Top 50 Most Valuable Pennies In History

Treasure Town
27 Apr 202320:49
EducationalLearning
32 Likes 10 Comments

TLDRThis video from Treasure Town explores the top 50 most valuable U.S. pennies in history, highlighting unique errors and rare mint marks. Starting with the 1936 double die obverse at number 50, the list includes key dates like the 1909 S VDB Lincoln cent at number 40. Notable entries feature coins struck on incorrect planchets, such as the 1965 Lincoln cent on a silver dime planchet, and mule errors like the 1943 S Lincoln cent on a dime planchet. The top spot is held by the 1958 double die obverse penny, recently selling for over a million dollars. The video serves as an educational guide for collectors and enthusiasts, emphasizing the excitement of discovering these treasures.

Takeaways
  • πŸ† The video presents a countdown of the top 50 most valuable U.S. pennies, highlighting unique and rare coins.
  • πŸ” The 1909 S VDB penny, with the initials of the engraver Victor David Brenner on the reverse, is ranked at number 40 due to its rarity and historical significance.
  • πŸ’° The 1936 double die obverse penny is valued between $100 to $8,000, depending on condition, and is identified by doubled serifs and distorted numerals.
  • 🌾 Wheat cents, minted from 1909 to 1958, have key dates like 1909 S, 1909 D, and 1931, with semi-key dates also holding significant value.
  • πŸ—οΈ Errors such as double die obverse, die breaks, and overstrike coins can significantly increase a penny's value, with some examples selling for thousands of dollars.
  • 🏭 Minting errors like the 1955 double die obverse Lincoln cent, which features strong doubling visible to the naked eye, are highly sought after by collectors.
  • πŸŽ‰ The video emphasizes the excitement of finding valuable coins like the 1969 S Lincoln cent double die obverse, which can be worth tens of thousands of dollars.
  • 🚫 The 1974 aluminum penny is illegal to own, but an aluminum 1974 one centimo planchet from the Philippines is a legal and valuable alternative.
  • 🏡️ The 1943 steel pennies, struck during World War II for metal conservation, are notable for their rarity and can be worth hundreds of thousands of dollars.
  • πŸ₯‡ The top coin mentioned is a 1958 double die obverse penny, which sold for over one million dollars, showcasing the potential value of even recent coins.
  • 🌟 The video encourages viewers to subscribe for more educational content on numismatics and to visit treasuretown.com for coin deals and collectibles.
Q & A
  • What is the ranking of the 1909 S VDB penny in the top 50 most valuable pennies in U.S. history?

    -The 1909 S VDB penny is ranked number 40 in the top 50 most valuable pennies in U.S. history.

  • What is the phenomenon known as 'doubling' in the context of coin production?

    -Doubling refers to a minting error where the dies used to strike coins are doubled, resulting in the coin's design appearing twice or with doubled features.

  • What is the starting price range for the 1936 double die obverse penny?

    -The 1936 double die obverse penny starts at about $100 and can range up to about $8,000 in nicer condition.

  • What are wheat cents and what years were they minted?

    -Wheat cents are U.S. one-cent coins featuring a wheat design on the reverse. They were minted from 1909 to 1958.

  • What are key and semi-key dates for wheat cents, and why are they valuable?

    -Key and semi-key dates for wheat cents refer to specific years that are rare or have a lower mintage, making them more valuable. Key dates include 1909 S, 1914 D, and 1931, while other dates from the same period are considered semi-keys.

  • What is a double die obverse proof coin, and why is it valuable?

    -A double die obverse proof coin is a specially minted coin for collectors with a double die obverse error, where the design appears doubled. It's valuable due to its rarity and the fact that it was not meant for circulation but still contains the error.

  • What is the value of a 1917 double die obverse penny?

    -A 1917 double die obverse penny can be worth between $350 to $6,000, depending on its condition.

  • What is the significance of the 1909 S VDB Lincoln penny, and why is it ranked number 40?

