1956 Lincoln Wheat Pennies
With more than 1.5 billion Lincoln wheat penny coins struck during the year, 1956 goes down as one of the most common of all years for Lincoln wheat cents. A mintage breakdown shows 420,745,000 were struck at the Philadelphia mint and 1,098,201,100 were produced by the Denver mint. In fact, 1956 pennies are so common that they are actually one of the most likely issues of wheat cent to be found in circulation to this day.
Because of their prominent nature in terms of sheer number of pennies made in 1956, there are numerous opportunities out there for collectors who want a bargain. You can buy a whole roll of uncirculated 1956 pennies for as little as $3 to $5 in most cases, which gives you, the collector, a chance to cherrypick for ultra-grade specimens or perhaps undocumented or obscure varieties. In light of the fact that 1956 pennies still show up in circulation on an occasion, you have the chance to pick one of these obsolete coins up for face value. Or, you could just pay 5 to 10 cents to buy an example from a coin dealer. It’s your call!
The only significant variety of 1956 Lincoln cent aside from the Philadelphia and Denver issues is the 1956 proof cent. 669,384 were manufactured, and they are therefore relatively inexpensive to purchase, at about $5 each.