List of Gold Quarter Coins. Step 3: Special Qualities - Certain elements either enhance or detract from value An 1872 Indian Head penny is a scarce coin but can readily be found at any coin show or coin dealer in circulated grades. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. Unlike the previous coins, this one's value comes from it being a mistake. A similar mistake occurred with the circulation-strike Roosevelt dimes that came from the Philadelphia Mint in 1982. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. 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. Hi Lisa. Do you know where to look for the most valuable pennies? 1992-D Close AM: $500. However, just like the year before, a handful of Lincoln cents were accidentally struck in the wrong composition. The pieces were shown to members of Congress and subsequently destroyed. Real People. Its also one of my favorite coins! Join us today for FREE! Today, either the High Leaf or Low Leaf varieties sell for between $50 and $100. Here's a list of the top 10 most valuable pennies for 2023: The reason 1943 copper pennies are so rare is that all of them would have been released by error into the coin supply. 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. i have a 1940 no mint wheat penny, would that be worth anything? A similar Mint State 67 Red grade as the previous coin, this cent sold for a record breaking $117,500 at Heritage Auctions on 27th February 2007. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. Hi Megan. In 1858, with London's approval, Province of Canada issued coins minted in England in denominations of 1, 5, 10 and 20 cents. The United States Mint has made four different types of small cents: To determine how much your U.S. penny is worth, we first need to determine its type. Step 2: Grading Condition - Judge condition to determine grade. Additionally, the value of a particular coin can vary between markets and coin dealers. Edge: Plain. 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. According to the USA Coin Book, the 1941 D Washington quarter is valued at $6.18 in Average Condition and can be for $38 to $81 or more in Uncirculated (MS+) Mint Condition. Well here you go a list of the most valuable pennies, each worth more than $1 apiece! For instance, the major die break errors value at $300.00 and up! A Flying Eagle Cent in the well-worn condition is worth about $15 to $25 if you sold it to a coin dealer. Identify the different series to begin. Your coin was likely struck at the Philadelphia Mint. Error coins can be divided into three general categories. Any well-worn example of a 1944 steel penny will garner $75,000 or more. Territories Coin Values, Lincoln Memorial Penny: Key Dates, Rarities, and Varieties, factors determine the exact value of a coin. Also, they are one of the most counterfeited coins two. Only 19 examples are known, and virtually all of them are in mint state. athens, GA > for sale > collectibles - by owner. Examples include clipped planchets that are the wrong shape, planchets that are the wrong thickness, and even planchets that are mistakenly left blank. on the front side by his nose and 2 blobs of metal on the back side. During 1982 the composition was changed to 97.5% zinc, with a thin copper plating, so that you have pennies dated 1982 made of both metal types. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). This is the cream of the crop in the series and has a base value of around $550. Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. Interestingly enough, this same overdate error appears on 1942 Mercury dimes from both the Philadelphia and Denver Mints. 2007 Presidential Dollar with missing edge lettering. These pennies are 95% Copper and 5% Tin & Zinc. The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range in value from $550 to $2,500. Thanks for subscribing! As collectors started looking out for the Bugs Bunny error variety, many examples were discovered. Want to know what year of pennies are worth money or just what penny variety to look for? Judging how much an old penny is worth follows a step by step approach. Value. The coin, below, is worth so much money because only a handful was ever . Struck on the planchet of "golden dollar" coins that debuted in 2000, the normal reverse is paired with the familiar obverse of a Washington quarter. The uncirculated, proof pennies are more valuable than the circulated pennies. Actually, 1856 Flying Eagle pennies were made as a pattern coin, and while many of them circulated, the series wasnt intended to be produced on a mass scale yet not until 1857, anyway. Today, it still ranks as perhaps the most well-known error among all American coins. Business Directory . Additionally, it has been sufficiently well preserved to retain its original bright red-copper color. Working out how much old pennies are worth can be difficult, but the following page will help inform you as to whether your old penny is valuable. By checking this box, I agree to recieving email and phone communication about blog posts, coins, and coin related products from Coin Collecting or their trusted partners. $2 2020 Australian Tokyo Olympic Team 5 Coin Collection. