The Lincoln penny is a one-cent penny that was made since 1909 at the 100th birthday of Lincoln. The front side of this side made by Victor David Brenner has a photo president and the back side has two wheat stalks that were used from 1909 to 1958. The reverse design of pennies changed from 1909 to 2008. With that, their composition also changes with time. Here we will discuss different parameters of features and other parameters. Let get started with the 1918 Wheat Penny Value.
Features of 1918 Wheat Penny
Obverse Design
The front side of the 1918 penny has a photo of Lincoln as president. The word LIBERTY is also mentioned and the mint marks 1918 on this side. The words IN GOD WE TRUST are also mentioned. The minting mark according to location also on the coins S or D.
Reverse Design
The back side design of the 1918 penny was made by Victor David Brenner and have two wheat stalks. The ONE CENT denomination is also on this side and the Latin Motto E PLURIBUS UNUM is added on this side and the country name is UNITED STATES OF AMERICA.
Some other features of the 1918 penny are.
- The composition is 95 percent copper and five percent tin and zinc mixture.
- The diameter is 19mm and the weight is 3.11 grams.
- 370,614,634 1918 pennies were made.
1918 Penny Value Chart
| 1918 Mint Mark values | Extremely Fine | Uncirculated | Good | Fine |
| No Mint Mark | $3 | $8 | $0 | $1 |
| D | $13 | $35 | $0.85 | $3 |
| S | $13 | $32 | $1 | $2 |
History Of 1918 Penny
The 1918 pennies are part of Lincoln pennies. it is called the Lincoln wheat penny since has two wheat stalks on the reverse. In 1909 on the 100th Birthday of the President Pennies started at demand of Rossow president. It is the first coin that photo person. Lincoln pennies are still made and have different designs that changed with time. In 1958 the Lincoln Memorial was added on the reverse side.
A total of 370,614,634 pennies were made in 1918 out of them 288,104,634 were 1918 no-mint mark wheat pence, 47,830,000 1918 D wheat pennies, and 34,680,000 1918 S wheat pence.
1918 No Mint Mark Penny Value
288,104,634 pennis made by P mint in 1918. These pennies were higher than other mintage so they are considered as less vlaue. Specially brown colors with low grades are less valuable
- Brown color pennies= $0.15 to $11
- MS state brown= 10 to 210 dollars
- Red-brown=$20 to $325
- Red toning= $80 to $960
- 1918 MS 67=$2,200 to $3,000
- MS68 = $55,000 to $65,000.
1918 no mint mark value for different grades and colors can seen here.
1918 RB penny value
- MS 63= $20 to $24
- MS 64= $45 to $70
- MS 65= $200 to $240
- MS 66= $275 to $325
1918 BN penny value:
- Good= $0.15 to $0.24
- Very good = $0.25 to $0.36
- Fine = $0.30 to $0.48
- Very fine = $0.50 to $3.12
- Extra fine =$3.50 to $5.76
- AU= $7.25 to $10.80
- MS 60 = $10 to $12
- MS 61 = $12 to $14
- MS 62 = $13.30 to $15.96
- MS 65= $175 to $210
1918 D Wheat Penny Value
47,830,000 1918 pennies were made with the D mint mark. it comes with different values based on grade and color.
- Brown penny low grade=$0.50 to $450.
- red-brown=$150 to $4000
- MS 67-rated 1918 D penny = sold in auction for $45600.
1918 S Lincoln Wheat Penny Value
The S mint made about 34.7 million pennies in 1918. The coins with S mint marks are collectible.
- Brow color for circulated condition= five dollars
- Premium grade 1= five dollars.
- VG15= 10 dollars
- VF25= 20 dollars
- MS60 brwon uncirculated= 110 dollars
- MS66= 3400 dollars
- Red and brown= 130 dollars MS60
- MS66 red and brown= 5000 dollars
- Red color MS60= 225 dollars
- MS65+ red color= 33000 dollars
Different 1918 Penny Error List
1918 Penny Lamination Error
This error comes when any outer objects’ dust particles come on planceht in the striking process and make a mark on the surface. Coin with this error can be thousands of dollars in excellent grades.
Off-Center
During striking the design of coins was not added accurately on the coins and shifted from center. The value of a coin is based on the design percent age off center. Fifty percent off-center can be hundreds of dollars.
- 5 to 10 percent 20 dollars to 30 dollars
- 50 percent off center =hundred dollars
Penny, Struck Nine Times
In some cases, coins do not come from the press when striking is completed. So it gets another strike or more in the press. There is one penny that got 9 strikes of P mint in 1918. This penny has a large number of wear and is brown. it was sold for 2000 dollars in auction.
Read Also:
- 1903 Indian Head Penny Value, Red”, “Brown” Worth Money?
- 1994 Penny Value, Chart, Error , History & Mint Mark
- 1995 Quarter Value, Errors, Types, Features,“D”, “S” & “P” Mint Marks
- How Much is 1939 Penny Value: “D”, “S”, No mint mark?
- 1977 penny no mint mark was told it is worth about 500
- 1965 Penny Value: Are No Mint Mark Worth Money?(Price Chart, Error List)
What is the most expensive Lincoln penny?
From 1909 and onwards pennies were made with copper and then the composition changed to steel in 1943 during World War 2. Bronze pennies were made and 1944 pennies were rare.
- 1943 D bronze Lincoln pennies sold for 840000 dollars in 2021.
- 1943 steel coin sold for $408000.
How Much Is A Penny From 1918 Worth Today?
| Mint Mark | GOOD | UNCIRCULATED |
|---|---|---|
| 1918 Lincoln Penny | $0.20 | $8 |
| 1918 Lincoln Penny (D) | $0.75 | $35 |
| 1918 Lincoln Penny (S) | $0.50 | $32 |
How many 1918 pennies were made?
| Mint Mark | Quantity | Penny type |
| Not mint mark | 288,104,634 |
1918 No Mint mark wheat penny
|
| D | 47,830,000 |
1918 D wheat penny
|
| S | 34,680,000 |
1918 S wheat penny
|
| Total | 370,614,634 |
How much is a 1918 D penny worth today?
Where is the mint mark on a 1918 penny?
The mint mark on the 1918 penny is on the front side close to the minting date. The mint mark can be seen as D, or S, and no mint mark for Philadelphia mint.
Which 1918 penny is worth the most?
- 1918 MS 68 RD Lincoln wheat penny =$55,200 sold in 2022
- 1918 D MS 67 RD Lincoln wheat penny =$45,600 sold in 2019
- 1918 S MS 65 RD Lincoln wheat penny =$37,950 sold in 2007
- 1918 D UNC Details BN Lincoln wheat penny = $1,205 sold in 2021
- 1918 MS 66 RB Lincoln wheat penny = $750 sold in 2021
- 1918 S MS 66+ RB Lincoln wheat = $7,200 sold in 2019
- 1918 D MS 66 RB Lincoln wheat penny= $4,620 sold in 2018
- 1918 S MS 66 BN Lincoln wheat penny = $2,760 sold in 2009
- 1918 F 15 BN Lincoln wheat penny sold for $2,070 in 2009
How much is a 1918 wheat penny worth with no mint mark?
The value of a coin based on conditon low grades coins can be $0.15 to $210, and a high grade with a red ton can be $55,000 to $65,000 in an MS 68 grade.