Coin collecting isn’t just a hobby for history buffs or numismatists—it’s a treasure hunt that can lead to some surprising finds right in your pocket change. Among the coins that circulate today, certain pennies stand out for their rarity and value. Here are seven of the most valuable pennies you might come across.
1943 Bronze Lincoln
The 1943 Bronze Lincoln penny is the holy grail of modern coin collecting. During World War II, the U.S. Mint switched from copper to zinc-coated steel to conserve copper for the war effort. However, a few bronze planchets from 1942 got stuck in the coin presses and were accidentally struck with the 1943 design. These pennies are incredibly rare, with only about a dozen known to exist. If you find one, it could be worth around $100,000 or more, depending on its condition.
1969-S Doubled Die Obverse
The 1969-S Doubled Die Obverse penny is famous for its striking doubling effect on the inscriptions “LIBERTY” and “IN GOD WE TRUST,” as well as the date. This mint error is a result of a misalignment during the minting process. With fewer than 1,000 believed to be in existence, a high-quality specimen can fetch up to $75,000. Look closely at the “S” mint mark and the prominent doubling to identify this rare penny.
1992 Close AM Reverse
The 1992 Close AM Reverse penny is a product of a die error that caused the letters “A” and “M” in “AMERICA” to appear closer together than usual. This mistake occurred during a transition period at the Mint. While more common than some other error coins, it’s still quite rare. A well-preserved Close AM penny can be valued at up to $25,000. Check the spacing on the reverse to see if you have this rare find.
1972 Doubled Die Obverse
The 1972 Doubled Die Obverse penny is another valuable error coin. The doubling is evident in the inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the date. With an estimated 250,000 coins released with this error, it’s relatively easier to find compared to others on this list, but a clean, high-quality example can still be worth up to $500. Look for the distinctive doubling under magnification.
1995 Doubled Die Obverse
The 1995 Doubled Die Obverse penny features noticeable doubling in the word “LIBERTY.” Although the doubling is not as pronounced as on some other coins, it’s still significant enough to catch the eye of collectors. This error is more common, but it can still sell for up to $45 in good condition. Checking for this subtle doubling can pay off if you find one in excellent shape.
1999 Wide AM Reverse
The 1999 Wide AM Reverse penny is a result of the “AM” in “AMERICA” being spaced further apart than usual due to a die mix-up. This error is more common than some others but can still be quite valuable. A well-preserved 1999 Wide AM penny can command prices of up to $500. To identify it, look for the wider spacing between the “A” and “M” on the reverse side of the coin.
1983 Double Die Reverse
The 1983 Double Die Reverse penny features doubling on the reverse side in the inscriptions “ONE CENT” and “E PLURIBUS UNUM.” This error was created during the minting process and is sought after by collectors. With approximately 250,000 of these error coins believed to be in circulation, they can sell for up to $200 in good condition. The doubling is noticeable and distinct, making it easier to identify.