Rare & most expensive pennies

Discussion in 'What's it Worth' started by mfboss, Feb 18, 2014.

  1. mfboss

    mfboss Member

    What are the most rare & expensive pennies all you guys look out for?
     
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  3. rickmp

    rickmp Frequently flatulent.

    The 1908 Lincoln Cent. :rolleyes:
     
    Last edited: Feb 18, 2014
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  4. dsmith23

    dsmith23 Gotta get 'em all

    Your redbook should have all the mintages so you can see what's the rarest, and in the back they have the highest realized auction records so you can see the most expensive.
     
  5. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    it don't exsist I never seen one.. I highly doubt it
     
  6. dsmith23

    dsmith23 Gotta get 'em all

    That makes it rare. ;)
     
  7. mfboss

    mfboss Member

    I havnt got my red book yet already ordered it tho :)
     
  8. rickmp

    rickmp Frequently flatulent.

    I edited my post. I had forgotten to enter an emoticon.
     
  9. medoraman

    medoraman Well-Known Member

    Like others have said, the Redbook is your best friend for collecting US coins. If you get into errors or varieties, you will want to get the Cherrypickers guide for the series you hunt for.
     
  10. mfboss

    mfboss Member

    So the red book is for rare coins? & cherry picker is for errors
     
  11. medoraman

    medoraman Well-Known Member

    Redbook for all US coins. It gives you mintages, history, pricing (estimates), etc. All basic information on US coins is in that book. Cherrypickers shows and lists for you all known varieties for particular series of coins. So, if you are interested in Lincoln cents, get Vol I of the Cherrypickers guide and they show you all known varieties for lincoln cents.
     
  12. jerryc39

    jerryc39 Well-Known Member

    you need to specify what type of penny you mean. Some of the early large cents are huge bucks in good condition. one year of Flying eagle is huge bucks and rare. Some key date Indians are huge bucks as well. All series have key dates that are pricey. Just go to Numesmedia price guide to find rare years and approx values.
     
  13. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    Also, rare and expensive aren't necessarily the same thing. A great example of this is the most popular regular issue Lincoln Cent...the 1909-S VDB. It has the lowest mintage of any business strike Lincoln Cent (at 484,000) and is among the most valuable. However, nearly any coin shop in the US has one for sale and at almost any large coin show you might see hundreds of them. It's certainly not rare...but it's popularity drives the price up.
     
  14. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Actually, sir, and if I may; Cherrypickers does not show all known varieties for Lincolns or other series. In reality, it is a sampling of the more major, popular, valuable, and obtainable varieties, but is far from complete. However, since the OP is asking about which are valuable, the book is a fine suggestion even if the info within can usually be found elsewhere online.

    You shouldn't have had to. ;)
     
  15. medoraman

    medoraman Well-Known Member

    Yes, fair enough. Of course it will never be able to be as inclusive as a good specialist book, but close enough for a beginner I thought.
     
  16. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Of course, and it certainly was. I simply felt that because this gentleman is new (or appears to be so), it was a reasonable addition to an otherwise fine and helpful post, especially if he has or may develop an interest beyond the more valuable dates and/or varieties. :)
     
  17. mfboss

    mfboss Member

    Thank you guys & yes I'm after the rare ones or most expensive pennies out there for one reason only to help my parents out
    & I still get to collect my coins to but I want to keep an eye out for them :)
     
  18. coinman1234

    coinman1234 Not a Well-Known Member

    These are some rare dates off the top of my head. I know there are more, but these are the most well know.

    Small Cent Key Dates:

    Flying Eagle Cents:
    1856

    Indian Head Cents:
    1864 L on head dress
    1877
    1886 type one, or type two
    1908s
    1909s


    Wheat Cents:
    1909s
    1909s vdb
    All of the cents from 1910-1914 with mint marks
    1914d
    1922d
    1922 weak "D"
    1922 no "D"
    1943 (p),(d),(s) copper cent (You will not find one under $500,000-$1,000,000:))
    1944 (p),d),(s) steel cent (A bit more rare then the 1943 copper cent, yet less known)
    1955p Doubled Die Obverse

    Memorial Cents:
    1969s Doubled Die Obverse (Extremely rare)
    1972 Doubled die Obverse
    1984 Doubled Ear
    1988 Doubled Ear
    1992 close "AM, in America" (Extremely rare)
    1995 Doubled Die Obverse
    1997 Doubled Ear
    1998 wide "AM, in America"
    1999 wide "AM, in America"
    2000 wide "AM, in America"
     
  19. mfboss

    mfboss Member

    Thanks coin man I got $100 worth in pennies I will try to go thru all of them tonight hopefully I find some good stuff :)
     
  20. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    There is, of course, nothing wrong with keeping an eye out for more valuable coins. However, and with all due respect, searching with the hopes of a worthwhile profit (as opposed to doing it for enjoyment) is likely to be an exercise in futility. When looking through rolls, you're almost certainly not going to find a highly valuable non variety date. If searching for varieties, you must know what you're doing or be willing to make a substantial time investment to learn, but even then the chances of finding anything truly valuable in rolls is extremely small. I don't know your situation or why you need to help your parents, but unless you've time to burn, and/or if money is that important, you will be better off finding some other way to make it.
     
  21. coinman1234

    coinman1234 Not a Well-Known Member

    Keep your eye out for pennies before 1982 (they are made out of 95% copper), they are worth 3 cents in copper, Whereas new pennies, are made of copper plated zinc, worth only .5 cents.
     
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