Nearly all pennies from 1943 are supposed to be steel cents. You can use the upload file icon below the text entry box, or post in our forum. The magnet test verifies rather or not a 1943 cent is made from steel or copper, not rather or not it is authentic. Legal Statement. "On the reverse of the 1992 Close AM, the right foot of the 'A' and left foot … If so, depending on whether it is a 1943 or 1944, you can continue verifying its authenticity. These are numismatically worthless since they are altered coins. This minting error has resulted in a coin that is worth around $100,000 and is currently the most expensive Penny in the realm of coin collecting. Legal Statement. Depending on how heavily circulated the coin is, you could get between 10¢ and $1. 1943 pennies are indeed steel. or Best Offer. Best wishes, Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. $0.59. I remember the prices from the P (Philadelphia) mint ranging from around $10,000 many years ago to $73,000 in recent times. 1943 Copper Penny By far the rarest Lincoln cents are the 20 to 30 struck mistakenly on copper planchets in 1943, including the unique 1943-D that … What needs to be remembered, though, is that 1943 steel Pennies are not rare – in fact, they are quite common, with more than 1 billion produced across all three mints operating in 1943: Philadelphia, Denver (D), and San Francisco (S). These were minted in Philadelphia, Denver and San Francisco thus, the mark P, D, and S below the "1943… This unusual-looking Lincoln wheat cent is unlike any other United States one-cent coin. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. casting a coin from scratch -very crude and easy to tell, coins are struck not cast. During World War II, the war effort required a lot of copper to make shell casings and munitions. Market data provided by Factset. Quotes displayed in real-time or delayed by at least 15 minutes. 1943 Lincoln Wheat Cent Steel War Penny Struck Off Center Mint Error #RP35. During this time, the United States Mint was striking pennies from zinc-coated steel planchets. copper plating a 1943 steel cent. This material may not be published, broadcast, rewritten, However, some bronze planchets left over from 1942 slipped into the production process. Ending Jan 11 at 8:12PM PST 5d 22h. If your 1943 penny DOES stick to a magnet, it is made from steel and is worth 10 to 50 cents. BU 1943 Lincoln Steel Cent DDO + Struck Through Obverse Mint Error Penny. Also, click here to Learn About Grading Coins. Heritage Auctions currently lists Lutes's authentic 1943 Lincoln cent at a whopping $130,000, which jumps to $156,000 with the added Buyer's Premium. The striking point between both the obverse and the reverse dies was also minimized, in order to obtain a better strike and sharper surfaces. Only about 15 of the 1943 Lincoln copper cents are known to exist, and the bulk of these were struck at the Philadelphia mint. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. A rare 1943 Lincoln penny mistakenly struck in bronze instead of zinc-coated steel has reportedly sold for $1 million. How can I find more info on this coin? 1943 dies were replaced much quicker than prior dated Lincoln cent dies, primarily, because of the hardness of the steel cent planchets. One of the rarest and most intriguing US coins is the 1943-D Bronze/Copper Lincoln Wheat Cent. Powered and implemented by FactSet Digital Solutions. Last month, the retired Lemon Heights entrepreneur sold a 1943 copper penny at an auction in Beverly Hills for $50,000. This comment section is dedicated more to general commenting. There are few vintage coins as widely collected as the 1943 steel penny. Beware that there are many fake 1943 copper pennies. The 1943 Lincoln penny is made up of copper and has been described as the "most famous" coin made in error, according to Heritage Auctions, which … Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Quotes displayed in real-time or delayed by at least 15 minutes. USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $134,367 in Average Condition and can be Worth $380,301 or more in Uncirculated (MS+) Mint Condition. It is safe say they may just be among the most popular Lincoln cent rarities known today. 1943 Lincoln Cent Struck on Bronze Alloy. Altered 1948 Lincoln Cent . I have 1943 double die copper pennies and 1943 copper penine that is in good shape no magnet sticks I have got them I want to sell, This comment was minimized by the moderator on the site, https://coinvalues.com/forum/1944-wheat-penny#reply-6. Just as the Jefferson Nickel five-cent coin saw the removal of nickel from its composition in 1942 to preserve the metal for artillery production, so, too, did Lincoln Wheat Penny coins in 1943. Today, however, many coin collectors and non-collectors alike regard 1943 Pennies as something of a novelty. This page also shows coins listed for sale so you can buy and sell. lincoln w.w. ii steel penny 1943 button cover cufflinks any person who buys 4 pairs of cufflinks gets a fifth pair of equal value free of my choice!! 2020 (P) American Silver Eagles: A New Modern Rarity. I have 1943 steel wheat pennies among many others,have no access to internet much,am wondering if theyre worth more than face value? The 1943 bronze Lincoln cent first came to light in the mid-1940s and quickly took the numismatic world by storm. Try this now, 6 things to know when buying your second home, Here's how much savings you should have at 40. It had been acquired from the collector’s heirs by Rare Coin Wholesalers of Dana Point, California. There are also “reprocessed” steel Pennies, which are essentially 1943 steel Pennies that had become corroded (due to the rust-prone nature of their steel core) and later stripped of their original zinc coating, and recoated with a fresh layer of zinc. 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. All rights reserved. the rest of the items you buy you pay nothing extra for shipping (domestic only). Buy & Sell This Coin. Orlando, if you have attachments it's better to post in our forum: https://coinvalues.com/forum. there is only a shipping charge on the first item you buy. If one side has a different tone than the other it is most likely due to exposure to something or deliberate alteration. However: A small number of copper planchets were left over from 1942 and were used in 1943 during the transition to steel planchets. This applies within and even beyond the numismatic realm. Are you concerned the precious metals train has left the station without you? $590.00. 1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. A step by step approach is use to evaluate and identify variety, judge grade and determine how much wheat pennies are worth. Value chart lists all dates in the wheat penny series. These “steel cents” or “steel Pennies” as they are commonly called, were quite unpopular when they first were released. Here’s a rundown of the various types of 1943 wheat pennies and their values:. Powered and implemented by FactSet Digital Solutions. The mint then reverted to 95% copper until 1982, when inflation made copper too expensive and the composition was changed to … Originally struck in 95% copper, the cent coin was changed for one year to zinc-coated steel in 1943 as copper was needed to aid in the war effort. Free shipping. Copper was completely eliminated from the denomination’s composition, in favor of a one-year-only type featuring a zinc-plated steel composition. how do you tell if it is the right 1943 penny stated in one article if the penny sticks to the magnetic it is fake and another place states that if it does not stick it is a fake which of these statements are actually the right one. Lincoln Penny value listed. 1955 Lincoln Cent Doubled Die Obverse -002 FS# 102 Not the big one 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. ©2021 FOX News Network, LLC. Hello, I am trying to figure out where do I share the photo, of my 1944 Penny minted in Philly andif it has any value? UPI.com reports that Bob Simpson, co-chairman of Major League Baseball’s Texas Rangers, paid that princely sum for the finest of only four known surviving Lincoln pennies from the San Francisco Mint. 1943 Penny. Just a few pennies were erroneously made of bronze, the metal composition from the previous year, according to Professional Coin Grading Service. I just wanted to know, How can you tell if you have a steel penny, or a bronze penny? Be among the most popular Lincoln cent dies, primarily, because the... 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