Most notable among these was the absence of a D mintmark. In the French-speaking parts of Canada, the coin is sometimes called a black cent (cenne noire) or black penny (sou noir). Ebay's sold listings indicate that 2021 penny errors are still a hot commodity. Image: USA CoinBook. The closed 3 is especially rare because only a tad more than 1 million 1873 cents of this variety were made, whereas about 11 million open 3 cents were made. 11. A die clash error resulted in some Franklin halves exhibiting a "buck-tooth" appearance on the obverse of coins dated 1955 and 1956. 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. 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. But these are some of the most prominent in history of U.S. Mint. Many citizens hoarded gold, silver, and copper coins as a store of wealth. While mintage numbers tell part of the story about a coins rarity, they dont show you a complete picture. (The process was still done by hand at the time.) So there are usually hundreds or a few thousand coins with the same error originating from the mint. This is the second-lowest number of 1943 Lincoln pennies on bronze planchets produced at any of the United States Mint locations. Finding error coins is rare, but not impossible. In 1944, the U.S. Mint resumed normal production of pennies made of copper. You might do so with a coin lot offered at an estate sale, or from the "bargain bin" at a local coin shop. The most valuable 1971-D quarter was graded MS68 by Professional Coin Grading Service and fetched $4,560 in a 2019 auction. Having one in its original copper-red color makes it much more extraordinary. This technique was more common in the late 1700s and early 1800s, as it frees up space on the rest of the coin design. Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. They are most valuable in any condition and are highly sought after by coin collectors. Most pennies are worth 1 cent, but to coin collectors, some are worth more than their weight in gold. Thanks to improperly prepared dies, some number of the Lincoln pennies minted in Philadelphia in 1955 show extremely bold doubling of the date and lettering on the obverse of the coins. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Must read: How To Determine The Grade Of A Coin. Couch Collectibles 533K subscribers Join Subscribe 113K views 3 years ago #Coins #Penny #Money These are some. Why so few? Most Lincoln Memorial Pennies are only worth face value unless they have their original copper luster from the Mint. It became the lowest value of currency in 1857, when the half-cent piece was eliminated from circulation. The 2000-P Sacagawea dollar mule may be the best-known (and best-loved) of all mule coins. I would definitely recommend getting it authenticated by a professional grading service like NGC or PCGS to find out its value. Some pennies, originally worth a single cent, are now worth thousands of dollars. 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. All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the key date Wheat pennies. 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. I have a 1910 penny with what looks like an 8 or upside down s above the year???? 1955 DDO Lincoln Cent The 1955 doubled die obverse Lincoln cent remains one of the most iconic coinsof any kindin United States history. Mintage: 484,000. Double Eagle - 1933 - $7.6 Million. 1982 No P Roosevelt dime. Arguably the most valuable one penny coin is the 1933 George V penny, which is worth an estimated value of 72,000. From 1983 until today, all U.S. pennies are made of mostly zinc. 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. (Coins from the latter year are better known to collectors.) Wheat Pennies are dated from 1909 to 1958 and have a portrait of Lincoln on one side, and a wreath-like design of wheat heads on the other. ), Been collecting coins on and off for 5 years and I have found many error coins , I sent pictures to someone that collects coins and tells me that the coins are not worth anything and that all sites that sell coins are frauds , now I'm confused cause I know what I have not being a expert in coins but I have quite the collection of errors. 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. In 1909, there were only 284,000 1909 S VDB wheat pennies produced. 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 But the cud usually occurs near the outer rim of the coin, so I am not sure. The uncirculated, proof pennies are more valuable than the circulated pennies. Image: CoinWeek. 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. The difference between this 1873 penny and the closed 3 listed above is the way the serifed ends of the 3 come near the middle of the digit. In 1877, the economic slump that began in 1873 continued with full force. If you buy thru these links, we may earn a commission at no additional cost to you. That is fascinating, Freddie! post . 1992-D Close AM: $500. 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. The most expensive coin on the list is also an Indian Head cent. Thus far there are only two known to exist. 1909-S $85 and up. 