The image of a bison initially adorned the reverse of the nickel from 1913-1938, before transitioning to the Jefferson nickel, which is still in circulation today. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. It is estimated that only 5 million of these coins were made, and very few of them were saved in uncirculated condition. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. So which pennies are worth money? They also offer professional coin grading. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. Their demand is supporting strong values, high condition examples are avidly sought. These are some of the most valuable coins in circulation, based on PCGS record auction pricing: Online appraisals for valuation and selling purposes are available for free, including by auction houses that will list your item. It's likely that an entire run of 250,000 pennies were printed this way, he said. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. 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. 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. In the bison series, there were several coins discovered to have a large die gouge a raised feature that appears on a coin when a die is damaged. $55. Double-die pennies, coins struck twice by a metal die during the minting process resulting in doubled artwork . Many copper coins exhibit subtle qualities, when recognized, add to understanding potential value. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. Some of these cents can become extremely valuable for coin collectors, like the first place on our list that reaches $100,000! 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 chosen design proposed by New York sculptor John Flanagan was minted on a silver alloy from 1932 to 1964, with the exception of 1933. To be precise: Copper pennies made up until 1962 had a 5% balance . Source: PGCS.com With this many coins in circulation even the most knowledgeable of collectors needs a tool to help them sort through their coins. Accidents can produce the rarest coins. In the close "AM" variety, the "FG" is closer to the building. The close "AM" version is the more valuable penny of the two. Coin Values Moving with Precious Metals: Up-Dated 4/17/2023: Gold $2009 | Silver $25.38. !To check out o. Worth. The 1922 Lincoln Wheat Cents were minted at the Denver Mint using a "D" lettered coin die. This is an indication that they were not "helped" by some unscrupulous mint employee. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. "It's especially obvious in the words 'ONE CENT' and 'E PLURIBUS UNUM.' Coins on this list of most expensive pennies were minted as early as 1793. In this case, the doubling is on the reverse of the coin. So, thats why I turn to coin roll searching. Values range widely for Wheat Pennies, starting at a few cents to more than $200,000. A close examination of Lincoln's ear shows a definitive double stamp. A handful of these 1990s pennies didnt get the signature "S" mint mark. "Several prototypes for the cent were produced in 1792, including the large Birch cent.". However, during the transition period between 1942 and 1943, there were a number of leftover copper planchets (the plain metal discs used to make coins) that were accidentally struck with 1943 dates. Last year, one sold for $35,000, according to Coin World, a popular news and analysis website for collectors. While the designs appear similar, the fonts and some design elements were changed. Only nine other Lincoln wheat pennies have a lower mintage. Their prices are climbing to reflect the demand. Without further ado, my Top 10 Rare Canadian Pennies! Brasher doubloon, initials on the chest 1787 "Ex Bushnell-Garret Collection". 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. What year steel pennies are worth money? "A nice circulated example, like Lutes' coin, could sell for around $150,000 to $200,000. We look at 10 super rare pennies worth money. Similar to the other 1944 pennies mentioned here, there were only two San Francisco-minted steel pennies produced in 1944. But coins hold their value remarkably well. It's a strange piece and one well worth looking for! Most Mercury dime dates can be obtained with little difficulty, though some are extremely rare in high grade. 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. 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. 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. Brenner added his initials V.D.B. There are two different varieties one with a leaf that appears lower on the corn (more common), and one with a leaf that appears higher. CashforGoldUSA is our top choice for selling coins for scrap because: Get money for your coins today with CashforGoldUSA >>. An excellent picture index of all major US coin series. The DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. Some of these one cent coins are worth hundreds! If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. When the right coin is available and is needed for their collection, none hesitate to pay. Most Valuable Half Dollars: A List Of Silver Half Dollars, Kennedy Half Dollars & Others Worth Holding Onto! This page is a work in progress, share to social media and check back later for updates. The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. Coins Signature Auction. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. Another double-died error can be found on the 1984 Lincoln Memorial Cent. Click coin image to view full-size image. 