While pennies may seem insignificant, certain rare and historically significant examples can be worth a small fortune. Whether due to minting errors, unique compositions, or low mintage numbers, these coins are prized by collectors. Here’s a list of seven U.S. pennies you should keep an eye out for.
Table of Contents
1943 Copper Penny
The 1943 penny was supposed to be made from steel to conserve copper for World War II. However, a small number were struck in copper by mistake.
Rarity and Value
- Only 20 known examples exist.
- These pennies can fetch more than $1 million at auction.
1955 Doubled Die Penny
This iconic error coin features visible doubling of the date and lettering, making it one of the most sought-after error pennies.
Rarity and Value
- Easily recognizable due to the prominent doubling.
- Worth between $1,000 and $5,000, depending on condition.
1909-S VDB Penny
This was the first Lincoln cent, and it included the initials of designer Victor David Brenner on the reverse. Due to controversy over the initials, production was halted, resulting in low mintage.
Rarity and Value
- Limited mintage of only 484,000 coins.
- In good condition, these pennies can be worth over $1,000.
1922 No D Penny
This penny was struck in Denver but lacks the “D” mintmark due to a minting error. It’s one of the most notable error coins in U.S. history.
Rarity and Value
- Highly collectible, especially in high grades.
- Values can exceed $10,000, depending on condition.
1944 Steel Penny
After using steel for pennies in 1943, the U.S. Mint returned to copper in 1944. However, a few steel blanks were mistakenly used, making these coins incredibly rare.
Rarity and Value
- A standout anomaly among wartime coins.
- These pennies can sell for tens of thousands of dollars.
1959 Proof Penny
This was the first year the Lincoln Memorial reverse design was used. Proof versions of the coin, particularly in pristine condition, are coveted by collectors.
Rarity and Value
- Proof coins in perfect condition can fetch several hundred dollars.
1969-S Doubled Die Penny
This error coin features doubling on the date and lettering, making it an extremely rare find.
Rarity and Value
- Only a few examples are known to exist.
- Values can reach up to $35,000, depending on grade and condition.
Tips for Identifying
- Examine the Date: Look closely for rare years like 1909, 1943, 1955, and 1969.
- Check Mint Marks: Pay attention to coins with unusual or missing mint marks.
- Search for Errors: Use a magnifying glass to identify doubling, misstrikes, or other anomalies.
- Consider Condition: Coins in better condition are always worth more.
While most pennies are worth only face value, these seven examples prove that some can be worth thousands—or even millions—of dollars. Whether you’re a seasoned collector or just starting out, keeping an eye out for these rare pennies could pay off in a big way.
FAQs
What makes the 1943 copper penny valuable?
It was mistakenly made of copper instead of steel, with only 20 known examples.
How can I identify a doubled die penny?
Look for visible doubling on the date and lettering, especially in pennies like the 1955 or 1969-S.
Why is the 1909-S VDB penny rare?
Low mintage and controversy over the designer’s initials make it highly collectible.
What is a 1944 steel penny worth?
These rare coins can sell for tens of thousands of dollars.
What makes the 1969-S doubled die penny valuable?
It’s an extremely rare error coin with prominent doubling on the date and text.
