Of all the cents currently in circulation these pennies are worth the most money. 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. Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. ships in penny sleeve, inside top loader, with extra protection. Here arethe most important types of Lincoln penniesyou should be keeping: So now that you have a good idea of which types of pennies to keep, youre probably wonderingabout specific dates. Be careful not to scratch the coin however. It will stick to a magnet. However, a steel planchetleft over from 1943 must have found its way into the coining press. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. If you buy thru these links, we may earn a commission at no additional cost to you. 1955 doubled die obverse Lincoln Wheat Penny, $1,900 Its estimated that some 24,000 Lincoln Cents from 1955 were struck with a doubled die. Must read: How To Determine The Grade Of A Coin. . Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. 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. Although there were many of these coins made, they're hard to come by since they're so sought after and usually sell very quickly. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. Planchets are stored in bins, and just a few copper ones were hidden in the bottom and covered up with loads of steel planchets. This Indian cent had a total of six bids at the close of the auction on eBay. But, of course, rarity is a significant factor in determining a penny's worth. There have been to our knowledge no coins in this condition and color found. *All of the coin values listed from 1958 or earlier came from USA Coin Book, unless otherwise noted. Although the doubling is not as dramatic as the 1955 doubled die obverse, it is evident with low-level magnification. Top 100 valuable pennies. In both the words "Liberty" and "In God We," the letters are doubled. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. The odds of finding a 1943 D Penny struck on a bronze planchet is likely around 10 in 217 million. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. Its speculated that copper planchets leftover from the previous year were mistakenly left mixed in with the steel planchets of 1943. About two billion one-cent coins were made that year, but, as with the 1943 Copper Lincoln Wheat Penny, the 1944 Steel Wheat Pennywascreated when some steel planchets were left in the machines at the US Mint. Coins are in order from Most to Least expensive. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. Click coin image to view full-size image. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. This only takes place in the small date version. The coins - of which there are about 40 or50 in existence- are quite valuable. This coin was first discovered in 1970 and was reported by Coin World on the front page in its July 8, 1970 edition. This made is difficult for the federal government to obtain the metal needed for minting coins. Take, for instance, the popular 1909-S VDB Lincoln cent. However, the financial hardship of the time (including the economic downturn following the "Panic of 1873") meant that few people were able to save coins for their collections. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. Source 1909 Penny The first Lincoln Penny was struck by the U.S. Mint in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. Oops, there was an error sending your message. 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. San Francisco is known to have only produced five of the 1943 bronze/copper pennies, making them especially rare, but some experts have been willing to note that there may be more in existence. 1913-D Buffalo Nickel-Type 2. Read more in our privacy policy. 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. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. 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. It also rightly excludes Proof Coins, Special Issues, Commemoratives, and the like. 6. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Having one in its original copper-red color makes it much more extraordinary. Sold: March 2014; Heritage Auctions, Atlanta, GA, ANA National Money Show US Coins Signature Auction. Why It's Worth So Much:Sometimes, if the die used to stampa coin with an image aren't correctly aligned, images or letters appear"doubled" on the coin. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. What makes this particular coin extremely valuable is its pristine condition despite being over 100 years old. In 2018, an MS66+RD graded coin (pictured left) sold for $158,625. Its believed that less than 30 copper 1943 pennies exist from across all three mints (Philadelphia, Denver, and San Francisco) operating at that time. Because of the increased pressure bronze examples of the 1943 Cent should in general be in better condition than most copper pennies from the 1940's. The 1914-D Wheat Cent is a great addition to anyones collection. 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. The 1909 S Indian Head Cent was the last year the Indian Head penny was minted, and has the lowest mintage of the Indian Head Cent series. Share to help us grow A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. This penny is the rarest date of all the Indian Head pennies ever minted. A zinc coated steel planchet is magnetic. This 1999 S penny looks almost identical to the last one on this list, except, you guessed it, the A and the M are closer together. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. Check out our penny price guides below. tv. 