Many of us often spend the coins in our pockets without giving them much thought. However, have you ever considered that one of these coins could actually be worth thousands or even millions? In the world of numismatics, which is the study of coins, many ordinary-looking coins can turn out to be priceless treasures because of their historical significance or rare minting errors. A prime example is the 1943 Lincoln Wheat Penny, which is estimated to be worth around $120 million today.
World War II and the unique story of the 1943 coin
The year 1943 was very difficult for the world. It was the period of World War II and many countries, including America, were facing a huge resource crisis. There was a huge shortage of copper in America because it was being used to make weapons and ammunition. In such a situation, the US Mint made a decision – in 1943, they would make the Lincoln Penny by coating zinc on steel so that copper could be saved.
But as they say, mistakes sometimes make history. During this time, a strange mistake happened. Some coins were cast on old copper plates. This mistake probably did not seem special to anyone at that time, but today the same coins have a price of millions.
What is this amazing 1943 Lincoln Wheat Penny?

The copper Lincoln Wheat Penny made in 1943 is a precious gem in the world of coins today. Most of these coins remained anonymous, but one coin that caught the attention of the whole world came to light in 2019. In an auction organized by Heritage Auctions, the bid for this coin reached $120 million. It became the most expensive coin sold in an auction till date.
Why is this coin so precious?
- Extremely rare – Copper coins of 1943 are available in only a few numbers.
- Excellent condition – The coin that was auctioned was in almost new condition.
- Connection to history – This coin is a unique memento of World War II.
- Collectors’ craze – People are ready to spend anything for such coins.
Can you also have such a coin?
This question comes to the mind of millions of people – Can I also have such a rare coin? If you have an old 1943 Lincoln Wheat Penny, then try to check whether it is a rare copper version or not.
Follow these methods to check:

- Identify the metal – The original 1943 copper coin will not stick to the magnet, while the steel coin will stick.
- Look at the mint mark – “D” (Denver) or “S” (San Francisco) may be written below Lincoln’s picture on the front of the coin, and if nothing is written then it may be from Philadelphia Mint.
- Check the weight – The steel coin weighs 2.7 grams, while the real copper version will weigh 3.11 grams.
- Have an expert examine it – If you think the coin might be real and rare, send it to a certified grading service like PCGS or NGC.
How to sell a coin if it turns out to be rare?
If you are lucky enough to get hold of a coin that is rare, try these methods to properly evaluate and sell it:
- Contact a coin dealer – Experienced coin experts or collectors can tell you the right price.
- Online auctions – Such coins are in great demand on sites like eBay, Heritage Auctions.
- Attend coin shows – At these events, you can present your coin to interested buyers.
Conclusion: Coins of history, wealth of the future
The 1943 Copper Lincoln Wheat Penny is not just a coin, but it is a priceless treasure of American history. This is an example of how a simple mistake can make a coin worth billions. If you have an old coin, take a closer look at it – who knows, you might have a treasure worth millions hidden in it!
This story teaches us that the value of every object lies in its story. Sometimes, the most ordinary looking things turn out to be the most extraordinary.
FAQs
Q. What makes the 1943 Copper Lincoln Penny so valuable?
A. It was mistakenly made with copper instead of steel during WWII, making it extremely rare.
Q. How can I tell if I have a real 1943 copper penny?
A. Use a magnet—if it doesn’t stick, it might be copper. Also, check the weight (around 3.11 grams).
Q. How many 1943 copper pennies exist?
A. Only about 10 to 20 are known to exist, making them highly collectible.
Q. Can I sell a rare penny online?
A. Yes, through certified auction houses or trusted platforms like eBay or Heritage Auctions.
Q. Should I get my old penny appraised?
A. Absolutely! A coin expert can verify authenticity and help you get the best value.