What year is a penny worth 1 million dollars?

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 the 1943 penny worth?

Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.

Why is a 1943 penny rare?

The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong kind of planchet metal when striking the coin.

What year of pennies are worth money?

Look for all-copper pennies.

Old pennies made before 1982 are 95% copper, which gives them an inherent metal value. This translates to the pennies being worth more.

How much is a 1969 penny worth?

Most 1969 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 1969 penny with no mint mark is worth around $1 in uncirculated condition with an MS 65 grade.

Check Your Wallet. This Penny is Worth Over $1,700,000.

Why is the 1944 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.

What penny is worth $10000?

See What Your 1948 Wheat Penny Is Worth. All about 1948 wheat pennies, including...

What is the oldest penny worth?

The first U.S. penny is 223 years old, and is also worth a lot more than one cent. It sold for nearly $1.2 million Thursday night at an auction in Baltimore.

What are the 15 most valuable pennies?

How much is a 1919 wheat penny worth?

The 1919 wheat penny with no mint mark is worth around $0.25 in good condition. In very fine condition the value is around $1. In extremely fine condition the value is around $3.25. In uncirculated condition the price is around $15 for coins with an MS 60 grade.

Is a 1942 penny rare?

Having said that, collectors are really only interested in older versions of the coin, like the 1942 Lincoln. These pennies are collectible not only because of their age and historical significance, but because they are rare and growing rarer by the day.

What is the rarest wheat penny?

Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268.

What is a 1942 penny worth?

The standard value for the 1942 penny ranges from $0.35 in average condition to $3 in certified mint state.

How much is a 1965 penny worth?

Most 1965 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 1965 penny with no mint mark is worth around $0.20 in uncirculated condition with an MS-63RB grade.

Why is the 1982 penny worth money?

Which 1982 Penny Is Worth The Most? The most valuable 1982 penny is a transitional error caused by the move from 95% copper to 99.2% zinc composition. It's the 1982-D "small date" Lincoln Memorial cent made from copper. There wasn't supposed to be any "small date" bronze Lincoln cents struck in Denver in 1982.

How much is a 1968 penny worth?

Most 1968 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 1968 penny with no mint mark is worth around $0.25 in uncirculated condition with an MS-63RB grade.

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.

How much is a 1956 penny worth?

Value of the 1956 Lincoln penny

One in fine condition could sell for about $0.10. A 1956 penny in extremely fine condition is worth a little more and is typically priced at $0.12. 1956 pennies in certified mint state (MS+) condition can fetch up to $5 at an auction. The value of proof pennies is more than all others.