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. To lower costs, the United States Mint sought to reduce the size of the penny (to its current diameter). 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. Up to this point, coin designers used only the first initial of their last name. Pokmon TCG Umbreon-EX Fates Collide 119/124 Holo Full Art NM . Well, here's a cheat sheet of the most valuable pennies to keep. Experts claim that plates of this metal were slipped in during the minting by . These are the rarest and most valuable pennies that are worth more than $1 apiece: *Values are for problem-free coins in a grade of Good or better, and uncirculated for those dated 1959 and later. USA Coin Book has compiled a list of the most valuable US pennies ever known. Just over 42,000 of the normal date versions of the coin were minted in 1799, according toUSA Coin Book. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. You should follow us on Facebook too, we occasionally run contests on our page!). Of all the cents currently in circulation these pennies are worth the most money. Perhaps 15,000 to 20,000 plain 1922 Lincoln Cents were made, but nobody knows the exact number of examples that were made, let alone how many remain to this day. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. The 1909 S Indian head cent is popular amongst collectors as it is one of only two in the series to have been minted at the San Francisco Mint. Here are 12 more valuable Lincoln pennies that you should definitely check for if you happen upon a very old penny. This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. Minted in Philadelphia, the coin features an Indian head with the United States of America on the sides, with the year 1877 below. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. On closed 3 examples, it appears that the 3 has two nearly complete loops, whereas on the open 3 there is much more space between the ends of the 3 and the digits middle section. While a circulating coin typically lasts 30 to 40 years, some lucky collectors have found pennies minted in the mid 1900s . Looking to make a profit coin roll hunting? What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. Because of this long history, many people expect older coins to have more value. (Psst! The bottom line When it comes to pennies, there are lots of valuable errors to look for! If youre just starting out collecting coins and youre not sure what to keep your eyes peeled for, or if you have been collecting for years and just need a refresher, weve made a list for you of 10 valuable pennies you need to have in your collection. The most expensive coin on the list is also an Indian Head cent. Why so few? In 2021, an MS64 graded coin (pictured left) sold for $180,000. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. If you enjoy this article please be sure to share on your favorite social media platform. 01 of 15. Do you have any of these coins in your penny jar? Coins in this condition are few and far between and are truly treasures to behold. Check your inbox or spam folder to confirm your subscription. Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. These are in order with the newest being on top. Designed by portraitist James Barton Longacre in 1856, the circulated coin features an eagle on one side, with one cent shown on the other. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. As youll notice, there are several dates missing in the list above. Finally, demand is the factor that drives value the most. 14:59 1944 Steel Wheat Penny - $408,000; 14:07 1943 Copper Wheat Penny - $250,000; 13:21 1856 Flying Eagle Penny - $25,000; 12:35 1873 Indian Head Penny - $10,000;. While theyre still more common than those from other mints that year, they are still considered rare and valuable. Some pennies, originally worth a single cent, are now worth thousands of dollars. This coin had a doubled "D" mint mark thats easily visible. The 1944 steel to copper/bronze transition of pennies involved the inclusion of leftover zinc-coated steel. Even for an example in a lowly grade of Good-4 on the Sheldon Grading Scale, 1856 Flying Eagle pennies are valued at about $7,000! The full backside of the coin is doubled. In 2004, an MS66 graded coin sold for $172,500. We will notify you each week there's a new article posted! Jan 2016 - AU55 $211,000. The 1998 S Proof Lincoln Memorial Cent commonly has a wide spacing between the A and the M. In the close "AM" version, the letters almost touch. The penny has been part of US currency almost as long as the country has been independent. 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) What follows are the 11 through 25th most valuable pennies: 1917 doubled die Lincoln Wheat Penny, $1,350, 1972 doubled die obverse Lincoln Memorial penny, $290, 1909-S/S over horizontal S Lincoln Wheat Penny, $275. 10 Most Valuable Walking Liberty Half Dollars. And some coins are made more valuable simply by being unintentional, as with the 1943 Lincoln pennies that were mistakenly made with bronze rather than steel. 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.. If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Some pennies, originally worth a single cent, are now worth thousands of dollars. These are the ones you want in your collection, 1856 Flying Eagle Penny: $25,000-$170,000, 1943 Copper Wheat Penny: $85,000-$370,000, 1944 Steel Wheat Penny: $110,000-$180,000. 