While most pennies are worth just one cent, there are a select few that are worth a small fortune. Some rare pennies, due to errors or unique characteristics, can be valued at more than $85,000 or even higher. If you’re a coin collector or simply curious about your spare change, you might be sitting on a small treasure. Let’s explore the top 10 pennies still in circulation that could be worth an incredible amount of money.
1. 1943 Copper Penny – Worth Up to $1.7 Million
During World War II, the U.S. Mint switched to steel for pennies to conserve copper for military use. However, a small number of 1943 pennies were mistakenly struck in copper. These rare copper pennies can fetch upwards of $1.7 million, making them one of the most sought-after coins in the world. If you come across a 1943 penny, check carefully—it could be the jackpot you’ve been waiting for!
2. 1955 Double Die Penny – Can Sell for Over $100,000
The 1955 Double Die Penny is a famous error coin that features a double image of the date and inscriptions due to a misalignment during the minting process. Though not all 1955 pennies have this error, those that do are highly valuable. Depending on its condition, a 1955 Double Die Penny could be worth over $100,000, making it a must-have for serious collectors.
3. 1909-S VDB Lincoln Penny – Worth Around $100,000
The 1909-S VDB penny is a rare coin from the early years of the Lincoln penny series. The “VDB” refers to the designer’s initials (Victor David Brenner), which were removed from the reverse after public criticism. Only a small number of these pennies were minted, and they are highly sought after by collectors. A well-preserved 1909-S VDB penny can be worth up to $100,000.
4. 1922 No D Lincoln Penny – Valued at $85,000 or More
In 1922, some Lincoln pennies were mistakenly minted without the “D” mintmark, which signified that they were produced in Denver. These “No D” pennies are incredibly rare and can be worth around $85,000, depending on their condition. If you come across a 1922 penny, check the mintmark to see if it’s one of the valuable versions!
5. 1877 Indian Head Penny – Can Be Worth Over $85,000
The 1877 Indian Head Penny is a highly coveted coin due to its rarity. This penny was struck during a time of coin shortages, and as a result, fewer were produced. A well-preserved 1877 Indian Head Penny can fetch over $85,000, making it a valuable find for collectors of American currency.
6. 1944 Steel Penny – Worth $85,000 or More
Another result of World War II, the 1944 steel penny was produced by mistake after the Mint reverted back to copper for the year. However, a few steel pennies were still minted, making them extremely rare and valuable. A 1944 steel penny in top condition can be worth over $85,000, making it a coin worth keeping an eye out for in your change.
7. 1969-S Double Die Obverse Penny – Could Be Worth $85,000
The 1969-S Double Die Obverse Penny features a double strike on the front (obverse) of the coin, particularly noticeable on the date and the words “LIBERTY” and “IN GOD WE TRUST.” This error occurred due to a misalignment during the minting process. A 1969-S Double Die penny in excellent condition can be valued at $85,000 or more.
8. 1950-D/S Overmintmark Penny – Worth Around $80,000
In 1950, an overmintmark error occurred when the Denver mintmark (D) was struck over a San Francisco mintmark (S). These “overmintmark” pennies are rare and can be worth close to $80,000, depending on the condition of the coin. Collectors actively seek out these misprints, making them valuable additions to any collection.
9. 1941/1 Lincoln Penny – Valued at $85,000
A rare overdate penny, the 1941/1 Lincoln Penny features the number “1” from a previous year that was mistakenly struck over the “1” of 1941. This overdate error makes the coin significantly rarer and much more valuable. If you have a 1941 penny with this unique feature, it could be worth upwards of $85,000.
10. 1914-D Lincoln Penny – Worth $85,000 or More
The 1914-D Lincoln penny is a rare coin due to the relatively low number of pennies produced that year in Denver. Because of its scarcity and demand among collectors, a 1914-D penny in good condition can be valued at $85,000 or more. It’s a must-have for serious coin collectors and a coin worth checking for in your collection.
FAQs
1. How do I know if my penny is worth more than its face value?
The most valuable pennies have unique features such as minting errors, rarity, or special historical significance. Look for coins with unusual markings, like double strikes, missing mintmarks, or overdates. You can also check the date and mintmark, as certain years and locations produce rarer coins.
2. How can I determine the value of my pennies?
To determine the value of your pennies, you can consult a professional coin appraiser or use online resources like coin price guides. It’s also helpful to look at the condition of the penny—coins in excellent condition (graded MS-65 or higher) are typically worth more.
3. Where can I sell my rare pennies?
If you have a valuable penny, you can sell it to a reputable coin dealer, at an auction, or through specialized online platforms. Be sure to get an accurate appraisal before selling to ensure you receive a fair price for your coin.
4. What should I do if I find a rare penny?
If you suspect that you’ve found a rare penny, have it professionally appraised to determine its value. Keep the coin in good condition by storing it in a safe, dry place and avoiding cleaning it, as cleaning can reduce its value.
5. Are all 1943 pennies valuable?
No, not all 1943 pennies are valuable. Most were made from steel, but a small number were mistakenly minted in copper, making those pennies worth significant amounts. If you find a 1943 penny, check it carefully to see if it’s made of copper.
