1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. Check outsix other rare and valuable error coins worth up to $599. 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. Only nine other Lincoln wheat pennies have a lower mintage. Well, heres a cheat sheet of the most valuablepennies to keep. You should follow us on Facebook too, we occasionally run contests on our page!). Collectibles come and go. This is just speculation from CoinTrackers.com. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. 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. 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. During this time, all the pennies were made of steel, as copper was needed for the War effort. Consequently, all 1922 cents should bare the D mint mark," wrote Mr Hernandez. 10 most valuable pennies If you're just starting out collecting coins and you're not sure what to keep your eyes peeled for, or if you have been collecting for years and just need a refresher, we've made a list for you of 10 valuable pennies you need to have in your collection. Coins list is recomputed with each pricing update. Legend Rare Coin Auctions. Many citizens hoarded gold, silver, and copper coins as a store of wealth. These are in order with the newest being on top. A.) An uncirculated example in its original mint state red color is extremely rare and valuable. YOU'VE likely come across plenty of pennies in your life but rare ones from the 1900s and before then are selling for a ton of cash online. Please ask any questions, can provide more pictures if needed, Keep an eye out for weekly additions to listings. This is one of the most popular and controversial coins among collectors. When an example as fine as this one crosses the auction block, it is certain to set record prices. In 2017, an MS66+RD graded coin (pictured left) sold for $19,975. Finally, demand is the factor that drives value the most. Jan 2018 - AU53 $228,000. There are six known examples of this error being produced at the San Francisco mint in 1943. A coin from the late 1700s has alsosold for more than $6,000. As a result, a majority of the 1941-D Lincoln pennies are in circulated condition. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. Thepennies that arent on this list are worth only a nominal amount usually between 3 cents and $1. Since the very beginning, the images on the penny have symbolized the spirit of the country. Moving away from the Lincoln coins, a flying eagle cent from the 1850ssold for more than $11,000 recently. 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. The high value of this coin is due to its uncirculated condition and its original copper-red color. All of these factors together make this the second most valuable penny in the world. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. In the close "AM" variety, the "FG" is closer to the building. Regardless of how they got out of the mint, these exceedingly rare die variety Lincoln cents would be prized by any collector. Most recent sales of the 1943 Copper Penny. 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. Minted in Philadelphia, the coin features an Indian head with the United States of America on the sides, with the year 1877 below. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Maybe you have a collectible in a bowl or piggy bank you've forgotten about. Minted in Denver, USA Coin Book estimated the value of this rare 1914 penny at $278 in average condition and over $3,000 in uncirculated mint condition. 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. The bottom line When it comes to pennies, there are lots of valuable errors to look for! This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. In 2004, an MS66 graded coin sold for $172,500. In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. 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. These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. Wondering which pennies are worth more than face value? These were steel planchets that were coated in a layer of zinc to improve their luster. 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. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. 25 Most Valuable Pennies. Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. Most Valuable US Pennies - Highest Value 1 Cent Coins USA Coin Book has compiled a list of the most valuable US pennies ever known. 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. Some of these rare pennies feature 16th PresidentAbraham Lincoln. Thisstray planchet created a great rarity treasured by coin collectors, and they are willing to pay handsomely to add this coin to their collection. Most Valuable Coins by Type. Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. If a 1999 penny has a large space between the A and the M, and it's in amazing condition, odds are good it's one of the most valuable pennies still in circulation. This penny is the undisputed "King" of Canadian Pennies Coins are in order from Most to Least expensive. 1924-S Penny The estimated value of 1924-S Lincoln Wheat Penny is worth $1.54 in average condition and can be worth $126 to $230 or more in uncirculated (MS+) mint condition. Take, for instance, the popular 1909-S VDB Lincoln cent. One variety had a widely spaced "AM" in the word "America.". Because of their uniqueness, theyre remarkably valuable. To hold an 1877 Indian Head Penny in uncirculated condition is an extreme rarity given the poor economic conditions of that year. 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. The 1914-D Wheat Cent is a great addition to anyones collection. If you think you might be in possession of this rare error here are the steps you should take. 1943 Struck on Bronze Planchets are cleanly struck and likely in great condition. Check out our penny price guides below. This coin should've had a "D" for its Denver mintage, but the space on this coin is blank. 1918/7-D Buffalo Nickel-Doubled Die Obverse. steel planchets were left in the machines. Note: It's not always easy to see, so consult an expert if you're not sure. If you want this coin be prepared to shell out $1.2 million as that is the current asking price. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. And its so valuable not only because of the controversy surrounding it but its low mintage too - just 484,000 of these coins have been minted. C $18.15 Free shipping 187 sold. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. But regardless, if you have one of these coins its fair to expect them to be quite valuable given the year it was minted. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." Estimated coin prices and values in our database are updated twice per year. (Psst! The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. 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.. Thats compared with more than 72million of the other version of the 1909 coin. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. 2019 Penny Value Guide: Some 2019 Pennies Are Worth $3,600 Apiece! Because not many of these pennies were minted, proof coins of either variety are valuable. Its also one of my favorite coins! San Francisco is known to have only produced five of the 1943 bronze/copper pennies, making them especially rare, but some experts have been willing to note that there may be more in existence. to the coin's reverse, at the bottom between the two stalks of wheat. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. Here are 12 more valuable Lincoln pennies that you should definitely check for if you happen upon a very old penny. In 1944 all pennies were meant to be made from copper / bronze not steel. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. The full backside of the coin is doubled. The collector also ensured that the coin was correctly stored to preserve its color. Source 1909 Penny The first Lincoln Penny was struck by the U.S. Mint in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. In 2006, an MS66 graded coins sold for $32,200. But, a mix-up in the San Francisco mint resulted in about 30 pennies being made from steel left over from the 1943 pennies. 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. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! 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. 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. 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. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Its believed that less than 30 copper 1943 pennies exist from across all three mints (Philadelphia, Denver, and San Francisco) operating at that time. Many of these coins exhibit wear from circulation. Jan 2016 - AU55 $211,000. 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. 1917-S Buffalo Nickel. 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. Coins Signature Auction. This penny is the rarest date of all the Indian Head pennies ever minted. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. Thanks! Some pennies, originally worth a single cent, are now worth thousands of dollars. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. Planchets are stored in bins, and just a few copper ones were hidden in the bottom and covered up with loads of steel planchets. Image courtesy of Must read: How To Determine The Grade Of A Coin. Looking to make a profit coin roll hunting? 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. 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. However, a steel planchetleft over from 1943 must have found its way into the coining press. I primarily collect and study U.S. coins produced during the 20th century. OK, we'll admit it. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! Because these are more plentiful than the D version of this error, coin grade or condition is much more important. USA Coin Book has compiled a list of the most valuable US pennies ever known. 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. It simply is a regular-issue piece that was struck in relatively low numbers. 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. 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. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! Read more in our privacy policy. In 2014, an MS65+ 8 over 7 (pictured left) sold for $74,025. This coin is considered a key date in the series. Are you wondering what your penny is worth? List only contains coins from 1965 to 2023. We strive to put out videos as quickly as we can that c. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. Brenner added his initials V.D.B. If you happen to find one it could be worth 1 Million, and possibly even more. But the rarest of all is this single known pristine example from the Denver mint. This isn't the case. Damaged coins or those grading lower based on wear will be worth less than the coin values listed above. As with anything that's mass-produced, some mistakeshave crept into the penny's circulation. What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. In 1856, the price of copper rose to the point that it took more than a penny's worth of copper to make a penny. This is an indication that they were not "helped" by some unscrupulous mint employee. Since the very beginning, the images on the penny have symbolized the spirit of the country. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. Are you concerned the precious metals train has left the station without you. ships in penny sleeve, inside top loader, with extra protection. 1926-S Buffalo Nickel. This made is difficult for the federal government to obtain the metal needed for minting coins. The top 25 most valuable pennies. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. To My Young Brothers & Sisters at Reddit & Elsewhere. *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. This page is a work in progress, share to social media and check back later for updates. Most recent sales of the 1943 Copper Penny. This 1943 Lincoln penny should have been struck on a zinc-plated steel planchet but was in fact made with a bronze alloy planchet. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. Thanks for subscribing! 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, Kennedy Half Dollar Values and Prices (1964-2015), The 1943-S Copper Penny Found by Kenneth Wing. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. Reverse, at the bottom line when it comes to pennies, worth. Doubled Liberty closed 3 Indian cents are more plentiful than the closed 3 variety pennies... To earn a extra cash condition are also valuable, but the space on this coin is considered a date. Should hold Onto: a list of most valuable penny in the word Liberty Head penny with the cent! This cheat sheet tosee which pennies are in order with the Lincoln cent without you this cheat tosee... 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