That dusty piggy bank on your shelf might be holding more than just pocket change. Some old pennies, often mistaken as ordinary, are worth small fortunes. From rare mint errors to limited releases, a few special one-cent coins have sold for thousands — even hundreds of thousands — of dollars. Whether you’re a seasoned collector or someone cleaning out a drawer, these four rare pennies are worth knowing about. You just might be richer than you think.
1909-S VDB Lincoln Cent
This is one of the most famous and valuable pennies in U.S. history. Minted in San Francisco in 1909, it was the first year of the Lincoln cent. Only 484,000 of these were made with the initials “VDB” (for designer Victor David Brenner) on the reverse before being removed due to controversy. A 1909-S VDB in good condition can easily fetch $700 to over $2,000, and in pristine condition, values can climb much higher.
1943 Bronze Lincoln Penny
During World War II, the U.S. Mint used steel-coated zinc to make pennies, conserving copper for the war effort. But a few 1943 pennies were accidentally struck on leftover bronze planchets. These mistakes became incredibly rare. Only about 20 of these bronze 1943 pennies are known to exist. One example sold at auction for over $200,000. If you find a 1943 penny that sticks to a magnet, it’s steel. If it doesn’t — have it checked!
1955 Doubled Die Lincoln Penny
This penny features one of the most dramatic and popular mint errors ever seen: doubling on the date and lettering. Known as the 1955 Doubled Die Obverse, this coin is a favorite among error collectors. The doubling is so visible, it doesn’t require a magnifying glass. Prices vary based on condition but can range from $1,000 to $15,000 or more.
1969-S Doubled Die Obverse Penny
Another striking error penny, the 1969-S doubled die also shows noticeable doubling in the words “LIBERTY” and “IN GOD WE TRUST.” This coin is especially rare because many were mistakenly destroyed by the Secret Service, who believed they were counterfeits. That makes surviving examples extremely valuable. A high-grade version of this coin has sold for over $35,000.
While most pennies are worth just one cent, a few rare varieties can be worth thousands — or even life-changing sums. The best part? These valuable coins often go unnoticed for years. So the next time you’re digging through your piggy bank or counting loose change, pay extra attention to the dates and designs. You might be holding a tiny copper treasure.
FAQ’s:
1. How can I tell if my penny is valuable?
Look for key dates, mint marks, or visible errors like doubling. Online guides and coin books can help you identify them.
2. What’s the most valuable penny ever sold?
A 1943 bronze Lincoln cent sold for over $1 million due to its extreme rarity.
3. Can I still find rare pennies in circulation?
Yes, although rare, valuable pennies still turn up in circulation, garage sales, or old collections.
4. Should I clean old pennies?
No — cleaning coins can reduce their value. Always keep them in their original condition.
5. Where can I sell a rare penny?
Reputable coin dealers, online auction sites, or certified coin shows are your best options.