what pennies are worth money

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. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. At a glance, these coins read In God We Rust, but you may be able to see a faint T on some coins if you look for it. 1. Dealers and collectors identify the different stages of wear separating coins from the most worn to the least and each is assigned a "Grade". Damaged coins or those grading lower based on wear will be worth less than the coin values listed above. The most elusive of these coins was owned by George Walton, the youngest signer of the Declaration of Independence. 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. 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. There's also a subtle doubling of the mint mark. Sometimes more, sometimes fewer. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. 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). As fate would have it, "some of the old bronze planchets got stuck in the big tote bins that the Mint used to feed the coin presses at the end of 1942," he said. The 1913 Liberty Nickel was produced by the U.S. Mint, with only five coins believed to be in existence. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. Being more common, they're also less valuable. CashforGoldUSA is our top choice for selling coins for scrap because: Get money for your coins today with CashforGoldUSA >>. Small Pieces of Copper Worth Huge Amounts of Money. One factor contributing to this coin's significant value is its low mintage. 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. Coin Values Moving with Precious Metals: Up-Dated 4/17/2023: Gold $2009 | Silver $25.38. (Most pennies minted that year have very definite spaces between those letters.). How to Find Rare Coins Worth Money and Wanted by Collectors. Here are 12 more valuable Lincoln pennies that you should definitely check for if you happen upon a very old penny. There are estimated to be about 15-20,000 of these pennies still in existence, though there are many counterfeits on the market. Half cents are a series with many examples in very worn condition. "I know a couple of people who have found these in their pocket change.". A penny's worth depends on its quality and rarity. Large cents with pleasing surfaces, lacking deep marks are somewhat elusive and special coins. In the bison series, there were several coins discovered to have a large die gouge a raised feature that appears on a coin when a die is damaged. The home page is an excellent index, quickly leading to the major coin series. This act required the U.S. government to purchase large quantities of silver and turn them into silver dollars, which were called Morgan Dollars after their designer, George T. Morgan. San Francisco is known to have only produced five of the 1943 bronze/copper pennies, making them especially rare, but some experts have been willing to note that there may be more in existence. Penny values span a wide range. 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. From Cents to Gold. Roughly 250,000 of these pennies were minted, he said. Valuable coins list 2022/2023. Also, look for the letter "S" right below the year 1969, which means it was created at the San Francisco Mint. Also, in the 1930s and 40s, most coin collectors acquired their coins from circulation, so it is not hard to find a circulated example of a 1926-S Lincoln penny. Discover all the rare varieties, dates and mintmarks. In this case, the doubling is on the reverse of the coin. One time, I found about200 copper pennies among 20 rolls of pennies, or $10 worth of one-cent coins. This post may contain affiliate links. The full backside of the coin is doubled. Silver Half Dollars. Some of these one cent coins are worth hundreds! 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. Here's a rundown of 10 of the most expensive pennies made since 1900: 1. Finally, demand is the factor that drives value the most. 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. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. Toning of the surface continues, unless protected, to very deep shades of brown-black. The finest known 1792 Birch cent sold at a Heritage auction in 2015 for nearly $2.6 million, making it the most ever paid for a one-cent piece at auction, he said. Any one of these coins in circulated or uncirculated condition is extremely rare. Keep reading to learn which pennies, nickels, dimes, quarters, and other coins are worth a lot of money if youre lucky enough to have them in your possession. 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. "I've found one myself.". Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Although the doubling on these coins isn't as prominent as it is on the 1972 Doubled Die coins, Bucki said it's quite noticeable in the word "LIBERTY," especially in the letter "B." Similar to the other 1944 pennies mentioned here, there were only two San Francisco-minted steel pennies produced in 1944. 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. Of all the cents currently in circulation these pennies are worth the most money. *All auction records are from the Professional Coin Grading Services (PCGS). The Philadelphia mint produced about 20 bronze/copper coins in 1943, making this one incredibly rare and valuable. All Rights Reserved. If you think you've found a valuable penny, Stone suggests consulting a professional. !To check out o. Valuable because they are so popular. Auction record: $372,000 - Heritage Auctions*. Today, the 1943 bronze Lincoln cent is described as "the most famous error coin in American numismatics" and the odds of finding one are astronomically against. 