Most of us carry loose change without giving it much thought, but hidden among ordinary coins are rare treasures that can fetch a small fortune. One such coin is a U.S. penny that has sold for as much as $85,000 at auction.
The coin in question is the 1943 copper penny, also known as the “1943 bronze Lincoln cent.” During World War II, copper was needed for ammunition and other military supplies, so the U.S. Mint decided to make pennies out of steel coated with zinc instead. However, a small number of 1943 pennies were accidentally struck on leftover copper planchets from 1942. These mistakes became some of the most famous error coins in American history.
Because only a few of these copper pennies from 1943 exist, they are highly sought after by collectors. In pristine condition, one can sell for tens of thousands of dollars.
How to Tell if You Have One:
- Check the Year – It must say 1943 under Lincoln’s portrait.
- Test the Magnet – A genuine 1943 copper penny will NOT stick to a magnet. If it does, it’s a steel penny (which is common).
- Look at the Color – It should have a brown or reddish tone like other copper coins, not the silvery look of steel.
- Get It Appraised – If you think you’ve found one, take it to a reputable coin dealer or grading service.
Most 1943 pennies you’ll come across are steel and worth only a few cents, but if you’re lucky enough to find a copper one, you could be holding a life-changing discovery.
So the next time you check your spare change, don’t ignore those pennies — one of them could be worth $85,000 or more.
