From $10 to $250,000: 6 Pennies You Should Never Overlook in Your Spare Change

In today’s world, many people carry spare change without giving it much thought. Yet, within that change might be some of the rarest pennies that collectors would pay a fortune to own.

For anyone interested in numismatics, keeping an eye out for these elusive coins can turn a modest find into a valuable treasure.

Below, we’ll cover six pennies that have reached remarkable values due to unique characteristics, errors, or historical significance.

1909-S VDB Lincoln Cent

One of the most famous pennies, the 1909-S VDB Lincoln Cent, was the first year of the Lincoln Cent and contains the initials of its designer, Victor David Brenner, on the reverse.

With a limited mintage from the San Francisco Mint, this penny is extremely valuable, often selling for several hundred to thousands of dollars based on its condition.

1943 Copper Penny

During World War II, pennies were made from steel to conserve copper for the war effort. However, a small number of 1943 pennies were mistakenly struck in copper, making them exceptionally rare.

These copper pennies are one of the most sought-after coins in U.S. history, fetching prices that can reach up to $250,000 at auction.

1955 Doubled Die Penny

The 1955 Doubled Die Penny is another treasure for collectors, known for a noticeable doubling effect on the front lettering.

This striking error occurred during the minting process, resulting in a highly valuable coin that can sell for thousands of dollars, even in worn condition. Well-preserved examples command even higher prices.

1969-S Doubled Die Penny

Similar to the 1955 doubled die, the 1969-S penny also features doubled text on its obverse side. Minted in San Francisco, this penny is less common than the 1955 version, which makes it even more desirable to collectors.

High-quality specimens of this coin can bring in thousands, and lower-grade examples still attract significant interest.

1972 Doubled Die Penny

The 1972 Doubled Die Penny features a doubling effect on the words “LIBERTY” and “IN GOD WE TRUST” on the obverse side.

While there were many more of these coins struck than the 1955 or 1969 versions, the 1972 doubled die penny remains highly collectible and valuable, with prices ranging from hundreds to over a thousand dollars based on condition.

1992 Close AM Penny

One of the more modern entries, the 1992 Close AM Penny, is valuable due to a minor but significant detail.

In this penny, the letters “A” and “M” in “AMERICA” on the reverse side appear almost touching, unlike standard versions. This error is especially rare, and in mint condition, these pennies have sold for thousands.

CoinYearKey FeatureValue Range
Lincoln Cent1909-S“VDB” initials on reverse$600 – $3,000+
Copper Penny1943Struck in copper accidentallyUp to $250,000
Doubled Die1955Doubling on front lettering$1,000 – $15,000+
Doubled Die1969-SDoubling on obverse text$10,000+
Doubled Die1972Doubling on “LIBERTY”$100 – $1,200+
Close AM Penny1992“A” and “M” almost touching$2,000+

Whether you’re an experienced collector or just curious about the coins in your pocket, these rare pennies are worth keeping an eye out for. Each has a unique story and significant value that makes it a prized addition to any collection. With patience and a little bit of luck, you might find a hidden treasure right in your change jar.

FAQs

What makes a penny valuable?

A penny’s value is usually tied to its rarity, demand, and any errors or unique features, such as a double die or special mint mark, that set it apart from regular coins.

How can I tell if my 1943 penny is copper?

A simple way to test is by using a magnet. If it sticks, it’s made of steel. If it doesn’t, you may have a rare copper version.

Are pennies with slight wear still valuable?

Yes, even pennies with some wear can still hold considerable value, especially if they are rare coins like the 1909-S VDB or 1955 Doubled Die.

Where can I sell rare pennies?

You can sell rare pennies at auctions, coin shows, or through online marketplaces where collectors are willing to pay for valuable pieces.

Is it worth collecting pennies today?

Yes, collecting pennies can be a rewarding hobby, as certain coins can appreciate significantly over time, offering both historical interest and potential financial gain.

3 Comments

  1. GOOD DAY THERE MAY YOU HELP ME SELL COINS 1969 LIBERTY QUARTER DOLLAR 1930 ONE DOLLAR & OTHERS THANKSS

  2. I have the double d 1955 penny. I also have the 1972 double d penny. But my prize is the 1943 copper penny I came across a couple years back. I have the all they are for sale if anyone is interested contact me on the email.

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