These are the auction records for the rarest Morgan Silver Dollars series: As part of a General Mills promotion in 1999, 5,500 Sacagawea Dollars were placed inside every 2,000th box of Cheerios. The coppery color of modern-day pennies is merely a thin plating of copper on a 99.2% zinc, 0.8% copper core. Worth. The United States mint struck over 430 million of them. 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. Confirm your coin as a half cent by denomination on reverse. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. Toning begins immediately and starts to deepen the colors turning shades of brown. A penny or cent is one-hundredth of a dollar, which means a hundred cents or pennies make a dollar. Search and sort using the search box and form below. In 1877, the economic slump that began in 1873 continued with full force. Since this coin exhibits evidence of circulation and must have exited the mint via regular distribution channels. Estimated coin prices and values in our database are updated twice per year. When the right coin is available and is needed for their collection, none hesitate to pay. The coppery color of modern-day pennies is merely a thin plating of copper on a 99.2% zinc, 0.8% copper core. But the rarest of all is this single known pristine example from the Denver mint. Some of these cents can become extremely valuable for coin collectors, like the first place on our list that reaches $100,000! Coin values are determined by using the grading images to judge condition then checking the date and values on the charts provided. 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. Roughly 250,000 of these pennies were minted, he said. Last year, one sold for $35,000, according to Coin World, a popular news and analysis website for collectors. In failing health, he consigned it to Heritage. Isn't it funny how having an extra ear can make a penny valuable? If you happen to have a copper-colored penny with a 1943 date stamp, hold it up to a magnet. 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. Value: $50,000 to $70,000+ There are few Lincoln Memorial pennies more rare or valuable than the 1969-S doubled die. 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). Like this story? Many large cents in nice condition with abundant detail remaining, are a valuable find. The United States government banned melting copper pennies in 2006. Do you have any of these coins in your penny jar? Penny values are date specific. Having one in its original copper-red color makes it much more extraordinary. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. So, thats why I turn to coin roll searching. Each design has high points judged to detect any smoothing and removal of luster. Dont even think about trying to sneak a few copper pennies over to the scrap yard. If no evidence of wear is seen a coin grades in the mint state category. While theyre still more common than those from other mints that year, they are still considered rare and valuable. You can also find information about popular coins in The Red Book, A Guide Book of United States Coins 2022 75th Edition. There are about 45,000 of these coins in existence. It simply is a regular-issue piece that was struck in relatively low numbers. The 1914-S Lincoln cent is by no means a rare coin. 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. This is one of the most exceedingly rare and intriguing Lincoln cents. How to Find Rare Coins Worth Money and Wanted by Collectors. Condition is also playing an increasing role. 1982 Lincoln Penny. These newer, zinc-based Lincoln cents are often called Zincolnsand are widely available in circulation today. 1971 Kennedy Half Dollar. *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. Here are some examples of pennies that are worth looking out for: 1. Dark colors tend to hide detail and lower eye appeal to old copper coins. What years of pennies are worth money? We have discounted proof coins, error coins, as well as any "special strikes", to create a clean list of pennies you have a higher probability of finding from the current pool of circulating United States currency. "One-cent coins have been around since the beginning of the U.S. monetary system," Stone said. 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. Coin. We recommend selling to CashforGoldUSA or its sister site CashforSilverUSA, which accept items like gold, silver, and diamonds in any form, including gold scrap, gold jewelry including chains, necklaces, earrings, bracelets, etc, silver jewelry, gold bullion, and dental gold. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. To hold an 1877 Indian Head Penny in uncirculated condition is an extreme rarity given the poor economic conditions of that year. 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, The 1943-S Copper Penny Found by Kenneth Wing, Lincoln Memorial Penny: Key Dates, Rarities, and Varieties, Kennedy Half Dollar Values and Prices (1964-2015), Top 10 Most Valuable U.S. It is estimated that only 5 million of these coins were made, and very few of them were saved in uncirculated condition. Auction record: $10,200 Heritage Auctions. "I've found one myself.". If it sticks, the coin you have is made of steel and holds a lower value, though steel 1943 pennies that maintain their gray color are still worth a pretty penny and have sold for as much as $218,500 at auction. