Everyday moments can sometimes lead to life-changing discoveries — and that’s exactly what happened when a California man pulled change from a vending machine. Among the coins was a seemingly ordinary penny, but it turned out to be a 1970-S Small Date Lincoln penny, now valued at over $85,000.
A Coin That Changed Everything
The lucky finder initially didn’t notice anything unusual. But something about the penny’s date and the word “LIBERTY” caught his eye. Curious, he researched the coin and quickly realized he could be holding a numismatic rarity. Experts later confirmed it as a genuine 1970-S Small Date penny in excellent condition — a rare combination that sent its value soaring.
What Makes the 1970-S Small Date Penny So Rare?
While millions of Lincoln cents were minted in 1970, only a small number were part of the Small Date variety from the San Francisco Mint. The differences are subtle but distinct — and collectors are always on the lookout for these rare coins.
Small Date vs. Large Date
The key visual clue is in the number “7” in “1970”:
- Small Date: The “7” is level with the other digits.
- Large Date: The “7” sits slightly lower than the “1” and “9.”
Additionally, the word “LIBERTY” appears weak or lightly struck on most Small Date versions, another feature to watch for.
Condition is Everything
Most 1970-S Small Date pennies that have been in circulation show significant wear. But the vending machine find was a rare exception — it was still in near mint condition, which dramatically increased its value.
According to PCGS (Professional Coin Grading Service), coins graded MS67 or higher can command prices well over $50,000 — and in some rare auction cases, even exceed $85,000. That’s exactly what happened with this penny.
Could There Be One in Your Pocket?
Yes — it’s entirely possible. Many rare pennies are still in circulation or tucked away in old coin jars. The 1970-S Small Date penny is a great example of a valuable coin hiding in plain sight.
How to Identify a 1970-S Small Date Penny
- Look for the “S” mint mark just below the date (for San Francisco).
- Check the alignment of the “7” in the date — is it level?
- Examine how strongly the word “LIBERTY” is struck.
- Use a magnifying glass or coin loupe for best results.
Why These Discoveries Matter
Finding a rare coin like the 1970-S Small Date penny is more than just a lucky moment — it’s a connection to America’s minting history. These coins are prized not only for their value but also for their place in the evolving story of U.S. currency.
In an era dominated by digital payments, it’s easy to ignore pocket change. But this story is a powerful reminder that real treasure still circulates — if you know what to look for.
Final Thoughts
The next time you get change from a vending machine or dig through your coin jar, don’t dismiss the pennies. That small copper coin could be hiding a big secret — just like the 1970-S Small Date Lincoln penny that turned spare change into an $85,000 windfall.
Keep your eyes open — the next big discovery might be right in your pocket.