Finding a small fortune in your spare change might seem like a long shot, but for collectors and curious minds, it’s a real thrill. One coin—the Lincoln Wheat Penny—continues to fuel excitement, especially one ultra-rare version reportedly worth $5.28 million. Here’s the story behind this copper curiosity that still has people checking their pockets.
Origins
First released in 1909 to mark Abraham Lincoln’s 100th birthday, the Lincoln Wheat Penny made history as the first U.S. coin to feature a real person. Designed by Victor David Brenner, it showed two wheat stalks on the back—hence the nickname.
While many of these coins are common, a select few became legendary due to mint errors or limited runs.
Rarity
Most Wheat Pennies aren’t worth more than a few cents. But the 1943 copper version? That’s a whole different story. During World War II, the U.S. Mint swapped copper for steel to conserve resources. Somehow, a few copper blanks got used anyway. The result: one of the rarest coins ever made.
Want to test yours? Try a magnet. Steel pennies stick. Copper ones don’t. If it doesn’t stick, you could be holding one of the most coveted coins in the country—one sold for over $5 million.
Circulation
Are they still out there? Surprisingly, yes. Experts believe some of these rare coins are hiding in old jars, forgotten collections, or even at the bottom of a piggy bank. Many people don’t recognize what they’ve got, which makes every bit of loose change a potential gold mine.
Features to Watch
Start by looking at the year—1943 is key. Use a magnet to check: steel sticks, copper doesn’t. Watch for 1909 pennies with the initials “V.D.B.” at the bottom of the back side—those are also valuable.
Coins marked with an “S” or “D” under the date can be worth more too. Condition matters—cleaner coins bring higher prices.
| Feature | Copper 1943 Penny | Steel 1943 Penny |
|---|---|---|
| Sticks to Magnet | No | Yes |
| Color | Brown/Red | Grey/Silver |
| Estimated Value | Up to $5.28M | A few cents |
| Weight | 3.11 grams | 2.70 grams |
Treasure in Your Pocket
This isn’t just about a lucky payday—it’s about history, curiosity, and the thrill of finding. Every coin could be a hidden gem. So next time you get some change, take a moment. That old penny might just be your jackpot.
FAQs
How much is a 1943 copper penny worth?
It can be worth up to $5.28 million if authentic.
How can I test my 1943 penny?
Use a magnet. If it sticks, it’s steel, not copper.
What does V.D.B. mean on a penny?
It stands for Victor David Brenner, the coin’s designer.
Where can I sell a rare penny?
Try coin dealers, auctions, or reputable online platforms.
Are wheat pennies still in circulation?
Yes, rare ones might still be found in loose change.
