Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. In 1877, the economic slump that began in 1873 continued with full force. Wondering which pennies are worth more than face value? If you enjoy this article please be sure to share on your favorite social media platform. Feb 2016 - AU58 $280,000. The penny dates listed below are worth more than just a few cents(unlike most of the ones referenced above). If so, the modern United States cent is one of the best places to start looking. Of all the cents currently in circulation these pennies are worth the most money. Most recent sales of the 1943 Copper Penny. Some of these rare pennies feature 16th PresidentAbraham Lincoln. The 1877 version has been said to be the rarest Indian head penny there is. This rare penny is pulling in values of up to $500 in mint state condition, and with almost 4.5 billion pennies produced at the Denver Mint in 1992, there's a good chance that these are still in circulation.. Similar to the copper penny of 1943, Its speculated that while in production, a few steel planchets were accidentally mixed in with the copper, or the dies were tested on the steel and mixed in that way. The U.S. Mint knew this before the coins were released to the public, but officials didnt want to destroy an entire batch of perfectly normal Lincoln Pennies to catch the ones with the doubled image, so off these beauties went, and soon they were discovered in New England vending machines. The 1856 Flying Eagle cents were initially struck as presentation pieces and given to members of congress and other dignitaries,according to the eBay listing. Pokmon TCG Umbreon-EX Fates Collide 119/124 Holo Full Art NM . Sold: January 2004; Heritage Auctions, Orlando, FL, FUN Signature Auction. Mr Hernandez wrote of this coin that it's the only Lincoln cent in the entire series which lacks its intended mint mark. Leftover steel planchets from 1943 Steel War Cents were left in bins and mixed with 1944 Copper Penny Planchets. Im the Coin Editor here at TheFunTimesGuide. Experts claim that plates of this metal were slipped in during the minting by . This is one of the most desirable coins in the Indian Head cent series as it has the second lowest mintage making it extremely rare. This post may contain affiliate links. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. As always, the value of any coin is only worth how much someone else is willing to pay for it. $11.50 This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS, Just days until a whole new slew of beloved stores close - see where, Major department store chain to close multiple shops this year, 20 'secret' clearance items to buy at Walmart at up to 75% off, Brand new $914 direct payment drops in two weeks - when to check your account, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, We round up some pennies that have recently sold for quite the value, This popular coin has a controversial past, Credit: Not known, clear with picture desk, This coin is extremely popular among collectors, A mistake at the mint lead to this being a very valuable coin, Just 850,000 of these pennies were minted in 1877, This is the Sheldon-189 version of the late the 1700s coin, The flying eagle coin is made out of copper-nickel, Check your pocket change as a rare Lincoln penny error coin could earn you money, six other rare and valuable error coins worth up to $599, the most valuable US coins worth up to $10,633. Image courtesy of In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. Another double-died error can be found on the 1984 Lincoln Memorial Cent. While others are drawing attention on basis of how old and rare they are. Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. Regardless of how they got out of the mint, these exceedingly rare die variety Lincoln cents would be prized by any collector. Most of them pulled the coins out of circulation. It is the most valuable Lincoln penny in the world. "However, since the Denver Mint was under extreme pressure to produce cents for that year, there was a lot of sloppiness in the production process.". C $18.15 Free shipping 187 sold. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. While theyre still more common than those from other mints that year, they are still considered rare and valuable. You'll receive a confirmation email shortly. But coins hold their value remarkably well. The 6 Most Common Valuable Coins 01 of 10 1969-S Lincoln Cent With a Doubled Die Obverse Heritage Auction Galleries This coin is exceedingly rare. If you want this coin be prepared to shell out $1.2 million as that is the current asking price. As youll notice, there are several dates missing in the list above. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. To identify this ultra-valuable penny, take a close look at the date and mint mark. Fifteen bidders fought it out to get themselves this coin on eBay, with the winner shelling out $1,725. