Penny collecting has captivated coin enthusiasts for generations. While most pennies are only worth their face value, there are rare types that can fetch hundreds or even thousands of dollars. Here’s a look at 10 sought-after penny varieties that could make any collector’s day.
1943 Bronze Penny
One of the most famous and valuable pennies is the 1943 bronze penny. During World War II, copper was reserved for the war effort, leading to the production of steel pennies. However, a small number of bronze pennies were accidentally minted that year, making them incredibly rare. These coins can be worth anywhere from thousands to even hundreds of thousands of dollars due to their scarcity.
1955 Double Die Penny
The 1955 double die penny is renowned among collectors for its striking error. This coin was made with a double die error, where the design was imprinted twice, resulting in a visible, slightly blurry effect. The doubling can be seen with the naked eye, making this coin highly desirable. A well-preserved 1955 double die penny can be worth hundreds of dollars.
1909-S VDB Penny
The 1909-S VDB penny, minted in San Francisco, is a prized piece for its unique history. The initials “VDB,” standing for designer Victor David Brenner, appear on the reverse side of the coin. This detail, coupled with a limited mintage, makes the 1909-S VDB penny highly valuable. Collectors often pay hundreds, and in some cases, thousands for this rare penny.
1943 Copper Penny
Much like the bronze version, the 1943 copper penny is a highly sought-after rarity. Although most 1943 pennies were made of steel, a few copper ones were mistakenly minted. These are exceptionally valuable, with auction prices reaching the hundreds of thousands of dollars for coins in excellent condition.
1992 Close AM Penny
The 1992 close AM penny is known for an intriguing minting anomaly. This rare penny shows a close spacing between the “A” and “M” in “AMERICA” on its reverse side. The U.S. Mint corrected this error quickly, making these coins valuable collector items. A well-preserved 1992 close AM penny can be worth hundreds of dollars.
1972 Double Die Penny
Similar to the 1955 version, the 1972 double die penny displays a double die error that results in a slightly blurred design on the obverse side. The doubling can be identified without magnification, making it a standout in any collection. Collectors often pay hundreds for this rare find.
2004-D Wisconsin Extra Leaf Penny
A more recent addition to the rare penny lineup is the 2004-D Wisconsin extra leaf penny. This coin features an unusual extra leaf on the ear of corn depicted on the reverse. The variation was the result of a die error and is valuable due to its distinct and recognizable feature. Collectors may pay hundreds of dollars for a well-preserved example.
1983 Double Die Penny
The 1983 double die penny is another collectible due to its double die error on the obverse side. This slight design distortion makes it a valuable addition for penny enthusiasts. An example in good condition can be worth several hundred dollars.
1958 Double Die Penny
The 1958 double die penny is a significant coin for collectors. Like the 1955 and 1972 varieties, this penny features a double die error that is evident on its obverse. Its rarity and demand among numismatists push its value into the hundreds or even thousands of dollars.
1914-D Lincoln Penny
Rounding out the list is the 1914-D Lincoln penny, minted in Denver. Known for its low mintage and historical appeal, this penny is highly sought after in the numismatic community. A 1914-D Lincoln penny in excellent condition can be worth hundreds, making it a favorite for collectors looking to complete their collection of Lincoln cents.
These 10 penny varieties are proof that even small change can hold significant value. Whether through unique mint errors or historical significance, these coins offer collectors a chance at hidden treasure.
FAQs
What makes the 1943 bronze penny valuable?
Its rarity from being mistakenly minted during WWII makes it valuable.
How can I identify a 1955 double die penny?
Look for a noticeable doubling effect on the design.
Why is the 1909-S VDB penny sought after?
Due to its low mintage and designer’s initials, ‘VDB’.
What is unique about the 1992 close AM penny?
The ‘A’ and ‘M’ in ‘AMERICA’ are closer together than usual.
How valuable is a 1914-D Lincoln penny?
It can be worth hundreds due to its low mintage and rarity.
