Most people glance over pennies, letting them pile up in jars or vanish into couch cushions. But what if one of those pennies from the 1970s could be worth more than a bar of gold? Collectors across the country are on the hunt for specific error coins from the 1970s that have skyrocketed in value. Some of these seemingly ordinary coins can fetch tens or even hundreds of thousands of dollars, especially if they feature rare minting mistakes. Here are three rare pennies from the 1970s that could make you richer than you ever imagined.
1970-S Small Date Lincoln Penny
This penny might look like any other, but it’s one of the most sought-after coins from the 1970s. The key lies in the date’s font and positioning—in the “Small Date” variety, the “7” is level with the other numbers and the word “LIBERTY” appears slightly blurred. If you happen to have one in uncirculated or proof condition, it can be worth up to $3,000 or more, especially if it’s graded highly by PCGS or NGC.
1974 Aluminum Penny
The 1974 Aluminum Penny is surrounded by mystery and rarity. The U.S. Mint produced less than two dozen of these experimental coins in aluminum instead of copper, intending to reduce production costs. Most were later destroyed, but a few survived and found their way into private hands. Though it’s technically illegal to own, one specimen sold for nearly $250,000, making it one of the most valuable Lincoln cents ever.
1972 Doubled Die Obverse Penny
This error penny is a collector’s dream. The 1972 Lincoln Cent with a doubled die obverse clearly shows doubling on the date and inscriptions like “LIBERTY” and “IN GOD WE TRUST.” It’s not just a minor misprint—the doubling is so visible it can be seen with the naked eye. A well-preserved example can sell for upwards of $14,000, depending on condition and grade.
Who would have thought that coins once worth just a penny could now be valued more than their weight in gold? These rare 1970s Lincoln pennies—especially if they feature mint errors or unique characteristics—are highly prized in today’s collector market. If you’ve got an old coin jar or inherited a collection, it’s worth examining each penny carefully. You could be sitting on a small fortune without even realizing it. The next time you spot a 1970s penny, don’t toss it aside—it could be the goldmine you’ve been ignoring.
FAQ’s:
1. How do I know if I have the 1970-S Small Date Penny?
Compare the date closely—look for a level “7” and weak “LIBERTY.” Online visual guides can help, or take it to a professional grader.
2. Is it legal to own the 1974 Aluminum Penny?
Technically, no. Most of them were recalled and destroyed, and the U.S. Mint considers the remaining few as government property.
3. How can I tell if I have a 1972 Doubled Die Penny?
Check the inscriptions and date for obvious doubling. The difference is visible without a magnifying glass in many cases.
4. Where can I sell a rare penny?
You can approach certified coin dealers, online auction sites like eBay, or major numismatic auction houses.
5. Should I clean my pennies before getting them appraised?
No—cleaning can damage a coin and reduce its value. Always leave old coins in their natural condition.
