Penny collecting has been a beloved hobby for generations. While most pennies are worth just one cent, there are rare varieties that could be worth hundreds or even thousands of dollars to dedicated collectors. Let’s look into 10 rare pennies that enthusiasts are always on the lookout for.
Bronze
The 1943 Bronze Penny is perhaps the most famous of rare pennies. During World War II, copper was in high demand for the war effort, so the U.S. Mint switched to steel pennies. However, a few bronze pennies were mistakenly struck that year, making them incredibly valuable. A 1943 bronze penny can fetch hundreds of thousands of dollars at auction.
Double Die
The 1955 Double Die Penny is another highly sought-after coin. This penny was struck with a double die error, meaning the design was imprinted twice, creating a doubled and blurry effect. The error is noticeable to the naked eye, and a 1955 double die penny can be worth hundreds of dollars.
VDB
The 1909-S VDB Penny, minted in San Francisco, is a rare coin that carries the initials “VDB” for Victor David Brenner, the coin’s designer. With a low mintage and historical significance, this penny is a must-have for collectors. It can be worth hundreds of dollars due to its scarcity.
Copper
Similar to the 1943 Bronze Penny, the 1943 Copper Penny is another rare World War II error. Most 1943 pennies were made of steel, but a few copper coins were accidentally produced. These pennies are extremely valuable, with some selling for over $100,000.
Close AM
The 1992 Close AM Penny features a rare design error where the letters “A” and “M” in “AMERICA” on the reverse side are unusually close together. This mistake was corrected quickly, making the 1992 Close AM Penny a valuable find. Collectors value this error coin at hundreds of dollars.
Double Die
The 1972 Double Die Penny, like the 1955 version, features a double die error. The doubling effect makes the design appear blurry, adding to its uniqueness. A 1972 Double Die Penny can easily be worth hundreds of dollars.
Extra Leaf
The 2004-D Wisconsin Extra Leaf Penny is a more recent rarity. This penny features an extra leaf on the ear of corn on the reverse side, caused by a die error. These pennies are prized by collectors and can be worth hundreds of dollars.
Double Die
The 1983 Double Die Penny is another rare error coin. The double die effect on the obverse side of the coin causes slight blurring in the design. For collectors, this error makes the 1983 Double Die Penny a valuable addition, worth hundreds of dollars.
Double Die
The 1958 Double Die Penny is a rare variety with a double die error on the obverse side. Like other double die coins, the blurry effect makes this penny stand out. With only a few known examples, a 1958 Double Die Penny can also be worth hundreds of dollars.
Lincoln
The 1914-D Lincoln Penny is one of the most coveted pennies among collectors. Minted in Denver, its low production numbers and historical significance drive its value. A 1914-D Lincoln Penny can be worth hundreds or even thousands of dollars, depending on its condition.
| Coin Name | Year | Notable Feature | Value ($) |
|---|---|---|---|
| 1943 Bronze Penny | 1943 | Bronze during WWII steel minting | 100,000+ |
| 1955 Double Die Penny | 1955 | Double die error | Hundreds |
| 1909-S VDB Penny | 1909 | Low mintage, VDB initials | Hundreds |
| 1943 Copper Penny | 1943 | Copper error during steel minting | 100,000+ |
| 1992 Close AM Penny | 1992 | Close “A” and “M” in “AMERICA” | Hundreds |
| 1972 Double Die Penny | 1972 | Double die error | Hundreds |
| 2004-D Wisconsin Extra Leaf | 2004 | Extra leaf on reverse | Hundreds |
| 1983 Double Die Penny | 1983 | Double die error | Hundreds |
| 1958 Double Die Penny | 1958 | Double die error | Hundreds |
| 1914-D Lincoln Penny | 1914 | Low mintage | Hundreds to thousands |
For coin collectors, discovering one of these 10 rare penny varieties is like hitting the jackpot. From the famous 1943 Bronze Penny to the 2004-D Wisconsin Extra Leaf Penny, these coins are highly sought after due to their rarity, historical value, and unique errors. Finding any one of these pennies could turn a humble one-cent piece into a valuable collectible worth hundreds or even thousands of dollars.
FAQs
Why is the 1943 Bronze Penny valuable?
It was mistakenly minted in bronze during WWII when most pennies were steel.
How much is the 1955 Double Die Penny worth?
It can be worth hundreds of dollars, depending on condition.
What makes the 1909-S VDB Penny special?
It has low mintage and features the designer’s initials, making it rare.
What is the value of the 1943 Copper Penny?
It can be worth over $100,000 due to its rarity and error.
How do I identify a 1992 Close AM Penny?
Look for closely spaced “A” and “M” in the word “AMERICA” on the reverse.
