Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. The 1943 steel cent was produced during the height of World War II. They have a better value than the 1943 steel pennies without mint marks. It have a error on the wheat print on the back of the coin to the right side. That same 1944 steel cent did sell in the Stacks-Bowers Rarities Night event of August 15, 2013, in Rosemont, for $158,625, an auction record for a 1944 Philadelphia Mint steel cent. Supposedly a 1911 and a 1927 also exist. Beware of fake counterfeits as this is one of the most counterfeited of all US coins. The coins market price is around 475 USD. Does it say 1 cent and CANADA on it? Would like to know what is it worth. Are 1944 steal pennies worth much in excellent condition ? Web1943 Error Steel Penny - Etsy Check out our 1943 error steel penny selection for the very best in unique or custom, handmade pieces from our coins & money shops. In May 2014, Legend auctioned a PCGS graded AU-55, and CAC approved, 1943 copper for $329,000. I have two and I would like to sale them. Essential goods were rationed to American citizens using coupon books issued by the government. I have two 1944 and 1944 D. And a 1943 Steel Lincoln penny, want to know the value of them. Looking for help on what type of penny it is. Thank you, I have a 1943 S steel penny, it attaches to a magnet, it is grey, & bronze in color, very good shape, the mint mark S appears a little thicker. 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. I would like to know the value of it. The coin can have a few wear signs on the surface. I have a 1944 steel d with a copper coating. This type of data sharing may be considered a sale of information under California privacy laws. 1943 Steel (Silver) Penny: Background and Value - The Spruce Very nice but very thin. They were specified to be zinc-coated steel. What are the odds of finding a 1943 copper penny? From 1837 to 1964, dimes, quarters and half dollars were all specified to be 90% silver. The steel penny may seem like a random anomaly to some. Though the war was still on, the US collected the metals from their military training areas. 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. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. In 1943 the United States was preparing for war in Europe and the Pacific. In 2011, it sold for around 21,000 USD with an MS 67 grade. Dont stick to magnet could be worth up to $100,000! 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. Being that there are no more 1944 Lincolns being produced, USA Coin Book Estimated Value of 1942-D Lincoln Wheat Penny is Worth, What'S The Difference Between Proactive And Proactiv Plus? Paul is the date visable? Good clues that its a 1-cent Canadian coin, minted in 1967 to honor the centennial of Confederation. I have a 1943 steel penny. Hi. A coin, pattern or mint error that is 95% copper can logically and should be called copper.. What would be the approximate value? 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. If you have it with the highest mint state, the coin can earn you around 5.63 USD. The 8 New Answer, Most steel pennies are worth between 20 cents and 20 dollars. Philadelphia: 684,628,670 What Will A Sociologist Always Do After Picking A General Research Idea Or Question? Didnt you Read Story? 7.65, 9.56 Therefore, before you invest any money in purchasing rare coins, make sure they are authenticated by a professional or deal with a trusted coin dealer. Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. 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. Here are the 1943 steel penny error coins with their values. How much is a 1943-D bronze wheat penny worth? Expect them to have a grade ranging from MS 60 to MS 68. $800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES, What Is The Error On The 1943 D Steel Penny? Bidding is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking. Of all 1943 coppers and 1944 steels that survive, this 1944-S is the only gem. So, if you have such a 1943 steel penny, please treasure it. It will be greater if you own a 1943 steel penny with errors. Then they are sold via general-readership newspaper and magazine advertisements. Learn how your comment data is processed. Curving on the top, the coin has the lettering E PLURIBUS UNUM.. The following two columns list the buy price and the sell value for an averageuncirculated. 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 ? Also, you can feel the scratches with your fingers. However there have been very rare exceptions so a link to a source for the $300K sale would be helpful. Click here to Learn How to use Coin Price Charts. Here youll learn everything about the 1943 steel penny value. There are many types of wrong denomination errors that are also off-metal errors. It makes them look new every time you view them in light. Would you happen to know where this penny would have been minted at. The highest amount paid for a 1943 copper cent was $82,500 in 1996. These error coins were not intentional. Lets start with the price table of different 1943 steel penny types. In their fine class, it will earn you 0.50 USD; in their excellent state, the coin sells for 0.68 USD. