Which pennies are worth keeping?

Which pennies are worth keeping?

So before you say, “Keep the change,” check to see if you have any of these valuable pennies:

• 1943 Bronze Lincoln. (Image: Heritage Auctions, HA.com)
• 1969-S Doubled Die Obverse.
• 1992 Close AM Reverse.
• 1972 Doubled Die Obverse.
• 1995 Doubled Die Obverse.
• 1999 Wide AM Reverse.
• 1983 Double Die Reverse.

What are old 1 cent pennies worth?

All Wheat Pennies are worth more than their face value of . 01 cent. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition.

Are any 1960’s pennies valuable?

They contain approximately 2 cents’ worth of the valuable metal. That means all 1960 pennies are worth at least 2 cents — more or less. While it’s illegal to melt pennies for their copper value, coin hoarders still save old copper pennies anyway. In the meantime, a 1960 penny is worth about double its face value.

What year are valuable pennies?

Lincoln pennies that were minted between 1959 and 1982 tend to be worth more since they are almost 100 percent copper, rather than an alloy. Improperly prepared dies can result in coins with a “double” image.

What can you do with old pennies?

To help you combat the penny problem, here are some strategies for spending them, plus ways to put them to creative use.

1. DEPOSIT THEM AT THE BANK.
2. TAKE THEM TO A COINSTAR MACHINE.
3. MAKE A COLD COMPRESS.
4. CREATE DIY DRAPERY WEIGHTS.
5. SEPARATE THEM INTO DENOMINATIONS BEFOREHAND TO MAKE SHOPPING EASY.
6. DECORATE YOUR FLOORS …

What year penny is worth saving?

You should keep all pre-1982 pennies. If you can distinguish between 1982 brass and zinc pennies, keep the brass ones. All wheat pennies are worth keeping. Keep all pennies (even recent ones) that appear to have something “off” about them — they may be error or die variety coins.

Can you scrap old pennies?

Yes – depending on their age, and the market price of the metals they’re made of. The 1p and 2p coins minted before 1992 were 97 per cent copper. In 2006, the soaring price of copper made these coins worth more as scrap than their face value. But be warned: it’s illegal to melt down coins of the realm.

Keeping Old Pennies

• You should keep all pre-1982 pennies.
• If you can distinguish between 1982 brass and zinc pennies, keep the brass ones.
• All wheat pennies are worth keeping.
• Keep all pennies (even recent ones) that appear to have something “off” about them — they may be error or die variety coins.

How is the value of a half penny determined?

Coin values are determined by using the grading images to judge condition then checking the date and values on the charts provided. Discover all the rare varieties, dates and mintmarks. The Coin Value Guide covers US coin series from Half Cents to $20 gold coins.

How much is a large American penny worth?

Another great American coin that specialists study intensely and avidly collect. Large cents are worth from $17 to many thousands. Carefully examine your coins for condition. Check the value list for rare dates and varieties. Many large cents in nice condition with abundant detail remaining, are easily a $52 find.

What makes the Lincoln penny the most valuable?

Finally, demand is the factor that drives value the most. Almost every collector of United States coins began collecting the Lincoln penny. Most of them pulled the coins out of circulation.

How much is the rarest Penny in the world worth?

James Bucki has over 40 years of coin collecting experience, receiving specialized training in coin grading, minting errors, and collecting techniques. Some little pieces of copper can be worth some very large dollar amounts. For the world’s rarest and most coveted pennies in the world, values are well over $100,000 and approaching $2 million.

What pennies are worth collecting?

These early coins which include the initials VDB below the Wheat Stalks on the reverse of the coin, and of which include the S mint mark, are highly collected because of their rarity. They are considered the most valuable of Wheat Pennies and can value thousands of dollars (depending on condition).

What is the most expensive Penny ever sold?

The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny that had been struck on a bronze planchet. The penny was in uncirculated condition. It was sold in a private sale in September of 2010 and it went for an unbelievable price of $1,700,000 through Legend Numismatics .

What is the rarest penny coin?

Among the regular-issue pennies, the 1793 Liberty Cap large cent takes the cake as the rarest penny made in the United States. Made during the first year the United States Mint was striking coins on a regular basis, this 1793 penny was one of several one-cent designs struck that year.

What US pennies are worth money?

Most wheat pennies are worth no more than five cents, but pennies from certain years are worth much more. Mint condition pennies from 1909, 1914, 1931, 1941, 1946, 1951, 1952, 1955, 1956, and 1958 are worth anywhere from $2 to over $1,200.