How One Rare 1942 Lincoln Penny Reached $902,000 at Auction | Full Breakdown In this video, we take a deep and factual look at the 1942 United States One Cent coin, also known as the Lincoln Wheat Penny. While millions were produced during World War II, a very specific and authenticated example from this year achieved an astonishing $902,000 at auction under verified circumstances. This video explains: • The historical significance of the 1942 penny • The wartime composition background • Mint ma