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. The bottom line When it comes to pennies, there are lots of valuable errors to look for! Below we unveil the most valuable circulated pennies worth up to $11,128, based on recently completed eBay listings. If you are investing money in rare pennies, buy coins that are in the best condition you can afford, and always focus on purchasing coins that display original color and are in nice shape overall. It was soon learned that only the Denver Mint struck pennies in 1922, and one-cent coins without a mint mark but bearing that date were in fact mistakes. Watch out for fakes as these are commonly counterfeited! To this day, they are the only two known to exist. The 1922 Lincoln Wheat Cents were minted at the Denver Mint using a "D" lettered coin die. This page is a work in progress, share to social media and check back later for updates. Read on to find out what makes these 16 coins the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. Rather than a special addition, this penny is valuable for something it lacks. 1917-S Buffalo Nickel. The 1969-S (San Francisco Mint) is no exception, and its not only one of the most expensive small cents, but also the priciest among the Lincoln Memorial series. In addition, we are NOT factoring in the prices for Proof versions of these pennies (unless the Proof version is an error coin or an unusual variety). This is a labor of love you might say, so it is resource intensive and slow. They range in value from a few dollars to as much as $200,000+ and include a smorgasbord of cool rarities and unusual pieces. Must read: How To Determine The Grade Of A Coin. Share to help us grow USA Coinbook Top 30 Most Valuable Wheat Pennies 2022 1909 S VDB MS67RD ($108,000) 1955 Doubled Die Obverse MS65+RD ($114,000) 1944 D Steel MS63 ($115,000) 1909 S VDB MS67RD ($117,500) 1917 MS67+RD Doubled Die Obverse ($120,000) 1914 PR68RD ($126,500) 1926 S MS65RD ($149,500) 1914 D MS66+RD ($158,625) 1944 Steel MS64 ($158,625) The number "7" appears higher than usual, nearly level with the "0.". Its also one of my favorite coins! During this time, all the pennies were made of steel, as copper was needed for the War effort. To have all three initials ona coin's design was unheard of. $6.24 . Thepennies that arent on this list are worth only a nominal amount usually between 3 cents and $1. Its important to note that there are two varieties of this coin: one has the normal date (Sheldon-189) and the other has an overdate (1799/8). Most Valuable Coins by Type. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. These were steel planchets that were coated in a layer of zinc to improve their luster. The 8 over 7 is the most valuable of the three types. Since this coin exhibits evidence of circulation and must have exited the mint via regular distribution channels. Some believe it was a mistake, while others think someone created the coins deliberately. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. And its so valuable not only because of the controversy surrounding it but its low mintage too - just 484,000 of these coins have been minted. Real People. While a circulating coin typically lasts 30 to 40 years, some lucky collectors have found pennies minted in the mid-1900s in their pocket change. What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. Read more in our privacy policy. Here are 4 ofthe best places to find rare pennies: Read next: Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. In 1856, the price of copper rose to the point that it took more than a penny's worth of copper to make a penny. 1944 Steel Wheat Penny struck in San Francisco Mint. We strive to put out videos as quickly as we can that c. Fiction Writing. Sold: September 2010; Legend Numismatics, Private Sale. The Top 16 Most Valuable Pennies Small Pieces of Copper Worth Huge Amounts of Money By James Bucki Updated on 09/17/22 While the pennies pictured in the above photo are not valuable, the ones listed below are worth a whole lot more. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. USA Coin Book has compiled a list of the most valuable US Quarters (Washington Quarters, America the Beautiful Park Quarters, 50 States Quarters, Standing Liberty Quarters, Barber Quarters, Seated Liberty, Draped Bust and Capped Bust Quarters) using a database of over 6,000+ coins and valuations. If you want to know what your U.S. penny is worth, then read on! Coins Signature Auction. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). There are about 30 of these coins in existence today. Our most valuable pennies list includes coins starting in 1856 up to the present (2023) - including rare penny errors and rare varieties that could still actually be found in pocket change. Some pennies, originally worth a single cent, are now worth thousands of dollars. Brenner added his initials V.D.B. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. If a 1999 penny has a large space between the A and the M, and it's in amazing condition, odds are good it's one of the most valuable pennies still in circulation. This error is similar to the 1943 D Struck on Bronze Planchet, there are however more specimens with the S mint mark. These are everyday, run-of-the-mill coins currently in circulation. 6. Instead of placing the initials elsewhere in new dies, mint employees simply removed them entirely from the coin, and a new round of cents were produced without the VDB.. Aug 2019 - AU53 $216,000. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. (Psst! Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. Also try the Interactive, sortable, searchable pennies page. Coins Nostomania's 100 most valuable U.S. However, a steel planchetleft over from 1943 must have found its way into the coining press. When an example as fine as this one crosses the auction block, it is certain to set record prices. Image: USA CoinBook. Designed by portraitist James Barton Longacre in 1856, the circulated coin features an eagle on one side, with one cent shown on the other. As a result, a majority of the 1941-D Lincoln pennies are in circulated condition. The 1944 steel to copper/bronze transition of pennies involved the inclusion of leftover zinc-coated steel. Of course, they're worth more if they're in better condition, and all circulating coins tend to have a lot of wear and tear. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. Whatever the origin of the 1943 copper pennies, they are considered by the Professional Coin Grading Service to be the most desirable and valuable of all Mint errors and are highly sought-after by U.S. coin collectors. This is a labor of love you might say, so it is resource intensive and slow. It will stick to a magnet. . 1943 Struck on Bronze Planchets are cleanly struck and likely in great condition. Bottom line: OK, we'll admit it. Because not many of these pennies were minted, proof coins of either variety are valuable. Want to know what the most valuable pennies are? Initially, the government believed that these were counterfeit coins and began confiscating them. Get ready its a long list! Contact your preferred coin grading company and find out the safest way to send the coin their way, being sure to insure the specimen. Consequently, all 1922 cents should bare the D mint mark," wrote Mr Hernandez. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. The standard for the 1940 era would be something akin to a MS-65 RD. Why is this coin so rare? A handful of these 1990s pennies didnt get the signature "S" mint mark. Are you concerned the precious metals train has left the station without you. But, of course, rarity is a significant factor in determining a penny's worth. This is a genuine coin that was dug by a metal detectorist, according to the listing. 1913 Liberty Nickel-The Olsen Specimen. This coin sold on eBay on August 3, racking up 46 bids that quickly jumped in price. An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. . In 2004, an MS66 graded coin sold for $172,500. Steel cents require greater force when struck by dies. Up until the late 1950s, Mr Brenner designed all the years ofthe coinsfeaturing Lincoln. In 2006, an MS67RD graded coin (pictured left) sold for $97,750. This coin features the same proof die reverse as the 1998 wide AM coin. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. 01:14 1920 s wheat penny - $900; 00:45 1871 indian head penny - $875; 00:11 1921 s wheat penny - $850; we strive to put out videos as quickly as we can that cover coins and bank notes. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. One factor contributing to this coin's significant value is its low mintage. While 484,000 were struck, several population estimates suggest only 50,000 to 100,000 may still exist a fairly large number indeed, but much lower than mintage numbers suggest. If youre looking to purchase an 1857 Flying Eagle Penny for your coin collection, this is one of the cheaper dates, as long as youre okay with a lower grade of coin. It is unknown how only three examples got to leave the United States Mint facility in Philadelphia, but because all of them are in Mint State Red condition, it is speculation that they may have been smuggled out of the mint by an unscrupulous mint employee. The close "AM" version is the more valuable penny of the two. A.) There have been to our knowledge no coins in this condition and color found. Actually, 1856 Flying Eagle pennies were made as a pattern coin, and while many of them circulated, the series wasnt intended to be produced on a mass scale yet not until 1857, anyway. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. This penny exhibits doubling on the date and lettering on the obverse. In 2014, an MS65+ 8 over 7 (pictured left) sold for $74,025. 1909 S Indian Head Penny Estimated Price: $2,000 Stay up to date with everything about U.S Coins, We dont spam! For a coin like this to survive so long in pristine condition, it is evident that a collector in San Francisco back in 1914 must-have set it aside before it could become tattered and worn in circulation. Extra notes: 1944 steel cents should technically be a weaker strike than 1943 steel cents. The Most Valuable Pennies Of All Time Michelle Nati Updated December 2, 2019 963.2k views15 items The penny has been part of US currency almost as long as the country has been independent. Although there is some argument that mint workers actually struck these coins on bronze alloy planchets on purpose, it is more probable that a few bronze planchets left over from the previous year got stuck on a conveyor belt or tote and was incorporated into the regular striking process. Coins are in order from Most to Least expensive. Which coins currently in circulation are worth the most? Free shipping . 