Rare Penny collecting can be both a captivating and a lucrative hobby while it can be a whole-time business like said by an article on PCGS.com that how a kid at the age of 18 changed himself from a coin collector to a coin shop owner in USA . While most pennies are worth just one cent, certain rare varieties can command impressive sums, but only once they are auctioned or provided for sale.
Here’s a look at some of the most valuable pennies and their recent auction prices, along with other notable rare coins in USA .
1. 1943 Bronze Penny
The 1943 bronze penny is highly prized among collectors. During World War II, the U.S. Mint switched to steel pennies, but a few bronze ones were mistakenly minted. These rare coins can fetch hundreds to over $150,000, depending on their condition.
2. 1955 Double Die Penny
Struck with a double die error, the 1955 penny features a blurry design that makes it a sought-after item. It typically sells for around $500 to $1,000.
3. 1909-S VDB Penny
The 1909-S VDB penny, minted in San Francisco, is valued for its rarity and historical significance. It can command hundreds to over $3,000.
4. 1943 Copper Penny
The 1943 copper penny is exceptionally rare, as most pennies from this year were made of steel. Copper versions can reach up to $1.1 million.
5. 1992 Close AM Penny
Marked by the closely spaced “A” and “M” in “AMERICA,” the 1992 close AM penny is valuable due to its error. Recent sales show values around $1,000.
6. 1972 Double Die Penny
Featuring a double die error, the 1972 penny has a blurred design that can be worth $400 to $1,000.
7. 2004-D Wisconsin Extra Leaf Penny
This penny, with an extra leaf on the corn ear, is a notable find. It has been recently sold for up to $600.
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8. 1983 Copper Penny
The 1983 copper penny is rare, with most pennies from that year being zinc. Copper versions can be worth up to $20,000, with some recent sales around $1,140. Rare errors can push prices even higher.
9. 1958 Double Die Penny
The 1958 double die penny features an error similar to other double die varieties and can be valued between $700 and $1,200.
10. 1914-D Lincoln Penny
The 1914-D Lincoln penny, valued for its low mintage, often sells for between $500 and $1,200.
Other Notable Rare Coins Sold in Auctions USA
- Rare Lincoln Penny: Sold for $201.
- Buffalo Nickel: Recently sold for $1,165.
- 1971 Eisenhower Silver Coin: Sold for an impressive $264,000.
- Lincoln Double Die Obverse Penny: Valued around $2,000.
- Half Cent: Recently sold for $3,383.
- Rare Nickel: Sold for $1,956 on eBay.
- 1889 CC Morgan Silver Dollar Coin: Valued at $1,850.
- Lincoln 1992 Penny: Can be worth up to $25,000.
- Standing Liberty Quarter: Sold for $565.
- Lincoln Coin Minted in 2020: Recently sold for $525.
To sell rare pennies and coins in the USA, you can explore several online auction platforms. Besides PCGS.com, consider sites like Heritage Auctions, Stack’s Bowers, and eBay or even amazon.
FAQs
Where to sell rare pennies in USA ?
You can apply to several rare pennies auction online , one goes on Pcgs.com.
Online checking the rate rare penny list USA ?
To check if your penny is rare or worth in thousands or hundreds you can check on entering its details on pcgs.com or on coinvaluechecker.com .
How does rare penny auction works ?
Once the penny is placed for auction buyers bid a higher amount each time for buying the penny for reselling or for their collection and once you accept the bid , the buyer makes the payment on the platform and you have to send the coins or rare pennies to the buyer for release of payment to your bank account in USA.
Does rare pennies weight matter for selling ?
Each rare penny to be worth for selling comes with special features and ask from the buyers , if it matches the weight , size or the characters as provided in the information during the auction it will be sold immediately .