A simple Lincoln Wheat Penny could be worth $960,000, and some might still be hiding in wallets or piggy banks across the country.
Why Is This Penny Special?
Introduced in 1909 to celebrate Abraham Lincoln’s 100th birthday, the Lincoln Wheat Penny has Lincoln’s face on one side and wheat stalks on the other. Most are worth a cent, but rare ones are treasures.
The 1943 Copper Penny
In 1943, pennies were made of steel to save copper for World War II. By mistake, a few were struck in copper. These rare errors are now worth up to $960,000 if in top condition.
Presidential Beginnings: The Birth of the Lincoln Wheat Penny
The Lincoln Wheat Penny debuted in 1909, minted to commemorate the 100th anniversary of Abraham Lincoln’s birth. It was the first U.S. coin to depict an actual person, replacing traditional symbols like Lady Liberty that had adorned coins for generations.
Designed by Victor D. Brenner, the coin features a dignified portrait of Lincoln on the front, while the reverse features two wheat stalks with the words “One Cent” and “United States of America.” This design — simple, classic and symbolic of America’s agricultural heritage — remained in use until 1958.
Still Out There?
These valuable pennies could still be in circulation. They look like regular pennies, so they’re easy to miss. Some have been found in old collections or spare change, though it’s a long shot.
What Makes It Valuable?
- Rarity: Only a few exist.
- Condition: Near-perfect coins are worth more.
- History: Its wartime error adds value.
Final Note
Finding a $960,000 penny is like winning the lottery, but it’s worth checking your change. That old Lincoln Wheat Penny might just be a hidden fortune!