Now, some 70 years later, the coin is being auctioned off. and the current highest bid is well over $100,000.
Lincoln pennies produced in 1943 were meant to be made from zinc-coated steel, but a handful of coins put into circulation used copper instead.
Don Lutes Jr. was a 16-year-old high school student in MA when he stumbled across one of the most famous error coins in American history in the cafeteria in 1947. Their standard reply simply read: "In regard to your recent inquiry, please be informed that copper pennies were not struck in 1943".
The cent is one of the most famous error coins in USA history, pressed on copper and not zinc-plated steel. "Despite the mounting number of reported finds, the Mint steadfastly denied any copper specimens that had been struck in 1943".
In an effort to conserve copper, the Treasury Department asked the U.S. Mint to cast all pennies in 1943 out of zinc-coated steel blanks.
He contacted Ford, who told him that they weren't giving out cars in exchange for the coins after all. However, an accident at the U.S. Mint led to the creation of just a handful of copper pennies, which mixed in with the flood of zinc-coated steel coins being sent out.
Trump halts federal funding to fight California wildfires State officials have pointed to a variety of factors including some of the hottest years on record amid global warming trends. Trump's tweet today comes as he faces heat over the ongoing government shutdown, in which FEMA is partially affected.
So Lutes concluded his coin was probably valueless, and stored it as a curiosity in his coin collection for the next seven decades. While the coin wasn't purchased off the auction block, it reportedly raked in $40,000 in a private sale shortly after. Heritage believes it could sell for $170,000 or moreat auction in Orlando.
The auction is set to end January 10, 2019.
Don Lutes, Jr., of Pittsfield, Massachusetts discovered a rare "copper" 1943 Lincoln Penny in his lunch money in 1947.
Sarah Miller of Heritage Auctions told SWNS (via Fox): "This is the most famous error coin in American numismatics and that's what makes this so exciting".
"They eventually became dislodged and were fed into the coin press, along with the wartime steel blanks".
A rare coin found by a high schooler in his lunch money has been valued at nearly $1.7million, following the owner's death. "PCGS CoinFacts estimates the surviving population at no more than 10-15 examples in all grades".
But the bloc refuses to reopen the agreement, and opposition to the negotiated deal remains strong among British lawmakers. A majority of members of Parliament oppose a no-deal Brexit, but it remains the default option if May's deal is rejected.
City enjoyed a stroll 24 hours later, with fans not quite getting their wish after chanting "We want 10" in the closing stages. But we still have an outside chance of achieving a miracle, and that's what we'll try for".
It was reported by Cleveland.com that the Browns already reached out to some of the coaching staff, asking them to stay. Under the new leadership, the Browns went 5-3 to finish the season, while the offense and Baker Mayfield took off.
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Mayhew is an animal welfare charity which helps cats and dogs through community initiatives and veterinary care. Meghan is said to love the Cotswolds and their rented home because of the privacy it gives her and Harry.
The palace wished Middleton a happy birthday on the palace and the royal family's official Twitter accounts. Charlotte goes to Willcocks Nursery School, while George goes to Thomas's London Day School in Battersea.
Additionally, Breer reports that quarterback Sam Darnold played a role in the Jets decision to hire Gase. McCarthy told NFL Network he has chose to sit out the upcoming season after the Jets hired Adam Gase.
On Monday, Chinese importers made another large purchase of U.S. soybeans, their third in the past month. This meeting was previously unscheduled, signaling the two sides could be coming together on key issues.
Kim made the promise during his summit with Chinese President Xi Jinping in Beijing on Tuesday, according to Xinhua News Agency. Kim and Xi held talks Tuesday - believed to be Kim's birthday - shortly after the North Korean leader arrived in Beijing .
Lindsay Lohan reportedly "still drinks and has never really stopped drinking" despite her multiple stints in rehab facilities. Lindsay Lohan officially announced not only her return to television but to movies as well after a years-long acting hiatus.
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Swinney, Clemson already looking to add another title
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Chelsea links a compliment to Wilson, says Howe
According to report from the Stamford Bridge, Higuain is expected to earn about £140,000 a week when he finally joins the club. Chelsea, for their part, are in need of a striker after deploying Eden Hazard as a false nine for a large chunk of the season.
Trump's prime-time bid to end border wall impasse falls flat
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Malaysia probes claim China offered to bail out 1MDB
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Vic Fangio Named Denver Broncos Head Coach
We're really excited to be back together". "I feel like the Bears definitely got a defense that can go all the way". ENGLEWOOD, Colo. - In hiring Vic Fangio , the Denver Broncos are returning to a formula they trust.