This is either a 1922 no d or weak d wheat cent. My grandfather collected penny's up until he passed in the late 80's. A lot of what he had was cleaned by himself and this looks to be cleaned as well.
I don't think that would even count as a "weak D" -- it looks like it's just been obliterated by corrosion and cleaning, like the letters of TRUST. It's probably worth more as a memento of your grandfather. Welcome to CoinTalk!
I was assuming that this was the case. He had a huge penny collection. I remember when I was younger he had this "tumbler" he had built. He would run the penny's through the tumbler for days.. then seperate them by dates and roll then up. I did find a few books that have coins that do not look like they have been cleaned. I will post pics after this reply. Any help on value would be appreciated
I would guess it would be "worth" $5 - $10. That is if you could find a buyer for something that beat up.
I tend to agree with the others...this coin is worth in the $5-10 range if you can find a buyer. As for being a "weak D" or a "no D" I would say it is not. The D is clearly evidence so it cannot be a "no D" and in my opinion it is too strong to quality it for a "weak D" on it's own. In addition, to be classified as a "weak D" you have to be able to show that the coin came from one of the die pairs that produced the "No D, Weak Reverse" coins (in addition to be a very weak mint mark). Those are "No D" die pairs #1, 3, and 4. There are very well known die characteristics for those coins and this coin does not match any of them. So, it did not come from one of those die pairs.