Many people have jars or collections of pennies lying around, but did you know some of these coins could be worth a fortune? While most pennies are only worth their face value of one cent, a few rare varieties are highly sought after by collectors. Here are 10 rare pennies that could make you rich if you happen to find them.
Bronze Penny (1943)
The 1943 Bronze Penny is one of the most legendary coins in U.S. history. During World War II, copper was needed for the war effort, so the U.S. Mint switched to using steel to produce pennies. However, a small number of pennies were mistakenly struck on bronze planchets. These rare bronze pennies can fetch hundreds of thousands of dollars at auctions, making them a dream find for collectors.
Double Die Penny (1955)
The 1955 Double Die Penny is famous for its striking error. A “double die” occurs when the design is accidentally impressed twice, leading to a slightly fuzzy or doubled image. This error is visible to the naked eye, particularly on the date and lettering, making it a highly prized coin. Some 1955 Double Die Pennies have sold for thousands of dollars.
1909-S VDB Penny
The 1909-S VDB Penny is a rare gem from San Francisco. Its distinctiveness lies in the tiny initials “VDB” on the reverse, honoring the designer, Victor David Brenner. Only a limited number were minted, making this coin incredibly valuable to collectors. High-grade versions of this penny can sell for tens of thousands of dollars.
Copper Penny (1943)
While most 1943 pennies were made of steel, a few were mistakenly struck in copper. These 1943 Copper Pennies are among the rarest and most valuable coins, often selling for hundreds of thousands. If you stumble across one, you’re looking at a life-changing discovery.
Close AM Penny (1992)
The 1992 Close AM Penny is a modern rarity caused by a minor design flaw. On these coins, the “A” and “M” in “AMERICA” on the reverse are closer together than intended. This mistake was corrected quickly, making the Close AM pennies a coveted collector’s item. These coins can fetch thousands of dollars depending on their condition.
Double Die Penny (1972)
Another valuable double die error appears on the 1972 Penny. Similar to the 1955 version, this coin has a doubled image visible in the date and lettering. Collectors eagerly seek this coin, with well-preserved examples selling for thousands at auction.
Extra Leaf Penny (2004-D Wisconsin)
The 2004-D Wisconsin Penny has a unique die error that resulted in an extra leaf appearing on the corn stalk on the reverse side. This rare variety is known as the “Extra Leaf Penny,” and it’s highly sought after by collectors. Depending on its condition, this penny can be worth hundreds or even thousands of dollars.
Double Die Penny (1983)
The 1983 Double Die Penny is another example of a striking error. This coin features a doubled design on its obverse, particularly in the lettering and date. Like other double die coins, it is highly valuable and can fetch thousands of dollars in mint condition.
Double Die Penny (1958)
The 1958 Double Die Penny is an exceptionally rare coin with a doubling error on the front. Only a small number were ever observed, making it one of the rarest pennies in the double die series. These coins are extremely valuable, often selling for tens of thousands of dollars.
Lincoln Penny (1914-D)
The 1914-D Lincoln Penny, struck in Denver, is rare due to its low mintage. Collectors value this coin for its historical significance and scarcity. A well-preserved 1914-D Penny can easily sell for thousands of dollars, making it a desirable addition to any collection.
If you have a collection of old pennies, it’s worth taking a closer look. These 10 rare types could be hiding in plain sight, waiting to be observed. Whether it’s a bronze penny from 1943 or a double die error from 1955, any one of these coins could be your ticket to a small fortune. Happy hunting!
FAQs
What is special about the 1943 Bronze Penny?
It was mistakenly made during WWII and is worth thousands.
How do I spot a double die penny?
Look for blurry or doubled designs, especially on dates or letters.
Why is the 1909-S VDB Penny valuable?
It’s rare due to low mintage and features designer Victor Brenner’s initials.
What is the value of a 1943 Copper Penny?
Some have sold for hundreds of thousands of dollars.
Are Close AM pennies worth collecting?
Yes, their rarity can make them worth thousands of dollars.
