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Monday, December 15, 2014, 10:22 AM. Pennies are worth so much more than just a cent. It costs the U.S. Mint 1.7 cents to produce a penny, which is nearly half the price from three years ago, according to the U.S. Mint's 2014 Biennial Report to the Congress. It would cost 2.4 cents to make a single penny in 2011.
40 1943 copper-alloy cents are known to remain in existence. Coin experts speculate that they were struck by accident when copper-alloy 1-cent blanks remained in the press hopper when production began on the new steel pennies. A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000.A subsequent piece sold for $10,000 at an ANA convention in 1981. The highest amount paid for a 1943 copper cent was $82,500 in 1996.Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies.The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. subsequent piece sold for $10,000 at an ANA convention in 1981. The highest amount paid for a 1943 copper cent was $82,500 in 1996. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies.