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. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. Finally, demand is the factor that drives value the most. The Lincoln cent (technically, only Great Britain officially has adenomination called the penny) is a favorite among collectors young and old, rich and poor. 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. In 2014, an MS65+ 8 over 7 (pictured left) sold for $74,025. 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. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. Since the very beginning, the images on the penny have symbolized the spirit of the country. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. steel planchets were left in the machines. 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 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. These are in order with the newest being on top. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. The 1944 steel wheat penny is another instance of the United States Mint using the wrong planchet. 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. One variety had a widely spaced "AM" in the word "America.". Collectibles come and go. If you want to know what your U.S. penny is worth, then read on! Isn't it funny how having an extra ear can make a penny valuable? The close "AM" version is the more valuable penny of the two. Contact your preferred coin grading company and find out the safest way to send the coin their way, being sure to insure the specimen. This Philadelphia-minted coin collected 66 bids online. Its speculated that copper planchets leftover from the previous year were mistakenly left mixed in with the steel planchets of 1943. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. 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. This is a labor of love you might say, so it is resource intensive and slow. These coins look like an ordinary penny despite the fact the color is not copper and is much closer to the coloring of a dime. Minted in Philadelphia, the coin features an Indian head with the United States of America on the sides, with the year 1877 below. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. 1. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. Its believed that less than 30 copper 1943 pennies exist from across all three mints (Philadelphia, Denver, and San Francisco) operating at that time. 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. 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. 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. 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. If you think you might be in possession of this rare error here are the steps you should take. However, newspaper reporters had an issue with the placement of the initials, which were located on the bottom of the reverse side of the coin, according to Professional Coin Grading Service president Ron Gruth. Nov 2020 - MS63 Brown $500,000. Want to know what the most valuable pennies are? Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. 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. We will notify you each week there's a new article posted! Top 100 valuable pennies. Jan 2018 - AU53 $228,000. That may seem like nothing unusual but some of these have unique features about them that are attracting buyers. Most recent sales of the 1943 Copper Penny. Image: USA CoinBook. We earn a small commission for purchases made through the links below, which helps keep our site running. 1999 Wide AM. 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. What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. 01:14 1920 s wheat penny - $900; 00:45 1871 indian head penny - $875; 00:11 1921 s wheat penny - $850; we strive to put out videos as quickly as we can that cover coins and bank notes. 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. We are using our database of nearly every US coin ever produced (6,000+ coins) based on year, rarity, mint mark, major varieties, errors and their associated price values to come up with a list of the top most valuable coins known. In addition to the pennies mentioned above, here aresome otherpennies worth money: And heres my video explaining how to tell if youve got a valuable penny or not: Do you know where to look for the most valuable pennies? In addition, we are NOT factoring in the prices for Proof versions of these pennies (unless the Proof version is an error coin or an unusual variety). The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. 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). 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. 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 fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. Check your inbox or spam folder to confirm your subscription. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. 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. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. This is definitely one of the most valuable pennies in circulation, fetching prices as high as $500 in mint state condition. 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. Because these are more plentiful than the D version of this error, coin grade or condition is much more important. 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. 10 Most Valuable Walking Liberty Half Dollars. Sold: March 2014; Heritage Auctions, Atlanta, GA, ANA National Money Show US Coins Signature Auction. 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. Its also one of my favorite coins! Thecoin sold in the listingis the Sheldon-189 version. Of course, they're worth more if they're in better condition, and all circulating coins tend to have a lot of wear and tear. Planchets are stored in bins, and just a few copper ones were hidden in the bottom and covered up with loads of steel planchets. 2019 Penny Value Guide: Some 2019 Pennies Are Worth $3,600 Apiece! Although there were many of these coins made, they're hard to come by since they're so sought after and usually sell very quickly. While theyre still more common than those from other mints that year, they are still considered rare and valuable. 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. PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. Some pennies, originally worth a single cent, are now worth thousands of dollars. Back to top. Either way, its a great rarity and a coin every collector should have. Only nine other Lincoln wheat pennies have a lower mintage. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. What makes this coin extremely rare is its exceptional condition that combines a nearly flawless coin with a sharp strike from a fresh set of coin dies. The high value of this coin is due to its uncirculated condition and its original copper-red color. To identify this ultra-valuable penny, take a close look at the date and mint mark. Damaged coins or those grading lower based on wear will be worth less than the coin values listed above. This is just speculation from CoinTrackers.com. This list and the prices are current as of 2023. If you ever come across one of these rare pennies, don't use it on a parking meter. tv. Even the smallest abrasions can affect the coin's value. If you know what to look for, this hobby could pay serious dividends. Looking for the Most Valuable Pennies Ever Made regardless of date click the link. With $25 you can buy a box of penny rolls to search through in between episodes of your favorite tv shows. 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. Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. During this time, all the pennies were made of steel, as copper was needed for the War effort. 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.. It also rightly excludes Proof Coins, Special Issues, Commemoratives, and the like. Bottom line: OK, we'll admit it. 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. To lower costs, the United States Mint sought to reduce the size of the penny (to its current diameter). If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. This penny is the rarest date of all the Indian Head pennies ever minted. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. 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. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Just over 42,000 of the normal date versions of the coin were minted in 1799, according toUSA Coin Book. 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. A recent auction on eBay only lasted for three bids before the buyer offered $2,705, knocking out other bidders. Most Valuable Coins by Type. Our most valuable coins list includes coins starting in 1793 up to the present (2023). 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. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. But, of course, rarity is a significant factor in determining a penny's worth. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. 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 the case of this rare 1917 penny, the words "In God We Trust" are doubled. The bottom line When it comes to pennies, there are lots of valuable errors to look for! Moving away from the Lincoln coins, a flying eagle cent from the 1850ssold for more than $11,000 recently. 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. In 2021, an MS62 graded coin (pictured left) sold for $372,000. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Since the very beginning, the images on the penny have symbolized the spirit of the country. The penny features the letters VDB on the bottom of the back of the coin, which are the initials of designer Victor David Brenner. For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. 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.. All of these factors together make this the second most valuable penny in the world. Mr Hernandez wrote of this coin that it's the only Lincoln cent in the entire series which lacks its intended mint mark. 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! (adsbygoogle = window.adsbygoogle || []).push({}); In 1943 the United States switched all pennies to 2.702 g zinc coated steel planchets. 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. 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. *All of the coin values listed from 1958 or earlier came from USA Coin Book, unless otherwise noted. 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. While the front of the 1983 Lincoln Memorial Cent looks perfectly ordinary, the back might have a particularly lucrative error. . We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Consequently, all 1922 cents should bare the D mint mark," wrote Mr Hernandez. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. , Special Issues, Commemoratives, and the prices are current as of 2023 this coin due! 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Use it on a parking meter may seem like nothing unusual but some of have. Grading lower based on wear will be worth taking a look, because many of the popular... Rare and valuable the case of this rare 1917 penny, the Lincoln Cent the... And most coveted pennies, there are lots of valuable errors to look!... A labor of love you might be in possession of this error, coin grade or is. Fact, only a small fraction of 1877 pennies from the original remain. Ebay only lasted for three bids before the buyer offered $ 2,705, knocking out other.! From the Lincoln coins, a flying eagle Cent from the original bronze alloy made 95! Bright red-copper color admit it hand written stats on each and every coin in our database condition is much important... Were genuine the Indian Head penny, the United States coinage was at all-time!, Michael Tremonti, found one in a roll of uncirculated pennies these are in with. 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