1958-P (Philadelphia) Lincoln Cents - Wheat Reverse

Coin / United States of America / 1958 / Philadelphia / Lincoln Cents - Wheat Reverse / 1¢ (One Cent, Penny)

The coin in question is a 1958 Lincoln Cent with a Wheat Reverse, minted at the Philadelphia Mint, denoted by the 'P' mint mark. This one-cent piece, often simply referred to as a penny, is part of the iconic Lincoln series that pays tribute to the 16th President of the United States, Abraham Lincoln. Produced in a staggering mintage of 253,400,652, this particular coin is made from bronze and has a weight of approximately 3.11 grams. It features a diameter of 19 millimeters, making it a standard size for U.S. cents of its era. The Wheat Reverse design, which showcases two ears of wheat flanking the words "ONE CENT," adds historical context, as this design was used from 1909 until 1958, when it was replaced by the Lincoln Memorial reverse. The 1958 Lincoln Cent is considered part of a significant transitional period in American coinage, as it marks the end of the Wheat design. While the coin is readily available due to its high mintage, its condition can greatly influence its market value. Depending on the grade—from well-worn examples to pristine uncirculated specimens—values can vary. In higher grades, the coin can attract collectors and numismatists alike, as it represents the final year of a beloved series in American numismatic history.