These are in order with the newest being on top. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. This is a valuable coin that actually has a few different varieties, the large letters, small letters, and the 8 over 7. Consequently, all 1922 cents should bare the D mint mark," wrote Mr Hernandez. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. Since most people do not look at the date on every coin that they receive in change, some of these 1943 bronze alloy pennies circulated for a while before being snatched up by an alert coin collector intent on cherry-picking the valuable Lincoln penny out of circulation. However, when the die used to stamp each penny became overused, this led to a batch of coins with either a very weak "D" marking or some in which the "D" was nonexistent. The 1922 D Wheat Cent is actually one of the most common dates of the 1920s, but its value comes from the fact that now pennies were minted at the Philadelphia or the San Francisco Mints. On closed 3 examples, it appears that the 3 has two nearly complete loops, whereas on the open 3 there is much more space between the ends of the 3 and the digits middle section. 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. This coin should've had a "D" for its Denver mintage, but the space on this coin is blank. The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. This is an indication that they were not "helped" by some unscrupulous mint employee. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. 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 odds of finding a 1943 D Penny struck on a bronze planchet is likely around 10 in 217 million. Pennies offer a plethora of errors and varieties some are fairly common and some are extremely rare. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. Most Valuable Coins by Type. Why It's Worth So Much: Copper wasadded to the penny in 1944; the alloy also incorporatedrecycled ammunition shells. The penny has been part of US currency almost as long as the country has been independent. This page is a work in progress, share to social media and check back later for updates. Also, the listing claims that it was the first American coin to use nickel to inspire a coin-collecting hobby in the late 1800s. This is a genuine coin that was dug by a metal detectorist, according to the listing. Just as with the flying eagle cent, this coin was designed by Mr Longacre. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. Initially, the government believed that these were counterfeit coins and began confiscating them. 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. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Aug 2019 - AU53 $216,000. In the close "AM" variety, the "FG" is closer to the building. Slightly more than 4 million of them were minted. 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. This is a labor of love you might say, so it is resource intensive and slow. Most ammunition consists of a copper or brass (copper/zinc) casing, filled with gunpowder, and capped with a lead, copper or steel bullet. As always, the value of any coin is only worth how much someone else is willing to pay for it. These steel planchets were used primarily in 1943. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. 10 Most Valuable Walking Liberty Half Dollars. The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. 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. What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. The DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. Any one of these coins in circulated or uncirculated condition is extremely rare. 1917-S Buffalo Nickel. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. Finally, demand is the factor that drives value the most. The 1943 D Copper / Bronze penny has been deemed the Holy Grail of penny errors. What penny errors should I be looking for? 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. 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. 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. Some of these rare pennies feature 16th PresidentAbraham Lincoln. Another coin for avid coin collectors to look out for is the 1858 Flying Eagle Cent. Thanks for subscribing! Most Valuable Canadian Pennies, 1. 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. Carefully hold a magnet over the coin and see if you get any reaction. Regardless of how they got out of the mint, these exceedingly rare die variety Lincoln cents would be prized by any collector. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. Thanks for joining the currency and coin community here on YouTube! These were minted in Philadelphia, Denver, and San Francisco, as well as in proof sets. Check outsix other rare and valuable error coins worth up to $599. The list below details by far the most valuable cents released into the United States monetary supply from 1900 to 2020. Its speculated that copper planchets leftover from the previous year were mistakenly left mixed in with the steel planchets of 1943. Because of their uniqueness, theyre remarkably valuable. 25 Most Valuable Silver Dollars 25 Most Valuable Half Dollars 25 Most Valuable Quarters 25 Most Valuable Dimes 25 Most Valuable Nickels 25 Most Valuable Pennies 10 Most Valuable Morgan Silver Dollars 10 Most Valuable Peace Dollars 10 Most Valuable Barber Half Dollars 10 Most Valuable Walking Liberty Half Dollars Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. 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. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. 