Did You Know Your Old Penny Could Be Worth a Fortune?

Those humble Lincoln Wheat pennies sitting in your coin jar might be worth thousands — even over $150,000!
Collectors go wild for certain rare dates and mint marks, especially when they’re in top condition.
Let’s uncover the rarest Wheat Pennies that have fetched jaw-dropping prices at auction.
1. 1909-S VDB — “The King of Wheat Pennies” ($152,750 Value!)
Why It’s Special:
This coin is the Holy Grail for penny collectors. It’s the very first year of the Lincoln cent series — and only 484,000 were ever struck with designer Victor David Brenner’s “V.D.B.” initials.
Record Price: $152,750 (graded MS-67 Red)
Values:
- Circulated: $600–$5,000
- Mint State: $25,000–$150,000+
How to Spot One:
“S” mint mark below the date
“V.D.B.” initials on the reverse bottom edge
Bright red color (RD) = highest value
2. 1915-S Lincoln Cent — The $48,300 “Condition Rarity”
Why It’s Special:
Although 4.8 million were made, most were poorly struck. Finding one in top grade is extremely rare!
Record Price: $48,300 (MS-66 Red)
Values:
- Circulated: $5–$100
- Mint State: $1,000–$50,000
What To Look For:
Sharp cheekbone detail on Lincoln
Full wheat stalks on the reverse
Bright red tone = premium value
3. 1909-S Over Horizontal S — The $32,900 Mint Mark Error
Why It’s Special:
This ultra-rare repunched mint mark (RPM) error shows a faint horizontal “S” beneath the normal “S.”
Record Price: $32,900 (MS-67 Red)
Values:
- Circulated: $500–$5,000
- Mint State: $10,000–$50,000
Spotting Tips:
Use 10× magnification
Look for the shadow of a horizontal “S”
Must be the 1909-S VDB variety
4. 1925-S Lincoln Cent — The $54,625 “Sharp Strike Miracle”
Why It’s Special:
Most of the 8 million minted were weakly struck, but a few came out with crisp details and strong luster.
Record Price: $54,625 (MS-65 Red)
Values:
- Circulated: $1–$50
- Mint State: $5,000–$50,000+
How To Identify a High-Grade Coin:
Bold “LIBERTY” on Lincoln’s shoulder
Clear separation in wheat stalks
Original red luster intact
Wheat Penny Value Chart (2024 Guide)
| Coin Type | Circulated | MS-63 | MS-65+ |
|---|---|---|---|
| 1909-S VDB | $600–$5K | $25K–$75K | $100K–$150K+ |
| 1915-S | $5–$100 | $1K–$10K | $25K–$50K |
| 1909-S RPM | $500–$5K | $10K–$25K | $30K–$50K |
| 1925-S | $1–$50 | $5K–$15K | $25K–$55K |
What To Do If You Find One
Before celebrating, follow these steps to protect your coin’s value:
Handle with cotton gloves (avoid fingerprints)
Take clear photos under natural light
Certify with PCGS or NGC (uncertified coins sell for ~50% less)
Insure valuable coins before shipping
Sell through trusted auction houses like Heritage or Stack’s Bowers
Warning: Over 90% of “rare” finds are either:
Damaged or cleaned coins
Counterfeits or fakes
Real Collector Stories
“My grandfather’s coffee can held a 1909-S VDB that paid for my house!” — 2021 Heritage Auction seller ($138,000)
“I found a 1925-S in my childhood album — it sold for $32,000!” — 2023 PCGS submission
Why These Pennies Are Legendary
Rarer than 1804 silver dollars
Still discovered in old collections today
The most beloved U.S. coin series
