At this time, it was Frank Gasparro who designed the reverse. Going back to the 1948 wheat penny, you’ll find the image of the sixteenth US president facing to the right on the obverse.

This topic came up in a 2023 forum on the Collectors Universe website regarding an eBay listing for “‘TEDDY ROOSEVELT’S Panama Penny’ 1920d Lincoln Wheat Cent/PCGS -Discovery Coin!” ...

Wheat is trading with mixed action on Wednesday’s midday as the US dollar index rallying is putting some pressure on things. Chicago SRW futures are within a penny of unchanged at midday.