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
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 >
The value of old pennies can be determined by auction houses, collector organizations and coin dealers. The value varies based upon the type of penny, its condition, the year and place of its minting, and its overall rarity. Some organizations use coin-grading services to authenticate and value coins.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 >
A common way to determine the value of a U5 coin is to have it graded by a professional organization, such as the Numismatic Guarantee Corporation or the Professional Coin Grading Service. Both of these service providers, among others, can grade and value almost any coin.Full Answer >