The mix of “copper” and “penny” may not appear as the most effective recipe for
valuable coins
given that you might discover higher denominations in gold and silver. However, locating the appropriate copper coin remains elusive.
has the potential to turn you into a millionaire
.
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Except for rare cases, copper coins in the U.S. typically refer to one-cent pennies — often those adorned with Abraham Lincoln’s image. The most valuable ones
Lincoln penny
is valued at $2 million in the collector’s market, with numerous others fetching five or six-figure sums.
The worth of copper coins, like all coins, hinges on their rarity and condition. Coins exhibiting minting flaws or distinct characteristics often command higher prices, similar to those preserved in pristine or nearly new states.
As The Spruce Crafts pointed out, numerous enthusiasts of
U.S. coins
It started with the Lincoln penny and removed the majority from general circulation. Due to their limited availability, acquiring top-quality specimens typically requires visiting a coin dealer or participating in an auction. This situation led to increased demand—and consequently higher prices.
Here’s an overview of five copper items
coins with substantial monetary value
.
Generating extra money can easily be straightforward.
You may begin this week.
1943 Bronze Cent (Wheat Penny)
The CoinValue website refers to this as the “rarest and most valuable wheat penny with an error.” It currently holds the record for the highest-priced wheat penny ever sold, fetching $1.7 million; however, it is
valued at $2.3 million
In pristine uncirculated condition, most of these items can be purchased or resold within a price range of approximately $14,000 to $300,000.
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1982-D Lincoln Cent (Copper Small Date)
There are several uncommon aspects about this particular coin. Firstly, it has mistakes related to numerical values. Secondly, during 1982, it wasn’t intended to use copper; however, due to leftover copper blanks at the U.S. Mint, they accidentally produced these coins using zinc instead, as stated by CoinValue. The value of such coins can vary between $10,000 and $30,000 or even higher.
1909-S VDB Lincoln Penny
In 1909, the U.S. Mint swapped out the Indian Head penny for the Lincoln cent as noted by The Spruce Crafts. Before this changeover, fewer than half a million coins had been struck until the Treasury Department insisted on removing the initials from the design; specifically, those of creator Victor David Brenner’s VDB initials located between two wheat ears generated significant interest amongst coin enthusiasts. A single piece in pristine shape can now fetch over $117,000 today.
1872 Indian Head Penny
Over 4 million pieces were produced with the majority entering general circulation. According to The Spruce Crafts, what renders specific coins from this year scarce is their “superb preservation.” Many of these higher-value specimens remain in such pristine shape that they retain their initial vibrant reddish copper hue. Coins like these, which exhibit exceptionally fine conditions—such as being graded MS-67, indicating top-level uncirculated status—are appraised at around $126,500 each.
1969-S Lincoln Cent with Doubled Die Reverse
Here’s another coin with a value of $126,500 (at minimum in MS-64 grade), primarily because of doubling on the date and lettering on the front side. These errors were identified back in 1970. Initially, the U.S. government thought these were fake coins and started seizing them, according to The Spruce Crafts. A total of five coins were seized and destroyed prior to being recognized as authentic.
Editor’s note: The article has been revised to indicate that the 1982 coin is a Lincoln penny rather than a wheat penny.
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5 Copper Coins Valued at High Prices
