Q:

Do old pennies have value?

A:

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.

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.

Sources:

  1. coinstudy.com

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