For far over 150 years, the penny has been created in one form or another. The Lincoln penny, one of the most well-known coinage editions, was produced for a considerable amount of time. The 1952 S wheat penny value is especially prized among collectors, but as time goes on, finding one is getting harder and harder.
So, let's get started and discover the 1952 wheat penny value without further delay.
The Lincoln cent, also known as the Lincoln penny, took the place of the Indian Head cent. It was the first U.S. coin to feature the portrait of a real person, specifically a president.
The concept of featuring a real person's portrait on a coin was undoubtedly a significant departure from custom. Traditionally, this kind of thinking was seen as monarchical and inimical to American ideals.
The addition of the Lincoln cent to American currency was made possible in large part by President Theodore Roosevelt. In 1904, he suggested a new design for the Treasury and United States Mint , specifically for the four gold coins and the Indian head cent.
The five coins were designed by Augustus Saint-Gaudens, a private artist hired by the Mint. Before he could submit the final design for the cent, Augustus passed away from cancer in 1907, despite having successfully finished the designs for the four gold coins.
Roosevelt went back to the cent by 1908, the year the designs for the four gold coins were finished. With President Abraham Lincoln's 100th birthday celebration approaching in February 1909, Roosevelt decided it would be appropriate to honor the popular president who had been assassinated on a coin.
The Mint hired Victor David Brenner, a sculptor, to finish up the cent's redesign at the president's request, replacing Saint-Gaudens.
The moniker Wheat Penny/Cent comes from Brenner's basic front design, which features Abraham "Abe" Lincoln, and a similarly plain reverse design that features two wheat years.
The wheat penny was produced by the Mint from 1909 to 1959. Up until 1982, when the high price of copper compelled a composition change to a zinc core and a copper-clad coating, this coin was initially struck in copper.
The Lincoln Memorial, created by sculptor Frank Gasparro in honor of Abraham Lincoln's 150th birthday, took the place of the wheat penny design.
Now let's examine the features of the wheat penny from 1952. These characteristics can assist you in determining the 1952 wheat penny value.
You can see that Abraham Lincoln is depicted in exquisite detail in the center of the 1952 Lincoln's obverse side. Lincoln's picture has a raised plaque that says "Liberty" right next to it. A 1952 year of minting inscription is located across from this one. The words "In God We Trust" arch above the obverse.
The 1952 Lincoln penny's reverse side has two raised inscriptions rather than any images in the center. "United States of America" is written in the first raised inscription, while the face value of "One Cent" is indicated in the second. The coin is commonly called the "Wheat Penny" because it has two solitary wheat stalks running along its left and right borders. Lastly, the opposite is arcing over the Latin phrase "E Pluribus Unum".
Examine each of your wheat pennies carefully to distinguish its condition and date from the average. Observe a three-step procedure.
The three main components of value are condition, date, and mint mark.
Step 1: Examine the dates and find the mint marks. Coins were marked by branch mints to identify their manufacturing.
Step 2: Examine your coin's condition against pictures that correspond to the degree of wear that determines its grade. The descriptions that indicate areas of attention help identify each stage of wear.
1952's coinage is summed up by the high production of all three variants of wheat cents. Consisting of 71% of capacity, it was struck by pennies. As with every year, if you're looking for a premium value, go for the San Francisco mint variety.
One of the quality metrics used to estimate a coin's value is by coin grading. The problem is that grade determination is more of an art than a science. Numismatists, however, have come up with a set of standards that help assign value to a coin. Grading on Lincoln Wheat Coins is done on a scale of 1-70. Whereas 70 is completely brilliant and gem-like, 1 will be a much-worn specimen that is barely recognizable. You can grade your Lincoln Wheat Penny accurately if you take the time to study the guidelines.
The value of a 1952 Wheat Penny can vary greatly, with some of the highest-valued coins on the market currently fetching as much as $10,000. The colors of the Wheat Penny range from red to brown-red to brown. Coins of the Full Red color usually fetch a higher price than those in other colors. Beautiful coins like the 1952-S Wheat Penny value may enhance any collection. For those who want to spend only a few hundred dollars building a circulating-grade coin collection, the Wheat Penny series is a cost-effective option.
As a result of the massive production volume of Lincoln cents, it is inevitable that certain errors may occur. Numerous die variations exist, such as the 1943 copper pennies and the well-known 1955 Lincoln cent double die obverse. But just one popular die type in the Lincoln Cent series was produced in 1952: the 1952-D D/S Re-Punched Mint Mark (Catalog ID: FS-511). Under the "D" mint mark on this variant, there is a faint trace of an "S". There is a small premium for this variety compared to a non-variety specimen.
The wheat penny, including those struck in 1952, appears brown or reddish-brown when it is in circulating condition. Completely red ones are uncirculated. The edge of this coin is plain. It weighs 3.11 grams and has a diameter of 19.00 millimeters.
It was known at the time that President Theodore Roosevelt was planning to look for new designs of currency, more artistically pleasing. Brenner was chosen on the merits of a plaque that he had prepared showing Lincoln's likeness. The Wheat Penny bears Abraham Lincoln in a bust and profile on the obverse.
In general, a 1952 wheat penny is worth between $0.05 and $0.35, which is its face value. On the other hand, if your wheat penny is flawless, has a high shine, frosted surfaces, radiates light, and has no faults, it might be worth something. In the 1952 wheat penny series, a piece like this would be classed as a cameo or deep cameo wheat penny, both of which are incredibly rare.
This wheat penny from 1952 represents a great historic significance and for collectors, in particular. The 1952 wheat penny value can be a few cents or be worth thousands of dollars depending on the condition, mint mark, or errors. Whether you are an advanced numismatist or have just recently begun collecting, interest in the history, design, and grading of the 1952 wheat penny will help you appreciate it better and perhaps bring you that treasured find. Happy collecting!
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