Small cents, by the way, are 19.1 millimeter diameter pennies that have been produced by the United States Mint since 1856. Find the value of your pennies in this easy-to-use penny price guide for U.S. cents. Early pennies were pure silver, exchangeable for and worth their weight in the precious metal. Pennies Worth Money Year And Price How Does A Penny Get Value Valuable Pennies 1960 To 2012 1; 2; 3; Indian Head pennies from 1859 to 1879 are generally worth more than $10. 1873 Doubled 'Closed 3' Indian Head Penny. The answer is that 1,986 pennies are worth $19.86 but 1,967 pennies are worth 19 cents less. Penny Values are Increasing Yearly ... A quick look at the value chart shows a big change in how much your box of old pennies is worth. Since 2000, the price of copper has risen dramatically, making the meltdown value of these pennies more than the face value of the coin. 1942 Jefferson Nickel Asking Price: $16,999.95. For instance, Elvis Presley’s personal Bible , published in 1977, sold for $94,000 at auction in 2012. There are a ton of rare pennies out there just waiting to be found and they don't even need to be very old. At the moment I'm writing this, scrap copper is at $3.2391 per pound. A step by step method combined with the coin value online guide identifies how to value a coin collection. An old halfpenny, 1/2d, was therefore, 1/480th of a pound sterling. (Photo: eBay/cornwall-emporium) The copper of the old 2p coin is of a distinctive hue, so it shouldn’t be too hard to spot if you’ve got any of these old pennies printed onto the wrong base. 20 PHOTOS What your old Pokémon cards are worth The penny is supposed to have a small "P" below the image of the queen, but because of an error, some of … 1.1 How to determine the value of Wheat Pennies; 2 The value of Wheat Pennies; 3 Lincoln Wheat Pennies of value. The list below shows the intrinsic value of these coins or basically how much the bullion or copper metal content of the coin itself is worth. What your old coins are worth now. After 1971, the decimal halfpenny was two-hundredth of a pound, it is symbolised with 'p', as '1/2p'. Condition is now judged using images and thirdly; special qualities are considered. Style & Beauty . In 1993, all pennies switched to the close AM design. All Wheat Pennies are worth more than their face value of .01 cent. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition. Here is a cool list that details the top 25 most valuable pennies ever minted in the United States of America (updated: 2015). Each of these coins are worth at least $500 and date all the way back to the late 1800s. Check out the list below, some of these old coins are worth a ton of money. Indian Head pennies from the 1870s can be worth $1,000 or more, and pennies from 1909 issued in San Francisco can fetch around $2,000 if they’re in the right condition. i found a box of old pennies in my room, what i have had for 8 years what my nan gave me. Penny values are determined using a step by step method. A coin worth 12d was first produced in the early 16th century (around 1503-4) and at that time was known as a testoon, due to the depiction of a specific monarch on the coin, rather than a generic representation (the name for the coin came from the Italian coin testone, meaning 'head', which had been introduced in the 15th century). At Coin Values, we are always staying on top of the latest changes in coin prices, and we have a list of the top 25 most valuable pennies. If the pennies are common date Lincoln cents with average circulation then all a dealer will be able to offer is 2 times face value. Depending on condition, these pennies can be worth in the hundreds of dollars or more.