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.
The Lincoln wheat penny, minted from 1909 to 1958, can fetch anywhere from a few cents to more than $1,000, depending on the rarity of coins in the year it was produced. For example, pennies minted in 1922 are much more rare than those minted in 1955 and are significantly more valuable. Half-cent pennies minted in the 18th century can fetch more than $10,000 at auction, according to Coin Values Discovery.