This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. 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. We will notify you each week there's a new article posted! Oops, there was an error sending your message. Coins in this condition are few and far between and are truly treasures to behold. These are incredibly rare so make sure that your coin is certified if you find one or buy one. An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. 25 Most Valuable Pennies. These are the most valuable quarters and twenty-five cent coins known.
Initially, the government believed that these were counterfeit coins and began confiscating them. Jan 2018 - AU53 $228,000. 1926-S Buffalo Nickel. These factors make this a very rare and valuable penny indeed. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. There are six known examples of this error being produced at the San Francisco mint in 1943. 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. Out of all the leftover zinc-coated steel used in minting these pennies, Philadelphia produced about 30 of them. Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. In this case, the wide "AM" version is just as sought after as the close "AM" version. The 1922 Lincoln Wheat Cents were minted at the Denver Mint using a "D" lettered coin die. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. If youre just starting out collecting coins and youre not sure what to keep your eyes peeled for, or if you have been collecting for years and just need a refresher, weve made a list for you of 10 valuable pennies you need to have in your collection. Regular minted coins from 1992 will have a noticeable gap between the two letters. Designed by portraitist James Barton Longacre in 1856, the circulated coin features an eagle on one side, with one cent shown on the other. In fact, the first "Fugio cent" was designed by Benjamin Franklin. The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. This penny exhibits doubling on the date and lettering on the obverse. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. The TOP 25 Most Valuable Pennies. The close "AM" version is the more valuable penny of the two. These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. All Rights Reserved. The penny features the letters VDB on the bottom of the back of the coin, which are the initials of designer Victor David Brenner. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. There are about 30 of these coins in existence today. 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. A 1933-D, for example, may be valued at $2.30 or more. Rather than a special addition, this penny is valuable for something it lacks. 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. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. This only takes place in the small date version. 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. Also, the listing claims that it was the first American coin to use nickel to inspire a coin-collecting hobby in the late 1800s. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. There have been to our knowledge no coins in this condition and color found. Well, heres a cheat sheet of the most valuablepennies to keep. Small Pieces of Copper Worth Huge Amounts of Money. Sold: September 2010; Legend Numismatics, Private Sale. This is a valuable coin that actually has a few different varieties, the large letters, small letters, and the 8 over 7. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. This coin is considered a key date in the series. Most recent sales of the 1943 Copper Penny. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Finally, demand is the factor that drives value the most. This rare penny is pulling in values of up to $500 in mint state condition, and with almost 4.5 billion pennies produced at the Denver Mint in 1992, there's a good chance that these are still in circulation.. 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 . In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. 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. Either way, its a great rarity and a coin every collector should have. Looking for the Most Valuable Pennies Ever Made regardless of date click the link. The 1877 Indian Head Cent is considered a major key date in the series, with a mintage of only 850,000 these can be hard to find in good condition, and nearly impossible to find in uncirculated condition. 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. Click coin image to view full-size image. A.) Collectibles come and go. The majority of these coins are Denver and Philadelphia issue coins, and all have been issued within the last 55 years. A coin from the late 1700s has alsosold for more than $6,000. 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 . Moving away from the Lincoln coins, a flying eagle cent from the 1850ssold for more than $11,000 recently. 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. This is a labor of love you might say, so it is resource intensive and slow. Damaged coins or those grading lower based on wear will be worth less than the coin values listed above. It also rightly excludes Proof Coins, Special Issues, Commemoratives, and the like. @mohammed_nanotech / Twenty20 Some little pieces of copper can be worth some huge dollar amounts. Some little pieces of copper can be worth some huge dollar amounts. Many citizens hoarded gold, silver, and copper coins as a store of wealth. Bottom line: OK, we'll admit it. With $25 you can buy a box of penny rolls to search through in between episodes of your favorite tv shows. 1917-S Buffalo Nickel. Pokmon TCG Umbreon-EX Fates Collide 119/124 Holo Full Art NM . 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. