The 1877 version has been said to be the rarest Indian head penny there is. Another coin for avid coin collectors to look out for is the 1858 Flying Eagle Cent. In both the words "Liberty" and "In God We," the letters are doubled. Jan 2018 - AU53 $228,000. The standard for the 1940 era would be something akin to a MS-65 RD. Pokmon TCG Umbreon-EX Fates Collide 119/124 Holo Full Art NM . 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. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. How to Find Rare Coins Worth Money and Wanted by Collectors. It simply is a regular-issue piece that was struck in relatively low numbers. In 2014, an MS65+ 8 over 7 (pictured left) sold for $74,025. 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. 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. Accidents can produce the rarest coins. But of course, youll want to keep in mind that the value of the coin could depend on the grade and condition. One variety had a widely spaced "AM" in the word "America.". An uncirculated example in its original mint state red color is extremely rare and valuable. There are a few different varieties of the 1873 Indian Cents, with all of them being rare and quite valuable, theres the open 3, and the closed 3, but the most valuable is the doubled Liberty. An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. On the surface, there is nothing visually spectacular about this coin. As always, the value of any coin is only worth how much someone else is willing to pay for it. A close examination of Lincoln's ear shows a definitive double stamp. Nov 2013 - VF35 $207,000. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. 3) Large One-Cent Pieces, Flowing Hair, Wreath Reverse 1793 S-NC-2 Strawberry Leaf PCGS MS-63 Value: Change 3 Mo 1 Yr 5 Yr 10 Yr 15 . The penny has been part of US currency almost as long as the country has been independent. To My Young Brothers & Sisters at Reddit & Elsewhere. Extra notes: 1944 steel cents should technically be a weaker strike than 1943 steel cents. 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. Here's a list of the most valuable pennies out there to help you spot that one-of-a-kind gem. 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. The best known specimen as of late is an MS63 Brown (BN) and it has sold for more than $500,000. These were minted in Philadelphia, Denver, and San Francisco, as well as in proof sets. 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. Click coin image to view full-size image. Another Indian centsold for more than $3,000 online. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. Although the doubling is not as dramatic as the 1955 doubled die obverse, it is evident with low-level magnification. This only takes place in the small date version. After all, over 4 million of them minted at the San Francisco mint. Well, here's a cheat sheet of the most valuable pennies to keep. Check out our penny price guides below. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. These were steel planchets that were coated in a layer of zinc to improve their luster. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Most recent sales of the 1943 Copper Penny. Must read: How To Determine The Grade Of A Coin. Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. Below we unveil the most valuable circulated pennies worth up to $11,128, based on recently completed eBay listings. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. ships in penny sleeve, inside top loader, with extra protection. Out of all the leftover zinc-coated steel used in minting these pennies, Philadelphia produced about 30 of them. What It's Worth: $185,000, butsold for $1 million to Bob R. Simpson, co-chairman of the Texas Rangers, in 2012. A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. These factors make this a very rare and valuable penny indeed. Coins Nostomania's 100 most valuable U.S. Be careful not to scratch the coin however. 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. 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. While theyre still more common than those from other mints that year, they are still considered rare and valuable. 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. Here's 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. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. Because of their uniqueness, theyre remarkably valuable. Leftover steel planchets from 1943 Steel War Cents were left in bins and mixed with 1944 Copper Penny Planchets. This is just speculation from CoinTrackers.com. This coin is the second example of a 1943 Lincoln cent that should have been struck on a zinc-plated steel planchet but was instead coined on a bronze planchet. 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! Thanks for subscribing! Also, the listing claims that it was the first American coin to use nickel to inspire a coin-collecting hobby in the late 1800s. While the two most valuable coins on this list are coincidentally the rarest (between 20 and 40 specimens each of the 1943 bronze cent and 1944 steel cent are thought to exist), the order of which coins are most valuable doesnt necessarily correspond with the order of rarity. 1944 Steel Wheat Penny struck in San Francisco Mint. All of these factors together make this the second most valuable penny in the world. For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). In 2009, an MS66RD graded coin (pictured left) sold for $149,500! 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. 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. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. There have been to our knowledge no coins in this condition and color found. Rather than a special addition, this penny is valuable for something it lacks. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. Of all the coins ever made by the United States Mint since 1793, arguably the most popular and widely collected among them areLincoln pennies. 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. Some of these rare pennies feature 16th PresidentAbraham Lincoln. 