1943 Struck on Bronze Planchets are cleanly struck and likely in great condition. Because not many of these pennies were minted, proof coins of either variety are valuable. But, a mix-up in the San Francisco mint resulted in about 30 pennies being made from steel left over from the 1943 pennies. Bottom line: OK, we'll admit it. Our most valuable coins list includes coins starting in 1793 up to the present (2023). There are six known examples of this error being produced at the San Francisco mint in 1943. Most recent sales of the 1944 Zinc coated steel penny sales. Isn't it funny how having an extra ear can make a penny valuable? The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. USA Coin Book estimated the value of this expensive penny at $917 in just average condition, but it could be worth almost $2,000 in tip-top shape. 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. One variety had a widely spaced "AM" in the word "America.". 1969-S doubled die obverse Lincoln Memorial penny, $10,000 Doubled die coins have to be one of the most popular error coin varieties out there. These are in order with the newest being on top. While there are very few guarantees in the rare coin industry, you can always count on nice, problem-free coins yielding better returns on your investment than coins that have been cleaned or have nicks, dents, scratches, and holes. This error is similar to the 1943 D Struck on Bronze Planchet, there are however more specimens with the S mint mark. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. Roosevelt Dime, PR 8 1990 No S Lincoln Cent, PR 9 2000-P Cheerios Sacagawea Dollar, SP 10 See the complete TOP 100 list READ MORE The Top 100 Foreword By Ron Guth The modern coin era began in America in 1965, the first year the U.S. Mint produced copper-nickel "clad" coins as a replacement for silver coins, ending an unbroken, 173-year tradition. The top 25 most valuable pennies. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! 1917-S Buffalo Nickel. These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. In the close "AM" variety, the "FG" is closer to the building. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. 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. Regardless of how they got out of the mint, these exceedingly rare die variety Lincoln cents would be prized by any collector. The best known specimen as of late is an MS63 Brown (BN) and it has sold for more than $500,000. Most Valuable Canadian Pennies, 1. In 1864, the Civil War was dragging on, and the United States economy was extremely fragile. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, All Lincoln wheat pennies made from 1909-1958. As these anomalies have become more known, more and more specimens have come to light. The 1943 Copper Wheat Cent is a coin that was not supposed to exist. This is definitely one of the most valuable pennies in circulation, fetching prices as high as $500 in mint state condition. This penny exhibits doubling on the date and lettering on the obverse. All of these factors together make this the second most valuable penny in the world. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. The collector also ensured that the coin was correctly stored to preserve its color. We strive to put out videos as quickly as we can that c. My love for coins began when I was 11 years old. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. This is an indication that they were not "helped" by some unscrupulous mint employee. The DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." Watch out for fakes as these are commonly counterfeited! These factors make this a very rare and valuable penny indeed. During this time, all the pennies were made of steel, as copper was needed for the War effort. Fifteen bidders fought it out to get themselves this coin on eBay, with the winner shelling out $1,725. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. Coins list is recomputed with each pricing update. $11.50 When an example as fine as this one crosses the auction block, it is certain to set record prices. The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. 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. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. Since pennies hold a special place in almost every coin collector's heart, demand for high-quality coins can drive the value through the roof. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. Coins Nostomania's 100 most valuable U.S. 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. 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. This coin features the same proof die reverse as the 1998 wide AM coin. According toCoinTrackers, just 850,000 of these rare pennies were minted. 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. Pennies offer a plethora of errors and varieties some are fairly common and some are extremely rare. One factor contributing to this coin's significant value is its low mintage. 50 Most Valuable Coins in the World | Work + Money Coins 50 Most Valuable Coins in the World By Kimberly Yavorski, updated on August 22, 2022 Stack's Bowers Coin collecting goes back to medieval Mesopotamia. On the surface, there is nothing visually spectacular about this coin. A handful of these 1990s pennies didnt get the signature "S" mint mark. Either way, its a great rarity and a coin every collector should have. Sold: September 2010; Legend Numismatics, Private Sale. To My Young Brothers & Sisters at Reddit & Elsewhere. Some believe it was a mistake, while others think someone created the coins deliberately. These were steel planchets that were coated in a layer of zinc to improve their luster. A close examination of Lincoln's ear shows a definitive double stamp. Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. 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.. Are you wondering what your penny is worth?
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