AboutMyCoin1923-S Wheat Penny in AU58
A 1923-S Wheat penny graded AU58 is that coin in one particular state of preservation — the date and the mint mark are already fixed, and AU58 is what a grader called the surface that survived. What that looks like on this coin is below. The nearest grade of this date this site does have a researched figure for is About Uncirculated (AU-50), at $112 to $144, from sales and public data.
What AU58 means
A 1923-S Wheat penny in About Uncirculated (AU-58) is as close to uncirculated as a circulated coin gets: the lustre is nearly complete and the only wear is a faint rub across the cheekbone and the jaw of Lincoln’s portrait and the hair above his ear that shows when the coin is tilted under a light. Many are better-looking coins than a low mint state example of the same date, and they sell for less.
A slab, a dealer’s list or a price guide may write this grade AU-58. They are the same grade and the same 1923-S Wheat penny.
Where this grade sits
The grades a 1923-S Wheat penny is given run from PO1 to MS70RD. AU58 is the top of that scale, so there is no grade above it to step up to. In general terms, the higher the grade the more the coin is worth.
A blank in the value column is a grade this site has not researched, not a grade the coin is worth nothing in.
How to check this yourself
Sold listings, not asking prices. The link below is already filtered to completed sales of a 1923-S Wheat penny in AU58, which is the difference between what somebody paid and what somebody hoped for. Until this site has a researched figure for this grade, that search is the answer — take the middle of several recent sales rather than the highest.
Where these figures come from
We gather publicly available data from several public sources including eBay, PCGS, NGC, Numista, USA Coin Book, PriceCharting, and others.
Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.
1923-S Wheat Penny: every grade, the metal and the specification →