1909-S VDB Penny : In the world of coin collecting, even the smallest pieces of currency can hold astonishing value. Among the most sought-after is the 1909-S VDB Lincoln penny, a coin that has sold for as much as $2.4 million in pristine condition. But this isn’t the only penny worth a fortune—several others have fetched over $500,000 at auction due to their rarity, historical significance, or minting errors.
The Story Behind the 1909-S VDB Penny
Designed by Victor David Brenner, the 1909-S VDB penny was the first Lincoln cent ever produced, commemorating the 100th anniversary of Abraham Lincoln’s birth. However, controversy arose when Brenner’s initials (“VDB”) were prominently displayed on the reverse side. Public criticism led the U.S. Mint to remove the initials, but not before 484,000 coins were struck at the San Francisco Mint (denoted by the “S” mintmark).
Today, this penny is a numismatic legend. In 2022, a PCGS-graded MS67 Red specimen sold for $168,000, while examples in near-perfect condition have reached valuations of $2.4 million. To identify one, look for the “S” mintmark below the date and the tiny “VDB” initials near the bottom edge of the reverse side.
The 1943 Bronze Lincoln Penny: A Wartime Mistake
During World War II, the U.S. Mint switched from copper to steel pennies to conserve metal for the war effort. However, a few bronze planchets from 1942 were accidentally used in 1943, creating an extremely rare error. These pennies can fetch up to $1 million if authenticated. To check if you have one, use a magnet—steel pennies stick, while bronze ones do not.
The 1944 Steel Wheat Penny: A Post-War Anomaly
In 1944, the Mint returned to copper pennies, but a few leftover steel blanks from 1943 were mistakenly struck. These rare coins are valued at over $500,000 in top condition. Like the 1943 steel cents, they are magnetic and have a distinct silver-gray appearance.
The 1955 Doubled Die Lincoln Penny: A Collector’s Dream
This penny features a visible doubling of the obverse lettering, particularly in “LIBERTY” and “IN GOD WE TRUST.” Caused by a misaligned die, this error makes the coin highly desirable. High-grade examples have sold for over $250,000. A magnifying glass can help spot the doubling.
The 1922 “No D” Lincoln Penny: The Missing Mintmark
Produced at the Denver Mint, some 1922 pennies were struck without the “D” mintmark due to an over-polished die. These coins can be worth up to $30,000 in excellent condition. Look closely beneath the date—if there’s no mintmark, you may have a rare find.
The 1969-S Doubled Die Penny: A Modern Rarity
Similar to the 1955 version, this coin shows doubling in the date and lettering. Though not as famous, it remains valuable, with auction prices reaching tens of thousands of dollars.
The 1943 Steel Wheat Penny: Common but with Rare Exceptions
Most 1943 steel pennies are worth only a few cents, but bronze error versions (accidentally struck on copper planchets) can be worth over $250,000. Check for weight and color—steel pennies are lighter and magnetic, while bronze ones are not.
The 1794 Flowing Hair Silver Dollar
As the first dollar coin ever minted in the U.S., this piece holds immense historical value. A pristine example sold for $10 million in 2013.
The 1933 Saint-Gaudens Double Eagle
Most of these gold coins were melted during the Great Depression, making survivors extremely rare. One sold for $7 million at auction.
How to Identify Rare Pennies in Your Collection
- Check the Date & Mintmark: Key years like 1909-S, 1943, and 1955 are prime candidates.
- Look for Errors: Doubled dies, missing mintmarks, or unusual metals increase value.
- Use a Magnet: Steel pennies (1943-44) are magnetic; copper/bronze ones are not.
- Assess Condition: Uncirculated coins are worth far more than worn ones.
- Consult an Expert: Professional grading services like PCGS or NGC can authenticate rare finds.
Final Thoughts: Could Your Spare Change Be Worth a Fortune?
From the 1909-S VDB penny to wartime errors and doubled dies, rare coins prove that small change can mean big money. Before dismissing old pennies in your drawer or attic, take a closer look—you might just discover a hidden treasure worth millions.
