1943 Lincoln Penny: Worth an Estimated $500k+

1943 Lincoln Penny worth $500k.

A coin of extremely high value.

Here are the details.

A 1943-S Lincoln penny could be worth a small fortune to those who possess it.

This rare specimen has become one of the most fascinating numismatic errors in American history, with an estimated value of $504,000 due to a detail on the coin.

During World War II, copper became a critical resource for the creation of ammunition and communication equipment.

In response, the U.S. Treasury Department ordered the U.S. Mint to produce the 1943 pennies using zinc-coated steel planchets instead of traditional bronze.

1943 Lincoln Penny: Valued at an Estimated Over $500k

1943 Lincoln Penny – Photo: Heritage Auctions

Despite the mass production of these steel pennies, some bronze ones, intended for the 1942 production, remained in the Mint’s reserves.

These bronze coins were accidentally mixed with the steel ones and were minted as 1943 coins.

This error occurred at all three active Mints: Philadelphia, Denver, and San Francisco.

Only six 1943 bronze pennies from the San Francisco Mint have been verified, making them extremely rare.

A Highly Valuable and Extremely Rare Penny

The penny in question, graded MS63 Brown by PCGS and approved by CAC, is the highest quality known of this error and is part of the renowned Simpson Collection.

The 1943-S Lincoln penny, due to its extreme rarity and minting error, reaches an astonishing value of $504,000, making it a coveted piece among collectors.

It is also a notable specimen in American numismatics.

Its rarity and the history surrounding it make it a highly sought-after object among collectors, driving its value to $504,000.

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PHOTO: MundoHoy