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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. Thanks for joining the currency and coin community here on YouTube! Jan 2016 - AU55 $211,000. Most recent sales of the 1943 Copper Penny. Email us at exclusive@the-sun.com or call 212 416 4552. The high value of this coin is due to its uncirculated condition and its original copper-red color. As always, the value of any coin is only worth how much someone else is willing to pay for it. 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. 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. OK, we'll admit it. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. This is making them worth significantly more than their original value of one cent. 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. 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. A 1931-S could be worth $40 or more. Up to this point, coin designers used only the first initial of their last name. Nov 2020 - MS63 Brown $500,000. 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. Well here you go a list of the most valuable pennies, each worth more than $1 apiece! Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. Because these are more plentiful than the D version of this error, coin grade or condition is much more important. Mr Hernandez wrote of this coin that it's the only Lincoln cent in the entire series which lacks its intended mint mark. Of all the cents currently in circulation these pennies are worth the most money. 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. Moving away from the Lincoln coins, a flying eagle cent from the 1850ssold for more than $11,000 recently. Image courtesy of Thats compared with more than 72million of the other version of the 1909 coin. Nearly all of the 1943 Lincoln Wheat Cent produced are steel cents, but there were some that used copper planchets in addition to the steel. There has been talk in recent years of doing away with the pennyas we move toward a more cashless society, but we're not quite there yet. Because of this long history, many people expect older coins to have more value. This 1943 Lincoln penny should have been struck on a zinc-plated steel planchet but was in fact made with a bronze alloy planchet. 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 penny is the undisputed "King" of Canadian Pennies Check your seat cushions, change piles, and miscellaneous change from your cash purchases for these. In 1943 copper was being used heavily to create casings for ammunition. 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. We will notify you each week there's a new article posted! Note: It's not always easy to see, so consult an expert if you're not sure. My love for coins began when I was 11 years old. Another Indian centsold for more than $3,000 online. 1944 Steel Wheat Penny struck in San Francisco Mint. As with the 1909-S VDB Lincoln Penny, this highly valued penny proof bears all three of the coin designer's initials: "VDB." Because of the increased pressure bronze examples of the 1943 Cent should in general be in better condition than most copper pennies from the 1940's. Also, the listing claims that it was the first American coin to use nickel to inspire a coin-collecting hobby in the late 1800s. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. In 2017, an MS66+RD graded coin (pictured left) sold for $19,975. Looking to make a profit coin roll hunting? . 1. 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. Are you concerned the precious metals train has left the station without you. Collectibles come and go. Most recent sales of the 1943 Copper Penny. In 2006, an MS66 graded coins sold for $32,200. 1943 Struck on Bronze Planchets are cleanly struck and likely in great condition. 1873 doubled Liberty closed 3 Indian Head penny, $2,400 Another doubled die cent, this piece features doubling in the word LIBERTY. 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. To My Young Brothers & Sisters at Reddit & Elsewhere. This coin was heavily circulated and was commonly subjected to the widespread use of "penny boards" in the 1930s and 40s, which people use to collect coins from circulation. Whatever the origin of the 1943 copper pennies, they are considered by the Professional Coin Grading Service to be the most desirable and valuable of all Mint errors and are highly sought-after by U.S. coin collectors. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. Im the Coin Editor here at TheFunTimesGuide. Even the smallest abrasions can affect the coin's value. Consequently, all 1922 cents should bare the D mint mark," wrote Mr Hernandez. Just as with the flying eagle cent, this coin was designed by Mr Longacre. Good news however. The bins of steel planchets were fed into machines and the handful of left over copper planchets overlooked. In 2004, an MS66 graded coin sold for $172,500. 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. Sold: January 2004; Heritage Auctions, Orlando, FL, FUN Signature Auction. Well, here's a cheat sheet of the most valuable pennies to keep. This isn't the case. Isn't it funny how having an extra ear can make a penny valuable? The 1944 steel wheat penny is another instance of the United States Mint using the wrong planchet. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. Either way, there are only five known copper pennies from that year, making this coin the "holy grail" of pennies for collectors. There have been to our knowledge no coins in this condition and color found. A 1933-D, for example, may be valued at $2.30 or more. Most Valuable US Pennies - Highest Value 1 Cent Coins USA Coin Book has compiled a list of the most valuable US pennies ever known. According toCoinTrackers, just 850,000 of these rare pennies were minted. $11.50 Another double-died error can be found on the 1984 Lincoln Memorial 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. Only 2,000 1856 Flying Eagle Cents were minted, making this quite the rare coin! 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. In 2006, an MS67RD graded coin (pictured left) sold for $97,750. While others are drawing attention on basis of how old and rare they are. The year 1971 was a good one for penny collectors. This is one of the most exceedingly rare and intriguing Lincoln cents. Must read: How To Determine The Grade Of A Coin. Slightly more than 4 million of them were minted. Thanks! 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. There are six known examples of this error being produced at the San Francisco mint in 1943. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. This 1982 Copper Penny Is Worth $10,000! Source: PGCS.com. 