The 1956 Lincoln Wheat Penny is a beloved coin among collectors, known for its historical value and rarity.
Minted by the U.S. Bureau of the Mint, it features Lincoln's profile and distinctive wheat ears on the reverse.
Two mint locations: Philadelphia (no mint mark) and Denver (D). Denver coins are generally more valuable.
Condition is key: 'Uncirculated' coins fetch higher prices than those with wear from circulation.
Special varieties, like the 'Doubled Die' error, can significantly increase a coin's value.
Average value ranges from a few cents for circulated coins to thousands for rare mint errors.
Proof coins were also minted in 1956 and are sought after for their sharp details and mirror finish.
Collectors often use the Sheldon Scale, from 1 to 70, to grade the condition of their coins.
To maintain value, store your 1956 Wheat Pennies in a cool, dry place, away from sunlight and chemicals.