What penny is worth $1 million?

Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent

Lincoln Wheat cent

Noun. steelie (plural steelies) (US) A zinc-coated steel version of the one-cent coin, produced during World War II because of copper shortages.

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steelie - Wiktionary

on a bronze planchet. All 1943 Lincoln cents were supposed to be made of steel planchets coated with zinc.

Why is the 1943 penny 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.

Is a 1943 copper penny worth $1000000?

The all-time record price for a 1943 bronze cent is $1.7 million. This price was paid for the only known example of a 1943-D copper penny graded MS64BN by Professional Coin Grading Service.

How much is a 1943 copper penny worth today?

The Rare 1943 Penny

If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong planchet metal when striking the coin. But very, very few of these left the U.S.

Which penny is most valuable?

A penny from 1909 was the star of the show. It is, in fact, considered one of the rarest and most highly valued pennies in existence, made to celebrate the centennial of Abraham Lincoln's birth and inscribed with the initials of its designer, Victor D. Brenner. It sold for $365,000.

One Hundred Million Dollar Penny

Why is a 1982 penny worth $10000?

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 penny can make you rich?

1943 Bronze Lincoln Penny

Worth well over a million dollars, this extremely rare find is the result of an error made during WWII. In 1943, to save copper for the war effort, the U.S. Mint began making pennies out of zinc instead of bronze.

What is a wheat penny worth?

President Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth. Any wheat penny is worth at least four cents to most dealers.

How much is a 1944 wheat penny worth?

In general, a 1944 Wheat Penny in good condition is worth about $0.15, far more than its face value, but one in mint condition can be worth up to $2.00 or more depending on how fine the condition is. The value of a 1944 Wheat Penny also depends on how many of the coins were minted.

What are the 15 most valuable pennies?

What is the rarest copper 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 is the rarest old penny?

If you have heard of only one rare coin, there is a good chance that it is the 1933 penny. For some reason this coin, more than any other, has lodged itself in the public consciousness.

How much is a 1944 steel penny worth today?

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.

What coins are worth a lot of money?

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.

What years of pennies are worth money?

What is the rarest 1943 penny?

While the 1943 wheat penny error is extremely valuable, it is important to note that it is also very rare. Among these errors are several versions—the bronze planchet 1943-D, the 1943-S, and the 1943 Philadelphia, un-minted version. The 1943-D bronze planchet is the most valuable, as only one known copy exists.

Which steel penny is valuable?

The 1943 “S” Silver Dollar

Any 1943 “S” steel penny in its best grade will give you the highest profit among the three types. The San Francisco mint made them in the lowest numbers. As for their value, these coins go for around 0.75 USD in their fine grade. You can sell them for at least 0.23 USD in the lowest state.

How much is a 1946 wheat penny worth?

1946 San Francisco Mint Wheat Penny Value

These coins range in value from 15 cents to $6 on average. More than 198,000,000 wheat pennies were produced in San Francisco in 1946, making them the most rare mint of the year. However, a 1946 wheat penny with an S over the D mint mark can bring more than $250 at auction.

Can a penny be worth 1000 dollars?

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.

Is there a lucky penny?

Some believe that any found penny will bring good luck, while others believe that only a penny lying face-up should be picked up. The latter thought stems from an ancient belief that there is a battle between good and evil.

How much money will I have if I double a penny everyday?

If you took a single penny and doubled it everyday, by day 30, you would have $5,368,709.12. However, it's important to note that it's all about the power of doubling - if you asked the same question, but changed the doubling time to just 27 days, you would only have $671,088.64.