1943 Steel Penny Values – 5 Most valuable variants #1 – 1943 Steel Wheat penny DDR (Double Die Reverse) – $2,150. More popularly referred to as “steelie”, the steel cent coin was created as a replacement for the copper pennies in 1943. Although they are uncommon, they are hardly rare. Eventually, the Mint settled on steel coated with .00025 inches of zinc (to prevent the steel from rusting) and without tin for the new material to make pennies. While 1943 steel Pennies are about as common as any other 1940s Lincoln cent, there is one variety from 1943 that stands out for its rarity: the 1943 bronze Lincoln Wheat Penny. This coin is believed to be the only one of its kind, and despite being in damaged condition it sold earlier this year at auction for over $5,000. One of the most unusual pennies produced by the United States Mint are the "1943 Silver Pennies." If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through. My mame is Christian tollinchi i hava a Penny it is an 1943 cent it was old i put it on a liquid to make it cleaner and know it don’t have nothing on it theres a way yo know is real or not. FREE Shipping by Amazon. I was just wondering if this might be a misprint or something. Skip to the beginning of the images gallery . I have some 1943 steel pennies with the mercury dime struck on the obverse and reverse sides not full prints but a lot and they are visible. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. 1943 steel penny | Coins & Paper Money, Coins: US, Small Cents | eBay! What is the 1980 D series copper Dime worth? I also have a 1943 steel cent that appears to my eye that it has the copper color on pieces of the front and back of it. I have one that sticks to a magnet. As the zinc coating wore off the steel core the exposed steel underneath began to rust. In 1944 the mint switched back to using copper to produce the pennies. After completely cleaning the coin, I picked up another and began to pollish that one as well. The manufacturing process resulted in bare steel exposed on the edge of the coin. Ammunition required so much copper, the US Mint had to find an alternative source for the penny – thus the 1943 steel pennies. 1943 Copper Penny - Is Yours Genuine or Fake? In very fine condition the value is around $0.65. 350 sold. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. Abbreviation guide. Skip to the end of the images gallery. They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated. If your 1943 penny sticks to a magnet then it is made of steel. THE OFFICIAL 2021 MEGA RED BOOK DELUXE EDITION, LIGHTHOUSE INTERCEPT SHIELD DOUBLE ROW SLAB BOX, PROFESSIONAL LARGE TABLE TOP SCALE (4000 X .1 G), LIGHTHOUSE HIGH PERFORMANCE DIGITAL MICROSCOPE, BCW TOPLOAD HOLDERS -- LARGE CURRENCY -- PACK OF 25, Collector's Assistant - World , Ancient, US and Paper, HEAVY DUTY DOUBLE ROW SLAB/CROWN BOX (10 INCH), PLEASURE AND PROFIT: 100 LESSONS FOR BUILDING AND SELLING A COLLECTION OF RARE COINS, LIGHTHOUSE COIN CLEANING FLUID FOR ALL COINS. Both of these errors are extremely rare, but if you think you might have a 1943 copper penny or a 1944 steel penny, here's how to find out if your 1943 copper penny is genuine. Thinkstock Images/Comstock/Getty Images . 2021 © DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. But soon after the release of steelies into circulation, the coins tarnished and develop spots quickly, making them appear unattractive. Soy una persona que estoy muy interesado por la historia der centavo ya que guardo centavo de trigo casi toda la colección,muchos de Indiana cabeza pero me preguntó para el 1962 poseo un centavo color nikel pesa 3.7gm deseó saber que inf me podrían brindar acerca de el centavos 1962 y su compocision gracias. Values are in US Dollars. Mint workers first rolled a sheet of steel to the proper thickness. Driven largely by the ramp-up in industrial and military production for the war, the U.S. economy heated up and unemployment dropped to less than 2%. SKU. 95. The manufacturing process for producing the planchets was also flawed. In MS60 they are worth $7; $15 in MS63; and $28 in MS65. Du à la pénurie de cuivre en 1943, année très critique de la guerre, cette pièce a été frappée sur des flans d'acier plaqué zinc. In uncirculated condition the price is around $6 for coins with an MS 60 grade. In fact, it may be one of the most valuable pennies ever! I have a 1943 steel penny wheat penny don’t know what to do with it if it’s worth anything or not. If … But they both look exactly the same they both look like a regular copper penny . Based on Sheldon Grading System. The first column lists the date and mint mark followed by the buy price, and the sell value for an average circulated Lincoln Wheat penny. 