5 Rare Pennies Worth $18 Million – Still in Circulation

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Rare Pennies Worth

Rare Pennies Worth: Ever wondered if that small copper penny in your pocket could actually be worth a fortune? For collectors and enthusiasts, the rare pennies value market is one of intrigue and excitement. What may seem like an ordinary coin can turn out to be a highly sought-after rarity worth thousands—or even millions—of dollars.

As we step into 2025, the fascination with rare pennies continues to grow. From fascinating minting errors to limited productions, these coins carry not only monetary worth but also a slice of history. This article explores five of the rarest and most valuable pennies still found in the market, highlighting their unique stories, defining features, and potential value.

Overview of the 5 Rare Pennies

Penny NameYearKey FeaturesValue (2025)
1943 Bronze Lincoln Penny1943Wartime error; bronze planchets usedUp to $1.7 million
1955 Double Die Lincoln Penny1955Double-stamped lettering and date$1,000–$100,000+
1909-S VDB Lincoln Penny1909First Lincoln penny; “VDB” initials on reverse$600–$60,000
1922 No D Lincoln Penny1922Missing “D” mint mark due to die wear$500–$50,000+
1914-D Lincoln Penny1914Low mintage; high demand among collectors$200–$50,000+

1. The 1943 Bronze Lincoln Penny

The 1943 Bronze Lincoln Penny is the holy grail of U.S. coins. During World War II, copper was reserved for the war effort, and pennies were made using zinc-coated steel. However, a few leftover bronze planchets accidentally made their way into production, creating one of the rarest coins in existence.

Why It’s So Valuable

  • Less than 20 coins are believed to exist, making this penny incredibly rare.
  • One of these pennies sold for $1.7 million in 2018, and its value continues to rise.

How to Identify It

  • Look for the date 1943 and check if the coin is non-magnetic (steel cents are magnetic, bronze ones aren’t).
  • The weight should be 3.11 grams, as opposed to 2.7 grams for steel pennies.

2. The 1955 Double Die Lincoln Penny

The 1955 Double Die Lincoln Penny owes its fame to a striking minting error. A misalignment in the die used to stamp the coins resulted in visible doubling of the letters and numbers on the front side of the penny. This error makes it one of the most famous pennies in American numismatics.

Why It’s So Valuable

  • Approximately 20,000–24,000 coins were produced with this error, but only a fraction remain in circulation.
  • Circulated specimens are valued at $1,000–$2,000, while uncirculated coins can fetch over $100,000.

How to Identify It

  • Look for doubling in the inscriptions “LIBERTY”, “IN GOD WE TRUST”, and the date 1955.
  • A magnifying glass is helpful to spot the clear double stamping.

3. The 1909-S VDB Lincoln Penny

The 1909-S VDB Lincoln Penny has a special place in the hearts of collectors. As the first year of Lincoln penny production, it features the initials “VDB” of its designer, Victor David Brenner, on the reverse. Controversy over these initials led to their removal, making this coin a collector’s dream.

Why It’s So Valuable

  • Only 484,000 coins were minted, making it extremely scarce.
  • Values range from $600 for worn examples to $60,000 for uncirculated specimens.

How to Identify It

  • Check for the “S” mint mark on the obverse side, indicating it was produced in San Francisco.
  • Look for the initials “VDB” at the bottom of the reverse side.

4. The 1922 No D Lincoln Penny

The 1922 No D Lincoln Penny is a unique error coin. In 1922, pennies were only produced at the Denver Mint. Due to a worn die, some coins were struck without the “D” mint mark, resulting in this rare and valuable variety.

Why It’s So Valuable

  • Only 10,000–15,000 examples exist, making it a rare find.
  • Values range from $500 for lower-grade coins to over $50,000 for high-grade examples.

How to Identify It

  • Confirm the date 1922, but check for the absence of the “D” mint mark.
  • Look for a strong reverse design, as weaker strikes are less valuable.

5. The 1914-D Lincoln Penny

The 1914-D Lincoln Penny may not be an error coin, but its low mintage and high collector demand make it a standout. With just over a million coins minted, it’s considered a key date in the Lincoln penny series.

Why It’s So Valuable

  • With only 1,193,000 coins produced, this penny is a favorite among collectors.
  • Values range from $200 for circulated coins to $50,000 for pristine, uncirculated examples.

How to Identify It

  • Ensure the date reads 1914, and check for the “D” mint mark on the obverse.
  • Watch out for altered dates on counterfeit coins.

What Drives Rare Pennies Value?

The fascination with rare pennies stems from several factors:

  1. Historical Significance: Each penny represents a unique moment in U.S. history.
  2. Rarity: Coins with low mintages or errors are inherently more valuable.
  3. Condition: The better the coin’s condition, the higher its value.
  4. Collector Demand: Enthusiasts and investors alike are drawn to these treasures.

Tips for Collectors

Want to start your own collection or identify a rare penny? Follow these tips:

  • Educate Yourself: Learn about key dates, mint marks, and errors.
  • Inspect Carefully: Use tools like a magnifying glass or a digital scale to check weight and features.
  • Authenticate Your Coins: Always buy or sell through reputable dealers and get rare pennies graded by professional services like PCGS.
  • Patience Pays Off: Building a valuable collection takes time and research.

FAQs

1. Can I still find rare pennies in circulation?

Yes, though the chances are slim, rare pennies like the 1955 Double Die or 1922 No D have occasionally been found in spare change.

2. How do I know if my penny is valuable?

Look for key dates, mint marks, or errors, and have the coin evaluated by a professional grader.

3. What’s the most valuable penny ever sold?

The 1943 Bronze Lincoln Penny holds the record, with one example selling for $1.7 million.

4. Where can I sell my rare pennies?

You can sell rare coins at auction houses, online marketplaces, or through reputable coin dealers.

5. Are rare pennies a good investment?

Yes, they can be, but like any investment, it’s important to do your research and buy from trusted sources.

Final Thoughts

The rare pennies value market is a captivating intersection of history and potential financial reward. From the legendary 1943 Bronze Lincoln Penny to the iconic 1909-S VDB Lincoln Penny, each coin tells a story and offers collectors the thrill of discovery.

Do you have any rare pennies hiding in your collection? Share your thoughts and experiences in the comments below, and don’t forget to take a second look at your spare change—you might just uncover a treasure!

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