What if we told you that a single penny in your pocket could be worth $2 million? Sounds unbelievable, right? But there’s one rare version of the Lincoln Wheat Penny that has been valued at that jaw-dropping price. And guess what? It might still be out there—quietly passing through hands, completely unnoticed.
In this blog, we’ll explore what makes this penny so valuable, how to recognise it, and why you should start checking your change more carefully starting today.
What Is the Lincoln Wheat Penny?
The Lincoln Wheat Penny, also known as the Wheat Cent, was produced in the United States between 1909 and 1958. It features Abraham Lincoln on one side and two wheat stalks on the back. These pennies are already popular among collectors—but one special version from 1943 is truly next-level.
Why Is the 1943-D Bronze Penny Worth $2 Million?
In 1943, the U.S. Mint changed penny production from bronze to zinc-coated steel to save copper during World War II. However, a small number of bronze pennies were accidentally made that year, and a few even came out of the Denver Mint—identified by the “D” mint mark.
This mistake resulted in one of the rarest coins in U.S. history. Today, this 1943-D Bronze Lincoln Wheat Penny is so rare that one example has been valued at $2 million, making it one of the most valuable pennies ever discovered.
Could It Still Be in Circulation?
Yes—it’s possible. Many people have no idea such a coin even exists. That means it could be lying unnoticed in an old coin collection, drawer, piggy bank, or even your pocket change. Since it looks almost like any other penny, it may have been passed along without a second thought.
How to Identify the $2 Million Penny
Want to check if you might have a fortune hiding in plain sight? Here’s how to identify this rare 1943 penny:
- Date: Look for the year 1943.
- Mint Mark: A small “D” under the date stands for the Denver Mint.
- Colour: The rare version is brown or copper-coloured, not silver like the common steel penny.
- Magnet Test: Steel pennies stick to a magnet. Bronze ones don’t.
- Weight: Bronze pennies weigh about 3.11 grams; steel ones weigh around 2.7 grams.
If your coin matches these signs, it’s best to have it professionally evaluated.
A simple 1943-D Lincoln Wheat Penny could be worth $2 million, and it might still be hiding in everyday change. These rare errors are like hidden treasures, and stories like this remind us that even the smallest things can be worth a fortune. So, don’t ignore that old jar of coins—it could be holding more than just spare change. Who knows, you might be the next lucky person to uncover a piece of history worth millions.
FAQ’s
Why is the 1943-D Lincoln Wheat Penny so valuable?
This penny was mistakenly made using bronze instead of steel during WWII. Only a few exist, making it extremely rare and valuable—worth up to $2 million.
How can I tell if I have the rare 1943-D bronze penny?
Check for a 1943 date, ‘D’ mint mark, brown copper colour, non-magnetic reaction, and a weight of about 3.11 grams.
Is the $2 million penny still in circulation?
Yes, some rare pennies might still be in old drawers, jars, or passed around unknowingly, as most people don’t realise their worth.
What should I do if I find a 1943-D bronze penny?
Keep it safe and have it professionally evaluated by a certified coin grading service or a trusted dealer to confirm its authenticity and value.
Are there other valuable Lincoln Wheat Pennies?
Yes. Coins like the 1909-S VDB and the 1955 Doubled Die are also highly valuable due to low mintage or unique errors.