Most of us don’t think twice about the coins we carry around, but some spare change could be worth far…
Most of us don’t think twice about the coins we carry around, but some spare change could be worth far more than face value. One rare penny in particular—a 1943 copper wheat penny—has become highly sought after by collectors, with some selling for as much as $85,000.
According to sources including Coin Trackers, the New York Post, KHOU, and the Daily Mail UK, the story behind this unique coin is rooted in history. During World War II, copper was needed for the war effort, so the U.S. Mint produced most 1943 pennies using steel coated in zinc. However, a few leftover copper blanks from previous years were mistakenly used, resulting in a limited number of copper 1943 wheat pennies.
These error coins are considered some of the most valuable in American numismatic history. In excellent condition, one of these rare pennies can sell for more than $85,000, while those in circulated condition have still fetched prices around $60,000. Their appeal goes beyond rarity—collectors are fascinated by their backstory and the unusual circumstances under which they were created.
Saul Teichman, a U.S. Mint error expert, has noted that although other wartime minting mistakes exist, the 1943 copper penny stands out due to its popularity and historical significance.
However, experts caution collectors to be mindful of counterfeits. Some imitations involve altering the number “8” in a 1948 copper penny to resemble a “3,” or applying copper coating to steel pennies to create a similar appearance. A simple way to test authenticity at home is by using a magnet—genuine copper pennies are not magnetic, while steel coins will stick.
If you come across a 1943 penny and suspect it might be copper, it’s worth investigating further. Having it evaluated by a professional coin dealer or grading service can confirm its authenticity and value.
You never know—your next pocketful of change could contain a valuable piece of history. So before you spend that penny, take a closer look. It might just be a hidden treasure.
