Most people think of pennies as pocket change—something barely worth saving. But a few rare ones are worth more than their weight in gold. One of the most valuable of all is the 1943 Copper Lincoln Penny, an accidental masterpiece that can fetch over $100,000 at auction. It’s so rare that finding one feels like striking gold—literally. And yes, it could be hiding in a drawer near you.
1943 Copper Lincoln Wheat Penny
In 1943, the U.S. Mint switched from copper to steel for penny production due to wartime shortages. However, a few copper planchets from 1942 mistakenly ended up in the presses, resulting in a very small number of 1943 Copper Lincoln Pennies.
These coins look like typical pennies—reddish brown, not silver like the common 1943 steel version. Their rarity makes them a collector’s dream, with confirmed sales of $100,000 to $250,000, depending on condition.
How to Identify One
Finding out if you have a genuine 1943 copper penny is surprisingly simple:
- Color: It should be copper or reddish brown.
- Magnet Test: A real 1943 copper penny won’t stick to a magnet (steel ones will).
- Date: Look for “1943” stamped on the front.
- Weight: The copper version weighs 3.11 grams, while steel pennies weigh 2.7 grams.
If your coin checks all the boxes, you may have a rare treasure on your hands.
Why It’s So Valuable
The 1943 copper penny is not just rare—it’s a minting error, created during a transitional year in U.S. coin production. With only 15 to 20 known examples, collectors are willing to pay top dollar for an authentic piece. Its value comes from both its rarity and the story behind its accidental creation.
Don’t Overlook That Penny
What looks like an ordinary coin might be one of the rarest and most valuable pennies ever minted. The 1943 Copper Lincoln Penny proves that real money could be sitting unnoticed in an old coin jar, drawer, or inherited collection. If you find one, don’t spend it—have it checked by a professional. You could be holding six figures in your hand.
FAQ’s:
1. How many 1943 Copper Pennies exist?
Fewer than 20 verified examples are known to exist today, making it one of the rarest U.S. coins.
2. How much can a 1943 Copper Penny be worth?
They can sell for $100,000 to over $250,000, depending on condition and authentication.
3. How can I test if I have a real 1943 copper penny?
Use a magnet (it shouldn’t stick) and check the weight (it should be around 3.11 grams).
4. Where can I get the coin authenticated?
Contact a reputable grading service like PCGS or NGC for professional evaluation.
5. Should I clean the coin before submitting it?
No. Cleaning can damage the surface and lower its value—send it in as-is for grading.