$30 Million Penny Found: The “Damaged” 1943 Lincoln Cent That Shook the Collecting World

A simple pocket change discovery has rewritten numismatic history. A 1943 Lincoln penny—long mistaken for a damaged coin—has sold for a jaw-dropping $30 million, breaking every U.S. coin auction record.

🔎 Why This Penny Is So Valuable

  • Not Damage, But a Mint Error: What looked like scratches were actually a unique minting flaw.
  • Wrong Metal Used: The penny was struck on bronze, not steel—the metal used during WWII to conserve copper for the war effort.
  • Certified by PCGS: Officially graded MS-62 Error, confirming authenticity and rarity.

🔥 The Auction That Made Headlines

  • 7 elite collectors competed in a bidding war that lasted just 11 minutes.
  • Final price: $30,000,000, setting a world record for any U.S. coin.
  • Buyer: A billionaire from Asia, who will display the coin in a private museum.

🧲 How to Tell If You Have a 1943 Bronze Penny

  1. Check the Date: Must read 1943.
  2. Magnet Test: Steel pennies stick; bronze does not.
  3. Weigh It: Bronze = 3.11g, Steel = 2.7g.
  4. Surface Appearance: May look scratched or “damaged,” but true errors have shimmering, hologram-like patterns.

🕵️ Where to Look for These Coins

  • WWII-era coin albums and mint sets
  • Old safety deposit boxes
  • Estate sales near Philadelphia, Denver, or San Francisco
  • European WWII collections brought home by soldiers

⚠️ What to Do If You Think You Found One

  • Handle only with gloves to avoid oil damage
  • Take high-resolution photos under good lighting (UV helps highlight errors)
  • Submit to PCGS or NGC for authentication
  • For security, use insured or armored transport for shipping

“This isn’t post-mint damage—it’s the most spectacular mint error ever found.”
— Michael Tremonti, President of PCGS

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