A simple penny might not seem like much. But imagine pulling one from your pocket only to find out it’s worth $13 million. Sounds like a dream, right? Well, that’s the real story behind one of the rarest coins in U.S. history—the 1943 Lincoln Wheat Penny made of copper. Most pennies from that year were steel, but a few copper versions slipped through. And if you ever find one, you could be sitting on a gold mine.
Table of Contents
History
Back in 1943, the U.S. was in the thick of World War II. Copper was needed for ammo and military equipment, so the U.S. Mint switched penny production from copper to steel. But a few copper blanks from 1942 were still in the mint presses, and they accidentally got used. The result? A small number of 1943 copper pennies were minted, by mistake.
For years, no one even knew they existed. Then, a few started popping up—one here, another there—and suddenly collectors were scrambling to get their hands on one.
Value
Why would anyone pay millions for a penny? It all comes down to three things: rarity, condition, and authenticity.
Let’s break it down:
| Factor | Impact on Value |
|---|---|
| Rarity | Only a few exist |
| Condition | Mint coins sell higher |
| Authenticity | Must be verified by experts |
Only about 10 to 15 authentic 1943 copper pennies are known to exist. One of them sold for a staggering $13 million, making it one of the most valuable coins ever sold. And that’s just one lucky find.
Spotting
Think you’ve found a winner? Here’s how to check if your penny is the real deal:
- Check the date: It must say 1943.
- Use a magnet: If it sticks, it’s steel. If not, it might be copper.
- Look at the color: Copper pennies have that classic reddish-brown tone.
- Get expert help: Contact a professional coin grading service for verification.
So, grab a magnet and start testing those pennies—you never know.
Knowings
People have found these valuable coins in the most unexpected places: inherited coin jars, estate sales, old piggy banks. Some were even sitting in pocket change for years before anyone noticed.
Recent finds have proven that these coins are still out there. That’s what keeps collectors and hopefuls searching. It’s not just about money—it’s the thrill of the hunt.
Others
While the 1943 copper penny is the crown jewel, there are a few other Lincoln pennies that can rake in serious cash:
| Penny Type | Potential Value |
|---|---|
| 1909-S VDB | Over $100,000 |
| 1944 Steel Penny | $75,000 – $500,000 |
| 1955 Double Die | Up to $50,000 |
If you enjoy coin collecting or just want to play the odds, these are some of the top contenders worth hunting for.
Chance
The idea that you could hold a $13 million coin in your hand is surreal, but not impossible. A few of these rare pennies are still believed to be in circulation. That means it could happen to anyone. So next time you go through your change, don’t just toss the pennies aside. Look closely. That unassuming coin might just change your life.
FAQs
What makes the 1943 penny rare?
It’s one of few made in copper instead of steel that year.
How many 1943 copper pennies exist?
Only around 10 to 15 authentic coins are known today.
Can I find one in circulation?
Yes, a few are still believed to be out there.
How do I check if mine is real?
Use a magnet and consult a coin grading expert.
What’s the most a 1943 penny sold for?
One sold for an amazing $13 million at auction.
