Top 10 Most Valuable Rare Wheat Pennies Worth Money (2024)

FAQs

Which wheat pennies are most valuable? ›

Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet. All 1943 Lincoln cents were supposed to be made of steel planchets coated with zinc. However, some bronze planchets left over from 1942 slipped into the production process.

All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the key date Wheat pennies. Be on the lookout for the ultra-rare 1909-S VDB. this coin is most sought after by collectors and is most valuable in any grade.

1943 Bronze Lincoln

Only a handful of these bronze pennies have been discovered, including the one found by Lutes. “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S.

The 1959-D wheat penny is one of the most controversial mule coins ever. It's worth $50,000!

The 1944 wheat penny is worth roughly 15 cents in average condition, always more than its face value. Some examples of 1944 Wheat Penny are also valuable because they contain errors or are in exceptional mint state condition, which are in high demand by collectors.

Over a Million Dollars for a Copper Lincoln Penny – Kovels

A 1943 zinc-coated steel Lincoln penny is worth less than 10 cents today. But a 1943 one-of-a-kind copper alloy Lincoln penny struck at the Denver Mint was recently sold by a New Jersey coin dealer for a record $1.7 million.

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.

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 are the best pennies to keep? ›

1. 1943-D Lincoln Wheat Cent Penny: Copper/Bronze. Of all the 1943 copper pennies, only one Denver-minted copper cent is believed to exist, making it one of the rarest U.S. coins to date.

The coin can sell for around 0.15 USD when in a good state. Expect the value to rise to 0.35 USD in fine grade, 0.48 USD in extremely fine form, and sell at 1.50 USD in the uncirculated grade.

1957-D Lincoln Penny

Abundant on the rarity scale, largely due to its third highest mintage number of the wheat series. 1,051,342,000 struck. A 1957-D penny is part of the second collecting era (1934 to 1958) wheat cent.

The most expensive type is the 1941 wheat penny double die version, which has the obverse face struck twice. Lower grades of this coin can be valued at over $80 depending on the colour (red being the most valuable), and this value rises sharply in higher grades. MS-60 doubled die variations are worth $500.

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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.

If you find a 1909 penny with an S on the front and the letters VDB on the back at the bottom, it could be worth nearly $1,000.

Arguably the most valuable one penny coin is the 1933 George V penny, which is worth an estimated value of £72,000. Although this was originally created as a pattern coin – which means it is not intended for release into circulation – it is believed seven were issued, making them extraordinarily rare.

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.

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.

The 1943 Lincoln Wheat Penny is among the most valuable coins in American coinage. Its value can increase exponentially as a mint error has made it a sought-after collectible for experienced and novice collectors. Determine whether you have a penny worth over a million dollars.

Type: Steel Wheat PennyYear: 1944Mint Mark: No mint markFace Value: 0.01 USDTotal Produced: 0Silver Content: 0% Numismatic Value: $77234 to $110334.00Value: ...

1944 STEEL Wheat Penny Value

According to the NGC Price Guide, as of January 2023, a Wheat Penny from 1944 in circulated condition is worth between $7500 and $33500. However, on the open market 1944 STEEL Pennies in pristine, uncirculated condition sell for as much as $200000.

A million pennies equal $10,000. There are 100 pennies, or cents, in each US dollar. To find out how many dollars you could make with 1 million pennies, divide 1 million (the number of pennies you have) by 100 (the number of pennies in one dollar). One million pennies equals 10,000, or ten thousand, dollars.

How much is a 1944 Wheat Penny worth? This section is more of a layman's guide, for those new to collecting. In Average Circulated (AC) condition it's worth around 15 cents, one in certified mint state (MS+) condition could bring as much as $6 at auction.

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.

How much is a 1944 Wheat Penny worth? This section is more of a layman's guide, for those new to collecting. In Average Circulated (AC) condition it's worth around 15 cents, one in certified mint state (MS+) condition could bring as much as $6 at auction.