In both the words "Liberty" and "In God We," the letters are doubled. If so, the modern United States cent is one of the best places to start looking. 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. These are everyday, run-of-the-mill coins currently in circulation. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. The United States mint struck over 430 million of them. Sold: September 2010; Legend Numismatics, Private Sale. At Coin Values, we are always staying on top of the latest changes in coin prices, and we have a list of the top 25 most valuable pennies. Brenner added his initials V.D.B. Up to this point, coin designers used only the first initial of their last name. To hold an 1877 Indian Head Penny in uncirculated condition is an extreme rarity given the poor economic conditions of that year. It simply is a regular-issue piece that was struck in relatively low numbers. A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. 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. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. The DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." Regular minted coins from 1992 will have a noticeable gap between the two letters. While theyre still more common than those from other mints that year, they are still considered rare and valuable. Minted in Denver, USA Coin Book estimated the value of this rare 1914 penny at $278 in average condition and over $3,000 in uncirculated mint condition. Nov 2013 - VF35 $207,000. This is one of the most exceedingly rare and intriguing Lincoln cents. Most Valuable Canadian Pennies, 1. In 2021, an MS62 graded coin (pictured left) sold for $372,000. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. Legend Rare Coin Auctions. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Moving away from the Lincoln coins, a flying eagle cent from the 1850ssold for more than $11,000 recently. 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. But, a mix-up in the San Francisco mint resulted in about 30 pennies being made from steel left over from the 1943 pennies. But regardless, if you have one of these coins its fair to expect them to be quite valuable given the year it was minted. Some believe it was a mistake, while others think someone created the coins deliberately. Thisstray planchet created a great rarity treasured by coin collectors, and they are willing to pay handsomely to add this coin to their collection. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. 25 Most Valuable Pennies. 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. If you want this coin be prepared to shell out $1.2 million as that is the current asking price. 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. Do you have any of these coins in your penny jar? In 1943, pennies were made from steel planchets coated with zinc, but some copper planchets from the year before were left behind, and the coins were struck on those. @mohammed_nanotech / Twenty20 Some little pieces of copper can be worth some huge dollar amounts. While the front of the 1983 Lincoln Memorial Cent looks perfectly ordinary, the back might have a particularly lucrative error. The 1943 pennies made of steel were officially a one-year-only production, as the mint switched back to a bronze alloy (95% copper and 5% tin) in 1944. They range in value from a few dollars to as much as $200,000+ and include a smorgasbord of cool rarities and unusual pieces. There has been talk in recent years of doing away with the pennyas we move toward a more cashless society, but we're not quite there yet. You should follow us on Facebook too, we occasionally run contests on our page!). Also, the listing claims that it was the first American coin to use nickel to inspire a coin-collecting hobby in the late 1800s. Real Experiences. 1926-S Buffalo Nickel. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. As youll notice, there are several dates missing in the list above. 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. 1958 Doubled Die Obverse Lincoln Penny - About $336,000 The 1958 Doubled Die Obverse Lincoln Penny is one of the most valuable pennies in the world, considered as the holy grail by many coin collectors . To identify this ultra-valuable penny, take a close look at the date and mint mark. What It's Worth: $185,000, butsold for $1 million to Bob R. Simpson, co-chairman of the Texas Rangers, in 2012. 1944-D Lincoln Penny on a Zinc-Coated Steel Planchet, Lincoln Wheat Penny Key Dates, Rarities and Varieties, 10 Rarest and Most Valuable Coins in the World, Kennedy Half Dollar Values and Prices (1964-2015), The 1943-S Copper Penny Found by Kenneth Wing. 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. Real Helpful. A coin from the late 1700s has alsosold for more than $6,000. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. In 1944 all pennies were meant to be made from copper / bronze not steel. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." This Indian cent had a total of six bids at the close of the auction on eBay. Rather than a special addition, this penny is valuable for something it lacks. Since the very beginning, the images on the penny have symbolized the spirit of the country. This page is a work in progress, share to social media and check back later for updates. If you buy thru these links, we may earn a commission at no additional cost to you. This rare coin stands out among the Lincoln cents worth a lot of money. Take, for instance, the popular 1909-S VDB Lincoln cent. Visitors can click on the links in the list below to view larger images of both sides of the coins (mint mark locations, error/variety diagnosis, etc), detailed pricing data for various conditions/grades of the coins, mintage figures, metal composition, history and other encyclopedic information regarding each individual coin. The difference between this 1873 penny and the closed 3 listed above is the way the serifed ends of the 3 come near the middle of the digit. Maybe you have a collectible in a bowl or piggy bank you've forgotten about. It is the most valuable Lincoln penny in the world. The top 25 most valuable pennies. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. Source: PGCS.com. 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. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. We earn a small commission for purchases made through the links below, which helps keep our site running. This made is difficult for the federal government to obtain the metal needed for minting coins. How to Find Rare Coins Worth Money and Wanted by Collectors. But the move needed Congressional approval, so the mint produced a batch of about 800 of the new pennies and presented them to the lawmakers. 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. These were steel planchets that were coated in a layer of zinc to improve their luster. Pennies offer a plethora of errors and varieties some are fairly common and some are extremely rare. Fifteen bidders fought it out to get themselves this coin on eBay, with the winner shelling out $1,725. 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. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. 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. Check outsix other rare and valuable error coins worth up to $599. Extra notes: 1944 steel cents should technically be a weaker strike than 1943 steel cents. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. The high value of this coin is due to its uncirculated condition and its original copper-red color. In addition to the doubling of wording, the date and "S" mint mark are also doubled. Coins are in order from Most to Least expensive. These factors make this a very rare and valuable penny indeed. These coins look like an ordinary penny despite the fact the color is not copper and is much closer to the coloring of a dime. The 1914-D Wheat Cent is a great addition to anyones collection. The 1943 Copper Wheat Cent is a coin that was not supposed to exist. Well, heres a cheat sheet of the most valuablepennies to keep. As a collector, you eventually reach the point where you need to purchase your coins from a coin dealer or at auction to achieve the quality you want. This is an indication that they were not "helped" by some unscrupulous mint employee. Up until the late 1950s, Mr Brenner designed all the years ofthe coinsfeaturing Lincoln. Below we unveil the most valuable circulated pennies worth up to $11,128, based on recently completed eBay listings. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. 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. Get ready its a long list! This is a labor of love you might say, so it is resource intensive and slow. The list above also doesnt include proof Lincoln cents which you wouldnt ordinarily findin circulation. 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. USA Coin Book has compiled a list of the most valuable US pennies ever known. For example, many of the doubled die entries on the list above (such as the 1971, 1972, 1983, and 1984 doubled die Lincoln cents) are much scarcer in number than the 1877 Indian Head cent or 1914-D Lincoln cent, but are not as widely collected, thus the values of those somewhat more obscure coins are lower. 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. In 2018, an MS66+RD graded coin (pictured left) sold for $158,625. 24/100 - Rare Heavily Played Pokemon EX - Sandstorm . Thecoin sold in the listingis the Sheldon-189 version. The 8 over 7 is the most valuable of the three types. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. Because these are more plentiful than the D version of this error, coin grade or condition is much more important. Isn't it funny how having an extra ear can make a penny valuable? PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. We strive to put out videos as quickly as we can that c. There have been to our knowledge no coins in this condition and color found. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. 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. 1877 Indian Head penny, $2,650 Unlike the first five pennies listed in this article, the 1877 Indian Head cent isnt any type of error or pattern coin. Collectibles come and go. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. 3) Large One-Cent Pieces, Flowing Hair, Wreath Reverse 1793 S-NC-2 Strawberry Leaf PCGS MS-63 Value: Change 3 Mo 1 Yr 5 Yr 10 Yr 15 . Jan 2016 - AU55 $211,000. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. 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. Please ask any questions, can provide more pictures if needed, Keep an eye out for weekly additions to listings. Because of this long history, many people expect older coins to have more value. Back later for updates resulted in about 30 pennies being made from steel top 100 valuable pennies from! Brenner designed all the years ofthe coinsfeaturing Lincoln condition is much more important are order. 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