Description
Stock Photo: Coin you receive will be equal or better in condition.
value of a 1917-P Lincoln Wheat Penny
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Average Condition: Approximately $0.73.
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Uncirculated (MS+) Condition: Ranges from $22 to $37 or more.
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High-Grade Examples: Can be worth $10,000 or more for rare varieties like the 1917-D or 1917-S pennies.
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Specific Errors: The 1917 doubled die obverse can be worth around $200 and up in circulated grades.
Numbers Minted
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Philadelphia Mint: Produced 196,429,785 pennies.
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Denver Mint: Produced 55,120,000 pennies.
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San Francisco Mint: Produced 32,620,000 pennies.
Common Errors
The 1917 penny features several notable errors, with the most significant being the Double Die Obverse (DDO) and off-center strikes, which can greatly increase their value among collectors.
Common Errors in 1917 Pennies
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Double Die Obverse (DDO):
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This is the most famous error associated with the 1917 penny. It occurs when the coin die is improperly manufactured, resulting in a faint second image on the coin. The doubling is most noticeable in the inscriptions “In God We Trust” and the date “1917.”
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Value: DDO pennies can be worth from $150 in circulated condition to over $3,000 for uncirculated pieces. A notable sale in 2021 saw a DDO penny sell for $7,200.
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Off-Center Strikes:
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This error happens when the coin planchet is not struck in the exact center, leading to part of the design being cut off. The degree of off-center can vary, affecting the coin’s value.
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Value: Off-center 1917 pennies can range from $10 to $20 for minor errors (5% to 10% off-center) to hundreds of dollars for more significant errors (25% or more off-center).
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Die Cracks and Cuds:
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These errors occur when there are cracks in the die that strikes the coin, resulting in raised bumps or bulges on the surface of the penny. Minor die cracks can be worth around $3 to $4, while significant die cuds can fetch $150 or more.
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Repunched Mintmarks:
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This error occurs when the mintmark is stamped multiple times, leading to overlapping impressions. These can be worth between $5 to $20 depending on the visibility of the error.
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