The rarest major type is the
The American large cent is worth at least $17 to $20 today. That is the minimum value of a coin in "good" condition, a heavily worn coin. Collectors pursuing these old and scarce coins underpin American large cent values.
A 1958 Lincoln, Doubled Die Obverse cent sold in a GreatCollections auction has become the first Lincoln cent and first non-gold 20th century coin to sell for more than a million dollars. Still don't understand why that would make it super-valuable?
The 1959 D Lincoln Mule Memorial penny remains one of the most controversial and rare coins. Though not graded, it remains one of the rarest coins. The penny is worth about $50,000. 1959 pennies you need to look for!
The 1943 bronze Lincoln cent is considered to be the most famous error coin made by the U.S. Mint and could be worth more than $300,000.
One of the rarest pennies cost a Beverly Hills man a pretty penny. At an auction last Thursday, Kevin Lipton shelled out $2,585,000 for the Birch Cent, a penny made in 1792 that is named after its engraver, Robert Birch. It's the most money ever paid for a one-cent piece.
The report also states that if you have a 1943 bronze Lincoln penny, it could sell for as much as $200,000. That penny is described to have the “most famous error” in American coin printing.
Additionally, the site reports that the 1943 copper penny in perfect condition is quoted at $250,000 and in average condition could be worth more than $60,000.
Only 3,000 of the regular 1930 pennies were made and were only released directly through the Royal Australian Mint's visitor program and not put into circulation. “It is the holy grail and they can sell [for] up to $1 million,” The History of Money said.
$0.01 in 1700 is equivalent in purchasing power to about $0.74 today, an increase of $0.73 over 323 years. The dollar had an average inflation rate of 1.34% per year between 1700 and today, producing a cumulative price increase of 7,299.10%.
If you ask a coin collector, “what is the rarest Australian coin?”, they would likely say the 1930 penny. While not technically correct, 1930 pennies are prized possessions amongst collectors. Known as 'the coin not meant to be struck', they were minted during a tumultuous time – in the middle of the Great Depression.
If the 1944-S is made of steel, a rare occurrence, it is rare and significantly valuable. A 1944-S penny made of steel went for $373,750 in 2008. 1944 Steel pennies are a transitional error, meaning they have a different metallic composition from the 1944 bronze cents and are extremely rare, hence the high prices.
A report from Reuters notes that a rare 1792 American penny sold at auction for $2.6 million in 2015. Only 10 of the “Birch Cent” coins, named after their engraver Robert Birch, are believed to exist.
2.8 million pennies is the equivalent of $28,000. $28,000 is a lot of money, but a penny isn`t.
However, they are nowhere near as valuable or rare as the 1930 Penny. An average condition 1925 Penny would be valued in the range of $100 - $150. An average condition 1946 Penny would be valued in the range of $50 - $60. An average condition 1930 Penny can be a $15,000 - $20,000-plus proposition.
Is a 1974 penny worth $2 million? Yes! A rare 1974 aluminum penny can be worth $2 million. Currently, the 1974 D Mint Mark Aluminum penny is valued at $250,000.
1945 Penny Worth $85,000
The highest recorded price tag of a 1945 Lincoln penny was a 1945-D wheat cent in mint state. Heritage Auctions sold the penny for $14,400 in 2019. Another version of the Lincoln cents, such as the 1943 copper penny, is valued at $85,000 if it's in mint condition.
1955 Doubled Die Lincoln Cent: $1,000 to $2,000+
The 1955 doubled die penny shows heavy doubling in the inscriptions on the obverse side such as the word LIBERTY and the date. It is worth $1,000 and up even in well-worn condition, with uncirculated specimens taking $2,000 or more.
Answer and Explanation: When we convert 5 million U.S. pennies to U.S. dollars, we get 50,000 dollars. We first must assume that we have U.S. pennies and U.S. dollars to determine the proper conversion. As each penny is $0.01, we need 100 pennies to equal a single dollar.
Is a 1943 Copper Penny Worth $1 000 000? Yes, the PCGS-graded 1943 and 1943-S copper pennies were priced at $1 million, and the 1943-D copper penny was priced at $1.5 million. Today at auction, the standard 1943 copper penny can sell for $100,000 to $250,000.
The standard value for 1 million pennies is $10,000 dollars, but these are not standard pennies.