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. It's not going to really give you an accurate value, but it'll give you an idea of what the value is relative to the most common issue of a type.. Large cents with pleasing surfaces, lacking deep marks are somewhat elusive and special coins. Coins are in order from Most to Least expensive. Some error coins in this collection (not just the Connecticut quarter) were either broadstruck meaning they were struck outside of the retaining collar of the coin or double or triple stamped. To have all three initials ona coin's design was unheard of. Thieves in Philadelphia broke into a truck filled with $750,000 (598,000) worth of dimes. To lower costs, the United States Mint sought to reduce the size of the penny (to its current diameter). Hereare someold copper pennies worth saving, #1 S Mint Lincoln Memorial Copper Pennies. Each design has high points judged to detect any smoothing and removal of luster. The 1999 Connecticut Quarter is the fifth design released in the 50 States quarter collection. A penny's worth depends on its quality and rarity. The 1969-S doubled die penny is among the most valuable Lincoln Memorial pennies, which were minted from 1959 through 2008. This 1943 Lincoln penny should have been struck on a zinc-plated steel planchet but was in fact made with a bronze alloy planchet. Coin values are determined by using the grading images to judge condition then checking the date and values on the charts provided. 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! 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. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. In 1969, two men named Roy Gray and Morton Goodman began producing fake 1969 Doubled Die Lincoln cents and other counterfeit coins. Copper coins when first minted began as shades of bright red-orange-gold. It was soon learned that only the Denver Mint struck pennies in 1922, and one-cent coins without a mint mark but bearing that date were in fact mistakes. 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. They're worth far more than the famous 1909-S VDB penny - the rarest regular-issue Lincoln cent: The 1944 steel penny is worth between $75,000 and $110,000, depending on its condition. Not because of its date of minting, but because of its die variety. Many large cents in nice condition with abundant detail remaining, are a valuable find. However, experts with PCGS believe there are potentially up to 150,000 of these coins in existence. Often it is these subtle points elevating a coin to solid collector quality and appeal. 1969 Washington Quarter. All coins in this list however are. Proceeds of the sale went to the Berkshire Athenaeum in his hometown of Pittsfield, Massachusetts, according to the Dallas-based auction house. These dimes came to be known as Mercury Head 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. But there are several valuable pennies worth money, much more than just a few cents apiece. 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. From Cents to Gold. Be sure to check your change for this one! Mint State Grade: A coin with no wear to the surface is considered Mint State grade. In addition to the doubling of wording, the date and "S" mint mark are also doubled. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. 1971 Kennedy Half Dollar. This act required the U.S. government to purchase large quantities of silver and turn them into silver dollars, which were called Morgan Dollars after their designer, George T. Morgan. It is believed that less than 100 examples of the authentic 1969-S Doubled Die Obverse cents still exist, with only 40 examples ever certified. Some auction houses offer free evaluations. 10 Most Valuable Walking Liberty Half Dollars. Auction record: $126,500 Heritage Auctions. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. From half cents, large cents, Indian pennies, and Lincoln cents all have unique examples of value added by special qualities. The 1913 Liberty Nickel was produced by the U.S. Mint, with only five coins believed to be in existence. There are a lot of coins worth money some that have sold for hundreds of thousands or even millions of dollars. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. (adsbygoogle = window.adsbygoogle || []).push({}); CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Once again, the mint erroneously used a proof die to strike normal circulation coins. Flying Eagle pennies, a short running series range in worth and desirability depending on date and 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. How to Find Rare Coins Worth Money and Wanted by Collectors. For 2008, the U.S. Mint decided to modify the reverse design of Silver Eagle coins. OK, we'll admit it. These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. 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. This coin had a doubled "D" mint mark thats easily visible. Out of all the leftover zinc-coated steel used in minting these pennies, Philadelphia produced about 30 of them. Toning begins immediately and starts to deepen the colors turning shades of brown. You do the same comparing to images of the different grades and matching your coin. $55. This is one of the most exceedingly rare and intriguing Lincoln cents. For official written appraisals for insurance and estate planning, expect to pay $75 to $150+ per hour. Visit the series page for value charts and details on how to value your old penny. As always, nicer, better preserved coin are always worth more. Note that the price youre likely to get for even the rarest coins will typically be affected by the condition of the coin. 