The End of the Penny? Here’s What You Need to Know About Valuable Pennies in Your Change
Recently, Donald Trump announced that the penny is being canceled. This major development could have a significant impact on the future value of pennies, especially the rare and valuable ones that many of you may have in your collection—or might find in your change!
While we all wait to see how this decision will unfold, it’s a good time to take a closer look at your pennies. Some of the coins you find could be worth far more than their face value.
Key Pennies to Watch Out For:
1. The 2021 Penny – A Major Error!
If you haven’t been keeping an eye on your 2021 pennies, it’s time to start. Many of these coins have a huge crack across them, making them incredibly rare and valuable. This type of error is often sought after by collectors, and one just sold for over $1,000!
So, next time you see a 2021 penny in your pocket, inspect it closely. You might have a valuable find that could turn out to be worth a lot more than a penny!
2. The 2023 Penny – The VDB Error
The 2023 pennies are another group you should be looking for. Some of these pennies feature the VDB designer initials on the bottom left of the coin. While most of these pennies are standard, keep an eye out for one with an additional V over the D and B. This small but significant error makes the penny worth far more than face value.
For an ungraded VDB error penny, you’re looking at around $50. However, if you get it certified, it can fetch up to $260 or more, depending on the condition. You can certify your errors through PCGS submission guide for the best value.
3. The 1984 Penny – Double Earlobe Error
Here’s another one that you won’t want to miss: the 1984 penny with a double earlobe error. This error occurs on the Lincoln cent where the design mistakenly shows two earlobes on the portrait of Abraham Lincoln. It’s a rare find, and one of these just sold for an impressive $191!
Why This Announcement Matters to Collectors
With the official cancellation of the penny looming, now is the time to inspect your change. This move could make existing pennies even more valuable as collectors and investors rush to get their hands on rare coins before they disappear from circulation entirely.
As these announcements unfold, we could see the collectible penny market explode. Keep your eye out for these specific errors, and don’t let these valuable pennies slip through your fingers.
Final Thoughts
Make sure you save this post as a handy reference. You never know when you might find a rare 2021 penny, a 2023 VDB error penny, or a 1984 double earlobe penny. Collectors are already paying top dollar for these, and now that the penny is being canceled, these rare finds could become even more valuable!
If you come across any of these coins, remember to certify them for maximum value and check back often for more tips and updates.
