In both the words "Liberty" and "In God We," the letters are doubled. Separate your old wheat pennies into the main value groups - different decades, mintmarks, rare dates and importantly condition. Comparing the coins in the image; nicely toned, circulated examples project pleasing eye appeal. 1969-S Doubled Die Penny. Extremely Fine Grade: Very light wear is noticeable in the Extremely Fine grade. 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. Roughly 250,000 of these pennies were minted, he said. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. Small Pieces of Copper Worth Huge Amounts of Money. If you find a 1983 penny with everything doubled, the Lincoln Memorial Building included, save it for a rainy day. The 1914-S Lincoln cent is by no means a rare coin. $46. Auction record: $40,250 Heritage Auctions. Bottom line: The 1955 Doubled-Die Obverse (DDO) Penny is one of the most famous examples of design doubling on coinage. Bottom line: OK, we'll admit it. One factor contributing to this coin's significant value is its low mintage. Another great American coin that specialists study intensely and avidly collect. This is one of the most exceedingly rare and intriguing Lincoln cents. Instead, Teitelbaum turned them over to the Secret Service. 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. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. 1873 doubled Liberty Open 3 Indian Head penny, $1,650 This is simply another version of the 1873 doubled die Indian Head penny. The most elusive of these coins was owned by George Walton, the youngest signer of the Declaration of Independence. 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. One sold at a Heritage sale in 2012 for more than $20,000, according to Coin World. 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. 1944 Steel Cents 1944 Steel Wheat Penny struck in San Francisco Mint. Some pennies, originally worth a single cent, are now worth thousands of dollars. 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. This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. Without further ado, my Top 10 Rare Canadian Pennies! You never know, one of your pennies could be worth the price of a nice dinner or a whole lot more. Most major and minor design features are now a flat surface. Sometimes more, sometimes fewer. 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. Condition is another; coins that stayed out of circulation may retain their original coloring and fine details, significantly adding to their value. Also try the Interactive, sortable, searchable pennies page. That makes them much easier to find than the 1969 Doubled Die coins. Here are some examples of pennies that are worth looking out for: 1. 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. Match your coins to each penny series value chart. Stone estimates that a coin in good condition could sell for up to $45. Most of these S-Mint Lincoln Memorial cents have been pulled from circulation, so they rarely turn up in pocket change anymore. That means about 20% of the pennies passing through my hands in those rolls were copper ones. 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. Below we unveil the most valuable circulated pennies worth up to $11,128, based on recently completed eBay listings. Some series are more valuable than others. There are more than 10 doubled dies for the 1972 Lincoln cent, but Type 1 is the most valuable. A half cent with strong rims, readable lettering, and lack of deep marks; despite Liberty's portrait worn to an outline, retains value. Also, in the 1930s and 40s, most coin collectors acquired their coins from circulation, so it is not hard to find a circulated example of a 1926-S Lincoln penny. On the surface, there is nothing visually spectacular about this coin. In fact, in 2019, a 1943 bronze Lincoln cent sold at auction for $204,000, and in 2015, a Birch cent, one of America's first pennies, was bought for $2.6 million dollars. Want to know what year of pennies are worth money or just what penny variety to look for? 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. As a result, most of these pennies went into circulation. 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! Five coins were confiscated and destroyed before they were acknowledged as being genuine. Their demand is supporting strong values, high condition examples are avidly sought. "The most valuable Lincoln cent sold privately in 2010 for $1.7 million," said Stone. In 1864, the Civil War was dragging on, and the United States economy was extremely fragile. These large numbers of collectors, building collections are putting a heavy demand on the rare dates and better condition coins. I primarily collect and study U.S. coins produced during the 20th century. Beginning approximately halfway through the mintage of 1864 pennies, an "L" was added to the tail of the ribbon in the war bonnet on Lady Liberty's head. As example; a 1907 Indian penny is available in all grades and affordable. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. Many of these coins exhibit wear from circulation. The suspects made off with a chunk of the cargo - leaving 10-cent coins scattered around a Philadelphia . After 1964, a new alloy was used that eliminated silver, which is still in circulation today. 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. From rare dates to rare very small details, if they are in your box you will find the rare pennies. Bucki estimates that a 1992 Close AM coin in fairly new condition could be worth about $20,000, while a used one could sell for around $2,000 to $3,000. Auction record: $4,560,000 Stack's Bowers. 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. Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. However, experts with PCGS believe there are potentially up to 150,000 of these coins in existence. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. Keep coin roll hunting and a. Some would debate whether or not copper pennies are worth their weight as scrap metal, but their intrinsic copper value is nevertheless higher thanthe face value of the denomination itself making it worthwhile to check your change and hold aside all pre-1982 pennies. As a result, saving even a penny for a coin collection was not an option for most Americans. These are some of the most valuable coins in circulation, based on PCGS record auction pricing: Online appraisals for valuation and selling purposes are available for free, including by auction houses that will list your item. This double die is easy to see with the naked eye, with: Auction record: $14,400 Heritage Auctions. Coin. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch. For 2008, the U.S. Mint decided to modify the reverse design of Silver Eagle 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. Collectibles come and go. This made is difficult for the federal government to obtain the metal needed for minting coins. The collector also ensured that the coin was correctly stored to preserve its color. One time, I found about200 copper pennies among 20 rolls of pennies, or $10 worth of one-cent coins. Thanks! (adsbygoogle = window.adsbygoogle || []).push({}); CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. 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). Since this coin exhibits evidence of circulation and must have exited the mint via regular distribution channels. Of all the cents currently in circulation these pennies are worth the most money. 2 cent coin value is steadily increasing over the long term. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. In the coin-making process, a working hub is a metal punch that looks like the surface of the coin. The doubling on the 1969-S Doubled Die Obverse is especially prominent in the words "LIBERTY" and "IN GOD WE TRUST," he said. However, a steel planchetleft over from 1943 must have found its way into the coining press. This is an indication that they were not "helped" by some unscrupulous mint employee. The San Francisco branch mint began coining Indian pennies. This penny is the undisputed "King" of Canadian Pennies! Take, for instance, the popular 1909-S VDB Lincoln cent. The wheat penny was first minted in 1909, and it was the first coin in wide circulation to feature a U.S. president. 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 full backside of the coin is doubled. But there are several valuable pennies worth money, much more than just a few cents apiece. 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. Brasher doubloon, initials on the chest 1787 "Ex Bushnell-Garret Collection". $18,872,250. The Indian Head penny was designed by mint engraver James B. Longacre and was first issued in 1859. In 1916, a new dime design replaced the Barber design coin that had been used since 1982. It is believed that less than 100 examples of the authentic 1969-S Doubled Die Obverse cents still exist, with only 40 examples ever certified. Look our for these pennies worth good money. All of these factors together make this the second most valuable penny in the world. Special qualities are examined and highlighted within each series. Some of these cents can become extremely valuable for coin collectors, like the first place on our list that reaches $100,000! Stay up to date with everything about U.S Coins, We dont spam! In addition, we are NOT factoring in the prices for Proof versions of these pennies (unless the Proof version is an error coin or an unusual variety). 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