What do the markings on a wheat penny mean underneath the date?

Here is a 1941 Wheat Penny with a “D” underneath the date:

 

And a 1924 wheat penny, also with a “D” under the date:

And here is a 1970 penny, NOT A WHEAT, with an “S” under the date:

 

All of those letters are Mint Marks, indicating where the coin was produced.

Mint marks that appear on US coins include:

  • C: Charlotte (Gold only, 1838-1861)
  • CC: Carson City (1870-1893)
  • D: Dahlonega, Georgia (Gold only, 1838-1861)
  • D: Denver (1906 to date; easily distinguishable from Dahlonega because of the different timeframes in which the mints operated)
  • O: New Orleans (1838-1909)
  • P: Philadelphia (Silver “Nickels” 1942-45; Dollar coins 1979 to date; other coins except cents 1980 to date. Although the Philadelphia mint has been operating continuously since 1793, most Philadelphia coins do not have a mintmark)
  • S: San Francisco (1854 to date. Now mints collector coins only. The last circulating coin to bear an ‘S’ mintmark was the 1980-S SBA Dollar)
  • W: West Point (1983 to date; collector coins only)

(This list and a complete history of mint marks available from the Heritage Auctions Website).  Link will open in new tab.

Pennies without any mint mark were produced at the primary production plant (“ US Mint”) in Philadelphia. When collecting pennies, it is typical to have one from each mint for every year.

history of the us mint ans it's coinage, Amazon

History Of The United States Mint and Its Coinage, from Amazon Books

US Coins 2017

A Guide Book of United States Coins 2017: The Official Red Book, Spiralbound Edition, from Amazon Books

Here is my list that I use when going through my Pennies (I put them in a jar at the end of the day, and sort through them every once and a while; sometimes you find some “keepers”)! Tip: If you click on it, the image will open in a new page, and you can print it, to keep near the penny jar!

printable penny watch list

And when you find some collectible pennies, just wipe any dirt off them with  special coin cleaning cloth (an old sock), and put them in a “flip”, coin book or folder.  If you want to get a child or teenager into collecting, you can get them a whole kit from Amazon or eBay.

Pennies are a little more complicated than they seem, for what we know as common pocket change!

And that is why you are reading: “Pocket change Riches”.

I hope you found my point of view enlightening and informative.  Consider sharing it!
The Last Word:

Is there a special term for a blank coin, before the image is struck?

Planchets ready for minting

Definition: planchet is a prepared disc-shaped metal blank onto which the devices of a coin image are struck or pressed. The metal disc is called a blank until the time it passes through the upsetting machine which causes the rim to be raised. Once it has a rim, the disc is called a planchet.

The phases of a coins beginnings!

When referring to ancient coins, and coins which were made from cast metal discs rather than machined metal discs, the generally preferred term is flan.

 

There are really no hard and fast rules about the usage of these terms in ancient coin collecting, and you will sometimes hear ancient coin blanks referred to as “planchets”, even though they were made from cast metal.    In modern machine-made coinage, the distinction is very clear: the disk is a stamped metal “blank” before getting the rim, and a “planchet” afterwards. A coin that is ready to be stamped is a “Blank” or a “Slug” – From What is a Planchet? from About.com


When the coin is struck improperly, and gets into circulation – the resulting coin is usually prized by collectors as a Mint Error,  and may be very valuable.
Example of Mint error – US cent struck off-center.
Whenever you empty your pockets, check your change – you never know what riches are passing through your pockets!
I hope you found my point of view enlightening and informative.  Please share and repost!  Thank you!
The Last Word:

How much are US wheat pennies (Lincoln cents) worth?

Wheat pennies are fun to find in your pocket change
Image result for value of wheat pennies
These websites will guide you to the specific values of different years and grades of wheat pennies:


Lincoln Pennies (1909-1958) – JM Bullion
Wheat Pennies (1909 to 1956) Values – Cointrackers
Find Out How Much Is Your Lincoln Wheat Penny Worth? – The Spruce

If you sort your coins, you can collect pennies in many forms:

Lincoln Wheatback Cents Album, 1909-1958 P, D & S (Cornerstone Coin Albums)1c Lincoln Wheat Cent Penny Album/Book/Kit & 200 Random Coins Included #53303^
Lincoln Wheat Penny Starter Album Collection Kit; Great for Beginner CollectorsBCW Peel-N-Seal Self-Adhesive 2x2 Coin Flips for Pennies 100ct
Wheat pennies, because of their minted volumes, are easy to collect and fun.  Kids like them, because they can understand the value of a penny.  
 
You can even buy Wheat Pennies on-line if you don’t have any, or need specific years:
 
coin collecting does not have to be fancy.  A cardboard box or a cigar box, a magnifying glass, and an old sock (to wipe any fingerprint oil or dirt off the coins) is almost all you need.  You can almost feel history when you hold a 100 year old coin in your hands!
Coin Collecting - Newbie Guide To Coin Collecting: The ABC's Of Collecting - Including Gold, Silver and Rare Coins: What Every Investor Must Know
Thank you for reading my blog – I hope you enjoy it and find it informative! – Feel free to share!

 
The Last Word: