Many people don’t realise they could be carrying a small fortune in their pockets, wallets, or coin jars. One rare Lincoln Wheat Penny, which looks just like any other old copper coin, has been valued at a jaw-dropping $100,000—and it’s still out there in circulation. That means your everyday change might be hiding one of the most valuable coins in American history.
History
The Lincoln Wheat Penny was first minted in 1909 and remained in production until 1958. It features President Abraham Lincoln on the front, with a pair of wheat stalks on the back—hence the name “Wheat Penny.” After 1958, the design changed to feature the Lincoln Memorial on the reverse side.
Though they’re no longer produced, millions of these coins were made and many are still found in circulation. Most are only worth face value, but a select few can fetch a small fortune.
Value
So why are some Wheat Pennies worth more than others? The answer lies in a mix of rarity, errors, and historical importance. A few standout coins have been appraised at tens of thousands—or even over $100,000—depending on condition and uniqueness.
One of the most valuable is the 1943 copper penny. During World War II, copper was needed for ammunition, so the U.S. Mint switched to steel pennies. But a few copper blanks from the previous year slipped through the system. These 1943 copper Wheat Pennies are now some of the rarest coins ever made.
Another big-ticket item is the 1909-S VDB penny. This was one of the very first Lincoln Wheat Pennies, and it includes the initials of the designer, Victor David Brenner, on the reverse. Only a limited number were struck in San Francisco, making it highly sought after by collectors.
Features
If you want to know whether you’ve got a valuable penny, here’s what to look for:
- Check the year: Coins from 1909 to 1958 are Wheat Pennies.
- Look for mint marks: A small “S” (San Francisco) or “D” (Denver) under the year can increase value.
- Find the VDB initials: Located at the bottom rim on the reverse side of the 1909 versions.
- Inspect for errors: Double strikes, misprints, off-center images, or unusual coloring could mean extra value.
These features can turn an old penny into a collector’s dream. And with the right combination, your coin might be worth far more than one cent.
Circulation
What makes this especially thrilling is the fact that these valuable coins are still in circulation. That’s right—people use them every day without realizing what they’re holding. You could find one in a handful of change from the grocery store or hiding in your grandma’s coin jar.
In fact, many collectors spend time going through bank rolls, coin jars, and flea market finds hoping to observe a hidden gem. It’s like a modern-day treasure hunt—accessible to anyone with curiosity and a bit of patience.
Opportunity
This story reminds us that treasures don’t always come in gold bars or diamonds. Sometimes, they’re small, copper-colored, and hiding in plain sight. With one rare Lincoln Wheat Penny worth up to $100,000 still possibly being passed around, now’s the perfect time to check your change.
You never know—you might already be holding a piece of history that could change your life.
FAQs
What is a Lincoln Wheat Penny?
A penny minted from 1909–1958 with wheat stalks on the back.
Why is the 1943 copper penny valuable?
It was a minting mistake during WWII, making it extremely rare.
How can I identify a rare penny?
Check the date, mint mark, and look for errors or ‘VDB’.
Are valuable pennies still in circulation?
Yes, many rare ones are still unknowingly used today.
What is the 1909-S VDB penny?
A rare first-year Wheat Penny with designer initials and limited mintage.
