
Did you know a simple 1970-S penny could make you a millionaire? π€― In 2023, one of these rare coins sold for a whopping $5 million at auction. With fewer than 10 confirmed in existence, you might just have one sitting in your coin jar! πͺβ¨
β οΈ Why Is the 1970-S Penny So Valuable?
The secret lies in a minting error made at the San Francisco Mint. Only a few coins left the press with this mistake, making them ultra-rare.
Hereβs what sets the 1970-S βSmall Dateβ error penny apart:
π The β7β in 1970 sits slightly lower than the β1β and β9.β
π The word βLIBERTYβ appears bolder and sharper than normal.
π Only pennies with an βSβ mint mark (San Francisco) can be this error coin.
π How to Check Your 1970 Pennies (Step by Step)
If you have old pennies lying around, hereβs how to spot the treasure:
1οΈβ£ Look at the Date
- β Small Date Error β The β7β is lower than the β1β and β9.β
- β Normal Date β All numbers are evenly aligned.
2οΈβ£ Check the Word βLIBERTYβ
- β Rare Error β Letters look bold and sharp.
- β Normal Coin β Letters may appear faint.
3οΈβ£ Find the Mint Mark
- β Must have an βSβ under the date.
- β No βSβ? Not the rare one.
π‘ Tip: Use a magnifying glass for best results! π
π΅ 1970-S Penny Value Chart (2024 Prices)
Condition | Normal 1970-S Penny | Rare Small Date Error |
---|---|---|
Worn (Circulated) | $0.01 | $25,000+ |
Mint State | $1 β $5 | $1M β $5M+ |
π As you can see, the difference is life-changing! π
π Where to Buy or Sell Rare Pennies
If you think youβve found one, be careful where you buy or sell. Scams are common!
βοΈ For Buyers
- Trusted dealers: PCGS CoinFacts, Heritage Auctions
- Always buy coins certified by PCGS or NGC
βοΈ For Sellers
- Step 1: Get your coin graded β (PCGS/NGC required)
- Step 2: Auction it via Heritage Auctions or Stackβs Bowers
- Step 3: For high-value coins, consider private sales (through experts only)
β οΈ Avoid eBay or unverified buyers at all costs!
β What to Do If You Find One
π₯ Found a 1970-S Small Date Penny? Do this immediately:
- β Donβt clean it (even fingerprints lower value).
- πΈ Take clear photos of the date & mint mark.
- π Contact an expert (PCGS: 1-800-447-8848 | experts@pcgs.com).
β Key Takeaways
βοΈ Only 5β10 exist, making it the rarest modern penny.
βοΈ Always check your old 1970-S penniesβyou never know!
βοΈ Never sell it rawβgrading is mandatory before sale.
π¬ Want a free printable checklist to help you identify this rare penny? Comment β1970ERRORβ below and Iβll send it to you! π
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