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. As these anomalies have become more known, more and more specimens have come to light. The 1922 Lincoln Wheat Cents were minted at the Denver Mint using a "D" lettered coin die. This is one of the most popular and controversial coins among collectors. Either way, its a great rarity and a coin every collector should have. These are everyday, run-of-the-mill coins currently in circulation. A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. Bottom line: OK, we'll admit it. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. Value. The 1943 Copper Wheat Cent is a coin that was not supposed to exist. 1918/7-D Buffalo Nickel-Doubled Die Obverse. Lincoln pennies are the first coins I ever collected when I initially charted my path in the hobby back in 1992, and its by far the coin series Im most often asked about from readers here at The Fun Times Guide. While others are drawing attention on basis of how old and rare they are. Note: It's not always easy to see, so consult an expert if you're not sure. These are incredibly rare so make sure that your coin is certified if you find one or buy one. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, All Lincoln wheat pennies made from 1909-1958.
This coin had a doubled "D" mint mark thats easily visible. To lower costs, the United States Mint sought to reduce the size of the penny (to its current diameter). If you want this coin be prepared to shell out $1.2 million as that is the current asking price. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. 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. Sold: September 2010; Legend Numismatics, Private Sale. Although there were many of these coins made, they're hard to come by since they're so sought after and usually sell very quickly. 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. If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. These are the ones you want in your collection, 1856 Flying Eagle Penny: $25,000-$170,000, 1943 Copper Wheat Penny: $85,000-$370,000, 1944 Steel Wheat Penny: $110,000-$180,000. Wondering which pennies are worth more than face value? 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. The 1943 D Copper / Bronze penny has been deemed the Holy Grail of penny errors.
That said, we realize that some people might still be using these pennies to buy things without realizing their value. Most Valuable Coins by Type. Moving away from the Lincoln coins, a flying eagle cent from the 1850ssold for more than $11,000 recently. The 1914-S Lincoln cent is by no means a rare coin. 14:59 1944 Steel Wheat Penny - $408,000; 14:07 1943 Copper Wheat Penny - $250,000; 13:21 1856 Flying Eagle Penny - $25,000; 12:35 1873 Indian Head Penny - $10,000;. Instead of placing the initials elsewhere in new dies, mint employees simply removed them entirely from the coin, and a new round of cents were produced without the VDB.. *All of the coin values listed from 1958 or earlier and 1959 to 2000 came from USA Coin Book, unless otherwise noted. We've compiled a list (with ref pictures) of the most valuable Lincoln penny errors that are in regular everyday circulation. "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.". If you want to know what your U.S. penny is worth, then read on! These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. 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! 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. Almost every collector of United States coins began collecting the Lincoln penny. This coin was heavily circulated and was commonly subjected to the widespread use of "penny boards" in the 1930s and 40s, which people use to collect coins from circulation. I primarily collect and study U.S. coins produced during the 20th century. Just a few leftover copper penny planchets from the early 1940s were accidentally used to create 1943 Copper Pennies. Since most people do not look at the date on every coin that they receive in change, some of these 1943 bronze alloy pennies circulated for a while before being snatched up by an alert coin collector intent on cherry-picking the valuable Lincoln penny out of circulation. With $25 you can buy a box of penny rolls to search through in between episodes of your favorite tv shows. Also try the Interactive, sortable, searchable pennies page. Another coin for avid coin collectors to look out for is the 1858 Flying Eagle Cent. Im the Coin Editor here at TheFunTimesGuide. The 1943 pennies made of steel were officially a one-year-only production, as the mint switched back to a bronze alloy (95% copper and 5% tin) in 1944. Most of them pulled the coins out of circulation. Just as with the flying eagle cent, this coin was designed by Mr Longacre. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. Maybe you have a collectible in a bowl or piggy bank you've forgotten about. 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. A.) We are using our database of nearly every US coin ever produced (6,000+ coins) based on year, rarity, mint mark, major varieties, errors and their associated price values to come up with a list of the top most valuable coins known. 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. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. 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. Condition is another; coins that stayed out of circulation may retain their original coloring and fine details, significantly adding to their value. The 1877 version has been said to be the rarest Indian head penny there is. The close "AM" version is the more valuable penny of the two. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. 1909 S Indian Head Penny Estimated Price: $2,000 When an example as fine as this one crosses the auction block, it is certain to set record prices. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. These were minted in Philadelphia, Denver, and San Francisco, as well as in proof sets. The other variety of this rare penny stamped the letters closer together, nearly touching. For example, many of the doubled die entries on the list above (such as the 1971, 1972, 1983, and 1984 doubled die Lincoln cents) are much scarcer in number than the 1877 Indian Head cent or 1914-D Lincoln cent, but are not as widely collected, thus the values of those somewhat more obscure coins are lower. Having one in its original copper-red color makes it much more extraordinary. B.) If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. Most recent sales of the 1943 Copper Penny. Why so few? Because not many of these pennies were minted, proof coins of either variety are valuable. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. The number "7" appears higher than usual, nearly level with the "0.". A 1931-S could be worth $40 or more. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. 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. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. 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. 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. 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. Get ready its a long list! The United States mint struck over 430 million of them. Sold: January 2004; Heritage Auctions, Orlando, FL, FUN Signature Auction. Sold: August 2014; Heritage Auctions, Chicago, IL, ANA US Coins Signature Auction. Nostomania's 100 Most Valuable U.S. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. This made is difficult for the federal government to obtain the metal needed for minting coins. Oops, there was an error sending your message. In 1943 copper was being used heavily to create casings for ammunition. 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. In 2021, an MS64 graded coin (pictured left) sold for $180,000. In this case, the wide "AM" version is just as sought after as the close "AM" version. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. Slightly more than 4 million of them were minted. 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. 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 is one of the most desirable coins in the Indian Head cent series as it has the second lowest mintage making it extremely rare. 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 Lincoln Cent: $75,000 to $125,000+##. It will stick to a magnet. Some of these rare pennies feature 16th PresidentAbraham Lincoln. 24/100 - Rare Heavily Played Pokemon EX - Sandstorm . USA Coin Book has compiled a list of the most valuable US Quarters (Washington Quarters, America the Beautiful Park Quarters, 50 States Quarters, Standing Liberty Quarters, Barber Quarters, Seated Liberty, Draped Bust and Capped Bust Quarters) using a database of over 6,000+ coins and valuations. tv. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. If you ever come across one of these rare pennies, don't use it on a parking meter. While it is uncirculated and retains its original copper-red color from the day it was minted, the date and mintmark combination sets this coin apart from all others. 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