1916 Wheat Penny Value

When worn, a 1916 Wheat Penny is typically worth about 7.5¢, a 1916-D Wheat Penny about 7.5¢ and a 1916-S Wheat Penny about $32.00.

1916 penny: front (type example, 1909 Philadelphia VDB cent) — Type example: 1909 Philadelphia VDB cent. Your coin's date and mint mark may differ. The V.D.B. initials on this example's back were removed during 1909, so later wheat pennies don't have them.
Photo credits
National Numismatic Collection, National Museum of American History (photo: Jaclyn Nash) (PD; source)

1916 penny: back (type example, 1909 Philadelphia VDB cent) — Type example: 1909 Philadelphia VDB cent. Your coin's date and mint mark may differ. The V.D.B. initials on this example's back were removed during 1909, so later wheat pennies don't have them.
Photo credits
National Numismatic Collection, National Museum of American History (photo: Jaclyn Nash) (PD; source)

Check your own 1916 penny

Take a photo of each side. Penny Value helps you narrow down which 1916 penny you have and what to check.

Check your own penny

Penny Value is an Android app for now, so it isn't on the App Store. The values and checks on this page are free to use.Penny Value is an Android app. Open this page on your Android phone to check your own penny with a photo.

Every 1916 penny

Worn = typical value when worn (Good to Very Fine); MS-60 = uncirculated. Values as of Q4 2026 · Penny Value estimates · not an offer to buy.

1916
Philadelphia · 131.8 million made
7.5¢worn
$47.00MS-60
1916-D
Denver · 36 million made
7.5¢worn
$83.00MS-60
1916-S
San Francisco · 22.5 million made
$32.00worn
$140MS-60
1916 Proof
Philadelphia · Proof · 1,050 made
Proof
$570proof

The proof penny listed here was sold to collectors in sets, so you won't normally find it in change.

Mint marks

1916 pennies for circulation were struck in Philadelphia (no mint mark), Denver (mint mark D) and San Francisco (mint mark S). The mint mark is below the date, on the front.

Questions

How much is a 1916 wheat penny worth?

When worn, a 1916 Wheat Penny is typically worth about 7.5¢, a 1916-D Wheat Penny about 7.5¢ and a 1916-S Wheat Penny about $32.00. These are Penny Value estimates as of Q4 2026, for information only.

Where is the mint mark on a 1916 penny?

1916 pennies for circulation were struck in Philadelphia (no mint mark), Denver (mint mark D) and San Francisco (mint mark S). The mint mark is below the date, on the front.

Is a 1916 penny silver or copper?

Regular 1916 pennies are bronze (95% copper, 5% tin and zinc; about 3.11 g). A silver-colored 1916 penny has usually been plated or altered after it left the Mint.

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