1958 Wheat Penny Value: What Is It Worth in 2026?
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 1958 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)1958 wheat penny no mint mark value
If your 1958 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 1958 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 1958-D version (with a letter under the date) is a different coin — check the related links below if yours has one.
The 1958 penny: the last wheat cent — and a six-figure error
1958 closed out fifty years of the wheat penny design before the Lincoln Memorial reverse arrived in 1959. Philadelphia struck 252,525,000, so the regular issue is common: face value worn, around $1.25 in MS-63. Its 'last year of the series' status makes it a natural anchor for date sets, which keeps steady collector demand for nice uncirculated examples.
The famous exception is the 1958 doubled die obverse — one of the rarest major doubled dies in the entire Lincoln series, with only a handful known and six-figure auction prices. The doubling is dramatic and visible to the naked eye on the date and lettering. Be realistic, though: essentially every 1958 penny found in circulation is the regular issue, and minor machine doubling is worthless.
If you believe you have the doubled die, do not clean it and do not sell it casually — professional authentication is mandatory at that value level. A regular worn 1958, meanwhile, is best kept as the final page of a wheat penny year set or sold in bulk with other commons.
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.