SEVERAL pennies featuring first President Abraham Lincoln are quite valuable including one with a 1924 date.
Since first getting struck by the US Mint in 1909, there have been several designs of the Lincoln penny including the Wheat Ears, memorial cent, and the union shield on the reverse.
Typically, rare coins come with an error, low mintage, or a certain grade and condition.
To find out if your coins hold value, you can search the full name on eBay, click the "sold" listing, and then toggle the search to "highest value.”
It will give you an idea of the amount of money that the coin is going for.
Below we break down the 1924 Lincoln cent and why some might sell for hundreds – or even thousands.
READ MORE ON RARE COINS
What is the 1924 Lincoln penny?
The 1924 penny is a part of the Lincoln wheat ears series, which was designed by deceased sculptor Victor David Brennan.
In 1924, the following Lincoln pennies were minted:
- 1924 (no mintmark)
- 1924-D
- 1924-S
The D and S letters stand for the mint locations of Denver and San Francisco.
