The 1958 penny error list features valuable varieties from the final year of the beloved wheat cent design. These coins hold special significance as the last wheat pennies ever minted before the Lincoln Memorial design debuted.
Accurate identification is crucial for coin collectors seeking hidden treasures. A seemingly ordinary 1958 penny could contain errors worth significant money.
Many valuable errors hide in plain sight among common coins. Coin scanner apps like CoinKnow can help you identify these errors instantly, provide professional grading, and determine accurate market values.
Here's everything you need to know about 1958 penny errors and their current values.
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Rare 1958 Penny Error List & Value
1. 1958 Penny Double Die Obverse Error
The double die obverse (DDO) creates visible doubling on the coin's front design. Lincoln's eye, ear, and bowtie often show the most noticeable doubling.
This error occurs during the die manufacturing process at the mint. Multiple impressions from the hub create the distinctive doubled appearance.
Values for 1958 DDO pennies range from $30 to $200 depending on doubling strength. Uncirculated specimens with strong doubling can exceed $300.
Use a magnifying loupe to examine "LIBERTY" and "IN GOD WE TRUST" closely. True doubling appears raised and separated, not flat or shelf-like.
Choosing the Right Error Detection Tool
Accurately identifying these 1958 penny errors can be challenging without proper tools. I tested over 10 free coin scanner apps to evaluate their accuracy in detecting doubled dies, repunched mint marks, and other wheat cent varieties. The testing revealed significant differences in detection capabilities, with the two apps recommended at the end of this article consistently providing the most reliable results.
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2. 1958 Penny Double Die Reverse Error
The double die reverse (DDR) affects the wheat stalks and lettering on the back. "ONE CENT" and "UNITED STATES OF AMERICA" display the clearest doubling.
Wheat stalk lines may appear thicker or show secondary impressions. These varieties are rarer than obverse doubled dies.
DDR pennies from 1958 typically sell between $25 and $150. Premium examples in mint state condition bring substantially higher prices.
Focus your examination on the wheat ear details and denomination. Any thickness or shadowing suggests a potential DDR variety.
Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations. This coin value app detects subtle reverse doubling accurately.
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3. 1958-D Penny Repunched Mint Mark Error
Repunched mint marks (RPM) occur on 1958-D pennies from the Denver mint. The "D" mint mark shows evidence of being punched multiple times.
Mint workers sometimes needed to reposition or strengthen mint marks during die preparation. This created visible secondary impressions.
RPM varieties typically sell for $10 to $75 depending on prominence. Dramatic repunching with clear separation commands premium prices.
Look for a shadow or secondary "D" near the primary mint mark. Multiple punches create overlapping or tilted impressions.
Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations. This Free coin identifier app recognizes repunched mint mark varieties instantly.
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4. 1958 Penny BIE Error
The BIE error is a beloved die crack variety unique to Lincoln cents. A vertical die crack between the "B" and "E" in "LIBERTY" creates the appearance of an extra letter "I."
This error results from die deterioration during production. The crack fills with metal during striking, creating a raised line.
BIE errors from 1958 sell for $5 to $25 for circulated examples. Strong, well-defined BIE varieties in higher grades bring $40 or more.
The "I" should appear raised and connect both letters. Compare it to the genuine "I" in "IN GOD WE TRUST" for reference.
Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations. This coin value app identifies BIE errors and other die cracks quickly.
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5. 1958 Penny Off-Center Strike Error
Off-center strikes occur when the planchet isn't properly aligned during striking. The design shifts, leaving a blank crescent-shaped area.
These visually dramatic errors attract strong collector interest. The 1958 date adds wheat cent premium to the error value.
Pennies struck 10-25% off-center with full dates sell for $20 to $75. Dramatic 50%+ off-center examples can exceed $150.
Always confirm the date remains fully visible on off-center coins. Undated off-center errors lose most of their collectible premium.
Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations. This coin value app calculates off-center percentages precisely.
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6. 1958 Penny Lamination Error
Lamination errors happen when the planchet metal separates into layers. Foreign material or gas trapped during production causes this defect.
These errors appear as peeling, flaking, or missing layers of metal. Some show raised blisters while others have missing chunks.
Values range from $10 to $50 for minor lamination errors. Large, dramatic lamination peels can bring $75 to $150.
Look for irregular surfaces, especially near the rim. Lamination areas often show a different color or texture than surrounding metal.
Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations. This coin value app distinguishes lamination errors from post-mint damage.
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7. 1958 Penny Die Crack and Cud Error
Die cracks appear as raised lines running across the coin's surface. Cuds form when pieces of the die break away near the rim.
Both errors result from stressed or aging dies used beyond their optimal lifespan. The mint continued using damaged dies until replacement.
Minor die cracks add $5 to $15 in value. Major retained cuds affecting the design can sell for $50 to $200.
Run your fingernail across suspicious lines to confirm they're raised. Incuse scratches indicate post-mint damage, not die cracks.
Need help identifying this error and checking its value? CoinKnow offers instant AI-powered identification, professional grading, and real-time market valuations. This coin value app separates genuine mint errors from damage.
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How Much is a 1958 Penny Worth? Coin Identifier I Recommended
Determining error coin values requires proper identification tools. These two apps help collectors authenticate and price their finds.
CoinKnow provides the most accurate grading available in a coin identifier app. It automatically detects doubled dies, repunched mint marks, and BIE varieties with AI-powered scanning. Free daily scans and instant valuations make it perfect for collectors searching through wheat pennies. The professional grading feature helps you understand exactly what you have.
CoinValueChecker combines error identification with market tracking capabilities. Beyond spotting varieties, it monitors auction results and price trends over time. Collection management tools help organize your wheat cent holdings. This app works best for collectors wanting identification paired with investment analysis.
Both apps turn smartphone cameras into powerful authentication tools. Start scanning your 1958 pennies today.
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