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The Global Insight

Is the 1971 New penny worth anything?

Author

Michael Gray

Updated on April 10, 2026

An incredible 1,521,666,250 “New” 1p coins were struck in 1971 as Britain moved to a decimal currency. The original design – with “New Penny” on the back and the Arnold Machin portrait of the Queen on the front – was used unchanged for 10 years, but it’s the original 1971 coins that are worth the money.

What new pennies are worth money?

25 Most Valuable US Pennies

  • 1.) 1944 Steel Wheat Penny – Worth $110,334.
  • 2.) 1943 Copper Wheat Penny – Worth $85,782.
  • 3.) 1856 Flying Eagle Penny – Worth $25,000.
  • 4.) 1873 Indian Head Penny – Worth $10,000.
  • 5.) 1858 Flying Eagle Penny – Worth $10,000.
  • 6.) 1857 Flying Eagle Penny – Worth $7,000.
  • 7.)
  • 8.)

What is the most valuable new penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

How much is a 1971 coin worth?

Eisenhower Dollars Average Prices and Values

Date & MintCirc. BuyUnc. Sell
1971$2.00$4.00
1971-D$2.00$4.00
1971-S Silver$7.00$9.50
1971-S Slv. Proof Proof$10.50

Are there any pennies that are worth anything?

(Price Analysis) Valuable Pennies – Key Years – 2021 Update #1 – 1944 Steel Wheat Pennies. Are wheat pennies worth anything? The answer is most definitely – yes! Among the li… #2 – 1943 Copper Wheat Pennies. With an average value of $60,000, these 1943 pennies can reach $86,000 in …

Why are copper pennies so much more valuable?

The high value of this coin is due to its uncirculated condition and its original copper-red color. In 1856, the price of copper rose to the point that it took more than a penny’s worth of copper to make a penny. Prior to this date, pennies were large and bulky and were almost the size of a half-dollar.

Are there any 1p coins that are worth money?

This saw the birth of 1p coins with “New Penny” embossed on its side – and it’s these coins that are worth big money. It features the second portrait of the Queen to appear on a coin, and she is wearing the Girls of Great Britain and Ireland Tiara. The lettering around the side reads: “D·G·REG·F·D·1971 ELIZABETH·II”.

What does it mean when you find a penny?

Finding dimes and pennies is not an ordinary thing, neither are they coincidences. What does it mean when you find a penny? When you come across pennies and dimes various times, it is an indication from the spirit world of someone trying to communicate with you.