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. The 1998 S Proof Lincoln Memorial Cent commonly has a wide spacing between the A and the M. In the close "AM" version, the letters almost touch. Legend Rare Coin Auctions. Coins are in order from Most to Least expensive. 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. A close examination of Lincoln's ear shows a definitive double stamp. 1944 Steel Wheat Penny struck in San Francisco Mint. There is no noticeable bag mark on the coin's surface, and it has retained its original bright red-orange copper color. This pocket change price guide for the year 2023 details worthwhile coin finds that you likely have just sitting around the house. 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. The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. The year 1971 was a good one for penny collectors. The 1914-D Wheat Cent is a great addition to anyones collection. 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. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. . Another coin for avid coin collectors to look out for is the 1858 Flying Eagle Cent. In 1944 all pennies were meant to be made from copper / bronze not steel. Stay up to date with everything about U.S Coins, We dont spam! This is an easy way to build a collection, and all it takes is time. But of course, youll want to keep in mind that the value of the coin could depend on the grade and condition. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. The 1943 D Copper / Bronze penny has been deemed the Holy Grail of penny errors. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Isn't it funny how having an extra ear can make a penny valuable? 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. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. This is definitely one of the most valuable pennies in circulation, fetching prices as high as $500 in mint state condition. This isn't the case. Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. Must read: How To Determine The Grade Of A Coin. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. 50 Most Valuable Coins in the World | Work + Money Coins 50 Most Valuable Coins in the World By Kimberly Yavorski, updated on August 22, 2022 Stack's Bowers Coin collecting goes back to medieval Mesopotamia. Our most valuable coins list includes coins starting in 1793 up to the present (2023). For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. 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. Why is this coin so rare? Please ask any questions, can provide more pictures if needed, Keep an eye out for weekly additions to listings. Nov 2013 - VF35 $207,000. It is the most valuable Lincoln penny in the world. . In 1943, pennies were made from steel planchets coated with zinc, but some copper planchets from the year before were left behind, and the coins were struck on those. Although the doubling is not as dramatic as the 1955 doubled die obverse, it is evident with low-level magnification. If you think you might be in possession of this rare error here are the steps you should take. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. List only contains coins from 1965 to 2023. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. You should follow us on Facebook too, we occasionally run contests on our page!). Coins are in order from Most to Least expensive. Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. 1873 doubled Liberty Open 3 Indian Head penny, $1,650 This is simply another version of the 1873 doubled die Indian Head penny. If you ever come across one of these rare pennies, don't use it on a parking meter. 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. Read more in our privacy policy. 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. The initial cost to get started is just $25.00 and your time. Check out our penny price guides below. When an example as fine as this one crosses the auction block, it is certain to set record prices. These were minted in Philadelphia, Denver, and San Francisco, as well as in proof sets. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). And which pennies you should be holding onto, rather than spending? 25 Most Valuable Silver Dollars 25 Most Valuable Half Dollars 25 Most Valuable Quarters 25 Most Valuable Dimes 25 Most Valuable Nickels 25 Most Valuable Pennies 10 Most Valuable Morgan Silver Dollars 10 Most Valuable Peace Dollars 10 Most Valuable Barber Half Dollars 10 Most Valuable Walking Liberty Half Dollars The force needed to create a copper penny is less than that needed to create a steel penny. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. Thecoin sold in the listingis the Sheldon-189 version. 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. This post may contain affiliate links. While the front of the 1983 Lincoln Memorial Cent looks perfectly ordinary, the back might have a particularly lucrative error. 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. Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. These were steel planchets that were coated in a layer of zinc to improve their luster. 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. This one, however, can earn you more than $1,000. 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) Also try the Interactive, sortable, searchable pennies page. Week there 's a new article posted of zinc to improve their luster having an extra ear can a! Coin is certified if you find one or buy one issue coins, San... To top 100 valuable pennies knowledge no coins in this condition and color found noticeable bag mark on the coin depend! Another version of the most popular error coins of the Lincoln Cent series many citizens hoarded gold, silver and. Block, it has been deemed the Holy Grail of penny errors be! Counterfeit coins and began confiscating them a coin-collecting hobby in the late 1800s until the Mint! 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