These are the pennies that can be worth more than $100,000
A penny saved is a penny earned, but in the case of these special ones, they could make you rich. Here’s which pennies collectors say are worth over $100K.
There are treasures that very few people know about, which could be within your reach and you don’t know that you have them. In recent years several pennies or dollar bills have seen their value increase. Some coins have been auctioned at astronomical prices, with the one engraved with the face of former United States President Abraham Lincoln fetching upwards of $1.7 million.
Many times these treasures have their origin in bad reproductions or incomplete coinages by the country’s Mint. Mistakes that have ended up making millionaires out of those lucky enough to have one of them in their possession. Valuable errors may include from the planchet, incorrect value put on the wrong type of blank coin, from the die, there is a flaw with the lettering, numbers, and image, or strike when the image isn’t placed correctly on the planchet.
These are the pennies that can be worth more than $100,000
In recent years, the currency of the country’s former president has acquired the label of being the ‘Holy Grail’ of coins. Minted in 1943, this coinage is considered one of the spectacularly rare coins in the country’s history, according to Numismatic Guaranty Company. In 2010, a 1943-D Lincoln Bronze Cent sold at auction for $1.7 million but it is one-of-a-kind, believed to be the only one produced at the Denver mint. However, others were produced by mistake during the minting process at the San Francisco and Philadelphia Mints. There are thought to be about 20 bronze 1943-D pennies floating around.
Over the past four year, four high-value pennies have been sold with the cheapest costing $66,000 on August 24, 2022 and the most expensive costing $114,000 on June 17, 2021.
There are other coins, even rarer, such as the Roosevelt dime minted in 1975, which can have an auction value of more than $400,000. The ‘millionaire’ error comes at the time of manufacturing, where there is a mistake on both sides of the faces.
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