In 1943, a few bronze pennies were also minted. Also, counterfeiters in foreign countries have created very deceptive-looking counterfeits. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. 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.   Italy   |   English (US)   |   (EUR), remembering account, browser, and regional preferences, remembering privacy and security settings, personalized search, content, and recommendations, helping sellers understand their audience, showing relevant, targeted ads on and off Etsy, remember your login, general, and regional preferences, personalize content, search, recommendations, and offers. Not sure what mint or what it is. The wheat leaf is printed then it is another print over it. Click here to Learn How to use Coin Price Charts. I had discussed it in an auction preview. 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. At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1.5 million. The premium service call is an option available for a phone call, zoom call, or otherwise tricky or extremely detailed questions. Prevailing values for these would not otherwise be viable in the context of current market realities. What makes a 1944 D wheat penny valuable? The coining press struck the copper planchets with the 1943 date. Its always helpful to look at the date and wording on a coin! The answer depends on the composition of the 1943 penny. The coins market price is around 475 USD. How much a steel penny is worth is very dependent on the condition of the coin. Sometimes, using a magnifying glass, youll see that the first D mark is faint. It has the lowest value, which is close to its face value. When they became dislodged, they were mixed with the regular zinc plated steel planchets and processed through the coining presses. That $212,750 result was the auction record for a Lincoln cent until the already mentioned 1944-S Steel Cent sold for $373,750 during a Platinum Night event on July 31, 2008. Here are the other top queries that most collectors and coin traders tend to ask. 163 sold. Youll get more features on the reverse than on the obverse. A planchet is a prepared blank, a round piece of metal that has been crafted to be transformed into a coin while in a coining press where obverse and reverse dies forcefully impart design elements. Youll see the error on the D mark. WebThis video is all about the 1943-S Steel Pennies or the Bronze version worth $504,000! Unfortunately, there are plenty of fake 1943copper centsfloating around. If a dime was accidentally struck in copper or nickel, then it is a mistake, not a true dime. However, there are still millions of collectible 1943 pennies out there. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Before you waste your money sending your coin to a third-party grading service only to have it come back as an altered or counterfeit coin, here's a few things you should do: When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. I want to leave my children something when I leave this life and for some reason I feel these coins hold a big part in the history of WW 2when i look at some of these coins I see holes in a few sometimes I wonder if they belonged to a soldier that was is WW 2 and made coin jewelry for other soldiers to bring home as a souvenirs and or he was making ammo for them. It is curious that 1943 copper and 1944 steel cents are extremely valuable. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. Ms65 or higher is my guess but not graded, Alan take it to a coin dealer it might be a rare coin. Face value: $.05. The artisans from the Philadelphia mint made this error after a regular strike. Find out more in our Cookies & Similar Technologies Policy. Thanks. ?help please. Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! Youd get it at grade G-4. Images related to the topic$800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES. The following two columns list the buy price and the sell value for an averageuncirculated. $4.30. What Will A Sociologist Always Do After Picking A General Research Idea Or Question? Specimens in circulated conditions arent worth more than 15 to 30 cents. In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. It pushed the US government to invest more in its armor. 838.09, 985.99 How much is a 1943 steel penny worth in 2021? Free shipping. About this item. She is a member of the American Numismatic Association (ANA) and holds several certifications. If relevant buyers thought a steel Walker was a coin, it would be worth more than a million dollars. Then they are sold via general-readership newspaper and magazine advertisements. It was unstable and steel cents were unsuitable for use in most machines that accepted coins. 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 ? I have a 1943 steel penny no mint mark and has the letters VOB on the face side and its in excellent condition. 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. Even if they are old, youll need a magnifying glass to see any possible marks on them. Original Price 985.99 I am not suggesting that collectors should or should not regard these as major rarities or as true coins. I have a 1938 Lincoln wheat Penney that will stick to any magnet And Ive taken to a coin dealer that put it thew his xray machine and tested it for metals and its made of steel and zink. Excepting that unique 1943-D copper cent, a bidder in the upcoming FUN auction could compete to assemble a set of five of the six major World War II penny errors: 1943 copper, 1943-S copper, 1944 steel, 1944-D steel and 1944-S steel. Can anyone help me out. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies. Learn more. If it is silver-colored, it is likely to be made of zinc A MS-63 grade 1943 copper or 1944 steel is worth much more than any regular MS-63 grade Lincoln Wheat cent. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. During World War II, the war effort required a lot of copper to make shell casings and munitions. There are many types of wrong denomination errors that are also off-metal errors. Im curious about the statement At all three U.S. Mints then in operation, almost five hundred million steel cents were minted in 1943 But PCGS lists the following 1943 mintages: They were specified to be zinc-coated steel. In their fine class, it will earn you 0.50 USD; in their excellent state, the coin sells for 0.68 USD. In average condition, it might go for 25 to a dollar depending on how worn it is. An error made with a correct denomination planchet is closer to being a regular issue coin than an error made with a wrong denomination planchet. