Could Your Pennies Be Worth a Fortune?

Most people ignore pennies — but a few rare Lincoln cents have sold for hundreds of thousands to over $1.14 million at auction
These coins are still discovered in old collections, rolls, and inherited jars. Below is a step-by-step guide to the most valuable pennies ever sold and how to identify them.
1. 1922 “No D” Lincoln Penny (Value: $275,000+)
Why This Penny Is So Valuable
- One of the rarest regular-issue Lincoln cents
- Mint error caused by over-polished dies
- Produced at the Denver Mint, but missing the “D” mint mark
- Only a small number of authentic examples exist today
How to Identify It
Date must read 1922
No mint mark below the date
Strong wheat ears on the reverse (weak details reduce value)
Recent Sale: $275,000 (graded MS-64)
2. 1955 Doubled Die Obverse Penny (Value: $288,000+)
Why Collectors Want It
- The most famous doubled-die error in U.S. coin history
- Doubling is visible without magnification
- Approximately 20,000 coins escaped before discovery
How to Identify It
Clear doubling on LIBERTY, IN GOD WE TRUST, and the date
No mint mark (Philadelphia issue)
Recent Sale: $288,000 (MS-65+ Red)
3. 1958 Doubled Die Obverse Penny (Value: $1.14 Million
)
Why It’s Legendary
- One of the most dramatic doubled dies ever known
- Doubling appears across all obverse lettering
- Only 2–3 top-condition examples are confirmed worldwide
How to Identify It
Strong doubling on IN GOD WE TRUST and the date
No mint mark (Philadelphia Mint)
Record Sale: $1,140,000 (MS-65 Red)
How to Check If Your Pennies Are Rare (Step by Step)
Use a 10× magnifier to inspect lettering and numbers
Compare your coin with PCGS or NGC reference images
Weigh the coin — 3.11g for copper pennies
Handle only by the edges or with cotton gloves
What to Do If You Find a Rare Penny
Place it in a protective holder immediately
Take high-quality photos under natural light
Submit to PCGS or NGC for authentication
Insure the coin before selling or shipping
Never clean or polish the coin — this destroys value instantly.
Beware of Fake or Altered Pennies
Watch out for:
Added or removed mint marks
Artificial “shelf-like” doubling
Cleaned or polished surfaces
Professional grading is the only safe verification method.
Final Thoughts
Rare pennies are still being discovered — sometimes worth six or seven figures.
Before you dismiss your pocket change, take a closer look
That ordinary penny could be a life-changing coin