1916 Buffalo Nickel-Doubled Die Obverse. This rare coin stands out among the Lincoln cents worth a lot of money. The year 1971 was a good one for penny collectors. For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. But it is scarce to find an uncirculated 1926-S Lincoln penny with its original copper-red color. Because of this long history, many people expect older coins to have more value. It also rightly excludes Proof Coins, Special Issues, Commemoratives, and the like. While it is uncirculated and retains its original copper-red color from the day it was minted, the date and mintmark combination sets this coin apart from all others. Condition is another; coins that stayed out of circulation may retain their original coloring and fine details, significantly adding to their value. Maybe you have a collectible in a bowl or piggy bank you've forgotten about. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. This Philadelphia-minted coin collected 66 bids online. Only 2,000 1856 Flying Eagle Cents were minted, making this quite the rare coin! You should follow us on Facebook too, we occasionally run contests on our page!). Check your seat cushions, change piles, and miscellaneous change from your cash purchases for these. Email us at exclusive@the-sun.com or call 212 416 4552. If the coin does stick to a magnet it will need to be certified. Coin Chart: Tap a '+' sign to expand further coin details. This 1982 Copper Penny Is Worth $10,000! 01 of 15. Pennies offer a plethora of errors and varieties some are fairly common and some are extremely rare. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). We earn a small commission for purchases made through the links below, which helps keep our site running. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. Heres a list of the top 25 most valuable pennies: 1943-S copper Lincoln Wheat Penny, $185,000 The 1943-S copper cent is the one of the most valuable small cents, with one example having sold for a cool $1 million at an auction in 2012. These are incredibly rare so make sure that your coin is certified if you find one or buy one. A zinc coated steel planchet is magnetic. Dont miss the 1936 Lincoln Wheat Cent Penny in your search for rare pennies, as one of these bad boys could be worth $2,222 in uncirculated mint condition. Not because of its date of minting, but because of its die variety. For this list, we are only including small cents: Flying Eagle Cents, Indian Head Pennies, Lincoln Wheat Pennies, Lincoln Memorial Cents, and Lincoln Shield Cents. 10 most valuable pennies If you're just starting out collecting coins and you're not sure what to keep your eyes peeled for, or if you have been collecting for years and just need a refresher, we've made a list for you of 10 valuable pennies you need to have in your collection. The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. This is just speculation from CoinTrackers.com. Be sure to check your change for this one! Minted in Philadelphia, the coin features an Indian head with the United States of America on the sides, with the year 1877 below. Check out our penny price guides below. These steel planchets were used primarily in 1943. 1944-S copper Lincoln cent: 283 million minted, worth between 3 and 5 cents 1944-D over S copper Lincoln cent: worth $100 or more 1944 steel penny: 15 - 20 minted, worth $100,000 or more 1951 Wheat Penny Value Over 1 billion wheat pennies were struck in 1951. The low mintage alone makes this coin extremely rare, but the brilliant colors that resulted from a coin being stored for 100 years makes this coin extremely attractive to collectors. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. Please ask any questions, can provide more pictures if needed, Keep an eye out for weekly additions to listings. 1944 Steel Lincoln Wheat Penny, $125,000 Its believed that a similar story behind the creation of the 1943 copper cent is also what led to minting of the 1944 steel penny; blank steel cent planchets from 1943 that were hiding away in the coining presses wound up getting stamped with the 1944 dies, and the result is a rarity that financially well-heeled coin collectors will pay hundreds of thousands to buy. In 2009, an MS66RD graded coin (pictured left) sold for $149,500! Be careful not to scratch the coin however. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. Estimated coin prices and values in our database are updated twice per year. List only contains coins from 1965 to 2023. This penny was minted in Philadelphia, and letters on both side of the coin make it one of the rarest pennies you can find today. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. A 1931-S could be worth $40 or more. The bins of steel planchets were fed into machines and the handful of left over copper planchets overlooked. Also, in the 1930s and 40s, most coin collectors acquired their coins from circulation, so it is not hard to find a circulated example of a 1926-S Lincoln penny. We have discounted proof coins, error coins, as well as any "special strikes", to create a clean list of pennies you have a higher probability of finding from the current pool of circulating United States currency. Of all the 1943 copper pennies, only one Denver-minted copper cent is believed to exist, making it one of the rarest U.S. coins to date. These rare examples can fetch up to $375,000 in excellent condition, according to Coin Trackers. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. Counterfeits abound but usually have the wrong mint mark. Many of these coins exhibit wear from circulation. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint.
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