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17 Feb 2019

4 Most Valuable Small Cents

Coins-United States | iccoins

To many people, a “penny” is worth just 1 cent. It’s a coin that, with only one, you could buy absolutely nothing with, except maybe a paperclip from someone on the street. Little do some people know, some cents are so valuable that you could use just one to pay for a nice house or pay off your exceedingly expensive student loans from college. This list goes in order of date. They do not go in any particular value order.

1.)    1856 Flying Eagle Cent

1856 was the first year of the new small cent and is also the first year of one of the shortest-lived series ever, the Flying Eagle Cent. Because of the increase in copper prices, the US Mint decided to create smaller cents that would cost less to produce and would be more economically sound. The first official year of the Flying Eagle Cent was 1857 and its last year was 1858, but there are a few 1856 examples floating around the marketplace and in vaults. There were only about 800 of these minted. Its intention was to show Congress the new coins and convince them that it was a good idea.

2.)    1877 Indian Head Cent

The 1909-S is the number one key date in terms of mintage for the Indian Head Cent series, which came after the Flying Eagle Cent series. The 1909-S cent, however, is incredibly rare in mint state condition. The 1877 is rare, but there are several mint state examples that were saved. The reason this coin is rare is because of the massive economic downturn during this time, which led many people to barely even be able to afford food. The mintage is low and a lot of them were never used.  

3.)    1909-S Indian Head Cent

With a mintage of just around 300,000, this coin is a rarity, but can still be easily found at coin shows throughout the country. Minted the same year as the first year of the Lincoln Head Cent, the mintage numbers were decreased significantly as the “crossover” year (by crossover, I mean where both series were minted, not crossover as used in coin grading). For most coins, coins minted in San Francisco are much scarcer than their Denver and Philadelphia counterparts, but especially with this coin.

4.)    1909-S VDB Lincoln Head Cent

While not particularly rare, this is one coin that most serious (and wealthy) collectors have in their collection. While many other coins are rarer technically, the 1909-S VDB is one of the most talked about and most sought-after rarities in the entire world of numismatics. 1909 is the only year in which the designer’s initial, Victor D. Brenner, was underneath the wheat in the middle on the reverse. Few of these coins were minted before the US Treasury asked to have the initials removed. The 1909 VDB is the perfect alternative for the “budget-minded” collector. While still more rare than its non-VDB counterpart, it is much more affordable, even in mint state grades. If your dream is to have the 1909-S VDB, the 1909 VDB is a good starter coin until you have $1,000 to be able to afford a small “S” underneath the date.

This series will be continued with several more great coins!

Comments

TheNumisMaster

Level 5

I love my pennies!

Kepi

Level 6

Good list! I love my 1909-S V.D.B. Lincoln Cent!

Prospector

Level 4

Some of the modern error coins are very valuable such as the 1992-P and D, AM of America is close together $8,000 to $15,000. Also, the 1958 Lincoln cent double die obverse $500,000. 1983 wrong planchet a copper planchet $15,000 or more.

Longstrider

Level 6

I agree with Mike, always check your change. Never know what is in there. Good blog. Nice list.

"SUN"

Level 6

Good list. the 1856 could be considered a pattern.

I loe all of those cents, an most people if they fund that would go "Oh coll!" and use it to pay for a piece of candy. Thanks for writing.

Mokie

Level 6

I always think of the 55 Double Die when I think of valuable Cents. It was the only one that I thought I could really find when I started collecting in 1968, even then it was a pipe dream but at least it was only 13 years old at that time. Nice List, Thank You.

CoinLady

Level 6

Good list. Glad to see 1909-S on this list. It's so overshadowed by the VDB coin

Mike

Level 7

Thanks I just hope people realize what some there most collectors don't even check there change. My wife got a nice 1931 S in change only 866,000 of them. Thanks Mike

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