For many coin collectors, World War II-era pennies are an exciting part of U.S. coin history. While the famous 1943 steel penny often steals the spotlight, its predecessor — the 1942-D Lincoln cent — has recently been causing a stir among sharp-eyed collectors. Though common at first glance, some 1942-D pennies carry unique features, minting quirks, and error varieties that make them stand out. It’s a coin that deserves a second look, and in some cases, a place of honor in your collection.
1942-D Lincoln Wheat Penny
The 1942-D Lincoln Wheat cent, minted in Denver, was produced in large numbers — over 206 million — and struck in the standard 95% copper, 5% zinc and tin composition. This was the last full year before the Mint temporarily switched to steel cents in 1943 to conserve copper for the war effort.
While most 1942-D pennies are worth only a few cents in circulated condition, collectors are paying serious premiums for high-grade specimens and varieties with errors such as repunched mintmarks (RPMs), die cracks, and off-center strikes. As coin roll hunters and collectors dig deeper into World War II coinage, the 1942-D is gaining renewed attention.
Why It’s Getting Noticed:
- RPM Varieties Exist – Multiple examples of repunched “D” mintmarks have been certified.
- High-Grade Rarity – Mint State (MS-65 or better) examples with original red color can fetch $100–$300 or more.
- Historical Context – As the last pre-steel cent, it marks the end of an era.
- Affordable to Start – Still common enough to be found in rolls and old collections.
- Collector Demand Growing – WWII-era coins remain a hot market segment.
How to Spot a Special 1942-D:
- Mintmark Variety – Look for RPMs where the “D” mintmark appears doubled or shadowed under magnification.
- Die Cracks – Small raised lines on the coin’s surface could indicate a late-stage die and carry added value.
- Off-Center Strike – Even slightly misaligned strikes can increase a coin’s worth.
- Mint State Condition – Bright red (RD) examples in pristine condition are in high demand.
- Lamination Errors – Flakes or peeling on the coin surface due to metal impurities can also attract collectors.
The 1942-D penny might seem like a common wheat cent at first, but a closer inspection could reveal a hidden gem. Whether it’s a repunched mintmark, a crisp Mint State example, or a striking error, this coin has more potential than many realize. It stands at the threshold of wartime coinage — a historical and collectible piece that could be sitting unnoticed in a drawer, jar, or coin roll near you. For seasoned collectors and beginners alike, the 1942-D is definitely worth a second look.
FAQ’s:
1. How much is a 1942-D penny worth?
Most circulated 1942-D pennies are worth about 3 to 10 cents, but high-grade or error varieties can bring $50 to $300+.
2. What is an RPM on a penny?
An RPM (Repunched Mintmark) occurs when the mintmark was struck more than once in slightly different positions. Collectors prize these mistakes for their uniqueness.
3. How can I tell if I have a Mint State 1942-D penny?
Mint State (MS) coins show no signs of wear under magnification. Look for strong details, clean fields, and possibly bright original luster.
4. Can I still find 1942-D pennies in circulation?
It’s rare but not impossible. You’re more likely to find them in old collections, inherited coin jars, or by purchasing wheat cent rolls online.