If you can find higher denominations in gold and silver, combining “copper” and “penny” may not seem like the best formula for valuable coins. But finding the right copper coin can make you a millionaire.
U.S. Copper is called the one-cent penny and is usually coins featuring Abraham Lincoln. The most valuable Lincoln Penny is currently valued at over $2 million.
The value of copper coins, like all coins, is based partly on scarcity and partly on condition.
Rare coins have minting errors or other unique characteristics and tend to bring high prices, as do coins that are minted or close to minting.
Spruce Crafts says that many collectors of American coins started with the Lincoln penny and took most of them out of circulation.
Because many coins have gone out of circulation. To find the best quality and rarest, you have to go to a dealer or auction and this creates high demand and high prices.
5 Copper Coins Worth Money
Here is a list of the Copper Coins Worth Money :
1943 Lincoln Penny
This is the “rarest and most valuable wheat penny with an error.”It holds the record for the most expensive sale among Lincoln pennies at $1.7 million, although, in the uncirculated mint condition, it is valued at $2.3 million.
Most of it can be bought and sold for anywhere from $14,000 to $300,000.
1982-D Lincoln Penny
This is a rare coin for a few reasons. It contains errors involving numbers. It was not supposed to be minted with copper in 1982.
Prices for the 1982-D Lincoln Penny range from $10,000 to $30,000.
1909-S VDB Lincoln Penny
According to the Spruce Crafts, the U.S. Mint replaced the Indian Head penny with the Lincoln cent in 1909.
The Treasury Department “demanded the removal of the initials” after just under half a million of these pennies had been produced.
This coin creates a huge demand among collectors and the coin is valued at $117,000 in top condition.
1872 Indian Head Penny
A little over 4 million of these were minted and most entered circulation. According to The Spruce Crafts, the “exceptional condition” of some coins of this date makes them rare.
Some highly valuable examples have been preserved to such an extent that their original bright reddish-copper color can still be seen.
These coins are valued at $126,500 and are in exceptionally excellent condition (for example the listed price is for MS-67 or higher mint condition).
1969-S Lincoln Penny-Doubled Die Obverse
Spruce Crafts first discovered the errors in the 1970s. The US government first recognized that these were counterfeit coins and began confiscating them.
This coin is worth $126,500 and much of that value is due to the doubling of the date and lettering on the obverse.
Five of the coins were seized and destroyed before they could be recognized as genuine.
You Can Also Read: The World’s 10 Most Valuable Coins
