The 1951 D Wheat Penny was minted in 1951 at the Denver Colorado mint. In 1951 there were 625,355,000 1951 D pennies minted in all. Of course this figure doesn’t reflect the mint proofs that could have been minted that year at the Denver mint and only includes the amount of 1951 D Wheat Pennies that were poured into circulation. Worn 1951 wheat pennies are generally worth less than 25 cents. However, uncirculated 1951 Lincoln cents and those struck as proofs are worth significantly more than face value. Other rare and valuable 1951 pennies are those that contain errors and varieties, such as. The wheat penny is a classic iconic early 21st century American coin with a face value of 1 cent that was minted from 1909 to 1956. On a personal note we just love searching penny rolls for wheat and indian head pennies. Varieties of the 1957-D Wheat Penny. With over one billion 1957-D Lincoln cents being produced at the Denver mint facility, one would expect multiple die varieties in this issue. However, die varieties experts John Wexler, Kevin Flynn, and Billy G. 1951 Lincoln (Wheat) Penny The Lincoln penny has been produced for an extended period of time, and is actually still in circulation to this day. Though the modern version of the penny does not excite too many people, older versions, such as the 1951 Lincoln, are highly sought after by collectors of all types.