1957 Wheat Penny Value: What Is It Worth in 2026?

Mintage: ~283 million struck
Estimated value · Source: USACoinBook price guide (updated Feb 2026)
1957 Wheat Penny
Mint: Philadelphia (no mint mark)
Keep it

Common date: not worth selling one by one. Keep it for your collection, or bundle it with other wheat pennies by the roll or bag.

Value by condition

Good (G-4, heavily worn)
Very Good (VG-8)
Fine (F-12)$0.06
Very Fine (VF-20)$0.12
Extremely Fine (XF-40)$0.14
About Uncirculated (AU-50)$0.18
Mint State (MS-63, uncirculated)$1.24

A 1957 Lincoln Wheat Cent struck at the Philadelphia (no mint mark) mint — a final-years issue with huge surviving supply, often collected by the roll or bag.

See the full page for this coin (mintage, how to identify it, where to sell)

1957 wheat penny no mint mark value

If your 1957 penny has no letter below the date, nothing is missing and nothing is wrong — it was struck at the Philadelphia Mint, which did not mark its cents. "No mint mark" and "P" are the same coin, so the price table above is exactly the one to use.

In worn condition a 1957 Philadelphia cent trades close to face value — dealers sell them by the roll. Uncirculated examples with original red luster are where the value lives: around $1.24 in MS-63. The 1957-D version (with a letter under the date) is a different coin — check the related links below if yours has one.

The 1957 penny: common date, condition is everything

By 1957 the wheat penny series was near its end, and mintages were enormous: Philadelphia made 282,540,000 and Denver over a billion more. A worn 1957 penny is worth one cent, full stop. This is a pure condition play — the entire value sits in uncirculated coins, around $1.25 in MS-63 and meaningfully more for full-red gems.

Two things are worth a look before you spend it. First, 1957 has a recognized doubled die obverse (FS-101) with visible doubling on the date and lettering — it carries a premium over the regular issue, though nothing like the famous 1955. Second, 'BIE' errors: a small die chip between the B and E of LIBERTY makes the letters read like 'BIE'. These die-break varieties are a popular collecting niche and bring a few dollars each.

Because the regular issue is worth so little, 1957 cents are best kept as part of a year set or sold in bulk lots. If you think you have the doubled die, compare it against certified photos on PCGS CoinFacts before paying for grading — the premium has to cover the grading fee to make sense.

How to confirm it's genuine

  • The mint mark sits directly below the date — no letter means Philadelphia (P). A magnifier with light at a 45° angle works best.
  • Never clean the coin: cleaning destroys the original surface and can cut the value in half.
  • For any coin worth more than $200, PCGS/NGC grading fees (~$20–50) are money well spent.

Where to sell this coin

  • eBay works best in the $1.00$200 range. Take clear photos of both sides in natural light, and put the year, mint mark, and approximate grade in the title.
  • A local coin dealer is the fastest way to cash out, but expect 60–70% of guide prices. Best for selling common dates in bulk.
  • Graded high-value coins do best at auction houses like Heritage Auctions or Stack's Bowers, where realized prices are public.

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