Imagine finding a penny in your change that’s worth half a million dollars. That’s the case with the rare 1943 bronze Lincoln Wheat Penny, which has sold for over $500,000 at auctions. This little coin from World War II times could still be out there, mixed in with everyday pennies. Collectors get excited about these finds, and you might have one without knowing it.
The History Behind the Wheat Penny
The Lincoln Wheat Penny started in 1909 to mark Abraham Lincoln’s 100th birthday. It shows Lincoln’s face on the front and wheat stalks on the back. These pennies were made until 1958, and lots of them are still around today. But the 1943 version has a special story because of the war.
What Makes the 1943 Bronze Penny So Valuable
Back in 1943, the U.S. needed copper for the war, so pennies were made from steel with a zinc coating, looking silver. By mistake, a few were made from bronze, which is mostly copper. Only about 20 to 30 of these bronze pennies are known to exist. That rarity makes them worth a ton, with one selling for $504,000 in 2019 and others going for even more.
Spotting the Rare 1943 Bronze Penny
To find a 1943 bronze penny, look for its color and other traits. Regular 1943 pennies are silver and stick to a magnet, but the bronze ones are reddish-brown and don’t stick. They also weigh a bit more. If you spot one, get it checked by a pro because fakes are out there. Here’s a simple way to compare:
Feature | Bronze Penny | Steel Penny |
---|---|---|
Color | Reddish-brown | Silver |
Magnetic | No | Yes |
Is It Still Floating Around?
Yes, these rare pennies could still be in circulation. Some have been found in pocket change or old jars over the years. Since they look like normal pennies at first glance, they might get passed around without notice. Stories of lucky finds keep people checking their coins.
Why Coin Collecting is Fun
Collecting coins like the Wheat Penny is a great hobby. It mixes history with the chance of finding treasure. The 1943 bronze penny is a top prize, but even other old pennies have value. It’s something anyone can do, from kids to adults, and it might pay off big.
Tips to Hunt for Your Own
Start by looking at any 1943 pennies you find. Test them with a magnet and check the weight if you can. Keep an eye on the color too. If it seems special, take it to a coin shop. Here are some easy steps to follow:
Tip | Description |
---|---|
Look at the Date | Find 1943 pennies first |
Use a Magnet | Bronze won’t stick |
Check the Weight | About 3.11 grams for bronze |
See a Pro | Get it graded for real value |
The 1943 bronze Lincoln Wheat Penny shows how something small can be worth a fortune. Next time you pick up a penny, give it a good look. It might just be the one worth $500,000.