Are any old pennies rare?

One of the most valuable "large cents," the 1793 Strawberry Leaf sold at auction for almost $863,000 in 2009. This rare coin is one of only four examples in this style, which was struck the first year the US Mint officially made the penny.

What years of pennies are valuable?

Why is a 1982 penny worth $10000?

So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years.

What year penny is worth $1000000?

1943-S Lincoln Cent Sells for $1 Million.

Is a 1945 penny worth 85000?

The most valuable 1945 penny is the one with the “D” mint mark. This coin is worth about 85,000 dollars. This is because the metal content in the penny is worth more than the face value of the coin. The value of the metal content has increased over time, and the 1945 penny is made of 95% copper.

How Much is Your Old Penny Worth?

What pennies are worth $100000?

The record price for a 1943 Copper Wheat penny is the 2010 sale of the 1943-D for $1,750,000. These coins, however, typically sell at auction in the range of $100,000 to $250,000. This auction price makes these pennies worth the most money.

Why is the 1943 D penny so valuable?

A 1943 wheat penny is valuable for a few reasons. First, minting errors during that year led to some coins being made with a bronze cent planchet instead of the standard brass planchet. Second, the mint also produced a small number of 1943 pennies on zinc-coated steel planchets.

What is the Holy Grail penny?

Source: slgckgc via Flickr (Modified) This holy grail penny is a copper penny from 1943. That might sound normal to some, but the U.S. didn't make pennies out of copper in 1943. Instead, they were made out of steel coated in zinc. This was due to copper being used for other purposes during World War II.

What are the 15 most valuable pennies?

How rare is a 1992 Close AM penny?

According to Professional Coin Grading Services, a whopping 9 billion Lincoln pennies were produced by both the Philadelphia and Denver Mints in 1992. Coinappraiser.com says, “It is approximated that only 10 or so of the 'Close AM' coins exist” — which is what makes them so valuable.

Should I save pennies before 1982?

It turns out all pennies with a date of 1981 or earlier were made from nearly pure copper, which means they are actually worth three times their face value - three cents.

Why is the 1983 penny worth so much?

According to CNBC's Make It, the US made 7.7 billion pennies in 1983, but only about 5,000 are known to have this doubling error — making them valuable to those who find one in their possession.

Why is the 1999 penny worth so much?

It's from 1999 and could be worth $4,500 thanks to a little-known error on it. What you want to look for is a 1999 penny with no mint mark, which means no letter under the year on the heads side.

What are the 5 most valuable pennies?

How many 1943 pennies are left?

The 1943 copper penny is among the rarest coins and has a fascinating history, thus becoming one of the most expensive coins. 1943 copper pennies can value as low as $100,000 up to millions depending on grading conditions. There are around 271,943 Copper Pennies in existence; hence, highly expensive.

Why is 1944 wheat penny rare?

1944 wheat pennies were only made of copper and zinc from 1944 to 1946 due to a supply shortage of tin. Within the tin element in the composition of this metal, these coins were brass, not bronze.

What pennies should I keep?

What are some rare pennies to look for?

What are the rarest old pennies?

If you have heard of only one rare coin, there is a good chance that it is the 1933 penny. For some reason this coin, more than any other, has lodged itself in the public consciousness.

Why is the 1943 penny worth $1000000?

The 1943 penny is worth $1 000 000 because it is not made of steel. In 1943, the US Mint switched from copper to steel to make pennies. However, the mints accidentally made a few pennies with bronze planchets instead of steel planchets coated with zinc. These pennies are now worth a lot of money because they are rare.

Should old copper pennies be cleaned?

This is never advised for the general public. There is no benefit to attempting to clean a collectible coin. Copper never re-tones to its original color and look anyway. Put down the polish before you destroy something historical and throw away a fortune.

What is a magic penny?

When you pick it up you learn that this isn't an ordinary penny, but a magical one. The power of this penny is that it doubles in value each day for a month. In other words, when you wake up the next day, you miraculously have two pennies; on day three, four pennies; on day four eight pennies, and so forth.

What year copper penny is worth the most?

The Most Expensive Penny

The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.

How much is a 1943 steel wheat penny worth?

In reference to the current NGC price guide, a 1943 wheat penny in a circulated condition is valued at $0.05 to $1.25. A mint state-certified steel wheat penny could fetch up to $10 at an auction.

What is the rarest penny worth?

1792 Birch Cent - About $2.6 Million

While the United States didn't officially start minting pennies until 1793, there were a few prototype pennies made prior to that time. One of these is the famous Birch Cent of 1792, named after engraver Robert Birch. This penny is worth the most of all examples ever made.