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. Dont even think about trying to sneak a few copper pennies over to the scrap yard. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. So, check your change and coin roll hunt too! 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. Mintmarks are listed and valued on Indian and Lincoln value charts. Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. *All of the coin values listed from 1958 or earlier and 1959 to 2000 came from USA Coin Book, unless otherwise noted. 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. The 1969-S (San Francisco Mint) is no exception, and its not only one of the most expensive small cents, but also the priciest among the Lincoln Memorial series. This came about because in the 1990s and early 2000s, the Mint used different dies for producing coins for circulation and proof coins for collectors, explained Bucki. Most people think that the silver in U.S. coins ended in 1964, but this isn't true. However, the flat spots do not connect, separation of high areas remain. Until then Philadelphia produced all cent and two cent denominations. Check your inbox or spam folder to confirm your subscription. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. Most Valuable Canadian Pennies 1. 1. One variety had a widely spaced "AM" in the word "America.". Sold: March 2018; Stacks Bowers; Baltimore - Session 3 - Rarities Night Including the ESM Collection. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. I primarily collect and study U.S. coins produced during the 20th century. All Rights Reserved. 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. A used coin could sell for $75 or less, while a cleaner one could go for around $200. This only takes place in the small date version. A 1933-D, for example, may be valued at $2.30 or more. 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. Penny values are date specific. 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. These are auction records for the rarest Mercury Dime series: 1921-D: $23,500 Legend Rare Coin Auctions. Coins Found in Pocket Change. 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. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. "These are one of the easiest valuable pennies to find," he said. The 1914-S Lincoln cent is by no means a rare coin. The full backside of the coin is doubled. 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. Your email address will not be published. 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. Value: $50,000 to $70,000+ There are few Lincoln Memorial pennies more rare or valuable than the 1969-S doubled die. Condition is also playing an increasing role. These old pennies are getting harder to find as more and more people are looking for copper pennies and are removing them from circulation. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. Heritage auctioned a similar one in slightly lower grade for $186,000 earlier this month," he said. It is the most valuable Lincoln penny in the world. Leighann was named one of Pittsburgh Magazine's '40 Under 40 Honorees' for spearheading a social media campaign to connect people with COVID-19 vaccines and resources. 1873 doubled Liberty Open 3 Indian Head penny, $1,650 This is simply another version of the 1873 doubled die Indian Head penny. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. There are estimated to be about 15-20,000 of these pennies still in existence, though there are many counterfeits on the market. Coin Chart: Tap a '+' sign to expand further coin details. Its reverse contains two ears of wheat, and the words One Cent, United States of America, and E Pluribus Unum. Preparing and selling wheat pennies for the best value is possible. As of this writing, theyre worth 2 to 3 cents each due to their copper value. Grading is judging the surfaces and identifying the amount of wear or lack of wear. 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. You never know, one of your pennies could be worth the price of a nice dinner or a whole lot more. Copyright 2007-2023 Daniel A. HarrisAll Rights Reserved. Compare your now very old Indian pennies to the series value chart. Sold: September 2010; Legend Numismatics, Private Sale. A very popular and recognizable coin; from beginner to advanced collectors, all enjoy the collecting of Indian Head pennies. All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the key date Wheat pennies. 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. 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. Thisstray planchet created a great rarity treasured by coin collectors, and they are willing to pay handsomely to add this coin to their collection. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." Small Pieces of Copper Worth Huge Amounts of Money. Series are identified along with dates and mintmarks. Slightly more than 4 million of them were minted. Many of these coins exhibit wear from circulation. Sold: January 2004; Heritage Auctions, Orlando, FL, FUN Signature Auction. Stay up to date with everything about U.S Coins, We dont spam! In 1955, the Mint accidentally struck a working hub and a working die together when they were both slightly rotated differently from one another, leaving a double die impression. Half cents are a series with many examples in very worn condition. Coin Values Discovery finds Penny Values and All old US coin values. $18,872,250. *Values are for coins in Extremely Fine-40 grade. 