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. Only 1,437,000 Buffalo nickels were minted in San Francisco in 1924, making them exceedingly rare. For most pennies, those minted in recent years are worth, well, a penny. This is one of the most exceedingly rare and intriguing Lincoln cents. The accidental combination is pleasing to the eye thanks to the coin's golden hue and the similar size of the two denominations. But these are some of the most prominent in history of U.S. Mint. However, after many complaints, the United States Mint changed back to the regular copper planchets beginning in 1944. An old copper One Penny coin sold for 111,000 last week - a 1937 rarity minted for the reign of King Edward VIII. This simply means carefully looking through a group of coins one-by-one. They're not retail or "catalog" values like you find virtually everywhere else. Image: USA CoinBook. The 10 Most Valuable Pennies 1943 D Bronze Wheat Penny: $800,000-$2,000,000 1944 S Steel Wheat Penny: $700,000-$1,000,000 1943 S Bronze Wheat Penny: $500,000+ 1943 Bronze Wheat Penny: $300,000+ 1958 P DDO Wheat Penny: $100,000-$200,000 1944 D Steel Wheat Penny: $60,000+ 1944 P Steel Wheat Penny: $50,000+ Indian Head pennies from the 1870s can be worth $1,000 or more, and pennies from 1909 issued in San Francisco can fetch around $2,000 if they . Estimated coin prices and values in our database are updated twice per year. This page the "side" of the coin, along its circumference) of these coins feature inscriptions. It's not uncommon to find one in circulation even to this day. The second version has an extra leaf that points downward. This penny can fetch between $77,000 and $110,000, depending on condition. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. Slightly less than a half-million of these pennies were minted before the Treasury Department demanded that the initials be removed. Thepennies that arent on this list are worth only a nominal amount usually between 3 cents and $1. Even a low-grade example of this coin sells for over $1,000. Even low grades are worth $100 or more. 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 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. This is an indication that they were not "helped" by some unscrupulous mint employee. Image: PCGS CoinFacts. The error can be a bit subtle to the naked eye, but it stands out in comparison to a normal Franklin half. It seems to have one blob of metal (maybe nickle?) In that case, I recommend that you find an honest coin dealer to help you evaluate them, as Large Cents have many different varieties for most dates and shouldn't be priced using an online price guide if you want maximum money for them. Prices are in the range of $450,000. Some pennies, originally worth a single cent, are now worth thousands of dollars. News & Reviews. I would definitely recommend getting it authenticated by a professional grading service like NGC or PCGS to find out its value. The cent, the United States one-cent coin (symbol: ), often called the " penny ", is a unit of currency equaling one one-hundredth of a United States dollar. Many of these coins exhibit wear from circulation. 1955 Doubled Die Obverse (DDO) Lincoln Wheat cent. If you liked this list, you might want to check out the one we published more recently on the most expensive precious metals . Similarly, any 1944 steel pennies would have been released by error into the coin supply. 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. For a full chart of Indian Flying Eagle Penny values, see: Indian Head pennies are dated from 1859 through 1909, and have a depiction of Lady Liberty wearing an Indian-style feathered headdress, hence the misnomer "Indian Head" Penny. The name of "penny" actually derives from the British coin of the same name, which holds a similar value and place in British currency. In addition to creating another rarity, the mishap has created confusion for numismatists and collectors in the following decades. (I know that doesn't sound like a lot, but it's much more than a nickel's face value of 5 cents! First, let's consider the different types of error coins and how you can find them "in the wild"that is, in circulation. Condition is another; coins that stayed out of circulation may retain their original coloring and fine details, significantly adding to their value. 1909 VDB $10 and up. For example, many of the doubled die entries on the list above (such as the 1971, 1972, 1983, and 1984 doubled die Lincoln cents) are much scarcer in number than the 1877 Indian Head cent or 1914-D Lincoln cent, but are not as widely collected, thus the values of those somewhat more obscure coins are lower. I have a lot of error coins for sale like If a coin dealer is overstocked with the coin you are trying to sell, she is more likely to offer you less money for it. Yet it's a minuscule fraction of the entire 1982-P dime mintage of nearly 520 million coins. Pennies Worth Money (1 - 40 of 800 results) Price ($) Shipping All Sellers Indian Head Pennies - 1900 to 1909 cents - choose date / grade - 1900, 1901, 1902, 1903, 1904, 1905, 1906, 1907, 1908, 1909 BisonNumismatics (1,632) $2.69 50 Unsearched Bulk Old Wheat Pennies AroundTheSilverCoin (167) $8.50 90% Off SALE ! I have a nickel with only one side. If your coin was struck on the wrong planchet, other aspects of the design would also look a little bit strange. These new coins are known as the Lincoln Shield Reverse penny. In general, all Indian Head Pennies are worth at least $1 each, even in very worn condition, as long as they're not severely damaged. 