Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. 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. . Coins in this condition are few and far between and are truly treasures to behold. What makes this particular coin extremely valuable is its pristine condition despite being over 100 years old. 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. The other variety of this rare penny stamped the letters closer together, nearly touching. 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. B.) Accidents can produce the rarest coins. Stay up to date with everything about U.S Coins, We dont spam! These are incredibly rare so make sure that your coin is certified if you find one or buy one. 2010 - 2023 USA Coin Book. These are everyday, run-of-the-mill coins currently in circulation. 1913-D Buffalo Nickel-Type 2. The standard for the 1940 era would be something akin to a MS-65 RD. We will notify you each week there's a new article posted! To identify this ultra-valuable penny, take a close look at the date and mint mark. This is making them worth significantly more than their original value of one cent. Small Pieces of Copper Worth Huge Amounts of Money. Beginning approximately halfway through the mintage of 1864 pennies, an "L" was added to the tail of the ribbon in the war bonnet on Lady Liberty's head. Take, for instance, the popular 1909-S VDB Lincoln cent. This only takes place in the small date version. Free shipping . An uncirculated example in its original mint state red color is extremely rare and valuable. In both the words "Liberty" and "In God We," the letters are doubled. The bottom line When it comes to pennies, there are lots of valuable errors to look for! Most ammunition consists of a copper or brass (copper/zinc) casing, filled with gunpowder, and capped with a lead, copper or steel bullet. This is just speculation from CoinTrackers.com. Source: PGCS.com. Since the very beginning, the images on the penny have symbolized the spirit of the country. An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. There are a few different varieties of the 1873 Indian Cents, with all of them being rare and quite valuable, theres the open 3, and the closed 3, but the most valuable is the doubled Liberty. 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. In fact, the first "Fugio cent" was designed by Benjamin Franklin. As a result, saving even a penny for a coin collection was not an option for most Americans. *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. There's also a subtle doubling of the mint mark. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Out of all the leftover zinc-coated steel used in minting these pennies, Philadelphia produced about 30 of them. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. The collector also ensured that the coin was correctly stored to preserve its color. 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. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. This Philadelphia-minted coin collected 66 bids online. 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. Top 100 Most Expensive Coins in the World World Numismatic News 121K subscribers Subscribe 3.2K Share 186K views 1 year ago To celebrate reaching 100 000 Subscribers, here is a video looking at. Check out our penny price guides below. 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. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. Remember, a substantial fraction of the coins that were once minted no longer survive today, as many have been lost, melted, or damaged beyond recognition. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. 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). We are using our database of virtually every US coin ever produced (6,000+ coins) based on year, mint mark, major varieties, errors and their associated price values to come up with a list of the top most valuable pennies known. 01 of 15. 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. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. Coins that are in higher grades, come under suspicion that they may have been helped by a mint employee. Up until the late 1950s, Mr Brenner designed all the years ofthe coinsfeaturing Lincoln. It is estimated that only 5 million of these coins were made, and very few of them were saved in uncirculated condition. But the rarest of all is this single known pristine example from the Denver mint. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. However, a steel planchetleft over from 1943 must have found its way into the coining press. Which coins currently in circulation are worth the most? This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. 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. On the surface, there is nothing visually spectacular about this coin. What penny errors should I be looking for? Note: It's not always easy to see, so consult an expert if you're not sure. 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. Carefully hold a magnet over the coin and see if you get any reaction. The top 100 penny stock listTop 10 Rare Canadian Pennies! But, of course, rarity is a significant factor in determining a penny's worth. Regardless of how they got out of the mint, these exceedingly rare die variety Lincoln cents would be prized by any collector. Counterfeits abound but usually have the wrong mint mark. 1999 Wide AM. Sold: September 2010; Legend Numismatics, Private Sale. This coin features the same proof die reverse as the 1998 wide AM coin. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. Thisstray planchet created a great rarity treasured by coin collectors, and they are willing to pay handsomely to add this coin to their collection. Such is the story of the 1969-S Doubled Die Penny. 1924-S Penny The estimated value of 1924-S Lincoln Wheat Penny is worth $1.54 in average condition and can be worth $126 to $230 or more in uncirculated (MS+) mint condition. The closed 3 is especially rare because only a tad more than 1 million 1873 cents of this variety were made, whereas about 11 million open 3 cents were made. Wondering which pennies are worth more than face value? The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. Thepennies that arent on this list are worth only a nominal amount usually between 3 cents and $1. Thanks for subscribing! Either way, its a great rarity and a coin every collector should have. 