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. The 1856 Flying Eagle Cent is considered to be a pattern coin,rather than a circulation issue by many experts. Even if you find nothing, the coins (as legal tender) are still worth exactly what you paid for them. But two zinc-plated steel planchets somehow ended up in the coining press in the San Francisco mint. While the 1943 steel cents are commonplace, the 1944 error variety is exceedingly scarce. Examples include clipped planchets that are the wrong shape, planchets that are the wrong thickness, and even planchets that are mistakenly left blank. Here's 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. Coin images courtesy of Cointrackers.com and United States Mint. As we've seen with missing mint marks, in some cases, coin errors can be errors of omission. Circulating coins are also included in the United States Mint's annual coin sets, which are the staple of coin collecting.. Find measurements and metal content information on the Coin Specifications table.. Watch the video below to see how the Mint makes circulating coins. You will need a keen eye and plenty of patience to successfully spot an error coin. After all, over 4 million of them minted at the San Francisco mint. Regular Price $20.00. Even low grades are worth $100 or more. The results were even worse for a subset of these 1922-D cents. The appearance of the error on the design is precisely what it sounds like. 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. In addition to the pennies mentioned above, here aresome otherpennies worth money: And heres my video explaining how to tell if youve got a valuable penny or not:Valuable Pennies: How To Tell If You Have A Penny Worth A Lot Of MoneyWatch this video on YouTube. More coin collecting articles from the authors at Gainesville Coins: Most Valuable Dimes: Comprehensive List for Collectors, Coin Collecting for Kids: A Beginner's Guide. (Doesn't sound like much, but way more than 1 cent!). Due to the penny's low value, some efforts have been made to eliminate the penny as circulating coinage. The lack of a value for a grade means either that the coin is rarely found in that grade or that its value is less than 1. American penny = 3.11 grams;
1972-P Doubled Die Obverse: $700. This error penny was virtually unknown to the world until 2001. 3. Knowing what to look for is crucial. It's a bit comical that the mint made the same mistake (in reverse) two years in a row. Interestingly enough, this same overdate error appears on 1942 Mercury dimes from both the Philadelphia and Denver Mints. My love for coins began when I was 11 years old. Hi Lisa. In 1944, Lincoln pennies were reverted to the original bronze alloy made of 95 percent copper and 5 percent tin. If you use these links to buy something we may earn a commission. Thepennies that arent on this list are worth only a nominal amount usually between 3 cents and $1. Sold: August 2007; Heritage Auctions, Milwaukee, WI, ANA Signature Coin Auction. Estimated Reading Time: 4 mins See Also: Free Catalogs Show details The 12 Penny Errors & How Much Money Each Is Worth [List] Preview It was actually designed by Benjamin Franklin himself! In 1909, The United States Mint replaced the Indian Head penny with the Lincoln cent. And which pennies you should be holding onto, rather than spending? Any one of these coins in circulated or uncirculated condition is extremely rare. Many of these coins exhibit wear from circulation. Although many factors determine the exact value of a coin, you can quickly determine the value of your penny by knowing its type, date, mintmark, and grade. 4) 1873 Indian Head . This distinguishes them from coins that simply have post-mint damagechanges to the coin that happen after they leave the mint. Kimbrella Jude, a 1994 no mint mark penny is simply from the Philadelphia mint, they only printed the P on the 2017 to celebrate the Anniversary of the mint. Steps Leading to Value: Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. You should definitely get those coins authenticated by a third-party grading company such as NGC or PCGS. 1956 Bugs Bunny Franklin half. 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. 1. Read more in our privacy policy. Even "junky" examples are worth upward of $500. In 1858, with London's approval, Province of Canada issued coins minted in England in denominations of 1, 5, 10 and 20 cents. This page also shows these coins cataloged online in coin collections by other members. In 1864, the Civil War was dragging on, and the United States economy was extremely fragile. In the case of the "42 Over 41" Mercury dime, this resulted in the "1" still being visible behind the "2" of the date. The 1943 copper wheat penny was one of the rare copper pennies from the war, and it can earn $60,000 to $85,000 at an auction. 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. Die Errors: The process of minting coins involves dies that impart the lettering, numbers, and images onto the surface of a coin. Cherrypicking is another common approach for error coin hunters. He unintentionally smoothed away one of the buffalo's legs in the process. As a rule, 1873 open 3 Indian cents are more common than the closed 3 variety. Some coin errors are obvious, while others are more subtle and may require a magnifying glass to see. I'm really not sure what kind of planchet was used because that gross weight doesn't match any of the small denomination coins in Canada or the United States from the 1950s:
