10 Rare Penny Types That Are Worth Hundreds A Coin Collector’s Dream

10 Rare Penny Types That Are Worth Hundreds A Coin Collector's Dream

For ages, coin collecting has been a well-liked pastime, with collectors searching for precious and uncommon coins to add to their collections. Some unusual types of pennies can sell for hundreds or even thousands of dollars, while the majority are worth one cent.

These uncommon pennies frequently have unique characteristics, limited mintage, or minting faults. If you’re fortunate enough to uncover one of these valuable pennies, you may be sitting on a little fortune.

1. The Bronze Penny of 1943

One of the most well-known and precious pennies in American history is the 1943 Bronze Penny. The U.S. Mint shifted to steel during World War II to save copper for the war effort. Nevertheless, some bronze blanks inadvertently entered the minting process.

These uncommon pennies struck on bronze rather than steel, are precious. Depending on their condition, the value of these pennies can range from $100,000 to $250,000.

2. The Double Die Penny of 1955

The 1955 Double Die cent is another highly sought-after cent. This coin is famous because of a notable minting fault known as “double die,” in which the design is struck twice, causing the lettering and numerals to double noticeably.

The word “LIBERTY” and the year “1955” exhibit the most obvious doubling effect. This coin is highly prized by collectors because of its distinctive look, and depending on its condition, it may fetch anywhere from $1,000 to over $25,000.

3. The 1909-S VDB Penny

One of the most significant coins in American numismatics is the 1909-S VDB Penny. With the initials “VDB” on the back, which stands for the designer, Victor David Brenner, it was the first penny of the Lincoln series.

With a restricted production of just 484,000, the coin was struck in San Francisco and is extremely rare. The value of a well-preserved 1909-S VDB penny can range from $700 to $2,000, while coins in mint condition can command far more incredible rates.

4. The 1943 Copper Penny

Another uncommon World War II mistake coin is the 1943 Copper Penny. A few pennies were inadvertently struck on copper blanks that year, but the majority were made in steel by the U.S. Mint.

These 1943 Copper Penny Coins are incredibly expensive and, depending on their condition, can fetch up to $200,000 or more. Due to their rarity, coin collectors seek them out.

5. Close AM Penny, 1992

The 1992 Close AM Penny is a contemporary uncommon coin with a distinctive mistake on the back. In particular, the “A” and “M” in “AMERICA” are remarkably near to one another.

Although this mistake was promptly fixed, a small quantity of these incorrectly printed pennies were still in use. In good condition, 1992 Close AM Pennies may fetch up to $25,000 because of their limited supply.

6. Double Die Penny, 1972

The 1972 Double Die Penny is similar to the 1955 Double Die Penny, including a prominent double on the coin’s obverse (front) side. The inaccuracy is most noticeable in the term “LIBERTY” and the date.

Depending on their quality and condition, coins containing this defect can be worth anywhere from $300 to over $1,000, making them extremely valuable collectibles.

7. Extra Leaf Penny, 2004-D

The 2004-D additional leaf penny’s distinctive minting blunder an extra leaf on the corn stalk design on the reverse side has made it renowned. The coin gets its name from this additional leaf, making it an uncommon discovery.

The most precious of these pennies are in superb shape, and their worth can vary from $300 to $3,000, depending on how severe the inaccuracy is.

8. Double Die Penny, 1983

One of the hallmarks of minting errors is the doubling fault on the obverse of the 1983 Double Die Penny.

Collectors value coins with this defect, which can range from several hundred dollars to several hundred dollars, depending on their condition. The finest 1983 Double Die Penny examples at auction may get over $1,000.

9. The Double Die Penny of 1958

One of the rarest and most precious double-die pennies is the 1958 one. There are very few known instances, and because of their great rarity, they can fetch tens of thousands of dollars.

A perfect 1958 Double Die Penny can easily fetch $100,000 or more at auction.

10. D Lincoln Penny, 1914

Because of its limited production, the 1914-D Lincoln Penny is another important date coin for collectors. It is a rare find because just 1.2 million of these pennies were made in Denver.

Depending on its condition, a 1914-D Lincoln Penny’s value can range from $150 to more than $5,000.

    Table: Most Valuable Pennies and Their Estimated Values

    CoinMint YearMinting ErrorEstimated ValueSpecial Features
    1943 Bronze Penny1943Bronze strike (error)$100,000 to $250,000Rare error coin
    1955 Double Die Penny1955Double die (error)$1,000 to $25,000Double design
    1909-S VDB Penny1909First Lincoln penny$700 to $2,000VDB initials on reverse
    1992 Close AM Penny1992Design error (Close AM)Up to $25,000AM letters close together
    2004-D Extra Leaf Penny2004Extra leaf (error)$300 to $3,000Extra corn leaf design

    Conclusion

    There are many intriguing tales and undiscovered gems in rare pennies. Due to low mintage or minting faults, many pennies that appear commonplace at first look may be quite valuable.

    These uncommon pennies could be worth far more than you ever thought, so it’s worth getting them evaluated if you find any. Coin collecting is still an exciting pastime with the possibility of amazing discoveries; you never know what treasure could be concealed in your spare change.

    FAQs

    What is the value of a 1943 bronze penny?
    A 1943 bronze cent might be valued between $100,000 and $250,000, depending on its condition.

    What makes the 1955 double-die penny worth so much?
    The 1955 double die penny’s distinctive flaw the coin’s design was struck twice, doubling the letters and numbers makes it desirable.

    What is the 1909-S VDB penny’s rarity?
    Due to its extreme rarity just 484,000 were produced the 1909-S VDB cent is highly prized by collectors.

    What is the value of the 1992 Close AM penny?
    A rare find valued at up to $25,000, the 1992 Close AM cent has a design flaw: the “A” and “M” in “AMERICA” are too near one another.

    How much is the 1958 double-die dime worth?
    The 1958 double die penny is incredibly uncommon and, if it is in perfect condition, may fetch over $100,000.

    READ MORE: Did You Unknowingly Spend $50,000 During the Bicentennial Quarter?

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