People regard them as curios and like to keep a few as souvenirs. They also appear on eBay, priced more optimistically. The going rate for a circulated 1¢ or 2¢ coin is $3 while those in mint (uncirculated) condition can be worth up to $15.
What are old 1 cent coins worth?
Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.
What can you do with 1 cent coins?
- Use them as a tire tread gauge.
- Weigh down your curtains.
- Make cool drink coasters.
- Use them as washers.
- Make your own wall art.
- Create a unique floor, wall, or backsplash.
- Fix a wobbly table or chair.
- Make a bowl for your keys, wallet, and sunglasses.
What is the rarest 1 cent Australian coin?
Proof 1930 Penny
The latest sale of this rare Australian Penny in March 2019 claimed a new record as the most expensive Australian penny, selling for A$1.15 million. Lauded as a work of art, the ‘proof penny’ was never destined for circulation.
What is the rarest 1 cent?
1877 Indian Head Penny
This is the rarest date of all the Indian Head pennies ever minted.
What penny is worth $1000000?
The Most Expensive Penny
In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.
How do I know if my coin is worth money?
- Initial Mintage Number. This refers to how many of the coins were originally minted and available in the market.
- Coin Grade. The better condition your coin is in, the more valuable it can be.
- Demand.
Do banks accept 1 cent coins?
Yes, 1c and 2c pieces are still Australian legal tender, but they are not considered as ‘currency’ (or, money that is officially released for circulation). This means that you can take your old 1c and 2c coins to the bank and exchange them for currency totalling the same face value.
Can 1 cent still be used?
The 1-cent coins that are in circulation remain legal tender in Singapore and can continue to be used as a means of payment for goods and services.
How can I sell my old pennies?
- EBAY. eBay is one option for selling your coins online, but the high fees and dealing with bidders and buyers personally discourage many sellers from taking this route.
- BULLION DEALERS.
- MAJOR AUCTION HOUSES.
Are any Australian 1 cent coins valuable?
People regard them as curios and like to keep a few as souvenirs. They also appear on eBay, priced more optimistically. The going rate for a circulated 1¢ or 2¢ coin is $3 while those in mint (uncirculated) condition can be worth up to $15. Rarities, such as a 1966 ”mis-struck” coin, are listed for $95.
What is a 1966 Australian 1 cent worth?
People regard them as curios and like to keep a few as souvenirs. They also appear on eBay, priced more optimistically. The going rate for a circulated 1¢ or 2¢ coin is $3 while those in mint (uncirculated) condition can be worth up to $15. Rarities, such as a 1966 ”mis-struck” coin, are listed for $95.
What year Australian pennies are worth money?
The 1930 penny is one of the rarest Australian coins, due to a very small number being minted, and holds the record as the most valuable copper penny in the world. It is highly sought after by coin collectors, and a 1930 penny in very fine condition can be worth A$45,000 or more.
What coins to look for that are worth money?
- The 1794 Flowing Hair Silver Dollar. picture alliance/Getty Images.
- The 1787 Brasher Doubloon.
- The 1787 Fugio cent.
- The 723 Umayyad Gold Dinar.
- The 1343 Edward III Florin.
- The 1943 Lincoln Head Copper Penny.
- The 2007 $1 Million Canadian Gold Maple Leaf.
- 1913 Liberty Head V Nickel.
How much is a 1943 penny worth today?
They are worth about 10 to 13 cents each in circulated condition and as much as 50 cents or more if uncirculated.
What 1960s pennies are worth money?
The 1960 penny with no mint mark and the small date is worth around $3 in uncirculated condition with an MS-63RB grade. The value is around $7 in uncirculated condition with a grade of MS-65RD. The 1960 D penny with the small date is worth around $0.20 in uncirculated condition with an MS-63RB grade.
References:
- https://www.workandmoney.com/s/most-valuable-pennies-bbc306580a144162
- https://www.thrillist.com/home/10-actually-useful-things-you-can-do-with-pennies-alternate-uses-for-coins
- https://themarketherald.com.au/fancy/the-royal-mint-rare-australian-coins-worth-a-fortune/
- https://www.thesprucecrafts.com/the-most-valuable-pennies-4151629
- http://content.time.com/time/specials/packages/article/0,28804,1913870_1913868_1913831,00.html
- https://www.chicagogoldgallery.com/blog/how-to-know-if-a-coin-is-worth-big-money/
- https://www.ramint.gov.au/frequently-asked-questions
- https://www.mas.gov.sg/currency/circulation-currency/circulation-currency-coins
- https://www.gainesvillecoins.com/blog/how-to-sell-old-coins
- https://www.smh.com.au/money/investing/cash-to-be-made-by-taking-leave-of-your-cents-20110118-19uvh.html
- https://www.coinsandaustralia.com/coins-prices-value-decimal.php?coin=one-cent-1966&years=one-cent-1966-1984&cat=decimal
- https://en.wikipedia.org/wiki/Penny_(Australian_coin)
- https://www.bankrate.com/investing/worlds-most-valuable-coins/
- https://www.thesprucecrafts.com/worth-of-1943-penny-768863
- https://www.silverrecyclers.com/coins/1960-penny.aspx