The Lincoln penny has been created for fine over 100 years, and is still being produced to this day. V that being said, the coin indigenous 1956 is much more valuable than the modern-day variety, and its value is ever-increasing. Being the the coin is no longer being produced, there has never to be a much better time than currently to obtain your hands on among these iconic piece of united state coinage.

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The obverse next of the 1956 Lincoln penny is overcame by the profile of Abraham Lincoln. Come the left the the President’s photo is a raised engraving which reads “Liberty.” the contrary the Liberty inscription is one that reads the 1956 year the minting. Finally, the expression “In God us Trust” is arching overtop the the obverse.

As because that the reverse side of the coin, the middle facet of the face is overcame by two raised engravings on optimal of one another. One of the inscriptions reads “United says of America,” if the other denotes the “One Cent” challenge value. Follow me the right and left outer edges the the reverse are two single stalks the wheat, which explains why the coin is sometimes dubbed the “Wheat Penny.” Finally, arching overtop of the reverse side is the Latin phrase “E Pluribus Unum.”

Grading the 1956 Lincoln Penny

As much as the 1956 Lincoln coin is concerned, collectors are only interested in those coins that have been graded. In short, grading is miscellaneous that requires having a expert look in ~ the problem of the coin and assign that an official grade. Below we will present you to the various coin grades as well as what these grades mean because that the appearance of the 1956 Lincoln.

Uncirculated: A coin the is determined to it is in of Uncirculated class is one that has actually never exchanged hands. Indigenous the job they were minted, these coins will have actually been maintained in a safe ar and, as such, avoided the damages typically linked with coins for this reason old. In a word, this coins look flawless.

Extremely Fine: Extremely fine is the grade offered to coins the look to it is in perfect, but have one or 2 minor flaws. Even if it is it is a small scratch or some various other tiny blemish, these coins will certainly be really lightly damaged. In countless cases, the damage existing on exceptionally Fine 1956 Lincoln pennies cannot also be seen through the nude eye an extremely easily.

Fine: A coin the is of fine grade is one that was circulated, yet not really heavily damaged. You will notice some irradiate scratching and also smoothing as a an outcome of the an altering of hands over the years, but every one of the increased imagery and lettering will be intact and visible through the naked eye.

Good: Good is the lowest, or worst, great a Lincoln penny deserve to receive. It is indicative that a coin that has been greatly circulated as well as heavily damaged. In numerous cases, the damage on these coins is so severe that several of the raised elements will have actually been worn away because of the consistent exchanging of hands this coins go through.

Pricing the 1956 Lincoln Penny

When it comes to determining the value of a 1956 Lincoln penny, this is something that deserve to be done quite easily if you take it a couple of different things into consideration. The very first factor that influences the value of the penny is the kind it is. Because there were up to 3 different types of Lincolns created each year, the type and its scarcity will assist determine the value. Secondly, the grade of the coin method everything as coins in an excellent condition will certainly be more valuable 보다 those that have been heavily worn. Listed below you will find a table listing the different values for coins offered their type and grade.

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Lincoln Pennies

1956 Lincoln PennyN/AN/A$0.12$0.15
1956 Lincoln penny (D)N/AN/A$0.12$0.15
Source: Red Book

All market Updates are noted as a third party analysis and execute not have to reflect the explicit views of JM Bullion Inc. And also should no be interpreted as financial advice.