Preparing and selling wheat pennies for the best value is possible. Some of these cents can become extremely valuable for coin collectors, like the first place on our list that reaches $100,000! Today, the 1943 bronze Lincoln cent is described as "the most famous error coin in American numismatics" and the odds of finding one are astronomically against. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. 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. On the surface, there is nothing visually spectacular about this coin. Initially, the government believed that these were counterfeit coins and began confiscating them. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. Stone estimates that a coin in good condition could sell for up to $45. So, thats why I turn to coin roll searching. 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. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." 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. 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. Values range widely for Wheat Pennies, starting at a few cents to more than $200,000. These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. "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. It's a strange piece and one well worth looking for! Each design has high points judged to detect any smoothing and removal of luster. The most valuable 1980 penny with no mintmark sold for $2,232.50 in a 2017 auction. 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. 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. 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. What makes this particular coin extremely valuable is its pristine condition despite being over 100 years old. Most Mercury dime dates can be obtained with little difficulty, though some are extremely rare in high grade. Step 1 above are image links to match your coin. In 1864, the Civil War was dragging on, and the United States economy was extremely fragile. 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. Visitors can click on the links in the list below to view larger images of both sides of the coins (mint mark locations, error/variety diagnosis, etc), detailed pricing data for various conditions/grades of the coins, mintage figures, metal composition, history and other encyclopedic information regarding each individual coin. Roughly 250,000 of these pennies were minted, he said. So What Pennies Are Worth Money? Old US Penny Values | Discover Their Worth Coin Values Moving with Precious Metals: Up-Dated 4/3/2023: Gold $1956 | Silver $23.68 Old US Penny Values are Rising Collectors and their pursuit of nice coins is pushing old US penny values higher. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. As a result, a majority of the 1941-D Lincoln pennies are in circulated condition. This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. The U.S. Mint knew this before the coins were released to the public, but officials didnt want to destroy an entire batch of perfectly normal Lincoln Pennies to catch the ones with the doubled image, so off these beauties went, and soon they were discovered in New England vending machines. Auction record: $10,200 Heritage Auctions. A penny's worth depends on its quality and rarity. Old coins and collections are enjoyed because the eye appeal and aesthetics of each example in the set. Approximately 8,000 to 10,000 coins were reportedly found in Sandusky, Ohio, where they were handed out at Cedar Point Amusement Park as change. Primarily its overall appearance sets the initial eye appeal impression. 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. You'll also spot a faintly visible ghost-like "D" mintmark floating halfway above the primary "D" mintmark. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. In 1969, two men named Roy Gray and Morton Goodman began producing fake 1969 Doubled Die Lincoln cents and other counterfeit coins. There's also some light doubling on the date. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. Providing for safe handling, preserving of value and organizing your box of old coins. 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. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. To be precise:Copper pennies made up until 1962had a 5% balance of tin and zinc, and from 1962 to 1982 the extra 5% of material was entirely zinc. Large cents with pleasing surfaces, lacking deep marks are somewhat elusive and special coins. Almost every collector of United States coins began collecting the Lincoln penny. All of these factors together make this the second most valuable penny in the world. 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. Once again, the mint erroneously used a proof die to strike normal circulation coins. When an example as fine as this one crosses the auction block, it is certain to set record prices. What years of pennies are worth money? 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. The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. Match your coin to the image links in Step 1 and visit; how to determine in-depth penny values of your coin. Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. But thats doesnt mean Lincoln wheat pennies(which were minted from 1909 through 1958) are, as they say, chopped liver.. Series are identified along with dates and mintmarks. Another double-died error can be found on the 1984 Lincoln Memorial Cent. How to Find Rare Coins Worth Money and Wanted by Collectors. Want to know what the most valuable pennies are? Most Valuable Canadian Pennies 1. One sold at a Heritage sale in 2012 for more than $20,000, according to Coin World. To this day, they are the only two known to exist. 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. Gray asked a collector named Robert Teitelbaum to sell the illegal coins and to place 85 of them into circulation in Washington. A 1931-S could be worth $40 or more. 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. Her greatest joy is spending time with her two kids and dabbling in her creative passions of photography, dance, and art. Condition is one of the subtle steps affecting penny values. After all, over 4 million of them minted at the San Francisco mint. Half Cent Values | All Half Cents are Rare. Both sites have an A+ Better Business Bureau rating, payments within 24 hours, and a 100% customer satisfaction guarantee. Additionally, they can help get your coin certified by a grading service and guide you through the entire selling process. 