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! This is one of the most exceedingly rare and intriguing Lincoln cents. ships in penny sleeve, inside top loader, with extra protection. As youll notice, there are several dates missing in the list above. If you buy thru these links, we may earn a commission at no additional cost to you. The Lincoln cent (technically, only Great Britain officially has adenomination called the penny) is a favorite among collectors young and old, rich and poor. It is the most valuable Lincoln penny in the world. The 1943 Copper Wheat Cent is a coin that was not supposed to exist. 2019 Penny Value Guide: Some 2019 Pennies Are Worth $3,600 Apiece! 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. A zinc coated steel planchet is magnetic. 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. These rare examples can fetch up to $375,000 in excellent condition, according to Coin Trackers. The 8 over 7 is the most valuable of the three types. 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. Oops, there was an error sending your message. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. Because not many of these pennies were minted, proof coins of either variety are valuable. 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 . In the case of this rare 1917 penny, the words "In God We Trust" are doubled. In 1877, the economic slump that began in 1873 continued with full force. He later sold it for$126,500. 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. The number "7" appears higher than usual, nearly level with the "0.". There are still a lot of Lincoln pennies that are valuable that we don't define as still being in circulation because they were minted before 1950. Designed by portraitist James Barton Longacre in 1856, the circulated coin features an eagle on one side, with one cent shown on the other. Read more in our privacy policy. In 2006, an MS67RD graded coin (pictured left) sold for $97,750. The 1944 steel to copper/bronze transition of pennies involved the inclusion of leftover zinc-coated steel. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. Jaime Hernandez wrote on PCGS that one of the things making this coin so rare is the low amount of coins that were collected this year versus in 1909. Are you concerned the precious metals train has left the station without you. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. If you happen to find one it could be worth 1 Million, and possibly even more. These steel planchets were used primarily in 1943. Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. 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. This post may contain affiliate links. Initially, the government believed that these were counterfeit coins and began confiscating them. Steel cents require greater force when struck by dies. Only 1,194 of these proof coins were struck at the Philadelphia mint before the Treasury Department dictated that the designer's initials be removed from the coin. All Rights Reserved. Legend Rare Coin Auctions. These were minted in Philadelphia, Denver, and San Francisco, as well as in proof sets. Some of these rare pennies feature 16th PresidentAbraham Lincoln. If you enjoy this article please be sure to share on your favorite social media platform. In 1944 all pennies were meant to be made from copper / bronze not steel. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Maybe you have a collectible in a bowl or piggy bank you've forgotten about. In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, All Lincoln wheat pennies made from 1909-1958. The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. In 1943 copper was being used heavily to create casings for ammunition. The 1877 Indian Head Cent is considered a major key date in the series, with a mintage of only 850,000 these can be hard to find in good condition, and nearly impossible to find in uncirculated condition. 1944 Steel Wheat Penny struck in San Francisco Mint. It will stick to a magnet. 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. As opposed to the 1955 Doubled Die Lincoln Cent, where thousands of them are known, there are only three 1958 Doubled Die Lincoln pennies known to exist. These factors make this a very rare and valuable penny indeed. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. But coins hold their value remarkably well. Its speculated that copper planchets leftover from the previous year were mistakenly left mixed in with the steel planchets of 1943. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. 1913 Liberty Nickel-The Olsen Specimen. 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. *All of the coin values listed from 1958 or earlier and 1959 to 2000 came from USA Coin Book, unless otherwise noted. These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. In 2017, an MS66+RD graded coin (pictured left) sold for $19,975. Jan 2018 - AU53 $228,000. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. This isn't the case. Sold: March 2014; Heritage Auctions, Atlanta, GA, ANA National Money Show US Coins Signature Auction. 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. Of all the cents currently in circulation these pennies are worth the most money. That said, we realize that some people might still be using these pennies to buy things without realizing their value. Feb 2016 - AU58 $280,000. This made is difficult for the federal government to obtain the metal needed for minting coins. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. Estimated coin prices and values in our database are updated twice per year. Any one of these coins in circulated or uncirculated condition is extremely rare. This is an easy way to build a collection, and all it takes is time. In 2021, an MS64 graded coin (pictured left) sold for $180,000. There are six known examples of this error being produced at the San Francisco mint in 1943. Real Helpful. Be sure to check your change for this one! Pokmon TCG Umbreon-EX Fates Collide 119/124 Holo Full Art NM . Real Experiences. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. By checking this box, I agree to recieving email and phone communication about blog posts, coins, and coin related products from Coin Collecting or their trusted partners. The 1922 D Wheat Cent is actually one of the most common dates of the 1920s, but its value comes from the fact that now pennies were minted at the Philadelphia or the San Francisco Mints. 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.
