I’m a coin pro – find out the five most common mistakes to look for up to $23,500

A PENNY in your piggy bank could be worth a lot more than a penny.

TikToker Eric Miller, who goes through TheCoinChannel, regularly creates coin and currency content for his followers.


There are certain mistakes that could skyrocket your penny in valueCredit: TikTok/thecoinchannel

Recently, he outlined five major mistakes that could bring your penny’s value to $23,000 in coin collecting circles.

These errors are not as well known as others, but can still earn you a lot of money.

1. 1969 Floating Roof Penny

This penny's mistake is worth $200


This penny’s mistake is worth $200Credit: TikTok/thecoinchannel

The first is the unbranded 1969 floating-roof penny FG.

Eric said these pieces tend to sell for around $200 in the higher categories.

I'm a coin collector - your penny could be worth $3,000
I'm a coin appraiser - your 1980s Lincoln penny could be worth up to $7,000

Here is what you are looking for.

First, it must have a 1969 D printed on it.

This describes both the year and the mint in which it was created.

“Usually the roof is connected to the memorial right here, but if it’s separate, that’s a mistake,” Eric said of the penny.

You should also look for the missing FG initial at the bottom right of the memorial.

If you have this in your pocket, you could soon be $200 richer.

2. 1994 Double penny

In good condition, 1994 penny double die sells for $200


In good condition, 1994 penny double die sells for $200Credit: TikTok/thecoinchannel

Next up is the 1994 double dice penny.

These sell for around $200 if in good condition, according to Eric.

“What you’re looking for are mostly extra lines in the middle of the pillars,” Eric said.

This small detail can be key in identifying the mistake that makes that penny worth thousands of dollars more than its intrinsic value.

If you see this error, make sure it’s a 1994 penny and you might collect some nice change.

3. 1984 Double Ear Penny

If Lincoln has a double ear, it will make your coin more valuable


If Lincoln has a double ear, it will make your coin more valuableCredit: TikTok/thecoinchannel

Sometimes noticing the little things can make you rich quick.

Eric said of the 1984 Double Eared Penny, “It’s really all in the name. You want to see Lincoln with two earlobes.

They sell for $250 in coin collector groups

4. Penny Error 2021

This Crack Makes Your Penny Worth $400


This Crack Makes Your Penny Worth $400Credit: TikTok/thecoinchannel

Next up is a much newer parts addition to the roster.

This 2021 penny hasn’t been in circulation for long, but it has a major crack in the matrix that makes it valuable.

“I think the error is pretty obvious on this one,” Eric said.

There is a huge crack just along the head end of the part.

Eric said these sell for between $300 and $400 and many people have found them in their wallets.

5. 1983 copper coin

A 1983 coin is worth more than most at $23,500


A 1983 coin is worth more than most at $23,500Credit: TikTok/thecoinchannel

Saving the best for last, Eric said you could have a coin worth thousands.

Some 1983 copper pennies sell for $23,500.

Everything flows from the story of the play.

In 1983, pennies were replaced with 95% zinc and had to weigh 2.5 grams.

So finding one from 1983 that weighs 3.1 grams in copper is a big change in the numismatic world.

This is a major and valuable mistake that can skyrocket the value of your penny to $23,500.

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There’s also a double-strike error that could make your penny worth $3,000.

Plus, a coin appraiser tells you why your 1980s penny could be worth up to $7,000.

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