There are a number of factors that go into determining what a coin is worth. The value of a 1917 one cent Lincoln coin is worth $18. If it is a 1917 D it is worth $90, and a 1917 S is worth $130.
Average value is 25 to 50 cents. The 1917 Lincoln (Not Head) cent is a high mintage, common date.
A 1917-S Lincoln in VG-8, has an average retail price of 50 cents.
There is no such thing as a "wheat head penny". Assuming you are referring to a 1917 Lincoln cent, its value depends on its condition and mint mark. See the Related Link for "Lincoln cent prices" to the right. In circulated condition, you'll get about 5-10 cents for it.
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Mintage for the 1917 Lincoln cent are: Philadelphia 196,429,785 Denver 55,120,00 San Francisco 32,620,000