Save Your 1963 Pennies... They're Worth More Than Face Value (Up To $40,000!) (2023)

FAQs

How much is a valuable 1963 penny worth? ›

On average, a 1963 penny is worth its melt value and based on the cost of copper in October 2022, a penny is worth $0.02. Rare 1963 pennies in high grades can sell for up to $40,000 in superior proof condition. But the typical price for a 1963 penny is 10 to 30 cents.

The 1959-D wheat penny is one of the most controversial mule coins ever. It's worth $50,000!

Lincoln pennies that were minted between 1959 and 1982 tend to be worth more since they are almost 100 percent copper, rather than an alloy.

The 1943 copper penny is a one million dollar penny! This copper penny was suppose to be a 1943 steel penny. Could you imagine finding this rare coin in your...

1963-D Lincoln Cent -- Struck on a Silver Dime Planchet -- AU58 PCGS. This wrong planchet mint error is aligned with the collar at 9 o'clock, resulting in stretching and minor incompleteness on TRUST and AMERICA.

The Most Expensive Penny

Just 40 of the coins — probably created by accident, on copper-alloy one-cent blanks left in the presses in the wartime years when pennies were converted to steel — are known to exist. The first 1943 copper cent was sold in 1958 for more than $40,000.

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.

Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. 2) 1943 Copper Wheat Penny - $250,000. 3) 1856 Flying Eagle Penny - $25,000.

So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years.

Is a 1974 penny worth $2 million? ›

Eric said the penny in question is worth an estimated $2million. However, despite its high value, the penny is technically illegal to own as it's considered to be government property. Federal authorities haven't been in a hurry to confiscate them, according to Coinworld, but it's important for sellers to know.

A 1964 D penny is considered rare for a few reasons. First, only about 1% of all pennies minted in 1964 were of the D-mint variety. Second, the Denver Mint, where the D pennies were made, had a higher-than-average number of coins rejected due to quality control issues.

You Could Find This Rare Penny In Your Pocket Change - Here's What To Look For. Someone found a 1982 copper penny worth more than $10,000 -- and you could too! Here's everything you want to know about the 1982 D penny - and how to find a 1982 small date penny.

A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency.

A penny from 1909 was the star of the show. It is, in fact, considered one of the rarest and most highly valued pennies in existence, made to celebrate the centennial of Abraham Lincoln's birth and inscribed with the initials of its designer, Victor D. Brenner.

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.

The Denver Mint produced more than 1.7 billion 1963 D pennies. You can buy one of these for about $0.01 to $7.00 if the coin is in circulated condition. The price can be higher if it is favorably graded.

Some of the most common penny errors include off-center coins, broadstrikes, and clipped planchets. Note that doubled dies, repunched mint marks, and die breaks are technically not errors, but rather varieties. These anomalies were created in the die creation stage or by way of wear-related changes to the die.

What does an error penny look like? ›

A blank planchet penny is an error piece often divided into two types: a blank coin with no visible rim and a blank planchet with a raised outer edge. These types of strike errors are relatively common. Their value varies according to their source metal and if they have a raised rim.

Because the letters "A" and "M" in America are so close that they touch, the 1992 Close AM penny could be worth up to $20,000.

A RARE Lincoln penny from 1922 has sold for nearly $3,000 online – meaning you would be quite fortunate to have a coin like this one lying around. If you look closely, you'll noti…

Rare 1943 penny sells for over $200,000

A rare copper penny that a Massachusetts man found in his lunch money more than 70 years ago has been auctioned for more than $200,000. The 1943 penny is one of 20 that were accidentally minted when the federal government was trying to conserve copper for World War II.

These coins values are based on when they were issued into circulation – and some are worth over $400,000. According to the website, the most valuable coin is the 1944 Steel Wheat Penny, which were actually created by mistake. These coins are rare and only a handful are known to exist.

Which pennies are worth $1,000? Some examples of pennies worth $1,000 or more include the 1955 Doubled Die Lincoln Cent, the 1909-S Indian Cent, the 1909-S VDB Lincoln Cent and the 1914-D Lincoln Cent.

According to Professional Coin Grading Services, a whopping 9 billion Lincoln pennies were produced by both the Philadelphia and Denver Mints in 1992. Coinappraiser.com says, “It is approximated that only 10 or so of the 'Close AM' coins exist” — which is what makes them so valuable.

There's a rare 1983 copper penny (a 1983-D penny) worth $15,000 -- you could find one in your pocket change!

Yes! Ultimate Guide To 1999 Penny Values (Including The 1999 Penny Error/1999 Wide AM Penny) There's a rare 1999 penny error that is worth hundreds of dollars and you could find it in your pocket change!

