For over eight decades, collectors have been fascinated by a coin that commands six-figure bids at auctions. We’re talking about a small 1943-S Lincoln bronze cent, which has become one of the most sought-after anomalies in U.S. numismatics. What makes it unique? A variation in the material it was made from, which could make it worth $504,000. So, check your pockets—you might have one of these rare coins and brighten your day.
A Lincoln cent highly coveted by U.S. coin collectors
Since the 1940s, a certain Lincoln cent has captivated seasoned collectors. According to Heritage Auctions, this coin, graded MS63 Brown by PCGS and approved by CAC, is widely known for its error. Over the years, it has gained fame as part of the prestigious Simpson Collection. This particular coin was made of bronze, a material crucial during World War II for producing communication equipment and ammunition.
In 1943, at the height of the global conflict, the U.S. Treasury ordered the U.S. Mint to produce pennies using zinc-coated steel instead of bronze to conserve the valuable raw material. However, some bronze planchets left over from 1942 production remained in the Mint’s inventory.
What makes these coins so valuable?
A chance occurrence transformed these Lincoln cents into singular treasures highly sought after by collectors. The bronze planchets accidentally got mixed with zinc ones during production, resulting in bronze coins dated 1943—when all pennies were supposed to be made of zinc. This error occurred at three U.S. Mint facilities: San Francisco, Denver, and Philadelphia.
After their accidental production, the 1943 bronze Lincoln cents began circulating from pocket to pocket. To illustrate their appeal, there’s even a story that Henry Ford once offered a brand-new car to anyone who found one of these copper-made cents. This legend further fueled the demand for the Lincoln cent among U.S. numismatic experts. Finally, for more information on current events, follow us daily to know other interesting news. We bring you the most relevant socioeconomic updates in the United States all year round.
