Pennies worth thousands

The coins are sorted, counted, and rolled by machine, and the bank charges a hefty percentage for the process.Read on to find out about some rare pennies and why they are valuable.Copper theft is rampant throughout the country, highlighting how valuable the element is in comparison.

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In that case, pennies worth money are more about rarity and errors.In 1858, 5 cent coins were struck with the Victorian young head design.This is based on a penny being 2.5 grams (the newer pennies). 453.59 grams are in one pound.

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Rare pennies worth money The rarest and most valuable penny to date of this post is the 1943 San Francisco mint copper penny.

It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling.Back in 2012 experts said that coins from as recently as the 1980s and 1990s were worth thousands of euros.Do you have some old shillings and half crowns stashed away in boxes or bottles.Our coin value guide has pictures and prices for thousands of rare U.S. coins.

Calling all coin collectors -- you could have a coin in your stash right now worth thousands of dollars and not even know it.Pennies minted from 1962 to 1982 contain less copper in the plating.

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Many organizations document thousands of dollars raised by the penny fundraiser alone.The rare coin was minted in 1943 and is made entirely of copper.As far as metal value, the 2.5 gram pennies have 97.5 percent zinc and 2.5 percent copper.Acquiring old coins, whether through pure chance or a shrewd purchase, can generate immediate excitement, and can lay the foundation for a lifetime of collecting, regardless of whether the new prize is the first acquisition or an addition to an already-significant inventory.

Everyone knows there are rare coins and currencies that are worth hundreds or even thousands of dollars.Valuable old pennies include the half-cent penny, the American large cent, the flying eagle penny, the Indian penny and the Lincoln wheat penny.

Before you cash them in, you might want to see if you have a 1943 penny.The next time you see a penny on the ground, stop and take a closer look.

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If you have a copper penny from 1943, it could be worth thousands of dollars thanks to a unique metal shortage during WWII.

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The exact value of each coin depends upon its condition, the date it was minted and its particular design.

If you actually have a 1946 US penny made of steel, you either have a fake or an extremely valuable (i.e., thousands of.

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Of course, rare designs are known to fetch thousands of pounds at auctions but coins that have been minted with a mistake in the design are also selling for a lot of money.Man learns that for decades, he was holding onto rare aluminum penny worth hundreds of thousands, maybe even millions.Steel pennies were made in the US in 1943, and are worth between a few cents (in circulated condition) and a few dollars (in uncirculated condition). 1946 cents are made of bronze.

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Each 25 dollar box of pennies has a typical composition of 80 percent post-1982 pennies and 20 percent pre-1982 copper pennies.