The 1956 Lincoln Wheat Penny, like many coins, can vary in value depending on its condition and rarity.
Condition: The condition of the penny is crucial in determining its value. Coins that are in uncirculated (mint) condition are typically worth more than those that show signs of wear and tear.
Mintage: The number of coins minted in a particular year can affect its rarity and thus its value. For common years like 1956, the value may not be significantly high unless the coin is in exceptional condition or has some unique characteristics.
Value Range: As of now, a 1956 Lincoln Wheat Penny in average circulated condition (graded as Fine or Very Fine) is generally worth around 5 to 15 cents.
Key Dates and Varieties: While 1956 is not considered a key date for Lincoln Wheat Pennies, there are certain varieties and mint marks (like the 1956-D or 1956-S) that could affect the value.
Mint marks indicate where the coin was minted (Philadelphia, Denver, San Francisco, etc.).
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