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If "white" means that it is silver in color, there are at least 3 possibilities:

# The coin was dipped in acid to remove its copper plating, exposing the zinc core. In this case it's considered damaged and is worth only face value. # Someone plated the coin with yet another layer of metal. Again, worth 1¢. # The coin failed to go through the plating process at the Mint, so it never had a copper plating to begin with. You have to hope for this one because it could retail for up to $100 or so.

Unfortunately there's no way to tell without seeing the coin. You'll need to have it appraised by someone who is experienced in error coins.

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Q: How much is a white 1986 Lincoln Penny minted in Denver worth?
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