    -The 1909 S VDB Lincoln penny is significant because it was the first year of the Lincoln penny's minting and had a low mintage. The initials 'VDB' of the engraver Victor David Brenner were initially placed prominently on the reverse, which was later removed due to public outcry. Its rarity and historical significance contribute to its ranking.

  • What is the value of a 1955 Lincoln cent with a double die obverse?

    -A 1955 Lincoln cent with a double die obverse is worth thousands of dollars due to its strong and visible doubling, which is highly collectible.

  • What is an overstruck coin, and how much did a specific 1960 D example sell for?

    -An overstruck coin is one that has been struck again on an existing coin, resulting in a double or altered design. A specific 1960 D overstruck coin sold for $4,600.

  • What is the significance of the 1943 S Lincoln cent struck on a dime planchet, and how much did it sell for?

    -The 1943 S Lincoln cent struck on a dime planchet is significant because it is a mule coin, a rare error where a cent obverse is struck on a dime planchet. It sold for $51,750.

  • What is the number one most valuable penny on the list, and what is its value?

    -The number one most valuable penny on the list is a double die obverse coin from 1958, which recently sold for over one million dollars.

Outlines
00:00
πŸ† Top 50 Valuable Pennies in U.S. History

Christian from Treasure town introduces a countdown of the top 50 most valuable pennies in United States history, highlighting the 1909 S VDB at number 40. The summary includes the 1936 double die obverse penny, key date wheat cents, and proof coins with errors like the 1917 double die obverse. The list features various errors such as die breaks and overstrike coins, emphasizing the value of rarity and condition.

05:02
πŸ” Rare Coin Errors and Their Value

The video script delves into specific errors found on pennies, such as the 1992 Lincoln cent with a close AM, struck on feeder finger coins, and overstrike errors. It discusses the significance of certain mint marks, the value of off-metal strikes, and the historical context of coins like the 1971 S penny on an aluminum planchet. The paragraph also mentions the high value of certain overdates and the 1989 D Lincoln cent struck on a pre-1983 copper planchet.

10:03
πŸ’° High-Value Error Coins and Mule Errors

This section of the script covers high-value error coins, including the 1982 D transitional strike, obverse die breaks, and coins struck on silver dime planchets. It also discusses reverse brockage errors and the famous 1969 S Lincoln cent double die obverse. The paragraph highlights mule errors, where coins are struck with mismatched planchets and dies, such as the 1981 Ascent on a Kennedy half dollar and the 1943 S Lincoln cent on a dime planchet.

15:05
🏡 Ultra-Rare and Valuable Penny Varieties

The script presents ultra-rare penny varieties, including the 1943 steel cent struck on a bronze planchet, the 1944 San Francisco Mint penny on leftover steel planchet, and the 1856 Flying Eagle cent. It mentions coins struck on foreign coinage planchets and the high value of mule coins, such as the 1859 Indian head cent struck on a quarter eagle gold planchet. The paragraph culminates with the 1933 D Lincoln cent struck with a dime reverse die, known as a mule coin.

20:05
πŸ₯‡ The Most Valuable Penny Coin Ever

The final paragraph of the script reveals the most valuable penny coin ever sold, a 1958 double die obverse penny, which sold for over one million dollars. It discusses the rarity and the clear doubling on the coin that makes it highly sought after. The script also provides an honorable mention to the 1959 D wheat penny and encourages viewers to subscribe for more educational content on numismatics from Treasure town.

πŸ“š Conclusion and Call to Action

Christian concludes the video by emphasizing the value and historical significance of the coins listed, suggesting that each could be a centerpiece of a coin collection. He invites viewers to subscribe for more videos, like, comment, and visit treasuretown.com for updates and deals on coins and collectibles. The aim is to educate viewers from a good numismatic perspective without too much hype, while keeping the content exciting.

