Do you know, a rare penny or one cent coin can make you million? Almost anywhere in this world, penny or one cent coin has been stop production because it has no more value. It make them rare and a must have for collector around the world. In the past few days, many readers are looking for information about the most valuable penny coins in the world. Some of the coins are specimen coin and they're also wrong metal cent. I had been sharing story about them before in my blog but have not make a list of valuable penny before. Here are "World rare penny list" and their value price. I arrange it according to their highest value.
1. 1943 Lincoln Copper Aloy cent
The world's most expensive penny, a Lincoln cent struck in the wrong metal at the Denver Mint in 1943, has been sold for a world's record price of $1,700,000 by Legend Numismatics of Lincroft, New Jersey. The buyer is a Southwestern business executive, who wants to remain anonymous. The historic World War II era coin's former owner arranged for the entire proceeds of the sale to be given to a charitable organization. This one of a kind Lincoln cent, mistakenly struck in 1943 at the Denver Mint in bronze rather than the zinc-coated steel used that year to conserve copper for World War II. Most 1943 pennies are steel-gray in color and not worth much more than face value. Read More: World's most expensive penny -Lincoln cent.
2. 1793 chain cent
A 1793 penny known as a "1793 chain cent" sold for a record $1,380,000 by Heritage Auction on 4 January 2012. The chain cent get its name from the interlocking chain with 15 links on its reverse. It were struck during late February and early March 1793 with only approximately 36,103 pieces minted. The coin was made at the Mint in Philadelphia in 1793, the first year that the U.S. made its own coins. Heritage officials said in a news release that the name of the buyer was not revealed but that he was "a major collector." One of the coin's earliest owners was a well-known Baltimore banker, Louis E. Eliasberg, Sr. Read More: 1793 chain cent sold 1.3M.
3. 1792 Silver center Penny
A rare 1792 Silver Center Penny sold for $1,150,000 by Heritage Auction on 19 April 2012. The auction won by Kevin Lipton of Beverly Hills, California, who bought the penny on behalf of a group of unnamed investors for $1 million and must also pay the auction house's 15 percent commission. Only 14 of copper and silver 1792 experimental penny exist and this is the third best example (Morris Specimen) of the coin. One of the coin sold at auction in 1974 and reached a price of $105,000. The Silver Center cent was the first coin produced within the physical Philadelphia Mint building shortly after its completion near the end of 1792. The coin was auctioned off at the Renaissance Schaumburg Convention Center in Chicago. Read More; Rare 1792 Silver Penny sell for $1.15 million.
4. Canada 1936 one cent
A coin in Canada also known as "King of Pennies" was auctioned by Heritage Auction Galleries in New York on 3 January and 4 January 2010. The coin is extremely rare because only three pieces of the coin is available around this world and all of them is owned by numismatist John Jay Pittman until his death in 1996. Canada King of Pennies or a 1936 dot cent coin, was most likely never released into circulation. The King of Canadian coins was purchased for USD$402,500. Read More: Rare Canada Penny sold.
5. 1933 penny King George V
The Royal Mint had no plans to make any pennies in 1933 because there were already plenty around. However, a small number were produced following requests for a commemorative coin. Experts have always worked on the basis there were seven. Of these, three were placed by the King under the foundation stones of buildings, two were presented to the British Museum and two found their way to private collectors. In September 1970, during building work, one of the coins was stolen from the cornerstone of the Church of St Cross in Middleton, Leeds. Rather than risk a further theft, the Bishop of Ripon ordered that another coin buried at St Mary's Church in Hawksworth should be unearthed and sold. Today the Mint Museum, British Museum and the University of London each hold one of the coins, with three in private collections. Expert believe a genuine coin would fetch more than £80,000, while some versions would be more than £100,000. Read More: 1933 penny King George V.
