If You Have An Old Wheat Penny That Sticks To A Magnet, It May Be Worth A Small Fortune (2024)

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1943-and-1944-wheat-penny 1944-wheat-penny So why am I waving a magnet over my Wheat Penny collection? Wisconsin quarter Live In Florida, Work Anywhere - Here Are The Top 100 Companies for Remote Jobs Now back to the remote jobs list. 1. Liveops 2. Working Solutions 3. TTEC 4. CVS Health 5. Kelly 6. Williams-Sonoma 7. Sutherland 8. Robert Half International 9. TranscribeMe 10. Transcom 11. BCD Travel 12. UnitedHealth Group 13. BELAY 14. Cactus Communications 15. Kforce 16. LHH – Lee Hecht Harrison 17. Activus Connect 18. AnywhereWorks 19. Randstad 20. Thermo Fisher Scientific 21. Twilio 22. Ansafone Contact Centers 23. Direct Interactions 24. Aston Carter 25. Alight Solutions 26. Lincoln Financial Group 27. HubSpot 28. GitHub 29. BairesDev 30. CWT Global 31. Citizens Bank 32. Pearson 33. Creative Financial Staffing – CFS 34. ICON plc 35. Aquent 36. NTT DATA 37. American Red Cross 38. Elevance Health 39. ModSquad 40. New York Life 41. SAP 42. Evolve 43. DoorDash 44. Supporting Strategies 45. Stride, Inc. 46. Toast, Inc. 47. DocuSign 48. Parexel 49. Beacon Hill Staffing Group 50. Vista 51. Literably 52. Verizon 53. Affirm 54. Change Healthcare 55. Meta Platforms 56. U.S. Bank 57. Western Governors University – WGU 58. Amazon 59. ICF 60. Elastic 61. Boldly 62. eXp Realty 63. Reddit 64. Airbnb 65. Andela 66. Grand Canyon Education – GCE 67. Progressive 68. Humana 69. Travel Nurse Across America – TNAA 70. Solomon Page 71. TELUS International 72. PNC 73. Kraken 74. Allstate 75. Liberty Mutual 76. Mozilla 77. Amplify Education 78. American Cancer Society 79. Express Employment Professionals 80. Angi 81. The Hartford 82. Invitae 83. American Heart Association 84. Achieve Test Prep 85. Kaplan 86. ADTRAV Travel Management 87. Akraya 88. iMPact Business Group 89. Datavant 90. FlexProfessionals 91. GovCIO 92. Planet Professional 93. ConsenSys 94. FHI 360 95. Lumen Technologies 96. Lyft 97. Vituity 98. Pantheon 99. Gusto 100. Danone You love listening to ESPN Southwest Florida, now make sure you’re getting all the extra perks. Sign up today to be an ESPN Southwest Florida Insider! More ESPN SWFL Everblades Three-Peat: Game 4 Analysis Kelly Cup Finals: Game 3 Response It is National Ketchup Day! Kelly Cup Finals Game 3: Avoiding Predictable Hockey Combat Sports: Girls Wrestling in SWFL How Long Will The Real Kyrie Irving Last? Seasonal Affective Disorder Is Impacting Fort Myers Residents Florida Everblades Game 5: Staying Hungry Florida Everblades Shutout Adirondack Thunder in Game 3: Behind the Scenes & Analysis Auto Racing Biggest Weekend is here Serena Williams Former Coach To Open Tennis Center In Naples Naples Florida Named Best Place To Live In The U.S. The Fastest Growing City in Florida Isn’t On The Coast – And It’s Not Orlando Shemon and Company Charity Golf Tournament: Photo Gallery Florida Slang: How To Speak Like A Local 1 Southwest Florida Barbecue Hot Spot Made The List For Best Barbecue In The U.S. Kirk Cousins is Mature; More so than Most Everblades Advance to Eastern Conference Finals: What’s next? 2024 NFL Schedule Release This Week! Florida Everblades Game 5: Regrouping Florida Has The Drunkest Golfers in America Florida Everblades Game 4: ‘Doing What Needs to be Done’ Coca Cola was Invented on this Day in 1886 Everblades to ‘Make History’ After a 5-1 Win Against the Orlando Solar Bears The Atlanta Falcons Mystery New Hurricane Forecast Calls For 33 Named Storms This Season Up Your Flirting Game with These Science-Based Tips Don’t Wear Crocs To Disney World Man in a Dress: Florida Boat Thief’s Bold Disguise Foiled by Deputies Southwest Airlines To End Some Fort Myers Routes Rocco’s Tacos Naples Planning 3 Day Cinco De Mayo Celebration Florida Summer Weather Outlook: What You Need to Know The Future of Purdue’s Zach Edey in the NBA is Getting Clearer Here is How to Make the NFL Draft Better Florida Man’s Stolen Car with Mom’s Ashes Still Missing Florida-Based Franchise Business Seeing Incredible Growth Dolphins NFL Draft History is Shaky at Best Caught on Camera: Florida Woman Goes Wild In Spitting Arrest Video 2024 NFL Mock Draft: Quarterbacks Have the Power 2024 NFL Draft Stage: First Look Southwest Florida Pollen Count Approaching ‘Very High” Levels Naples Hotel Awarded A Spot On Coveted National List Florida: One Of The Most Dangerous States For Online Dating Construction Begins On Exciting New Royal Caribbean Royal Beach Club Free Busch Gardens Tickets to Active-Duty U.S. Military, Veterans and Their Families Buccaneers Draft History Better Than You Think Florida Welcomes First Nude Cruise Experience Miami Resort Becomes a Maternity Ward for Invasive Iguana FAQs