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. Thats compared with more than 72million of the other version of the 1909 coin. Visitors can click on the links in the list below to view larger images of both sides of the coins (mint mark locations, error/variety diagnosis, etc), detailed pricing data for various conditions/grades of the coins, mintage figures, metal composition, history and other encyclopedic information regarding each individual coin. If you enjoy this article please be sure to share on your favorite social media platform. Steel cents require greater force when struck by dies. Estimated coin prices and values in our database are updated twice per year. Because not many of these pennies were minted, proof coins of either variety are valuable. And which pennies you should be holding onto, rather than spending? Its believed that less than 30 copper 1943 pennies exist from across all three mints (Philadelphia, Denver, and San Francisco) operating at that time. Coins that are in higher grades, come under suspicion that they may have been helped by a mint employee. In 1944 all pennies were meant to be made from copper / bronze not steel. These are incredibly rare so make sure that your coin is certified if you find one or buy one. But of course, youll want to keep in mind that the value of the coin could depend on the grade and condition. Pennies minted in zinc-coated steel planchets in 1944 are pretty scarce and, of course, highly valued by coin collectors. If you happen to find one it could be worth 1 Million, and possibly even more. 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. Most Valuable US Pennies - Highest Value 1 Cent Coins USA Coin Book has compiled a list of the most valuable US pennies ever known. 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. This rare penny is pulling in values of up to $500 in mint state condition, and with almost 4.5 billion pennies produced at the Denver Mint in 1992, there's a good chance that these are still in circulation.. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. The year 1971 was a good one for penny collectors. Most recent sales of the 1943 Copper Penny. Up to this point, coin designers used only the first initial of their last name. . This coin is considered a key date in the series. We strive to put out videos as quickly as we can that c. 2010 - 2023 USA Coin Book. If you think you might be in possession of this rare error here are the steps you should take. Nostomania's 100 Most Valuable U.S. Experts claim that plates of this metal were slipped in during the minting by . Because of this long history, many people expect older coins to have more value. Damaged coins or those grading lower based on wear will be worth less than the coin values listed above. Top 100 valuable pennies. These are the rarest and most valuable pennies that are worth more than $1 apiece: *Values are for problem-free coins in a grade of Good or better, and uncirculated for those dated 1959 and later. 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. Contact your preferred coin grading company and find out the safest way to send the coin their way, being sure to insure the specimen. Heres 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 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. In 2018, an MS66+RD graded coin (pictured left) sold for $158,625. This post may contain affiliate links. 1943 copper Lincoln Wheat Penny, $45,000 A Philadelphia Mint version of the 1943 copper penny may not be worth quite as much as a San Francisco Mint or Denver Mint example in Extremely Fine grade on the Sheldon Grading Scale, but its a rare coin nevertheless. 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. 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. A handful of these 1990s pennies didnt get the signature "S" mint mark. In 2006, an MS67RD graded coin (pictured left) sold for $97,750. To have all three initials ona coin's design was unheard of. In 2021, an MS62 graded coin (pictured left) sold for $372,000. This coin is considered a key date in the series, and one of the more valuable non-error pennies. 1873 doubled Liberty Open 3 Indian Head penny, $1,650 This is simply another version of the 1873 doubled die Indian Head penny. 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. The 1944 steel wheat penny is another instance of the United States Mint using the wrong planchet. These are in order with the newest being on top. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. 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. The penny features the letters VDB on the bottom of the back of the coin, which are the initials of designer Victor David Brenner. 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. 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. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. According toCoinTrackers, just 850,000 of these rare pennies were minted. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. "However, since the Denver Mint was under extreme pressure to produce cents for that year, there was a lot of sloppiness in the production process.". Such is the story of the 1969-S Doubled Die Penny. 1926-S Buffalo Nickel. One factor contributing to this coin's significant value is its low mintage. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. 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. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. (adsbygoogle = window.adsbygoogle || []).push({}); In 1943 the United States switched all pennies to 2.702 g zinc coated steel planchets.
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. Roosevelt Dime, PR 8 1990 No S Lincoln Cent, PR 9 2000-P Cheerios Sacagawea Dollar, SP 10 See the complete TOP 100 list READ MORE The Top 100 Foreword By Ron Guth The modern coin era began in America in 1965, the first year the U.S. Mint produced copper-nickel "clad" coins as a replacement for silver coins, ending an unbroken, 173-year tradition. 1913-D Buffalo Nickel-Type 2. 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. 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). Coin Chart: Tap a '+' sign to expand further coin details. 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. Nov 2020 - MS63 Brown $500,000. This Philadelphia-minted coin collected 66 bids online. Sold: August 2017; Heritage Auctions, Denver, CO, ANA U.S. While theyre still more common than those from other mints that year, they are still considered rare and valuable. Most recent sales of the 1944 Zinc coated steel penny sales. Thecoin sold in the listingis the Sheldon-189 version. If you know what to look for, this hobby could pay serious dividends. 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. Condition are also valuable, but the space on this coin 's was! 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