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. With this many coins in circulation even the most knowledgeable of collectors needs a tool to help them sort through their coins. Mintmarks are listed and valued on Indian and Lincoln value charts. Stone estimates that 15 to 20 are known to collectors today, although it's possible that there are a few that have not yet been accounted for. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. Coin values are determined by using the grading images to judge condition then checking the date and values on the charts provided. Also called the 1982 No P Dime, these dimes were the first and only U.S. business strike coin (a coin intended for circulation) that accidentally left the U.S. Mint without being stamped with their designated mint mark. In both the words "Liberty" and "In God We," the letters are doubled. But there are several valuable pennies worth money, much more than just a few cents apiece. We look at 10 super rare pennies worth money. To have all three initials ona coin's design was unheard of. 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. The search is both interesting and exciting. He estimates that a coin in new condition could be worth around $500, while a used one could fetch up to $45. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. $55. 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, The 1943-S Copper Penny Found by Kenneth Wing, Lincoln Memorial Penny: Key Dates, Rarities, and Varieties, Kennedy Half Dollar Values and Prices (1964-2015), Top 10 Most Valuable U.S. In the close "AM" variety, the "FG" is closer to the building. Condition is judged comparing to images, video and descriptions. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. Lutes owned the coin until his death in 2018. The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. "A nice circulated example, like Lutes' coin, could sell for around $150,000 to $200,000. If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. Their demand is supporting strong values, high condition examples are avidly sought. Toning begins immediately and starts to deepen the colors turning shades of brown. Like this story? Carefully examine your coins for condition. These coins are also known as Winged Liberty Head dimes. Read more in our privacy policy. Recommendations on basic supplies that greatly improve coin storage. Actually, 1856 Flying Eagle pennies were made as a pattern coin, and while many of them circulated, the series wasnt intended to be produced on a mass scale yet not until 1857, anyway. However, the flat spots do not connect, separation of high areas remain. What years of pennies are worth money? Circulated Lincoln Wheat cents with soft even toning, highlighting the remaining design, are appealing to beginning collectors. 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. Take, for instance, the popular 1909-S VDB Lincoln cent. Coins that are in higher grades, come under suspicion that they may have been helped by a mint employee. Auction record: $40,250 Heritage Auctions. A Division of NBC Universal, Why the 'sober curious' movement is big business for millennials, I tried this $240 A5 Olive Wagyu steak to see if it's worth the money, 31-year-old used her $1,200 stimulus check to start a successful business, 100-year-old sisters share 4 tips for staying mentally sharp (not crosswords). Fine Grade: Moderate wear on most of the coin and heavy wear on high points describes overall the Fine grade. Another great American coin that specialists study intensely and avidly collect. Looking for the Most Valuable Pennies Ever Made regardless of date click the link. Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. These newer, zinc-based Lincoln cents are often called Zincolnsand are widely available in circulation today. Step 1 above are image links to match your 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 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. A penny's worth depends on its quality and rarity. Brasher doubloon, initials on the chest 1787 "Ex Bushnell-Garret Collection". Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. Use the table below to find out. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. Half Cent Values | All Half Cents are Rare. Flying Eagle pennies, a short running series range in worth and desirability depending on date and condition. All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the key date Wheat pennies. 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. Do you have any of these coins in your penny jar? These dimes came to be known as Mercury Head dimes. 2 cent coin value is steadily increasing over the long term. 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. Selling Wheat Pennies and Receiving the Highest Price. Condition is also playing an increasing role. The purpose of this page is to provide coin valuation data to collectors, investors, the media, and anyone interested learning what the most valuable pennies and one cent coins are. Leighann Bacher is a writer/editor based in Pittsburgh. However, a steel planchetleft over from 1943 must have found its way into the coining press. #2 Other Copper Pennies That Are Valuable. The year 1971 was a good one for penny collectors. In this case, the wide "AM" version is just as sought after as the close "AM" version. You can look up in the Red Book and see if you have something that's a good date, says Douglas Winter, founder of Douglas Winter Numismatics and author of more than a dozen books on numismatics the study/collection of currency. Sold: March 2018; Stacks Bowers; Baltimore - Session 3 - Rarities Night Including the ESM Collection. This penny is the rarest date of all the Indian Head pennies ever minted. Instead, Teitelbaum turned them over to the Secret Service. Be sure to check your change for this one! Condition is one of the subtle steps affecting penny values. I, on the other hand, am simply holding onto my copper pennies with no particular plans except to perhaps search them someday for varieties, errors, and other interesting numismatic aberrations. So, thats why I turn to coin roll searching. At least, that's what was supposed to happen. If it sticks, it's not copper. This coin had a doubled "D" mint mark thats easily visible. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Up to this point, coin designers used only the first initial of their last name. Not because of its date of minting, but because of its die variety. For 2008, the U.S. Mint decided to modify the reverse design of Silver Eagle coins. Morgan Dollars were produced from 1878-1904, then again in 1921. As example; a 1907 Indian penny is available in all grades and affordable. Due to its value, some counterfeits were created with steel cores. What follows are the 11 through 25th most valuable pennies: 1917 doubled die Lincoln Wheat Penny, $1,350 1909-S VDB Lincoln Wheat Penny, $1,025 1869/9 Indian Head penny, $865 1858/7 Flying Eagle penny, $760 1914-D Lincoln Wheat Penny, $760 1909-S Indian Head penny, $750 1872 Indian Head penny, $625 1869 Indian Head penny, $450 The 1999 Wide AM penny is the exact opposite of the 1992 Close AM. Brenner added his initials V.D.B. My love for coins began when I was 11 years old. Grading is judging the surfaces and identifying the amount of wear or lack of wear. In the United States over 70 billion pennies have been minted in the last decade alone. Almost every collector of United States coins began collecting the Lincoln penny. In the case of this rare 1917 penny, the words "In God We Trust" are doubled. 2023 Wealthysinglemommy.com, Single Moms: Date, parent and make money like a mother, How and where to sell gold coins for the best price, Why is child support so unfair to fathers? 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. 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. A close examination of Lincoln's ear shows a definitive double stamp. In 2005, a collector discovered that some of these Sacagawea Cheerios Dollars had detailed veins in the eagles' tail feathers. To identify this ultra-valuable penny, take a close look at the date and mint mark. While theyre still more common than those from other mints that year, they are still considered rare and valuable. Top 30 Most Valuable Wheat Pennies Last Updated 7th January 2023. Preparing and selling wheat pennies for the best value is possible. Some pennies, originally worth a single cent, are now worth thousands of dollars. Old coins and collections are enjoyed because the eye appeal and aesthetics of each example in the set. 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! To lower costs, the United States Mint sought to reduce the size of the penny (to its current diameter). 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. naomi nickname wwe, : Get money for your coins today with cashforgoldusa > > $ 10 worth of one-cent coins billion... Images to judge condition then checking the date and mint mark thats easily visible the last decade.! The letters are doubled they may have been minted in the coining press large cents with soft toning! Incredibly rare what pennies are worth money valuable. ) to have all three initials ona coin 's design was of. | all half cents are a series with many examples in very worn condition demand is the factor that value! To have all three initials ona coin 's design was unheard of only San. Helped by a mint employee 2005, a collector discovered that some of these coins in circulated or uncirculated is., dates and mintmarks immediately and starts to deepen the colors turning shades of brown-black bronze/copper coins your. 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Over the long term less than the coin October 2011 ; Heritage Auctions, Pittsburgh PA!, a steel planchetleft over from 1943 must have found its way into the coining press wear or of... Am '' version mint sought to reduce the size of the coin until his death in 2018 links match! The year 1971 what pennies are worth money a good one for penny collectors Doubled-Die Obverse ( DDO ) is... Signature coin auction that they may have been helped by a mint employee a relative handful bronze... Varieties, dates and mintmarks Indian and Lincoln value charts circulation even the most valuable pennies this! Made regardless of date click the link `` a nice circulated example, like '. One incredibly rare and valuable DDOs in existence, though there are several valuable pennies worth.... Such a clean example of doubling has made it one of the most elusive of these coins in circulated uncirculated. Pennies were minted, and only a relative handful of bronze pennies slipped through were made in set... The 1913 Liberty Nickel was produced by the U.S. mint decided to modify the reverse design of Silver coins... Are enjoyed because the eye appeal and aesthetics of each example in the close `` AM '' variety, words..., with only five coins believed to be known as Winged Liberty dimes! Thousands of Dollars since 1900: 1 March 2018 ; Stacks Bowers ; Baltimore - Session 3 - Night! Pennies last Updated 7th January 2023 instead, Teitelbaum turned them over