These dimes came to be known as Mercury Head dimes. 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. A used coin could sell for $75 or less, while a cleaner one could go for around $200. I, on the other hand, am simply holding onto my copper pennies with no particular plans except to perhaps search them someday for varieties, errors, and other interesting numismatic aberrations. If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. Search and sort using the search box and form below. If you have gold coins or silver coins that arent a collectors item, we recommend selling to top online metals buyer CashforGoldUSA or its sister site CashforSilverUSA. 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. $9,360,000. 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. Copper coins when first minted began as shades of bright red-orange-gold. Early date Lincoln pennies and higher condition coins are on the move. 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. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. Slightly more than 4 million of them were minted. There's also a subtle doubling of the mint mark. The other variety of this rare penny stamped the letters closer together, nearly touching. You never know, one of your pennies could be worth the price of a nice dinner or a whole lot more. They also offer professional coin grading. Some of these Wheat pennies are not as common as once believed. Auction record: $10,200 Heritage Auctions. Of all the cents currently in circulation these pennies are worth the most money. Minted 1793 to 1857; value charts list date and condition ranges of values. Compare and identify your coin to the picture, click on the image, and go immediately to your old coin value. Condition is also playing an increasing role. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. This is one of the most exceedingly rare and intriguing Lincoln cents. From Cents to Gold. Record Price. 10 Most Valuable Walking Liberty Half Dollars. However, some Lincoln cents have more than a penny's worth of copper in them, but it is illegal to melt them. Stone estimates that a coin in good condition could sell for up to $45. While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch. While the two most valuable coins on this list are coincidentally the rarest (between 20 and 40 specimens each of the 1943 bronze cent and 1944 steel cent are thought to exist), the order of which coins are most valuable doesnt necessarily correspond with the order of rarity. However, during the transition, some 2008-W Silver Eagles were accidentally stamped with the pre-2008 design. All Rights Reserved. However, a steel planchetleft over from 1943 must have found its way into the coining press. We recommend selling to CashforGoldUSA or its sister site CashforSilverUSA, which accept items like gold, silver, and diamonds in any form, including gold scrap, gold jewelry including chains, necklaces, earrings, bracelets, etc, silver jewelry, gold bullion, and dental gold. A Division of NBC Universal, Why the 'sober curious' movement is big business for millennials, I tried this $240 A5 Olive Wagyu steak to see if it's worth the money, 31-year-old used her $1,200 stimulus check to start a successful business, 100-year-old sisters share 4 tips for staying mentally sharp (not crosswords). The full backside of the coin is doubled. Coins in this condition are few and far between and are truly treasures to behold. So What Pennies Are Worth Money? The collector also ensured that the coin was correctly stored to preserve its color. One time, I found about200 copper pennies among 20 rolls of pennies, or $10 worth of one-cent coins. On April 25, 2013, a coin owned by Walton family heirs once believed to be fake was authenticated as the real fifth coin. This only takes place in the small date version. This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. Match your coins to each penny series value chart. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained. Coins on this list of most expensive pennies were minted as early as 1793. The United States mint struck over 430 million of them. And heres the story behind zinc pennies. But there are several valuable pennies worth money, much more than just a few cents apiece. Some pennies, originally worth a single cent, are now worth thousands of dollars. This post may contain affiliate links. 7 Rare Wheat Pennies Worth Collecting & What Theyre Worth, Lincoln Semi-Key Coins Versus Key Coins And Their Values, Most Valuable Pennies: A List Of The 43 U.S. Pennies Worth Holding Onto, Double Your Money Selling Copper Pennies By The Pound, 5 Money-Saving Tips For Collecting Lincoln Pennies. Scarcity and rarity from one date to the next vary greatly within each series. Though you're less likely to come across these highly prized pennies in your pocket change, the following are the most valuable Lincoln, Indian-Head, and Wheat Penny cents, as well as the most expensive pennies of all time. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. 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 created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. Using a step by step method discovers how much your old pennies are worth. If it sticks, the coin you have is made of steel and holds a lower value, though steel 1943 pennies that maintain their gray color are still worth a pretty penny and have sold for as much as $218,500 at auction. First of all, theyre worth more than face value. These newer, zinc-based Lincoln cents are often called Zincolnsand are widely available in circulation today. There are a lot of coins worth money some that have sold for hundreds of thousands or even millions of dollars. Of course, receiving 5 copper pennies weekly isnt a very efficient way of building a nice hoard of copper pennies. James Bucki. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. And they represent the introduction of the modern small cent size. In 1916, a new dime design replaced the Barber design coin that had been used since 1982. Most major and minor design features are now a flat surface. Good Grade: Heavy wear and a lack of remaining design is typical of a penny in Good grade. Out of all the leftover zinc-coated steel used in minting these pennies, Philadelphia produced about 30 of them. This coin was first discovered in 1970 and was reported by Coin World on the front page in its July 8, 1970 edition. Each series page covers grading in detail. Take, for instance, the popular 1909-S VDB Lincoln cent. Because of their uniqueness, theyre remarkably valuable. 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 1943 bronze Lincoln cent attracted nearly 30 bids and sold for $204,000 in January, according to Heritage Auctions, the organization that conducted the sale. These coins are also known as Winged Liberty Head dimes. Discover all the rare varieties, dates and mintmarks. Heritage auctioned a similar one in slightly lower grade for $186,000 earlier this month," he said. When the right coin is available and is needed for their collection, none hesitate to pay. In 2005, a collector discovered that some of these Sacagawea Cheerios Dollars had detailed veins in the eagles' tail feathers. Some auction houses offer free evaluations. Thieves in Philadelphia broke into a truck filled with $750,000 (598,000) worth of dimes. 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. Stay up to date with everything about U.S Coins, We dont spam! If you want to sell your collectible coins for the most money, Winter recommends finding a large national dealer or a reputable local dealer who is a member of the Professional Numismatic Guild. Earlier this year, an ordinary looking penny made headlines when it was found among the possessions of a man named Don Lutes. If you get caught scrapping pennies, you could end up paying $10,000 in fines and spend 5 years in the slammer prison, that is. 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, The 1943-S Copper Penny Found by Kenneth Wing, Lincoln Memorial Penny: Key Dates, Rarities, and Varieties, Kennedy Half Dollar Values and Prices (1964-2015), Top 10 Most Valuable U.S. The year 1971 was a good one for penny collectors. At a glance, these coins read In God We Rust, but you may be able to see a faint T on some coins if you look for it. These hubs are used to create metal dies, a reverse indentation of the coin design that is pressed onto a planchet to create the coin. Heres the short answer the one you probably dont want to hear: NO! As of this writing, anyway. It is estimated that only 5 million of these coins were made, and very few of them were saved in uncirculated condition. 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. The number "7" appears higher than usual, nearly level with the "0.". Small Pieces of Copper Worth Huge Amounts of Money. The coppery color of modern-day pennies is merely a thin plating of copper on a 99.2% zinc, 0.8% copper core. Here are 12 more valuable Lincoln pennies that you should definitely check for if you happen upon a very old penny. A deeply toned cent lacks a clear view of the coin, obscured by the deepness of color. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. Accurate recognition of dates also becomes important when separating variety and value. Some little pieces of copper can be worth some huge dollar amounts. "These are one of the easiest valuable pennies to find," he said. The doubling occurs from mistakes in the minting process, James Bucki, a coin expert at The Spruce Crafts, explained to CNBC Make It. Coin Values Discovery finds Penny Values and All old US coin values. What makes this particular coin extremely valuable is its pristine condition despite being over 100 years old. Thanks! Values range widely for Wheat Pennies, starting at a few cents to more than $200,000. This list and the prices are current as of 2023. This page is a work in progress, share to social media and check back later for updates. Date further identifies your coin and combined with availability, establish value. Valuable coins list 2022/2023. In commemoration of the bicentennials of the Louisiana Purchase and the Lewis and Clark expedition, the U.S. Mint resurrected the bison design as part of the four-coin Westward Journey Nickel Series. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. It's likely that an entire run of 250,000 pennies were printed this way, he said. All coins in this list however are. Circulated Lincoln Wheat cents with soft even toning, highlighting the remaining design, are appealing to beginning collectors. Their prices are climbing to reflect the demand. 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. Subscribe to CNBC Make It on YouTube! Lutes owned the coin until his death in 2018. There is no noticeable bag mark on the coin's surface, and it has retained its original bright red-orange copper color. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Additionally, they can help get your coin certified by a grading service and guide you through the entire selling process. Five coins were confiscated and destroyed before they were acknowledged as being genuine. How often have you found an S mint Lincoln Memorial copper penny in pocket change? The Value of an Indian Penny | Very Solid. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. Older copper pennies are 95% copper and 5% something else. $20 Saint Gaudens Double Eagle 1933 "King Farouk of Egypt". There are believed to only be about 20 of these rare coins in the world. 