Most pennies are just spare change—but a few can change your life. One of the most astonishing examples? A rare 1943 bronze Lincoln Wheat Penny that sold for a staggering $610,000.
Even today, experts believe more of these rare coins might still be in circulation—waiting to be found in old jars, pocket change, or forgotten collections.
What Makes the Lincoln Wheat Penny Special?
- First issued in: 1909, to honor Abraham Lincoln’s 100th birthday
- Designer: Victor David Brenner
- Minted until: 1958
- Reverse Design: Wheat stalks (aka “Wheat Penny”)
The Lincoln Wheat Penny was the first U.S. coin to feature a real person—setting a new standard in American coin design.
The $610K Bronze Penny: A WWII Mistake
In 1943, copper was needed for war supplies, so the U.S. Mint used steel for pennies. But a few bronze blanks from 1942 were accidentally used—creating the rare 1943 bronze penny.
- Known examples: Only 20–40
- Value at auction: Up to $610,000
- Key identifier: Doesn’t stick to a magnet (unlike common 1943 steel pennies)
Other Valuable Lincoln Wheat Pennies to Watch For
| Coin | Why It’s Rare | Estimated Value |
|---|---|---|
| 1909-S VDB | First year, limited mintage | $1,000 – $175,000 |
| 1914-D | Low mintage | $200 – $15,000 |
| 1922 No D | Missing Denver mint mark | $500 – $30,000 |
| 1955 Doubled Die | Dramatic doubling error | $1,000 – $15,000 |
How to Spot a Valuable Penny
✅ Check the Date: Focus on 1909, 1914, 1922, 1943, and 1955
✅ Look for Mint Marks: “S” (San Francisco) and “D” (Denver) can increase value
✅ Test for Metal: Use a magnet—rare copper 1943 pennies won’t stick
✅ Inspect for Errors: Double dies, off-center strikes, or missing marks matter
✅ Evaluate Condition: Uncirculated, glossy red coins fetch the highest prices
Where Can You Still Find One?
- Coin Jars or Piggy Banks: Old collections can hide gems
- Estate Sales or Inherited Coins: Look carefully before selling
- Pocket Change: Rare, but some finds still happen today
- Bank Rolls: Coin roll hunters still score valuable Wheat Pennies
How to Protect a Rare Find
- ❌ Don’t clean it!
- ✅ Use coin holders or slabs
- ✅ Wear cotton gloves when handling
- ✅ Get it professionally graded by PCGS or NGC
Why Collectors Love the Lincoln Wheat Penny
It’s more than a coin—it’s a piece of American history. From honoring Lincoln’s legacy to reflecting the wartime economy, each Wheat Penny tells a story. That’s why collectors and everyday people alike are still searching for these rare treasures.
FAQs
Q: How can I tell if I have a 1943 bronze penny?
A: Do the magnet test. If it’s 1943 and copper-colored but doesn’t stick—it could be the real deal.
Q: Is it worth grading my old penny?
A: If you suspect it’s rare or in excellent condition, yes. Grading adds value and credibility.
Q: Can I still find valuable pennies in circulation?
A: Yes, though rare—many have been found in old change or passed-down coin jars.
Final Thoughts
The Lincoln Wheat Penny worth $610,000 proves that even the smallest coin can hold incredible value. Whether you’re a collector or just curious, it’s worth taking a second look at your spare change.
🔎 Found a rare coin? Share your discovery in the comments—and don’t miss our other guides on valuable coins!