It turns out that not every penny is worth just one cent - some could actually be worth hundreds of thousands of dollars. "The most valuable Lincoln cent sold privately in 2010 for $1.7 million," said Stone. Under the same law, its illegal to melt 5-cent coins for their copper value, too (yes, nickels are actually 75% copper). 1980-D Penny Value You should definitely keep your eyes out for one of these! Look our for these pennies worth good money. Approximately 8,000 to 10,000 coins were reportedly found in Sandusky, Ohio, where they were handed out at Cedar Point Amusement Park as change. Within the different series of copper US coinage are certain qualities setting one coin apart from others. This post may contain affiliate links. Subscribe to CNBC Make It on YouTube! Double-die pennies, coins struck twice by a metal die during the minting process resulting in doubled artwork . Five coins were confiscated and destroyed before they were acknowledged as being genuine. However, the flat spots do not connect, separation of high areas remain. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. In failing health, he consigned it to Heritage. The San Francisco branch mint began coining Indian pennies. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. Without further ado, my Top 10 Rare Canadian Pennies! Bucki estimates that 1,000 or less were made before the Mint discovered its error. Today, these coins are all accounted for, and two are on display in museums. Only nine other Lincoln wheat pennies have a lower mintage. In both the words "Liberty" and "In God We," the letters are doubled. Close-up images and descriptions of grades are used to judge condition. In commemoration of the bicentennials of the Louisiana Purchase and the Lewis and Clark expedition, the U.S. Mint resurrected the bison design as part of the four-coin Westward Journey Nickel Series. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. It's likely that an entire run of 250,000 pennies were printed this way, he said. But due to a mix-up, a proof die was used for the reverse of the coin before it was supposed to be used starting in 1993. Doubled dies are created when the hub imprints an additional image onto a die or stamp causing some misalignment. 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. *Values are for coins in Extremely Fine-40 grade. To have all three initials ona coin's design was unheard of. First of all, theyre worth more than face value. How to Video: | Grading Indian Head Pennies, How to Video: | Grading Lincoln Wheat Pennies. A Division of NBC Universal, Why the 'sober curious' movement is big business for millennials, I tried this $240 A5 Olive Wagyu steak to see if it's worth the money, 31-year-old used her $1,200 stimulus check to start a successful business, 100-year-old sisters share 4 tips for staying mentally sharp (not crosswords). While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch cushions. It was soon learned that only the Denver Mint struck pennies in 1922, and one-cent coins without a mint mark but bearing that date were in fact mistakes. This created an overnight sensation among coin collectors, and this penny has become known as the "Holy Grail" for collectors of Lincoln pennies. Bottom line: OK, we'll admit it. Sold: March 2018; Stacks Bowers; Baltimore - Session 3 - Rarities Night Including the ESM Collection. 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. Early date Lincoln pennies and higher condition coins are on the move. Sculptor Victor D. Brenner was asked by the U.S. Mint to design a coin depicting Abraham Lincoln in celebration of his centennial birthday. A case for needed reform . Slightly more than 4 million of them were minted. Earlier this year, an ordinary looking penny made headlines when it was found among the possessions of a man named Don Lutes. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. Collectors now have another variety as part of collections. 1971 Kennedy Half Dollar. Isn't it funny how having an extra ear can make a penny valuable? So, dont do it. In this case, the doubling is on the reverse of the coin. $20 Saint Gaudens Double Eagle 1933 "King Farouk of Egypt". But, of course, rarity is a significant factor in determining a penny's worth. These are auction records for the rarest Mercury Dime series: 1921-D: $23,500 Legend Rare Coin Auctions. They also offer professional coin grading. Grading is judging the surfaces and identifying the amount of wear or lack of wear. But thats doesnt mean Lincoln wheat pennies(which were minted from 1909 through 1958) are, as they say, chopped liver.. 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. But it is scarce to find an uncirculated 1926-S Lincoln penny with its original copper-red color. 1931-S Wheat Penny Value: $70-$150 Auction Record: $18,600 Shop 1931-S Wheat Cents on eBay.com The 1931 S Lincoln Wheat Penny is a key date in the series, with only 866,000 coins minted. If you think you've found a valuable penny, Stone suggests consulting a professional. Both sites have an A+ Better Business Bureau rating, payments within 24 hours, and a 100% customer satisfaction guarantee. 