The list above also doesnt include proof Lincoln cents which you wouldnt ordinarily findin circulation. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Since the very beginning, the images on the penny have symbolized the spirit of the country. Real People. Just a few leftover copper penny planchets from the early 1940s were accidentally used to create 1943 Copper Pennies. A.) Oops, there was an error sending your message. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. Feb 2016 - AU58 $280,000. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). Think of how much ammunition was needed during world war three, and then you can begin to understand why the US Mint switched from copper to steel planchets. This is just speculation from CoinTrackers.com. While a circulating coin typically lasts 30 to 40 years, some lucky collectors have found pennies minted in the mid 1900s . Jan 2018 - AU53 $228,000. Of all the cents currently in circulation these pennies are worth the most money. Some pennies, originally worth a single cent, are now worth thousands of dollars. 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). Another Indian centsold for more than $3,000 online. 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. These are incredibly rare so make sure that your coin is certified if you find one or buy one. If so, the modern United States cent is one of the best places to start looking. The United States mint struck over 430 million of them. Sold: August 2014; Heritage Auctions, Chicago, IL, ANA US Coins Signature Auction. Image: USA CoinBook. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. According toCoinTrackers, just 850,000 of these rare pennies were minted. 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. 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. Why so few? 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. 24/100 - Rare Heavily Played Pokemon EX - Sandstorm . This is making them worth significantly more than their original value of one cent. A close examination of Lincoln's ear shows a definitive double stamp. 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. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. 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. Nov 2020 - MS63 Brown $500,000. ships in penny sleeve, inside top loader, with extra protection. In 2006, an MS67RD graded coin (pictured left) sold for $97,750. This coin is considered a key date in the series. The full backside of the coin is doubled. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. 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. This error is similar to the 1943 D Struck on Bronze Planchet, there are however more specimens with the S mint mark. In 2021, an MS62 graded coin (pictured left) sold for $372,000. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. The penny has been part of US currency almost as long as the country has been independent. This 1982 Copper Penny Is Worth $10,000! 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. It will stick to a magnet. "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.". Source: PGCS.com. Either way, its a great rarity and a coin every collector should have. Many citizens hoarded gold, silver, and copper coins as a store of wealth. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. Carefully hold a magnet over the coin and see if you get any reaction. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. Most Valuable US Pennies - Highest Value 1 Cent Coins USA Coin Book has compiled a list of the most valuable US pennies ever known. However, newspaper reporters had an issue with the placement of the initials, which were located on the bottom of the reverse side of the coin, according to Professional Coin Grading Service president Ron Gruth. If you buy thru these links, we may earn a commission at no additional cost to you. 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. 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. Here's a list of the most valuable pennies out there to help you spot that one-of-a-kind gem. Another double-died error can be found on the 1984 Lincoln Memorial Cent. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. One factor contributing to this coin's significant value is its low mintage. 10 Most Valuable Walking Liberty Half Dollars. This is one of the most popular and controversial coins among collectors. The collector also ensured that the coin was correctly stored to preserve its color. Because not many of these pennies were minted, proof coins of either variety are valuable. 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. 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. All of these factors together make this the second most valuable penny in the world. All Rights Reserved. These factors make this a very rare and valuable penny indeed. 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. This coin is the second example of a 1943 Lincoln cent that should have been struck on a zinc-plated steel planchet but was instead coined on a bronze planchet. The bottom line When it comes to pennies, there are lots of valuable errors to look for! Nearly all of the 1943 Lincoln Wheat Cent produced are steel cents, but there were some that used copper planchets in addition to the steel. Be careful not to scratch the coin however. Share to help us grow B.) What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. Some pennies, originally worth a single cent, are now worth thousands of dollars. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. Originally created as presentation pieces to show to members of Congress, other dignitaries, and even collectors, they eventually made their way into circulation over the years. Which coins currently in circulation are worth the most? Having one in its original copper-red color makes it much more extraordinary. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. That said, we realize that some people might still be using these pennies to buy things without realizing their value. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. Fifteen bidders fought it out to get themselves this coin on eBay, with the winner shelling out $1,725. Our most valuable coins list includes coins starting in 1793 up to the present (2023). 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! This Indian cent had a total of six bids at the close of the auction on eBay. During this time, all the pennies were made of steel, as copper was needed for the War effort. 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 most expensive coin on the list is also an Indian Head cent. These rare examples can fetch up to $375,000 in excellent condition, according to Coin Trackers. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. Coin Chart: Tap a '+' sign to expand further coin details. Most ammunition consists of a copper or brass (copper/zinc) casing, filled with gunpowder, and capped with a lead, copper or steel bullet. Real Helpful. These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. These planchets were then fed into the machines and struck by the die means for the 1944 copper penny, creating 1944 Steel cent errors. 