1943 Copper Penny- From Pocket Change To Million-Dollar Treasure

1943 Copper Penny- From Pocket Change To Million-Dollar Treasure

In 1943, amidst the throes of World War II, the United States Mint made a pivotal change in penny production, switching from copper to zinc-coated steel to conserve copper for the war effort. 

However, a few 1943 copper pennies were mistakenly minted, creating one of the most sought-after coins in American numismatic history. These rare coins, once nearly discarded as ordinary change, are now valued at hundreds of thousands to over a million dollars.​

The Accidental Rarity: How the 1943 Copper Penny Came to Be

The U.S. Mint’s transition to steel pennies in 1943 was a wartime necessity. Yet, due to leftover copper planchets from 1942, a small number of 1943 copper pennies were inadvertently produced. 

These error coins were released into circulation unnoticed, making them exceedingly rare and valuable today.​

Notable Sales and Their Values

Over the years, several 1943 copper pennies have surfaced, fetching impressive sums at auctions:​

  • 1943-D Copper Penny: The only known specimen from the Denver Mint sold for $1.7 million in 2010.​
  • 1943-S Copper Penny: A San Francisco mint version sold for $282,000 in 2016.​
  • 1943 No Mint Mark Copper Penny: A Philadelphia mint coin sold for $372,000 in 2021.​

Identifying a Genuine 1943 Copper Penny

To determine if you possess a genuine 1943 copper penny, consider the following:

  • Magnet Test: Copper is non-magnetic. If the coin sticks to a magnet, it’s likely steel.​
  • Weight: A genuine copper penny weighs approximately 3.11 grams, whereas a steel penny weighs about 2.7 grams.​
  • Appearance: Authentic 1943 copper pennies have a distinct reddish-brown hue, unlike the silver-gray of steel pennies.​

Value Comparison

Here’s a comparison of the estimated values for different 1943 copper penny variants:​CoinWeek

Mint LocationEstimated Value RangeNotable Sale Price
Philadelphia (No Mint Mark)$100,000 – $372,000$372,000 (2021)
Denver (D)$1.7 million$1.7 million (2010)
San Francisco (S)$175,000 – $282,000$282,000 (2016)

The 1943 copper penny stands as a testament to the intriguing anomalies in minting history. From an unintended error to a collector’s dream, its journey underscores the value of attention to detail and the potential treasures hidden in everyday items. 

If you suspect you have one, it’s worth investigating—it could be a fortune waiting to be discovered.​

FAQs

Q1: How many 1943 copper pennies exist?

Approximately 20 are known from the Philadelphia Mint, 5 from San Francisco, and only 1 from Denver, totaling around 26 confirmed specimens.​

Q2: How can I verify if my 1943 penny is copper?

Use a magnet to test for magnetism and weigh the coin. A non-magnetic coin weighing about 3.11 grams may be a genuine copper penny.​

Q3: Where can I sell a 1943 copper penny?

Reputable auction houses, such as Heritage Auctions or GreatCollections, specialize in rare coins and can assist in selling a 1943 copper penny.​

3 comments

  1. You can call me or send paperwork to my address 87 Newport Dr Columbia sc 29223 or call me 8034742727 because I have 1943, 1944,1955,1958,1964,and more.

  2. I don’t know if anybody else noticed this but it says in sod we trust and also Liberty is messed up

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