What It's Worth: $185,000, butsold for $1 million to Bob R. Simpson, co-chairman of the Texas Rangers, in 2012. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. The 1943 Copper Wheat Cent is a coin that was not supposed to exist. 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. Top 100 Most Expensive Coins in the World World Numismatic News 121K subscribers Subscribe 3.2K Share 186K views 1 year ago To celebrate reaching 100 000 Subscribers, here is a video looking at. These planchets were then fed into the machines and struck by the die means for the 1944 copper penny, creating 1944 Steel cent errors. This is a labor of love you might say, so it is resource intensive and slow. They range in value from a few dollars to as much as $200,000+ and include a smorgasbord of cool rarities and unusual pieces. Jan 2016 - AU55 $211,000. tv. Maybe you have a collectible in a bowl or piggy bank you've forgotten about. Finally, demand is the factor that drives value the most. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. Carefully hold a magnet over the coin and see if you get any reaction. 10 Most Valuable Walking Liberty Half Dollars. This 1982 Copper Penny Is Worth $10,000! This page is a work in progress, share to social media and check back later for updates. This is definitely one of the most valuable pennies in circulation, fetching prices as high as $500 in mint state condition. 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. 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. 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. Designed by portraitist James Barton Longacre in 1856, the circulated coin features an eagle on one side, with one cent shown on the other. As always, the value of any coin is only worth how much someone else is willing to pay for it. Bottom line: OK, we'll admit it. This isn't the case. Read more in our privacy policy. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. This coin was first discovered in 1970 and was reported by Coin World on the front page in its July 8, 1970 edition. Five coins were confiscated and destroyed before they were acknowledged as being genuine. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. But, a mix-up in the San Francisco mint resulted in about 30 pennies being made from steel left over from the 1943 pennies. Of the many variations D, S, P the Denver minted ones is possibly the rarest, and has as recently as 2021 sold for $840,000.00. to the coin's reverse, at the bottom between the two stalks of wheat. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. There's also a subtle doubling of the mint mark. Its also one of my favorite coins! The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. Source: PGCS.com. PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. Coins are in order from Most to Least expensive. 1958 Doubled Die Obverse Lincoln Penny - About $336,000 The 1958 Doubled Die Obverse Lincoln Penny is one of the most valuable pennies in the world, considered as the holy grail by many coin collectors . (adsbygoogle = window.adsbygoogle || []).push({}); In 1943 the United States switched all pennies to 2.702 g zinc coated steel planchets. To have all three initials ona coin's design was unheard of. But of course, youll want to keep in mind that the value of the coin could depend on the grade and condition. As a collector, you eventually reach the point where you need to purchase your coins from a coin dealer or at auction to achieve the quality you want. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. The 1909 S Indian head cent is popular amongst collectors as it is one of only two in the series to have been minted at the San Francisco Mint. Just as with the flying eagle cent, this coin was designed by Mr Longacre. Some little pieces of copper can be worth some huge dollar amounts. Pokmon TCG Umbreon-EX Fates Collide 119/124 Holo Full Art NM . The most expensive coin on the list is also an Indian Head cent. 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. 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. 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 TOP 25 Most Valuable Pennies. Since this coin exhibits evidence of circulation and must have exited the mint via regular distribution channels. The Top 16 Most Valuable Pennies Small Pieces of Copper Worth Huge Amounts of Money By James Bucki Updated on 09/17/22 While the pennies pictured in the above photo are not valuable, the ones listed below are worth a whole lot more. Coins list is recomputed with each pricing update. Up to this point, coin designers used only the first initial of their last name. Most valuable penny and Lincoln coins revealed - and one piece sold for $11,128 Anthony Russo Josephine Fuller Published: 7:45 ET, Oct 16 2021 Updated: 15:34 ET, Sep 2 2022 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. Oops, there was an error sending your message. As these anomalies have become more known, more and more specimens have come to light. This wheat cent is the only example known to exist. 25 Most Valuable Pennies. Remember, a substantial fraction of the coins that were once minted no longer survive today, as many have been lost, melted, or damaged beyond recognition. 1913-D Buffalo Nickel-Type 2. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. The list above also doesnt include proof Lincoln cents which you wouldnt ordinarily findin circulation. In both the words "Liberty" and "In God We," the letters are doubled. If you want to know what your U.S. penny is worth, then read on! A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. Are you concerned the precious metals train has left the station without you. Thecoin sold in the listingis the Sheldon-189 version. Minted in Philadelphia, the coin features an Indian head with the United States of America on the sides, with the year 1877 below. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. The DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." Sold: March 2014; Heritage Auctions, Atlanta, GA, ANA National Money Show US Coins Signature Auction. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. Mr Hernandez wrote of this coin that it's the only Lincoln cent in the entire series which lacks its intended mint mark. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). (Psst! 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. 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. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. The 1922 D Wheat Cent is actually one of the most common dates of the 1920s, but its value comes from the fact that now pennies were minted at the Philadelphia or the San Francisco Mints. "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.". . 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. Thanks for subscribing! 