12 facts about 1933 Lincoln Wheat Penny
Introduction: The 1933 Lincoln Wheat Penny, featuring the image of Abraham Lincoln on the obverse and two wheat stalks on the reverse, was part of a series of one-cent coins minted from 1909 to 1958.
Great Depression Era: 1933 was in the midst of the Great Depression, a time of economic hardship in the United States, which makes this coin historically significant.
Low Mintage: The 1933 Lincoln Wheat Penny has one of the lowest mintages of the entire series, making it a rare find.
No Mint Mark: Unlike some other years, the 1933 Lincoln Wheat Penny does not have a mint mark, indicating that it was minted in Philadelphia.
Composition: These pennies are composed of 95% copper and 5% tin and zinc, giving them their distinctive reddish-brown color.
Designer: Victor David Brenner designed both the obverse image of Abraham Lincoln and the reverse design of the wheat stalks.
Historical Significance: The 1933 penny serves as a small but tangible piece of history from a challenging period in American life.
Collectible Value: Due to its rarity and historical significance, the 1933 Lincoln Wheat Penny is highly sought after by collectors and can command a high price.
Counterfeit Concerns: Because of its value, the 1933 penny has been the target of counterfeiters, making authentication important for buyers.
Legal Issues: Owning a 1933 Lincoln Wheat Penny can come with legal complexities, as some coins were minted without authorization during a time.
Numismatic Literature: The 1933 Lincoln Wheat Penny has been the subject of numerous articles and books, adding to its allure among collectors.
Numismatic Legacy: This penny's legacy extends beyond its value; it represents a fascinating chapter in the history of American coinage and the resilience of collectors who are drawn to its story.