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. Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. 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. Some pennies, originally worth a single cent, are now worth thousands of dollars. Similar to the copper penny of 1943, Its speculated that while in production, a few steel planchets were accidentally mixed in with the copper, or the dies were tested on the steel and mixed in that way. Only 2,000 1856 Flying Eagle Cents were minted, making this quite the rare coin! 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. 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.. The most expensive coin on the list is also an Indian Head cent. Why It's Worth So Much: Copper wasadded to the penny in 1944; the alloy also incorporatedrecycled ammunition shells. As youll notice, there are several dates missing in the list above. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. The 1943 Copper Wheat Cent is a coin that was not supposed to exist. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. When an example as fine as this one crosses the auction block, it is certain to set record prices. 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! In 2021, an MS64 graded coin (pictured left) sold for $180,000. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. The other variety of this rare penny stamped the letters closer together, nearly touching. These are in order with the newest being on top. *All of the coin values listed from 1958 or earlier and 1959 to 2000 came from USA Coin Book, unless otherwise noted. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. Feb 2016 - AU58 $280,000. Most Valuable Canadian Pennies, 1. Beginning approximately halfway through the mintage of 1864 pennies, an "L" was added to the tail of the ribbon in the war bonnet on Lady Liberty's head. *All of the coin values listed from 1958 or earlier came from USA Coin Book, unless otherwise noted. However, when the die used to stamp each penny became overused, this led to a batch of coins with either a very weak "D" marking or some in which the "D" was nonexistent. This coin sold on eBay on August 3, racking up 46 bids that quickly jumped in price. Because not many of these pennies were minted, proof coins of either variety are valuable. 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. And which pennies you should be holding onto, rather than spending? The 1914-S Lincoln cent is by no means a rare coin. 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. 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. Estimated coin prices and values in our database are updated twice per year. You should follow us on Facebook too, we occasionally run contests on our page!). This wheat cent is the only example known to exist. Im the Coin Editor here at TheFunTimesGuide. This made is difficult for the federal government to obtain the metal needed for minting coins. We earn a small commission for purchases made through the links below, which helps keep our site running. If you think you might be in possession of this rare error here are the steps you should take. tv. In 2004, an MS66 graded coin sold for $172,500. The list above also doesnt include proof Lincoln cents which you wouldnt ordinarily findin circulation. The close "AM" version is the more valuable penny of the two. steel planchets were left in the machines. Good news however. The majority of these coins are Denver and Philadelphia issue coins, and all have been issued within the last 55 years. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. If you want to know what your U.S. penny is worth, then read on! This post may contain affiliate links. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. These planchets were then fed into the machines and struck by the die means for the 1944 copper penny, creating 1944 Steel cent errors. 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. Experts claim that plates of this metal were slipped in during the minting by . 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. If so, the modern United States cent is one of the best places to start looking. Watch out for fakes as these are commonly counterfeited! 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. The year 1971 was a good one for penny collectors. As a result, most of these pennies went into circulation. 1999 Wide AM. Having one in its original copper-red color makes it much more extraordinary. Sold: August 2014; Heritage Auctions, Chicago, IL, ANA US Coins Signature Auction. This one, however, can earn you more than $1,000. This coin is considered a key date in the series, and one of the more valuable non-error pennies. Our most valuable coins list includes coins starting in 1793 up to the present (2023). During this time, all the pennies were made of steel, as copper was needed for the War effort. 2010 - 2023 USA Coin Book. These rare examples can fetch up to $375,000 in excellent condition, according to Coin Trackers. 25 Most Valuable Pennies. This error is similar to the 1943 D Struck on Bronze Planchet, there are however more specimens with the S mint mark. 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 two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. Sold: September 2010; Legend Numismatics, Private Sale. USA Coinbook Top 30 Most Valuable Wheat Pennies 2022 1909 S VDB MS67RD ($108,000) 1955 Doubled Die Obverse MS65+RD ($114,000) 1944 D Steel MS63 ($115,000) 1909 S VDB MS67RD ($117,500) 1917 MS67+RD Doubled Die Obverse ($120,000) 1914 PR68RD ($126,500) 1926 S MS65RD ($149,500) 1914 D MS66+RD ($158,625) 1944 Steel MS64 ($158,625) Small Pieces of Copper Worth Huge Amounts of Money. Be sure to check your change for this one! Real People. Such is the story of the 1969-S Doubled Die Penny. This is a labor of love you might say, so it is resource intensive and slow. 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. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. Not because of its date of minting, but because of its die variety. Back to top. Please ask any questions, can provide more pictures if needed, Keep an eye out for weekly additions to listings. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. The coins - of which there are about 40 or50 in existence- are quite valuable. Why is this coin so rare? The 1944 steel to copper/bronze transition of pennies involved the inclusion of leftover zinc-coated steel. On closed 3 examples, it appears that the 3 has two nearly complete loops, whereas on the open 3 there is much more space between the ends of the 3 and the digits middle section. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. 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. 1943 Struck on Bronze Planchets are cleanly struck and likely in great condition. 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. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. 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. Fiction Writing. Any one of these coins in circulated or uncirculated condition is extremely rare. Because of this long history, many people expect older coins to have more value. That said, we realize that some people might still be using these pennies to buy things without realizing their value. 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! Almost every collector of United States coins began collecting the Lincoln penny. The full backside of the coin is doubled. Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. 24/100 - Rare Heavily Played Pokemon EX - Sandstorm . 1909 S Indian Head Penny Estimated Price: $2,000 A 1933-D, for example, may be valued at $2.30 or more. 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. 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 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. There's also a subtle doubling of the mint mark. These are everyday, run-of-the-mill coins currently in circulation. 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. Finally, demand is the factor that drives value the most. 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. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. 1926-S Buffalo Nickel. As a result, saving even a penny for a coin collection was not an option for most Americans. Of all the cents currently in circulation these pennies are worth the most money. As a result, a majority of the 1941-D Lincoln pennies are in circulated condition. What makes this particular coin extremely valuable is its pristine condition despite being over 100 years old. This penny exhibits doubling on the date and lettering on the obverse. 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. Value. This rare coin stands out among the Lincoln cents worth a lot of money. This Indian cent had a total of six bids at the close of the auction on eBay. 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. Which coins currently in circulation are worth the most? We've compiled a list (with ref pictures) of the most valuable Lincoln penny errors that are in regular everyday circulation. Its important to note that there are two varieties of this coin: one has the normal date (Sheldon-189) and the other has an overdate (1799/8). If youre looking to purchase an 1857 Flying Eagle Penny for your coin collection, this is one of the cheaper dates, as long as youre okay with a lower grade of 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. The closed 3 is especially rare because only a tad more than 1 million 1873 cents of this variety were made, whereas about 11 million open 3 cents were made. Email us at exclusive@the-sun.com or call 212 416 4552. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. Thats compared with more than 72million of the other version of the 1909 coin. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. One example circulated for a while before being picked up by a collector. 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. To have all three initials ona coin's design was unheard of. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. Sold: January 2004; Heritage Auctions, Orlando, FL, FUN Signature Auction. In the close "AM" variety, the "FG" is closer to the building. For a coin like this to survive so long in pristine condition, it is evident that a collector in San Francisco back in 1914 must-have set it aside before it could become tattered and worn in circulation. @mohammed_nanotech / Twenty20 Some little pieces of copper can be worth some huge dollar amounts. Looking for the Most Valuable Pennies Ever Made regardless of date click the link. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. Most Valuable Coins by Type. 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. The initial cost to get started is just $25.00 and your time. 2019 Penny Value Guide: Some 2019 Pennies Are Worth $3,600 Apiece! . To identify this ultra-valuable penny, take a close look at the date and mint mark. In 2006, an MS67RD graded coin (pictured left) sold for $97,750. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. In 2018, an MS66+RD graded coin (pictured left) sold for $158,625. Up until the late 1950s, Mr Brenner designed all the years ofthe coinsfeaturing Lincoln. PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. Carefully hold a magnet over the coin and see if you get any reaction. The bins of steel planchets were fed into machines and the handful of left over copper planchets overlooked. 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). 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. In addition to the doubling of wording, the date and "S" mint mark are also doubled. To this day, they are the only two known to exist. This coin had a doubled "D" mint mark thats easily visible. Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. There has been talk in recent years of doing away with the pennyas we move toward a more cashless society, but we're not quite there yet. 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. Was minted in zinc-coated steel used in minting these pennies, originally worth a single,... 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