The open and closed designations refer to the amount of space in the number '3' on the coin, depending on which variety of the numeral was used in the die. This coin is also more valuable due to doubling, here seen in the word “LIBERTY.” There were only about one million of these 'closed 3' coins and about 11 million 'open 3' coins. Metal: Copper, tin, zinc Bottom Line: 1873 Doubled 'Closed 3' Indian Head Penny 1873 Doubled 'Closed 3' Indian Head Penny This is the elite class of valuable collectibles. And pennies dated from 1879 to 1909 are worth at least $1. Indian Head pennies from 1859 to 1879 are generally worth more than $10. Special examples (especially those in near perfect condition) can be worth much more. Those in better condition can have double-digit value. Most wheat cents (wheat pennies were minted between 19) are worth about 4 to 5 cents. Qualities such as color (red pennies are worth more than red-brown or brown ones), wear and rarity (including smaller numbers minted or mistakes) impact a coin’s grade.įor most pennies, those minted in recent years are worth, well, a penny. A modified version of the Sheldon Scale, which grades coins on a scale from 1 to 70 (with 70 being the most valuable), is commonly used. Standards have been developed to evaluate coins. These are the 20 most valuable pennies, and they're worth a combined $5.5 million. Like most coins, the United States penny has seen multiple designs and compositions over the years, and some pennies, especially when carefully stored, are worth far more than the face value of one cent.

Others do it with the intent to sell these coins for a profit. People have been collecting coins since ancient Rome. These 20 Pennies Are Worth $5.5 Million Some pennies are much more valuable than one cent.

If you find one of these pennies in your pocket change, don’t even think about spending it.

Us liberty coins 1926