Join

Could a Strawberry Leaf Penny Worth $862,000 Be in Your Coin Jar?

A Record-Breaking Sale

In January 2009, a 1793 Strawberry Leaf Cent sold for a staggering $862,500 at a Stack’s Bowers auction, setting a record for the most expensive U.S. large cent ever sold. This rare coin, one of only four known examples, captivated collectors with its historical significance and unique design. Minted in the first year of U.S. coin production, its four-leaf strawberry sprig distinguishes it from the typical three-leaf variety. The sale, held in Las Vegas, sparked renewed interest in early American coins, prompting many to wonder if such a treasure could still be hiding in an old coin jar or family collection.

Why the Strawberry Leaf Cent Is So Valuable

The 1793 Strawberry Leaf Cent’s value stems from its extreme rarity and historical context. Only four specimens exist, with the finest, graded PCGS VG-10, fetching the record-breaking price. Minted in Philadelphia during the U.S. Mint’s inaugural year, the coin features a Flowing Hair Liberty on the obverse and a wreath with a distinctive four-leaf sprig on the reverse. Its low mintage—estimated at 63,350 Wreath Cents, with just a handful of Strawberry Leaf variants—makes it a numismatic gem. High-grade condition and a clear date, as seen in the Parmelee specimen, further drive its value.

FeatureSpecification
Year1793
Mintage4 known (Strawberry Leaf variety)
CompositionCopper
Record Sale$862,500 (2009, PCGS VG-10)
DesignFlowing Hair Liberty, Wreath Reverse

The Unlikelihood of Finding One

While the idea of discovering a Strawberry Leaf Cent in circulation is tantalizing, it’s highly improbable. Most were identified by collectors long ago, with three certified by PCGS and one held by the American Numismatic Society. The coins’ age—over 230 years—means surviving examples are typically in private collections or museums. Numismatist Don Willis notes, “These coins were prized even in the 19th century, so they rarely stayed in circulation.” Still, inherited coin collections or forgotten stashes could hold surprises, making it worth checking old pennies.

How to Identify a Strawberry Leaf Cent

To spot a potential Strawberry Leaf Cent, examine coins dated 1793. Look for a four-leaf sprig beneath Liberty’s portrait, unlike the common three-leaf trefoil. The obverse should show a Flowing Hair Liberty, and the edge may have “ONE HUNDRED FOR A DOLLAR” lettering. Use a magnifying glass to confirm details, as wear can obscure features. Authenticate any suspected find with PCGS, NGC, or ANACS, as counterfeits exist. Visiting a coin dealer or referencing the “Red Book” can help verify authenticity before dreaming of an $862,500 payday.

A Piece of American History

The Strawberry Leaf Cent is more than a valuable coin—it’s a relic of America’s founding era. Its 2009 sale, following a $414,000 sale in 2004, underscores its enduring appeal. Once owned by WWII hero Major Roscoe E. Staples, the coin carries a poignant backstory, adding to its allure. Collectors cherish it for its rarity and connection to the U.S. Mint’s early days. Even if you don’t find one, searching for rare coins can ignite a passion for numismatics.

Keep Hunting, but Stay Grounded

The $862,500 Strawberry Leaf Cent sale inspires hope, but finding one in a jar is akin to winning the lottery. Still, the hunt can be rewarding. Check old coins for key dates, consult experts, and enjoy the thrill of discovery. As numismatist Q. David Bowers advises, “Collect for the love of history, not just the money.” Your coin jar may not hold an $862,500 penny, but it could spark a lifelong fascination with America’s numismatic treasures.

Leave a Comment