Who would’ve thought a simple coin from a garage sale would shock numismatic experts across the country? That’s exactly what happened when a rare Lincoln penny, purchased unknowingly in a small coin lot for just a few cents, was later identified as an ultra-rare piece worth $124,000. While most of us walk past yard sales without a second glance, stories like this prove that treasures can truly be hidden in plain sight. Let’s explore the details of this lucky find and three other Lincoln Wheat Pennies that could be just as valuable.
1943 Copper Lincoln Penny
Most 1943 pennies were struck in steel to conserve copper for World War II. However, a few copper planchets mistakenly made it into the minting presses that year, creating one of the most coveted coins in American history: the 1943 Copper Lincoln Penny. With only a few dozen confirmed examples, collectors are willing to pay a fortune. One sold for over $1 million, but even lower-grade examples fetch six-figure sums. If your penny sticks to a magnet, it’s steel. If not—check the date. You might be holding a goldmine.
1922 No D Lincoln Penny
Another incredibly rare error is the 1922 No D Lincoln Penny, which originated from the Denver Mint. Due to a heavily worn die, some coins were struck without the “D” mintmark, leading collectors to scramble for this elusive version. What makes it even more desirable is that it’s the only circulation strike in the entire Wheat series known without a mintmark from that era. High-grade versions of this penny can easily reach $50,000 to $85,000, depending on condition and authenticity.
1955 Doubled Die Lincoln Penny
Among error coins, the 1955 Doubled Die Lincoln Penny is a fan favorite. Due to a die misalignment, the inscriptions on the coin appear doubled, especially “LIBERTY” and “IN GOD WE TRUST.” This obvious and dramatic error makes it easily identifiable—even to non-collectors. Although many fakes exist, authentic versions in good condition regularly sell for $15,000 to $50,000, with top specimens going even higher at auction.
The garage sale penny that turned out to be worth $124,000 is a powerful reminder that coin collecting isn’t just for experts—it can be rewarding for anyone. Whether it’s a 1943 Copper Penny, a 1922 No D, or a 1955 Doubled Die, these rare finds are still hiding in old jars, drawers, and yes—even garage sale boxes. It’s time to start checking your change and old collections. You never know which overlooked penny could be your ticket to a small fortune.
FAQ’s:
1. How can I tell if my 1943 penny is copper?
Try the magnet test. Copper coins won’t stick, while the common steel versions will.
2. Is it possible to find a 1922 No D Penny in circulation?
It’s extremely rare, but possible—some have been found in inherited collections or estate sales.
3. Why is the 1955 Doubled Die Penny so valuable?
Its clear doubling error is rare and visible to the naked eye, making it highly collectible.
4. Where should I get a rare coin appraised?
Contact a certified coin dealer or use professional services like PCGS or NGC.
5. Are garage sales good places to find rare coins?
Absolutely. Many sellers don’t know the value of what they have, making garage sales a hidden treasure trove.