Such a clean example of doubling has made it one of the most popular and valuable DDOs in existence. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. 10 Most Valuable Walking Liberty Half Dollars. We've also rounded upthe most valuable US coins worth up to $10,633. 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. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. The year 1971 was a good one for penny collectors. 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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. According toCoinTrackers, just 850,000 of these rare pennies were minted. 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. But the rarest of all is this single known pristine example from the Denver mint. 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! What It's Worth: One Michigan collector, Michael Tremonti, found one in a roll of uncirculated pennies. Just over 42,000 of the normal date versions of the coin were minted in 1799, according toUSA Coin Book. . The bottom line When it comes to pennies, there are lots of valuable errors to look for! As opposed to the 1955 Doubled Die Lincoln Cent, where thousands of them are known, there are only three 1958 Doubled Die Lincoln pennies known to exist. But, a mix-up in the San Francisco mint resulted in about 30 pennies being made from steel left over from the 1943 pennies. This coin sold on eBay on August 3, racking up 46 bids that quickly jumped in price. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. @mohammed_nanotech / Twenty20 Some little pieces of copper can be worth some huge dollar amounts. However, a steel planchetleft over from 1943 must have found its way into the coining press. Of the many variations D, S, P the Denver minted ones is possibly the rarest, and has as recently as 2021 sold for $840,000.00. As youll notice, there are several dates missing in the list above. Most recent sales of the 1943 Copper Penny. This coin is considered a key date in the series. 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! This coin features the same proof die reverse as the 1998 wide AM coin. While theyre still more common than those from other mints that year, they are still considered rare and valuable. In 2004, an MS66 graded coin sold for $172,500. Visitors can click on the links in the list below to view larger images of both sides of the coins (mint mark locations, error/variety diagnosis, etc), detailed pricing data for various conditions/grades of the coins, mintage figures, metal composition, history and other encyclopedic information regarding each individual coin. 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. An uncirculated example in its original mint state red color is extremely rare and valuable. 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. Some pennies, originally worth a single cent, are now worth thousands of dollars. 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. While a circulating coin typically lasts 30 to 40 years, some lucky collectors have found pennies minted in the mid 1900s . CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. To lower costs, the United States Mint sought to reduce the size of the penny (to its current diameter). steel planchets were left in the machines. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. In 1864, the Civil War was dragging on, and the United States economy was extremely fragile. This one's going to be tough to find in circulation, but since it was produced after the 1950s, we had to include it. Not because of its date of minting, but because of its die variety. Source: PGCS.com. In the close "AM" variety, the "FG" is closer to the building. 4. These are coins you can find in your pocket change. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Value. Its also one of my favorite coins! Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. The purpose of this page is to provide coin valuation data to collectors, investors, the media, and anyone interested learning what the most valuable pennies and one cent coins are. These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. Coin Chart: Tap a '+' sign to expand further coin details. 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 1958 Doubled-Die Obverse penny is one of the rarest pennies ever made. If so, the modern United States cent is one of the best places to start looking. In 1877, the economic slump that began in 1873 continued with full force. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. In 1943, pennies were made from steel planchets coated with zinc, but some copper planchets from the year before were left behind, and the coins were struck on those. Only 2,000 1856 Flying Eagle Cents were minted, making this quite the rare coin! These planchets were then fed into the machines and struck by the die means for the 1944 copper penny, creating 1944 Steel cent errors. Many numismatics spend their spare time searching boxes of pennies to earn a extra cash. Most of them pulled the coins out of circulation. 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! Since the very beginning, the images on the penny have symbolized the spirit of the country. Also, the listing claims that it was the first American coin to use nickel to inspire a coin-collecting hobby in the late 1800s. Most recent sales of the 1944 Zinc coated steel penny sales. Sold: March 2018; Stacks Bowers; Baltimore - Session 3 - Rarities Night Including the ESM Collection. The close "AM" version is the more valuable penny of the two. Image: USA CoinBook. Real Experiences. Coins are in order from Most to Least expensive. After all, over 4 million of them minted at the San Francisco mint. *All of the coin values listed from 1958 or earlier and 1959 to 2000 came from USA Coin Book, unless otherwise noted. Real People. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Brenner added his initials V.D.B. Sold: September 2010; Legend Numismatics, Private Sale. And which pennies you should be holding onto, rather than spending? For this list, we are only including small cents: Flying Eagle Cents, Indian Head Pennies, Lincoln Wheat Pennies, Lincoln Memorial Cents, and Lincoln Shield Cents. 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. Coins Signature Auction. The 1914-S Lincoln cent is by no means a rare coin. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. He later sold it for$126,500. Use this cheat sheet tosee which pennies are worth saving and which ones are worth spending. Some pennies, originally worth a single cent, are now worth thousands of dollars. It is the most valuable Lincoln penny in the world. 1944 Steel Lincoln Cent: $75,000 to $125,000+##. Image courtesy of Either way, its a great rarity and a coin every collector should have. 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. On one side, "In God We Trust" is doubled, and "Liberty" is doubled on the other. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. If you want this coin be prepared to shell out $1.2 million as that is the current asking price. 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