Lincoln Wheat Penny: Isn’t it exciting to know that a small penny kept inside your piggy bank or found with ancient items can make you a millionaire? It sounds like a fairy tale, and it can come true for the lucky people. The Lincoln Wheat Penny is one of the rare pennies that can make you a millionaire. Here in this article, we will tell you about the recent announcement of a 1 Lincoln Wheat Penny that has reached around $115 million.
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Lincoln Wheat Penny Value
Lincoln Wheat Pennies are the most popular and stored pennies of US history. Out of which, Lincoln Wheat Pennies 1943 or 1943 copper pennies are the most popular ones. These 1943 copper pennies, which is created from copper material, which was rare as all the coins of 1943 were made of steel. These rare copper 1943 pennies are worth around $115 million today.
Only a few dozen copper coins were made in 1943, and they exist today in the collection of common people. These pennies were the most valuable mistake in the history of US coins, and the value of these pennies was always encouraging and finally reached the level of dollar 115 million.
Significance Of Lincoln Wheat Penny
The Lincoln Wheat Penny was first made on the occasion of the hundredth birthday of then-President Abraham Lincoln. Since 1909, the penny was first introduced but was produced until 1958. On the first side of this coin, it features a real person’s face,
Which is Abraham Lincoln, and on the other side, it features two wheat stalks on each side. These pennies were produced until 1958, and all of them are worth one cent only, but some fortunate coins reach the value of millions as well.
Specialities About 1943 Copper Coins
So, back in the 1940s era, the US mint was successfully able to produce the Lincoln Wheat Penny with the original copper material. However, the situation turned out in 1943, at the time of World War II. Now the requirement for copper increases to make bullets or other war materials.
So the Mint decided to continue producing the Lincoln Coins with steel material or a combination of zinc and steel. Since 1943, the pennies started to be produced with steel material, but then a fortunate mistake happened.
Actually, some copper blanks were left accidentally in the machines, and it was pressed with the 1943 penny design, which creates a few 1943 copper pennies. It was an accident, and only a few coins were made with the 1943 penny design on the copper material. These pennies were distributed, and they can be found in the old coin collectors’, or they might be present in the homes of common people.
Recognition Of Real 1943 Copper Pennies
If you also have an old coin collection jar or have found any copper Lincoln Wheat Penny, then here are the points to find whether it is a genuine 1943 copper penny.
The value of a 1943 Copper Penny exists for a rare minting mistake, its historical importance, and perfect condition. The penny you have must contain the year 1943. It will appear in the brownish tone of old copper. The weight of these copper pennies would be around 3.11 grams. There would be small minting errors as the two wheat signs found at the back of the coin.