1958 Wheat Penny Value: Price Chart by Grade & Mint

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.
• True die doubling is rounded and separated; flat, shelf-like doubling is machine doubling and adds nothing. The mint marks guide has side-by-side examples.

PCGS Price Guide values for 1958 cents (updated September 24, 2026, U.S. dollars, for coins certified by PCGS):

• 1958: $7 in MS63 RD and $18 in MS65 RD.
• 1958-D: $7 in MS63 RD and $17 in MS65 RD.

The 1958 coins that bring real money are the varieties and errors:

• 1958 Doubled Die Obverse (RD): $340,000 in MS64 up to $1,140,000 in MS65.

Philadelphia is the lowest-mintage 1958 issue (252,525,000 struck), so it is the mint collectors check first. Guide prices assume a certified coin; an uncertified, worn 1958 cent usually sells for less than the lowest figure above, often a few cents in bulk wheat-cent lots. RD means full original red copper, RB red-brown, BN brown; the color grade can multiply the price. How grade and variety turn into a number is explained in what makes a coin valuable.