Many people have collected pennies for decades, hoping to find rare and valuable coins hidden in their change. While most pennies are only worth one cent, some rare types can be worth hundreds or even thousands of dollars.
In this article, we’ll look into 10 rare pennies that collectors are eager to find and why they’re so valuable.
Table of Contents
1943 Bronze
One of the most famous and valuable pennies ever made is the 1943 bronze penny. During World War II, the U.S. Mint switched from copper to steel to conserve metal for the war effort. However, a few bronze pennies were mistakenly struck that year, making them incredibly rare.
Why It’s Valuable
- Most 1943 pennies are steel, but the few bronze ones that exist are worth a fortune.
- Depending on condition, these pennies can sell for thousands—or even hundreds of thousands—of dollars.
1955 Double
The 1955 double die penny is another highly sought-after coin among collectors. This penny features a double-stamped image, creating a noticeable blur in the lettering and numbers.
Why It’s Valuable
- The doubling is visible to the naked eye, making it a distinctive error.
- Well-preserved versions of this coin can be worth thousands of dollars.
1909-S VDB
The 1909-S VDB penny is a rare and historic coin from the San Francisco Mint. The initials “VDB,” representing designer Victor David Brenner, appear on the reverse side.
Why It’s Valuable
- Only a small number were minted, increasing demand among collectors.
- Because of its historical significance, it remains one of the most desirable pennies.
1943 Copper
Like the 1943 bronze penny, the 1943 copper penny was a minting mistake. While most 1943 pennies were steel, a few copper ones were accidentally produced.
Why It’s Valuable
- Copper pennies from 1943 are extremely rare.
- Some of these pennies have sold for over $200,000 at auction.
1992 Close AM
The 1992 Close AM penny is a rare variety with a minor design difference. On the reverse, the letters “A” and “M” in “AMERICA” are very close together.
Why It’s Valuable
- The design was quickly corrected, making this error version rare.
- Some Close AM pennies have sold for thousands of dollars.
1972 Double
The 1972 double die penny has the same type of error as the 1955 double die penny. The doubling creates a blurred effect on the coin’s lettering and design.
Why It’s Valuable
- The error is visible without magnification, making it easier to identify.
- Collectors pay high prices for well-preserved examples.
2004-D Extra Leaf
The 2004-D Wisconsin extra leaf penny is a modern error coin that has gained attention from collectors. It features an extra leaf on the corn ear on the reverse side.
Why It’s Valuable
- The extra leaf variation was caused by a die error.
- Some of these coins have sold for hundreds or even thousands of dollars.
1983 Double
The 1983 double die penny features a doubling error on the obverse (front) of the coin. The doubling affects the lettering and design, making the details look slightly blurred.
Why It’s Valuable
- This type of mint error is rare and collectible.
- A well-preserved 1983 double die penny can sell for a significant amount.
1958 Double
The 1958 double die penny is another rare coin with a doubling error. The effect is most noticeable in the lettering on the obverse side.
Why It’s Valuable
- This error is less common than the 1955 or 1972 double die pennies.
- Because of its rarity, it is highly valued by collectors.
1914-D Lincoln
The 1914-D Lincoln penny is an older coin from the Denver Mint. It is considered rare due to its low mintage numbers.
Why It’s Valuable
- Fewer of these pennies were produced compared to other years.
- The historical value and scarcity make it a prized collector’s item.
If you’re a coin collector or just someone who loves searching through spare change, keep an eye out for these rare pennies. They could be worth far more than just one cent!
FAQs
How do I know if I have a rare penny?
Look for mint errors, double die markings, or unusual metal compositions.
Are 1943 pennies valuable?
Steel 1943 pennies are common, but rare bronze or copper versions can be worth thousands.
What makes a penny valuable?
Rarity, minting errors, historical significance, and condition determine value.
Where can I sell a rare penny?
You can sell rare pennies at coin dealers, online auctions, or collector forums.
Should I clean an old penny before selling it?
No, cleaning a rare penny can reduce its value. Leave it as is.
