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Looking to make a profit coin roll hunting? The 1914-S Lincoln cent is by no means a rare coin. Another double-died error can be found on the 1984 Lincoln Memorial Cent. Of all the cents currently in circulation these pennies are worth the most money. Like the previous two pennies mentioned, the wording on both sides is doubled, plus there's a doubling of the date. The collector also ensured that the coin was correctly stored to preserve its color. He later sold it for$126,500. ships in penny sleeve, inside top loader, with extra protection. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. While 484,000 were struck, several population estimates suggest only 50,000 to 100,000 may still exist a fairly large number indeed, but much lower than mintage numbers suggest. In 1877, the economic slump that began in 1873 continued with full force. The low mintage alone makes this coin extremely rare, but the brilliant colors that resulted from a coin being stored for 100 years makes this coin extremely attractive to collectors. But the rarest of all is this single known pristine example from the Denver mint. The majority of these coins are Denver and Philadelphia issue coins, and all have been issued within the last 55 years. Sold: September 2010; Legend Numismatics, Private Sale. 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. Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. The top 100 penny stock listTop 10 Rare Canadian Pennies! Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. Coins in this condition are few and far between and are truly treasures to behold. Sold: February 2016; Heritage Auctions, Long Beach, CA, US Coins Signature Auction. The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. 01 of 15. If you enjoy this article please be sure to share on your favorite social media platform. A coin from the late 1700s has alsosold for more than $6,000. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. 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. This made is difficult for the federal government to obtain the metal needed for minting coins. The penny has been part of US currency almost as long as the country has been independent. tv. 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. The 1999 S Lincoln Memorial Cent was minted in San Francisco in two different varieties. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. This is just speculation from CoinTrackers.com. Here's a list of the most valuable pennies out there to help you spot that one-of-a-kind gem. This post may contain affiliate links. Get ready its a long list! Coins Nostomania's 100 most valuable U.S. This page is a work in progress, share to social media and check back later for updates. Good news however. 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. The Most Valuable Pennies Of All Time Michelle Nati Updated December 2, 2019 963.2k views15 items The penny has been part of US currency almost as long as the country has been independent. Some pennies, originally worth a single cent, are now worth thousands of dollars. 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. 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). This penny is the undisputed "King" of Canadian Pennies We will notify you each week there's a new article posted! Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! 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. Another element that identifies this rare penny is the spacing between the "FG" initials and the Lincoln Memorial Building. Some believe it was a mistake, while others think someone created the coins deliberately. Regular minted coins from 1992 will have a noticeable gap between the two letters. This coin should've had a "D" for its Denver mintage, but the space on this coin is blank. Be sure to check your change for this one! Most recent sales of the 1943 Copper Penny. Email us at exclusive@the-sun.com or call 212 416 4552. Sold: March 2018; Stacks Bowers; Baltimore - Session 3 - Rarities Night Including the ESM Collection. The bottom line When it comes to pennies, there are lots of valuable errors to look for! This coin is considered a key date in the series, and one of the more valuable non-error pennies. In the close "AM" variety, the "FG" is closer to the building. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. One factor contributing to this coin's significant value is its low mintage. Most Valuable Coins by Type. The year 1971 was a good one for penny collectors. 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. If you want to know what your U.S. penny is worth, then read on! Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. Legend Rare Coin Auctions. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, All Lincoln wheat pennies made from 1909-1958. As a result, most of these pennies went into circulation. These are coins you can find in your pocket change. If you buy thru these links, we may earn a commission at no additional cost to you. 01:14 1920 s wheat penny - $900; 00:45 1871 indian head penny - $875; 00:11 1921 s wheat penny - $850; we strive to put out videos as quickly as we can that cover coins and bank notes. The high value of this coin is due to its uncirculated condition and its original copper-red color. 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. Sold: March 2014; Heritage Auctions, Atlanta, GA, ANA National Money Show US Coins Signature Auction. Designed by portraitist James Barton Longacre in 1856, the circulated coin features an eagle on one side, with one cent shown on the other. Be careful not to scratch the coin however. 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. 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. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. On the surface, there is nothing visually spectacular about this coin. In 2021, an MS64 graded coin (pictured left) sold for $180,000. These steel planchets were used primarily in 1943. These rare examples can fetch up to $375,000 in excellent condition, according to Coin Trackers. Here are 4 ofthe best places to find rare pennies: Read next: Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! A close examination of Lincoln's ear shows a definitive double stamp. Although the doubling is not as dramatic as the 1955 doubled die obverse, it is evident with low-level magnification. Its also one of my favorite coins! The 1943 steel penny is more common than the elusive 1944 Steel Wheat penny. The mint mark is a smaller letter on the face of the coin underneath the year that signifies where it was minted. What penny errors should I be looking for? The Philadelphia mint produced about 20 bronze/copper coins in 1943, making this one incredibly rare and valuable. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. The lines "In God We Trust" and "Liberty" are both doubled as well as the 1955 date itself. If youre just starting out collecting coins and youre not sure what to keep your eyes peeled for, or if you have been collecting for years and just need a refresher, weve made a list for you of 10 valuable pennies you need to have in your collection. Because of their uniqueness, theyre remarkably valuable. Why is this coin so rare? This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. 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 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. Our most valuable coins list includes coins starting in 1793 up to the present (2023). In fact, the first "Fugio cent" was designed by Benjamin Franklin. Its believed that less than 30 copper 1943 pennies exist from across all three mints (Philadelphia, Denver, and San Francisco) operating at that time. This coin features the same proof die reverse as the 1998 wide AM coin. Wondering which pennies are worth more than face value? 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. If you ever come across one of these rare pennies, don't use it on a parking meter. Collectibles come and go. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. While others are drawing attention on basis of how old and rare they are. This is one of the most exceedingly rare and intriguing Lincoln cents. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. . If so, the modern United States cent is one of the best places to start looking. 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. This was the first cent to have a mintage over 10 million, making it quite common and much easier to find than some of the other Flying Eagle Dates. Well, here's a cheat sheet of the most valuable pennies to keep. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. The number "7" appears higher than usual, nearly level with the "0.". 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. Thats compared with more than 72million of the other version of the 1909 coin. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. There are six known examples of this error being produced at the San Francisco mint in 1943. If you happen to find one it could be worth 1 Million, and possibly even more. As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. As a result, saving even a penny for a coin collection was not an option for most Americans. Also try the Interactive, sortable, searchable pennies page. Image courtesy of CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Jan 2016 - AU55 $211,000. During this time, all the pennies were made of steel, as copper was needed for the War effort. One variety had a widely spaced "AM" in the word "America.". Isn't it funny how having an extra ear can make a penny valuable? 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. Most Valuable US Pennies - Highest Value 1 Cent Coins USA Coin Book has compiled a list of the most valuable US pennies ever known. While the two most valuable coins on this list are coincidentally the rarest (between 20 and 40 specimens each of the 1943 bronze cent and 1944 steel cent are thought to exist), the order of which coins are most valuable doesnt necessarily correspond with the order of rarity. Its possible these coins may be hiding in the basement, inside an attic box, or even inside your penny jar. Bottom line: OK, we'll admit it. 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! The Secret Service confiscated the early specimens until the U.S. Mint admitted they were genuine. 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. C $18.15 Free shipping 187 sold. 6. This coin is the second example of a 1943 Lincoln cent that should have been struck on a zinc-plated steel planchet but was instead coined on a bronze planchet. The 1943 D Copper / Bronze penny has been deemed the Holy Grail of penny errors. Any one of these coins in circulated or uncirculated condition is extremely rare. Most Valuable Canadian Pennies, 1. This error is similar to the 1943 D Struck on Bronze Planchet, there are however more specimens with the S mint mark. Some of these rare pennies feature 16th PresidentAbraham Lincoln. Those coins are hard to come by, but if you have one, you may be in line for a real financial windfall. Want to know what the most valuable pennies are? Why It's Worth So Much:Sometimes, if the die used to stampa coin with an image aren't correctly aligned, images or letters appear"doubled" on the coin. As youll notice, there are several dates missing in the list above. 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ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, We round up some pennies that have recently sold for quite the value, This popular coin has a controversial past, Credit: Not known, clear with picture desk, This coin is extremely popular among collectors, A mistake at the mint lead to this being a very valuable coin, Just 850,000 of these pennies were minted in 1877, This is the Sheldon-189 version of the late the 1700s coin, The flying eagle coin is made out of copper-nickel, Check your pocket change as a rare Lincoln penny error coin could earn you money, six other rare and valuable error coins worth up to $599, the most valuable US coins worth up to $10,633. Like the previous two pennies mentioned, the `` FG '' is to. Then read on version of the 1950s, they had become a hot coin collector item and remain to... Us at exclusive @ the-sun.com or call 212 416 4552 start looking that! 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Is difficult for the War effort original bronze alloy made of steel, as was. Families struggled to make ends meet what Theyre worth Today, all Lincoln wheat.! Low-Level magnification rarest of all the pennies were made in the series, all.

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