Treasury about it, but was told that it was fraudulent, that “All pennies struck in 1943 were zinc coated steel” and eventually decided to just keep it for his collection. Over the years, he received offers for the coin and eventually even inquired with the U.S. Other genuine examples of the 1943 Lincoln copper penny have been found, including 10-15 from the Philadelphia Mint, a half dozen from the San Francisco Mint and one from the Denver Mint.Īt the time, Lutes, who was 16, had heard of the rumour about Ford, but when he was later told it was false, kept the coin for himself in his collection. The frenzy had become so heightened that it was speculated that car magnate Henry Ford would give a new car to anyone who could give him one of these copper pennies, though that speculation was later proven false. To preserve the metal, 1943 Lincoln pennies were made of zinc-coated steel, but a tiny fraction of the pennies put into circulation wound up using copper.Īlmost as soon as the pennies were pressed, rumours began to emerge that some copper cents had made their way into circulation. In the 1940s, copper was considered a strategic metal, largely because of World War II, as it was used to make shell casings, telephone wire and other wartime necessities. We have compiled a roster of all specimens certified by the two leading grading services below, including an unknown number of resubmissions and crossovers.” “PCGS CoinFacts estimates the surviving population at no more than 10-15 examples in all grades. “Despite relentless searching by eager collectors over a period of more than 70 years, only a handful of legitimate specimens have ever been discovered,” Heritage wrote on its website, Fox News reported. government denied its existence, but one coin was found by Don Lutes Jr. Only 20 were ever made and for years the U.S.
The 1943 Lincoln penny is made of copper and has been described as the “most famous” coin made in error, according to Heritage Auctions, which is auctioning off the coin. The 1983 'New Pence' 2p coin can also sell for a huge sum, up to £650.A penny that a Massachusetts teenager found in his change from lunch money could be worth as much as $1.65 million (£1.3 million) when it is auctioned off. There may be between 50,000 and 200,000 of these coins in circulation. These include the dateless 20ps, which are actually part of a run from 2008. However, various versions of the coins are known to sell for large sums. It is not so easy to evaluate the rarest 20p coins, 10p coins and even 2p coins as exact circulation figures are not known.
The football Olympic 50p coin has 1,125,500 in circulation, and the wrestling coin has 1,129,500 in circulation. The rarest 50p coin is the Kew Gardens coin, which is also the rarest coin in circulation. Of the 2011 Cardiff coins there are 1,615,000 in circulation, while the 2010 London coin has 2,635,000 in circulation. The rarest of these is the 2011 Edinburgh coin, with 935,000 in circulation.
#Valuable coins penny series#
The most rare £1 coins are all part of a series celebrating the British capitals. Next up is the 2015 Navy, and there are 650,000 in circulation. This is followed by the 2002 Commonwealth Games Wales which has 588,500 in circulation. The rarest £2 coin is the 2002 Commonwealth Games NI coin with 485,500 in circulation. Which are the rarest £1, £2, 50p, 20p, 10p and 2p coins?
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