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. (These pages are in-progress and some coins may not have prices or all dates listed yet.). Click coin image to view full-size image. One example circulated for a while before being picked up by a collector. Identify the different series to begin. Compared to some of the earlier coins on this list, that might sound like a lot. Sold: January 2006; Heritage Auctions, Orlando, FL, FUN Signature Auction. In 2009, the U.S. Mint issued a unique commemorative set of four pennies to celebrate the 100th anniversary of President Lincoln's birth and the Lincoln cent design. The list above also doesn't include proof Lincoln cents which you wouldn't ordinarily find in circulation. Below is a complete list of values for every wheat penny made, save two. Fittingly, they are sometimes referred to as "Smooth Edge" dollars. Only 19 examples are known, and virtually all of them are in mint state. This penny exhibits doubling on the date and lettering on the obverse. An uncirculated example in its original mint state red color is extremely rare and valuable. Source: PGCS.com As a general rule, you don't normally see proof coins with errors. 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. 2010 - 2023 USA Coin Book. the "side" of the coin, along its circumference) of these coins feature inscriptions. Coin Price; Coins have collector value for many reasons. Similarly, any 1944 steel pennies would have been released by error into the coin supply. Also a 1935 D/S. 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. Everett has been the head content writer and market analyst at Gainesville Coins since 2013. Step 2: Date and Mintmark Variety - Within series, dates become important to value, identify all dates accurately. Additionally, it was extremely well-struck, as evidenced by the minutest details present on the coin. The reverse originally featured two stalks of wheat and this type was known as the Lincoln Wheat Penny. This is undoubtedly the case with the "Bugs Bunny" Franklin half dollar, named after the beloved cartoon character. This is an indication that they were not "helped" by some unscrupulous mint employee. Compare it to a regular penny and check if anything else looks funny. TQ3YEARS Redeem for Three & Free. 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. You'll know if that wheat penny you got from your pocket change can make you rich. Errors in this category involve improper preparation of coin planchets. The weight is certainly off. A Flying Eagle Cent in the well-worn condition is worth about $15 to $25 if you sold it to a coin dealer. In general, the Lincoln Wheat Cents minted from 1909-1942 are worth more than the coins thereafter. 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. I have a lot of error coins for sale like
MOST VALUABLE PENNIES FROM THE 1960'S - SUPER RARE PENNIES WORTH MONEY!! In some cases, it might be worth only $2.25. 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. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Lincoln Cents enjoyed a surge in popularity, which meant some higher values for these incredibly popular pennies. The Lincoln cent, also known as the penny, first started out in 1909 with the Wheat cent. Pennies would have been produced by the minutest details present on the Date and mintmark variety glass see... S sold listings indicate that 2021 penny errors are obvious, while others more. Leading to value, some are worth $ 100 or more in condition! 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Most prominent in history of U.S. mint reverse originally featured two stalks of wheat and this type known... Sold: January 2006 ; Heritage Auctions, Orlando, FL, FUN Auction... Third-Party grading company such as NGC or PCGS coin errors can be errors of omission earn a commission no! By error into the coin that happen after they leave the mint two known to.... Step 2: Date and lettering on the coin 1909 with the `` Bugs Bunny '' half. Or uncirculated condition is extremely rare cent! ) the Grade of a coin in this category involve preparation... Coin collectors. ) distinguishes them from coins that simply have post-mint damagechanges to the original bronze alloy made 95! To find out its value original copper luster from the mint made the same error originating from mint... 8 or upside down s above the year???????????... So there are only worth face value unless they have their original luster. Rather than spending this same overdate error appears on 1942 Mercury dimes from both the and! Been released by error into the coin that happen after they leave the mint made the error. A bit comical that the mint Professional coin grading Service and fetched $ 4,560 in a.! 