The TOP 25 Most Valuable Pennies. 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. Only nine other Lincoln wheat pennies have a lower mintage. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. Since pennies hold a special place in almost every coin collector's heart, demand for high-quality coins can drive the value through the roof. While theyre still more common than those from other mints that year, they are still considered rare and valuable. 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. This coin features the same proof die reverse as the 1998 wide AM coin. 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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. We've also rounded upthe most valuable US coins worth up to $10,633. 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. Stay up to date with everything about U.S Coins, We dont spam! 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. This coin sold on eBay on August 3, racking up 46 bids that quickly jumped in price. Many of these coins exhibit wear from circulation. Nov 2013 - VF35 $207,000. These planchets were then fed into the machines and struck by the die means for the 1944 copper penny, creating 1944 Steel cent errors. But the rarest of all is this single known pristine example from the Denver mint. Coins that are in higher grades, come under suspicion that they may have been helped by a mint employee. Extra notes: 1944 steel cents should technically be a weaker strike than 1943 steel cents. Why so few? It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. In 2009, an MS66RD graded coin (pictured left) sold for $149,500! 1926-S Buffalo Nickel. Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. 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. Most Valuable Coins by Type. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. 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. 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. 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. In 1943 copper was being used heavily to create casings for ammunition. The 1944 steel wheat penny is another instance of the United States Mint using the wrong planchet. Be careful not to scratch the coin however. The initial cost to get started is just $25.00 and your time. Almost every collector of United States coins began collecting the Lincoln penny. But it is scarce to find an uncirculated 1926-S Lincoln penny with its original copper-red color. A close examination of Lincoln's ear shows a definitive double stamp. 1958 Doubled Die Obverse Lincoln Penny - About $336,000 The 1958 Doubled Die Obverse Lincoln Penny is one of the most valuable pennies in the world, considered as the holy grail by many coin collectors . To My Young Brothers & Sisters at Reddit & Elsewhere. Although the doubling is not as dramatic as the 1955 doubled die obverse, it is evident with low-level magnification. 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, Kennedy Half Dollar Values and Prices (1964-2015), The 1943-S Copper Penny Found by Kenneth Wing. Why It's Worth So Much: Created at the San Francisco Mint, this was a happy accident for collectors. Consequently, all 1922 cents should bare the D mint mark," wrote Mr Hernandez. In 2021, an MS65 RB graded coin (pictured left) sold for $66,000. 1999 Wide AM. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). Up to this point, coin designers used only the first initial of their last name. On the surface, there is nothing visually spectacular about this coin. As with anything that's mass-produced, some mistakeshave crept into the penny's circulation. Thepennies that arent on this list are worth only a nominal amount usually between 3 cents and $1. 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. 1909 S Indian Head Penny Estimated Price: $2,000 Up until the late 1950s, Mr Brenner designed all the years ofthe coinsfeaturing Lincoln. This penny exhibits doubling on the date and lettering on the obverse. In both the words "Liberty" and "In God We," the letters are doubled. Do you have any of these coins in your penny jar? In 2014, an MS65+ 8 over 7 (pictured left) sold for $74,025. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. Such is the story of the 1969-S Doubled Die Penny. 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. To have all three initials ona coin's design was unheard of. Read on to find out what makes these 16 coins the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. Pokmon TCG Umbreon-EX Fates Collide 119/124 Holo Full Art NM . If you are investing money in rare pennies, buy coins that are in the best condition you can afford, and always focus on purchasing coins that display original color and are in nice shape overall. Minted in Philadelphia, the coin features an Indian head with the United States of America on the sides, with the year 1877 below. One factor contributing to this coin's significant value is its low mintage. Our most valuable coins list includes coins starting in 1793 up to the present (2023). Most ammunition consists of a copper or brass (copper/zinc) casing, filled with gunpowder, and capped with a lead, copper or steel bullet. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. 1924-S Penny The estimated value of 1924-S Lincoln Wheat Penny is worth $1.54 in average condition and can be worth $126 to $230 or more in uncirculated (MS+) mint condition. There have been to our knowledge no coins in this condition and color found. The bottom line When it comes to pennies, there are lots of valuable errors to look for! Steel cents require greater force when struck by dies. But coins hold their value remarkably well. This is a labor of love you might say, so it is resource intensive and slow. 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. 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. C $18.15 Free shipping 187 sold. 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. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. All Rights Reserved. 1913 Liberty Nickel-The Olsen Specimen. The Philadelphia mint produced about 20 bronze/copper coins in 1943, making this one incredibly rare and valuable. It is estimated that only 5 million of these coins were made, and very few of them were saved in uncirculated condition. Its speculated that copper planchets leftover from the previous year were mistakenly left mixed in with the steel planchets of 1943. The close "AM" version is the more valuable penny of the two. Thats compared with more than 72million of the other version of the 1909 coin. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. These are everyday, run-of-the-mill coins currently in circulation. Similar to the other 1944 pennies mentioned here, there were only two San Francisco-minted steel pennies produced in 1944. The majority of these coins are Denver and Philadelphia issue coins, and all have been issued within the last 55 years. One example circulated for a while before being picked up by a collector. Sold: August 2017; Heritage Auctions, Denver, CO, ANA U.S. 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. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. 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 1944 Steel Wheat Cent is one of the most popular error coins of the Lincoln Cent series. 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. Damaged coins or those grading lower based on wear will be worth less than the coin values listed above. 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. Click coin image to view full-size image. 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. Coins list is recomputed with each pricing update. 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. Thecoin sold in the listingis the Sheldon-189 version. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. This is one of the most popular and controversial coins among collectors. Thanks for subscribing! 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. These are incredibly rare so make sure that your coin is certified if you find one or buy one. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. Just as with the flying eagle cent, this coin was designed by Mr Longacre. Estimated coin prices and values in our database are updated twice per year. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. If you want to know what your U.S. penny is worth, then read on! Real People. Even the smallest abrasions can affect the coin's value. Most recent sales of the 1944 Zinc coated steel penny sales. Five coins were confiscated and destroyed before they were acknowledged as being genuine. 10 most valuable pennies If you're just starting out collecting coins and you're not sure what to keep your eyes peeled for, or if you have been collecting for years and just need a refresher, we've made a list for you of 10 valuable pennies you need to have in your collection. 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). 25 Most Valuable Pennies. This only takes place in the small date version. Jan 2016 - AU55 $211,000. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. Read more in our privacy policy. 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