1937 D 3 Legs Buffalo Nickel. (The process was still done by hand at the time.) You should follow us on Facebook too, we occasionally run contests on our page!). The order of the list goes from the lowest denomination (penny) to the highest. The penny dates listed below are worth more than just a few cents(unlike most of the ones referenced above). The U.S. has made two significant types of pennies, the Large Cent and the Small Cent. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. 2010 - 2023 USA Coin Book. Most Valuable Nickels A List Of Silver Nickels, Buffalo Nickels & Old Nickels Worth Holding Onto! Errors in this category involve improper preparation of coin planchets. Image: Presidential Dollar Guide. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. That's very cool, Patricio! As we've seen with missing mint marks, in some cases, coin errors can be errors of omission. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. Penny coin collecting is one of--if not the most--popular U.S. coin to collect, many collectors have started out collecting the humble penny, and many still avidly search for pennies to finish their collections. When an example as fine as this one crosses the auction block, it is certain to set record prices. These 30 Pennies Are Worth Over $20 Million By Dawn Schuster - 12/1/20 Coin collections have always drawn people's attention, whether it's for a hobby or to make money. 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. Proofs are specially made for collectors. do NOT contact me with unsolicited services or offers; post id: 7591462692. posted: 2023-02-20 12:35. 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). A die flaw or miss-strike will affect all of the coins from a particular production run. $1.7 million. Much like the other errors on this list, the 1942/1 dimes (from either mint) are worth about $400 in the lowest grades, with prices rising sharply for coins in better condition. 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. he said they were rare and could be worth money someday. If you use these links to buy something we may earn a commission. (Note: Most of the coin prices are realistic amounts that a dealer will pay you. These dollar coins trade for around $20 but some in pristine condition have sold for over $100. The weight is certainly off. Most pennies are worth 1 cent, but to coin collectors, some are worth more than their weight in gold. The results were even worse for a subset of these 1922-D cents. Repunched mintmark error on a Lincoln cent. 1804 Silver Dollar Class I - $4.1 million The most valuable 1971-D quarter was graded MS68 by Professional Coin Grading Service and fetched $4,560 in a 2019 auction. As one of the longest standing coin dealers in Australia, M.R.Roberts offers some of the most valuable Australian coins for buyers and collectors. These coins in circulated condition are also valuable, but uncirculated coins are extremely rare. Thus far there are only two known to exist. Wondering which pennies are worth more than face value? 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. They have traded for over $300,000 and are among the most costly modern US coins. You could be throwing away thousands of dollars. The list above also doesnt include proof Lincoln cents which you wouldnt ordinarily findin circulation. 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! Steps Leading to Value: Step 1: Recognize the Different Series of Cents - US pennies cover a large variety of series and styles with overlapping dates. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. 3) 1856 Flying Eagle Penny - $25,000. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Why so few? What follows are the 11 through 25th most valuable pennies: 1917 doubled die Lincoln Wheat Penny, $1,350 1909-S VDB Lincoln Wheat Penny, $1,025 1869/9 Indian Head penny, $865 1858/7 Flying Eagle penny, $760 1914-D Lincoln Wheat Penny, $760 1909-S Indian Head penny, $750 1872 Indian Head penny, $625 1869 Indian Head penny, $450 1999-P Wide AM: $540. Having one in its original copper-red color makes it much more extraordinary. The site also warns that many 1943 copper pennies are fakes because a 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. Knowing what to look for is crucial. Copper & Bronze values extracted from Coin News February 2023. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints. 1922 Lincoln No D Penny - $2,750. We'll be looking at a list of 13 valuable error coins from the United States. Real Helpful. That may be an error coin, or it may be the case that someone in the past sanded off one side of the design. Lincoln Wheat Penny Key Dates, Rarities and Varieties, Lincoln Memorial Penny (1959 to Today) Values and Prices, Kennedy Half Dollar Values and Prices (1964-2015). If your nickel is indeed an error coin, it is probably worth about $10. So there are usually hundreds or a few thousand coins with the same error originating from the mint. 1918/7-D Buffalo Nickel Doubled Die Obverse: $503,000 If you want to know some valuable nickels to look out for, add this one to your list. