BREAKING: 1943 Copper Penny Sells for $2,000,000 in New York Auction!
Auction House: Heritage Auctions, New York
Date: June 2025
Final Hammer Price: $2,000,000 USD (Including Buyer’s Premium)
Key Details of the Record-Setting Coin
Grade: PCGS MS-66+ RD (Red) – The finest known example!
Mintmark: Philadelphia (No “D” or “S”) – Only 5-10 confirmed in existence.
Provenance: Previously owned by a private collector since 1960.
Auction Competition: 7 elite bidders drove the price to $2M.
Why This Penny Is Worth $2 Million
Ultra-Rarity: Fewer than 40 genuine 1943 copper pennies exist.
Historical Significance: A WWII minting error never meant to exist.
Perfect Condition: Full red luster, zero wear – a true museum-quality coin.
Investment Demand: Ultra-high-net-worth collectors competed fiercely.
How to Verify If Yours Is Real
Magnet Test: Must NOT stick (real copper is non-magnetic).
Weight Check: Must be 3.11 grams (steel pennies weigh 2.7g).
Professional Grading: Only PCGS/NGC-certified coins sell for millions.