Mindmap
Keywords
πŸ’‘Double Die Obverse
Double Die Obverse refers to a minting error where the obverse die (the side of the coin with the portrait or emblem) is doubled, resulting in a coin with a doubled image. This error is a significant theme in the video, as it is mentioned in relation to several valuable coins, such as the 1936 penny at number 50 and the 1955 Lincoln cent at number 39. The script describes how these errors can increase the value of a coin significantly, with some examples selling for thousands of dollars.
πŸ’‘Wheat Cents
Wheat Cents are a type of U.S. penny minted from 1909 to 1958, featuring a reverse design with two wheat stalks. The video discusses these coins as a key area to look for valuable errors, such as the 1909 S VDB Lincoln cent at number 40, which is a notable example of a Wheat Cent with a low mintage and a controversial initial mark by the engraver. The script also mentions key and semi-key dates for Wheat Cents, which are important for collectors and can have substantial value.
πŸ’‘Mint Mark
A Mint Mark is a small letter on a coin that indicates which U.S. Mint facility produced it. In the video, the mint mark is discussed in the context of the 1909 S VDB Lincoln cent, where the 'S' signifies the San Francisco Mint. The absence of a mint mark typically indicates the Philadelphia Mint. The script highlights the importance of mint marks in determining the rarity and value of certain coins, such as the 1908 S and 1909 S Indian Head pennies.
πŸ’‘Key Dates
Key Dates in coin collecting refer to years with particularly low mintage numbers, making the coins from those years more scarce and valuable. The video script mentions 'Key 09s 14d and 31s' as important key dates for Wheat Cents, and the 1877 Indian Head cent as a significant key date. These dates are crucial for collectors seeking to add valuable coins to their collections.
πŸ’‘Semi-Key Coins
Semi-Key Coins are those that are not as rare as key dates but still have a lower mintage than common issues, making them more valuable than typical coins of the same type. The script lists the 1909 S VDB Lincoln cent as a semi-key coin due to its lower mintage and the controversy surrounding the initials of the engraver, which adds to its desirability among collectors.
πŸ’‘Die Breaks
Die Breaks occur when the metal of the die used to strike coins chips or cracks, leading to an irregularity on the coin's surface. The video mentions die breaks in relation to the 1979 coin at number 45, where a significant die break sold for over a thousand dollars. This concept is important as it highlights another type of minting error that can increase a coin's value.
πŸ’‘Mule Coin
A Mule Coin is a rare error coin that has been struck with a planchet intended for a different denomination or design. The video discusses mule coins such as the 1933 D Lincoln cent with a dime reverse die at number 13, and the 1859 Indian Head cent struck on a quarter Eagle gold coin planchet at number 11. These coins are highly sought after by collectors due to their unique nature and rarity.
πŸ’‘Overdate
An Overdate is a minting error where a die with a previous year is used and then over-struck with a new date. The script mentions the 1888 Overdate Indian Head cent as an example, where an '8' was punched over a '7'. Overdates are significant to collectors because they represent a unique and rare minting error.
πŸ’‘Planchet
A Planchet is a blank disk of metal that is struck to create a coin. The video discusses various types of planchets, such as the zinc planchet used in 1943 and the bronze planchet used in 1944. The type of planchet can affect a coin's value, as seen with the 1943 bronze planchet coin at number five, which sold for a significant amount due to its composition and rarity.
πŸ’‘Brockage
Brockage is a minting error that occurs when a coin is struck onto the surface of a die, leaving a mirror image of the coin's design on the die. This image can then be transferred to subsequent coins. The video mentions a reverse brockage at number 22, where a 1973 S cent was struck onto a reverse die, resulting in a unique error coin that sold for a high price.
πŸ’‘Off-Center Strike
An Off-Center Strike is a minting error where the coin is not properly aligned with the die, resulting in a portion of the coin not being struck. The video mentions an off-center strike in the context of the 1888 struck on a Philippines five centimo planchet at number 28. This error can make a coin more desirable to collectors, as it is a distinctive and unusual feature.
Highlights

Introduction to the top 50 most valuable pennies in U.S. history, including the 1909 S VDB at number 40.

