For more than 80 years, coin collectors have been captivated by a particular Lincoln cent that commands impressive sums at auction. This rare 1943-S Lincoln bronze cent has become one of the most sought-after coins in U.S. numismatics, with some fetching up to $504,000. The coin’s value stems from a mistake in its production process, making it a rare and highly prized find. So, it’s worth checking your change—you could be holding a piece of history worth a small fortune.
A Highly Coveted Lincoln Cent Among Collectors
Since the 1940s, this specific Lincoln cent has intrigued serious collectors. The coin, which has been graded MS63 Brown by PCGS and approved by CAC, is notable for a production error. It is part of the prestigious Simpson Collection and has gained significant attention in the numismatic world. The 1943 cent was originally intended to be minted from zinc-coated steel, but due to a shortage of material during World War II, the U.S. Treasury ordered the Mint to switch the composition. However, some leftover bronze planchets from the previous year found their way into the minting process.
Why This Coin is So Valuable
The key factor behind the coin’s extraordinary value is a fortunate error. In 1943, bronze planchets, which were supposed to be used for pennies in 1942, were accidentally mixed with the zinc-coated steel planchets intended for that year’s pennies. This resulted in the creation of a small number of 1943 bronze Lincoln cents—a mistake that occurred at three U.S. Mint facilities: San Francisco, Denver, and Philadelphia.
These rare bronze pennies quickly circulated in the economy, but over time, they became a coveted collector’s item. The legend surrounding the coins even includes a tale about Henry Ford offering a new car to anyone who could find one, further increasing their desirability among numismatists. For coin collectors, these error coins are seen as one of the ultimate finds, and they can be worth substantial amounts depending on their condition and authenticity.
If you’re lucky enough to find one of these rare coins, you could hold a valuable piece of U.S. history, worth hundreds of thousands of dollars. Keep an eye out for any 1943 pennies—you may just discover a treasure in your pocket!