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After the outbreak of World War II, the demand for copper rose as it was used in ammunition and other military equipment. The US Mint researched ways to reduce or eliminate the usage of copper in cent production. The mint struck pattern coins in various metals, using the obverse design of the Colombian two centavo coin. [1]
1. 1943-D Lincoln Bronze Wheat Penny — $2.3 million. ... this is one of the highest-value pennies in circulation today. During World War II, pennies were made of steel to save copper for the war ...
Wartime cent, 1944–1946 (Brass except as noted) Year Mint Mintage Comments 1944 (P) 1,435,000,000 (P) >27 Zinc-plated Steel. 27 known. D 430,578,000 D ^ D over S D
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint every year since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958).
1926-D Lincoln Penny: $3,290+ The 1926-D Wheat Penny value ranges from about $900 for Mint State brown varieties to $22,000 for Mint State red varieties. ... Made of 95% copper and 5% tin and zinc ...
Editor’s note: This article was updated to reflect the 1982 penny is a Lincoln penny, not a wheat penny. This article originally appeared on GOBankingRates.com : 5 Copper Coins Worth a Lot of Money