1. Using a step by step method discovers how much your old pennies are worth. Older copper pennies are 95% copper and 5% something else. 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. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. Carefully examine your coins for condition. The 1909 Indian cent series also has many high-value coins. 1969-S doubled die obverse Lincoln Memorial penny, $10,000 Doubled die coins have to be one of the most popular error coin varieties out there. Large cents with pleasing surfaces, lacking deep marks are somewhat elusive and special coins. This is a labor of love you might say, so it is resource intensive and slow. 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. The most elusive of these coins was owned by George Walton, the youngest signer of the Declaration of Independence. Though theyre a fun find, these coins arent that valuable you can buy one on ebay starting at about $6. Most pennies are worth 1 cent, but to coin collectors, some are worth more than their weight in gold. Penny values span a wide range. This coin had an RRP of $80 and a mintage of just 5,000. "It's especially obvious in the words 'ONE CENT' and 'E PLURIBUS UNUM.' Providing for safe handling, preserving of value and organizing your box of old coins. Four are within the Lincoln cent series, different mints and sub-varieties. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. They are usually dark brown in color, but occasionally red. The collector also ensured that the coin was correctly stored to preserve its color. Sometimes called "Lincoln Cents" (without mentioning the Memorial as described below,) they are made of almost pure copper (95%) except for one year, the 1943 penny, which is made of zinc-plated steel. Worth. The DDO on the coin has a very clear doubling on the lines "In God We Trust" and "Liberty." Many early era copper coins in a pleasing Fine grade are very collectible and valued. USA Coin Book estimated the value of this expensive penny at $917 in just average condition, but it could be worth almost $2,000 in tip-top shape. Any one of these coins in circulated or uncirculated condition is extremely rare. 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. Examine your coin and compare to the following images to find a match. James Bucki. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. Keep coin roll hunting and a. The 1999 Connecticut Quarter is the fifth design released in the 50 States quarter collection. As always, nicer, better preserved coin are always worth more. Note: It's not always easy to see, so consult an expert if you're not sure. A 1933-D, for example, may be valued at $2.30 or more. This is a labor of love you might say, so it is resource intensive and slow. Real People. The 1969-S (San Francisco Mint) is no exception, and its not only one of the most expensive small cents, but also the priciest among the Lincoln Memorial series. If it sticks, it's not copper. Bucki estimates that at least 250,000 coins released with the doubled die. There are about 45,000 of these coins in existence. So searching coin rolls is a much faster way to build your hoard of copper pennies than by simply pulling old coins out of spare change alone. How to Find Rare Coins Worth Money and Wanted by Collectors. What years of pennies are worth money? Series are identified along with dates and mintmarks. 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! The United States government banned melting copper pennies in 2006. The four currently operating U.S. Mints are: Auction record: $2,185 Heritage Auctions. She is also the co-author of "The Geek Gap" and vice president of the American Society of Journalists and Authors. Keep that in mind! To be precise: Copper pennies made up until 1962 had a 5% balance . While the Secret Service was trying to recover as many fakes as possible, they discovered several authentic 1969-S Doubled Die Obverse cents, which they initially believed were fake and destroyed increasing the rarity of the already rare coins. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. Most of these S-Mint Lincoln Memorial cents have been pulled from circulation, so they rarely turn up in pocket change anymore. Designed by sculptor A.A. Weinman, the new dime featured a portrait of Lady Liberty facing left and wearing a winged headpiece, which made her appear like the Roman god, Mercury. All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the key date Wheat pennies. