Discovering a rare penny in your pocket change may seem like a stroke of luck, but history has shown that many valuable coins were found by everyday people. These pennies, worth thousands or even millions, are prized for their minting errors, historical value, or limited production runs. Here are eight exceptional pennies to watch out for.
1. 1943 Copper Penny
During World War II, copper was needed for military production, so the U.S. Mint switched to making pennies from zinc-coated steel. However, a small number of 1943 pennies were mistakenly struck in copper. These rare coins are highly coveted by collectors, with some fetching over $500,000 at auction.
2. 1909-S VDB Penny
The 1909-S VDB penny is a prized coin featuring the designer’s initials—Victor David Brenner—on the reverse. Minted in San Francisco with a limited production, this penny is one of the most sought-after by collectors. Well-preserved examples can sell for over $100,000.
3. 1914-D Penny
Minted in Denver, the 1914-D penny is rare due to its limited production. Its scarcity and age make it highly desirable among collectors, with high-quality versions commanding prices over $200,000.
4. 1955 Double Die Penny
The 1955 Double Die penny is famous for a minting error where the text and numbers appear doubled. This unique mistake makes the coin a favorite among collectors, with its value reaching tens of thousands of dollars depending on its condition.
5. 1944 Steel Penny
In 1944, the U.S. Mint returned to copper for pennies, but a few steel blanks from the previous year accidentally ended up in the mix. These rare 1944 steel pennies are highly valuable, with well-preserved examples selling for up to $100,000.
6. 1877 Indian Head Penny
The 1877 Indian Head penny is rare due to its low mintage and historical significance. As a result, it’s a coveted coin among collectors, with pristine examples fetching over $10,000.
7. 1922 No D Penny
Most Denver-minted coins bear a “D” mintmark, but in 1922, a minting error led to some pennies being struck without the mintmark. These “No D” pennies are highly sought after, with some reaching values upwards of $20,000 in excellent condition.
8. 1943 Bronze Penny
While most pennies from 1943 were struck in steel, a few were mistakenly produced in bronze. These incredibly rare coins are among the most valuable, with one selling for a record $1.7 million at auction.