Recently, a collector shared an amazing story: he inherited a complete set of wheat pennies from his late brother β and inside was a 1943 copper penny.
Why is this so exciting? Because almost all 1943 Lincoln cents were struck in steel, not copper. A genuine 1943 copper penny is one of the holy grails of U.S. coin collecting, worth hundreds of thousands of dollars.
π Why the 1943 Copper Penny Is So Rare
- π In 1943, copper was needed for World War II, so the U.S. Mint made pennies out of steel.
- π₯ A tiny handful of copper planchets were accidentally struck that year.
- π Value today: $200,000β$300,000+ depending on condition.
β 3 Steps to Authenticate a 1943 Copper Penny
If you think you have one, here are the three tests every coin expert recommends:
1. Weigh the Coin βοΈ
- Copper penny: ~3.1 grams
- Steel penny: ~2.7 grams
2. Magnet Test π§²
- Copper: Will NOT stick to a magnet
- Steel: Strongly magnetic
3. Date Examination π
- Look at the β3β in 1943.
- On genuine coins, the curve of the β3β sits under the β4.β
- Many fakes are just altered 1948 cents with part of the β8β filed down.
β οΈ Be Careful of Fakes
Because the 1943 copper penny is so valuable, there are many counterfeits:
- Altered 1948 coins
- Copper-plated steel cents
- Fraudulent castings
Thatβs why professional grading is essential.
π‘ Final Thoughts
If youβve inherited a 1943 copper penny, it could be worth hundreds of thousands of dollars. But before you celebrate:
- Test it carefully
- Avoid cleaning it
- Send it to PCGS or NGC for authentication
π And to the collector who inherited his brotherβs set: weβre sorry for your loss β but what a special legacy he left behind.
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