Due to the coin's rarity, the value of a 1943 copper penny likely exceeds $82,500, the price paid by a collector at a 1996 coin auction. Prior to that occasion, a 1943 copper penny sold for $10,000 in 1981 and for more than $40,000 in 1958.
Pennies minted in 1943 were primarily made out of zinc to preserve copper resources for World War II manufacturing. The U.S. Mint released pennies minted in copper by mistake. Because of their high value, 1943 copper pennies are frequently created by counterfeiters. Counterfeit 1943 copper pennies can be identified by checking their magnetism as the real coins are not attracted to a magnet.