10 Rare Pennies Worth $112 Million Each – Still in Circulation! Check Your Change!

Did you ever think that a coin that is in your pocket right now can be worth millions, even billions of dollars? The world of coins, or numismatics, is full of many such secret and precious coins, whose price has gone up many times. Today we are going to read about 10 such rare US coins, which are estimated to be worth up to $112 million.

Why are rare coins so expensive?

The price of any coin can increase due to several reasons:

1. Rarity – The fewer the coins available, the higher their price.
2. Historical significance – Coins associated with historical events have a higher value.
3. Minting error – Some coins made by mistake are extremely rare and valuable.
4. Condition – If a coin is in ‘Mint State’ i.e. in a brand new condition, then its price is high.
5. Demand – If a coin is extremely popular among collectors and investors, then its price increases.

Now let’s take a look at those 10 rare coins whose price has reached millions of dollars.

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1. 1943 Copper Wheat Penny

In the year 1943, during the Second World War, the US government decided to make coins from steel to save copper. But some coins were mistakenly made on copper, which are now extremely rare.

• Year: 1943
• Estimated Number: 40
• Identification: Copper color and Wheat design

2. 1944 Steel Wheat Penny

In 1943 coins were minted in steel instead of copper, but by mistake the following year some coins were minted in steel again. These coins are considered even rarer.

• Year: 1944
• Estimated Number: 30
• Identification: Steel color, Wheat design

3. 1856 Flying Eagle Cent

This design only existed for three years, and the 1856 version is the rarest.

• Year: 1856
• Estimated Number: Less than 100
• Identification: Eagle flying on front and garland on back

4. 1969-S Doubled Die Obverse Lincoln Cent

This coin had a mis-used die during printing, which created a double image in its design.

• Year: 1969
• Mint Mark: S (San Francisco)
• Estimated Number: 40-50
• Identification: Obvious doubling of date and letters

5. 1992 Close AM Lincoln Cent

In 1992, some coins were accidentally made with a new design, where the distance between the ‘A’ and ‘M’ in the word “AMERICA” was less than normal

• Year: 1992
• Estimated Number: Less than 20
• Identification: The “A” and “M” in “AMERICA” are too close to each other

6. 1958 Doubled Die Wheat Penny

1958 was the last year of the wheat design and a few coins were produced with a doubled die error.

• Year: 1958
• Estimated Number: 30-40
• Identification: Obvious doubling in the date and “LIBERTY”

7. 1909-S VDB Lincoln Cent

This was the first coin in the Lincoln Cent series and was issued in very small numbers.

• Year: 1909
• Mint Mark: S (San Francisco)
• Estimated Number: 484,000 (but very few are still in circulation)
• Identification: Letters “VDB” on the back of the coin

8. 1955 Doubled Die Lincoln Cent

This doubled die coin is one of the most popular error coins in the world.

• Year: 1955
• Estimated Number: 20,000-24,000
• Identification: Doubled effect in all letters on the front of the coin

9. 1922 No D Lincoln Cent

In 1922, pennies were only made in Denver, but some coins were mistakenly missing the “D” mint mark.

• Year: 1922
• Estimated Number: 10,000-15,000
• Identification: Absence of “D” mint mark

10. 1943-D Copper Wheat Penny

This rarest copper coin of 1943 was minted at the Denver Mint and there is only one known example of it in the world.

• Year: 1943
• Mint Mark: D (Denver)
• Estimated Number: 1
• Identification: Copper color, “D” mint mark, date of 1943

Do you have a rare coin?

If you want to find such coins in your pocket or old safe, keep the following things in mind:

✅ Look carefully at the date and design of the coins.

✅ Check for mint marks and other features with a good magnifying glass.
✅ Look for variations in the coins’ weight and color.
✅ If you find a rare coin, contact an expert to have it authenticated.

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Conclusion: Could One of These Coins Really Be Worth $112 Million?

While these coins are extremely valuable, the $112 million figure may be a bit exaggerated. In reality, the most expensive penny ever sold was the 1943-D Copper Wheat Cent, which sold for $1.7 million in 2010.

Still, finding coins and learning about their history can be a thrilling experience. Who knows, maybe a simple coin in your pocket could make you a millionaire!

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