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. Did you know that the top 30 most valuable Wheat pennies to coin collectors all add up to just over $9,000,000 in value and each one is worth at least $100,000 even though they all have a face value of just $0.01? These newer, zinc-based Lincoln cents are often called Zincolns and are widely available in circulation today. While some people may think that all pennies are made entirely from copper, virtually every one-cent coin made since late 1982 has a composition consisting of 97.5% zinc and 2.5% copper. The most exciting thing is you can find some of these rare, valuable pennies easily because they're still in circulation. This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. There are two different varieties one with a leaf that appears lower on the corn (more common), and one with a leaf that appears higher. Sculptor Victor D. Brenner was asked by the U.S. Mint to design a coin depicting Abraham Lincoln in celebration of his centennial birthday. That makes them much easier to find than the 1969 Doubled Die coins. Most Valuable Half Dollars: A List Of Silver Half Dollars, Kennedy Half Dollars & Others Worth Holding Onto! Today, the 1943 bronze Lincoln cent is described as "the most famous error coin in American numismatics" and the odds of finding one are astronomically against. Also called the 1982 No P Dime, these dimes were the first and only U.S. business strike coin (a coin intended for circulation) that accidentally left the U.S. Mint without being stamped with their designated mint mark. Toning of the surface continues, unless protected, to very deep shades of brown-black. Note: It's not always easy to see, so consult an expert if you're not sure. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. 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. A 1933-D, for example, may be valued at $2.30 or more. The suspects made off with a chunk of the cargo - leaving 10-cent coins scattered around a Philadelphia . The 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. This penny exhibits doubling on the date and lettering on the obverse. 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. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. This is a labor of love you might say, so it is resource intensive and slow. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Carefully examine your coins for condition. These copper coins date back to the beginnings of the mint. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." Series are identified along with dates and mintmarks. Within the different series of copper US coinage are certain qualities setting one coin apart from others. $18,872,250. Use the table below to find out. The difference with looking through rolls of pennies is that Im looking at many more coins that way than I ever would through my cash transactions alone. Comparing the coins in the image; nicely toned, circulated examples project pleasing eye appeal. 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. Older copper pennies are 95% copper and 5% something else. Check your inbox or spam folder to confirm your subscription. Scarcity and rarity from one date to the next vary greatly within each series. This particular die gouge is highly visible running through the bisons back. 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! As a result, most of these pennies went into circulation. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. You can look up in the Red Book and see if you have something that's a good date, says Douglas Winter, founder of Douglas Winter Numismatics and author of more than a dozen books on numismatics the study/collection of currency. Most of them pulled the coins out of circulation. In 1864, the Civil War was dragging on, and the United States economy was extremely fragile. Heritage auctioned a similar one in slightly lower grade for $186,000 earlier this month," he said. 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. The most elusive of these coins was owned by George Walton, the youngest signer of the Declaration of Independence. Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. Half cents are a series with many examples in very worn condition. Large cents with pleasing surfaces, lacking deep marks are somewhat elusive and special coins. Additional video helps to identify many subtle points to grading coins. Grading is judging the surfaces and identifying the amount of wear or lack of wear. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. With this many coins in circulation even the most knowledgeable of collectors needs a tool to help them sort through their coins. Often it is these subtle points elevating a coin to solid collector quality and appeal. And they represent the introduction of the modern small cent size. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. In the case of this rare 1917 penny, the words "In God We Trust" are doubled. 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. As a result, saving even a penny for a coin collection was not an option for most Americans. In the bison series, there were several coins discovered to have a large die gouge a raised feature that appears on a coin when a die is damaged. Any one of these coins in circulated or uncirculated condition is extremely rare. Wheat pennies begin at 2 cents to highs found with early colonial large cents valued in the thousands. From half cents, large cents, Indian pennies, and Lincoln cents all have unique examples of value added by special qualities. 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. The search is both interesting and exciting. The 1913 Liberty Nickel was produced by the U.S. Mint, with only five coins believed to be in existence. Auction record: $372,000 - Heritage Auctions*. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. Keep coin roll hunting and a. 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. This only takes place in the small date version. Valuable coins list 2022/2023. 