Why is the 1943 Copper Penny Worth $20,000?

Discover why the rare 1943 copper penny fetches $20,000 and learn how to identify it.

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The 1943 copper penny is worth $20,000 due to its rarity. Most pennies from 1943 were made of steel due to a copper shortage during World War II. However, a few were accidentally made with copper, making them highly valuable to collectors. If you find a 1943 penny, check if it sticks to a magnet, as genuine copper pennies won’t.

FAQs & Answers

  1. What makes the 1943 copper penny so valuable? The rarity of the 1943 copper penny, due to its accidental production during World War II, makes it highly sought after by collectors.
  2. How can I tell if my 1943 penny is copper? A genuine 1943 copper penny will not stick to a magnet, as most 1943 pennies were made of steel.
  3. What other rare pennies should I look for? Other valuable pennies include the 1909-S V.D.B. penny and the 1955 double die penny.
  4. Where can I sell my rare coins? Rare coins can be sold through auctions, coin dealers, or online marketplaces specializing in collectibles.