The 1922 Lincoln Penny Worth $3.8 Million – Collecting coins has always been an interesting hobby, with a story hidden behind each coin, and many times these coins reach millions of dollars in auction. One of these is the 1922 Lincoln Penny, whose price has reached 3.8 million dollars (about Rs 28 crore) today. This coin is very popular among collectors around the world due to its rarity and historical importance.
The story of 1922 Lincoln Penny
The 1922 Lincoln Penny is extremely rare due to a special type of fault. This coin was made at the Denver Mint, which was the only penny-making institution at that time. The “D” mintmark was missing on many coins of this year due to the deterioration of the die, making this coin even more rare. This flaw is clearly visible in the design of the coin and it is very easy to identify it from a normal coin.
Key Features of the 1922 Lincoln Penny
- Year: 1922
- Mint: Denver (but rare versions missing the “D” mintmark)
- Content: 95% copper, 5% tin and zinc
- Fault Type: Mintmark missing due to die wear
- Value: Up to $3.8 million for rare and high-quality versions
Why is the 1922 Lincoln Penny rare?
- Rarity: The lost “D” mint-mark resulted from a die that was very worn out. Coins of this type had been struck in such a limited number that they were extremely rare and valuable to coin collectors.
- Historical Significance: This coin is a part of American history at a time when the country was still recovering from economic instability. The year 1922 represents transition, which was a turning point in history.
- Resource Condition: If the coin is in good condition, especially MS-65 or above, its value increases further. Even lightly worn coins can sell for thousands of dollars.
How to Identify a 1922 Lincoln Penny?

If you’re looking for this valuable coin, look for the following characteristics:
- Missing mintmark: The missing “D” mintmark on the coin’s reverse (back) is a key identifying feature of this coin.
- Clear design: Genuine 1922 Lincoln pennies without a mintmark often have sharp designs, especially on Lincoln’s face and the wheat stems.
- Weight: This coin weighs approximately 3.11 grams.
- Professional grading: It is essential to get it graded by professionals from certified grading authorities such as PCGS or NGC just to confirm the authenticity as well as the condition of the piece.
Some other rare coins that can sell for millions:
- 1943 Copper Penny – $250,000+
- 1955 Doubled Die Penny – $50,000+
- 1969-S Doubled Die Penny – $45,000+
- 1877 Indian Head Penny – $70,000+
- 1914-D Lincoln Penny – $20,000+
- 1922 No “D” Penny – $3.8 million
- 2004 Wisconsin Quarter – $1,500
FAQs On The 1922 Lincoln Penny Worth $3.8 Million
Q. Is the 1922 Lincoln Penny the only coin that can be this valuable?
A. No, there are many types of coins that are rare and hold a lot of value. But the 1922 Lincoln Penny tops the list.
Q. Is this coin easy to find?
A. This coin is very rare and most coins have the “D” mintmark. However, it is likely that you will find this coin in your pile of old coins.
Q. What is the exact price of a 1922 Lincoln Penny?
A. Its price depends on the condition of the coin and its rarity. High-quality coins can be worth millions, while coins in poor condition can sell for thousands.