When you think of pennies, you probably imagine a small, copper-colored coin that’s not worth much. However, some pennies—due to unique characteristics, rare errors, or specific features—are highly coveted by collectors and can be worth a small fortune. Among these rare finds are the so-called “blue pennies”, a term used to describe certain pennies that have an unusual bluish tint or distinct rarity that makes them stand out from the rest.
While these blue-toned pennies might not actually be blue, their value has earned them a place of fascination in the coin-collecting world. Some are still in circulation today, so you might have one hiding in your pocket change! Here’s a look at six rare blue pennies that could make you rich if you find them.
1. 1943 Steel Penny (The “Blue Steel Penny”)
One of the most famous and valuable “blue pennies” is the 1943 steel penny. During World War II, the U.S. Mint switched from copper to steel for penny production to conserve copper for the war effort. These steel pennies are coated with zinc, giving them a bluish sheen. While most of the 1943 pennies were struck on steel blanks, a few were mistakenly struck on copper planchets, creating a rare and highly sought-after error coin. In fact, some 1943 copper pennies have sold for over $1 million at auction. If you find one, you might be holding a piece of history that could make you a small fortune.
2. 1969-S Double Die Penny
The 1969-S double die penny is another famous coin that collectors prize for its minting error. The doubling effect on the date and “Liberty” inscription makes this penny particularly rare and valuable. Though it doesn’t literally have a blue color, some 1969-S pennies develop a bluish tint over time due to their composition and environmental exposure. In excellent condition, this penny can fetch upwards of $200,000, making it a highly sought-after find for serious coin enthusiasts.
3. 2009 Lincoln Bicentennial Penny with Blue Toning
The 2009 Lincoln Bicentennial penny was issued to commemorate the 200th anniversary of Abraham Lincoln’s birth. While not an error coin, some 2009 pennies have developed a unique blue toning due to oxidation or exposure to moisture over time. This toning can make them appear bluish, and well-toned examples are highly desirable among collectors. Though they won’t fetch as much as error coins, a rare, well-toned 2009 penny can still be worth more than its face value, especially if it’s in pristine condition.
4. 1970-S Small Date Penny
The 1970-S small date penny is another valuable coin, though it doesn’t exactly fit the “blue” category. However, this penny is a rare error coin that was produced with a smaller date than the typical 1970 penny. Because only a limited number were minted, it’s considered a rare find. While it doesn’t have a blue hue, some examples can develop a bluish patina over time, particularly those that have been well-preserved. These coins are worth far more than the usual 1970 pennies, with high-quality specimens reaching several thousand dollars.
5. 1944 Steel Penny
The 1944 steel penny is another rare coin that has a blueish tint to it, although it wasn’t intentionally made this way. The mint accidentally produced a small number of 1944 steel pennies, despite the fact that by this time the U.S. Mint had switched back to copper. This rare error coin has a distinct steel color and a bluish appearance in some cases, especially those that have been stored improperly. These pennies are incredibly valuable and have been known to sell for upwards of $200,000 in auction.
Conclusion
While most pennies in your pocket are worth just one cent, these rare and “blue” pennies could be worth much more if you happen to find them. From the famous 1943 steel pennies to the 1995 doubled die error, each of these coins is a prized find among collectors. If you come across any of these in your spare change, make sure to take a closer look—they could be worth a lot more than you think.
FAQs
What makes a penny valuable? The value of a penny is usually determined by its rarity, condition, and any unique characteristics, such as errors or unusual minting features.
How do I know if my penny is worth something? Look for coins with rare dates, mint marks, and noticeable errors. If your penny has a distinctive appearance, like a bluish tint or doubled lettering, it could be worth more. Having your coins professionally graded can also help assess their true value.
Are “blue” pennies always valuable? Not all pennies with a blue color are valuable. The term “blue pennies” generally refers to rare error coins or those that have developed toning over time. The most valuable ones are those with unique errors, rare mintages, or exceptional condition.
