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The D mint mark on any coin minted since 1906 indicates it was made at the Denver Mint.
The 1957 D Wheat Penny was made in Denver Colorado. The "D" is the mint mark for the Denver mint.
1950 Wheat Penny; With no mint mark, in very fine condition is worth $0.10, uncirculated is worth $1.50, proof is worth $45.00. With D mint mark, in very fine condition is worth $0.10, uncirculated is worth $1.00. With S mint mark, in very fine condition is worth $0.10, uncirculated is worth $1.25.
According to a 2014 coin price chart, there is no wheat penny that is worth $12,500. There is, however, a 1922 (no mint mark) wheat penny worth about $500 in circulated condition and $20,000 in mint condition. The highest price penny like this is a 1944 Steel penny that is worth $100,000 in mint condition and $4,000 in circulated condition.
This may be a valuable mint error. I suggest you have an expert look at it. My unprofessional self would say that it may be around $1,500.
The only penny being produced by the US Mint in 1885 was the Indian Head penny. Wheat pennies were not produced until 1909.
The value of a 1929 D wheat penny depends upon the condition that the penny is in. A 1929 D wheat penny that is not in good condition is worth about $4.00, a 1929 D penny in pristine mint condition is worth $446.
The mint mark does not determine the value of a coin. If you have a penny and want to know what it is worth, please submit a new question and include the date on your penny as well as the mint mark.
Two cents for the copper.
A 1941 penny without a mintmark means it was minted in Philidelphia.
1940S Wheat Penny: very good condition-$ .05, mint condition-$1.50, uncirculated-$5.00 .15-6.00
5 cents Wheat pennies from the 1950's are very common. Average values are 3 to 10 cents for most coins.