While pennies may seem like the least exciting part of your loose change, some of them could be worth a small fortune. From minting mistakes to historical rarities, a few lucky coins have transformed everyday people into surprise collectors. If you’ve got a jar of old change, now might be the perfect time to take a second look. Here are 10 rare pennies that could be worth hundreds—or even millions.
1. 1943 Bronze Lincoln Penny
This coin is a legend in the collecting world. During World War II, the U.S. Mint used steel instead of copper to conserve materials. However, a few bronze planchets from 1942 were accidentally used in 1943, resulting in a rare error.
Value: Over $100,000 at auction
Tip: If you think you’ve found one, get it professionally authenticated. These coins are extremely rare.
2. 1955 Double Die Lincoln Penny
One of the most well-known and dramatic error coins, the 1955 double die penny features obvious doubling on the date and lettering. You don’t need magnification to spot the error, which makes it a favorite among collectors.
Value: $500 to $2,000+ depending on condition
Visual Cue: Bold doubling of “LIBERTY” and the date
3. 1909-S VDB Lincoln Penny
This was the first Lincoln cent ever minted—and it came with controversy. Designed by Victor David Brenner, his initials “VDB” on the back were quickly removed after backlash. Only about 484,000 were minted in San Francisco, making this a rare find.
Value: $2,000 to $4,000+
Highlight: Highly sought after due to limited release and historical value
4. 1943 Copper Penny
Don’t confuse this with the bronze version. While most 1943 pennies were steel, a few were mistakenly struck on copper planchets.
Value: Up to $1.7 million
Rarity: Fewer than 20 confirmed examples exist
5. 1992 Close AM Penny
In this error coin, the letters “A” and “M” in “AMERICA” are nearly touching, a significant detail for collectors. This happened due to the wrong reverse die being used.
Value: $250–$1,000 depending on grade
Search Tip: You’ll need a magnifying glass to catch this one
6. 1972 Double Die Penny
Similar to the 1955 error, this version shows doubling in the date and the word “LIBERTY.” It’s more subtle, but still fetches a solid price if in good condition.
Value: $200–$500+
Collectibility: Well-known among error coin hunters
7. Wisconsin State Quarter “Extra Leaf”
Although not a penny, this state quarter is often lumped into the same category due to its quirky appeal. A small die flaw added an extra leaf to the corn husk—either high or low.
Value: $200–$300+
Fun Fact: Discovered by a collector in circulation, proving these treasures still turn up
8. 1983 Double Die Reverse Penny
Don’t overlook the 1980s. The 1983 penny has doubling on the reverse lettering and Lincoln’s portrait. Though not as dramatic as earlier errors, it’s still desirable.
Value: $100–$300
Key Detail: Look closely at “ONE CENT” and “UNITED STATES OF AMERICA”
9. 1958 Double Die Penny
With fewer than three confirmed, this is one of the rarest double die pennies. The doubling is bold and obvious, making it instantly valuable.
Value: $10,000+
Note: Very rare—get expert confirmation if you think you’ve found one
10. 1914-D Lincoln Penny
A low-mintage gem from the Denver Mint, this coin is rare and valuable, especially in higher grades. It’s a foundational piece for any serious Lincoln cent collection.
Value: $1,000+ in fine condition
Historical Significance: A key date in the Lincoln penny series
Comparison Table: Valuable Pennies at a Glance
Penny | Year | Key Feature | Estimated Value |
---|---|---|---|
Bronze Lincoln Penny | 1943 | Wrong planchet | $100,000+ |
Double Die Obverse | 1955 | Obvious doubling | $500–$2,000+ |
Lincoln VDB (S Mint) | 1909 | Limited mintage | $2,000–$4,000+ |
Copper Penny | 1943 | Error copper planchet | Up to $1.7 million |
Close AM | 1992 | Design anomaly | $250–$1,000 |
Double Die Obverse | 1972 | Letter/date doubling | $200–$500 |
Extra Leaf Quarter | 2004 | Minting flaw | $200–$300 |
Double Die Reverse | 1983 | Subtle doubling | $100–$300 |
Double Die Obverse | 1958 | Ultra rare error | $10,000+ |
Lincoln Penny (D Mint) | 1914 | Low mintage | $1,000+ |
So the next time you’re sorting through spare change or emptying an old piggy bank, don’t overlook those pennies. What looks like pocket change could be a hidden gem worth thousands. From historical errors to minting oddities, the world of coin collecting offers both mystery and money.
FAQs
What makes a penny valuable?
Rare mint errors, low production runs, and historical significance can make certain pennies worth big money.
How can I identify a rare penny?
Look for doubling, design anomalies, unusual materials, or specific mint marks and years.
Where should I sell a rare penny?
Use reputable coin dealers, auction houses, or online platforms like Heritage Auctions or eBay (with caution).
Are all old pennies valuable?
No. Only specific years, mint errors, or rare conditions are worth significant money.
How do I get a penny appraised?
Use trusted grading services like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company).