The Philadelphia mint produced about 20 bronze/copper coins in 1943, making this one incredibly rare and valuable. My love for coins began when I was 11 years old. Of all the cents currently in circulation these pennies are worth the most money. These are everyday, run-of-the-mill coins currently in circulation. While a circulating coin typically lasts 30 to 40 years, some lucky collectors have found pennies minted in the mid 1900s . Legend Rare Coin Auctions. In fact, the first "Fugiocent" wasdesigned by Benjamin Franklin. $6.24 . 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. 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. We've compiled a list (with ref pictures) of the most valuable Lincoln penny errors that are in regular everyday circulation. This coin sold on eBay on August 3, racking up 46 bids that quickly jumped in price. The odds of finding a 1943 D Penny struck on a bronze planchet is likely around 10 in 217 million. This rare coin stands out among the Lincoln cents worth a lot of money. 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. The 1970 Lincoln Memorial Cent is especially rare if it has a small letter "S" under the date, plus one more unique feature. 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. A doubled die coin of any era is usually pretty scarce to begin with, but an Indian Head cent is scarcer still. The 1914-S Lincoln cent is by no means a rare coin. Some pennies, originally worth a single cent, are now worth thousands of dollars. But, a mix-up in the San Francisco mint resulted in about 30 pennies being made from steel left over from the 1943 pennies. These were minted in Philadelphia, Denver, and San Francisco, as well as in proof sets. Because of the increased pressure bronze examples of the 1943 Cent should in general be in better condition than most copper pennies from the 1940's. Just as with the flying eagle cent, this coin was designed by Mr Longacre. Its important to note that there are two varieties of this coin: one has the normal date (Sheldon-189) and the other has an overdate (1799/8). The close "AM" version is the more valuable penny of the two. Why is this coin so rare? 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. Because of their uniqueness, theyre remarkably valuable. Of course, they're worth more if they're in better condition, and all circulating coins tend to have a lot of wear and tear. However, after many complaints, the United States Mint changed back to the regular copper planchets beginning in 1944. How to Find Rare Coins Worth Money and Wanted by Collectors. Up until the late 1950s, Mr Brenner designed all the years ofthe coinsfeaturing Lincoln. . Slightly more than 4 million of them were minted. It will stick to a magnet. Sold: August 2008; Heritage Auctions, Baltimore, MD, ANA US Coin Signature Auction. This coin should've had a "D" for its Denver mintage, but the space on this coin is blank. Brenner added his initials V.D.B. 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. Which coins currently in circulation are worth the most? The 1998 S Proof Lincoln Memorial Cent commonly has a wide spacing between the A and the M. In the close "AM" version, the letters almost touch. Because of this long history, many people expect older coins to have more value. Jan 2018 - AU53 $228,000. Back to top. 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. We've also rounded upthe most valuable US coins worth up to $10,633. In 2021, an MS64 graded coin (pictured left) sold for $180,000. The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. The penny has been part of US currency almost as long as the country has been independent. Most ammunition consists of a copper or brass (copper/zinc) casing, filled with gunpowder, and capped with a lead, copper or steel bullet. A coin from the late 1700s has alsosold for more than $6,000. San Francisco is known to have only produced five of the 1943 bronze/copper pennies, making them especially rare, but some experts have been willing to note that there may be more in existence. If you know what to look for, this hobby could pay serious dividends. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. Be sure to check your change for this one! Originally created as presentation pieces to show to members of Congress, other dignitaries, and even collectors, they eventually made their way into circulation over the years. The 1995 Double Die Obverse Lincoln Memorial Cent became a rare penny (and a valuable collector's item) after a doubling error occurred. 2019 Penny Value Guide: Some 2019 Pennies Are Worth $3,600 Apiece! This coin was first discovered in 1970 and was reported by Coin World on the front page in its July 8, 1970 edition. It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. These steel planchets were used primarily in 1943. By the end of the 1950s, they had become a hot coin collector item and remain so to this day. 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. 6. to the coin's reverse, at the bottom between the two stalks of wheat. Whether you collect Flying Eagle pennies, Indian Head pennies, or Lincoln pennies, you will find that the market for rare pennies is quite active. We strive to put out videos as quickly as we can that c. This only takes place in the small date version. Another Indian centsold for more than $3,000 online. "In 1922, the Denver Mint was the only Mint which produced cents for that year. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Just a few leftover copper penny planchets from the early 1940s were accidentally used to create 1943 Copper Pennies. This wheat cent is the only example known to exist. Many citizens hoarded gold, silver, and copper coins as a store of wealth. Top 100 Most Expensive Coins in the World World Numismatic News 121K subscribers Subscribe 3.2K Share 186K views 1 year ago To celebrate reaching 100 000 Subscribers, here is a video looking at. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. If you ever come across one of these rare pennies, don't use it on a parking meter. 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. 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. Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. 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. The number "7" appears higher than usual, nearly level with the "0.". As a result, demand for United States coinage was at an all-time low, and families struggled to make ends meet. Sold: January 2004; Heritage Auctions, Orlando, FL, FUN Signature Auction. Mr Hernandez wrote of this coin that it's the only Lincoln cent in the entire series which lacks its intended mint mark. YOU'VE likely come across plenty of pennies in your life but rare ones from the 1900s and before then are selling for a ton of cash online. 25 Most Valuable Pennies (Updated)Thanks for joining the currency and coin community here on YouTube! The 1943 steel penny is more common than the elusive 1944 Steel Wheat penny. In this case, the wide "AM" version is just as sought after as the close "AM" version. What It's Worth: $185,000, butsold for $1 million to Bob R. Simpson, co-chairman of the Texas Rangers, in 2012. It is believed that only a handful of them exist so if you happen to find one, count yourself lucky. In fact, only 852,500 were originally minted, and only a small fraction of 1877 pennies from the original mintage remain today. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. These are the most valuable pennies in circulation.And they are worth a pretty penny if you find them. 1856 Flying Eagle penny, $12,850 Only 2,000 examples of the Flying Eagle cents were ever made. 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. Sold: March 2018; Stacks Bowers; Baltimore - Session 3 - Rarities Night Including the ESM Collection. PCGS MS-63 (PR-63 for proofs) is the baseline grade for comparison. 1922 No D plain Lincoln Wheat Penny, $2,050 Repairs to a damaged coin die left the 1922-D cent without any visible trace of its mint mark, leaving a coin that many thought back in the mid 1920s was a typical unmarked penny from the Philadelphia Mint. The machines from 1944 should have been dialed back from 1943 in an effort to preserve the dies longevity. Why It's Worth So Much: Copper wasadded to the penny in 1944; the alloy also incorporatedrecycled ammunition shells. 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