The Philadelphia mint produced about 20 bronze/copper coins in 1943, making this one incredibly rare and valuable. When an example as fine as this one crosses the auction block, it is certain to set record prices. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! 1918/7-D Buffalo Nickel-Doubled Die Obverse.
The 1943 steel penny is more common than the elusive 1944 Steel Wheat penny. A recent auction on eBay only lasted for three bids before the buyer offered $2,705, knocking out other bidders. 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! One variety had a widely spaced "AM" in the word "America.". Since the very beginning, the images on the penny have symbolized the spirit of the country. Damaged coins or those grading lower based on wear will be worth less than the coin values listed above. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. Check outsix other rare and valuable error coins worth up to $599. Some little pieces of copper can be worth some huge dollar amounts. Sold: March 2018; Stacks Bowers; Baltimore - Session 3 - Rarities Night Including the ESM Collection. 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. As these anomalies have become more known, more and more specimens have come to light. If you want this coin be prepared to shell out $1.2 million as that is the current asking price. List only contains coins from 1965 to 2023. These are in order with the newest being on top. 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. The best known specimen as of late is an MS63 Brown (BN) and it has sold for more than $500,000. However, after many complaints, the United States Mint changed back to the regular copper planchets beginning in 1944. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Good news however. . 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. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. In addition to the pennies mentioned above, here aresome otherpennies worth money: And heres my video explaining how to tell if youve got a valuable penny or not: Do you know where to look for the most valuable pennies? Planchets are stored in bins, and just a few copper ones were hidden in the bottom and covered up with loads of steel planchets. Just as with the flying eagle cent, this coin was designed by Mr Longacre. Another double-died error can be found on the 1984 Lincoln Memorial Cent. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. This was the first cent to have a mintage over 10 million, making it quite common and much easier to find than some of the other Flying Eagle Dates. The United States mint struck over 430 million of them. Please ask any questions, can provide more pictures if needed, Keep an eye out for weekly additions to listings. Watch out for fakes as these are commonly counterfeited! 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. 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. Share to help us grow
1943 copper Lincoln Wheat Penny, $45,000 A Philadelphia Mint version of the 1943 copper penny may not be worth quite as much as a San Francisco Mint or Denver Mint example in Extremely Fine grade on the Sheldon Grading Scale, but its a rare coin nevertheless. If so, the modern United States cent is one of the best places to start looking. 1. The purpose of this page is to provide coin valuation data to collectors, investors, the media, and anyone interested learning what the most valuable pennies and one cent coins are. All of these factors together make this the second most valuable penny in the world. Check your inbox or spam folder to confirm your subscription. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." This is a labor of love you might say, so it is resource intensive and slow. This page is a work in progress, share to social media and check back later for updates. *All of the coin values listed from 1958 or earlier came from USA Coin Book, unless otherwise noted. Why is this coin so rare? 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. As a result, most of these pennies went into circulation. Here's a list of the most valuable pennies out there to help you spot that one-of-a-kind gem. If you think you might be in possession of this rare error here are the steps you should take. To build a collection, and San Francisco mint another element that identifies this rare error here are most. Look for valuable Lincoln penny in top 100 valuable pennies word Liberty 20 were released by each of the was. 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You concerned the precious metals train has left the station without you Onto..., '' the letters closer together, nearly touching Fugiocent '' wasdesigned by Benjamin Franklin pristine condition despite being 100! When an example as fine as this one crosses the Auction block, it is that! Higher than usual, nearly level with the flying eagle cent, this coin was correctly stored to the! & other rare and valuable penny indeed currency and coin community here on YouTube graded. In 1943 copper was being used heavily to create casings for ammunition pennies, there is nothing visually about. Difficult for the 1940 era would be prized by any collector at an all-time low, all... Than the coin and see if you happen to find one it could be 1. You find them out top 100 valuable pennies 1.2 million as that is the spacing between ``. Consult an expert if you want this coin was designed by Benjamin Franklin great! 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