Lincoln pennies have been part of American currency since 1909. While most of these pennies are worth just one cent, some are very valuable due to their rarity or errors in minting. This guide will highlight the top 15 most valuable Lincoln pennies, providing important details to help collectors identify them.
1. 1909-S V.D.B. Lincoln Penny
The 1909-S V.D.B. Lincoln penny is one of the most famous and valuable pennies. Minted in San Francisco, it’s rare because it was produced in limited numbers. The coin features the initials “V.D.B.” on the back, which were removed after public complaints. In mint condition, these pennies can sell for over $100,000.
2. 1914-D Lincoln Penny
Another highly prized penny is the 1914-D Lincoln penny, produced at the Denver mint in limited quantities. Due to its rarity, it can be worth between $1,000 and $10,000, depending on its condition and grade.
3. 1922 Plain Lincoln Penny
The 1922 Plain Lincoln penny is valuable because of a minting error. The Denver mint accidentally struck these coins without the “D” mintmark. This mistake makes them highly collectible, with prices ranging from $1,500 to over $20,000 for high-quality examples.
4. 1931-S Lincoln Penny
The 1931-S Lincoln penny is rare because of its low production numbers. Collectors value it for its scarcity, with prices ranging from $1,000 to $5,000, depending on the coin’s condition and grade.
5. 1943 Copper Lincoln Penny
The 1943 Copper Lincoln penny is famous due to a minting error. During WWII, pennies were supposed to be made of steel, but a few copper blanks were mistakenly used. This error makes the coin extremely rare, with values over $100,000.
6. 1944 Steel Lincoln Penny
The 1944 Steel Lincoln penny is another rare error coin. Although steel pennies were not supposed to be minted after WWII, a few were produced by mistake. These coins can be worth between $50,000 and $100,000, depending on their condition.
7. 1955 Double Die Lincoln Penny
The 1955 Double Die Lincoln penny is known for its distinctive doubled date and lettering on the front. This error makes it highly sought after, with prices ranging from $1,000 to over $10,000, based on its condition.
Collecting Lincoln pennies can be a fun and rewarding hobby. Knowing about valuable coins like the 1909-S V.D.B. and the 1943 Copper penny can help collectors spot treasures in their collections or at coin shows.
Remember, the condition of the coin plays a significant role in its value. Always take care when handling these coins, and consider getting them appraised by a professional to understand their worth better.
What makes a Lincoln penny valuable?
Lincoln pennies are valuable due to their rarity, minting errors, and historical significance.
How can I tell if my penny is rare?
Look for specific years and mintmarks. Coins with known errors or low production numbers tend to be more valuable.
What should I do if I think I have a valuable penny?
Have it appraised by a professional coin dealer or numismatist to determine its value.
Are all Lincoln pennies worth money?
No, most Lincoln pennies are worth only one cent, but certain years and varieties can be very valuable.
How should I store my Lincoln pennies?
Store them in a cool, dry place in protective holders to avoid damage and preserve their condition.
