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How can I determine the value of a collectible coin, 1956 penny?

I have a 1956 penny and would like to learn the value of it.

asked by lacy (97)

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Tags:  collecting  money  value

answers

You could take your penny to a local coin dealer and ask for a valuation. Or your local library probably has a book about the values of collectible coins.

reply
posted by Lilly28 (19)
7 votes

Usually pennies from this age range that have been in circulation will be worn a good bit. From my research the penny should be worth approximately 5-10 cents depending of course on its condition.

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posted by jeff24 (49)
7 votes

Wheat pennies are generally worth 3 x their face value or. 03. You can check with a local coin dealer or possibly on ebay if yours is worth more.

7 votes

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