The Lincoln Wheat Penny is a popular and well-loved coin among collectors. Many people know this coin for its history and the chance of hidden value. Some of these pennies are very rare, and one might even be worth $21 million. Let’s learn more about this special penny, how it became so valuable, and how to know if you might find one.
The Story of the 1943 Bronze Lincoln Penny
From 1909 to 1958, most Lincoln Wheat Pennies were made of 95% copper and 5% zinc or tin. But in 1943, things changed. Because of World War II, the U.S. Mint needed copper for the war. So, they made pennies from steel coated with zinc instead of copper.
But by mistake, a small number of 1943 pennies were still made using bronze. These rare bronze coins became some of the most valuable in coin history. One sold for $1.7 million in 2010, and another has been valued at $21 million in a private sale.
Why Is the 1943 Bronze Penny So Valuable?
The 1943 bronze penny is worth so much because it is extremely rare. Only about 10 to 15 real coins are known to exist. Also, this mistake happened during an important time in history. That makes it even more interesting for collectors.
People love rare coins, and museums or collectors will pay a lot to own one. This makes the demand for the 1943 bronze penny very high.
Could a $21 Million Penny Still Be Found?
The chance of finding a 1943 bronze penny in your pocket is very small. But it’s not impossible. Some people may have one without knowing how valuable it is.
You might find one in an old jar of coins or a collection someone left behind. However, many fake 1943 bronze pennies are also out there. That’s why checking if a coin is real is very important.
How to Tell if You Have a Real 1943 Bronze Wheat Penny
Here is a simple table to help you spot the difference between a regular 1943 steel penny and a rare 1943 bronze penny:
| Feature | 1943 Steel Penny | 1943 Bronze Penny |
| Material | Silver-gray (steel) | Brown (copper) |
| Weight | 2.7 grams | 3.1 grams |
| Magnet Test | Magnetic | Non-magnetic |
| Sound Test | High-pitched ring | Dull clink |
If your 1943 penny looks brown, it could be bronze. But be careful—some steel pennies are covered with copper to make them look rare. Always check carefully.
Other Valuable Lincoln Wheat Pennies
The 1943 bronze penny is not the only rare Wheat Penny. Here are some others that could be worth good money:
- 1909-S VDB – This was the first year of the Lincoln penny and had a low number made. It can be worth over $1,000.
- 1914-D – This coin from the Denver Mint is hard to find and worth around $200 or more.
- 1922 No D – This penny is missing the “D” mint mark. It can be worth $500+.
- 1955 Double Die – This penny has a striking error. You can see the letters or numbers doubled. It can sell for over $1,000.
Final Thought: Should You Keep Looking?
The chance of finding a $21 million penny in your spare change is very small. But it’s still fun to look. You might find a different rare penny that is worth a lot.
Going through old coins can be exciting. Even if you don’t find the famous 1943 bronze penny, you might still discover something valuable.
FAQs
What is the 1943 bronze penny?
It’s a rare penny made by mistake in 1943 using bronze instead of steel.
How many 1943 bronze pennies exist?
Only about 10 to 15 are known.
Can I find one in my pocket?
It’s very rare, but possible.
How can I test if it’s real?
Check color, weight, and if a magnet sticks.
What if I think I found one?
Have it checked by a coin expert.
