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If you enjoy coin collecting or just have a habit of checking your pocket change, here’s one coin you should definitely know about—the RPM Wheat Penny.
At first glance, it may look like any regular penny, but a small minting mistake has turned some of these coins into rare treasures worth up to $32,900.
What Is an RPM?
RPM stands for Repunched Mint Mark. It’s a type of minting error that happens when the mint mark on a coin—like the letter “S” for the San Francisco Mint—is punched into the die more than once but in slightly different positions.
Instead of removing the first incorrect mark, the mint worker accidentally strikes the mint mark again, slightly off-target. This results in what collectors call an “S over S” or “S/S” mark. You can often spot this with the help of a magnifying glass or coin microscope.
Most Valuable RPM Penny
The most valuable RPM coin is the 1955-S Lincoln Wheat Penny with the S/S repunched mint mark. In perfect condition, one of these coins sold at auction for an impressive $32,900.
Here’s a quick breakdown of what these coins might fetch:
Even lower-grade versions can still be worth hundreds of dollars if the RPM is clear and easy to spot.
How To Spot an S/S RPM Penny
Want to check your coins? Here’s how to spot an RPM penny:
If it looks like the “S” was stamped twice, slightly misaligned, you may have a valuable RPM penny.
Why Are RPM Pennies So Valuable?
These pennies are worth so much more than face value due to three factors:
The clearer the doubling and the better the coin’s overall condition, the higher the value. Coins graded by professional services like PCGS or NGC often sell for much more at auctions.
What To Do If You Find an RPM Penny
If you think you’ve found a possible RPM coin, don’t clean it. Cleaning can scratch the surface and destroy its collector value. Instead:
The RPM Wheat Penny is proof that even small mint errors can create big value. This small error in minting has turned an otherwise common coin into a prized find in the world of coin collectors.
Whether you’re a serious hobbyist or just curious, keep your eyes open. One small detail could turn an ordinary penny into an extraordinary payday.
FAQs
What does RPM stand for?
It means Repunched Mint Mark, a type of minting error.
Which RPM penny is most valuable?
The 1955-S RPM penny, worth up to $32,900.
How do I spot an S/S RPM?
Look for a shadow or double ‘S’ under the date with a magnifier.
Is every RPM penny valuable?
Not all are extremely valuable, but clear ones in good condition are.
Should I clean my RPM coin?
No, cleaning lowers its value. Keep it as is.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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