Do you know how to spot this penny? Coins are one of those things that are hiding everywhere, and sometimes they can be worth much more than their actual coin value. And most recently, news sources have been reporting that this coin is worth a pretty penny!
According to Coin Trackers, the New York Post, KHOU, and Daily Mail UK, a mint condition 1943 copper wheat penny could earn you more than $85,000! According to KHOU (who consulted with Royal Coin and Jewelry, a Houston dealer specializing in rare coins), in 1943, pennies were made of steel and were additionally zinc-plated to prevent rust. Coin Week explains, “Because copper was needed for purposes relating to World War II, all 1943 cents were planned to be struck on zinc-coated steel planchets.” WATCH THE VIDEO BELOW
At some point during that year, however, a few copper blanks made it into the minting process— and it is these “mistake” coins that are now being sold for amounts somewhere in the 5 and 6 figures. As mentioned, these 1943 copper wheat pennies must be in mint condition to net values in the $85,000 range. But even in lesser conditions, they have still been selling at an average price of $60,000 (according to Coin Tracker). Saul Teichman, an expert in U.S. Mint errors explains (via Coin Week) that collectors drive up the value of the coin, explaining:
“1943 copper cents have a special cachet with collectors. As for market value, the 1943 cents sell for much more than other errors struck around the same time. ” “Many other World War II errors are rarer than 1943 copper or 1944 steel cents but bring a fraction of a price as they lack that special cachet.”
According to media sources, coin collectors must be cautious about 1943 copper wheat penny dupes.
Now that these pennies have been getting a lot of attention, the market is rife with counterfeit copies. Coin Trackers said that many fraudsters will file down the left side of the number 8 on a 1948 copper penny to make it look like a genuine from 1943. Others will take a regular steel penny and coat it with a copper covering in order to make it appear like the real deal. If you’re concerned about a counterfeit, Coin Trackers advises using a magnet to test the coin.
As Daily Mail UK explains, “A solid copper penny will not stick to a magnet, while a steel penny with copper plating will.” So, what are you waiting for? Go take a look at your collection, because you may just have one of the luckiest pennies around! Please SHARE this with your friends and family.
Неrе’s whаt а hаndshаkе symbоl оn а раrking sрасе mеаns
In Pembroke, Ontario, certain parking spots now display a new insignia.
The areas outside the Pembroke OPP station at 77 International Dr. that display the handshake symbol are designed to serve as community safety zones for online transactions.
If you purchase something online and need to meet someone in person to pay for it or pick it up, there are locations you may use to guarantee everyone’s safety, according to the Upper Ottawa Valley OPP.
According to an OPP news release, “Project Safe Trade aims to establish a ‘community safety zone’ at an OPP detachment parking lot to facilitate online property transactions.” “The idea behind establishing a ‘community safety zone’ is to shift online transactions from private parking lots, homes, and other locations to public spaces.”
There is no need for appointments; the secure trading locations will be open at all times.
“The busy holiday season is approaching, making this the perfect time for the local launch of Project Safe Trade.” According to Steph Neufeld, commander of the Upper Ottawa Valley OPP detachment, “online property transactions are on the rise, and the UOV OPP is pleased to be initiating a community safety initiative aimed at decreasing offences related to online marketplace transactions.” “Project Safe Trade and other collaborative methods can lessen victimization and harm in our communities.”
Const. Mike Mahon told CTV News that the areas also offer a means of assisting in preventing the potential of becoming a victim of fraud.
“If it seems too good to be true, it probably is,” goes the saying. Particularly if you’re asking that they meet here and they’re really hesitant, then you should be concerned,” he stated.
According to the OPP, police will not function as witnesses, mediators, or providers of documents in relation to transactions. However, if an officer is called, they will come and only get involved if the transaction turns into a criminal case
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