Michigan Check Your Coins For This $300,000 Penny

This never made any sense to me, but it makes sense to the coin collectors or whoever else out there that's interested but how can a coin be worth more than the value of said coin? For a while I had one of those quarter booklets, where you would be able to collect all the different kinds of quarters from the different states across the country. As each state prints its own state emblem of some sort on the back of its quarters.

As I was collecting those quarters and making a conscious effort to look at all of the quarters that were given to myself, my mom, grandparents, and others I was around I fell down the coin rabbit hole and realized that there are some valuable coins out there, some that are worth way more than you would think.

If you're anything like me than you would think that every quarter is worth $.25, every dime is worth $.10, every nickel is $.05, and every penny is $.01 but we couldn't be more wrong as there are tons of coins out there that are worth hundreds of thousands of dollars. Including this one penny that is out there and very well could be in Michigan, you may want to look through your change as you may be sitting on something worth more than just a pretty penny.

This isn't the specific penny you should be looking for but if you happen to have any pennies from 1943 you should set them aside as they are supposedly minted from steel due to all the copper being needed and used in World War II. Now that you have all of those pennies separated you will want to pull out your scale because some of those pennies were still made with copper.

Of course, there are tons of fakes out there which is why you need to scale to determine the validity of the coin. A real copper penny will weigh over 3 grams and it shouldn't stick to any magnets. The last way they try and get over on fake pennies is absolutely absurd but can get those that aren't paying enough attention.

The last way people get over is by taking real copper pennies from 1948 and shaving or carving down the curves on the number 8 to make a 3. Yes, they change the number 8 into a 3, but there is one easy way to distinguish this, a real 1943 copper penny will have the 3 slightly below the 4 while the 1948 replicas will have the 3 and 4 even in line with one another.