What makes a penny rare?

Accidents can produce the rarest coins. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. It is estimated that fewer than 20 were released by each of the Philadelphia and San Francisco mints.

What makes a penny valuable?

Watch for low mintage years like 1955-S, 1939-D, 1933-D, and 1931-S. Depending on condition, rarer pennies are worth more. Look for all-copper pennies. Old pennies made before 1982 are 95% copper, which gives them an inherent metal value.

How do you know if a penny is valuable?

Although many factors determine the exact value of a coin, you can quickly determine the value of your penny by knowing its type, date, mintmark, and grade. Additionally, the value of a particular coin can vary between markets and coin dealers.

What is the rarest penny?

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

What penny is worth $1000000?

A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Texas Rangers co-chairman Bob R.

10 SUPER RARE PENNIES WORTH MONEY - LINCOLN PENNY COINS TO LOOK FOR!!

What is the oldest penny?

What is this? The oldest penny in the world is the Birch Cent of 1792.

Why is a 1958 D penny rare?

One of the biggest and rarest errors for Wheat Pennies is the 1958 Doubled Die Error. Only three examples are known to exist, with only two being officially graded by PCGS, a third party grader. Doubling can be seen very clearly on the obverse of the coin.

Are S mint pennies rare?

These Denver pennies without a mintmark are rare and became a popular error coin. San Francisco mint ("S" mintmark) pennies in comparison to Philadelphia pennies were minted in fewer quantities. Most years multimillion where struck and generally none were considered rare, post the 1909 issues.

What pennies are collectors looking for?

How much is 80000 pennies worth?

$800 dollars.

What years to look for in pennies?

How much is a 2021 penny worth?

Most 2021 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 2021 penny with no mint mark and the 2021 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

How much is the 1972 penny worth?

The 1972 penny with no mint mark and the 1972 D penny are each worth around $1 in uncirculated condition with an MS 65 grade. The 1972 S penny is worth around $1 in uncirculated condition with an MS 65 grade. Proof coins with the S mint mark are available and they are each valued at around $1 in PR 65 condition.

How much is a 1982 penny worth?

Most 1982 pennies in circulated condition are only worth either their face value of $0.01 or their weight in copper if they are of the copper variety. These coins can only sell for a premium in uncirculated condition.

Are 1983 pennies worth anything?

Most 1983 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 1983 penny with no mint mark and the 1983 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

What 1970s pennies are worth money?

Most 1970 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition. The 1970 penny with no mint mark is worth around $1 in uncirculated condition with an MS 65 grade.

What is the rarest mint mark?

What does the O mint mark stand for?

The 8 mint marks used to distinguish coins not minted in Philadelphia (in the chronological order of their first coinage) are: D for the Dahlonega Mint (production of coins started on February 12, 1838), C for the Charlotte Mint (March 27, 1838), O for the New Orleans Mint (May 8, 1838), S for the San Francisco Mint ( ...

Why is the 1941 penny worth so much?

The most valuable variety of the 1941 wheat penny by far is one in which the obverse face has been struck twice, an error known as a doubled die. Depending on the color (red being worth the most), lower grades of this coin can be worth over $80, and this increases dramatically in higher grades.

Why is 1944 wheat 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.

Are all 1944 wheat pennies valuable?

How Much Is My 1944 Penny Worth? If it's a normal 1944, 1944-D, or 1944-S cent, it isn't worth much. They are some of the most common of common-date Wheat cents. Prices range from around 20 cents in circulated condition, to 35 cents in uncirculated.

What is a 1945 wheat penny worth?

Valuing the 1945 Wheat Penny

What is this? Roughly, this coins value, in average condition, can be estimated to be valued at about $0.15, while a 1945 Wheat Penny in certified mint state (MS+) condition might auction for as much as $3*.