Question: Is A 1942 Penny Rare?

What year is a penny worth 1 million dollars?

1943A Massachusetts man’s rare 1943 Lincoln penny could be worth over a million dollars.

The 1943 penny was minted in steel due to Copper being a valuable material for the war effort..

What is the highest paid penny?

1. 1943-D type Lincoln Bronze Penny – $1.7 million. The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny that had been struck on a bronze planchet. The penny was in uncirculated condition.

Is a penny from 1942 worth anything?

CoinTrackers.com has estimated the 1942 Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $3.

How much is a 1942 d wheat penny worth today?

CoinTrackers.com has estimated the 1942 D Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $5.

What year penny is worth $1000000?

A man’s rare penny he kept for decades could be worth over $1 million. A penny is only worth a cent, but not one found in Massachusetts in 1947. Fewer than 20 of the rare 1943 Lincoln pennies were ever made– and that was due to an error.

Is a 1951 penny rare?

Worn 1951 wheat pennies are generally worth less than 25 cents. However, uncirculated 1951 Lincoln cents and those struck as proofs are worth significantly more than face value. Other rare and valuable 1951 pennies are those that contain errors and varieties, such as: Doubled dies.

What makes a 1943 steel penny rare?

This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. The 1943 copper cents are extremely rare and valuable. Only a couple dozen pieces were made, and each is worth about $100,000.

Where is the mint mark on a 1942 penny?

In that respect, production of 1942 Lincoln Wheat Penny coins continued as normal, with nearly 1 billion Lincoln Pennies were minted; 657,796,000 at the Philadelphia Mint (no mintmark); 206,698,000 at the Denver Mint (mintmark: D); and 85,590,000 at the San Francisco Mint (mintmark: S).

How can you tell if a coin is rare?

Look for Errors Look for die cracks and missing elements. Pay special attention to the words and edges of images. Look for strike mistakes such as doubling, cracks or missing sections. Tilting the coin in the light may pick up errors you don’t see head-on.

What year is the most valuable penny?

1943The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

What is a 1942 penny made out of?

To this day, copper remains valuable — in fact, the pennies that are made now are comprised, primarily, of zinc and are only covered with a veneer of copper.

Are pennies without mint mark valuable?

1922 – no mint mark. … Unlike the other pennies without a mint mark, which normally means they were minted in Philadelphia, this series was supposed to have the ‘D’ mint mark! But they forgot it on some. Considerably valuable, as long as the condition is fair.

What pennies are worth saving?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

What does it mean when there is no mint mark on a coin?

Mintmark: A letter or other mark on a coin denoting the mint that manufactured the coin. … If the date of a US coin is written without a mintmark, it means that the coin has no mintmark and was (usually) minted in Philadelphia.

What is the rarest penny?

1943-D Lincoln Bronze Cent But the rarest of all is this single known example from the Denver mint. It is the most valuable penny in the world.

How many 1943 copper pennies have been found?

Approximately 40 1943 copper–alloy cents are known to remain in existence.

How do I know if I have a valuable penny?

Although many factors determine the exact value of a coin, you can quickly determine the value of your penny by knowing the date, mint mark, and grade.

What Penny is worth millions?

1943 Bronze Lincoln “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.