Coins can be more than just pocket change; some pennies are worth a lot of money! While most pennies are worth just one cent, there are a few rare ones that can fetch impressive amounts, sometimes up to $200,000 or more. This article will explore these valuable pennies and how you can identify them in your collection.
Valuable Pennies Worth Up to $200,000
Here’s a look at some of the most valuable pennies you might find:
| Penny Type | Description | Estimated Value | Key Features |
|---|---|---|---|
| 1943 Bronze Lincoln | Made during WWII with leftover bronze planchets instead of steel. Only about 15-20 are known to exist. | $150,000 – $200,000 | Bronze color, not attracted to a magnet. |
| 1969-S Doubled Die Obverse | Features noticeable doubling on “LIBERTY” and “IN GOD WE TRUST” due to a minting error. | Up to $75,000 | Doubling in inscriptions, “S” mint mark below the year. |
| 1992 Close AM Reverse | Has touching “A” and “M” in “AMERICA” on the reverse due to a proof die error. | $2,000 – $20,000 | Touching letters “A” and “M” in “AMERICA.” |
| 1972 Doubled Die Obverse | Displays light doubling in “LIBERTY” and “IN GOD WE TRUST.” | $100 – $500 | Light doubling on inscriptions and date. |
| 1995 Doubled Die Obverse | Notable for doubling in the letter “B” in “LIBERTY” and light doubling on the date. | Up to $45 | Doubling in “LIBERTY,” especially the letter “B.” |
| 1999 Wide AM Reverse | Features a wider space between “A” and “M” in “AMERICA” due to a proof die error. | $45 – $500 | Wider spacing between “A” and “M” in “AMERICA.” |
| 1983 Double Die Reverse | Shows doubling on the reverse side in “ONE CENT” and “E PLURIBUS UNUM.” | $75 – $200 | Doubling on reverse inscriptions. |
How to Cash In on Your Pennies
If you think you’ve found a valuable penny, it’s a good idea to get it evaluated by a professional. Many auction houses offer free evaluations and can help you get your coin certified. This can increase its value and guide you through the selling process.
Conclusion
Finding valuable pennies can be an exciting part of coin collecting. While it’s rare to stumble upon these precious coins, it’s worth checking your old change or coin collections. With a bit of luck and the right knowledge, you might discover a penny worth a significant amount of money.
FAQ’s
How can I tell if my penny is valuable?
To determine if your penny is valuable, look for specific characteristics such as errors or unique features. For example, check if your penny is a 1943 bronze Lincoln, a 1969-S Doubled Die Obverse, or has any noticeable doubling or spacing errors. Consulting a coin expert or using a magnet to test for copper content can also help.
Where can I get my valuable pennies evaluated?
You can get your valuable pennies evaluated by contacting professional coin graders or auction houses. Many offer free evaluations and can help with the certification process. Heritage Auctions and similar organizations are good places to start.
What should I do if I find a rare penny?
If you find a rare penny, it’s best to keep it in good condition and seek professional advice. Have it evaluated and certified to understand its value and potential for sale. Professional appraisers can guide you through the process of selling or preserving your rare coin.