Most people toss pennies into jars, drawers, or piggy banks without a second thought. But what if one of those humble coins was secretly worth over $160,000? Coin collectors are constantly on the lookout for rare and error pennies that command huge sums at auction. Here are three Lincoln pennies that could turn your spare change into serious cash if you’re lucky enough to own one.
1943 Copper Lincoln Penny
One of the most famous and valuable error coins in U.S. history, the 1943 Copper Lincoln Penny was mistakenly struck on copper blanks instead of the wartime steel. Only a few are known to exist, and one sold for over $160,000 at auction. If you find a 1943 penny that sticks to a magnet, it’s steel. But if it doesn’t? You might be holding a life-changing coin.
1955 Double Die Lincoln Penny
This error occurred when the coin die struck the penny slightly misaligned, creating a noticeable doubling on the text, especially “LIBERTY” and the date. The 1955 Double Die is among the most sought-after error coins, with collectors paying up to $20,000 or more for high-grade examples. Even circulated versions can fetch thousands.
1969-S Double Die Obverse Penny
The 1969-S Double Die Obverse is less known to the public but highly prized among collectors. The doubling is sharp and clearly visible on the date and “IN GOD WE TRUST.” Only a small number are confirmed to exist, making it a rare find. In top condition, this coin has been valued at over $75,000.
A Penny Saved Could Be a Fortune Earned
While most pennies are worth just one cent, a few rare errors and limited-mintage coins could be worth thousands—even hundreds of thousands—of dollars. These treasures often end up forgotten in piggy banks or handed down in old collections. Before you cash in your coin jar, take a close look—you could be sitting on a valuable piece of numismatic history.
FAQ’s:
1. How do I know if my penny is copper or steel from 1943?
Use a magnet—steel pennies will stick, but copper ones won’t. If it’s copper and dated 1943, get it authenticated immediately.
2. What does “double die” mean in coins?
A double die error occurs when the coin is struck by a die that had a misaligned impression, resulting in doubled images or letters.
3. Can I find these rare pennies in circulation today?
It’s rare, but possible—many have been found in old piggy banks, coin jars, and inherited collections.
4. Where can I have my penny appraised?
You can contact professional grading services like PCGS or NGC, or visit a trusted local coin dealer.
5. Is cleaning a rare penny a good idea?
No—cleaning can damage the coin and reduce its value significantly. Always preserve coins in their natural condition.