1913 Liberty Nickel-The Olsen Specimen. The best known specimen as of late is an MS63 Brown (BN) and it has sold for more than $500,000. This is a genuine coin that was dug by a metal detectorist, according to the listing. Most Valuable Coins by Type. 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. Most recent sales of the 1943 Copper Penny. 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. Think of how much ammunition was needed during world war three, and then you can begin to understand why the US Mint switched from copper to steel planchets. 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. Its also one of my favorite coins! 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. The bottom line When it comes to pennies, there are lots of valuable errors to look for! To have all three initials ona coin's design was unheard of. If you want to know what your U.S. penny is worth, then read on! to the coin's reverse, at the bottom between the two stalks of wheat. Real People. The high value of this coin is due to its uncirculated condition and its original copper-red color. 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. When an example as fine as this one crosses the auction block, it is certain to set record prices. 2010 - 2023 USA Coin Book. 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. 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. 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. Nov 2020 - MS63 Brown $500,000. Here arethe most important types of Lincoln penniesyou should be keeping: So now that you have a good idea of which types of pennies to keep, youre probably wonderingabout specific dates. . Although the doubling is not as dramatic as the 1955 doubled die obverse, it is evident with low-level magnification. The 1944 steel to copper/bronze transition of pennies involved the inclusion of leftover zinc-coated steel. To this day, they are the only two known to exist. 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. List only contains coins from 1965 to 2023. 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. These are everyday, run-of-the-mill coins currently in circulation. But it is scarce to find an uncirculated 1926-S Lincoln penny with its original copper-red color. 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. The full backside of the coin is doubled. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. This coin sold on eBay on August 3, racking up 46 bids that quickly jumped in price. This made is difficult for the federal government to obtain the metal needed for minting coins. If so, the modern United States cent is one of the best places to start looking. Copper Lincoln Memorial pennies made in 1982 (These weigh 3.11 grams versus 2.5 grams for the pennies made from copper-plated zinc) 43 Most Valuable Pennies By Date So now that you have a good idea of which types of pennies to keep, you're probably wondering about specific dates. 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.. Coins Signature Auction. A 1933-D, for example, may be valued at $2.30 or more. We've also rounded upthe most valuable US coins worth up to $10,633. 1936 Dot Penny, Image courtesy of Heritage Auctions, Coming in at number 1 on this list of rare Canadian pennies is the renown 1936 "dot" penny. But the rarest of all is this single known pristine example from the Denver mint. All Rights Reserved. Well, here's a cheat sheet of the most valuable pennies to keep. Aug 2019 - AU53 $216,000. 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. Since the very beginning, the images on the penny have symbolized the spirit of the country. These rare examples can fetch up to $375,000 in excellent condition, according to Coin Trackers. A 1931-S could be worth $40 or more. If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. Those coins are hard to come by, but if you have one, you may be in line for a real financial windfall. 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. Because not many of these pennies were minted, proof coins of either variety are valuable. Some pennies, originally worth a single cent, are now worth thousands of dollars. Like the previous two pennies mentioned, the wording on both sides is doubled, plus there's a doubling of the date. If you think you might be in possession of this rare error here are the steps you should take. Up until the late 1950s, Mr Brenner designed all the years ofthe coinsfeaturing Lincoln. An uncirculated example in its original mint state red color is extremely rare and valuable. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. 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. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. Either way, its a great rarity and a coin every collector should have. Another coin for avid coin collectors to look out for is the 1858 Flying Eagle Cent. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. In this case, the wide "AM" version is just as sought after as the close "AM" version. 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. Condition is another; coins that stayed out of circulation may retain their original coloring and fine details, significantly adding to their value. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. *All of the coin values listed from 1958 or earlier came from USA Coin Book, unless otherwise noted. There's also a subtle doubling of the mint mark. For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. 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. This penny exhibits doubling on the date and lettering on the obverse. The 1944 steel wheat penny is another instance of the United States Mint using the wrong planchet. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. The 1914-D Wheat Cent is a great addition to anyones collection. The standard for the 1940 era would be something akin to a MS-65 RD. The close "AM" version is the more valuable penny of the two. 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. There are about 30 of these coins in existence today. 1913-D Buffalo Nickel-Type 2. 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. 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! 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. Accidents can produce the rarest coins. The penny features the letters VDB on the bottom of the back of the coin, which are the initials of designer Victor David Brenner. The penny dates listed below are worth more than just a few cents(unlike most of the ones referenced above). The year 1971 was a good one for penny collectors. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! 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) Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. Please ask any questions, can provide more pictures if needed, Keep an eye out for weekly additions to listings. 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. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. Jan 2018 - AU53 $228,000. Feb 2016 - AU58 $280,000. Source: PGCS.com. In fact, the first "Fugio cent" was designed by Benjamin Franklin. 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. To hold an 1877 Indian Head Penny in uncirculated condition is an extreme rarity given the poor economic conditions of that year. The 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. The 1914-S Lincoln cent is by no means a rare coin. (adsbygoogle = window.adsbygoogle || []).push({}); In 1943 the United States switched all pennies to 2.702 g zinc coated steel planchets. Just as with the flying eagle cent, this coin was designed by Mr Longacre. Are you concerned the precious metals train has left the station without you. This page is a work in progress, share to social media and check back later for updates. These are coins you can find in your pocket change. But, a mix-up in the San Francisco mint resulted in about 30 pennies being made from steel left over from the 1943 pennies. 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. 1916 Buffalo Nickel-Doubled Die Obverse. Only 1,194 of these proof coins were struck at the Philadelphia mint before the Treasury Department dictated that the designer's initials be removed from the coin. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. 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. 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. Some little pieces of copper can be worth some huge dollar amounts. 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. In 2021, an MS64 graded coin (pictured left) sold for $180,000. 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. This is a valuable coin that actually has a few different varieties, the large letters, small letters, and the 8 over 7. Not because of its date of minting, but because of its die variety. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. This only takes place in the small date version. 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top 100 valuable pennies