When I was a kid, my dad started me collecting coins and stamps. I wish I had stuck with that as there is a wheat penny you could potentially find in Missouri that could be worth thousands - maybe even up to 200,000 bucks.

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Go Banking Rates shared an interesting article about several wheat pennies that have skyrocketed in value. What is a wheat penny you ask? Merriam-Webster defines it as a coin that was minted in the United States between 1909 and 1958. There's a Lincoln head on one side and wheat stalks on the other.

What wheat pennies are rare?

SD Bullion lists a number of wheat pennies you need to look out for if you collect in Missouri:

1944 Steel wheat penny - Valued between $77,000 and $100,000 depending on condition. Only 30 are known to exist where steel remained in machines from previous years before copper was reinstated after the war.

1943 Copper wheat penny - Steel was used in pennies due to copper being needed for the war effort, but a few got minted with copper and they're worth between $60,000 and $80,000 if graded in mint condition.

What about the wheat penny worth $200,000?

One wheat penny sold for over $200,000 and it was the 1943 Lincoln Cent (Wheat Reverse) AU58.

What's the most valuable wheat penny in existence?

SD Bullion says it's the 1943-D Bronze Wheat Penny MS64BN which sold for $800,000 in 2021. Wow.

Coin Collecting has even more wheat pennies to look out for that are valued at up to $2,000,000 if you happen upon the right one.

Yes, my dad was right again. I should have stuck with coin collecting. (*sigh*)

LOOK: Here are 25 ways you could start saving money today

These money-saving tips—from finding discounts to simple changes to your daily habits—can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]

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