1958 Penny (Lincoln Cent): Mintage & What to Check

In 1958 the U.S. Mint struck about 1.05 billion Lincoln cents for circulation: Philadelphia 252.5 million, Denver 801.0 million. That is 21% fewer than 1957. Among the 117 years from 1909 to 2025, 1958 ranks number 77 by total mintage (1 = most coins made), so it is a mid-range date for availability. The scarcest 1958 issue by mintage is Philadelphia (252,525,000); the most common is Denver (800,953,300). Within the 1950s, 1958 ranks 6 of 10 years for mintage; the decade's high was 1959 (1.89 billion) and its low was 1954 (419.4 million). Mint by mint: Philadelphia fell 11% from 1957; Denver fell 24% from 1957. Proof cents for collectors: 875,652 from Philadelphia.

The mint mark, if any, sits under the date on the front of the coin. A 1958 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 1958 circulation cents are D (Denver). Proof cents for 1958 were struck at Philadelphia with no mint mark; they have mirror-like fields and came from collector sets, not from circulation.

• 1958 is the last year of the wheat reverse. A 1958 doubled die obverse exists but only a handful are known; nearly every '1958 doubled die' offered online is machine doubling.
• From 1918 onward the initials V.D.B. sit in tiny letters on the truncation of Lincoln's shoulder on the obverse. They are normal and do not add value; they are simply a way to confirm the coin's era.
• Wheat cents were struck in bronze (3.11 g) except for 1943. Genuine coins show a plain edge and a slightly lighter, more reddish colour than modern zinc cents when uncirculated; a brown, evenly worn coin is the normal state for this era and is not damage.
• For any 1958 cent, check three things before anything else: that the date and mint mark are fully readable, that the surfaces have not been cleaned (unnatural brightness, fine parallel scratches), and whether any doubling on the lettering is true die doubling (rounded, separated) rather than flat machine doubling.

What a 1958 cent is worth depends on three things in this order: the variety (a recognised doubled die or transitional error is worth far more than a normal coin), the mint (Philadelphia is the lowest-mintage 1958 issue), and the grade (an uncirculated coin with original red colour is a different market from a worn brown one). A normal, circulated 1958 cent from the most common mint is an available coin; published price guides from grading services list values by grade and variety, and they change over time. This page does not give prices. To get a reference range for the exact coin in your hand, photograph both sides in even light and let the app read the date, mint mark and visible varieties first.