This example is not only uncirculated, but it is extremely well preserved and shows a minimal amount of bag marks from the minting process. Unlike other desirable coins needed to complete a series collection (one coin representing each year of a design), the Mint did not produce restrikes of this coin. But the move needed Congressional approval, so the mint produced a batch of about 800 of the new pennies and presented them to the lawmakers. Sold: October 2011; Heritage Auctions, Pittsburgh, PA, Signature Auction. Sold: January 2013; Stack's Bowers Galleries, Americana Auction. Since pennies hold a special place in almost every coin collector's heart, demand for high-quality coins can drive the value through the roof. Coin collecting goes back to medieval Mesopotamia. The most valuable coins are limited in number and often U.S. currency. With each pricing update we compute and … Revised specifications from Congress resulted in the large copper cent pieces used until 1857 when the size was reduced due to rising copper costs. Almost a million half dollars and close to 3,000 double eagles were struck through April before the Mint was closed as it was deemed too expensive to run. A small 800-penny lot was coined and submitted for approval and is extremely rare and valuable to date. A coin with a face value of $2.50, this Gem coin is the finest example of the rarest U.S. coin. Value: $152,750 (Heritage Auction 2017) – 137.000€Grade: PCGS MS-66+ Red. 5 million have been printed but very few are in mint condition, which greatly increases its value. You can never be 100% sure of the cause, but one thing is certain, they are incredibly sought after by collectors. Therefore, the PCGS3000® should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. Value: $258,500.00 (Heritage Auction 2014) – 231.000€ Quality: PCGS PR-67 Red & Brown. The letter "P" was being used for coins made at the Philadelphia facility, "D" for Denver minted coins, and "S" on dimes minted in San Francisco. Our most valuable pennies list includes coins starting in 1856 up to the present (2020) - including rare penny errors and rare varieties that could still actually be found in pocket change. Coined in over 430 million copies, this coin does not seem to have anything special about it. Also in this case the coin had to be minted in steel and instead was minted in bronze by the Mint of San Francisco in 1943. Value: $164,500 (Heritage Auction 2013) – 148.000€Grade: PCGS MS-63 Red. It is not therefore the circulation that makes it interesting but the quality: if circulated is worth 1€, if perfect even 800 €. This is the only proof coin of its type to be certified. This made is difficult for the federal government to obtain the metal needed for minting coins. For this reason, these American steel pennies are really sought after and paid very well by collectors. Both sides exhibit bold details. When the U.S. switched from bronze alloy to zinc-plated steel pennies in 1943, only a relative handful of bronze pennies slipped through. 1992 Close AM Reverse. Unlike many other existing coins of its type, the first three stars are full and the image of Liberty is precisely struck. Produced in 74,723,000 copies, if circulated it is not worth more than 50 cents, but if you auction a specimen in excellent condition you can take it home worth almost 900€. Of the 6,146 that were coined that year, about 700 still exist, but most are only in fair condition. These delays resulted in only dimes being produced in New Orleans that year. This link will take you to a list of valuable Lincoln Cents with wheat stalks on the reverse dated 1909-1958. Here are 15 of the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. Liberty Cap coins produced in 1796 were struck from six different obverse (head side) dies before the motif was changed to the Draped Bust of Liberty design mid-year. Nostomania's 100 Most Valuable U.S. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar. After all, there were over 4 million of them minted at the San Francisco mint. To have all three initials on a coin's design was unheard of. There was little demand for the coins domestically. This required some trial and error and resulted in three complete coins with lettered edges and one with a plain edge and a prominent die crack on the reverse. It has exceptional luster and sharp definition in the details. However, a steel planchet left over from 1943 must have found its way into the coining press. For example, even though the United States is young among nations, its coinage is in high demand and often more valuable than coins from places like ancient Greece. This 1943 Lincoln penny should have been struck on a zinc-plated steel planchet but was in fact made with a bronze alloy planchet. google_ad_slot = "4149874786"; That doesn’t mean that there aren’t some rare and valuable nickels. This coin appears today much like it did the day it was created, making it the finest half cent of its time. In 1344, King Edward III’s decision to produce gold coins resulted in three denominations: double florin (double leopard), florin (leopard) and half florin (half leopard). Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000® or any specific coin index. The 1 cent dollar coin of 1918 “Wheat Penny” was produced in 47,830,000 copies. This isn’t the case. It disappeared when his collection was sold in 1954, reappearing in 1995 in the possession of London coin dealer Stephen Fenton, starting a court battle over whether the coin could legally be owned. PS: We have entered the value in euros also, for easier reference even if the reference auctions are in dollars. One of these was King Farouk of Egypt, who also owned the 1913 nickel coin, known as the Norweb, that currently resides at the Smithsonian Institution.