Connect with us

US Coins

$1.7M Rare Lincoln Wheat Penny Is Hiding In Your Spare Change

Published

on

$1.7M Rare Lincoln Wheat Penny Is Hiding In Your Spare Change

The Lincoln Wheat Penny, with an astonishing value ranging between $870,000 and $1.7 million, could still be in circulation today.

A few lucky individuals may unknowingly possess one in their coin jars or spare change, making it worth checking those forgotten stashes.

The Lincoln Wheat Penny

Minted over a century ago, the Lincoln Wheat Penny has become a prized possession in the coin-collecting world. In 2019, an auction witnessed a collector paying $870,000 for one of these rare 1943 Bronze Lincoln Wheat Pennies, securing its position as one of the most expensive pennies ever sold.

Rumors of a $300 million Lincoln Wheat Penny persist, yet no concrete proof supports this claim. Similarly, speculations of a $5 million Wheat Penny remain unverified.

Some collectors believe certain error coins exist, but professional coin grading firms have yet to confirm such discoveries.

The Most Valuable Lincoln Penny Ever Sold

The highest price ever recorded for a Lincoln Wheat Penny was in 2010, when a 1943 Bronze Wheat Penny fetched $1.7 million at an auction.

Unlike most coins from that year, which were made with zinc-plated steel, this unique specimen was mistakenly struck in bronze, making it an ultra-rare collector’s item.

Historical Significance

The Lincoln Wheat Penny first appeared in 1909 to honor the 100th anniversary of Abraham Lincoln’s birth. Designed by Victor David Brenner, it became the first U.S. coin to feature a president’s portrait.

The reverse side of the coin displays two wheat stalks, symbolizing prosperity and growth. This design remained until 1958, when it was replaced by the Lincoln Memorial depiction.

Other Rare Coins Worth a Fortune

While the Lincoln Wheat Penny is among the most valuable, other coins in circulation could also be worth a significant amount. The table below highlights some noteworthy examples:

CoinEstimated ValueUnique Feature
1943 Bronze Lincoln PennyUp to $1.7 millionStruck in bronze instead of steel
1933 Double Eagle Quarter$18.9 millionUnique double-tail eagle design
1794 Flowing Hair Silver Dollar$10 millionFirst U.S. silver dollar minted
1972 Doubled Die Lincoln Cent$100 – $10,000Double image error
2005-D Speared Bison Nickel$100 – $1,000Visible die gouge on buffalo
1982 No Mint Mark Dime$100 – $500Missing mint mark

The Double Eagle Quarter

The 1933 Double Eagle Quarter is another exceptionally rare find, valued at a staggering $18.9 million. This coin features a unique double-tailed eagle design, an error that led to most of these coins being recalled and melted by the U.S. Treasury Department.

The Flowing Hair Silver Dollar

The 1794 Flowing Hair Silver Dollar holds the distinction of being one of the rarest coins ever minted in the United States. It was the first silver dollar produced after the American Revolution and fetched a whopping $10 million at auction in 2010.

The search for rare coins continues to thrill collectors and everyday Americans alike. With the 1943 Bronze Lincoln Wheat Penny reaching values of $1.7 million, checking your loose change might just lead to an unexpected fortune.

Whether it’s a misprinted penny, a double die coin, or a forgotten gem from history, the right find could change your financial future.

FAQs

How do I know if I have a rare Lincoln Wheat Penny?

A rare Lincoln Wheat Penny, such as the 1943 Bronze version, will be non-magnetic and made of copper rather than steel.

Where can I sell a valuable coin?

You can sell rare coins through reputable auction houses, coin dealers, or online marketplaces specializing in numismatic items.

Why is the 1943 Lincoln Wheat Penny so valuable?

It was mistakenly minted in bronze instead of steel, making it extremely rare and highly sought after by collectors.

Trending

Exit mobile version