What if a simple penny in your pocket was secretly worth $110 million? It sounds like an urban legend, but coin collectors know that hidden among everyday change, there could be a Lincoln Wheat Penny more valuable than gold. Keep reading—because by the end, you’ll know exactly what to look for and why this tiny coin is shaking up the numismatic world.
What Is the $110 Million Lincoln Wheat Penny?
The Lincoln Wheat Penny, first minted in 1909, is one of America’s most iconic coins. But among the millions produced, a rare and mysterious version has captured global attention. This particular penny, rumored to be worth $110 million, stands out due to its unique minting error, composition, and historic year. Many experts speculate it could be a 1943 copper penny, a coin mistakenly struck in bronze during World War II when most were made from steel.
A Glimpse into Its History
The Lincoln Wheat Penny replaced the Indian Head Cent in 1909 to honor President Abraham Lincoln’s 100th birthday. Designed by Victor David Brenner, it featured Lincoln’s portrait and the famous wheat ears on the reverse. During World War II (1943), copper was vital for ammunition, so the US Mint switched to zinc-coated steel. Yet, a few bronze blanks slipped through—creating one of the most sought-after error coins in US history.
Why It’s Worth Millions
So, what makes a one-cent coin worth a fortune? Scarcity and story. Only a handful of 1943 bronze pennies exist, and their mix of historical error, rarity, and mystery makes them irresistible to collectors. The last known sale of a similar penny fetched over $1.7 million, and experts believe a pristine or unrecorded version could soar to $110 million if discovered today.
Could One Still Be in Circulation?
Here’s the twist—some numismatists believe a few may still be hiding in plain sight. Many were unknowingly spent decades ago. Because they look similar to ordinary pennies, they could remain undiscovered in circulation, tucked in jars, drawers, or inherited collections. It’s why collectors everywhere are re-checking their old coins.
Key Identifiers of the $110 Million Penny
| Feature | Description |
|---|---|
| Year | 1943 |
| Material | Bronze / Copper (not steel) |
| Weight | 3.11 grams (vs 2.7g steel) |
| Color | Reddish brown, not silver-gray |
| Magnet Test | Non-magnetic (steel sticks to magnet) |
| Mint Marks | May have none, “D”, or “S” |
Value Comparison of Rare Lincoln Pennies
| Coin Type | Mint Year | Estimated Value | Notes |
|---|---|---|---|
| 1943 Copper/Bronze | 1943 | Up to $110 million | Rarest known wheat penny |
| 1909-S VDB | 1909 | $1,000 – $3,000+ | Low mintage, designer initials |
| 1914-D | 1914 | $300 – $5,000+ | Scarce Denver mint |
| 1922 No D | 1922 | $500 – $15,000 | Missing mint mark |
| 1955 Doubled Die | 1955 | $1,000 – $25,000+ | Double image on obverse |
How to Check If You Have One
Look for the Date (1943) – If it’s copper-colored, it’s worth checking.
Do the Magnet Test – If it sticks, it’s steel. If not, possible treasure.
Weigh It – Use a precise scale; true bronze pennies weigh around 3.11g.
Get It Certified – Contact PCGS or NGC to verify authenticity.
Don’t Clean It – Cleaning can destroy value. Keep it as-is.
Expert Tips to Spot Hidden Treasures
- Always double-check older coins in your collection.
- Store rare finds in protective holders.
- Keep a magnifying glass handy—minor errors can mean major value.
- Stay updated with coin auctions and news; new discoveries still happen.
FAQs
Q: Can I still find a $110 million penny in my change?
A: While extremely rare, it’s not impossible. Many were circulated unknowingly decades ago.
Q: Are all 1943 pennies valuable?
A: No. Only those struck in copper or bronze, not steel. Most 1943 pennies are common steel cents.
Q: How do I sell one?
A: Get it graded and authenticated, then consult auction houses like Heritage Auctions or Stack’s Bowers.
Conclusion: A Penny Worth a Fortune
The story of the $110 million Lincoln Wheat Penny is more than just a legend—it’s a reminder that hidden treasures still exist. Whether in your coin jar, a family heirloom, or spare change, that ordinary-looking penny could hold extraordinary value. So before you spend your next cent, take a closer look—you might just be holding history’s most valuable coin.