Imagine cracking open an old piggy bank, only to find a coin that could erase your mortgage debt. That’s exactly what happened to a woman in Arizona who stumbled upon an incredibly rare penny while counting spare change. What she initially thought was just another Lincoln cent turned out to be worth $85,000, making headlines in the coin collecting world. You might be surprised to learn how many high-value pennies are still in circulation—or hiding in jars and piggy banks. Here are three rare Lincoln pennies that could do more than just make cents—they could make you rich.
1943 Copper Lincoln Wheat Penny
In 1943, pennies were supposed to be made from steel coated in zinc due to wartime copper shortages. However, a few copper blanks from 1942 accidentally slipped into the production line, creating the extremely rare 1943 Copper Penny. Only around 15 to 20 authentic pieces are known to exist. These pennies have sold for $100,000 to $1.7 million, depending on condition. The one discovered in the piggy bank was verified by a coin dealer and eventually sold for a life-changing $85,000 at auction.
1955 Doubled Die Lincoln Wheat Penny
The 1955 Doubled Die Penny is one of the most famous and visually dramatic error coins in U.S. history. Due to a misalignment during the minting process, the inscriptions on the obverse side—especially “LIBERTY” and “IN GOD WE TRUST”—appear doubled. These errors are highly sought after by collectors. A high-grade version can easily sell for $10,000 or more, while even worn examples may fetch over $1,000. It’s one of those rare pennies that might still be found in everyday change, especially in older coin collections.
1972 Doubled Die Obverse Penny
Another coin to keep an eye out for is the 1972 Doubled Die Obverse Penny. Much like the 1955 version, this error results in doubling on the front of the coin, especially noticeable on the word “LIBERTY” and the date. While not quite as rare as the 1955 doubled die, it’s still considered a major collectible. In mint state, these coins have sold for up to $3,000, and circulated examples are still worth several hundred dollars.
It might sound like a fantasy, but finding a penny worth tens—or even hundreds—of thousands of dollars is very much a reality. These coins are still out there, hidden in old jars, change drawers, and yes, even piggy banks. The next time you go through your loose change, pay close attention. That ordinary-looking penny could be your ticket to financial freedom.
FAQ’s:
1. How can I tell if my penny is a 1943 copper version?
Use a magnet—copper won’t stick, but the common steel version will. Also, a professional appraisal is recommended.
2. What makes the 1955 doubled die penny valuable?
The dramatic doubling error makes it unique and highly collectible, especially in uncirculated condition.
3. Is the 1972 doubled die easy to spot?
It requires a close look or a magnifying glass, but the doubling on the inscriptions is usually quite clear.
4. Should I clean a rare coin before selling it?
No—cleaning can significantly reduce a coin’s value. Leave it in its current state and consult a professional.
5. Where’s the best place to get a coin appraised?
Reputable coin dealers, coin grading services like PCGS or NGC, or attending coin shows are great options for an accurate evaluation.
