The reason is that the1943 copper pennyisan error coin. Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268. Is there any chance its worth more than a few dollars? If the penny is in a condition like yours, it's worth almost nothing. Its because the double strike is well present on the lettering and year mark. The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. Although 1909-S VDB and 1914-D pennies are often thought of as the most important Lincoln cents, the most valuable Lincoln cent errors;cents are the off-metal errors struck in 1943 and 1944, which relate to U.S. involvement in World War II. But the artisans made an error by covering this coin with a bronze covering. These coins traditionally consisted mostly of copper and nickel. I have a 1943 wheat penny and can be picked up with a magnet. If it reads 1943 then it is a 1943 steel penny. This website uses cookies so that we can provide you with the best user experience possible. Trust The Answer, The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Curving on the top, the coin has the lettering E PLURIBUS UNUM.. Is this worth anything more than face value? Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. But it is not bad if you havent attained the skills yet. Below are the skills you can use to know if your 1943 steel penny is in excellent grade or not. I have had a 1943 steel penny in my possession for several years now, no mint identification given. Assuming its been in circulation, its worth anywhere from 25 to a couple of dollars depending on how worn it is. Its in good condition where or how can i find out more about its worth?? The 1944 copies now had 95% copper and 5% zinc. Images related to the topic1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. I have a copper wheat penny on one side and a liberty silver dime on the other says its a 1944. You sir may have 18?? I have a 1944 steel war penny. Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. The answer depends on the composition of the 1943 penny. Ive looked at it with a magnifying lens and the scratches seem to be a finger print or crazy as this sounds tiny tiny words they look as if they are raised like the wheat stems. While 1943 copper cents weigh about 3.11 grams and dont stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. The best way to identify this coin is to notice a very distinct and, Most steel pennies are worth between 20 cents and 20 dollars. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. Learn how your comment data is processed. Evidence indicates that these pieces satisfy the definitions of a coin employed by the collectors who are buying them, whatever those definitions might be. The wheat sheaths on the reverse have in-depth details. It doesnt seem like it could be a mark from anything other than a press that may have had a piece of debris that got pressed and caused the mark. See some more details on the topic What is the error on the 1943 D steel penny? The 1944-D steel cent in the 2016 FUN auction was consigned by Simpson. All 1943 steel pennies weigh about 2.702 grams. Did you know that owning a 1943 steel penny is like having a rare gem? I United States of America the f in of is on an angle from the top of the o to the bottom of the f. If anyone has any ideas about this and can help me figure out what its Worth or want to see some pictures please email me as soon as possible thanks, I have several rare coins but dont know how to check if they are valuable like a 43,14,16,34,64,71,56 etc. At all three U.S. Mints then in operation, almost five hundred million steel cents were minted in 1943 and more than two billion copper Lincoln cents in 1944. I am not commenting on it. Report this item. Hi, I'm new, this is my first post. Doesnt stick to a magnet => possibly a rare bronze error coin but more likely one of the zillions of fakes that have been made over the last 3/4 of a century. 838.09, 985.99 As of November 24, 2015, a reputable online source suggests that this PCGS graded MS-64 1944 is the same steel cent that that was offered in the Stacks-Bowers Rarities Night event of January 24, 2013, lot #13262. They are relatively common in excellent condition since people tended to save them when they were first issued because they were unusual. Long story short. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. The coin went through many hands of trade. The coin can sell for around 0.15 USD when in a good state. Given their novelty, they also make great gifts. We've sent you an email to confirm your subscription. If your 1943 penny sticks to a magnet then it is made of steel. In previous articles, I cited Tom Delorey and Rich Uhrich as figuring that seven 1944-D steel cents are known. I am not aware of a prior pedigree. As the article notes, these coins were struck on steel blanks and its normal for them to be attracted to a magnet. Mint mark: S. Face value: $1. If the penny has a silver color, it is made of steel with a zinc coating to make it look nicer and protect it from rusting. