Many Americans have a stash of old pennies in drawers or jars—but few realize that some of these coins could be worth a small fortune. Among the most valuable are Lincoln Wheat Pennies, which were minted from 1909 to 1958 and are now coveted by collectors. Some rare varieties and error coins have sold for over $88,000, and yours might be one of them.
1909-S VDB Lincoln Wheat Penny
The 1909-S VDB is perhaps the most iconic and sought-after Lincoln Wheat Penny. It was the first year the Lincoln cent was issued, and coins from the San Francisco Mint (S) with the designer’s initials “V.D.B.” on the reverse are incredibly rare. With only 484,000 minted, this coin is a must-have for collectors. In high-grade condition, it has sold for $80,000+ at auction.
1943 Bronze (Copper) Wheat Penny
During World War II, the U.S. Mint shifted to steel pennies to conserve copper. However, a few 1943 pennies were mistakenly struck in bronze, making them some of the rarest error coins in existence. These coins have sold for over $100,000, and one example fetched $1.7 million. If you have a 1943 penny that sticks to a magnet, it’s steel—but if it doesn’t, it might be the bronze version!
1955 Doubled Die Lincoln Penny
Another valuable coin is the 1955 Doubled Die Wheat Penny, which shows dramatic doubling in the inscriptions “LIBERTY” and “IN GOD WE TRUST.” This minting error creates a clear, doubled appearance that is easy to spot and highly prized. In excellent condition, it can sell for $10,000–$50,000, and even worn examples are worth hundreds.
Check Your Pennies Carefully
You might be carrying hidden treasure in your change jar. Lincoln Wheat Pennies with rare mint marks, errors, or early issue years are some of the most valuable coins in U.S. history. Whether it’s a 1909-S VDB, 1943 Bronze, or 1955 Doubled Die, these pennies are more than just pocket change—they’re serious collectibles that could change your financial future.
FAQ’s:
1. How do I know if my Wheat Penny is valuable?
Check the year and mint mark. Look for rare dates like 1909-S VDB or error types such as double dies or bronze 1943 coins.
2. Where is the mint mark on a Wheat Penny?
The mint mark is located below the date on the front of the coin. No mark means Philadelphia; “D” is for Denver and “S” is for San Francisco.
3. Are all Wheat Pennies worth money?
Not all, but many are. Common dates may only be worth a few cents, but rare varieties or errors can be worth thousands.
4. What should I do if I think I have a rare coin?
Avoid cleaning it and get it professionally appraised by a trusted coin dealer or grading service like PCGS or NGC.
5. Can I find these rare pennies in circulation today?
It’s rare, but possible. People still occasionally find valuable Wheat Pennies in change or inherited collections.