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. It looks like you're seeing double," said Bucki. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. 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. Small Pieces of Copper Worth Huge Amounts of Money. Read more in our privacy policy. These are Lincoln penny coins to look for in circulation or in your pocket change. An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. This double die is easy to see with the naked eye, with: Auction record: $14,400 Heritage Auctions. The Value of an Indian Penny | Very Solid. Use the table below to find out. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Like this story? How to determine penny values begins with identifying the denomination and series. Large cents, recognized by the denomination on the reverse, are worth close inspection. In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. Dont even think about trying to sneak a few copper pennies over to the scrap yard. I primarily collect and study U.S. coins produced during the 20th century. The first coin was an uncirculated C mintmark coin that had an RRP of $15 and a mintage of 80,000. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. These dimes came to be known as Mercury Head dimes. Older copper pennies are 95% copper and 5% something else. 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. For 2008, the U.S. Mint decided to modify the reverse design of Silver Eagle coins. However, during the transition, some 2008-W Silver Eagles were accidentally stamped with the pre-2008 design. It is unknown how only three examples got to leave the United States Mint facility in Philadelphia, but because all of them are in Mint State Red condition, it is speculation that they may have been smuggled out of the mint by an unscrupulous mint employee. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. Auction record: $4,362 Superior Galleries. Match your coins to each penny series value chart. This particular die gouge is highly visible running through the bisons back. 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. Penny values span a wide range. $55. 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! 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. Older copper pennies are 95% copper and 5% something else. These are some of the most valuable coins in circulation, based on Professional Coin Grading Service record auction pricing: 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. Look our for these pennies worth good money. Visit the series page for value charts and details on how to value your old penny. From Cents to Gold. The search is both interesting and exciting. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. Most Valuable US Pennies - Highest Value 1 Cent Coins USA Coin Book has compiled a list of the most valuable US pennies ever known. Most of them pulled the coins out of circulation. So, dont do it. Keep that in mind! Thanks! Search and sort using the search box and form below. Looking for the Most Valuable Pennies Ever Made regardless of date click the link. Collectibles come and go. Designed by sculptor A.A. Weinman, the new dime featured a portrait of Lady Liberty facing left and wearing a winged headpiece, which made her appear like the Roman god, Mercury. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! These copper coins date back to the beginnings of the mint. In addition to the doubling of wording, the date and "S" mint mark are also doubled. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. A handful of these 1990s pennies didnt get the signature "S" mint mark. Double-die pennies, coins struck twice by a metal die during the minting process resulting in doubled artwork . Valuable coins list 2022/2023. The number "7" appears higher than usual, nearly level with the "0.". 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. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. In honor of George Washingtons 200th birthday, the U.S. government held a competition to redesign the quarter. Collectors now have another variety as part of collections. The high value of this coin is due to its uncirculated condition and its original copper-red color. While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch. Accurate recognition of dates also becomes important when separating variety and value. Penny values are date specific. Valuable because they are so popular. This coin had a doubled "D" mint mark thats easily visible. Not because of its date of minting, but because of its die variety. Having one in its original copper-red color makes it much more extraordinary. But coins hold their value remarkably well. These newer, zinc-based Lincoln cents are often called Zincolns and are widely available in circulation today. Bottom line: OK, we'll admit it. The full backside of the coin is doubled. A coin in good condition could go for about $75,000. It's likely that an entire run of 250,000 pennies were printed this way, he said. Are you concerned the precious metals train has left the station without you. 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. Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because they're so rare. 1983 P Washington Quarter. Some series are more valuable than others. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. 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. The close "AM" version is the more valuable penny of the two. 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 coppery color of modern-day pennies is merely a thin plating of copper on a 99.2% zinc, 0.8% copper core. "A nice circulated example, like Lutes' coin, could sell for around $150,000 to $200,000. 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. !To check out o. 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. 2. Up to this point, coin designers used only the first initial of their last name. 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Honor of George Washingtons 200th birthday, the United States mint what pennies are worth money the Indian Head penny a..., he said small cents, recognized by the United States economy was extremely fragile `` D mint! January 2006 ; Heritage Auctions, Long Beach, CA, US coins Signature Auction Auctions Long! Trying to sneak a few cents to more than $ 20,000, according to coin roll searching $ to!
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