It's from 1999 and could be worth $4,500 thanks to a little-known error on it. What you want to look for is a 1999 penny with no mint mark, which means no letter under the year on the heads side.

What makes a 1983 D penny rare? ›

The U.S. made about 7.7 billion pennies in 1983, but only about 5,000 of them are known to have been made with this doubling error, James McCartney, director of numismatics at Stack's Bowers Galleries, tells CNBC Make It. The rarity of these misprinted pennies are what make them more valuable than ordinary pennies.

It turns out all pennies with a date of 1981 or earlier were made from nearly pure copper, which means they are actually worth three times their face value - three cents.

What makes a 1970 Lincoln penny rare? The 1970 Lincoln penny is not rare, but variations with a small date or coins with a DDO error can be scarce, particularly in high grades.

McConnell discovered the coin was a 1974-D aluminum penny. Only ten of the coins were ever made and it was believed that all of them were destroyed. The coins were made as as a test, but they didn't work in vending machines and didn't show up in a X-rays.

The San Francisco mint had the lowest penny mintage in 1972, with only 376,939,108 struck pieces. Therefore, you can expect well-preserved coins in high grades to cost more than coins from the other two mints.

The rarest and the most valuable Lincoln Memorial penny minted in 1960 is the one from the Denver mint with a unique D Over D overdate. This coin has a Small Date struck over the Large Date on the obverse.

Since Lincoln Memorial pennies minted in 1961 are made of pricey copper, all are worth far more than their face value, regardless of condition.

A 1964 D cent is worth somewhere between $2 and almost $5,000. Its condition, grade, and patina, among other characteristics, make it a prized object among coin collectors. Only two points separate near-mint condition from the highest quality SMS penny discovered, which is classed MS68.

More From Good Housekeeping. Whoever didn't get that no-copper memo in 1943 is now responsible for creating some of the most valuable coins in all of history. While a 1943 penny in "good" condition could earn you around $60,000, coin connoisseurs might pay upwards of $85,000 for the coin if it's in mint-condition.

Extremely Rare Coin Discovered in a High Schooler's Lunch Money in 1947 Now Worth $1.7 Million. A rare coin found by a high schooler in his lunch money has been valued at almost $1.7million, following the owner's death.

Is a 1945 penny worth $85,000? ›

The value of a 1945 wheat penny depends on its condition and whether it's the rare “steel” variety. A well-circulated coin could be worth only a few cents, while a pristine steel penny could fetch up to $85,000.

The 1992 Close AM examples struck at the Denver Mint are also considered very scarce and there is only about a dozen examples known for this variety.

If you have heard of only one rare coin, there is a good chance that it is the 1933 penny. For some reason this coin, more than any other, has lodged itself in the public consciousness. Indeed, people have spent a lifetime sifting through their coins in a vain attempt to find one.

Penny struck on a silver dime planchet

In rare cases, you can find the 1962 D Lincoln penny with almond-gold toning. This error appeared because of sticking the penny on a silver dime planchet. Such pieces can be valuable, and one coin in an MS 62 grade was sold for $823 at an auction in 2013.

The mint mark is the small letter that shows which Mint location made the coin. The two most common mint marks are the “P” for Philadelphia and “D” for Denver.

No, it's not rare. The Philadelphia Mint doesn't add a mint mark to the coins they produce. In 1963, there were more than 754 million pennies produced by the Philadelphia Mint, which don't have the mint mark.

1877 Indian Head Penny – $149,500

This particular penny is the rarest date of all the Indian Head pennies minted. In 1877 the demand for US coinage was at an all-time low due to a long recession. So, people didn't save pennies then. To find an uncirculated version in mint condition is rare.

If you have heard of only one rare coin, there is a good chance that it is the 1933 penny. For some reason this coin, more than any other, has lodged itself in the public consciousness. Indeed, people have spent a lifetime sifting through their coins in a vain attempt to find one.

USA Coin Book Estimated Value of 1963-D Lincoln Memorial Penny is Worth $0.17 to $1.16 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.

1963 D Washington Quarter Value

According to the NGC Price Guide, as of February 2023, a Washington Quarter from 1963 in circulated condition is worth between $4.45 and $7. However, on the open market 1963 D Quarters in pristine, uncirculated condition sell for as much as $17750.

How much is a 1963 no mint nickel worth? ›

photo source: PCGS

There's no mint mark and the average price ranges from $0.05 to $3.00. There are more than 175 million 1963-P Jefferson nickels, making this coin a common coin.

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.