Which old pennies are rare?

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.

Is a 1983 penny worth $7,000?

A $7,000 penny could be hiding in your pocket—here's how to identify it. You may want to think twice before tossing out your loose change — one of your pennies could be worth $7,000. That's if you have a 1983 Lincoln penny, says Blake Alma, whose “CoinHub” TikTok account has over 850,000 followers.

What year penny is worth $1000000?

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.

Do You Have a Rare 1946 Penny?

What is the Holy Grail penny?

This holy grail penny is a copper penny from 1943. That might sound normal to some, but the U.S. didn't make pennies out of copper in 1943. Instead, they were made out of steel coated in zinc. This was due to copper being used for other purposes during World War II.

What are the 15 most valuable pennies?

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.

Why is a 1983 D penny worth so much?

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.

Are 1982 pennies rare?

Not all 1982 pennies are valuable, but some are worth a thousand dollars. So far, the most valuable 1982 penny has been the small date bronze coin. The 1982 small date bronze penny's value as of 2017 was $18,800, making it one of the rarest coins made that year.

Is a 1974 penny worth $2 million?

Eric said the penny in question is worth an estimated $2million. However, despite its high value, the penny is technically illegal to own as it's considered to be government property. Federal authorities haven't been in a hurry to confiscate them, according to Coinworld, but it's important for sellers to know.

What is the rarest wheat penny?

1. 1931-S Wheat Penny. The 1931 S Lincoln Wheat Penny is a key date in the series, with only 866,000 coins minted.

What is the most collectible penny?

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.

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's special about the 1999 penny?

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.

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.

How much is a Cheerios penny worth?

Description. This penny was given away in the year 2000 as part of the new Sacagewea program. Infamously, General Mills ended up giving away 5,500 free dollar coins that are now each worth around $3,000! If you did not get lucky enough for one of the dollars, you would recieve this cent instead.

What is the most valuable 1982 D penny?

What is the 1982 error on pennies?

The most valuable 1982 penny is a transitional error caused by the move from 95% copper to 99.2% zinc composition. It's the 1982-D "small date" Lincoln Memorial cent made from copper. There wasn't supposed to be any "small date" bronze Lincoln cents struck in Denver in 1982.

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 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.

What year copper penny is worth the most?

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.

What years of pennies are worth money?

What makes a 1969 penny valuable?

Remember, the proof coins never circulated. Only some Mint officials and some coin collectors got the pennies. So, expect the 1969 pennies from the San Francisco mint to have a high rarity and price today. Most people find the coin worth keeping because of its high copper value.

What pennies are rare right now?

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.