The 1956 D Penny: A Wheat Penny with a Rare Date Mark
The 1956 Lincoln Wheat penny is a popular coin among collectors, particularly those interested in the "D" mint mark variety. This article will explore what makes the 1956 D penny special, why it's sought after, and how to identify one in your collection.
Why is the 1956 D Penny Special?
The 1956 D penny is unique because of its rarity. Unlike other years in the Wheat penny series, the 1956 D penny was only produced for a short period at the Denver Mint. This limited mintage makes it a desirable coin for collectors.
How Rare is the 1956 D Penny?
The mintage for the 1956 D penny is estimated to be around 20 million. While this may seem like a large number, compared to other years in the Wheat penny series, it's relatively low.
Identifying a 1956 D Penny
Identifying a 1956 D penny is straightforward. Look for the following characteristics:
- Date: The coin will have "1956" clearly inscribed on the obverse.
- Mint Mark: The "D" mint mark will be found directly beneath the date, indicating the Denver Mint.
- Wheat Design: The obverse features the Lincoln profile with the words "IN GOD WE TRUST" and "LIBERTY." The reverse features the Lincoln Memorial surrounded by wheat stalks with the inscription "ONE CENT" and "UNITED STATES OF AMERICA."
What Makes the 1956 D Penny Valuable?
The value of a 1956 D penny depends on its condition. Uncirculated coins, which show little to no wear, can fetch higher prices than heavily worn coins.
Factors Affecting the Value of a 1956 D Penny:
- Condition: As mentioned earlier, uncirculated coins are more valuable than heavily circulated coins.
- Rarity: The limited mintage of the 1956 D penny contributes to its desirability and value.
- Demand: The demand for this specific coin can fluctuate based on market trends and collector interest.
Tips for Finding a 1956 D Penny
Here are some tips for finding a 1956 D penny in your collection or in circulation:
- Check Your Change: Always look through your pocket change for this rare penny.
- Visit Coin Shops: Local coin shops often have a variety of Wheat pennies for sale.
- Attend Coin Shows: Coin shows are a great place to find coins from different eras, including the 1956 D penny.
- Online Auctions: Online auction websites can be a good source for finding rare coins, including the 1956 D penny.
Conclusion
The 1956 D penny is a valuable addition to any Wheat penny collection. Its limited mintage and unique characteristics make it a desirable coin for collectors of all levels. By understanding the coin's history, rarity, and condition, you can better appreciate its value and potential. Happy hunting!