Old US Penny Values | Discover Their Worth (2024)

FAQs

How to find out what an old penny is worth? ›

Factors like the coin's condition, the year it was minted, and its rarity all play a part. Most wheat pennies are worth between four cents to $4 on average. However, some rare and highly sought-after ones can fetch thousands of dollars at auction.

The Don Lutes Jr. coin- a bronze Lincoln cent- was sold for such a huge amount because currently, only a handful of these exist. So far, 15 to 20 bronze Lincoln cents have been discovered. The most expensive sold for $1.7 million.

If So, Then You Might Have The Rare 1983 Copper Penny Worth $15,000! There's a rare 1983 copper penny (a 1983-D penny) worth $15,000 -- you could find one in your pocket change! Here's what to look for + Other rare copper pennies.

The U.S. made about 7.7 billion pennies in 1983, but only about 5,000 of them are known to have been made with this doubling error, James McCartney, director of numismatics at Stack's Bowers Galleries, tells CNBC Make It. The rarity of these misprinted pennies are what make them more valuable than ordinary pennies.

The 1958 D Wheat Penny had a slightly smaller mintage the previous two years with over 800 million coins struck at the Denver Mint. This was the last Wheat Penny struck at the Denver Mint, and they did a much better job with the overall craftsmanship of the coin.

Watch for low mintage years like 1955-S, 1939-D, 1933-D, and 1931-S. Depending on condition, rarer pennies are worth more. Look for all-copper pennies. Old pennies made before 1982 are 95% copper, which gives them an inherent metal value.

Coin collectors finally have the resource needed to make informed numismatic buying, selling and trading decisions, thanks to the PCGS CoinFacts mobile app.

The 1979-D Lincoln Cent was mass produced. It's mintage is over 4.1 billion, so more than half the people on earth can own one. Examples up to MS66 can easily be found or purchased. In MS67 condition they are scarce.

Value of 1974-D Lincoln Memorial Cent

However, only one coin was made for testing purposes. A law suit is in action between Randall Lawrence and the U.S. Government. The government suspects that the coin was illegally removed from the Mint by Lawrence's father, former Deputy Director of the Mint.

One of the rarest pennies cost a Beverly Hills man a pretty penny. At an auction last Thursday, Kevin Lipton shelled out $2,585,000 for the Birch Cent, a penny made in 1792 that is named after its engraver, Robert Birch. It's the most money ever paid for a one-cent piece.

What penny is worth $250000? ›

2) 1943 Copper Wheat Penny - $250,000.

The 1956-D Wheat Penny value ranges from a few dollars to a few hundred dollars to upwards of seven thousand dollars for the highest grade red versions. The Wheat Penny comes in colors ranging from brown to brown and red to a red variety, with the red versions typically commanding higher prices than the others.

In 1982 the penny was transitioned from bronze which weighed 3.11 grams to a copper-zinc penny which weighed 2.5 grams. Both of these coins were minted with what is called a small date and a large date, as per the pics I sent you. There are fewer small date bronze 1982 d pennies, makes them a bit more rare.

Rumors of its potential worth, reaching an astonishing $35,000, have sparked interest among collectors and enthusiasts. In this detailed guide, we'll delve into the historical context, factors influencing value, identification tips, and much more to unravel the mystery behind the 1982 Penny.