On this page we are going to talk about some rare American coins, in particular about most valuable pennies.
Among the most valuable pennies this is a coin that would seem to have nothing particularly interesting. Required fields are marked *. We are in the middle of the period of economic collapse that had affected the American states since 1873. If the coin is in perfect condition and has kept its original color, it is worth a lot of money.
Although coin restoration will not restore the shine and luster of a newly-minted penny, it can remove any stains or rust, thereby increasing the penny’s value. Value: $258,500.00 (Heritage Auction 2014) – 231.000€ Quality: PCGS PR-67 Red & Brown. 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. The circulating coins have therefore no value, if not a few euro cents. *This list of most valuable pennies refers to problem-free coins grading Extremely Fine-40 on the Sheldon Grading Scale. Want to know what the most valuable pennies are?
Pennies in mint condition are worth much more than pennies that look old or worn. Since 2000, the price of copper has risen dramatically, making the meltdown value of these pennies more than the face value of the coin. We have listed the rarest and most quoted currencies among the cents of the dollar but there are many others that, even if they do not reach stratospheric figures, are still valued very much and very rare.
1877 Indian Head penny, $2,650 – Unlike the first five pennies listed in this article, the 1877 Indian Head cent isn’t any type of error or pattern coin. It simply is a regular-issue piece that was struck in relatively low numbers. Most Valuable Pennies; Most Valuable US Pennies - Highest Value 1 Cent Coins. Money Value (Dimes, Nickels, Pennies) Worksheet. What makes it rare is the fact that it was minted in steel instead of normal copper. Mints print millions of coins every year and errors of this kind can happen. Actually, 1856 Flying Eagle pennies were made as a pattern coin, and while many of them circulated, the series wasn’t intended to be produced on a mass scale yet – not until 1857, anyway. 1955 doubled die obverse Lincoln Wheat Penny, $1,900 – It’s estimated that some 24,000 Lincoln Cents from 1955 were struck with a doubled die.
1873 doubled Liberty “closed 3” Indian Head penny, $2,400 – Another doubled die cent, this piece features doubling in the word LIBERTY. The particularity lies in the fact that the inscriptions of the right side of the coin are doubled, you can see very well in the inscription “Liberty”. 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.
Value: $149,500 (Heritage Auction 2006) – 134.000€Grade: PCGS MS-65 Red. It is not known how these galvanized steel pennies came out of the San Francisco Mint.
We have already talked about this coin with the three-digit initials of the author VDB at the bottom. A very special currency, so special that when it was discovered (in 1970) the federal government of the United States thought it was a counterfeit coinage. 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.
(consult our numismatic glossary to study the various states of quality).
In this period here is the 1 cent dollar coin with the rarest Indian head ever minted.
The story behind copper 1943 Lincoln Pennies is presumed to be a pure accident at the U.S. Mint – perhaps a few leftover copper planchets from 1942 were stuck in the coining press system and struck with 1943 penny dies.
Produced in 15.274,000 copies, if kept in good condition is worth 1,5€ but if in excellent condition is quoted over 760€. However, what is known for sure is that the 1922 no-D penny is quite scarce and in high demand among coin collectors. Buying coins at auction is the best way to increase a collection. The 1870 “Indian Head Penny”. In a period of uncertain economy and of continuous clashes and battles in the middle of the civil war of 1864, the United States went through a difficult period even if only to obtain the metal necessary for the minting of coins.
In fact, from 1944 onwards we have returned to the classic use of copper. One of the most precious copper cents. This example is even more particular and extremely rare because, although the coin has been preserved for over 100 years, its colors are always extraordinary and perfect.
Coined in over 430 million copies, this coin does not seem to have anything special about it. 1 nickel = 5 cents . While the two most valuable coins on this list are coincidentally the rarest (between 20 and 40 specimens each of the 1943 bronze cent and 1944 steel cent are thought to exist), the order of which coins are most valuable doesn’t necessarily correspond with the order of rarity.
If your coin already looks old, consider restoring it.
Value: $126,500 (Heritage Auction 2008) – 113.000€Grade: PCGS MS-64 Red.
If you are investing money in rare pennies, buy coins that are in the best condition you can afford, and always focus on purchasing coins that display original color and are in nice shape overall.
Families struggled to make it to the end of the month and there was no room to save even a few coins, much less to store them for numismatic purposes.
While mintage numbers tell part of the story about a coin’s rarity, they don’t show you a complete picture. Fill in all the gaps, then press "Check" to check your answers.
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! It’s believed that less than 30 copper 1943 pennies exist from across all three mints (Philadelphia, Denver, and San Francisco) operating at that time. Objective: I know the value of dimes, nickels and pennies. The date is also split but to see it you need a magnifying glass. Produced in 5,275,000 copies, if circulated it is worth 35 € and if auctioned in perfect conditions it is worth almost 900 €. For this reason, these American steel pennies are really sought after and paid very well by collectors.
This combined with the low number of coins minted have helped to raise its value to the stars. 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. In 1944 the 1 cent dollar coins had to be minted in bronze and not in steel. This particular penny of 1914, if not circulated and in perfect and original condition, both in quality and color, is highly rated. But it wasn’t. The 1 cent dollar coin with the head of the Indian, of 1871 “Indian Head Penny” was produced in 3,929,000 copies. .
All Rights Reserved. Let’s discover together these small and precious wonders of metal and if luck assists us we could have beautiful and “profitable” surprises.
They are called “Penny” coins, which are nothing more than 1 cent dollar coins, with the same face value as the 1 cent euro coins.
There are some that have really incredible values and quotations if you think that they are only small coins with the smallest possible denomination.
1856 Flying Eagle penny, $12,850 – Only 2,000 examples of the Flying Eagle cents were ever made.
Another Indian-headed penny that’s highly sought-after. The 1 cent dollar coin of 1918 “Wheat Penny” was produced in 47,830,000 copies. Value: $172,500 (Heritage Auction 2004) – 155.000€ Grade: PCGS MS-66.
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.
The Indian-headed penny was minted from 1859 and from 1864 an “L” was added on the straight side.
It is 1 cent of dollar with Lincoln of 1914, coined in over 4 million copies but still in excellent condition. The 1969-S (San Francisco Mint) is no exception, and it’s not only one of the most expensive small cents, but also the priciest among the Lincoln Memorial series.