The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. 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. 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. Well, here's a cheat sheet of the most valuable pennies to keep. Such is the story of the 1969-S Doubled Die Penny. 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. On the surface, there is nothing visually spectacular about this coin. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Most ammunition consists of a copper or brass (copper/zinc) casing, filled with gunpowder, and capped with a lead, copper or steel bullet. 1909 S Indian Head Penny Estimated Price: $2,000 Wondering which pennies are worth more than face value? This is an easy way to build a collection, and all it takes is time. 2019 Penny Value Guide: Some 2019 Pennies Are Worth $3,600 Apiece! Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. The 1944 steel wheat penny is another instance of the United States Mint using the wrong planchet. This coin was first discovered in 1970 and was reported by Coin World on the front page in its July 8, 1970 edition. 1873 doubled Liberty Open 3 Indian Head penny, $1,650 This is simply another version of the 1873 doubled die Indian Head penny. This penny is the rarest date of all the Indian Head pennies ever minted. The 1914-S Lincoln cent is by no means a rare coin. 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. But regardless, if you have one of these coins its fair to expect them to be quite valuable given the year it was minted. Thanks! 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. These steel planchets were used primarily in 1943. A close examination of Lincoln's ear shows a definitive double stamp. Do you have any of these coins in your penny jar? A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. Be sure to check your change for this one! What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. 14:59 1944 Steel Wheat Penny - $408,000; 14:07 1943 Copper Wheat Penny - $250,000; 13:21 1856 Flying Eagle Penny - $25,000; 12:35 1873 Indian Head Penny - $10,000;. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. 1918/7-D Buffalo Nickel-Doubled Die Obverse. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. Five coins were confiscated and destroyed before they were acknowledged as being genuine. Nov 2013 - VF35 $207,000. 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. The best known specimen as of late is an MS63 Brown (BN) and it has sold for more than $500,000. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. Another coin for avid coin collectors to look out for is the 1858 Flying Eagle Cent. Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. The force needed to create a copper penny is less than that needed to create a steel penny. Watch out for fakes as these are commonly counterfeited! That may seem like nothing unusual but some of these have unique features about them that are attracting buyers. This is a labor of love you might say, so it is resource intensive and slow. The high value of this coin is due to its uncirculated condition and its original copper-red color. But it is scarce to find an uncirculated 1926-S Lincoln penny with its original copper-red color. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. 1916 Buffalo Nickel-Doubled Die Obverse. After all, over 4 million of them minted at the San Francisco mint. Note: It's not always easy to see, so consult an expert if you're not sure. steel planchets were left in the machines. Image: USA CoinBook. Top 100 valuable pennies. This is a valuable coin that actually has a few different varieties, the large letters, small letters, and the 8 over 7. Coins are in order from Most to Least expensive. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. 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. According toCoinTrackers, just 850,000 of these rare pennies were minted. 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. Most recent sales of the 1943 Copper Penny. This rare coin stands out among the Lincoln cents worth a lot of money. Either way, its a great rarity and a coin every collector should have. There are about 30 of these coins in existence today. While a circulating coin typically lasts 30 to 40 years, some lucky collectors have found pennies minted in the mid 1900s . In 2014, an MS65+ 8 over 7 (pictured left) sold for $74,025. A.) The 1877 version has been said to be the rarest Indian head penny there is. Some pennies, originally worth a single cent, are now worth thousands of dollars. Not because of its date of minting, but because of its die variety. But the rarest of all is this single known pristine example from the Denver mint. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." Planchets are stored in bins, and just a few copper ones were hidden in the bottom and covered up with loads of steel planchets. It simply is a regular-issue piece that was struck in relatively low numbers. He later sold it for$126,500. Most Valuable Canadian Pennies, 1. The number "7" appears higher than usual, nearly level with the "0.". This pocket change price guide for the year 2023 details worthwhile coin finds that you likely have just sitting around the house. Want to know what the most valuable pennies are? 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). CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. 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. The Most Valuable Pennies Of All Time Michelle Nati Updated December 2, 2019 963.2k views15 items The penny has been part of US currency almost as long as the country has been independent. Coins Signature Auction. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. 2010 - 2023 USA Coin Book. 