While millions of Lincoln Wheat Pennies were minted in the early 1900s, the 1925-S Wheat Penny stands out as a collector’s favorite. Struck at the San Francisco Mint, it marks a period when penny production was slowing down—and that has made this coin especially valuable today, particularly in mint condition.
Even though more than 26 million of these coins were produced, finding one in top-grade condition is a real challenge. In fact, a brilliant red MS65 example once sold at auction for an impressive $54,625.
Let’s dig into why this coin is so special—and how you can tell if you’ve got a rare gem in your collection.
Why the 1925-S Wheat Penny Is So Valuable
In 1925, all three U.S. mints (Philadelphia, Denver, and San Francisco) reduced their penny output. While earlier years saw production in the hundreds of millions, 1925 saw much lower numbers—particularly at the San Francisco Mint.
| Feature | Details |
|---|---|
| Mint Location | San Francisco (“S” mint mark) |
| Total Mintage | 26,380,000 |
| Composition | 95% Copper, 5% Tin & Zinc |
| Diameter | 19 mm |
| Edge | Plain |
| Designer | Victor D. Brenner |
Because fewer coins were minted that year—and fewer still have survived in great shape—1925-S Wheat Pennies are now considered key-date coins, especially in Mint State grades.
How Rare Is the 1925-S in High Grades?
In circulated condition, these coins are relatively common. But when you look for Mint State (MS) coins—particularly MS65 Red (RD) examples—the rarity shoots up.
| Condition | Estimated Value |
|---|---|
| Circulated (VG–VF) | $1 to $10 |
| Mint State (MS63) | $100 to $300 |
| MS65 Red (RD) | Up to $54,625 (recorded) |
Only a few high-grade red examples have surfaced in auctions, making them highly desirable to collectors. These coins retain their original copper shine, and have no visible wear, making them stand out dramatically.
How to Identify a 1925-S Wheat Penny
Wondering if you have one of these hidden gems? Look for the following features:
- Date “1925” on the front (obverse)
- A small “S” mint mark right below the year
- Wheat ears on the back (reverse), a hallmark of all Lincoln Wheat Pennies from 1909 to 1958
- Reddish color (if uncirculated), meaning the coin hasn’t darkened with age or oxidation
If your coin looks shiny and new, and has an “S” below the date, it’s definitely worth checking with a coin expert.
Conclusion
The 1925-S Lincoln Wheat Penny may look ordinary at first glance, but in high-grade condition, it’s a true star in the world of coin collecting. With one selling for over $54,000, this coin is proof that even a humble penny can turn into a small fortune—if it’s rare, clean, and well-preserved.
So, if you have old pennies lying around, especially with an “S” under the year, take a closer look. You could be holding onto a hidden treasure.
FAQs
Why is the 1925-S Wheat Penny valuable?
Because of its lower mintage and extreme rarity in high-grade red condition, it’s highly sought after by collectors.
What does the “S” mint mark stand for?
It indicates that the coin was minted at the San Francisco Mint.
How can I tell if my 1925-S penny is valuable?
If it’s in uncirculated condition (Mint State) and still has its original red copper color, it could be worth thousands.
What is the record auction price for a 1925-S Wheat Penny?
One sold for $54,625 at Heritage Auctions in 2005.
Should I get my coin graded?
Yes. If your coin appears to be in excellent condition, a professional grading service can determine its true value.