When it comes to coin collecting, Lincoln pennies are often overlooked by the casual collector, but some of these pennies are worth far more than their face value. Some have become rare treasures, fetching hundreds, even thousands, of dollars at auctions. In this article, a coin dealer reveals the Lincoln pennies that could be hidden goldmines in your collection or spare change.
1909-S VDB Lincoln Penny
One of the most famous and valuable Lincoln pennies is the 1909-S VDB. This penny was released in 1909 to mark the 100th anniversary of Abraham Lincoln’s birth, but only a limited number were minted in San Francisco with the initials “VDB” (for designer Victor David Brenner) on the reverse. Due to its limited mintage and controversy surrounding the VDB initials, it’s now a highly sought-after coin among collectors. Depending on its condition, a 1909-S VDB Lincoln Penny can be worth anywhere from $1,500 to over $100,000.
1914-D Lincoln Penny
Another hidden gem is the 1914-D Lincoln Penny. While the 1914 penny is not exceptionally rare, the Denver mint produced fewer than 1.2 million of them, making it valuable today. The 1914-D is often found in poor condition, but well-preserved examples can bring in $50,000 or more. It’s a must-have for serious collectors looking to build a valuable penny collection.
Your Pennies Could Be Worth More Than You Think
The world of coin collecting offers surprising treasures, and Lincoln pennies are no exception. From the 1909-S VDB to the 1914-D Lincoln Penny, these coins are hidden goldmines for collectors willing to dig deep. By understanding what makes certain pennies valuable, you can turn your pocket change or old coin jar into a significant fortune. Don’t let these valuable coins slip by unnoticed — a small investment of time could pay off big!
FAQ’s:
1. Why is the 1909-S VDB Lincoln Penny so valuable?
It was a limited release with the designer’s initials, and its mintage was low. Collectors prize the coin for its historical significance and rarity.
2. How can I spot a 1914-D Lincoln Penny?
The “D” mintmark can be found just below the date on the reverse side. The coin’s rarity and condition determine its value.
3. What makes a Lincoln penny valuable?
The year, mintmark, rarity, and condition of the penny are the main factors that affect its value. Error coins and limited editions fetch the highest prices.
4. Can I find these rare Lincoln pennies in circulation?
It’s unlikely, but coins like the 1909-S VDB and 1914-D might turn up in old collections, coin jars, or estates. It’s worth checking through your pennies!
5. How do I preserve my rare Lincoln pennies?
Keep them in protective cases, store them in a cool and dry place, and avoid handling them directly to preserve their condition and value.