Question: What Makes A Penny Rare And Valuable?

What year penny is worth a lot of money?

1943While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more.

One report suggested that, depending on the condition of it, the 1943 copper penny can be worth anywhere from $60,000 to $85,000..

How much is a 1963 P penny worth?

CoinTrackers.com has estimated the 1963 Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $15. (see details)…

What do you look for in rare coins?

Examine the Coin’s Obverse Inscriptions Die abrasion, polishing, or greasy dirt collecting on the die face can cause letters to fail to strike accurately upon the coin. Turn the coin around and look at it from different angles. Check carefully for missing letters, doubling, and other oddities in the inscriptions.

What is the rarest penny and how much is it worth?

Small Pieces of Copper Worth Huge Amounts of Money Some little pieces of copper can be worth some very large dollar amounts. For the world’s rarest and most coveted pennies in the world, values are well over $100,000 and approaching $2 million. Rarity is a significant factor in determining a penny’s value.

What coins to look for that are worth money?

Check out these eight coins that are worth a lot more than their intended value.2004 Wisconsin state quarter with extra leaf. … 2. 1995 double die penny. … 1942-1945 silver nickel. … 1943 steel penny. … Ben Franklin half-dollar. … 1932-1964 silver quarter. … ‘In God We Rust’ 2005 Kansas state quarter.More items…•

What is the rarest wheat penny?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

What makes a coin rare?

Rarity is one of the most important factors in establishing the value of a coin. Generally speaking, a scarce or rare coin will sell for considerably more than a more common coin. Take for example the 1948 silver dollar of which just 18,780 pieces were struck at the mint.

What year of Dimes are worth saving?

Most Roosevelt dimes from the 1946–1964 period are very common. Thus they are worth only their precious metal value if worn. In general, well-circulated Roosevelt dimes made before 1965 are worth between $1.25 and $2. Lightly worn examples of scarcer issues are worth significantly more.

What Penny is worth millions?

A man’s rare penny he kept for decades could be worth over $1 million. A penny is only worth a cent, but not one found in Massachusetts in 1947. Fewer than 20 of the rare 1943 Lincoln pennies were ever made– and that was due to an error.

What penny is worth $50000?

Lincoln Memorial Pennies Valued From 1 Cent To $50,000 And Up.

Why is the 1944 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 are the top 10 rarest coins?

Top 10 Rare U.S. Coins1933 Saint-Gaudens Double Eagle. … 1804 Draped Bust Dollar. … 1861 Confederate States Half-Dollar. … 1974 Aluminum Penny. … 1913 Liberty Head Nickel. … 1776 Silver Continental Dollar. … 1943 Copper Penny.

Is a 1950 penny rare?

CoinTrackers.com has estimated the 1950 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $13.