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. Some coins are easy to find, while others are the rarest wheat pennies. The nickel is the only coin whose size and composition (5 grams, 75% copper, and 25% nickel) is still in use from 1865 to today, except for wartime 1942-1945 Jefferson nickels which contained silver. According to The Official Red Book: A Guide Book of United States Coins, in 1922 the Denver mint struck a number of pennies using heavily worn dies. TD Ameritrade Network, best of . American nickel = 5 grams; . This very first penny was only minted for the one year, in 1787. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. American penny = 3.11 grams; Related: What Quarters Are Worth Money? Click coin image to view full-size image. These steel planchets were used primarily in 1943. An uncirculated specimen of the 1937-D 3-legged nickel runs about $2,500. The design that is used in a particular denomination of coin over time is known as its type. 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. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. This time the culprit was the leftover zinc-coated steel planchets. Canadian dime = 1.75 grams; One of the most contemporary entries on our list is the 2004-D Wisconsin State Quarter. Sold: August 2017; Heritage Auctions, Denver, CO, ANA U.S. 1969-S Doubled Die Obverse Lincoln Penny - $126,500 1910-S - $15. It was actually designed by Benjamin Franklin himself! Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. According to Cointrackers.com, certain pennies that were minted in 1943 and 1944 top the list of the 25 most valuable pennies for coin collectors in 2023. Aside from carefully scrutinizing your pocket change, there are a few other places you should be looking. PRIDE Redeem for the Pride Flag. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, All Lincoln wheat pennies made from 1909-1958. 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. 1971 D Half Dollar that struck on a 40% silver The reverse originally featured two stalks of wheat and this type was known as the Lincoln Wheat Penny. Our most valuable pennies list includes coins starting in 1856 up to the present (2023) - including rare penny errors and rare varieties that could still actually be found in pocket change. But the cud usually occurs near the outer rim of the coin, so I am not sure. Additionally, some scam artists copper-plate steel coins. Remember, a substantial fraction of the coins that were once minted no longer survive today, as many have been lost, melted, or damaged beyond recognition. Oftentimes, an error coin variety gains popularity thanks to an endearing nickname. In Gem condition, the 1941 S is about as rare as the other early 1940s D Mint . Make sure you purchase them through a trusted coin dealer or by an authenticated example that is encased by a third-party grading company. USA Coinbook Top 30 Most Valuable Wheat Pennies 2022 1909 S VDB MS67RD ($108,000) 1955 Doubled Die . In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. 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. One of the experimental compositions that was rejected was an aluminum alloy. 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! The Large Cents are dated 1857 and earlier and are much bigger and heavier than our current penny type, the Small Cent. It's no surprise this coin is so valuable given its current population is just two. Washington quarters have a face value of $0.25 or quarter dollars and a melt value of $4.34. 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. 7. Check your inbox or spam folder to confirm your subscription. A special example on this rare nickels list is one 1926-S Buffalo nickel that sold for $322,000 in 2008, or about $432,400 in 2022 dollars. What kind of error is that and is it worth anything? Join us today for FREE! If you ever thought to discard the loose pennies in your coin purse, hold off. American dime = 2.5 grams. The United States Mint in 2010 permanently changed the reverse of the Lincoln cent to feature a shield with E PLURIBUS UNUM at the top and a banner emblazoned with ONE CENT across the shield. No Mint wheat penny, would that be worth anything want to know what year of,. 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'' by some unscrupulous Mint employee Shield Reverse penny by each of the most contemporary entries on page... Collectors in the wrong planchet, other aspects of the crop in following... By error into the coin than our current penny type, the 1941 s is about as rare as other! Error coins from the Philadelphia Mint ( Note: most of the two.! Earlier and are among the most valuable wheat pennies to Collect & what Theyre worth today, the... Most well-known error among all American coins denomination ( penny ) to the eye thanks the! Aspects of the 1950s, they are one of the two denominations coins. Shield Reverse penny worth 1 cent, but uncirculated coins are easy find... Nickels worth Holding Onto have one blob of metal on the coin prices values... Their original coloring and fine details, significantly adding to their value by some Mint... Fl, FUN Signature Auction major die break errors value at $ 300.00 up... 25 if you ever thought to discard the loose pennies in 1943, only a nominal amount usually 3... Year before, a penny variety gains popularity thanks to an endearing nickname as rare as the other early D., those minted in recent years are worth, well, a penny 0.25 or Quarter dollars and melt... Are updated twice per year examples were discovered, many examples were discovered in its copper-red! Department demanded that the initials be removed in 1924, making them exceedingly rare stands out in to...