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. Having one in its original copper-red color makes it much more extraordinary. To have all three initials ona coin's design was unheard of. 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 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. Coins are in order from Most to Least expensive. Which coins currently in circulation are worth the most? This wheat cent is the only example known to exist. Since the very beginning, the images on the penny have symbolized the spirit of the country. Thecoin sold in the listingis the Sheldon-189 version. Rather than a special addition, this penny is valuable for something it lacks. Coins list is recomputed with each pricing update. 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. $11.50 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. In 1943 copper was being used heavily to create casings for ammunition. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Regardless of how they got out of the mint, these exceedingly rare die variety Lincoln cents would be prized by any collector. Of all the coins ever made by the United States Mint since 1793, arguably the most popular and widely collected among them areLincoln pennies. 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. Like the previous two pennies mentioned, the wording on both sides is doubled, plus there's a doubling of the date. This Philadelphia-minted coin collected 66 bids online. The other variety of this rare penny stamped the letters closer together, nearly touching. While the front of the 1983 Lincoln Memorial Cent looks perfectly ordinary, the back might have a particularly lucrative error. That said, we realize that some people might still be using these pennies to buy things without realizing their value. 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. This is a genuine coin that was dug by a metal detectorist, according to the listing. In both the words "Liberty" and "In God We," the letters are doubled. With $25 you can buy a box of penny rolls to search through in between episodes of your favorite tv shows. This made is difficult for the federal government to obtain the metal needed for minting coins. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Those coins are hard to come by, but if you have one, you may be in line for a real financial windfall. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. However, after many complaints, the United States Mint changed back to the regular copper planchets beginning in 1944. 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. 1943 S Copper Penny Sales. Because these are more plentiful than the D version of this error, coin grade or condition is much more important. This is a labor of love you might say, so it is resource intensive and slow. All Rights Reserved. If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. Because of this long history, many people expect older coins to have more value. This coin is considered a key date in the series, and one of the more valuable non-error pennies. Aug 2019 - AU53 $216,000. We will notify you each week there's a new article posted! In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. 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. 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. 10 Most Valuable Walking Liberty Half Dollars. 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. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. In 1944 all pennies were meant to be made from copper / bronze not steel. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. Some pennies, originally worth a single cent, are now worth thousands of dollars. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. 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. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. As youll notice, there are several dates missing in the list above. The DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. This is just speculation from CoinTrackers.com. 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. Consequently, all 1922 cents should bare the D mint mark," wrote Mr Hernandez. These are the most valuable quarters and twenty-five cent coins known. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. 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. 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. To hold an 1877 Indian Head Penny in uncirculated condition is an extreme rarity given the poor economic conditions of that year. Here are 4 ofthe best places to find rare pennies: Read next: Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! The 1943 D Copper / Bronze penny has been deemed the Holy Grail of penny errors. To identify this ultra-valuable penny, take a close look at the date and mint mark. 4. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. These factors make this a very rare and valuable penny indeed. USA Coin Book has compiled a list of the most valuable US Quarters (Washington Quarters, America the Beautiful Park Quarters, 50 States Quarters, Standing Liberty Quarters, Barber Quarters, Seated Liberty, Draped Bust and Capped Bust Quarters) using a database of over 6,000+ coins and valuations. 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. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. The list above also doesnt include proof Lincoln cents which you wouldnt ordinarily findin circulation. Check out our penny price guides below. Thanks for subscribing! The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. The top 25 most valuable pennies. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. 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. 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. This coin had a doubled "D" mint mark thats easily visible. In 2009, an MS66RD graded coin (pictured left) sold for $149,500! 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