Pennies aren’t the most useful coin out there; a single cent doesn’t buy you much these days!
But an old-fashioned copper penny might be a worth a whole lot more than you realize.
The same way that certain 1970 quarters are worth a lot of money, specific one-cent coins can be worth a pretty penny.
Copper pennies from 1943 are some of the most valuable coins on the market.
To the untrained eye, they look like any other penny. However, they have a mistake on them formed during the printing process that make them very rare. Stumbling on one of these coins is a truly unique and exciting occasion.
During 1943, America was at war and copper was strictly regulated. To conserve copper for the war effort, the country decided to strike all new pennies on stainless steel.
Steel pennies are a rarity in their own right — more on that later — but copper pennies from 1943 are such a unique find that they could be worth as much as $85,000 under the right circumstances.
If you have any old coins in your home, you may want to sort through them before your next trip to the Coinstar.
Lots of us don’t hang onto our change or even look at it very closely. Just remember, there could be some true gems hiding in that big old jar in the kitchen.
It’s always a good idea to keep an eye out for coins that are more than a few decades old. One specific coin from 1943 is worth a whole lot more than a mere cent.
Solid copper pennies from 1943 are all extremely valuable because they are very, very rare.
In 1982, the rising cost of copper meant that we switched the material we use to make them. Modern pennies only have a copper veneer.