In a Surprising Discovery, a Rare Lincoln Penny Could Be Worth Over $1.8 Million
It might sound like a plot from a movie, but a rare Lincoln penny—possibly still in circulation—could be valued at over $1.8 million. This isn’t a myth or internet rumor.
It’s a real story that has coin collectors and everyday people closely inspecting their loose change.
The Lincoln Penny That Made Headlines
Since its introduction in 1909, the Lincoln penny has been a familiar part of American money. However, some unique versions of this coin have gained legendary status, especially due to rare minting errors. One of the most valuable is the 1943 bronze Lincoln penny.
During World War II, the U.S. Mint stopped using copper for pennies and switched to zinc-coated steel to save copper for the war. Yet, a few pennies were accidentally made using leftover bronze blanks from 1942. These error coins weren’t supposed to be released, but a small number made it into circulation.
Why This Coin Is So Valuable
Only a very limited number of 1943 bronze Lincoln pennies are known to exist. What makes them so special is that nearly all pennies from that year were made of steel. Finding one in bronze is like hitting a rare coin jackpot.
One such coin sold for $1.7 million in 2010. Today, based on condition and history, the value could exceed $1.8 million. These coins are extremely rare, but they haven’t all been found yet.
How to Spot the Million-Dollar Penny
Think you might have one of these rare pennies? Here are the signs to check:
- Date: Look for the year “1943.”
- Color: Regular 1943 pennies are silver-colored (steel). A brown or copper appearance might mean it’s bronze.
- Magnet Test: Steel pennies stick to a magnet. Bronze ones don’t.
- Weight: A bronze penny weighs about 3.11 grams. Steel pennies are around 2.7 grams.
If your penny matches these traits, it’s a good idea to have it professionally authenticated by a grading service like PCGS or NGC.
Are These Still Really in Circulation?
It may seem unlikely, but rare coins often go unnoticed. Many are stored in jars, forgotten drawers, or passed down in families. Rare finds have come from garage sales, old collections, and even pocket change from vending machines.
Though the odds are low, it’s still possible that a few of these 1943 bronze pennies are out there, waiting to be discovered.
Why Coin Collectors Are Always Watching
Rare coins have always fascinated collectors. But the idea that a simple penny in your change could be worth millions adds a sense of excitement. While coin use is decreasing in the digital age, the value of some coins keeps rising.
Collectors suggest checking old jars, inherited boxes, and even childhood piggy banks. That one overlooked coin could be a valuable treasure.
Final Thoughts
A 1943 Lincoln penny made from bronze rather than steel could now be worth over $1.8 million. While finding one is rare, the chance is still out there. So, the next time you come across a 1943 copper-colored penny, take a closer look—it might just be a hidden gem.
FAQs
Q1: How many 1943 bronze Lincoln pennies are known to exist?
A: Fewer than 20 examples are confirmed to exist, making them extremely rare.
Q2: Can I find a 1943 bronze penny in circulation today?
A: While very unlikely, it’s still possible. Some may be hidden in old collections or coin jars.
Q3: What should I do if I think I have one?
A: Have it evaluated by a trusted grading service like PCGS or NGC for authentication.
Q4: Are there other rare pennies worth a lot of money?
A: Yes, several pennies with minting errors or low mintages can be worth hundreds or even thousands of dollars.