Top 10 Valuable Lincoln Pennies That Could Make You Wealthy: Since its debut in 1909, the Lincoln penny has been a cornerstone of American currency. While most pennies are only worth their face value, certain Lincoln pennies are highly coveted by collectors and can fetch thousands—or even millions—of dollars. Before you dismiss that jar of spare change, take a closer look. Here are ten rare Lincoln pennies that could be worth a fortune.
10 Rare and Valuable Lincoln Pennies
1. 1983-D Bronze Penny
In 1983, the U.S. Mint transitioned from copper to zinc-core pennies, making bronze pennies from that year extremely rare. Among these, the 1983-D bronze penny error stands out. A mint-condition coin graded MS67 has been sold for approximately $1,400.
2. 1969 Doubled Die Penny
One of the rarest Lincoln pennies, the 1969 doubled die error is notable for its doubling on “LIBERTY” and “IN GOD WE TRUST.” Fewer than a hundred are known to exist. A specimen graded MS64 sold at auction in 2005 for an impressive $126,500.
3. 1981-S Type II Proof Penny
This proof penny is distinguished by its sharp “S” mint mark, which sets it apart from the Type I version. High-grade examples, such as PF68 coins, can sell for between $900 and $1,200.
4. 1983 Doubled Die Reverse Penny
The 1983 doubled die reverse penny features noticeable doubling on “E PLURIBUS UNUM” and “ONE CENT.” In pristine condition, these coins can command significant prices, with one MS68 example fetching $7,050.
5. 1979-S Type II Proof Penny
Similar to the 1981-S version, the 1979-S Type II penny has a clearer “S” mint mark. This rare proof coin in high grades has sold for up to $4,000 at auction.
6. 1998 Wide AM Penny
This rare penny resulted from an accidental pairing of the business strike obverse with a proof reverse die. The letters “A” and “M” in “AMERICA” are noticeably separated. High-grade examples have been valued at over $5,000.
7. 1992 Close AM Penny
In contrast to the Wide AM penny, the 1992 Close AM variety features the letters in “AMERICA” placed very close together. This transitional error is exceptionally rare, with an MS67 coin selling for $25,850 at auction.
8. 1971-S Doubled Die Obverse Penny
This proof coin displays clear doubling on “LIBERTY” and “IN GOD WE TRUST.” Coins with strong doubling and cameo finishes can sell for around $3,220.
9. 1970-S Small Date Penny
The Small Date version of the 1970-S penny has subtle differences in numeral alignment compared to the Large Date variety. These coins are highly sought after, with one PF69 Deep Cameo example selling for $18,400.
10. 1960-D Over D Small Date Penny
This fascinating coin features a repunched mint mark and a small date over a large date. High-grade examples, such as those graded MS66, have fetched $4,025.
How to Spot Valuable Lincoln Pennies
- Examine the Date and Mint Mark: Certain years and mints like “S” (San Francisco) or “D” (Denver) are more valuable.
- Identify Errors: Look for doubling, missing mint marks, or design anomalies.
- Assess Condition: Coins in better condition, with minimal wear, are worth more.
- Use Magnification: A magnifying glass can help spot subtle details or errors.
Conclusion
Lincoln pennies are more than just spare change—they’re a treasure trove of history and potential wealth. Whether you’re a seasoned numismatist or just starting out, these ten rare Lincoln pennies could be your gateway to an exciting collection—or even a windfall. Check your change jar today—you might be sitting on a small fortune!
FAQ
1. How rare is the 1969 doubled die penny?
Only a few dozen exist, making it one of the rarest Lincoln pennies.
2. What makes the 1998 Wide AM penny special?
It features a proof reverse die with a wide gap between the “A” and “M” in “AMERICA.”
3. How much is a 1983-D bronze penny worth?
A mint-condition coin can sell for about $1,400.
4. Why is the 1992 Close AM penny valuable?
It’s an exceptionally rare transitional error with closely spaced letters in “AMERICA.”
5. How can I identify a 1970-S Small Date penny?
The “7” in the date aligns with the other numerals, distinguishing it from the Large Date version.