Quick Answer: What Is The Most Expensive Penny?

How much is a 1942 penny worth?

CoinTrackers.com has estimated the 1942 Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $3..

What year is a penny worth 1 million dollars?

1943A Massachusetts man’s rare 1943 Lincoln penny could be worth over a million dollars. The 1943 penny was minted in steel due to Copper being a valuable material for the war effort.

How can you tell if a penny is double die?

Many people mistake double struck coins for doubled die coins. The key difference is that double struck coins are struck more than once while the coin is in the coining chamber of the coining press. When this happens, the first impression is flattened, or sometimes obliterated by the second strike.

Is a 1942 penny rare?

Having said that, collectors are really only interested in older versions of the coin, like the 1942 Lincoln. These pennies are collectible not only because of their age and historical significance, but because they are rare and growing rarer by the day.

Is a 1951 penny worth anything?

CoinTrackers.com has estimated the 1951 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $18.

Why is the 1944 penny rare?

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

How much is a 1943 penny worth today?

Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.

What is the rarest penny?

1943-D Lincoln Bronze Cent But the rarest of all is this single known example from the Denver mint. It is the most valuable penny in the world.

Why is a 1943 penny so valuable?

Eventually, they decided to use steel to make the pennies in 1943. … About 40 copper pennies were struck in 1943. One possible reason for this is because the copper plates were accidentally left in a few machines. While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more.

How many 1943 copper pennies have been found?

Approximately 40 1943 copper–alloy cents are known to remain in existence.

How can you tell if a coin is rare?

Look for Errors Look for die cracks and missing elements. Pay special attention to the words and edges of images. Look for strike mistakes such as doubling, cracks or missing sections. Tilting the coin in the light may pick up errors you don’t see head-on.

What pennies are worth keeping?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

What Penny is worth millions?

1943 Bronze Lincoln “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.

How much is a 1999 close Am penny worth?

USA Coin Book Estimated Value of 1999-S Lincoln Memorial Penny (Close AM Variety) (Proof Coin) is Worth $87 or more.

How much is a 2020 d penny worth?

USA Coin Book Estimated Value of 2020-D Lincoln Shield Penny is Worth $0.32 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.

What year of pennies are valuable?

1943The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

What is the most expensive penny ever?

The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny that had been struck on a bronze planchet. The penny was in uncirculated condition. It was sold in a private sale in September of 2010 and it went for an unbelievable price of $1,700,000 through Legend Numismatics.

What is a 1964 penny worth?

CoinTrackers.com has estimated the 1964 Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $12.

What year penny is worth $1000000?

A man’s rare penny he kept for decades could be worth over $1 million. A penny is only worth a cent, but not one found in Massachusetts in 1947. Fewer than 20 of the rare 1943 Lincoln pennies were ever made– and that was due to an error.

What makes a 1943 steel penny rare?

This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. The 1943 copper cents are extremely rare and valuable. Only a couple dozen pieces were made, and each is worth about $100,000.

Is a 1944 penny worth anything?

CoinTrackers.com has estimated the 1944 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $6.