1916 Lincoln Wheat Penny — Coin Value
Lincoln Wheat PennyWhat the 1916 Lincoln Wheat Penny is worth — ungraded vs graded (MS62 / MS66).
1916 Lincoln Wheat Penny value — Ungraded $24 · MS62 $32 · MS66 $765. Prices updated August 2026.
Real sold prices per grade — the MS66 premium on this card is 31.9× raw.
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Which version do you have?
For the cheapest way to own a 1916 Lincoln Wheat Penny, buy the Standard version for $8. The PROOF version at $1637 offers superior mint quality and presentation, appealing to serious collectors. If your goal is simply to acquire the coin, the Standard is the clear choice. However, if you value high-grade condition and investment potential, the significant premium for the PROOF is justified.
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Price data verified against · 1
Item details
- Series
- Lincoln Wheat Penny
- Year
- 1916
1916 Lincoln Wheat Penny value
A raw (ungraded) 1916 Lincoln Wheat Penny runs around $24, a certified MS62 about $32, and a high-grade MS66 commands $765.
What drives the price
Grade, mint mark, strike quality, and key dates drive coin value. Certified (slabbed) coins carry a premium over raw; low-mintage years and full-strike examples appreciate the most.
Price guide
What this actually trades for — sold values by condition vs. what sellers are asking today
| Condition | Value | Based on |
|---|---|---|
| Ungraded | $24 | eBay sold comps |
| MS62 | $32 | eBay sold comps |
| MS66 | $765 | eBay sold comps |
Frequently asked questions
- What is the starting value for an ungraded 1916 Lincoln Wheat Penny?
- An ungraded 1916 Lincoln Wheat Penny starts at a value of $8.
- How much is an MS66 graded 1916 Lincoln Wheat Penny worth?
- A high-grade MS66 1916 Lincoln Wheat Penny is valued at $780.
- What is the price difference between MS62 and MS66 for this coin?
- An MS62 version is valued at $32, significantly less than the $780 value of the MS66 grade.