Collecting coins is a fascinating hobby that combines history, art, and the thrill of the hunt. Among the most sought-after coins in the United States are the Lincoln Memorial pennies. These small pieces of copper and zinc have been in circulation since 1959, replacing the wheat pennies. While most of these pennies are common, a few are rare and valuable, often fetching high prices from collectors. In this article, we’ll explore the top 10 valuable Lincoln Memorial pennies and what makes them so special.
1. 1959-D “BIE” Penny
The 1959-D penny is notable for an unusual error known as the “BIE” error. This occurs when a small die break appears between the “B” and “E” in “LIBERTY,” creating the illusion of the letter “I.” These pennies can fetch up to $50, depending on their condition.
2. 1960 Small Date Over Large Date
In 1960, the U.S. Mint produced two varieties of Lincoln pennies: one with a small date and one with a large date. A rare version of this penny features a small date over a large date. This error is highly prized by collectors and can be worth between $50 and $100.
3. 1969-S Doubled Die Obverse
One of the most famous Lincoln Memorial pennies is the 1969-S Doubled Die Obverse. The doubling is especially noticeable in the words “LIBERTY” and “IN GOD WE TRUST.” These coins are exceedingly rare, with values ranging from $50,000 to over $100,000, depending on their condition.
4. 1970-S Small Date
The 1970-S penny has two varieties: a large date and a small date. The small date version is much rarer and can be identified by the distinct shape of the “7” in the date. These coins are worth between $40 and $80 in mint condition.
5. 1972 Doubled Die Obverse
The 1972 Doubled Die Obverse penny is another highly sought-after coin. The doubling is most noticeable in the date and the inscription “LIBERTY.” These coins can be worth anywhere from $250 to $1,000, depending on their grade.
6. 1983 Doubled Die Reverse
In 1983, the U.S. Mint produced pennies with a doubled die on the reverse side. The doubling is most evident in the words “ONE CENT” and “UNITED STATES OF AMERICA.” These coins can fetch between $300 and $600 in excellent condition.
7. 1984 Doubled Ear
The 1984 Lincoln penny features a unique error known as the “Doubled Ear.” This error shows an extra lobe on Lincoln’s ear, making it appear as if he has two ears. These pennies can be valued between $100 and $300.
8. 1992 Close AM
The 1992 Close AM penny is a rare variety where the letters “A” and “M” in “AMERICA” on the reverse side are closer together than usual. This error can be worth between $2,000 and $3,000, making it one of the most valuable Lincoln Memorial pennies.
9. 1995 Doubled Die Obverse
Another significant error coin is the 1995 Doubled Die Obverse penny. The doubling is visible in the inscriptions “LIBERTY” and “IN GOD WE TRUST.” These pennies can be worth between $20 and $50, depending on their condition.
10. 1999 Wide AM
The 1999 Wide AM penny is the opposite of the 1992 Close AM variety. In this error, the letters “A” and “M” in “AMERICA” are further apart than usual. These pennies can be valued between $100 and $600.
Conclusion
Collecting Lincoln Memorial pennies can be a rewarding and profitable hobby. These top 10 valuable Lincoln Memorial pennies are prized for their unique errors and variations. Whether you’re a seasoned collector or just starting, keep an eye out for these rare coins. They could be hiding in your pocket change, waiting to be discovered. Happy hunting!