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. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. This penny is the rarest date of all the Indian Head pennies ever minted. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. The penny features the letters VDB on the bottom of the back of the coin, which are the initials of designer Victor David Brenner. Coins Signature Auction. Thanks for joining the currency and coin community here on YouTube! There's also a subtle doubling of the mint mark. 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. Coins list is recomputed with each pricing update. Its also one of my favorite coins! Most recent sales of the 1943 Copper Penny. These are in order with the newest being on top. 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. The high value of this coin is due to its uncirculated condition and its original copper-red color. Stay up to date with everything about U.S Coins, We dont spam! The 1944 steel wheat penny is another instance of the United States Mint using the wrong planchet. Free shipping . The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. to the coin's reverse, at the bottom between the two stalks of wheat. USA Coin Book has compiled a list of the most valuable US pennies ever known. 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. Im the Coin Editor here at TheFunTimesGuide. 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. 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. Almost every collector of United States coins began collecting the Lincoln penny. In 2006, an MS66 graded coins sold for $32,200. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. Some little pieces of copper can be worth some huge dollar amounts. Sold: March 2014; Heritage Auctions, Atlanta, GA, ANA National Money Show US Coins Signature Auction. 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. 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! This page is a work in progress, share to social media and check back later for updates. 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. This coin should've had a "D" for its Denver mintage, but the space on this coin is blank. 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. 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. What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. This one, however, can earn you more than $1,000. 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. 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. 2010 - 2023 USA Coin Book. List of the Top 100 Modern Coins The Details The modern coin era began in America in 1965, the first year the U.S. Mint produced copper-nickel "clad" coins as replacement for silver coins, ending an unbroken, 173 year tradition. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. . Why It's Worth So Much: Copper wasadded to the penny in 1944; the alloy also incorporatedrecycled ammunition shells. 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 DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." These were minted in Philadelphia, Denver, and San Francisco, as well as in proof sets. 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. After all, over 4 million of them minted at the San Francisco mint. Value. This coin had a doubled "D" mint mark thats easily visible. There are about 30 of these coins in existence today. This is an easy way to build a collection, and all it takes is time. Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. That may seem like nothing unusual but some of these have unique features about them that are attracting buyers. 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. 1944 Steel Wheat Penny struck in San Francisco Mint. C $18.15 Free shipping 187 sold. 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. He later sold it for$126,500. 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.. Mr Hernandez wrote of this coin that it's the only Lincoln cent in the entire series which lacks its intended mint mark. Just as with the flying eagle cent, this coin was designed by Mr Longacre. A recent auction on eBay only lasted for three bids before the buyer offered $2,705, knocking out other bidders. Some believe it was a mistake, while others think someone created the coins deliberately. 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. Since the very beginning, the images on the penny have symbolized the spirit of the country. We earn a small commission for purchases made through the links below, which helps keep our site running. 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. The standard for the 1940 era would be something akin to a MS-65 RD. This isn't the case. Pennies offer a plethora of errors and varieties some are fairly common and some are extremely rare. The 1914-S Lincoln cent is by no means a rare coin. 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 wheat cent is the only example known to exist. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. It is the most valuable Lincoln penny in the world. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. The close "AM" version is the more valuable penny of the two. This made is difficult for the federal government to obtain the metal needed for minting coins. Because of their uniqueness, theyre remarkably valuable. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. You'll receive a confirmation email shortly. Estimated coin prices and values in our database are updated twice per year. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, All Lincoln wheat pennies made from 1909-1958. A coin from the late 1700s has alsosold for more than $6,000. 1922 No D plain Lincoln Wheat Penny, $2,050 Repairs to a damaged coin die left the 1922-D cent without any visible trace of its mint mark, leaving a coin that many thought back in the mid 1920s was a typical unmarked penny from the Philadelphia Mint. 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. This is one of the most exceedingly rare and intriguing Lincoln cents. Experts claim that plates of this metal were slipped in during the minting by . This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. The number "7" appears higher than usual, nearly level with the "0.". For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. Isn't it funny how having an extra ear can make a penny valuable? We've compiled a list (with ref pictures) of the most valuable Lincoln penny errors that are in regular everyday circulation. 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. Auctions, Atlanta, GA, ANA National money Show US coins Signature Auction collectors have found minted. Unusual but some of these coins in existence Today modern United States Mint locations, including a magazine. The rarest date of all the cents currently in circulation are worth and! 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