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. 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. 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. There are six known examples of this error being produced at the San Francisco mint in 1943. Thecoin sold in the listingis the Sheldon-189 version. Because these are more plentiful than the D version of this error, coin grade or condition is much more important. These are in order with the newest being on top. 1943 Struck on Bronze Planchets are cleanly struck and likely in great condition. 1943 S Copper Penny Sales. 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. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. This page is a work in progress, share to social media and check back later for updates. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. 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). The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. Real Experiences. 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. The high value of this coin is due to its uncirculated condition and its original copper-red color. Many of these coins exhibit wear from circulation. As a result, a majority of the 1941-D Lincoln pennies are in circulated condition. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. As a result, saving even a penny for a coin collection was not an option for most Americans. Sold: September 2010; Legend Numismatics, Private Sale. 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. If so, the modern United States cent is one of the best places to start looking. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. *All of the coin values listed from 1958 or earlier and 1959 to 2000 came from USA Coin Book, unless otherwise noted. This coin is considered a key date in the series. Because of their uniqueness, theyre remarkably valuable. Why It's Worth So Much: Copper wasadded to the penny in 1944; the alloy also incorporatedrecycled ammunition shells. The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. But the move needed Congressional approval, so the mint produced a batch of about 800 of the new pennies and presented them to the lawmakers. Coins Nostomania's 100 most valuable U.S. Only nine other Lincoln wheat pennies have a lower mintage. If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. This Indian cent had a total of six bids at the close of the auction on eBay. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. By checking this box, I agree to recieving email and phone communication about blog posts, coins, and coin related products from Coin Collecting or their trusted partners. 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. The Lincoln cent (technically, only Great Britain officially has adenomination called the penny) is a favorite among collectors young and old, rich and poor. The 1877 version has been said to be the rarest Indian head penny there is. 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. And some coins are made more valuable simply by being unintentional, as with the 1943 Lincoln pennies that were mistakenly made with bronze rather than steel. 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! As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. The odds of finding a 1943 D Penny struck on a bronze planchet is likely around 10 in 217 million. Perhaps 15,000 to 20,000 plain 1922 Lincoln Cents were made, but nobody knows the exact number of examples that were made, let alone how many remain to this day. But, of course, rarity is a significant factor in determining a penny's worth. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. This is a labor of love you might say, so it is resource intensive and slow. The United States mint struck over 430 million of them. A zinc coated steel planchet is magnetic. Having one in its original copper-red color makes it much more extraordinary. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. Our most valuable coins list includes coins starting in 1793 up to the present (2023). Why is this coin so rare? This is one of the most exceedingly rare and intriguing Lincoln cents. Which coins currently in circulation are worth the most? In 1944 all pennies were meant to be made from copper / bronze not steel. In the case of this rare 1917 penny, the words "In God We Trust" are doubled. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. This is making them worth significantly more than their original value of one cent. One variety had a widely spaced "AM" in the word "America.". While a circulating coin typically lasts 30 to 40 years, some lucky collectors have found pennies minted in the mid-1900s in their pocket change. However, the financial hardship of the time (including the economic downturn following the "Panic of 1873") meant that few people were able to save coins for their collections. However, a steel planchetleft over from 1943 must have found its way into the coining press. This only takes place in the small date version. Either way, its a great rarity and a coin every collector should have. The TOP 25 Most Valuable Pennies. This is just speculation from CoinTrackers.com. Stay up to date with everything about U.S Coins, We dont spam! $11.50 The best known specimen as of late is an MS63 Brown (BN) and it has sold for more than $500,000. These factors make this a very rare and valuable penny indeed. These are everyday, run-of-the-mill coins currently in circulation. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. 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. There is no noticeable bag mark on the coin's surface, and it has retained its original bright red-orange copper color. 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. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. B.) These were steel planchets that were coated in a layer of zinc to improve their luster. 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. Another double-died error can be found on the 1984 Lincoln Memorial Cent. We've also rounded upthe most valuable US coins worth up to $10,633. If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. In 2006, an MS66 graded coins sold for $32,200. This is a genuine coin that was dug by a metal detectorist, according to the listing. And which pennies you should be holding onto, rather than spending? While theyre still more common than those from other mints that year, they are still considered rare and valuable. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. This isn't the case. Wondering which pennies are worth more than face value? Well here you go a list of the most valuable pennies, each worth more than $1 apiece! The list below details by far the most valuable cents released into the United States monetary supply from 1900 to 2020. This is a labor of love you might say, so it is resource intensive and slow. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. At Coin Values, we are always staying on top of the latest changes in coin prices, and we have a list of the top 25 most valuable pennies. 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. But of course, youll want to keep in mind that the value of the coin could depend on the grade and condition. But regardless, if you have one of these coins its fair to expect them to be quite valuable given the year it was minted. 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. 1. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. 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. Free shipping . Value. This is a valuable coin that actually has a few different varieties, the large letters, small letters, and the 8 over 7. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. 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. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. 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. . 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. Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. The 1909 S Indian head cent is popular amongst collectors as it is one of only two in the series to have been minted at the San Francisco Mint. Contact your preferred coin grading company and find out the safest way to send the coin their way, being sure to insure the specimen. OK, we'll admit it. 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. Check out our penny price guides below. 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. Well, heres a cheat sheet of the most valuablepennies to keep. Fifteen bidders fought it out to get themselves this coin on eBay, with the winner shelling out $1,725. As youll notice, there are several dates missing in the list above. 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. 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. This post may contain affiliate links. Coins list is recomputed with each pricing update. This rare coin stands out among the Lincoln cents worth a lot of money. 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). Maybe you have a collectible in a bowl or piggy bank you've forgotten about. This coin should've had a "D" for its Denver mintage, but the space on this coin is blank. 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