Lincoln Wheat Penny Worth $100 Million Still Circulating in Pocket Change – What You Need to Know

Published On:
1909 lincoln wheat penny

Ever flicked a penny into a jar without giving it a second glance? You’re not the only one. Most of us barely notice those clinking copper coins hiding in our jeans or car cup holders. But what if one of them—just one—is secretly worth a jaw-dropping $100 million? Sounds like a plot twist, but it’s the real deal when it comes to a rare version of the Lincoln Wheat Penny. And yep, one could still be floating around in everyday change.

Rarity

So, what makes this coin the unicorn of U.S. currency? A mix of historical fluke, wartime necessity, and a minting hiccup. The Lincoln Wheat Penny debuted in 1909 and was minted until 1958, showcasing Lincoln on the front and wheat stalks on the back. Pretty standard stuff.

But here’s where things get interesting: in 1943, the Mint swapped out copper for steel to conserve metal for WWII. Yet, a few copper blanks somehow slipped through. Those rare 1943 copper pennies—maybe only a dozen or so exist—are now legends in the numismatic world.

Finding

The wildest part? Experts think a few of these ultra-rare pennies are still in circulation. Seriously. They might be stashed in your change jar, stuffed in an old wallet, or collecting dust in your junk drawer. They’re not locked up in glass cases—some are hiding in plain sight.

Social media and collector threads are packed with people magnet-testing their coins, flipping through penny jars, and hoping they’re the lucky one. Turns out, treasure hunting might just start in your kitchen.

Identification

Think you’ve got the golden ticket? Here’s what to check: first off, the date—it’s gotta say 1943. Next, try the magnet trick. Steel pennies stick; copper ones don’t. No stick? You’re on to something. Look for a tiny mint mark under the date—like “D” for Denver or “S” for San Francisco. That can bump up the value even more. Lastly, condition matters big time. Crisp details and minimal wear? That’s money.

FeatureValuable Copper PennyCommon Steel Penny
Year19431943
MaterialCopperSteel
Magnet TestDoes not stickSticks
Estimated ValueUp to $100 million1 cent

Value

Why would anyone drop $100 million on a penny? Easy—scarcity, backstory, and collector passion. Coin collecting—yep, it has a fancy name: numismatics—is all about the thrill of owning the rarest, weirdest, most unique pieces of currency out there. Throw in a WWII twist and a minting mishap? Jackpot.

One of these unicorn pennies sold for $1.7 million a while back. With inflation and the growing collector frenzy, experts say a perfect version could now snag close to $100 million.

Urgency

So should you start checking your change? Absolutely. It takes seconds to run a magnet over your 1943 pennies or double-check the date. That tiny effort could flip your life upside down.

And hey, even if you don’t strike gold, the hunt’s half the fun—you might stumble on other cool coins along the way.

So the next time you fish out a penny from under the couch cushions, take a good look. You might be holding a slice of history—and maybe, just maybe, your million-dollar moment.

FAQs

What year is the rare penny?

The rare penny is from 1943.

How do I test my penny?

Use a magnet. Copper doesn’t stick, steel does.

What makes the 1943 penny valuable?

It’s a rare copper version made by mistake.

Can it still be in circulation?

Yes, a few may still be in everyday change.

How much is it worth today?

It could be worth up to $100 million.

Sajid

Sajid is a lifelong coin enthusiast and numismatic researcher with over two decades of experience collecting, studying, and evaluating rare coins from India, the UK, and the US. What started as a childhood hobby has blossomed into a deep passion for the history, culture, and value behind old currency. Over the years, Sajid has helped hundreds of collectors identify genuine coins, avoid fraud, and understand true market value. He often shares tips on how to spot counterfeit coins and regularly contributes to collector communities both online and offline.

Leave a Comment