What if the next time you check your wallet, you find a coin worth over a million dollars? Sounds impossible, right? But it’s not. A rare version of the Lincoln Wheat Penny has been valued at a stunning $1,111,111—and the craziest part? It might be hiding in your spare change right now.
This humble copper coin, once worth a single cent, could be tucked away in an old drawer, piggy bank, or pants pocket—just waiting to turn someone’s life upside down.
History
First minted in 1909 to honor Abraham Lincoln’s 100th birthday, the Lincoln Wheat Penny was the first U.S. coin to feature a real person. On the front is Lincoln himself, and on the back, two simple wheat stalks—earning it the nickname “Wheat Penny.” This design stayed until 1958, when the Lincoln Memorial took over.
While millions were made, only a rare few stand out due to odd minting quirks or rare materials. Those few? They’re worth serious cash now.
Million Dollar
The big deal here is the 1943 copper Lincoln Wheat Penny. In 1943, the U.S. switched to steel pennies to conserve copper for the war. So most 1943 pennies are silver-colored steel—and magnetic.
But a handful of copper blanks somehow slipped through and were stamped into pennies. If you ever come across a brownish copper penny from 1943, you might be looking at a coin worth $1,111,111. Only a few are known to exist, and collectors go absolutely nuts for them.
Top Coins
To put that in context, here’s a snapshot of 2024’s top-selling rare coins:
| Rank | Coin Description | Grade | Price (USD) | Auction Month | Auction House |
|---|---|---|---|---|---|
| 1 | Undated (1652) NE Threepence | PCGS XF45 | $2,520,000 | November 2024 | Stack’s Bowers |
| 2 | 1870-CC Liberty Head Double Eagle | PCGS AU55 | $1,440,000 | November 2024 | Stack’s Bowers |
| 3 | 1855 $50 Kellogg & Co. Fifty Dollar | PCGS PR64CAM | $1,260,000 | January 2024 | Heritage |
| 6 | 1825/4/1 Capped Head Left Half Eagle | PCGS PR62 | $1,080,000 | August 2024 | Stack’s Bowers |
| 7 | 1851 $5 Schultz & Co. Five Dollar | PCGS MS62 | $1,020,000 | January 2024 | Heritage |
So yeah, a million-dollar 1943 penny? It’s not just hype—it holds its own among the biggest names in coin collecting.
Circulation
Here’s the wild part: experts think some of these rare copper pennies might still be out there. They could be hiding in a change jar, cash register, or bottom of an old purse. Most people have no clue what to look for and let them slip by without a second thought.
That’s why collectors—and now everyday people—are on high alert. Finding one could flip your finances overnight.
Identification
Curious if you’ve got one of these lucky coins? Use this checklist:
| Test | What to Look For |
|---|---|
| Year | 1943 |
| Color | Copper or bronze—not silver |
| Magnet Test | Doesn’t stick to a magnet |
| Condition | The better the shape, the higher the value |
If your 1943 penny is brownish and not magnetic, don’t clean it! That can seriously drop its value. Instead, take it to a certified coin expert or grading service.
Buzz
This million-dollar penny has kicked up a storm. Coin shops are busier than ever. Families are digging through old coin jars. Even kids are asking to check Grandpa’s stash.
The magic isn’t just in the money—it’s in the story, the history, the chance. This small, overlooked coin has become a symbol of luck, curiosity, and what’s possible.
The rare 1943 copper Lincoln Wheat Penny, now worth $1,111,111, might still be floating around in plain sight. So next time you get change or find a forgotten coin, give it a second look. You just might be holding a miracle in the palm of your hand.
FAQs
Why is the 1943 copper penny rare?
It was made by mistake during a wartime metal switch to steel.
How do I test if it’s copper?
Use a magnet—if it doesn’t stick, it might be copper.
What should I do if I find one?
Take it to a coin expert or grading service for verification.
Can these pennies still be found?
Yes, some may still be in jars, wallets, or change.
Is it okay to clean the coin?
No, cleaning may reduce its value. Keep it as-is.
