What penny is worth $1 million?

Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent

Lincoln Wheat cent

The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. The unique composition of the coin (low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition) has led to various nicknames, such as wartime cent, steel war penny, zinc cent and steelie.

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1943 steel cent - Wikipedia

on a bronze planchet. All 1943 Lincoln cents

Lincoln cents

The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958).

https://en.wikipedia.org › wiki › Lincoln_cent

Lincoln cent - Wikipedia

were supposed to be made of steel planchets coated with zinc.

What pennies are worth $1000000?

But a 1943 one-of-a-kind copper alloy Lincoln penny struck at the Denver Mint was recently sold by a New Jersey coin dealer for a record $1.7 million.

Why is the 1943 penny worth $1000000?

The 1943 penny is worth $1 000 000 because it is not made of steel. In 1943, the US Mint switched from copper to steel to make pennies. However, the mints accidentally made a few pennies with bronze planchets instead of steel planchets coated with zinc. These pennies are now worth a lot of money because they are rare.

Is a 1943 copper penny worth $1.7 million?

The all-time record price for a 1943 bronze cent is $1.7 million. This price was paid for the only known example of a 1943-D copper penny graded MS64BN by Professional Coin Grading Service. Prices have gone way up for the 1943 copper penny over the years.

Which penny is most valuable?

One Hundred Million Dollar Penny

Why is a 1982 penny worth $10000?

So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years.

What penny can make you rich?

1943 Lincoln Copper Penny

That year, the U.S. Mint made pennies out of steel, then coated them in zinc for extra shine. However, it also accidentally made a copper batch. Very few of them ever left the facility, so the ones that did are worth up to $10,000!

What year wheat penny is worth $1000000?

1943 wheat penny worth a million dollars

A 1943 bronze Lincoln cent graded Mint State 63 Red was reportedly sold in a private agreement for one million dollars. However, the 1943-D bronze penny has the highest public price to date.

What is the rarest copper penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

How much is a 1945 wheat penny worth today?

A 1945 wheat penny is worth about 15 cents.

The wheat penny was made of 95% copper and 5% zinc. However, if the penny is in mint condition, it could be worth more. Pennies minted in 1945 are made of steel and zinc coated with copper.

What are the 15 most valuable pennies?

What is a rare 1999 penny?

The most expensive Lincoln Memorial penny is the one struck in the Philadelphia mint in 1999. It reached an unbelievable price of $138,000 at an auction in 2006.

Is a 1945 penny worth 85000?

1945 Penny Worth $85,000

The highest recorded price tag of a 1945 Lincoln penny was a 1945-D wheat cent in mint state. Heritage Auctions sold the penny for $14,400 in 2019. Another version of the Lincoln cents, such as the 1943 copper penny, is valued at $85,000 if it's in mint condition.

How much is a 1943 penny worth today?

In reference to the current NGC price guide, a 1943 wheat penny in a circulated condition is valued at $0.05 to $1.25. A mint state-certified steel wheat penny could fetch up to $10 at an auction.

How much is a 1944 penny worth?

According to the NGC Price Guide, as of February 2023, a Wheat Penny from 1944 in circulated condition is worth between $7500 and $33500. However, on the open market 1944 STEEL Pennies in pristine, uncirculated condition sell for as much as $200000.

What is a rare 2009 penny?

A 2009 P penny graded MS67 and with the presidency design is worth about $135. That rises to $225 for the early childhood coin, and $300 for the professional life version. The most valuable design at this grade is the formative years reverse, which is worth about $375.

What wheat penny is rare?

Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268.

What is a wheat penny worth?

Victor D. Brenner designed the coin under the direction of President Theodore Roosevelt, who was on a mission to redesign our nation's coinage. President Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth. Any wheat penny is worth at least four cents to most dealers.

Which steel penny is rare?

What is the most valuable 1943 steel penny? The 1943 “D” steel penny with the D over D error has the highest record price. In 2011, it sold for around 21,000 USD with an MS 67 grade.

How much is a 1943 D copper penny worth?

The Rare 1943 Penny

If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong planchet metal when striking the coin.

What coins are worth a lot of money?

What coin is worth a million dollars?

On May 21, 1996, the Eliasberg specimen of the 1913 Liberty nickel sold at auction for $1,485,000, becoming the first United States coin to sell for more than a million dollars.

At what age is a penny worth more?

It turns out all pennies with a date of 1981 or earlier were made from nearly pure copper, which means they are actually worth three times their face value - three cents.

What is a good luck penny?

The heads of a penny became associated with good, while tails became associated with evil—or came to be seen as being unlucky. Those who ascribe to this belief often will flip over a tails-up penny so that the next person who finds it will find it as heads.

Is there a lucky penny?

For example, the Indian Head Penny and the Wheat Penny are both considered lucky because of their rarity and higher value. The Indian Head Penny was in circulation from 1859 – 1909 when the Wheat Penny was introduced. The circulation of the Wheat Penny ended in 1956.