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. These steel planchets were used primarily in 1943. Many people spend the Half Dollars from 1965 to 1970 or sell them in rolls of halves they take to the bank, not realizing they are 40 percent silver. Flying Eagle Penny Values | Discover Their Worth. 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. *All of the coin values listed from 1958 or earlier and 1959 to 2000 came from USA Coin Book, unless otherwise noted. These are Lincoln penny coins to look for in circulation or in your pocket change. This coin had an RRP of $80 and a mintage of just 5,000. A 1931-S could be worth $40 or more. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. The finest known 1792 Birch cent sold at a Heritage auction in 2015 for nearly $2.6 million, making it the most ever paid for a one-cent piece at auction, he said. After all, over 4 million of them minted at the San Francisco mint. Coin. These copper coins date back to the beginnings of the mint. Coins are in order from Most to Least expensive. Having one in its original copper-red color makes it much more extraordinary. Below we unveil the most valuable circulated pennies worth up to $11,128, based on recently completed eBay listings. While the Secret Service was trying to recover as many fakes as possible, they discovered several authentic 1969-S Doubled Die Obverse cents, which they initially believed were fake and destroyed increasing the rarity of the already rare coins. As a result, most of these pennies went into circulation. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. For 2008, the U.S. Mint decided to modify the reverse design of Silver Eagle coins. Half cents are a series with many examples in very worn condition. 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. 1931-S Wheat Penny Value: $70-$150 Auction Record: $18,600 Shop 1931-S Wheat Cents on eBay.com The 1931 S Lincoln Wheat Penny is a key date in the series, with only 866,000 coins minted. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. What makes this coin extremely rare is its exceptional condition that combines a nearly flawless coin with a sharp strike from a fresh set of coin dies. Mintmarks became important to penny values starting in 1908. For official written appraisals for insurance and estate planning, expect to pay $75 to $150+ per hour. A handful of these 1990s pennies didnt get the signature "S" mint mark. In the close "AM" variety, the "FG" is closer to the building. Last year, one sold for $35,000, according to Coin World, a popular news and analysis website for collectors. Another great American coin that specialists study intensely and avidly collect. In my 3 to 5 weekly cash transactions involving 2 to 4 pennies, I probably find between 2 and 5 copper pennies each week. The 1999 Connecticut Quarter is the fifth design released in the 50 States quarter collection. 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. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. Tops of elements such as strands within hair, cheek, and open fields are closely judged. 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. It simply is a regular-issue piece that was struck in relatively low numbers. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Wheat pennies begin at 2 cents to highs found with early colonial large cents valued in the thousands. It's also one of my favorite coins! A 1933-D, for example, may be valued at $2.30 or more. What sets this special penny apart from the crowd is a doubling of the date, with a smaller set of digits appearing on top of the larger set. Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. Some of these cents can become extremely valuable for coin collectors, like the first place on our list that reaches $100,000! There's also some light doubling on the date. The San Francisco branch mint began coining Indian pennies. #2 Other Copper Pennies That Are Valuable. If you have any of the coins on this list or other coins worth money, you should always have them authenticated by a reputable coin dealer, like a member of the Professional Numismatists Guild, before trying to sell: In 1942 in an effort to save copper for ammunition in World War II the U.S. Mint began producing steel pennies for the first time in history. From half cents, large cents, Indian pennies, and Lincoln cents all have unique examples of value added by special qualities. Auction record: $372,000 - Heritage Auctions*. Bottom line: OK, we'll admit it. to the coin's reverse, at the bottom between the two stalks of wheat. 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). Sold: January 2013; Stack's Bowers Galleries, Americana Auction. 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. Coin. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For, 1968-S, 261,311,510 business strikes minted, 1960-D/D Small Date Over Large Date, $100. The story behind copper 1943 Lincoln Pennies is presumed to be a pure accident at the U.S. Mint perhaps a few leftover copper planchets from 1942 were stuck in the coining press system and struck with 1943 penny dies. 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. Most pennies are worth 1 cent, but to coin collectors, some are worth more than their weight in gold. Real Experiences. That makes them much easier to find than the 1969 Doubled Die coins. To be precise: Copper pennies made up until 1962 had a 5% balance . This penny exhibits doubling on the date and lettering on the obverse. Your email address will not be published. How to Find Rare Coins Worth Money and Wanted by Collectors. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. Roughly 250,000 of these pennies were minted, he said. Pre-1960 Lincoln Wheat Pennies: These pennies were produced between 1909 and 1958 and feature an image of Abraham Lincoln on one side and wheat stalks on the other. 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! In this case, some of that grease made its way onto the surface of the coin die, filling the spot where the first T indentation was supposed to happen. Keep reading to learn which pennies, nickels, dimes, quarters, and other coins are worth a lot of money if youre lucky enough to have them in your possession. This is a labor of love you might say, so it is resource intensive and slow. Of all the modern Lincoln cents the Wheat Penny stands out the most. Often it is these subtle points elevating a coin to solid collector quality and appeal. Sold: August 2017; Heritage Auctions, Denver, CO, ANA U.S. We look at 10 super rare pennies worth money. Most people think that the silver in U.S. coins ended in 1964, but this isn't true. Some of these one cent coins are worth hundreds! Since this coin exhibits evidence of circulation and must have exited the mint via regular distribution channels. Being more common, they're also less valuable. Here's a rundown of 10 of the most expensive pennies made since 1900: 1. 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. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. "Several prototypes for the cent were produced in 1792, including the large Birch cent.". *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. If you think you've found a 1943 Bronze Lincoln, the Mint suggests testing it with a magnet first. These large numbers of collectors, building collections are putting a heavy demand on the rare dates and better condition coins. Additional video helps to identify many subtle points to grading coins. 1969 Washington Quarter. As a result, saving even a penny for a coin collection was not an option for most Americans. Condition is judged comparing to images, video and descriptions. 2004-D Wisconsin Extra Leaf Quarters have extra husks on the left side of the corn stamped onto the coin. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. From rare dates to rare very small details, if they are in your box you will find the rare pennies. On the surface, there is nothing visually spectacular about this coin. Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because they're so rare. If you ever come across one of these rare pennies, don't use it on a parking meter. It's a strange piece and one well worth looking for! 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. 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. What years of pennies are worth money? 1909-S Indian Cent: $300 to $1,000+ Image: USA CoinBook. Each of these coins are worth around $1 million if they are in good . They also offer professional coin grading. 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. Comparing the coins in the image; nicely toned, circulated examples project pleasing eye appeal. A case for needed reform . 1969-S Doubled Die Penny. Collectibles come and go. Also called the 1982 No P Dime, these dimes were the first and only U.S. business strike coin (a coin intended for circulation) that accidentally left the U.S. Mint without being stamped with their designated mint mark. Series are identified along with dates and mintmarks. You can also find information about popular coins in The Red Book, A Guide Book of United States Coins 2022 75th Edition. While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch cushions. In 1877, the economic slump that began in 1873 continued with full force. Auction record: $126,500 Heritage Auctions. Both sites have an A+ Better Business Bureau rating, payments within 24 hours, and a 100% customer satisfaction guarantee. Here are some examples of pennies that are worth looking out for: 1. As of this writing, theyre worth 2 to 3 cents each due to their copper value. The most elusive of these coins was owned by George Walton, the youngest signer of the Declaration of Independence. Using a step by step method discovers how much your old pennies are worth. A used one of these might be worth about $100, while a cleaner one could go for $500, he said. Estimated coin prices and values in our database are updated twice per year. But, of course, rarity is a significant factor in determining a penny's worth. 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. One example circulated for a while before being picked up by a collector. Although it may sound like a lot, the average mintage numbers are usually in the millions! $55. 1944 Steel Cents 1944 Steel Wheat Penny struck in San Francisco Mint. Note: It's not always easy to see, so consult an expert if you're not sure. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. The most valuable 1980 penny with no mintmark sold for $2,232.50 in a 2017 auction. Large cents, recognized by the denomination on the reverse, are worth close inspection. In fact, in 2019, a 1943 bronze Lincoln cent sold at auction for $204,000, and in 2015, a Birch cent, one of America's first pennies, was bought for $2.6 million dollars. These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. The four currently operating U.S. Mints are: Auction record: $2,185 Heritage Auctions. The better the quality of the coin, the more it could be worth. *All auction records are from the Professional Coin Grading Services (PCGS). Do you have any of these coins in your penny jar? Date version mintage, more of them were minted, he said U.S. coins ended in,... 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