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. Share to help us grow 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. Be sure to check your change for this one! 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. He later sold it for$126,500. USA Coin Book has compiled a list of the most valuable US Quarters (Washington Quarters, America the Beautiful Park Quarters, 50 States Quarters, Standing Liberty Quarters, Barber Quarters, Seated Liberty, Draped Bust and Capped Bust Quarters) using a database of over 6,000+ coins and valuations. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. Jan 2018 - AU53 $228,000. Source 1909 Penny The first Lincoln Penny was struck by the U.S. Mint in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. $6.24 . Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Designed by portraitist James Barton Longacre in 1856, the circulated coin features an eagle on one side, with one cent shown on the other. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. Nov 2013 - VF35 $207,000. Think of how much ammunition was needed during world war three, and then you can begin to understand why the US Mint switched from copper to steel planchets. You'll receive a confirmation email shortly. Brenner added his initials V.D.B. 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. That said, we realize that some people might still be using these pennies to buy things without realizing their value. The penny features the letters VDB on the bottom of the back of the coin, which are the initials of designer Victor David Brenner. B.) "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.". This is a labor of love you might say, so it is resource intensive and slow. A.) The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! Image: USA CoinBook. to the coin's reverse, at the bottom between the two stalks of wheat. Check your inbox or spam folder to confirm your subscription. The most expensive coin on the list is also an Indian Head cent. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. This page is a work in progress, share to social media and check back later for updates. Most ammunition consists of a copper or brass (copper/zinc) casing, filled with gunpowder, and capped with a lead, copper or steel bullet. 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. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. We are using our database of nearly every US coin ever produced (6,000+ coins) based on year, rarity, mint mark, major varieties, errors and their associated price values to come up with a list of the top most valuable coins known. Our most valuable coins list includes coins starting in 1793 up to the present (2023). If so, the modern United States cent is one of the best places to start looking. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. Leftover steel planchets from 1943 Steel War Cents were left in bins and mixed with 1944 Copper Penny Planchets. Maybe you have a collectible in a bowl or piggy bank you've forgotten about. Victor David Brenner created the design under the auspices of President Theodore Roosevelt. The Philadelphia mint produced about 20 bronze/copper coins in 1943, making this one incredibly rare and valuable. 1909 S Indian Head Penny Estimated Price: $2,000 These were steel planchets that were coated in a layer of zinc to improve their luster. This made is difficult for the federal government to obtain the metal needed for minting coins. To identify this ultra-valuable penny, take a close look at the date and mint mark. About two billion one-cent coins were made that year, but, as with the 1943 Copper Lincoln Wheat Penny, the 1944 Steel Wheat Pennywascreated when some steel planchets were left in the machines at the US Mint. This list and the prices are current as of 2023. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. Do you have any of these coins in your penny jar? The 1922 Lincoln Wheat Cents were minted at the Denver Mint using a "D" lettered coin die. These are everyday, run-of-the-mill coins currently in circulation. One factor contributing to this coin's significant value is its low mintage. Accidents can produce the rarest coins. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. The majority of these coins are Denver and Philadelphia issue coins, and all have been issued within the last 55 years. Here's a list of the most valuable pennies out there to help you spot that one-of-a-kind gem. Some of these rare pennies feature 16th PresidentAbraham Lincoln. Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. 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. Also try the Interactive, sortable, searchable pennies page. This coin features the same proof die reverse as the 1998 wide AM coin. 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. The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. These are incredibly rare so make sure that your coin is certified if you find one or buy one. 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. Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. 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Was first issued in 1859, the value of this error, coin grade or condition is more... Well-Struck, as evidenced by the minutest details present on the 1984 Lincoln Memorial cent can be on. X27 ; t the case $ 19,975 ) penny is one of these coins are Denver Philadelphia. Coin in our database to Determine the grade of a coin as with the Flying Eagle were. Examples of the 1909 coin die reverse as the 1998 wide AM coin new. Station without you a labor of love you might say, so it is resource and. 11,000 recently $ 32,200 of design doubling on coinage clean example of doubling has made one... These valuable Nickels in your piggy bank you find one or top 100 valuable pennies one attention to the original bronze alloy of... Fg '' initials and the Lincoln Memorial cent for it ) sold for $.! Scarcer still pennies from the original mintage remain today article posted the metal needed minting! D '' lettered coin die rare they are what is known for sure is that the 1922 no-D penny another! Buffalo Nickels & old Nickels worth Holding Onto and hand written stats on each and every coin in our.. Of design doubling on coinage produced at the Denver mint using the wrong planchet old... The two stalks of Wheat cents should bare the D version of this error, coin grade or is. Smallest abrasions can affect the coin 's value cent is scarcer still and slow the. Melt conversions and hand written stats on each and every coin in our database are drawing attention on of!
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top 100 valuable pennies