Here’s How To Spot It – This Penny In Circulation is Worth $85,000

Do you know how to spot this penny? Coins are one of those things that are hiding everywhere, and sometimes they can be worth much more than their actual coin value. And most recently, news sources have been reporting that this coin is worth a pretty penny! According to Coin Trackers, the New York Post,…

Do you know how to spot this penny?

Coins are one of those things that are hiding everywhere, and sometimes they can be worth much more than their actual coin value.

And most recently, news sources have been reporting that this coin is worth a pretty penny!

According to Coin Trackers, the New York Post, KHOU, and Daily Mail UK, a mint condition 1943 copper wheat penny could earn you more than $85,000!

According to KHOU (who consulted with Royal Coin and Jewelry, a Houston dealer specializing in rare coins), in 1943, pennies were made of steel and were additionally zinc-plated to prevent rust.

Coin Week explains, “Because copper was needed for purposes relating to World War II, all 1943 cents were planned to be struck on zinc-coated steel planchets.”

At some point during that year, however, a few copper blanks made it into the minting process— and it is these “mistake” coins that are now being sold for amounts somewhere in the 5 and 6 figures. As mentioned, these 1943 copper wheat pennies must be in mint condition to net values in the $85,000 range.

But even in lesser conditions, they have still been selling at an average price of $60,000 (according to Coin Tracker). Saul Teichman, an expert in U.S. Mint errors explains (via Coin Week) that collectors drive up the value of the coin, explaining:

“1943 copper cents have a special cachet with collectors. As for market value, the 1943 cents sell for much more than other errors struck around the same time.

” “Many other World War II errors are rarer than 1943 copper or 1944 steel cents but bring a fraction of a price as they lack that special cachet.”
According to media sources, coin collectors must be cautious about 1943 copper wheat penny dupes.

Now that these pennies have been getting a lot of attention, the market is rife with counterfeit copies. Coin Trackers said that many fraudsters will file down the left side of the number 8 on a 1948 copper penny to make it look like a genuine from 1943.

Others will take a regular steel penny and coat it with a copper covering in order to make it appear like the real deal. If you’re concerned about a counterfeit, Coin Trackers advises using a magnet to test the coin.

Related Posts

Wait Til You Find Out Who Trump’s New Press Secretary is Married To

Note: A video capturing additional details is provided at the end of this article. In a bold move that has already begun reshaping the political landscape, President-elect…

Walmart is closing a batch of stores in 2025 — here’s the full list

Walmart is closing 22 retail locations across the US this year, including four in Chicago, citing poor financial performance at each. The Walmart logo is seen outside…

Restaurant Manager Kicks Out Old Lady Asking for Shelter, Next Day Sees Her Sitting with Owner – Story of the Day

One day, an old lady got drenched in heavy rain after a sudden outpour. She decided to seek shelter at a famous cafe, only to be kicked…

Timeless stars: A tribute to those who shone bright

Sometimes it’s nice to pause and remember simpler times when laughter was louder and little things brought us joy. So, a look at these historical photographs will…

Men don’t know THIS! Sincere advice from…see more

The phrase hints at a bold, perhaps playful assertion: that men who openly express affection and intimacy with their spouses, specifically through acts like oral intimacy, might…

Jennifer Garner, 52,

Jennifer Garner and Ben Affleck were once one of Hollywood’s most beloved couples, known for their seemingly happy decade-long marriage.\Their relationship, often seen as a model of…

Leave a Reply

Your email address will not be published. Required fields are marked *