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). They were among the two coins to be made from steel by the three US mints. Such coins have a high rarity and market price. 1943 D steel penny sells for around 2.68 in their best class. I have a 1943 wheat penny and can be picked up with a magnet. I have a 1943 steel penny that weighs 3.04 grams. If it reads 1943 then it is a 1943 steel penny. The Coin: 1943 Lincoln cent error, struck on silver dime planchet, EF-40 The Price: $11,750 The Story: Heritages FUN auctions had multiple 1943 Lincoln cent errors. Anyone know where the 1915 Lincoln cent struck on a quarter eagle planchet is today ? Like very much. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Normal copper wouldnt do this. I would like to know there vaule. Mint mark: D. Face value: $20. However there have been very rare exceptions so a link to a source for the $300K sale would be helpful. It has no weight to it? There are perhaps as many as 200 million normal pennies currently in circulation, so your odds of finding one of the 30 or so potentially floating around out there are, Considered to be the most valuable of the non-error Wheat Pennies, the. Because much copper was required for military purposes, it was decided that the one cent coins (pennies) of 1943 would not contain any copper. Etsys 100% renewable electricity commitment includes the electricity used by the data centers that host Etsy.com, the Sell on Etsy app, and the Etsy app, as well as the electricity that powers Etsys global offices and employees working remotely from home in the US. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. A MS-63 grade 1943 copper or 1944 steel is worth much more than any regular MS-63 grade Lincoln Wheat cent. Getting a 1943 steel penny with errors makes it sell for more money. To "revive" some of the original beauty, some unscrupulous coin dealer's started to re-plate the steel pennies with a fresh zinc coating. As for the remaining ones, collectors kept them in a proper state. Expect them to have a grade ranging from MS 60 to MS 68. The 1943 copper penny is extremely rare and valuable. The learning process takes some years of deep study of coins. 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. It is now PCGS graded MS-62 and remains in Simpsons collection. If you have it with the highest mint state, the coin can earn you around 5.63 USD. Unfortunately, a regular 1943 steel penny is worth only a few cents. Supposedly a 1911 and a 1927 also exist. They also have a diameter of 19.05 millimeters. We answer all your questions at the website Ecurrencythailand.com in category: +15 Marketing Blog Post Ideas And Topics For You. The 1943 steel cents are quite common, and more than one billion were struck for circulation. (c) fitting the dime into the hollow on the cents back. It means, out of many, one. please read the article. Cory1222 New Member. So, this history makes collectors yearn to add the coins to their list. So, the US government allowed the mints to strike the coins with this design to honor Abraham Lincolns 100 birthday. Every collector should have excellent coin-grading skills. Mild dish soap and water This is slightly more harsh than the olive oil method. Electrolytic bath You can purchase small, fairly inexpensive jewelry cleaners that use electrolysis to remove corrosion and tarnish. WD-40 Using a water displacement cleaning and lubricating product can work to clean and polish steel pennies. More items Otherwise, non-error steel cents are not in themselves rare. The 5 Detailed Answer, The easiest way to clean a steel penny is to, The 1943 copper cent was produced at all three mints. Trust The Answer, What Will A Narcissist Say To Get You Back? Theres tons of information available if you search for 1943 D cent. This steel Walker is one of two known and is graded as MS-64. Seems fake. Take it to a proment Certified Coin dealer.. Have one no mint mark and magentwill pick up, I have a 1943 penny near the exact color of the dime and it is missing letter >I. In November 2013, the Geyer Collection, PCGS graded VF-35 1943-S realized $141,000. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. This applies within and even beyond the numismatic realm. The values vary with their current status and the mints that struck them. In that 3rd there are roughly 27 = 1944 wheat pennys, 2 = 1944D wheat pennys , 1 = 1943D steel, and 1 = 1943 steel. Is My Penny Solid Copper or a Copper-Plated Zinc Cent? After all, the just mentioned Geyer 1943 Lincoln is one of more than ten 1943 Philadelphia Mint coppers. Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. 1943 Steel (Silver) Penny: Background and Value - The Spruce These coins traditionally consisted mostly of copper and nickel. That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. Most steel pennies are worth between 20 cents and 20 dollars. Also, they have 99% steel and 1% of zinc coating. I have a copper wheat penny on one side and a liberty silver dime on the other says its a 1944. (Words in blue may be clicked to access past articles relating to items mentions or related subjects.) I consider doing it but not sure of the cost. Typical examples in uncirculated condition usually realize $1 to $5. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Some people got it confused with a dime that is almost the same size. A substantial percentage of surviving 1944 steel cents in total, from all three mints, have significant problems, including some of those that have received numerical grades. However, many in the public were less than thrilled with the alternative composition. When the Goldbergs auctioned the Simpson coin in 2000, years before Simpson owned it, this 1943-S copper was NGC graded as MS-61. On the head, the 1943 steel penny has Abraham Lincolns head as he faces on the right. Professional Coin Grading Service (PCGS) - www.pcgs.com. Click here to Learn How to use Coin Price Charts. In the January 2016 FUN auction, there is a PCGS graded AU-55 1943-S copper cent. It is because the steel became naked after the zinc coating came off. Valuable pennies to look for in circulation! Is your 1943 penny rare? It may be one of the most valuable pennies ever! 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