What if the key to becoming a millionaire was already in your pocket? For some lucky collectors, that’s exactly what happened. A handful of extremely rare Lincoln pennies have skyrocketed in value—some fetching millions at auction. These coins, often discovered in old jars or pocket change, owe their worth to unique minting errors, limited production runs, or historic significance. Below are four Lincoln pennies that have made everyday people extraordinarily wealthy.
1943 Bronze Lincoln Penny
In 1943, pennies were supposed to be made of steel to save copper for World War II. But a few copper planchets were accidentally used. The result? The 1943 Bronze Lincoln Penny—one of the most valuable coins in U.S. history. Only a few are known to exist, and one sold for $1.7 million in a private sale. If your 1943 penny sticks to a magnet, it’s steel—but if it doesn’t, you might have the copper version worth a fortune.
1909-S VDB Lincoln Penny
The very first year of the Lincoln penny came with a bold designer’s mark—“VDB” for Victor David Brenner—on the reverse. The 1909-S VDB penny was struck in San Francisco and is incredibly rare, with only 484,000 minted. High-grade examples can go for $50,000 or more, while even worn coins sell for hundreds. Collectors consider it the holy grail of Lincoln cents due to its age, low mintage, and iconic design.
1955 Doubled Die Lincoln Penny
One of the most famous error coins in U.S. history, the 1955 Doubled Die penny features clear doubling on the date and lettering. Thousands were accidentally released into circulation before the Mint caught the error. This mistake turned into a collector’s dream. Depending on its condition, this penny can be worth $1,000 to over $50,000, with pristine versions reaching six figures at auction.
1992 Close AM Lincoln Penny
This modern rarity is all about spacing. In most 1992 pennies, the letters “A” and “M” in “AMERICA” are clearly apart. But in a few rare versions, the letters are unusually close together, known as the “Close AM” variety. Only a handful have been found, and values have soared to $10,000–$25,000, even in circulated condition. It’s an easy detail to miss—but one that can make you rich.
The Lincoln penny is more than just a humble one-cent coin—it can be a hidden treasure. These four examples have already changed the lives of collectors who were lucky (and sharp-eyed) enough to spot them. Whether inherited, found in spare change, or bought in a coin roll, rare Lincoln pennies are still out there. Check your stash—you might be holding history and a fortune in your hand.
FAQ’s:
1. How do I know if my Lincoln penny is valuable?
Check the year, mint mark, and any unusual features. Use a magnifying glass to look for doubling, spacing, or missing mint marks.
2. Can I find these rare pennies in circulation?
While rare, some like the 1992 Close AM or 1955 Doubled Die can still occasionally be found in rolls or jars.
3. Should I clean my penny before getting it appraised?
No. Cleaning can damage the surface and reduce the coin’s value. Always show it in its original condition.
4. Where can I get a penny professionally evaluated?
Send it to reputable grading companies like NGC or PCGS, or visit a trusted coin dealer.
5. What’s the best way to store valuable pennies?
Use coin holders or plastic flips and keep them in a dry, temperature-stable environment to prevent corrosion.