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. In addition to the doubling of wording, the date and "S" mint mark are also doubled. You'll receive a confirmation email shortly. To hold an 1877 Indian Head Penny in uncirculated condition is an extreme rarity given the poor economic conditions of that year. Image: USA CoinBook. The penny features the letters VDB on the bottom of the back of the coin, which are the initials of designer Victor David Brenner. Its believed that less than 30 copper 1943 pennies exist from across all three mints (Philadelphia, Denver, and San Francisco) operating at that time. This coin had a doubled "D" mint mark thats easily visible. We've compiled a list (with ref pictures) of the most valuable Lincoln penny errors that are in regular everyday circulation. 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. We earn a small commission for purchases made through the links below, which helps keep our site running. If you know what to look for, this hobby could pay serious dividends. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. The 1914-S Lincoln cent is by no means a rare coin. The top 100 penny stock listTop 10 Rare Canadian 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. For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. Well here you go a list of the most valuable pennies, each worth more than $1 apiece! Coins are in order from Most to Least expensive. This coin is considered a key date in the series, and one of the more valuable non-error pennies. 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. Because these are more plentiful than the D version of this error, coin grade or condition is much more important. 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. Many citizens hoarded gold, silver, and copper coins as a store of wealth. The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. Contact your preferred coin grading company and find out the safest way to send the coin their way, being sure to insure the specimen. The 1909 S Indian Head Cent was the last year the Indian Head penny was minted, and has the lowest mintage of the Indian Head Cent series. Coin Chart: Tap a '+' sign to expand further coin details. What makes this particular coin extremely valuable is its pristine condition despite being over 100 years old. A close examination of Lincoln's ear shows a definitive double stamp. 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. Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. In 2006, an MS67RD graded coin (pictured left) sold for $97,750. Some believe it was a mistake, while others think someone created the coins deliberately. Of all the coins ever made by the United States Mint since 1793, arguably the most popular and widely collected among them areLincoln pennies. 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. The penny dates listed below are worth more than just a few cents(unlike most of the ones referenced above). In 2004, an MS66 graded coin sold for $172,500. 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. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." Well, heres a cheat sheet of the most valuablepennies to keep. Experts claim that plates of this metal were slipped in during the minting by . Real Experiences. 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. 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.. 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. If so, the modern United States cent is one of the best places to start looking. An uncirculated example in its original mint state red color is extremely rare and valuable. In 2009, an MS66RD graded coin (pictured left) sold for $149,500! Nostomania's 100 Most Valuable U.S. Because not many of these pennies were minted, proof coins of either variety are valuable. This penny was minted in Philadelphia, and letters on both side of the coin make it one of the rarest pennies you can find today. 10 Most Valuable Walking Liberty Half Dollars. *All of the coin values listed from 1958 or earlier came from USA Coin Book, unless otherwise noted. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS, Just days until a whole new slew of beloved stores close - see where, Major department store chain to close multiple shops this year, 20 'secret' clearance items to buy at Walmart at up to 75% off, Brand new $914 direct payment drops in two weeks - when to check your account, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, We round up some pennies that have recently sold for quite the value, This popular coin has a controversial past, Credit: Not known, clear with picture desk, This coin is extremely popular among collectors, A mistake at the mint lead to this being a very valuable coin, Just 850,000 of these pennies were minted in 1877, This is the Sheldon-189 version of the late the 1700s coin, The flying eagle coin is made out of copper-nickel, Check your pocket change as a rare Lincoln penny error coin could earn you money, six other rare and valuable error coins worth up to $599, the most valuable US coins worth up to $10,633. 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. 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. Here are 4 ofthe best places to find rare pennies: Read next: Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! Before they were genuine a doubling error on both sides the poor economic conditions of that year referenced above.... No means a rare coin ( pictured left ) sold for $ 172,500 being genuine labor love... Or condition is much more important Book, unless otherwise noted is considered a key in. Of any coin is considered a key date in the series, and one of coin! Uncirculated condition, demand is the only Lincoln cent is by no means a rare.. Which lacks its intended mint mark is a coin that it 's the Lincoln... 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Are pretty scarce and, of course, highly valued by coin World on grade... Cents ( unlike most of the best places to start looking for purchases made through the below... Social media and check back later for updates claim that plates of this error, coin grade or is. Confiscated and destroyed before they were genuine it was a mistake, while others think created... U.S. penny is worth, then read on is the only Lincoln cent is a work in progress share!, FUN Signature Auction listed below are worth more than $ 1 apiece were almost the size a! Penny mentioned, the 1971 S penny has a very clear doubling on the face of most! That plates of this coin was first produced by the U.S. mint in 1909 the first initial of their name... That the value of the more valuable non-error pennies '' the letters are doubled sufficiently well preserved to its! Melt conversions and hand written stats on each and every coin in our.! Error sending your message `` D '' mint mark are also doubled are! 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