Many people think pennies are the least valuable coin in their change jar—but that’s not always true. Some Lincoln pennies have rare minting errors or design variations that make them highly valuable to collectors. In fact, a few have recently sold for over $25,000 at auctions and online marketplaces. If you’ve got a jar of old coins, it might be time to take a second look. Here are three rare pennies that could turn your spare change into serious cash.
1943 Bronze Lincoln Penny
During World War II, the U.S. Mint switched from copper to zinc-coated steel to conserve copper for war production. However, a small number of 1943 pennies were mistakenly struck in bronze (copper alloy), making them extremely rare. Only about 10 to 15 genuine bronze 1943 pennies are known to exist. One of these sold for $204,000, and even lower-grade examples can easily fetch $25,000 or more. If your 1943 penny isn’t magnetic and looks copper-colored, you may be holding something extraordinary.
1955 Double Die Lincoln Penny
The 1955 Double Die Penny is one of the most famous error coins in American history. Due to a misalignment during the minting process, the date and lettering on this coin appear doubled, making it very noticeable even to the untrained eye. This error makes the coin especially desirable to collectors. Depending on condition, a 1955 Double Die can range in value from $1,000 to over $25,000. In uncirculated condition, the price goes even higher.
1992 Close AM Lincoln Penny
At first glance, the 1992 Lincoln penny may seem ordinary, but there’s a rare variation known as the “Close AM” error. This refers to the spacing between the letters A and M in the word “AMERICA” on the reverse side. On standard coins, there is a clear gap, but in this error version, the letters nearly touch. Only a handful of 1992 Close AM pennies have been confirmed, and one has sold for more than $25,000. It’s a modern penny you might actually find in circulation.
Your everyday pocket change could be hiding a valuable secret. These three rare Lincoln pennies—especially the 1943 Bronze, 1955 Double Die, and 1992 Close AM—are worth far more than one cent. In fact, they’ve each sold for tens of thousands of dollars. If you happen to come across any of these coins, get them evaluated by a professional grading service. Who knows—you might be holding a small fortune right now.
FAQ’s:
1. How do I know if my penny is valuable?
Check the year and condition first. Then, look for any minting errors like doubling, off-center designs, or unusual spacing.
2. Are these rare pennies still in circulation?
Some, like the 1992 Close AM, may still be found in pocket change. The 1943 bronze penny is extremely rare but can occasionally surface in old collections.
3. What does “Close AM” mean on a penny?
It refers to how closely the letters “A” and “M” appear in “AMERICA” on the reverse side of the coin. On rare versions, the letters are almost touching.
4. Should I clean an old penny before selling it?
No. Cleaning coins can significantly reduce their value. Always leave them in their original condition and consult an expert.
5. Where can I sell a valuable penny?
You can sell through certified coin dealers, online auctions like eBay, or major numismatic auctions after having the coin authenticated and graded.
