The Top 15 Most Valuable Pennies

Photo Credit: The Spruce

Coin collecting might start off as one of the family activities to do, but after seeing this list of the top 15 Most Valuable Pennies, you might want to rethink your hobby. Many people begin their coin-collecting hobby by finding an interesting coin in their wallet, acquiring a few coins by some other means, or inheriting a coin collection from family. Other people think they have found a rare and valuable coin and are looking to see what its worth. Regardless of where you start with your coin collecting, there are a few tips that will help to ensure you have a long and profitable coin collecting experience.

Start simple and small. Unless you have a lot of money and don't mind losing your money, you'll want to ease into the coin collecting hobby and learn the ropes before you make any major coin purchases. It is best to start with smaller coin purchases and coin sets that are quite easy to assemble. You want to take the time to learn about the coins that you are collecting, their history, how to grade the coins and pricing. Many great coin collectors have started out by assembling a set of Lincoln pennies. These coins are still found in circulation, and most can be purchased for a moderate price at your local coin show, coin shop or purchased online. If your budget is a little bit bigger, you may want to start collecting a type set of United States coins. Collect What You Like. It's a good idea to collect the coins you like. You want to select coins or a series of coins that interest you. You might find a fascinating design on the coin, the history of the coin or a great story that is associated with the coin. Regardless, if the coin is something that piques your interest, you will be more likely to learn about the coin, and that education will, in turn, help you to avoid costly mistakes in your coin collecting experience. The Lincoln penny is a coin that is rich in history and has some great stories behind some of the coins. Some young collectors choose to collect world coins that have a common theme, such as queens, buildings, fish, flowers, and more. The possibilities for coin collecting are endless, and it can be as interesting and one of the most fun activities to do.

A $126,500 1872 Indian Head Penny. 1872 Indian Head Penny in Uncirculated Condition. This penny was sold in August 2007 at Heritage Auctions, Milwaukee, Wisconsin. This penny was an 1872 Indian Head penny that is a scarce coin but can readily be found at any coin show or through coin dealers in circulated grades. There are slightly more than 4 million of these pennies that were minted. However, times were starting to get tough, and people were not saving coins for their coin collections. In fact, the following year the United States saw the Panic of 1873 that caused an economic downturn. What makes this penny extremely rare is because of its exceptional condition that combines a nearly flawless penny with a sharp strike from a fresh set of coin dies.

A penny worth $149,500. This penny was sold in January 2006 at Heritage Auctions, in Orlando, Florida. On the surface, there is nothing especially spectacular about this penny coin. The penny is uncirculated, and it still retains its original copper-red color from the day that it was minted, but the date and the mintmark combination on the penny is what sets this penny apart from all others. The first factor that contributes to this penny's significant value is because of its extremely and low mintage. You will find the top 15 Valuable Pennies at The Spruce site. On the site, you will find activities to do, family ideas, DIY ideas, recipes, and more. **

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