You toss them in jars, find them on sidewalks, and rarely give them a second thought. But what if that humble penny in your coin jar could be worth thousands—or even hundreds of thousands—of dollars? For collectors and treasure hunters, rare pennies are a gateway to unexpected wealth. Due to minting errors or transitional designs, some pennies that look ordinary are actually extremely rare and valuable.
Here are three rare U.S. pennies that might be sitting unnoticed in your home—each one worth a small fortune if found in the right condition.
1. 1943 Bronze Lincoln Penny
In 1943, the U.S. Mint made pennies out of zinc-coated steel to conserve copper for World War II efforts. However, a few bronze planchets from 1942 were accidentally used to strike 1943 pennies. These bronze 1943 Lincoln cents are among the most famous and valuable coins in U.S. history. They are magnetic (unlike regular steel ones), weigh slightly more, and have a distinct reddish tone. One 1943 bronze penny sold for over $300,000, and verified examples remain among the most sought-after coins in the world.
2. 1955 Doubled Die Lincoln Cent
The 1955 Doubled Die Penny is one of the most popular error coins ever produced. Caused by a misalignment during the die creation process, this coin features clearly doubled text on “LIBERTY,” “IN GOD WE TRUST,” and the date. These doubling effects are easily visible to the naked eye. Despite its circulation, a sharp example can sell for $1,000 to over $15,000, depending on condition. Some uncirculated versions have crossed the $50,000 mark at auctions.
3. 1992 Close AM Lincoln Cent
At a glance, the 1992 Close AM Penny looks like any other modern Lincoln cent. But if you inspect the reverse closely, you’ll notice the “AM” in “AMERICA” is closer together than usual. This was due to the use of a proof reverse die on circulation coins—an accidental crossover. These coins are incredibly rare and not widely known, making them easy to overlook. A certified 1992 Close AM penny in mint state has sold for over $20,000, and others have fetched thousands even in circulated condition.
That coin jar collecting dust in your kitchen might be holding more than just small change—it could be hiding a life-changing discovery. Rare pennies like the 1943 bronze cent, the 1955 doubled die, and the 1992 Close AM look ordinary, but their value is extraordinary. If you take just a few minutes to inspect your spare change, you might uncover a forgotten treasure that could bring a big payday.
FAQ’s:
1. How can I identify a 1943 bronze penny?
Use a magnet—steel cents stick to it, bronze ones don’t. Also, check for a reddish tone and a weight of around 3.11 grams.
2. What does a doubled die error look like?
You’ll see clear doubling of letters and numbers, especially on “LIBERTY” and the date on the 1955 penny.
3. Where do I look for the Close AM on the 1992 penny?
On the reverse side, check “AMERICA.” If the A and M are nearly touching, you may have a valuable Close AM variety.
4. Are these rare pennies still in circulation?
While very rare, some have been found in circulation or in old coin jars, estate sales, and inherited collections.
5. Should I have my penny graded?
Yes—authentication and grading by PCGS or NGC can confirm its value and increase buyer confidence if you choose to sell.
