8 Valuable Lincoln Penny Errors Worth Money : Collecting coins is a popular hobby, and certain rare errors in Lincoln pennies can make them extremely valuable. Some errors occur during the minting process, making them unique and highly sought after by collectors. If you have old pennies lying around, you might be sitting on a fortune without even realizing it. Below are eight rare Lincoln penny errors that could be worth a significant amount of money.
1. 1955 Doubled Die Obverse
One of the most famous and valuable penny errors is the 1955 Doubled Die Obverse. This error resulted from misalignment during the minting process, causing the design to appear doubled. The most noticeable doubling is seen in the date and lettering. If you come across this penny, it could be worth thousands of dollars depending on its condition.
2. 1943 Copper Penny
During World War II, the U.S. Mint switched from copper to steel to conserve metal for the war effort. However, a few 1943 pennies were mistakenly struck on copper planchets instead of steel. These rare copper pennies can fetch six-figure sums at auctions due to their scarcity and historical significance.
3. 1972 Doubled Die Obverse
Similar to the 1955 version, the 1972 Doubled Die Obverse penny features noticeable doubling, particularly in the inscriptions “LIBERTY” and “IN GOD WE TRUST.” This error makes the coin highly collectible, with values ranging from a few hundred to several thousand dollars based on its condition.
4. 1983 Doubled Die Reverse
Unlike the obverse doubled die errors, the 1983 penny has a doubling effect on the reverse side. This error affects the lettering and the Lincoln Memorial, making it an interesting and valuable find. Collectors are willing to pay hundreds or even thousands of dollars for this rare variation.
5. 1992 Close AM Penny
The 1992 Close AM penny is a rare variation where the letters “A” and “M” in “AMERICA” on the reverse are closer together than usual. This error occurred due to the use of a proof die on a business-strike coin. Depending on its condition, this penny can be worth thousands of dollars.
6. 1999 Wide AM Penny
Opposite of the 1992 Close AM, the 1999 Wide AM penny features a noticeable gap between the letters “A” and “M” in “AMERICA.” This mistake happened when a proof reverse die was used on regular circulation pennies. These rare coins have been sold for high prices in the collector’s market.
7. 1982 Small Date Copper Penny
In 1982, the U.S. Mint transitioned from copper to zinc pennies. Some coins from this year were struck with a small date on copper planchets. These are incredibly rare and valuable, with collectors paying thousands of dollars for them.
8. 1969-S Doubled Die Obverse
The 1969-S penny with a doubled die obverse is one of the rarest and most valuable error pennies. The doubling effect can be seen in the date and inscriptions. Many of these were initially mistaken for counterfeits, but authentic pieces are worth tens of thousands of dollars.
Final Thoughts
Lincoln penny errors are fascinating discoveries that can turn an ordinary coin into a valuable collector’s item. If you have old pennies in your collection or pocket change, take a closer look at them. You might find one of these rare errors, and it could be worth a small fortune. Always check with professional coin graders to verify authenticity and determine the actual value of your coin.
