Special Pennies
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In honor of the Mint’s 225th anniversary in 2017, pennies made in Philadelphia had a “P” mint mark for the first time. In 2019, the West Point Mint made special collectible pennies with a “W” mint mark. 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. These are the 20 most valuable pennies, and they're worth a combined $5.5 million.
1966-P SMS Lincoln Memorial Cent (Special Mint Strike) $1.50. 1980-P Lincoln Memorial Cent. 1993-P Lincoln Memorial Cent. 1992-S Lincoln Memorial Cent. Elite units such as Special Operations, Navy SEALs, and others take pride in designing their own unique limited-edition challenge coins. Other organizations with a military-style command structure, such as police and fire departments, have also adopted them, particularly specialized units such as SWAT teams and drug task forces. Print the pdf: Counting Pennies - Worksheet 1 and complete the activity. Starting with pennies, explain to your student that the value of a penny is one cent. Have your student count the number of pennies in each row and write the total they count in the space provided.
We buy all types of old coins and old paper money. Whether it's Copper, Silver, or Gold, worth $1 or $100,000, our team will evaluate your items with speed, accuracy, and honesty. Get your cash offer in as little as 15 minutes. There's nothing to lose!
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Turning your old coins into cash has never been easier! In as little as 15 minutes you can receive a 100% risk free offer from us for your old coins and currency! Simply send us a picture or two of your old coins, and we'll calculate a fair and honest offer for your coins. It is the best way to sell your old coins! Just follow the simple directions below. It's as easy as 1, 2 , 3!
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Simply snap a picture or two clearly showing your old coins or bills. Any smart phone or handheld camera will work just fine!
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Ship your photographed items to us at the address provided. Upon receipt, we will confirm the items are correct.
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If you want to start hoarding pennies, it makes sense to start with the pre-1983 pennies.
Not too long ago, I received the following question from a reader:
What’s so special about pennies made before 1983? Why are these pennies preferred by coin hoarders and penny investors?
The answer is in the composition of the pre-1983 pennies. If you want to start hoarding pennies for the copper value, it makes sense to understand the metal content of the cent through the years.
Composition of the Penny: A History
We think about pennies as being made from copper. However, today, the cent is mostly made up of zinc. Throughout the history of the penny, there have been different compositions. The United States Mint offers a history of the penny’s composition:
- 1793 – 1837: Pure copper
- 1837 – 1857: Bronze (a mixture of 95% copper and 5% tin and zinc)
- 1857 – 1864: 88% copper, 12% nickel
- 1864 – 1962: Back to bronze (the only exception was the 1943 penny, which was steel coated with zinc; there were a very small number of copper pennies minted in 1943, and if you can find one, it’s fairly valuable)
- 1962 – 1982: 95% copper, 5% zinc
In 1982, the United States Mint began making pennies composed of 97.5% zinc, and 2.5% copper. There were pennies minted in 1982 that had the 95% copper content as well as the mostly zinc makeup. In 1983, though, all pennies were made up of copper-plated zinc.
Why are Pre-1983 Pennies Popular?
Special Pennies 2009
Pre-1983 pennies are popular because they have a higher copper content. As a result, many investors are interested in using these coins as part of an effort to invest in tangible base metals. While it’s illegal to melt down US coins, and while you can’t take large amounts of pennies outside the country, many coin hoarders are convinced that, at some point, pennies will become more valuable, particularly those with a high copper content. The thought is that the penny might disappear from circulation, making it legal to melt them down for copper, or that there might be an economic collapse and any tangible metals will be valuable.
Special Pennies Uk
If you decide to hoard pennies (or other coins), make sure you understand which are more likely to be valuable. Pay attention to the composition of the coins, and carefully consider what is most likely to help you reach your goals. In some cases, you can find rare pre-1983 pennies (like a copper 1943 penny) that have value to collectors, so it’s about more than just the metal composition.