Lincoln pennies are the first coins I ever collected when I initially charted my path in the hobby back in 1992, and its by far the coin series Im most often asked about from readers here at The Fun Times Guide. In 2021, an MS62 graded coin (pictured left) sold for $372,000. Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. Since this coin exhibits evidence of circulation and must have exited the mint via regular distribution channels. USA Coin Book has compiled a list of the most valuable US pennies ever known. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. Our most valuable coins list includes coins starting in 1793 up to the present (2023). Image: USA CoinBook. 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. 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. 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. There is no noticeable bag mark on the coin's surface, and it has retained its original bright red-orange copper color. However, after many complaints, the United States Mint changed back to the regular copper planchets beginning in 1944. In 1864, the Civil War was dragging on, and the United States economy was extremely fragile. The 1914-D Wheat Cent is a great addition to anyones collection. Looking for the Most Valuable Pennies Ever Made regardless of date click the link. These are incredibly rare so make sure that your coin is certified if you find one or buy one. Since the very beginning, the images on the penny have symbolized the spirit of the country. To have all three initials ona coin's design was unheard of. 1944 Steel Wheat Penny struck in San Francisco Mint. We strive to put out videos as quickly as we can that c. This 1943 Lincoln penny should have been struck on a zinc-plated steel planchet but was in fact made with a bronze alloy planchet. Bottom line: OK, we'll admit it. 50 Most Valuable Coins in the World | Work + Money Coins 50 Most Valuable Coins in the World By Kimberly Yavorski, updated on August 22, 2022 Stack's Bowers Coin collecting goes back to medieval Mesopotamia. In addition to the doubling of wording, the date and "S" mint mark are also doubled. Because of their uniqueness, theyre remarkably valuable. This Indian cent had a total of six bids at the close of the auction on eBay. All of these factors together make this the second most valuable penny in the world. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. While theyre still more common than those from other mints that year, they are still considered rare and valuable. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! Fiction Writing. We are using our database of virtually every US coin ever produced (6,000+ coins) based on year, mint mark, major varieties, errors and their associated price values to come up with a list of the top most valuable pennies known. This is just speculation from CoinTrackers.com. This coin is considered a key date in the series. The United States mint struck over 430 million of them. That said, we realize that some people might still be using these pennies to buy things without realizing their value. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. A 1933-D, for example, may be valued at $2.30 or more. Many of these coins exhibit wear from circulation. This post may contain affiliate links. $11.50 The initial cost to get started is just $25.00 and your time. 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. If you enjoy this article please be sure to share on your favorite social media platform. 1926-S Buffalo Nickel. Even for an example in a lowly grade of Good-4 on the Sheldon Grading Scale, 1856 Flying Eagle pennies are valued at about $7,000! A zinc coated steel planchet is magnetic. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. The 6 Most Common Valuable Coins 01 of 10 1969-S Lincoln Cent With a Doubled Die Obverse Heritage Auction Galleries This coin is exceedingly rare. What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. The 1943 D Copper / Bronze penny has been deemed the Holy Grail of penny errors. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. 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. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Just a few leftover copper penny planchets from the early 1940s were accidentally used to create 1943 Copper Pennies. The 1943 Copper Wheat Cent is a coin that was not supposed to exist. If you want this coin be prepared to shell out $1.2 million as that is the current asking price. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! Im the Coin Editor here at TheFunTimesGuide. Coins are in order from Most to Least expensive. 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.. 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! 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. Which coins currently in circulation are worth the most? 6. Sold: August 2014; Heritage Auctions, Chicago, IL, ANA US Coins Signature Auction. PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. Back to top. Thepennies that arent on this list are worth only a nominal amount usually between 3 cents and $1. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. All Rights Reserved. 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. Although the 1909-S Indian Head Penny has a smaller mintage, more of them were saved in uncirculated condition. 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. Most recent sales of the 1943 Copper Penny. 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. But, of course, rarity is a significant factor in determining a penny's worth. In both the words "Liberty" and "In God We," the letters are doubled. Jaime Hernandez wrote on PCGS that one of the things making this coin so rare is the low amount of coins that were collected this year versus in 1909. If a 1999 penny has a large space between the A and the M, and it's in amazing condition, odds are good it's one of the most valuable pennies still in circulation. While it is uncirculated and retains its original copper-red color from the day it was minted, the date and mintmark combination sets this coin apart from all others. Are you wondering what your penny is worth? The TOP 25 Most Valuable Pennies. I primarily collect and study U.S. coins produced during the 20th century. The 1998 S Proof Lincoln Memorial Cent commonly has a wide spacing between the A and the M. In the close "AM" version, the letters almost touch. A handful of these 1990s pennies didnt get the signature "S" mint mark. Be careful not to scratch the coin however. 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. 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. 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. 1999 Wide AM. Regular minted coins from 1992 will have a noticeable gap between the two letters. Sold: January 2008; Heritage Auctions, Orlando, FL, FUN Signature Coin Auction. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. Real People. If you buy thru these links, we may earn a commission at no additional cost to you. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. 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. @mohammed_nanotech / Twenty20 Some little pieces of copper can be worth some huge dollar amounts. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. It simply is a regular-issue piece that was struck in relatively low numbers. 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. Most recent sales of the 1944 Zinc coated steel penny sales. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. 2010 - 2023 USA Coin Book. 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. 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. Most of them pulled the coins out of circulation. A coin from the late 1700s has alsosold for more than $6,000. Although there were many of these coins made, they're hard to come by since they're so sought after and usually sell very quickly. Sold: September 2010; Legend Numismatics, Private Sale. Watch out for fakes as these are commonly counterfeited! What makes this particular coin extremely valuable is its pristine condition despite being over 100 years old. We earn a small commission for purchases made through the links below, which helps keep our site running. An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. Similar to the other 1944 pennies mentioned here, there were only two San Francisco-minted steel pennies produced in 1944. 01 of 15. In the case of this rare 1917 penny, the words "In God We Trust" are doubled. And its so valuable not only because of the controversy surrounding it but its low mintage too - just 484,000 of these coins have been minted. While the front of the 1983 Lincoln Memorial Cent looks perfectly ordinary, the back might have a particularly lucrative error. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. 1943 S Copper Penny Sales. Dont miss the 1936 Lincoln Wheat Cent Penny in your search for rare pennies, as one of these bad boys could be worth $2,222 in uncirculated mint condition. Nov 2020 - MS63 Brown $500,000. Finally, demand is the factor that drives value the most. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. 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