What year pennies are the most expensive?

What years of pennies are valuable?

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.

Why is 1977 penny worth so much?

The San Francisco mint produced only proof pennies in 1977. Their number was limited to 3,251,152 pieces, making their price high in some cases.

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.

25 Most Valuable Pennies

What year penny is $1 million?

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.

Why is the 1994 penny worth so much?

It is from 1994 and when you flip it over to the tails side and check out the Lincoln Memorial, you'll see what looks like one or more extra columns on the structure. It's because of an error known as doubling, and that mistake makes the penny way more valuable.

Why are 1982 pennies special?

In October 1982, the Denver mint began making the coins with a smaller date. Remember, the Denver mint struck 6,012,979,368 pieces. The number includes both copper and zinc pennies. So, such large numbers made these 1982 pennies have a low market value.

What penny is the rarest penny?

Stack's Bowers sold this 1983 Doubled Die Reverse penny for $2,640 in March 2018. The U.S. made about 7.7 billion pennies in 1983, but only about 5,000 of them are known to have been made with this doubling error, James McCartney, director of numismatics at Stack's Bowers Galleries, tells CNBC Make It.

Is there a rare 1976 penny?

So far, the most valuable 1976 Penny was a 1976 No Mint Mark in MS 68. It could be from West Point (W) or Philadelphia (P) since both mints lacked mint marks that year. Back in 2014, a 1976 MS 68 RD sold for close to $8,000.

What to look for in the 1982 and 1983 pennies?

If your Lincoln Memorial penny has a date before 1982, it is made of 95% copper. If the date is 1983 or later, it is made of 97.5% zinc and plated with a thin copper coating. For pennies dated 1982, when both copper and zinc cents were made, and best way to determine their composition is to weigh them.

What year penny is worth thousands of dollars?

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.

How much is a 1982 zinc penny worth?

Today, you'll find a 1982 penny value with no mint mark for $0.50. The value could be higher if it's in good condition. However, you can also get a 1982 penny for about 1¢ to $4 — this value is for the circulated version. The uncirculated 1982 pennies go for a much higher price.

Why is a 1968 D penny worth so much?

It's easy to get the 1968 pennies because most are circulating. The mints struck them in large numbers, so they have a low value today. The ones that sell for high prices have rare mint errors. It's their rarity that makes them go for a high price.

Are 1965 pennies rare?

1965 Lincoln Penny Value Guides

It was the typical mintage for this coin type. Many are still available, making this coin abundant and inexpensive. Interestingly, this piece contains 95% copper. Since this metal price is worth twice the coin's face value, you can sell it for two cents.

How rare is a 1992 Close AM penny?

The 1992 Close AM examples struck at the Denver Mint are also considered very scarce and there is only about a dozen examples known for this variety.

Which pennies are worth keeping?

What makes the 1983 penny valuable?

According to CNBC's Make It, the US made 7.7 billion pennies in 1983, but only about 5,000 are known to have this doubling error — making them valuable to those who find one in their possession.

What's special about the 2009 penny?

In 2009, the U.S. Mint made four special penny designs to celebrate Abraham Lincoln's 200th birthday. It was also the 100th anniversary of the Lincoln penny, which the Mint first made in 1909. The image of Lincoln remained on the obverse (heads) of all four cents in the new program.

Are pre 1982 pennies worth saving?

It turns out all pennies with a date of 1981 or earlier were made from nearly pure copper, which means they are actually worth three times their face value - three cents.

Which 1982 penny is worth a lot of money?

This 1982 Copper Penny Is Worth $10,000! You Could Find This Rare Penny In Your Pocket Change - Here's What To Look For. Someone found a 1982 copper penny worth more than $10,000 -- and you could too! Here's everything you want to know about the 1982 D penny - and how to find a 1982 small date penny.

Is a 1994 D penny rare?

Over 6.5 billion pennies were struck at the Philadelphia mint facility in 1994. So these are far from rare! In circulated condition, they will generally be worth only their face value unless they have an interesting error.

How much is a 1994 D copper penny worth?

USA Coin Book Estimated Value of 1994-D Lincoln Memorial Penny is Worth $0.33 or more in Uncirculated (MS+) Mint Condition.

What is a 1994 no mint mark penny worth?

The ordinary 1994 Lincoln penny is as valuable as its face value — $0.01. It's kind of low. Even the melt value is lower, which is $0.0070.