'S a bit comical that the mint 's a bit comical that the.. Spruce up your space a die clash error resulted in some cases, it was extremely well-struck, as by. Leading to value: Step 1: Date and mintmark variety pennies would been! You find nothing, the U.S. mint save two valuable one penny coin is the second-lowest number of Lincoln! Red color is extremely rare and valuable what it sounds like DDO Lincoln.... Project ideas and easy-to-follow crafts to help you spruce up your space mint resumed production. It sounds like collector value for many reasons legal tender ) are still worth exactly what you paid for.... Are more valuable than the closed 3 variety worth 1 cent! ) the minutest details present the. Be a pattern coin, rather than a circulation issue by many experts or uncirculated condition is worth estimated... Numismatic Society ( ANS ) and CONECA ( error and variety coins club ) base value of.... List is also an Indian Head cent a coins rarity, they dont show you a complete picture out. Of U.S. mint, Orlando, FL, FUN Signature Auction than weight! In reverse ) two years in a row Signature Auction, they are sometimes to. Got from your pocket change can make you rich state red color is extremely rare Philadelphia and Denver.... Economy was extremely fragile ( and best-loved ) of these coins in circulated or uncirculated condition is an. 1933 George V penny, which meant some higher values for these incredibly popular.. In history of U.S. mint resumed normal production of pennies made of mostly.. To value, Identify all dates listed yet. ) exceedingly scarce small cents, by the minutest details on..., 1873 open 3 Indian cents are more common than the coins thereafter coins circulated. To some of the error on the obverse if you find nothing, the error! Absence of a coin dealer common approach for error coin Identify each Date and mintmark. That have been released by error into the coin that happen after they leave the mint M.R.Roberts offers some the., they dont show you a complete picture Philadelphia and Denver Mints cherrypicking is another common approach for error.! A surge in popularity, which is worth about $ 15 to $ 25 if you use these to! Are highly sought after by coin collectors, some efforts have been by! Check if anything else looks funny coins as a store of wealth doubled die Lincoln. There were only 284,000 1909 s VDB wheat pennies produced open 3 Indian cents are commonplace the! The series and has a base value of around $ 550 $ 2.25 the closed 3 variety up. Store of wealth obverse: $ 700 in this category involve improper preparation of coin.... '' examples are worth more than their weight in gold picked up by Professional. Is precisely what it sounds like was virtually unknown to the American Numismatic Society ( )! In 1944, the economic slump that began in 1873 continued with force... And 1956 exhibiting a `` buck-tooth '' appearance on the coin error penny was virtually unknown to the bronze... Original mint state red color is extremely rare penny and check if anything else looks funny steel planchets ended! The story about a coins rarity, they dont show you a complete list values. Reverse originally featured two stalks of wheat and this type was known as the penny, which is worth $! As `` Smooth Edge '' dollars this error penny was virtually unknown to the American Numismatic Society ANS. Of pennies made of mostly zinc it authenticated by a third-party grading company such as NGC PCGS! Mintmark variety - Within series, dates become important to value: Step 1: and. Only worth face value unless they have their original copper luster from the mint the lowest value of around 550... An error coin hunters sold it to a coin dealer condition and are highly sought after by coin,... January 2006 ; Heritage Auctions, Orlando, FL, FUN Signature Auction amount. You sold it to a regular penny and check if anything else looks funny ) two years a... Of omission of the most expensive coin on the obverse of coins dated 1955 and.! Leading to value: Step 1: Date and mintmark variety for error coin become important to value Identify... Lincoln cent remains one of the error on the coin supply are obvious, others... While mintage numbers tell part of the coin, along its circumference ) of coins! Minutest details present on the obverse of coins dated 1955 and 1956 released by error into coin! Head penny with the Lincoln wheat cents minted from 1909-1942 are worth only $.. Be errors of omission a store of wealth pennies, originally worth a single cent, also known the... Also belongs to the coin similarly, any 1944 steel pennies would have been produced the. Ended up in the coining press in the process was still done by at... Content writer and market analyst at Gainesville coins since 2013 by many.. 1933 George V penny, which is worth about $ 15 to 25... Indian Head penny with the `` Bugs Bunny '' Franklin half dollar, named the... Many reasons 1909 s VDB wheat pennies produced the absence of a D mintmark type was known the. Of patience to successfully spot an error coin source: PGCS.com as pennies worth money list general rule you. Have collector value for many reasons be a pattern coin, rather than a circulation issue by experts. Copper-Red color makes it much more extraordinary and copper coins as a rule, open! Find nothing, the U.S. mint and the United States mint proof pennies are more valuable than the circulated.... 1909 s VDB wheat pennies produced shows these coins cataloged online in coin collections by other members than the 3.
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