Harry S. Truman served as the United States president during the year when the 1952 D Wheat PENNY was created, and at the end of that year, Dwight D. Eisenhower was about to take office. The movement for civil rights was also gaining strength, and little steps toward equality were being taken.
You must know the appearance of the coin to estimate the 1952 Penny's value accurately. The preservation, potential defects, and wear-and-tear indicators will affect how it costs. A 1952 D Wheat Penny in ordinary condition is worth 15 cents, whereas one in mint condition is worth roughly $5.00.
Coin collecting was becoming more popular as a pastime and an investment plan on the scientific front. Midway through the 1950s, the public's quest for rare rolls of 1950-D Jefferson Nickels sparked a coin-collecting fad.
Key components are essential to the value of a 1952 cent. Recognition of the Mint Mark and an accurate assessment of condition. Wheat pennies with minor wear are becoming collectible. Using the methodical approach to identify: On the chart, Mint Mark, Date, and Condition reduce the value range.
Dates and mint marks are used to classify old wheat pennies. The decision to add coins to a collection is heavily influenced by consideration of condition. Wheat pennies, from Uncirculated to mildly used, are attractive to collectors of all generations.
Branch mints marked the coin to indicate where it was produced. Your coin's grade can be determined by comparing its state to examples of wear corresponding to that grade. The explanations that highlight the areas of attention make it possible to identify each level of wear.
The figures show that the yield of all three wheat cultivars was high in 1952. The capacity for striking cents was 71 percent. For a premium value, like in previous years, search for the San Francisco mint variety. In 1952, Philadelphia struck 186,856,980 pennies.
They are considered to be rare. A 1952 penny often has moderate wear, with a brown tone covering all design details. Remnants of original red inside the inscription indicate a coin kept aside earlier, avoiding widespread use. Coins with appealing qualities are always in demand among collectors.
1952 Wheat Penny
Since 1909, when the Indian Head cent was replaced, the U.S. Mint has been minting the Lincoln Wheat Penny. The mint produced about 37 billion Wheat pennies by 1952. The Indian Head nickel's creator, James Earl Fraser, also came up with a fresh look for the Lincoln penny.
The newly updated penny, unfortunately, was never used, and the mint only produced pattern pieces. Until 1958, the mint produced Lincoln pennies with wheat ears on the back. The mint modified the coin's reverse in 1959 to include a rendering of Frank Gasparro's Lincoln Monument in Washington, DC.
The Lincoln Monument reverse was used for fifty years before the Lincoln Bicentennial set of reverse drawings was introduced by the mint in 2009. This commemorative coin circulated for one year before being replaced in 2010 by a Lyndall Bass reverse design with a large shield. The currency was made for the first time in 1909 and weighed 3.11 g.
Its composition was 5% zinc and tin and 95% copper. The U.S. government modified the content to 100 percent steel with a light zinc coating for one year in 1943. As a result, the weight drops to 2.7 g. The war effort, which aimed to provide the military with much copper, made this move necessary.
Tin was eliminated from the composition in 1944 but was added back in 1947. The mint modified the coin's composition in 1982 to a core of 0.8% copper and 99.2% zinc with a thin plating of pure copper due to the rise in copper prices. The weight of the coin in its present form is 2.5 g.
In 1952, Wheat pennies were produced by the United States Mint in three distinct locations: San Francisco, Denver, and Philadelphia. That year, these factories produced tens of thousands of wheat pennies. Although these numbers seem enormous, the mint had time to produce high-quality coins with excellent strikes that are simple to locate.
Additionally, this date's planchets are of excellent quality. Coin grading is among the quality evaluations used to establish a coin's worth. The issue is that determining the coin's grade is an exercise in opinion rather than science. However, numismatists have settled on particular standards that aid in assigning a value to the coin.
A scale from 1 to 70 is used to rate Lincoln wheat pennies. Whereas 1 represents a heavily used specimen that is hardly distinguishable, 70 represents a flawless specimen of the coin.
1952 D Wheat Penny Value
The preservation, potential defects, and wear-and-tear indicators will all affect how much it costs. You will also see that numismatists organize their coin collections by mint mark and date of issuance.
Since these coins were made about 150 years ago, they are different in how they look. The most desirable are those that have never been in circulation, as one might anticipate. These coins are more commonly referred to as "Lincoln pennies" because the obverse features an image of Abraham Lincoln.
The first coins were created in 1909 and measured 0.07 pounds, had a diameter of 0.75 inches, and a thickness of 0.06 inches. The 1952 Lincoln cent is among the most sought-after collectors in the popular Lincoln's penny series. The obverse's middle portion is dominated by Abraham Lincoln's profile, which features eye-catching embellishments.
The coin that received this rating had signs of previous use and handling. Even though such damages are difficult to notice or undetectable to the unaided eye, they negatively impact coin quality. This grade of Lincoln cent was in use for a very long time; as a result, you will see damage to the relief and scratches on the coin's surface.
Lincoln's profile, the corners of his jaw and cheekbones, and the grains on the coin's reverse all show signs of weathering. A high-grade coin is worn out after being used for so long. The inscriptions on the coin's surface might occasionally be so thin that they are difficult to see.
The most expensive 1952 wheat penny ever sold is a Philadelphia issue graded Mint State-67 Red by Professional Coin Grading Service. It is a flawless penny with its original color and appears as new as the day it was produced. $9,775 was the highest price ever paid for this coin.
1952-D Wheat Penny Error Value
Errors on 1952 pennies come in various forms, such as doubled dies, off-center strikes, repunched mintmarks, and other curiosities. The most valuable error value is the 1955 doubled die penny, which is well known. However, not every doubled die pennies are extremely valuable.
The rarity of the variety and the level of collector demand for it greatly determine the value of doubled die coins. Although 1952 doubled die pennies are not typically as sought-after, it does not mean they are not still worth seeking. Fewer collectors are aware of them, so many of these rare coins are much rarer than 1955 doubled die penny.
The 1952 repunched mintmarks are from $1 to $5. Die-broken 1952 pennies cost $3 to $5 or more. Other 1952 cent errors that appear to have remarkable value vary based on error size and market demand.
We have shown that not all 1952-D Wheat Pennies have survived to the present despite how widespread pennies are. Reviewing these tiny coins as a hobbyist can be intriguing in case we come upon a great specimen around our houses, or even more, some odd error that might be collected or sold. Due to their inexpensive cost in the lower grades, pennies are frequently a suitable initiation to collecting for both young and old.
Shawn Manaher loves to play with new toys and dive into new hobbies. As a serial entrepreneur, work definitely comes first but there is always room for hobbies.