4.4 out of 5 stars 9. Parcourez notre sélection de 1943 steel penny : vous y trouverez les meilleures pièces uniques ou personnalisées de nos pièces et argent boutiques. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. In addition, steelies were lighter at 2.7 grams than the prior copper cents at 3.11 grams. Production of 1943 steel pennies began in February of that year, and by the end of the year over a billion of these coins had been made, including 684,628,670 at the Philadelphia Mint; 217,660,000 at the Denver Mint; and 191,550,000 at the San Francisco Mint. or Best Offer . It … The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. Also, … I’ve got a 1943 wheat penny , it looks totally different from what I’ve seen on here , is there any way of telling me what I have via the internet. Some coin-operated vending machines did not accept the steel coins, and some people confused them for dimes because of their similar color. 1943 Steel Penny- Roll of 50; 1943 Steel Penny- Roll of 50. But I stopped when it too began to reveal copper beneath the surface. While polishing the first coin I noticed it had started to change color. I don’t just want to send to just anyone who could tell me that it’s not real and it indeed be real and I just get scammed and lose out on a once in a life time coin that I have searched my pocket change well any change that I have found on the ground or we’ll anywhere. The new steel pennies, which came to be called “steelies”, were authorized by a 1942 law, Public Law 815, signed into law on December 18, 1945. Numismatic researcher Roger Burdette has said it could have gotten mixed in with zinc-coated steel planchets or created some other way. The US mints then came up with a different … To help the war effort by eliminating copper from U.S. pennies, the United States Mint came up with a new metallic composition for the one cent piece. Thanks for everyone’s time and help with this matter. During World War II, the Allied Forces needed … Most numismatists believe that a few copper planchets from 1942 got caught in a crevice in the tote. The 1943 S steel penny is worth around $0.40 in fine condition. 3pc Lot 1943 Steel Penny Complete Set Wartime Lincoln Wheat Cent Coin Group - AU to BU Condition - United States Mint - Item:CC21004 ExoticCrystals. When exposed to moisture the penny would start to rust. As the totes moved from machine to machine, sometimes a blank from the last batch would get stuck in a crevice. USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.21 in Average Condition and can be Worth $2.67 to $8.69 or more in Uncirculated (MS+) Mint Condition. The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since 1909. 1943 Steel Penny Roll P-D-S (50) Fifty Steel Cent Lincoln Cent. Uncirculated coins with a grade of MS 63 can sell for around $20. Reply. A very small handful of copper-based pennies were minted during 1943 as a result of an error at the mint. A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents. By far the rarest Lincoln cents are the 20 to 30 struck mistakenly on copper planchets in 1943, including the unique 1943-D that sold in 2010 for $1.7 million and the others being 1943 (P) and 1943-D coins. The steel penny may seem like a random anomaly to some. $0.80 shipping. My question is how and who do I need to send it to for it to be authenticated and graded. Hi my name is amanda i have some 1943 wheat pennies like these. 1943 Lincoln Steel Penny MS-65 PCGS. 174Y. Email . American Coin Treasures 1943 Lincoln Steel Penny Collection Wartime Emergency Issue in Small Frame. If the 1943 D steel wheat penny is in good condition and contains a double die error, meaning it contains a double stamp of the year, it is worth up to $1300. These small cartridge cases had been recovered from firing ranges and other training areas. In December 1943 Treasury Secretary D.W. Bell announced that as of January 1, 1944, the steel composition cents would no longer be made, and the coins would return to their prior composition. In 1943, the United States needed to focus on artillery for World War II. TENSOR LIGHT - used by many numismatists to examine and grade coins. $3.99 shipping. If someone could please help me I would greatly appreciate all help or tips on where and what to do next to get this coin . The most noticeable variety in this year of steel cents is the 1943-D with the prominent doubled mint-mark. The 1943 penny is unusual among United States one-cent coins. Hello my name is Bobby Steele and I’m a new collector of different coins but I have came across a 1943 penny that seems to be a copper 1943. I have alot of different old coins how do I find out if there worth anything ? About a year ago I was going through some old Lincoln cents that had belonged to my late father. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. These are approximate retail prices and wholesale values. The moisture caused the zinc coating to turn to an ugly blackish color. I have alot of the 1943 steel pennies . Help us keep our website 'free to use' for everyone. If it does not stick to a magnet then it is made of something else. May 31, 2012 - Numismatic Oddities: The ONE and ONLY coin in the history of U.S. Currency capable of being lifted with a magnet was the 1943 steel penny, sometimes called "the Steelie". Cash was plentiful at the time, which led to inflation and lost purchasing power. How would i go about finding out if they are the ones that are worth something or not. The following table lists the buy price (what you can expect to pay to a dealer to purchase the coin) and sell value (what you can expect a dealer to pay you if you sell the coin). This site uses Akismet to reduce spam. They decided on using steel for the base metal and plating it with pure zinc. A regular 1943 steel penny is worth only a few cents. I have a lot of weed back pennies dated from 19 16 through 1943 I do not know where to take them to see if they worth anything, I have 1943 penny it looked like it have silver under it I really don’t known. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. I have 21 steel pennies. The record price for a 1943 copper (aka bronze) cent is $329,000 in 2015 for an AU55BN coin. Share It. Share . 1942-D coins have similar values as the 1943 (P), but the 1943-S (the lowest mintage of the trio) is worth a bit more. What is another way besides the magnet test for me to test the coins to find out what metal they are made of? Only 2 left in stock - order soon. We rely on income from our advertisers. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. In an effort to save copper for war production, the 1943 mint run used a steel penny with a zinc covering. US Mint 1943 penny You can read a detailed description on Wikipedia. Thus, the penny’s composition of 95% copper, 4% zinc, and 1% tin had to be changed. The 1943-D penny had 217 thousand minted, while 1944 and 1945, back to the traditional copper design, each had well over a billion minted. If anyone could help I will send pics of both coins to who ever might need to see them to try and figure out my next move with them both. That is based on the unique coin of that grade from the Bob Simpson collection that sold in 2013. The 1943 S Steel Penny Explained. 1943 US Steel Penny Mintmark S – Obverse. 30 Day Returns. According to the U.S. Mint, about 40 of these coins are still in existence and have sold for as much as $82,500 at auction. 1943 Steel Penny and Copper Pennies: History, Values and a Rare Variety 1943 Penny. The Spruce Crafts uses cookies to provide you with a great user experience. I also have 1913, 1943, 1947 nickels among others in sisties and seventies. Due to a lack of copper during World War II, the U.S. government issued steel pennies with a zinc coating to replace the traditional penny. Let us find out why modern penny collectors like the steel penny of 1943. I brought the polished coin to a jeweler who examined it under a high powered microscope. 5 out of 5 stars (7,760) $ 24.95 FREE shipping Only 1 available and it's in 1 person's cart. In extremely fine condition the value is around $0.75. Why was the penny made from steel? The next two columns list the buy price and the sell value for an average uncirculated. It is magnetic. Les meilleures offres pour 1943 S Lincoln Wheat - US Steel Penny sont sur eBay Comparez les prix et les spécificités des produits neufs et d'occasion Pleins d'articles en livraison gratuite! It was estimated that making cents of this material could save 100,000 pounds of tin per year, and the stock of 40,000 pounds of tin the Mint had on hand at the time was sent to the defense industries. Be the first to review this product . I’ve never checked to see if any of them wouldn’t stick to a magnet. These are worth less than a dollar, but nice Mint State coins are also available. By using The Spruce Crafts, you accept our, A Flawed Manufacturing Process by the U.S. Mint, The 1943-S Copper Penny Found by Kenneth Wing, Lincoln Wheat Penny Key Dates, Rarities and Varieties, Lincoln Memorial Penny (1959 to Today) Values and Prices. Has anyone seen this on the 1943 penny? PCGS has graded seven of what it estimates to be 10-15 of the Philadelphia coins and four of what it estimates to be five of the San Francisco issue. By: Michael Black Updated April 12, 2017.
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