Here are some factors that can affect the value of a 1901 wheat penny:
* Condition: The condition of a coin is one of the most important factors in determining its value. A coin that is well-preserved and free of damage or wear will be worth more than a coin that is in poor condition.
* Variety: There are several different varieties of 1901 wheat pennies, each with its own unique characteristics. Some of the more common varieties include the "Indian Head" penny, the "Lincoln Head" penny, and the "VDB" penny. The Indian Head penny is the most valuable of the 1901 wheat pennies, as it was only produced for a short period of time.
* Rarity: The rarity of a coin can also affect its value. Some 1901 wheat pennies are more rare than others, and this can make them more valuable.
* Mint mark: The mint mark on a coin can also affect its value. The 1901 wheat penny was minted at three different mints: the Philadelphia Mint, the Denver Mint, and the San Francisco Mint. Coins that were minted at the San Francisco Mint are the rarest and most valuable.
If you have a 1901 wheat penny, you can determine its value by looking at its condition, variety, rarity, and mint mark. You can also consult a coin dealer or a numismatic reference book to get more information about the value of your coin.