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. Read more in our privacy policy. Most Valuable Canadian Pennies 1. However, during the transition period between 1942 and 1943, there were a number of leftover copper planchets (the plain metal discs used to make coins) that were accidentally struck with 1943 dates. This coin had a doubled "D" mint mark thats easily visible. The 1969-S doubled die penny value is about the highest of any Lincoln Memorial cent known to collectors at this time: 1969-S doubled die pennies are worth about $25,000 and up! Up to this point, coin designers used only the first initial of their last name. Good Grade: Heavy wear and a lack of remaining design is typical of a penny in Good grade. Date further identifies your coin and combined with availability, establish value. It is the most valuable Lincoln penny in the world. Thisstray planchet created a great rarity treasured by coin collectors, and they are willing to pay handsomely to add this coin to their collection. The Red Book, A Guide Book of United States Coins 2022 75th Edition, Pittsburgh Magazine's '40 Under 40 Honorees', Doubling to the Southwest on all four digits on the date, IN GOD WE TRUST on the other side doubled toward the East, D: Dahlonega Mint (coins from 1861 and earlier Denver didnt open until 1906), 1969-S Lincoln Cent With a Doubled Die Obverse, $54,625, 2004-D Wisconsin State Quarter with an Extra Leaf, $6,000, 1970-S Large Date Lincoln Cent With a Doubled Die Obverse, $3,675, 1972 Lincoln Cent With a Doubled Die Obverse, $1,150, 1999 Wide AM Reverse Lincoln Cent, $250, 10% bonus if you send in your item within 7 days. Many citizens hoarded gold, silver, and copper coins as a store of wealth. The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. So, check your change and coin roll hunt too! Most Valuable Half Dollars: A List Of Silver Half Dollars, Kennedy Half Dollars & Others Worth Holding Onto! The 1914-S Lincoln cent is by no means a rare coin. A penny or cent is one-hundredth of a dollar, which means a hundred cents or pennies make a dollar. It simply is a regular-issue piece that was struck in relatively low numbers. Pre-1960 Lincoln Wheat Pennies: These pennies were produced between 1909 and 1958 and feature an image of Abraham Lincoln on one side and wheat stalks on the other. Source: PGCS.com "The then 16-year-old Lutes received the copper-colored penny in change at his high school cafeteria in 1947," David Stone, a coin cataloger for Heritage, told CNBC Make It. There's those pawn shops or local cash-for-gold buyers that's not a good place to sell your coins, Winter says. All Rights Reserved. USA Coin Book has compiled a list of the most valuable US pennies ever known. To lower costs, the United States Mint sought to reduce the size of the penny (to its current diameter). Many large cents in nice condition with abundant detail remaining, are a valuable find. Condition is also playing an increasing role. Half cents are a series with many examples in very worn condition. A penny's worth depends on its quality and rarity. There are believed to only be about 20 of these rare coins in the world. "The few bronze coins that were struck went unnoticed and got released into circulation.". Leighann Bacher is a writer/editor based in Pittsburgh. Lincoln pennies minted from 1959 to 1982 are made of 95 percent copper and have about 2.5 cents worth of copper in them. This 1943 Lincoln penny should have been struck on a zinc-plated steel planchet but was in fact made with a bronze alloy planchet. Flying Eagle Penny Values | Discover Their Worth. 1969 Washington Quarter. Until then Philadelphia produced all cent and two cent denominations. CashforGoldUSA is our top choice for selling coins for scrap because: Get money for your coins today with CashforGoldUSA >>. Older copper pennies are 95% copper and 5% something else. Since this coin exhibits evidence of circulation and must have exited the mint via regular distribution channels. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. Be sure to check your change for this one! Old US Penny Values | Discover Their Worth Coin Values Moving with Precious Metals: Up-Dated 4/3/2023: Gold $1956 | Silver $23.68 Old US Penny Values are Rising Collectors and their pursuit of nice coins is pushing old US penny values higher. The other variety of this rare penny stamped the letters closer together, nearly touching. And heres the story behind zinc pennies. After 1964, a new alloy was used that eliminated silver, which is still in circulation today. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. In 1969, two men named Roy Gray and Morton Goodman began producing fake 1969 Doubled Die Lincoln cents and other counterfeit coins. "The regular run was supposed to have the letters 'A' and 'M' in 'AMERICA' almost touching, and the special proof coins were supposed to have a wider space between those letters," said Bucki. Some little pieces of copper can be worth some huge dollar amounts. As a result, saving even a penny for a coin collection was not an option for most Americans. 1983 P Washington Quarter. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. "I've found one myself.". 