1942 Penny Value Guide: Rare Errors Worth Up to $17,625+

đź’° A single 1942 penny could be worth over $17,000—but only if it’s the right variety! Here’s your ultimate guide to spotting the rarest 1942 Lincoln cents, including key errors and their staggering values.


1. 1942 Penny (No Mint Mark) – The $17,625 Rarity

Key Features

✔️ Philadelphia Mint issue (no mint mark)
✔️ CAM (Cameo) designation â€“ Frosty design with mirrored fields
✔️ PR67 (Proof) condition â€“ Nearly flawless surfaces

Why It’s Valuable

  • Extremely rare in proof condition – Fewer than 50 known
  • Demand from registry set collectors – Top-grade examples command premiums
  • Last year of regular-issue proofs before WWII halted production

Current Value (2024)

  • PR65: $8,000-$10,000
  • PR67 (Cameo): $17,625 (record auction price)

2. 1942-D Penny (Denver Mint) – The $12,650 Red Gem

Key Features

✔️ “D” mint mark below the date
✔️ RD (Red) designation â€“ Full original copper color
✔️ MS68 condition â€“ Virtually perfect for the era

Why It’s Valuable

  • Denver Mint produced fewer pennies in 1942 due to wartime metal shortages
  • MS68 examples are ultra-scarce – Only 3-5 confirmed by PCGS
  • “Full Red” coins fade over time – Uncirculated reds are prized

Current Value (2024)

  • MS65 RD: $1,200-$1,800
  • MS68 RD: $12,650 (highest-graded example)

3. 1942-S Penny (San Francisco Mint) – The $12,650 Sleeper

Key Features

✔️ “S” mint mark below the date
✔️ RD (Red) designation â€“ Vibrant original color
✔️ MS68 condition â€“ Exceptional surfaces

Why It’s Valuable

  • Lowest mintage of 1942 pennies (85M vs. 657M in Philly)
  • San Francisco coins often weakly struck – Fully-detailed MS68s are rare
  • Popular with “Rainbow Toned” collectors – Natural toning adds value

Current Value (2024)

  • MS65 RD: $1,000-$1,500
  • MS68 RD: $12,650 (tied with 1942-D for top pop)
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Bonus: 1942 Error Pennies Worth $1,000+

A. 1942 Doubled Die Obverse (DDO)

  • Visible doubling on “LIBERTY” and date
  • Value: $1,500 (EF-40) to $15,000 (MS65)

B. 1942 Off-Center Strike (15-30%)

  • Misaligned hammer die creates off-center design
  • Value: $300 (10% off) to $5,000 (30%+ off)

C. 1942 Steel Planchet Error

  • Struck on leftover 1943 steel planchet (EXTREMELY RARE)
  • Value: $100,000+ (only 2 known)

How to Grade Your 1942 Penny Like a Pro

  1. Color Matters:
    • RD (Red): Full original color (most valuable)
    • RB (Red-Brown): Partial color
    • BN (Brown): No red remaining
  2. Surface Quality:
    • MS/PR-65+: No visible scratches under 5x magnification
    • Check for: Luster, strike sharpness, and toning
  3. Error Verification:
    • Use a 10x loupe to spot doubling or planchet flaws

Real Auction Prices (2023-2024)

đź’° $17,625 â€“ 1942 PR67 CAM (Heritage, 2023)
đź’° $12,650 â€“ 1942-D MS68 RD (PCGS, 2024)
đź’° $9,400 â€“ 1942-S MS67+ RD (Stack’s Bowers)
đź’° $28,200 â€“ 1942 Steel Planchet (Legend Rare Auctions)


“I Found My 1942 Treasure In…”

“Mine was in my grandfather’s WWII footlocker!” â€“ James R., Ohio
“Paid $1 at a flea market—sold for $11K!” â€“ Linda T., California


What To Do If You Have a Rare 1942 Penny

  1. Handle by edges only – Fingerprints reduce value
  2. Photograph under natural light – Capture color and luster
  3. Submit to PCGS/NGC – Certification adds 200-300% value
  4. Insure immediately – Top-graders are theft targets

⚠️ Beware of Altered Coins!
❌ Added mint marks (check for tooling marks)
❌ Artificial toning (unnatural rainbow colors)
❌ “Whizzed” coins (shiny surfaces from polishing)


Free 1942 Penny Evaluation

📸 Email photos to 1942Expert@LincolnCent.com
📞 Text “1942FIND” to 555-1942 for fast response

[đź’ˇ Pro Tip: Check all 1941-1943 pennies—transitional errors hide in plain sight!]

P.S. Your junk drawer could hold a five-figure penny—start hunting today!

🔥 Reply “1942RARE” for priority authentication đź”Ą


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