Every coin collector dreams of finding a rare coin that will make them a small fortune. While most pennies are worth just a penny, some coins have flaws or features that make them worth thousands or even millions of dollars. Let’s take a look at six such amazing pennies that can turn the small change in your pocket into a big fortune.
1943 Copper Lincoln Wheat Penny
The 1943 Copper Lincoln Wheat Penny is a treasure made from a wartime mistake. During World War II, the U.S. Mint began minting steel pennies to save copper for the war effort. However, some copper coins accidentally made it into production. These rare pennies are without any mint mark or with a “D” (Denver) or “S” (San Francisco). These coins can be worth anywhere from $10,000 to over $100,000 if they’re in top condition.
The easiest way to identify them? Do a magnet test. If the 1943 penny doesn’t stick to a magnet, you’ve found copper—which could be a treasure.
- Year: 1943
- Mint Mark: None, D, S
- Material: Copper
- Value: $10,000+
1955 Doubled Die Lincoln Cent
The 1955 Doubled Die Lincoln Cent is famous for its excessive doubling in the front text, particularly in “IN GOD WE TRUST” and “LIBERTY.” The mistake can be clearly seen with the naked eye, making this a rare penny that’s easy to identify.
Circulated versions of this coin typically cost around $1,000, but uncirculated versions can sell for over $10,000. It doesn’t have a mint mark, making it even more attractive to collectors.
- Year: 1955
- Mint Mark: None
- Value: $1,000–$10,000
1983 Doubled Die Reverse Penny
The 1983 Doubled Die Reverse Penny was coined during the shift from copper to zinc. It features special doubling on the reverse side, particularly in “ONE CENT” and “UNITED STATES OF AMERICA.”
This coin can be worth up to $15,000, and its authenticity can be verified by its weight—which is about 2.5 grams. This coin proves that even modern mistakes can hold significant value.
- Year: 1983
- Mint Mark: None
- Value: Up to $15,000
1969-S Doubled Die Lincoln Cent
The 1969-S Doubled Die Lincoln Cent is another mistake coin that fetches high prices. It bears an “S” mint mark and has obvious doubling on the front, especially in “IN GOD WE TRUST” and “LIBERTY.”
High-quality versions of this coin can be worth anywhere from $10,000 to $70,000. Its error and San Francisco mint mark make it a distinctive and valuable coin.
- Year: 1969
- Mint Mark: S
- Type: Doubled Die
- Value: $10,000+
1972 Doubled Die Lincoln Cent
The 1972 Doubled Die Lincoln Cent also exhibits doubling on the front, which is clearly visible in “LIBERTY” and “IN GOD WE TRUST.” While circulating versions tend to be worth a few hundred dollars, versions found in perfect condition can sell for over $10,000.
This coin is a little more common than the other coins, yet its obvious error and collectability make it a tempting find.
- Year: 1972
- Mint Mark: None
- Value: Up to $10,000
1982-D Small Date Copper Penny
The 1982-D Small Date Copper Penny originated as a rare type during the transition from copper to zinc. This coin was accidentally cast on a copper penny, not zinc, making it a rarity.
To identify this coin, look for the Denver Mint Mark (“D”) and check it by weight. The genuine copper coin weighs approximately 3.1 grams, while the lightweight zinc version weighs less. High-quality examples of this coin can sell for over $10,000.
- Year: 1982
- Mint Mark: D
- Material: Copper
- Value: $10,000+
Conclusion
Rare pennies prove that even the smallest coins can hold immense value. From wartime mistakes to modern miscalculations, these coins not only offer an interesting peek into history but also offer significant financial rewards. If you ever find an unusual coin, weigh it, inspect it carefully, and consult a professional—because your pocket change could turn into a major treasure.
FAQs
Q. How can I identify a rare 1943 Copper Lincoln Wheat Penny?
A. Perform a magnet test. If the penny doesn’t stick to a magnet, it’s likely a rare copper penny, as most 1943 pennies were made of steel.
Q. What makes the 1955 Doubled Die Lincoln Cent valuable?
A. The dramatic doubling of the text, especially in “IN GOD WE TRUST” and “LIBERTY,” makes it highly collectible and valuable, especially in uncirculated condition.
Q. How can I verify the authenticity of a 1983 Doubled Die Reverse Penny?
A. Weigh the penny—genuine examples typically weigh around 2.5 grams. Look for visible doubling on the reverse side.
Q. What is the value of a 1969-S Doubled Die Lincoln Cent?
A. High-grade versions of this rare coin can be worth between $10,000 and $70,000 due to its double strike and the “S” mint mark.
Q. How can I tell if I have a 1982-D Small Date Copper Penny?
A. Check for the Denver mint mark (“D”) and weigh the penny. Copper versions weigh 3.1 grams, while zinc versions are lighter.