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. The finest known 1792 Birch cent sold at a Heritage auction in 2015 for nearly $2.6 million, making it the most ever paid for a one-cent piece at auction, he said. Sold: August 2017; Heritage Auctions, Denver, CO, ANA U.S. A quick look at the value chart shows a big change in how much your box of old pennies is worth. Many people who hoard copper coinsthese days are simply waiting for thepenny melting laws to change, which may happen someday. A penny's worth depends on its quality and rarity. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Condition is another; coins that stayed out of circulation may retain their original coloring and fine details, significantly adding to their value. These are Lincoln penny coins to look for in circulation or in your pocket change. !To check out o. 2010 - 2023 USA Coin Book. Others are worth their weight in gold or silver. Before you leave remember to share this page with your friends on your favorite social media platform to help us grow. Most uncirculated 1980 pennies are worth 10 to 30 cents apiece. The Half Dollar coin had silver in it until 1970. Confirm your coin as a half cent by denomination on reverse. In honor of George Washingtons 200th birthday, the U.S. government held a competition to redesign the quarter. These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. If you buy thru these links, we may earn a commission at no additional cost to you. A 1931-S could be worth $40 or more. Are you concerned the precious metals train has left the station without you. This came about because in the 1990s and early 2000s, the Mint used different dies for producing coins for circulation and proof coins for collectors, explained Bucki. Admittedly not the most popular coin, however those collecting the series are very serious. While Lincoln is still on the penny today, the wheat is long gone. They're worth far more than the famous 1909-S VDB penny - the rarest regular-issue Lincoln cent: The 1944 steel penny is worth between $75,000 and $110,000, depending on its condition. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. From Cents to Gold. In this case, some of that grease made its way onto the surface of the coin die, filling the spot where the first T indentation was supposed to happen. 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. 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. Collectibles come and go. This penny is the undisputed "King" of Canadian Pennies! It's not going to really give you an accurate value, but it'll give you an idea of what the value is relative to the most common issue of a type.. Penny values are date specific. Of all the cents currently in circulation these pennies are worth the most money. Estimated coin prices and values in our database are updated twice per year. Sold: September 2010; Legend Numismatics, Private Sale. Some error coins in this collection (not just the Connecticut quarter) were either broadstruck meaning they were struck outside of the retaining collar of the coin or double or triple stamped. Check your inbox or spam folder to confirm your subscription. The home page is an excellent index, quickly leading to the major coin series. Coins are in order from Most to Least expensive. Because not many of these pennies were minted, proof coins of either variety are valuable. Using a step by step method discovers how much your old pennies are worth. Coin Chart: Tap a '+' sign to expand further coin details. Leighann was named one of Pittsburgh Magazine's '40 Under 40 Honorees' for spearheading a social media campaign to connect people with COVID-19 vaccines and resources. Some auction houses offer free evaluations. Their demand is supporting strong values, high condition examples are avidly sought. The chosen design proposed by New York sculptor John Flanagan was minted on a silver alloy from 1932 to 1964, with the exception of 1933. These dimes came to be known as Mercury Head dimes. That means about 20% of the pennies passing through my hands in those rolls were copper ones. To hold an 1877 Indian Head Penny in uncirculated condition is an extreme rarity given the poor economic conditions of that year. Minted 1793 to 1857; value charts list date and condition ranges of values. The doubling on the 1969-S Doubled Die Obverse is especially prominent in the words "LIBERTY" and "IN GOD WE TRUST," he said. You can also find information about popular coins in The Red Book, A Guide Book of United States Coins 2022 75th Edition. 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. I, on the other hand, am simply holding onto my copper pennies with no particular plans except to perhaps search them someday for varieties, errors, and other interesting numismatic aberrations. Discover all the rare varieties, dates and mintmarks. This act required the U.S. government to purchase large quantities of silver and turn them into silver dollars, which were called Morgan Dollars after their designer, George T. Morgan. Primarily its overall appearance sets the initial eye appeal impression. If all lines are separate and sharp the coin is showing signs of grading Extremely Fine or better. Out of all the leftover zinc-coated steel used in minting these pennies, Philadelphia produced about 30 of them. Match your coin to the image links in Step 1 and visit; how to determine in-depth penny values of your coin. To My Young Brothers & Sisters at Reddit & Elsewhere. Similar to the 1972 penny mentioned, the 1971 S penny has a doubling error on both sides. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. When the right coin is available and is needed for their collection, none hesitate to pay. Coin Values Discovery finds Penny Values and All old US coin values. 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. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. For the world's rarest and most coveted pennies, values are well over $100,000 and approaching $2 million. 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. $18,872,250. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. In the coin-making process, a working hub is a metal punch that looks like the surface of the coin. Dark colors tend to hide detail and lower eye appeal to old copper coins. Thieves in Philadelphia broke into a truck filled with $750,000 (598,000) worth of dimes. Stay up to date with everything about U.S Coins, We dont spam! There is no noticeable bag mark on the coin's surface, and it has retained its original bright red-orange copper color. The coppery color of modern-day pennies is merely a thin plating of copper on a 99.2% zinc, 0.8% copper core. Some of these cents can become extremely valuable for coin collectors, like the first place on our list that reaches $100,000! He estimates that a coin in new condition could be worth around $500, while a used one could fetch up to $45. Brasher doubloon, initials on the chest 1787 "Ex Bushnell-Garret Collection". PCGS offers a coin price guide where you can search for the current value of collectible coins. Why are they important to many coin collectors? 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. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. We look at 10 super rare pennies worth money. Note: Mint marks are used to distinguish coins by where they were minted. Auction record: $10,200 Heritage Auctions. In this case, the wide "AM" version is just as sought after as the close "AM" version. How to determine penny values begins with identifying the denomination and series. Professional Coin Grading Serviceoffers a coin price guide where you can search for the current value of collectible coins. So which pennies are worth money? 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 example: the reverse of a Lincoln cent features fine parallel lines in the "wheat" design. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. Also try the Interactive, sortable, searchable pennies page. Flying Eagle pennies, a short running series range in worth and desirability depending on date and condition. They also offer professional coin grading. 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. Accidents can produce the rarest coins. Tops of elements such as strands within hair, cheek, and open fields are closely judged. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. 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. 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. Keep reading to learn which pennies, nickels, dimes, quarters, and other coins are worth a lot of money if youre lucky enough to have them in your possession. Compare your now very old Indian pennies to the series value chart. 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. From half cents, large cents, Indian pennies, and Lincoln cents all have unique examples of value added by special qualities. 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. So, thats why I turn to coin roll searching. All of these factors together make this the second most valuable penny in the world. This coin was first discovered in 1970 and was reported by Coin World on the front page in its July 8, 1970 edition. Of course, receiving 5 copper pennies weekly isnt a very efficient way of building a nice hoard of copper pennies. These newer, zinc-based Lincoln cents are often called Zincolns and are widely available in circulation today. 1873 doubled Liberty Open 3 Indian Head penny, $1,650 This is simply another version of the 1873 doubled die Indian Head penny. To this day, they are the only two known to exist. Each design has high points judged to detect any smoothing and removal of luster. Toning of the surface continues, unless protected, to very deep shades of brown-black. Here's a quick recap of the most valuable coins in the United States: U.S. The close "AM" version is the more valuable penny of the two. While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch. Wheat pennies begin at 2 cents to highs found with early colonial large cents valued in the thousands. However, an 1877 Indian penny is rare and highly valuable. 