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. Primarily its overall appearance sets the initial eye appeal impression. 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. #2 Other Copper Pennies That Are Valuable. These are Lincoln penny coins to look for in circulation or in your pocket change. Discover the rare pennies in your box of old coins. Here are 12 more valuable Lincoln pennies that you should definitely check for if you happen upon a very old penny. 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. 1922 No D plain Lincoln Wheat Penny, $2,050 Repairs to a damaged coin die left the 1922-D cent without any visible trace of its mint mark, leaving a coin that many thought back in the mid 1920s was a typical unmarked penny from the Philadelphia Mint. Step 1 above are image links to match your coin. In the French-speaking parts of Canada, the coin is sometimes called a black cent (cenne noire) or black penny (sou noir). Pennies that are older typically hold more value. So far, this article has been mainly centered around looking for copper Lincoln Memorial cents which were minted from 1959 through 1982. 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. A case for needed reform . 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. To this day, they are the only two known to exist. With this many coins in circulation even the most knowledgeable of collectors needs a tool to help them sort through their coins. However, the flat spots do not connect, separation of high areas remain. Minted in Denver, USA Coin Book estimated the value of this rare 1914 penny at $278 in average condition and over $3,000 in uncirculated mint condition. Of course, pocket change still yields plenty of copper cents. 1856 through 1858 cents stand out as sought-after collector coins because of the bold flying eagle design. That said, we realize that some people might still be using these pennies to buy things without realizing their value. (Collectors refer to the obverse of a coin as the front or "heads" side usually bearing a portrait.) "A nice circulated example, like Lutes' coin, could sell for around $150,000 to $200,000. And,that 1:4 ratio of copper pennies to zinc Lincoln cents seems to be about my probability of finding copper one-cent coins in circulation today. After 1964, a new alloy was used that eliminated silver, which is still in circulation today. $55. To identify this ultra-valuable penny, take a close look at the date and mint mark. The year 1971 was a good one for penny collectors. 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. This one, however, can earn you more than $1,000. *Values are for coins in Extremely Fine-40 grade. To be precise:Copper pennies made up until 1962had a 5% balance of tin and zinc, and from 1962 to 1982 the extra 5% of material was entirely zinc. However, a steel planchetleft over from 1943 must have found its way into the coining press. In 1969, two men named Roy Gray and Morton Goodman began producing fake 1969 Doubled Die Lincoln cents and other counterfeit coins. Along with the S mint Lincoln Memorial cents, there are several other interesting and valuable pieces to search for. If you ever come across one of these rare pennies, don't use it on a parking meter. Sometimes more, sometimes fewer. 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. However, after many complaints, the United States Mint changed back to the regular copper planchets beginning in 1944. Record Price. Not all wheat cents are worth keeping, and preserving. A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. 1873 doubled Liberty Open 3 Indian Head penny, $1,650 This is simply another version of the 1873 doubled die Indian Head penny. Close-up images and descriptions of grades are used to judge condition. Most Valuable US Pennies - Highest Value 1 Cent Coins USA Coin Book has compiled a list of the most valuable US pennies ever known. Are you concerned the precious metals train has left the station without you. The doubling occurs from mistakes in the minting process, James Bucki, a coin expert at The Spruce Crafts, explained to CNBC Make It. The Value of an Indian Penny | Very Solid. You do the same comparing to images of the different grades and matching your coin. Required fields are marked *. The 1909 Indian cent series also has many high-value coins. And, yes, theyre made from copper, too with one exception: steel pennies. 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! 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. Up to this point, coin designers used only the first initial of their last name. Why so few? Real Helpful. This is an indication that they were not "helped" by some unscrupulous mint employee. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. All coins in this list however are. Stay up to date with everything about U.S Coins, We dont spam! While Lincoln is still on the penny today, the wheat is long gone. Top 30 Most Valuable Wheat Pennies Last Updated 7th January 2023. 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. These coins are also known as Winged Liberty Head dimes. 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. Here's a quick recap of the most valuable coins in the United States: U.S. Thieves in Philadelphia broke into a truck filled with $750,000 (598,000) worth of dimes. Sold: September 2010; Legend Numismatics, Private Sale. 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. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. Coins in this condition are few and far between and are truly treasures to behold. Auction record: $4,362 Superior Galleries. 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