1916 Wheat Penny

The 1916 version of the Wheat Penny is worth on average $425.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $1.00. If the coin has an error, or is certified, this will further add to its appeal and raise its price numismatically speaking.


  • Year: 1916
  • Mint: No Mint Mark
  • Type: Lincoln Wheat Cent
  • Mintage: 131,833,000
  • Metal: 95% copper 5% tin
  • What's it worth?: $425.00 to $1.00

1916 Wheat Cents come in 3 main flavors. A red (RD), A red brown (RB), and a brown (BN). The most valuable is the RD or Red. This color designation is most accurately designated by a third party.

The 1916 Lincoln Wheat Penny is not really considered rare, but if found in MS condition with a color like RD or RB it certainly will be valuable.

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Check out the price chart for the top coins in this series. Prices based off high-end conditions that have been certified.

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Common Questions

The mint mark is located on the right under the date. If no mark is present the coin was produced at the Philadelphia mint.

Mint Mark

The 16th president of the United States President Lincoln is on the front of the Wheat Cent. The Penny is the first widely distributed coin to feature an American President. Previously coin faces were reserved for Kings, Queens, and Royalty.

Wheat Penny

The Wheat Penny has a weight of 2.5 g.