The US penny production has been halted, leaving collectors wondering if this change will increase the value of rare coins. Experts say it’s not a straightforward answer.
While many pennies are no longer being produced due to high production costs exceeding their actual value, some coins, like the 1909 VBD-S “wheat pennies,” have increased in value due to their rarity. According to John Haas, owner of Newark Coin and Jewelry, these special pennies are worth more than others because they were made for a specific occasion.
However, rare coins from estate sales or family collections can also be valuable. In Delaware, some stores like Lewes Mercantile Antique Gallery and Dutch Country Auctions have seen an increase in demand for rolls of “wheat pennies” and other rare coins.
The rising prices for coins are partly due to the increasing value of precious metals, said Vince Marra, senior appraiser at Dutch Country Auctions. This has led to a surge in interest from collectors and investors.
For those looking to buy or sell rare coins, experts recommend checking with reputable dealers like Newark Jewelry & Coin, Diamond State Coins & Currency, and Dutch Country Auctions. They also suggest keeping an eye on estate sales and auctions for unique finds.
While the penny production halt may have a minor impact on coin values, it’s not a guarantee that rare coins will become more valuable overnight. The market is driven by various factors, including demand, supply, and economic conditions.
Source: https://eu.delawareonline.com/story/news/local/2025/06/09/pennies-end-production-will-their-value-go-up-to-delaware-collectors/84046551007