Old U.S. pennies may carry a value anywhere between a couple cents to over $1,000, depending primarily on the date, condition and mintmark of the coin. In general, coins with earlier dates are worth more money than those with later dates.Know More
Pennies minted in Denver, Carson City and New Orleans are generally worth more than those minted in San Francisco and Philadelphia.
Old pennies are divided into groups based on their design, with American large pennies minted from 1793 to 1857, Flying Eagle pennies minted between 1856 to 1858, Indian cent pennies minted from 1859 to 1909 and Lincoln wheat pennies minted from 1909 to 1958.Learn more about Coins & Currency
For a date set coin collection, the collector selects one specific coin and collects a sample from each year the coin was produced. Mint marks are not taken into consideration.Full Answer >
One way to clean old pennies is to soak them a solution of salt and vinegar. A mixture of ¼ cup of vinegar and 1 tablespoon of salt cleans 20 to 30 pennies in about five minutes.Full Answer >
Valuable old pennies include the half-cent penny, the American large cent, the flying eagle penny, the Indian penny and the Lincoln wheat penny. The exact value of each coin depends upon its condition, the date it was minted and its particular design.Full Answer >
While many factors contribute to a coin's value, even low quality, circulated wheat pennies are worth approximately 4 cents more than an equivalent modern penny. The primary reasons have to do with changes in the minting process over time, scarcity and collector demand.Full Answer >