Posted by A penny might be worth more than just one cent—a lot more. One particular Lincoln Wheat Penny, believed to still be in circulation, is valued at an astonishing $1,111,111.
This rare coin has captivated collectors and casual change-checkers alike, all wondering the same thing: Could it still be out there?
What Makes This Lincoln Wheat Penny So Valuable?
Not all pennies are created equal. While the Lincoln Wheat Penny series ran from 1909 to 1958, a few rare varieties are known to command sky-high prices. Among them, the 1943 Copper Lincoln Wheat Penny stands out for its extraordinary value.
In 1943, most pennies were minted from zinc-coated steel due to wartime copper shortages. However, a small number were mistakenly struck using copper planchets intended for 1942 coins. These rare errors became legendary among collectors.
Estimated Values of the 1943 Copper Lincoln Penny
Depending on the mint mark and coin condition, the 1943 copper penny can sell for hundreds of thousands—or even over a million dollars.
| Mint Location | Mint Mark | Estimated Value (Top Grade) |
|---|---|---|
| Philadelphia | No Mint Mark | Up to $1,111,111 |
| Denver | D | Up to $1,700,000 |
| San Francisco | S | Up to $1,400,000 |
Only a few dozen of these copper coins are known to exist, making them exceptionally rare and desirable.
How to Identify a 1943 Copper Lincoln Wheat Penny
If you think you’ve come across a valuable penny, here are the key features to check:
- Check the Date: It must read 1943.
- Perform the Magnet Test: Real copper pennies are not magnetic. If it sticks to a magnet, it’s steel and not the valuable one.
- Examine the Color: Copper pennies have a reddish-brown appearance, while steel pennies are silvery.
- Look Below the Date: A small “D” or “S” indicates the Denver or San Francisco mint. No letter means it was minted in Philadelphia.
If your coin passes all of these tests, you may be holding a true treasure.
Still in Circulation?
Although the odds are incredibly slim, it’s believed that a few of these rare coins could still be circulating unknowingly. Over the years, some have been discovered in coin rolls, piggy banks, and even found in pocket change by lucky individuals.
Because many people overlook pennies, especially older ones, it’s possible that a valuable coin could slip through unnoticed—until now.
Other Valuable Lincoln Wheat Pennies
While the 1943 copper version is the crown jewel, other Lincoln Wheat Pennies are also worth significant sums:
- 1909-S VDB – The first year of the series with designer initials.
- 1914-D – A low-mintage date with high value.
- 1922 No D – A minting error makes this a rare find.
- 1955 Doubled Die – Known for its clearly doubled lettering.
Keeping an eye out for these rare pennies can make everyday change more exciting.
What to Do If You Find One
If you believe you’ve found a rare Lincoln Wheat Penny, follow these steps:
- Avoid cleaning the coin – Cleaning can reduce its value.
- Place it in a protective holder – Keep it safe from scratches and damage.
- Get a professional evaluation – Reach out to a trusted coin grading service or dealer for authentication.
A genuine coin in mint condition could change your financial future.
The idea that a $1,111,111 penny might still be in circulation is both thrilling and motivating. It’s a reminder that hidden gems can be anywhere—even in the bottom of a coin jar.
With just a little attention and knowledge, you might stumble upon one of the rarest Lincoln Wheat Pennies ever made. So the next time you receive a handful of change, take a closer look—you just might be holding a small fortune.
FAQs
How rare is the 1943 copper Lincoln penny?
Fewer than 50 authentic examples are known to exist, making it one of the rarest coins in U.S. history.
What’s the fastest way to check if my 1943 penny is valuable?
Use a magnet—if it sticks, it’s steel. If not, check its color and mint mark for further clues.
Can these rare pennies be found in bank rolls?
Yes, a few have been discovered in bank rolls and pocket change, making roll searching a popular hobby among collectors.