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Pennies have been solely product of metal in 1943, making a 1944 metal penny exceptionally worthwhile
In a stunning revelation by a TikTok coin knowledgeable, it has been recommended that an odd penny may have the potential to purchase a home, with two particular particulars marking its worth at $175,000.
The TikToker, often known as Bullion Shark, intervened in one other creator’s video the place a penny from 1944 was being remodeled. Expressing appreciation for the design, the coin knowledgeable identified the coin’s significance attributable to its distinctive date.
Nonetheless, upon nearer examination, it was clarified that the coin in query didn’t possess the particular errors that will make it price a considerable quantity. To show a penny right into a fortune, it should not solely bear the uncommon 1944 date but additionally be composed of metal, a cloth distinct from the everyday copper pennies.
The knowledgeable emphasised that pennies have been solely product of metal in 1943, making a 1944 metal penny exceptionally worthwhile because it defies the norm.
Citing a list on what seems to be Craigslist, the TikTok knowledgeable showcased a metal 1944 penny on the market at $175,000, whereas highlighting {that a} metal penny in higher situation had beforehand offered for over $800,000. Skilled Coin Grading Service confirmed the public sale of a metal 1944 penny with an MS64 grade for $158,625.00.
This revelation is not the primary time {that a} metal penny has garnered consideration on-line. Beforehand dropped at gentle on the fact present Pawn Stars, the coin’s rarity was assessed at round $30,000 in 2016.
TikToker TheCoinChannel additional emphasised the historic context, noting that metal pennies have been solely supposed to be made in 1943 attributable to a copper scarcity throughout World Warfare II. An analogous high-grade MS66 penny was showcased, promoting for a formidable $408,000 in an public sale by Heritage Auctions.
