I just found this “1943 penny” in my grandfather’s collection. Could it be worth over $200,000—or is it just a fake altered coin? Here’s how to tell. Save this for reference!
Step 1: Look Closely at the Date
- On a real 1943, the “3” curves below the “4.”
- On a fake altered coin, the “3” lines up evenly with the “4,” almost like someone scraped a “1948” into “1943.”
If the last number looks suspicious or flat, it’s usually a fake.
Step 2: Weigh the Coin
- A genuine copper 1943 should weigh about 3.1 grams.
- A steel 1943 weighs 2.7 grams.
Step 3: Magnet Test
- Real copper: does not stick to a magnet.
- Fake or steel penny: sticks immediately.
If your penny passes all three tests—you could have one worth $200,000–$250,000 (one sold for $211,000 at auction).
If not, it’s just an altered 1948.
Pro tip: Always handle coins like this carefully and have them graded by PCGS or NGC before selling.