If You Have An Old Wheat Penny That Sticks To A Magnet, It May Be Worth A Small Fortune (1)

Now this is the kind of treasure hunt I like. Usually when you’re looking for a rare coin, you have to carefully examine each coin looking for a specific defect. Not this time. Grab the old pennies and a magnet, let’s do this. I tried this on my personal Wheat Penny collection I brought down to Florida from Ohio, but had no luck. Let’s go over what you’re looking for.

  • 1943-and-1944-wheat-penny

    These pennies are made of different materials.

The two rare pennies we’ll be discussing came from extreme measures taken during World War 2. According to SDBullion, In 1943 they needed to make a lot of ammunition, so it was decided to mint pennies with “a steel planchet covered with zinc due to a copper shortage” (A planchet is a plain metal disk from which a coin is made). There was still some copper planchets in the presses and a few 1943 pennies were made copper. Those pennies are worth a LOT. Like, buy a boat money. If you have a 1943 Wheat Penny and want to know if it’s the rare one, that’s covered here. We’re looking for a steel 1944 Wheat Penny. This picture here ain’t it:

  • 1944-wheat-penny

    This penny is worth one cent.

So why am I waving a magnet over my Wheat Penny collection?

Well, the opposite of what we just discussed is true. In 1944 they decided to abandon the steel planchet and go to a bronze alloy. And just like the previous year, some of the older planchets got mixed in. About 25 to 30 of them are out there and easy to find if you know how. Spread that Wheat penny collection across the table and hold a magnet over each coin. A steel penny is the only one that will stick to the magnet. Here’s the magic part (drumroll please). If a penny sticks to the magnet, check the date. A 1943 circulated penny that sticks is worth 10 cents or so. But a 1944 penny that sticks to the magnet should net you around $40,000. Much more if it’s in really good condition. Unfortunately, I had no luck with my Ohio to Florida penny collection.

What else can I check?

  • Wisconsin quarter

If you have a collection of the quarters with the states on them, there’s a pretty cool mess up on some of the Wisconsin quarters. That story (with video) can be found here. Don’t have an old coin collection? There’s always the Mega Millions.

Live In Florida, Work Anywhere - Here Are The Top 100 Companies for Remote Jobs

If you need a job but don’t want to leave the sunshine state, do I have a list for you. Flexjobs just dropped it’sTop 100 Companies for Remote Jobs! These 100 companies had the highest number of remote jobs openings throughout 2022. From the release:

“As leaders in the remote job marketplace, we are thrilled to once again shine a light on the employers that have made remote hiring a priority for their businesses,” said Sara Sutton, Founder and CEO of FlexJobs. “As it was when we first created the Top 100 list a decade ago, our goal in identifying these remote-friendly employers is to help job seekers connect to remote career opportunities and to celebrate the companies championing for a more flexible future of work. Even amid current economic uncertainty and challenges, the continued interest and investment in remote work has created a healthy, robust marketplace for remote career opportunities,” Sutton concluded.

If you’re like me, you got a taste of the work-from-home environment during Covid. And now you want more of it. There were times I took my laptop out and sat by the pool while doing my job. Now I’m back in an office freezing because someone in charge wants the thermostat set to 72. I’m from Florida! I like it warm!

Now back to the remote jobs list.

The topseven career categoriesthat had the most number of remote job postings in the FlexJobs database in 2022:

  1. Computer & IT
  2. Marketing
  3. Accounting & Finance
  4. Project Management
  5. Medical & Health
  6. HR & Recruiting
  7. Customer Service

Additionally, here’s the top 10 remote job postingson FlexJobs during 2022:

  1. Accountant
  2. Executive Assistant
  3. Customer Service Representative
  4. Senior Financial Analyst
  5. Recruiter
  6. Project Manager
  7. Technical Writer
  8. Product Marketing Manager
  9. Customer Success Manager
  10. Graphic Designer

So who’s hiring? Here’s a hundred to choose from.

Joe Winner spends his days combing through memes and off beat stories to bring you the side of Florida not always seen.

If You Have An Old Wheat Penny That Sticks To A Magnet, It May Be Worth A Small Fortune (2)

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If You Have An Old Wheat Penny That Sticks To A Magnet, It May Be Worth A Small Fortune (2024)

FAQs

How much is a 1943 penny that sticks to a magnet worth? ›

Due to the copper shortage at the beginning of WW2, in 1943 pennies were struck in steel, (the color is silver, not the metal), hence the ferrous quality of steel is why the coin is attracted to a magnet. An average condition 1943 steel cent is maybe worth 15 cents. An uncirculated one is maybe worth 2–4 dollars.