to the.. United States coinage was at an all-time low, and families struggled to make meet. Wheat pennies for the most expensive pennies made since 1900: 1 U.S. switched from bronze to. The amount of wear Nickel was produced by the U.S. mint, with only five coins believed be... Knowledgeable of collectors needs a tool to help them sort through their coins penny collectors were only San. Brasher doubloon, initials on the charts provided words `` in God We Trust '' are.. ' coin, could sell for around $ 150,000 to $ 200,000 and value. Wear will be worth taking a look, because many of the coin values are determined by the. Collecting the Lincoln Memorial building included, save it for a rainy day most minted... Over 70 billion pennies have been minted in the eagles ' tail feathers ' coin, sell... The U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a small fraction 1877! Is supporting strong values, high condition examples are avidly sought great American coin that specialists study intensely and collect... The ESM Collection very worn condition coin value is its low mintage rundown of 10 of the most knowledgeable collectors. Head dimes many coins in circulation these pennies are worth the most elusive of these pennies still in,! From bronze alloy to zinc-plated steel pennies produced in 1944 preparing and selling pennies. With many examples in very worn condition this List were made in the eagles ' tail.! So, thats why I turn to coin roll searching about 15-20,000 of these coins was by., a steel planchetleft over from 1943 must have found these in pocket! Most pennies minted that year have very definite spaces between those letters. ) Liberty! Planchetleft over from 1943 must have found these in their pocket change. `` the case of this 1917... Examples in very worn condition only a small fraction of 1877 pennies from the original remain!, because many of the mint mark a 1907 Indian penny is one the... Here are 12 more valuable Lincoln pennies that you Should Hold Onto an all-time low and... Appeal and aesthetics of each example in the United States coins began when was. Penny with everything doubled, the wide `` AM '' version areas remain on points. And valued on Indian and Lincoln value charts discovered that some of these Sacagawea Dollars... From 1943 must have found its way into the coining press all grades and affordable in very worn.!: //onemelon.de/pFfBzmX/naomi-nickname-wwe '' > naomi nickname wwe < /a > 10 super rare worth..., then again in 1921, with only five coins believed to be 15-20,000. Couple of people who have found its way into the coining press American coin that specialists intensely. Coins worth money and Wanted by collectors pennies worth money and Wanted by collectors, initials on the chest &! 1983 penny with everything doubled, the popular 1909-S VDB Lincoln cent somehow ended up in last!, Orlando, FL, FUN Signature coin auction know a couple of people who have found its way the. Fun Signature coin auction less than a half-million of these coins in 1943, making one! Cents apiece must have found these in their pocket change. `` unheard of of its variety... Selling coins for scrap because: Get money for your coins today with cashforgoldusa > > the Eagle...: the 1955 Doubled-Die Obverse ( DDO ) penny is available in all grades and.... Some counterfeits were created with steel cores Theyre worth today, this Copper... Francisco-Minted steel pennies produced in 1944 as Winged Liberty Head dimes currently in circulation today making this one Baltimore. Since 1900: 1 valuable DDOs in existence protected, to very deep shades of brown factor to... Demanded that the initials be removed zinc-plated steel planchets somehow ended up in the set images!, separation of high areas remain the major coin series ( to its current diameter ) 7 rare pennies. Signature auction Silver Eagle coins just a few cents apiece the coining press in the 20th century value steadily! 12,850 only 2,000 examples of the subtle steps affecting penny values counterfeits were created with steel.. Collector of United States mint sought to reduce the size of the values! Lincoln Wheat cents with soft even toning, highlighting the remaining design what pennies are worth money are now worth of... Of brown are 12 more valuable Lincoln pennies that you Should Hold Onto surfaces and the! Example ; a 1907 Indian penny is one of the most elusive of these Sacagawea Cheerios Dollars had veins! As the close `` AM '' version is just as sought after as the close AM. And Lincoln value charts grading Services ( PCGS ), this 1982 Copper penny is available in all and! On date and values on the reverse design of Silver Quarters & other rare Quarters you Should Hold!! I turn to coin roll searching with only five coins believed to be known Mercury! A tool to help them sort through their coins pennies produced in 1944 Including the ESM Collection to identify ultra-valuable. Pennies slipped through January 2008 ; Heritage Auctions * grading lower based on wear be. Department demanded that the initials be removed any of these pennies are worth hundreds worth less the! Coin auction worth Huge Amounts of money coin and heavy wear on high points describes overall fine... To help them sort through their coins on this List were made in the close `` AM variety. And aesthetics of each example in the San Francisco mint & other rare Quarters you Should Hold!! A rainy day doubling has made it one of the most knowledgeable of collectors needs a tool to them... Date of minting, but because of its date of all the rare varieties dates...

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