Coin collectors often look back to earlier centuries for rare finds, but some of the most valuable treasures can be found in more recent decades. Coins from the 1970s, a time of disco and leisure suits, have gained significant attention due to minting errors and unique features that make them highly desirable among collectors. Some of these coins have fetched five-figure sums at auctions. Here’s a guide to six valuable U.S. coins from the 1970s, highlighting their distinctive features and why they are worth a fortune today, according to the LoveToKnow website.
1971-S Doubled Die Obverse Penny: A Collector’s Gem
This Article Includes
- 1 1971-S Doubled Die Obverse Penny: A Collector’s Gem
- 2 1974-S Reverse Brockage of 1973-S Penny: A Rare Deformity
- 3 1979 Susan B. Anthony Dollar Over 1978 Jefferson Nickel: An Unusual Overstamp
- 4 1971-S Deep Cameo Proof Penny: A Perfectly Minted Treasure
- 5 1970-S Small Date Penny: A Rare Date Variation
- 6 1970-S Large Date Penny: A Doubled Die Marvel
- 7 Conclusion: The Value of 1970s Coins
Estimated Value: $10,350
One of the most sought-after coins from the 1970s is the 1971-S Doubled Die Obverse Penny. This rare coin features a doubled die error on the obverse, meaning the coin was struck twice, causing a doubled image of Lincoln’s portrait. This error results in sharper relief and slightly off-kilter details, which makes these coins stand out from regular pennies. In mint or near-mint condition, this doubled die penny can fetch over $10,000 in auctions, with collectors willing to pay a premium for its rarity and quality.
1974-S Reverse Brockage of 1973-S Penny: A Rare Deformity
Estimated Value: $11,400
Brockage errors are a rare and highly prized mistake in coin minting. The 1974-S Reverse Brockage of 1973-S Penny is a notable example of such a coin, having a standard design on one side and a reversed mirror image of the 1973 penny on the other. This happens when the die gets stuck, imprinting the reverse design incorrectly. In 2020, a high-grade example of this penny sold for an impressive $11,400 at auction, illustrating just how valuable these errors can be.
1979 Susan B. Anthony Dollar Over 1978 Jefferson Nickel: An Unusual Overstamp
Estimated Value: $15,275
This coin is an exceptionally rare example of an overstamp error, where two separate designs from different years were stamped on the same coin. The 1979 Susan B. Anthony Dollar Over 1978 Jefferson Nickel features an image of Susan B. Anthony stamped over the Monticello design from a Jefferson nickel. Such overstamps are already rare, but the fact that this mistake involves two different years makes it even more valuable. This coin sold for over $15,000, making it one of the most unique collectibles from the 1970s.
1971-S Deep Cameo Proof Penny: A Perfectly Minted Treasure
Estimated Value: $17,250
Proof coins are not meant for circulation but are crafted to serve as pristine examples of what minted coins should look like. The 1971-S Deep Cameo Proof Penny is considered one of the most beautiful proof coins from the era, showcasing a deep cameo contrast between the raised design and the mirror-like background. Collectors are drawn to its superb condition, with one such proof penny selling for $17,250. Its flawless appearance and rarity make it a valuable piece in any collection.
1970-S Small Date Penny: A Rare Date Variation
Estimated Value: $18,400
According to Dave’s Collectible Coins blog, The 1970-S Small Date Penny is another highly coveted coin from the 1970s. The difference between the small-date and large-date varieties lies in the size and positioning of the date on the coin. The small-date version has a more delicate and uneven “7” compared to the large-date penny, where the “7” is more level with the rest of the numbers. This subtle difference makes the small-date penny rarer and, therefore, more valuable, with one such coin selling for $18,400.
1970-S Large Date Penny: A Doubled Die Marvel
Estimated Value: $24,150
Though the small-date penny is rare, the 1970-S Large Date Penny can be even more valuable, especially when it features a doubled die error on the obverse. In good condition, this large-date penny can fetch up to $24,150 at auction. The doubled die on this coin is subtle but significant, making it a prized possession for collectors seeking rare minting errors combined with excellent preservation.
Conclusion: The Value of 1970s Coins
Coins from the 1970s may not seem like ancient relics, but their rarity and unique minting errors make them incredibly valuable in today’s collectors’ market. From doubled die mistakes to overstamps and brockage errors, these coins demonstrate how even small imperfections can turn everyday currency into high-priced collectibles. For those who know what to look for, these coins offer the potential for a significant financial reward.