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. Of all the modern Lincoln cents the Wheat Penny stands out the most. Keep that in mind! *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. Most of these S-Mint Lincoln Memorial cents have been pulled from circulation, so they rarely turn up in pocket change anymore. And they represent the introduction of the modern small cent size. Silver Half Dollars. 2023 Wealthysinglemommy.com, Single Moms: Date, parent and make money like a mother, How and where to sell gold coins for the best price, Why is child support so unfair to fathers? Each of these coins are worth around $1 million if they are in good . There are more than 10 doubled dies for the 1972 Lincoln cent, but Type 1 is the most valuable. The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. 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. It simply is a regular-issue piece that was struck in relatively low numbers. Step 1 image and text links lead to series pages of in-depth coverage. This penny is the undisputed "King" of Canadian Pennies! A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. This is a labor of love you might say, so it is resource intensive and slow. It turns out that not every penny is worth just one cent - some could actually be worth hundreds of thousands of dollars. These are Lincoln penny coins to look for in circulation or in your pocket change. 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. An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. 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. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. Its just not worth it. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. If all lines are separate and sharp the coin is showing signs of grading Extremely Fine or better. She is also the co-author of "The Geek Gap" and vice president of the American Society of Journalists and Authors. In both the words "Liberty" and "In God We," the letters are doubled. Want to know what the most valuable pennies are? Condition is one of the subtle steps affecting penny values. The suspects made off with a chunk of the cargo - leaving 10-cent coins scattered around a Philadelphia . Some pennies, originally worth a single cent, are now worth thousands of dollars. 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. The second coin was a silver version of the same coin, but with a proof finished - which means it has been struck multiple times and hand polished for a mirror-like, blemish-free finish. Mintmarks became important to penny values starting in 1908. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. Each series page covers grading in detail. Gray asked a collector named Robert Teitelbaum to sell the illegal coins and to place 85 of them into circulation in Washington. The high value of this coin is due to its uncirculated condition and its original copper-red color. Step 1 above are image links to match your coin. 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. There are about 45,000 of these coins in existence. The Red Book, A Guide Book of United States Coins 2022 75th Edition, Pittsburgh Magazine's '40 Under 40 Honorees', Doubling to the Southwest on all four digits on the date, IN GOD WE TRUST on the other side doubled toward the East, D: Dahlonega Mint (coins from 1861 and earlier Denver didnt open until 1906), 1969-S Lincoln Cent With a Doubled Die Obverse, $54,625, 2004-D Wisconsin State Quarter with an Extra Leaf, $6,000, 1970-S Large Date Lincoln Cent With a Doubled Die Obverse, $3,675, 1972 Lincoln Cent With a Doubled Die Obverse, $1,150, 1999 Wide AM Reverse Lincoln Cent, $250, 10% bonus if you send in your item within 7 days. "The regular run was supposed to have the letters 'A' and 'M' in 'AMERICA' almost touching, and the special proof coins were supposed to have a wider space between those letters," said Bucki. Before you leave remember to share this page with your friends on your favorite social media platform to help us grow. While the The Coinage Act of 1873 demonetized silver, putting an end to silver dollar production, the Bland-Allison Act was passed in 1878 in response to poor economic conditions at the time. At least, that's what was supposed to happen. Initially, the government believed that these were counterfeit coins and began confiscating them. Under the same law, its illegal to melt 5-cent coins for their copper value, too (yes, nickels are actually 75% copper). While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch. 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. Most of them pulled the coins out of circulation. Providing for safe handling, preserving of value and organizing your box of old coins. How often have you found an S mint Lincoln Memorial copper penny in pocket change? Some series are more valuable than others. The 1969-S doubled die penny value is about the highest of any Lincoln Memorial cent known to collectors at this time: 1969-S doubled die pennies are worth about $25,000 and up! 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. You'll also spot a faintly visible ghost-like "D" mintmark floating halfway above the primary "D" mintmark. 1,650 this is simply another version of the sale went to the Berkshire Athenaeum in his hometown of Pittsfield Massachusetts... 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