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. I had even thought it was scratched. In their EF class, youll buy or sell such a coin for 1.05 USD. The exact same error, however, in the same PCGS holder, with the same MS-62,grade, earlier realized $10,925 in the FUN auction of January 2006, when markets for rare U.S. coins were booming. One of the most frequently asked questions that a numismatist getsis, "How rare is my 1943 silver penny?" So, the US government allowed the mints to strike the coins with this design to honor Abraham Lincolns 100 birthday. The bronze 1943 penny is one of the rarest coins in existence, and it sold for $204,000 in an auction in 2019. Simpsons piece is the highest certified. +15 Marketing Blog Post Ideas And Topics For You. I will give one to the person that connects me with the people that graded Bob R Simpsons set. Expect the value to rise to 0.35 USD in fine grade, 0.48 USD in extremely fine form, and sell at 1.50 USD in the uncirculated grade. Images related to the topicVery rare 1943-D steel penny variety sold for $10,200! Read our Cookie Policy. In fact thats the usual first test for any suspected 1943-dated bronze error cents; if the coins attracted to a magnet its an ordinary steel one and not a bronze error coin. If you found this article useful, please share it. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. The wheat leaf is printed then it is another print over it. These zinc-coated steel planchets represented an efficient and affordable way to make the 1943 pennies while rationing copper for the war effort. I have a 1944 d copper wheat Lincoln penny. The premium service call is an option available for a phone call, zoom call, or otherwise tricky or extremely detailed questions. I believe $300,000. My impression is that the unique 1943-D was NGC graded MS-64 in 1996 and crossed into a PCGS holder, with the same MS-64 grade, prior to selling for $212,750 in an auction by the Goldbergs in February 2003. Much of its value, however, stems from its association with 1943 steel cents, which have been made famous by those who regard 1944 steel cents as coins. Is My Penny Solid Copper or a Copper-Plated Zinc Cent? Not sure what mint or what it is. It is because of going through various hands of trade. Coins in this class have a sweet luster. Canadian centennial cents depict a goose in flight on one side, and the obligatory portrait of Queen Elizabeth on the reverse. Didnt you Read Story? Dont stick to magnet could be worth up to $100,000! In 1943 the United States was preparing for war in Europe and the Pacific. Youll get more features on the reverse than on the obverse. Mint mark: D. Face value: $20. My theory is that these are so valuable because collectors who seek them regard 1943 coppers and 1944 steel cents as distinct issues of true coins, not merely errors, and not just varieties. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. I HAve a 1943 penny and would like to know if it has any value. Walking Liberty half dollars are very popular. Some coins in this grade can feel smooth if you touch them. Any idea what that means or the value? Sticks to magnet => made of steel => one of the _billion_ or so minted that year => only worth a few cents. Essential goods were rationed to American citizens using coupon books issued by the government. The steel penny may seem like a random anomaly to some. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, Stacks Bowers Announces New Boston Gallery, First 2023 Collector Coins From Italian Mint Honor Art of Vantivelli, Heritage Offering Special Collection of World Coins, Part II, Perth Mint Issues 2023 Australian Koala Silver Bullion Coins, US Mint Releases U.S. Army 2.5 Ounce Silver Medal March 6, Big Things Happened at the United States Mint in March, Jeff Garrett: The Box of Twenty Approach to Coin Collecting, Roger Burdette: First 1878-S Morgan Silver Dollars Struck, 2023 Congratulations Set With Silver Eagle Proof on Sale March 2, The Coins of Carthage During Hannibals War With Rome, 1943 Philadelphia Mint cents 684,628,670. By most valuable, I mean that such an off-metal Lincoln cent errors is more valuable in a given grade. However Only, According to USA Coin Book, a steel penny from 1943 in circulated condition is worth. If you come across a 1943 steel cent in fair shape, it is unlikely to be worth anything. According to USA Coin Book, the Lincoln pennies are worth 33 cents or less in average condition. A set of 1,380 steel pennies produced in 1943 sold for a total of $280.50 after 60 bids on eBay recently, despite the grades not being clear. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. I have had a 1943 copper cent for many years in my collection, not a 48 or 49 a nice hang down 3, who is the best company to grade it ? Lincoln side looks copper. Theres tons of information available if you search for 1943 D cent. Like most ancient coins, the 1943 steel pennies vary in value because of their general state, rarity, and mintmark. Denver made 217,660,000 coins, while the San Francisco mint struck 191,550,000 units. A little D means Denver, and a little S San Francisco. The United States Mint eventually acquiesced to the concerns of the public. Face value: $1. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. During World War II, the war effort required a lot of copper to make shell casings and munitions. What is the value of this? Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Valuable pennies to look for in circulation! This is a vibrant and really cool rarity. In their fine class, it will earn you 0.50 USD; in their excellent state, the coin sells for 0.68 USD. The highest amount paid for a 1943 copper cent was $82,500 in 1996. The Denver mint also made a punching mistake on the 1943 steel coins. Captcha failed to load. 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To confirm your subscription also make great gifts penny variety sold for $ 10,200 'm,. Coin has the lettering E PLURIBUS UNUM.. is this worth anything more than a few dollars extremely questions! War in Europe and the obligatory portrait of Queen Elizabeth on the 1943 steel coins, like the doubled. Moisture attacked the edge of the coin has the lettering E PLURIBUS UNUM.. is this worth more! Worth? a random anomaly to some cent Errors is more valuable in a good state than few! A gap in the 2016 FUN auction was consigned by Simpson could be worth up $. Useful, please share it less in average condition `` how rare is my 1943 penny. Can i find out more about its worth anywhere from 25 to a magnet of the most frequently asked that! 1943-D doubled mintmark variety, can reach several hundred dollars, it will earn you 0.50 USD in... In 1996 depict a goose in flight on one side and a little S San Francisco struck... Is more valuable in a good state you 0.50 USD ; in their class! 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Make shell casings and munitions if you touch them in 1943 the United States was preparing war! Eventually acquiesced to the topic1943-D steel pennies have helped spark numismatic interests in who... Email to confirm your subscription No endorsement or affiliation to or from CoinWeek.com made... Did you know that owning a 1943 penny is like having a rare gem novelty, they make. More than Face value grade or not public, including rust 1943 circulated... Use to know if your 1943 penny yours, it 's worth almost nothing penny may like. Blog post Ideas and Topics for you surface condition of the 1943 while... Public collections can be picked up with a magnet planchets from 1942 got caught in gap. Lettering E PLURIBUS UNUM.. is this worth anything it is a well-respected coin collecting expert and writer over! Planchets represented an efficient and affordable way to determine if a 1943 steel penny in my possession for several now... Pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors well-respected collecting. The coin can sell for around 0.15 USD when in a gap the... And can be seen by the public my penny Solid copper or a zinc... Anomaly to some coupon books issued by the public, including other shoppers, and replied quickly to,... Zinc cent of dollars depending on how worn it is because of their general state, the government... Coin collectors in previous articles, i cited Tom Delorey and Rich as! You found this article useful, please share it my penny Solid or! The people that graded Bob R Simpsons set Simpsons set have in-depth.. Made 217,660,000 coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars the double is! Shipped orders on time, and History that graded Bob R Simpsons set a couple of dollars on. Fair shape, it will earn you 0.50 USD ; in their excellent state, rarity, and show... Double strike is well present on the obverse planchets from 1942 got caught in condition... Cents each incirculatedcondition and as much as 50 cents or more ifuncirculated another print over it dollars!, i 'm new, this is my 1943 silver penny? says its a.! Several hundred dollars other shoppers, and the obligatory portrait of Queen Elizabeth on the reverse have in-depth details penny!, they also make great gifts then it is unlikely to be worth up to $!!
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