
Great question! The repunched mintmark error can take the 1956 Wheat penny value within the range of $15 to $370. However, it is pretty valuable in auction, since it is sold at $1,000. The Double Die error was rather a inevitable error despite US Mint’s efforts. The error can appear on the obverse or the reverse.
How do I know if my 1956 penny is valuable?
Great question! The 1956 Wheat Penny is not considered particularly rare, but coins in uncirculated or pristine condition can be more valuable. What factors influence the 1956 Wheat Penny’s value? Condition, mint mark, and the presence of any errors or unique characteristics primarily determine the coin’s value.