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). Is this worth anything more than face value? The lettering ONE CENT has the largest font size and is close to the center. Its because the double If it reads 1943 then it is a 1943 steel penny. Others are fraud attempts, where someone has taken a genuine 1948 copper penny and cut the 8 in half, making it look like a 3. Mint mark: None. Generally, there is a consensus that wrong-denomination strikings are clearly not coins. Mint workers first rolled a sheet of steel to the proper thickness. When exposed to moisture, the penny would begin to rust. Any 1944 steel with problems is worth much more than any regular issue Lincoln cent with analogous problems. An additional Simpson 1943 copper is in this sale. Circulated condition = .015 each. The PCGS graded MS-64 1944 steel to be offered January 2016, though, does match images on PCGS CoinFacts, serial #18523968. The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. Perhaps six to eight 1943-S copper cents survive. The most cost-effective replacement metal for the Lincoln penny was determined to be a 99% steel planchet with a thin layer of zinc plating. The US Congress chose the Lincoln cent and Jefferson nickel as the temporary choices. The 1943 and 1943-S coppers are rarities that really circulated in modern times. I have three 1943 steel penny that seem to be rpm with 1944. are these of any value and how rare. I have a 1943 steel penny. I have Lincoln penny 1944 D copper, 1943 steel penny and Indian head penny 1905 steel. Its not in good shape but its pretty clear what it is. The PCGS graded MS-63, Simpson 1944 has a CAC sticker. 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. It is a 1943 Lincoln struck over a one centavo coin of Cuba. The Denver mint also made a punching mistake on the 1943 steel coins. The words UNITED STATES OF AMERICA are on the tails bottom half along the smooth rim. They think of regular 1944 coppers and 1944 steel cents as two different issues of coins. Its because the double strike is well present on the lettering and year mark. sticks to magnet, weighs 3.1 grams has a tiny bit of rust on both sides. If I had to guess probably 70 or 80 wheat pennys of the 1943 to 1944 time frame (I would have to look at the other 2/3. from Bing. Every collector should have excellent coin-grading skills. Sometimes, using a magnifying glass, youll see that the first D mark is faint. WebThe first step in determining if your penny is rare is to look at the date on the coin. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. Although they are uncommon, they are hardly rare. The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. I just picked an ungraded complete set in beautiful condition. I am aware of just one instance of anther Lincoln cent errors from the 1940s selling for more than $25,000 at auction, and that piece is particularly distinctive and is likely to be unique. Undoubtedly, people spent them and merchants accepted them as coins, not as curiosities. This global conflict saw the United States militarys involvement from 1941 through 1945. Learn how your comment data is processed. $4.30. I dont have a website, but im a 13 year old. In opposition to my theory, it could be emphasized that the Geyer Collection Walker on steel cent planchet struck brought $44,062.50 in November 2013. The first 4 is clearly different than the second. Top 10 Valuable 1943 Pennies - Errors & Values Complete Guide Treasure Town 118K subscribers Join Subscribe 232K views 3 years ago Wondering what your After they went through various hands of trade, the coins rusted. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Patti Gonzales. I have several 1943 steel pennies Ill see if any of the stick to a magnet if so what would the value of these steel pennies rate at these day in the value. They were not made for prominent collectors. The 20 Top Answers, USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.33 in Average Condition and can be Worth, At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at. 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. What is it worth ? They were among the two coins to be made from steel by the three US mints. You have just come across an article on the topic What is the error on the 1943 D steel penny?. (b) cutting or planing one side off a dime and 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. You should have the coin authenticated and certified by either PCGS or NGC. Therefore, the Lincoln cent and the Jefferson nickel became prime targets for temporary but necessary metallic alterations. In that war period, the US had scarce metal resources. How Rare Is a 1943 Lincoln Steel Penny? The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. For example, would any expert maintain that a half dollar struck on a cent planchet is a coin? If you look for magicians coins you should be able to find lots of these at reasonable prices. Click here to Learn How to use Coin Price Charts. These materials, including copper and nickel, were used for producing ammunition and artillery. Any idea what that means or the value? ?help please. The steel cents were often confused with the dime, causing some folks to lose nine cents (or more) in a cash transaction. 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. It appears as a single-line text. No Mintmark Under Date: Philadelphia Mint Struck the Coin. Most people believe that all pennies produced by the United States Mint are made of copper. 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. One of the most unusual pennies produced by the United States Mint was the "1943 Silver Pennies." The 1943 steel cents are quite common, and more than one billion were struck for circulation. Set where you live, what language you speak, and the currency you use. Metal was not the only commodity that was critical to the war effort. 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