These 40+ Pennies Are Worth Over $20 Million

This article appeared in The Funews and has been published here with permission.Coin collecting has captivated enthusiasts for ages, serving both as a pastime and an investment opportunity. Explore these precious pennies and discover the reasons behind their collective worth of millions.

1804 Silver Dollar Class I — $4.1 million

The 1804 Silver Dollar, often referred to as the “King of Coins,” is categorized into three distinct classes, with Class I fetching approximately $4.1 million at auction.

Heritage Auctions, HA.com

Even though this coin bears the date 1804, it was actually produced later, specifically after the 1830s. The obverse features an image of Lady Liberty along with the word “liberty,” while the reverse showcases a golden eagle surrounded by 13 stars.

1922-D Lincoln, No D, Strong Reverse, Die Pair 2 — $63,000

This coin weighs in at 3.11 grams and is composed of copper, tin, and zinc. Similar to the previous coin, it also lacks a mint mark, a result of a malfunctioning die at the Denver Mint.

Heritage Auctions, HA.com

The newly created head die accounts for the crisper design seen on the reverse compared to the front of the coin. Among its various iterations, Die Pair II is regarded as the “authentic” version. This particular piece fetched $63,000 at an auction in Baltimore in 2018.

1873 Doubled ‘Closed 3’ Indian Head Penny — $12,650

The Indian Head one cent penny features two distinct design variations. Its uniqueness is highlighted by the space in the numeral ‘three’ of the year “1873.” A pronounced gap indicates an “Open 3,” whereas a narrower gap is classified as a “Closed 3.”

Stacks and Bowers Galleries

Due to its distinctive double appearance and a limited mintage of just one million, the “Closed 3” Indian Head penny commands a greater value than one might anticipate. Weighing 3.11 grams and composed of copper, tin, and zinc, this rare coin fetched a price of $12,650 at sale.

1914-S Lincoln Penny — $105,800

The 1914-S Lincoln Penny is a bronze coin featuring a diameter of 19 mm and a weight of 3.11 grams. Its elevated copper content contributes to its vibrant red hue, which has remained intact thanks to limited circulation and excellent preservation techniques.

Coin Trackers

The 1914-S Lincoln Penny, among more than four million produced in San Francisco, garnered significant attention when it was auctioned in August 2006. Retaining its original red hue, this particular coin fetched an impressive $105,800 for its previous owners, Bowers and Merena.

1907 Golden Eagle Wire Edge — $2.8 million

Created by Christian Gobrecht, the Ten Dollar Liberty Head Gold Eagle was produced from 1838 until 1907. This coin was in circulation for an impressive 69 years, establishing it as one of the most widely circulated coins in American history. The front of the coin features a stunning depiction of Lady Liberty, who is adorned with a Coronet that bears the inscription “Liberty.”

Stacks and Bowers Galleries

On the back, there is a majestic heraldic eagle depicted. Given the scarcity of the final mintage available in a graded mint state of 64, this coin holds significant worth. In fact, one specimen was auctioned off in 2017.

1793 Flowing Hair Liberty Cap Large Cent Penny — $19,950

The 1793 Flowing Hair Liberty Cap Large Cent Penny, valued at $19,950, features a beautiful depiction of Miss Liberty and comes in several variations. This particular design, known as type III, was released toward the end of 1793 and was created to commemorate the American Revolutionary War.

Stacks and Bowers Galleries

The designated weight for the coin was originally set at 13.48 grams, although it was later decreased to approximately 11 grams. This alteration resulted in numerous coins featuring smooth edges, a trait that would become uncommon in subsequent years. Recently, this copper large cent was auctioned on eBay for an impressive $19,950.

1922 Lincoln No D Strong Reverse and Weak Obverse Wheat Penny — $48,000

Among the three variations, this particular coin stands out distinctly. The front side features crisp edges around the portrait, a result of the new die, in contrast to the previously blurred image that appeared on the obverse.

Heritage Auctions, HA.com

The coin lacked a mint mark, and the quantity of verified pieces is lower than the true mintage because NGC declined to attribute it for over 15 years. Who would have thought that this 3.11-gram bronze penny could fetch a staggering $48,000?

2007 C$1M Coin — $4.1 million

Presenting a coin whose value is as impressive as its dimensions. The massive 2007 C$1M coin, weighing in at an astounding 100 kg, is crafted from 99.999% pure gold and stands as one of the most iconic coins in history.

Dorotheum

Although the coin had a nominal value of only one million dollars, it fetched an impressive $4.1 million at auction. This particular piece was created by the Royal Canadian Mint for a special event, which explains the significant increase in its sale price.

1969 S Lincoln Penny Doubled Die Obverse — $126,500

This copper-zinc penny, weighing approximately 3.11 grams, was struck in San Francisco. The double image seen on this coin may have resulted from inadequate die preparation. What adds to its uniqueness is that in 1970, individuals began to counterfeit this doubled die penny in an attempt to profit from its value.

Heritage Auctions, HA.com

In an effort to prevent any repercussions, the government destroyed five coins. Subsequently, in January 2008, a pristine, red-brown double die obverse Lincoln penny fetched an impressive $126,500 at auction.

1913 Liberty Head Nickel — $4.5 million

The 1913 Liberty Head Nickel ranks among the world’s most precious coins. Its astonishing value stems from the fact that only five specimens were released to the public, with all others being destroyed. Over the years, speculation has arisen about the existence of a potential sixth coin, but no definitive evidence has emerged to support this claim.

Stacks and Bowers Galleries

The most exceptional 1913 Liberty Nickel was appraised at a minimum of $5 million and was sold for that amount in 2007. However, in 2018, the coin changed hands again, fetching a price of just $4.56 million.

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