Read On ›
What does it mean if my 1943 penny sticks to a magnet? ›

The weight of 2.7g is for a typical 1943 steel cent. The fact that yours sticks to a magnet also confirms the fact that what you have is a normal steel cent.

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Will a 1944 steel penny stick to a magnet? ›

Most steel coins are magnetic, so if your coin isn't attracted to a magnet that would point to it not being steel.

Continue Reading ›
Which penny is worth more, 1943 or 1944? ›

Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. 2) 1943 Copper Wheat Penny - $250,000. 3) 1856 Flying Eagle Penny - $25,000.

See Details ›
Are magnetic pennies rare? ›

If a U.S. one cent can be picked up by a magnet, it is made of steel. Those with a date of 1943 will be steel instead of copper. These were only made in 1943 and a small number in 1944. None in 1958.

Find Out More ›
Why is the 1944 penny rare? ›

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

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How much is a 1943 steel wheat penny worth? ›

According to Gainesville Coins, most circulated 1943 steel pennies trade for around 10 to 25 cents each. Uncirculated examples can be worth $1 to $5, with top-level specimens in Mint State-67 or better sometimes fetching hundreds or even thousands of dollars​ (Gainesville Coins)​.

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How to tell if a wheat penny is worth money? ›

Coins with mistakes, such as a double die or missing letters, can be worth significantly more than their regular counterparts. Another way is to look for specific years known to be scarce or have low mintage numbers. Collectors also value wheat pennies with a high level of detail and minimal wear.

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What does a fake 1943 penny look like? ›

If the tail of the last digit in the date, the number 3, does not extend well below the bottom of the other numbers in the date, it is probably a cut-in-half 8 (see the photo above). If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny.

Continue Reading ›
Does anyone buy wheat pennies? ›

Most wheat pennies people come across range from Fair to Good condition. The average wheat penny is usually worth around 15 cents, which is not substantial, but it's more than face value. Realistically, unless you have a more desirable date or mint mark attached to your wheat penny, chances are it won't sell for much.

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Why is my wheat penny magnetic? ›

I have several 1943 steel wheat pennies with no mint marks. ... Hello, This is a 1944 penny made as one of the experimental coins in tin with a very thin zinc coating for shine. Tin is not magnetic but zinc is, so this is why it would have just a slight magnetic property when tested.

Read The Full Story ›
Is a 1942 wheat penny worth any money? ›

The value of a 1942 Wheat Penny ranges from $0.05 to $12,000, with an average worth of $0.15 to $5.50.

See Details ›
Why is the 1999 penny worth so much? ›

Most 1999 pennies are worth only face value. However, one exception is the 1999 “Wide AM” penny. In this case, the “AM” in “AMERICA” on the reverse side of the penny is spaced wider than usual.

Get More Info Here ›
Why is the 1983 penny so valuable? ›

The U.S. made about 7.7 billion pennies in 1983, but only about 5,000 of them are known to have been made with this doubling error, James McCartney, director of numismatics at Stack's Bowers Galleries, tells CNBC Make It. The rarity of these misprinted pennies are what make them more valuable than ordinary pennies.

Continue Reading ›
Why is a 1982 penny worth so much? ›

One reason these coins are so valuable has to do with what they are made of. As GOBankingRates previously reported, any penny minted before 1982 contains 95% copper. Copper pennies are a relatively common find in a penny roll, which lowers their value.

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How to tell if 1944 wheat penny is worth money? ›

The 1944 steel wheat penny is unique as the only regular-issue US coin that can be attracted to a magnet. Only 20 to 40 1944 steel wheat pennies were minted, making them extremely rare and valuable. Other valuable 1944 wheat pennies include those with rare errors, like double die or wrong mint mark errors.

View Details ›
How do I know if my 1945 penny is valuable? ›

Values for the 1945 wheat penny can vary: Circulated Pennies: Often range from $0.03 to $0.50. Uncirculated Pennies: Can range from $1 to $5 for those in pristine condition. Pennies with Errors: The value can increase significantly, often reaching $50 to $100, depending on the rarity and demand.

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What year of penny is 100% copper? ›

History of composition
YearsMaterialWeight (grams)
1795–1857 †~100% copper10.89
1856–186488% copper, 12% nickel (also known as NS-12)4.67
1864–1942bronze (95% copper, 5% tin and zinc)3.11
1943zinc-coated steel (also known as 1943 steel cent)2.72
5 more rows

Learn More ›
Which 1943 steel penny is rare? ›

Double die (DDR and DDO) - Steel pennies with this error are typically worth hundreds of dollars, but a few unique pieces were sold for even more. 1943/2S DDO - The overdate (1943 over 1942) pennies minted in San Francisco are highly collectible. The costliest piece reached $10,000 at an auction in 2022.

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What year is penny worth $100,000? ›

1943 Copper Pennies Are Insanely Valuable

A small handful of pennies produced in 1943 were mistakenly made with the normal bronze alloy containing 95% copper and 5% tin. The 1943 copper penny is extremely rare and valuable. Only a couple dozen pieces were made and exist today, and each is worth about $100,000.

Show Me More ›
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