1936 double die obverse penny with distinctive doubling features, valued between $100 to $8,000.

Key date wheat cents from 1909-1958, with specific years like 1909 S VDB and 1909 S being highly valuable.

Proof coin errors from the San Francisco mint, such as the double die obverse on a 1917 penny.

1972's unique double die obverse versions with significant value.

1979 die breaks on pennies that can be worth over a thousand dollars.

1970 double die obverse penny with strong north-south doubling, having a higher value floor.

Indian head pennies from 1859 to 1909, with 1908 S and 1909 S being particularly sought after.

1922 no D mint mark penny with a weak reverse, starting at around $750 in value.

1877 Indian head cent as a key date in the series, worth at least half a thousand dollars.

1909 S VDB Lincoln cent, a rare coin due to low mintage and controversy over the initials on the reverse.

1955 Lincoln cent with a double die obverse, known for its strong doubling and high value.

Lincoln cent struck onto a New Hampshire quarter, an error coin that sold for $13,200.

1992 close AM Lincoln cent, a variety with the A and M letters closer together, valued up to $10,000.

1992 D close AM Lincoln cent, similar to the 1992 close AM but with a different mint mark.

Struck on feeder finger error, a rare type of error where an aluminum piece gets struck with a coin.

Overstruck coin from 1960 D, an error where a coin is struck again, sometimes with rotation.

1983 transitional planchet penny, a heavier coin made from leftover bronze planchets.

1974 S aluminum penny, an error coin made from an aluminum planchet meant for another country.

1999 Lincoln cent struck on an older 1980 D Roosevelt dime, a double denomination error.

1888 overdate Indian head penny, an eight over seven error, rare and valuable.

1989 D Lincoln cent struck on a pre-1983 copper planchet, a valuable transitional error.

1971 S Lincoln cent on an aluminum planchet, another example of an underweight error coin.

1982 D transitional strike penny, an error involving the wrong planchet and date combination.

1965 Lincoln cent on a silver dime planchet, a unique error from the brief period of silver coinage.

Reverse brockage 1973 S Lincoln cent, an error where the reverse of one coin is imprinted on another.

1969 S Lincoln cent double die obverse, a famed error with a strong doubling and high value.

1981 Ascent on a Kennedy half dollar planchet, an unusual error from the mint.

1943 S Lincoln cent on a dime planchet, a famous error from the zinc and steel planchet period.

Striking on a Virginia quarter error from 2000, a mated pair error involving two coins.

1856 Flying Eagle cent, the first small size U.S. cent, with limited edition runs.

Struck on a sacage away dollar, a high-value error coin from the early days of U.S. coinage.

1943 Lincoln cent on a Cuban one centavo coin planchet, a mule error with a clear undertype.

1933 D Lincoln cent struck with a dime reverse die, a mule coin with a high sale value.

1859 Indian head cent on a quarter Eagle gold coin planchet, a very rare and valuable mule coin.

1944 Lincoln cent on a leftover zinc-coated steel planchet, a rare error from the transition year.

2001 D Lincoln cent with a dime reverse, a rare error with a high sale value.

1999 Lincoln cent muled with a dime reverse, another rare combination with a high value.

Aluminum 1942 cent, a pattern coin that was retained in private hands and sold for $200,000.

1943 bronze planchet Lincoln cent, a classic error coin with a high value and historical significance.

1944 San Francisco Mint Lincoln cent on a leftover bronze planchet, in exceptional condition.

1943 S Lincoln cent, a rare coin with significant value, especially in nice condition.

1943 D Lincoln cent, once traded for $1.7 million, reflecting its high desirability and value.

Double die obverse 1958 wheat penny, a rare and valuable coin with strong doubling features.

Honorable mention of the 1959 D wheat penny, not certified but a potential contender for the list.

Transcripts
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