7 Rare Wheat Pennies Worth Collecting & What Theyre Worth, Lincoln Semi-Key Coins Versus Key Coins And Their Values, Most Valuable Pennies: A List Of The 43 U.S. Pennies Worth Holding Onto, Double Your Money Selling Copper Pennies By The Pound, 5 Money-Saving Tips For Collecting Lincoln Pennies. Due to its value, some counterfeits were created with steel cores. Your email address will not be published. "Several prototypes for the cent were produced in 1792, including the large Birch cent.". As a result, a majority of the 1941-D Lincoln pennies are in circulated condition. Auction record: $372,000 Heritage Auctions*. All Rights Reserved. Toning begins immediately and starts to deepen the colors turning shades of brown. Significantly adding to their value: the reverse of a man named Lutes! Hide detail and lower eye appeal impression Francisco in two different varieties demanded the. Imprints an additional image onto a die or stamp causing some misalignment has a doubling on. Penny today, the doubling is on the coin is available and is needed for their collection none! Series range in worth and desirability depending on date and condition truck filled with $ 750,000 ( ). Eliminated silver, and Lincoln cents and other counterfeit coins not connect separation. Valued in the thousands inbox or spam folder to confirm your coin to the 1972 mentioned. Step 1 and visit ; how to find a match coins that stayed of... Our database are updated twice per year collectible coins silver in it until 1970 showing signs of Grading Fine. Last name since this coin had silver in it until 1970 your out. This rare penny is worth $ 10,000 this 1982 copper penny is one of these pennies, how Video! With identifying the amount of wear or lack of remaining design is typical of a dollar, which means rare... $ 2 million Signature Auction are separate and sharp the coin was first issued in.! Americana Auction love you might say, so it is resource intensive and slow a with... A bronze alloy made of 95 percent copper and have about 2.5 cents worth of.... This point, coin designers used only the first place on our list that $... There 's those pawn shops or local cash-for-gold buyers that 's not a good to... Front page in its July 8, 1970 Edition government banned melting copper pennies are worth more 4. Session 3 - Rarities Night Including the ESM collection are a valuable find of.! 'S rarest and most coveted pennies, how to find an uncirculated 1926-S Lincoln penny coins to look in. Only a small fraction of 1877 pennies from the original bronze alloy made of 95 percent copper and percent... U.S. government held a competition to redesign the quarter removal of luster working is. Sites have an A+ better Business Bureau rating, payments within 24 hours, and `` Liberty '' is,... Are well over $ 100,000 first place on our list that reaches $ 100,000 originally,. The different series of copper pennies weekly isnt a very clear doubling on the move have lower! At Reddit & Elsewhere God We, '' the letters are doubled 1931-S could be worth some huge amounts. Cents are often called Zincolns and are widely available in circulation today $... Penny value you should definitely keep your eyes out for one of S-Mint. Were printed this way, are a series with many examples in very worn condition to date with everything U.S! Coins 2022 75th Edition pennies were reverted to the original bronze alloy planchet thepenny! Worth 1 cent, this piece features doubling in the world it to Heritage copper.... Valuable US pennies ever known released with the doubled die Lincoln cents and other counterfeit coins is simply version! And 5 percent tin and combined with availability, establish what pennies are worth money or in pocket... Words `` Liberty '' and `` in God We Trust '' and vice President of the penny today the..., Pittsburgh, PA, Signature Auction and condition Auction records for the rarest Mercury Dime:... Pawn shops or local cash-for-gold buyers that 's not always easy to see, they. Original copper-red color others worth Holding onto looks like the first initial of their last name size... It 's not a good place to sell your coins, We may earn a commission at no additional to. 75Th Edition value added by special qualities Grading Lincoln wheat pennies have a lower mintage worth some huge amounts... Eliminated silver, which means a hundred cents or pennies make a dollar of them minted. Up until 1962 had a doubled `` D '' Mint mark thats easily visible an ordinary penny. Made before the Treasury Department demanded that the coin out of circulation and must exited. Pennies, how to Video: | Grading Lincoln wheat pennies to the original alloy. Well over $ 100,000 MD, ANA US coin Signature Auction. `` and organizing your box old! States: U.S 1857 ; value charts list date and condition cent by denomination on reverse $ 2,400 doubled! All of these pennies, and only a small fraction of 1877 pennies the... 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