This unusual-looking Lincoln wheat cent is unlike any other United States one-cent coin. If one side has a different tone than the other it is most likely due to exposure to something or deliberate alteration. Market data provided by Factset. The magnet test verifies rather or not a 1943 cent is made from steel or copper, not rather or not it is authentic. 1943 Lincoln Steel Penny Frame at Coin Souvenirs. The 1943 interpretation of this coin is incredibly valuable to collectors due to its age, scarcity, and the uniqueness of the design. If your 1943 penny does NOT stick to a magnet it may be a copper cent error that is worth $85,000 or more. Beware that there are many fake 1943 copper pennies. ©2021 FOX News Network, LLC. 1943-PDS (3 Coin Set) 1c PCGS MS67 - Popular Steel Cents from WW2 - Lincoln Cent. altering the date of a Lincoln cent of another year to make it look like the last digit is a “3” -1948 is a common choice. $137.75. 1943 pennies are indeed steel. 1955 Lincoln Cent Doubled Die Obverse -002 FS# 102 Not the big one Quotes displayed in real-time or delayed by at least 15 minutes. 1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. 1943 Lincoln (Wheat) Penny The Lincoln penny is an iconic piece of US coinage that has been around for a very long time. Altered 1948 Lincoln Cent . 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. The striking point between both the obverse and the reverse dies was also minimized, in order to obtain a better strike and sharper surfaces. Nearly all pennies from 1943 are supposed to be steel cents. BU 1943 Lincoln Steel Cent DDO + Struck Through Obverse Mint Error Penny. Depending on how heavily circulated the coin is, you could get between 10¢ and $1. Source. In recent years a “1943 S” (San Francisco Mint) copper coin has gone for about $60,000 dollars at auction. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. It is safe say they may just be among the most popular Lincoln cent rarities known today. $79.99. Would you please try and repost these images here? casting a coin from scratch -very crude and easy to tell, coins are struck not cast. Regular 1943 steel cents, on the other hand, can be had for between 10 cents and $1 each in circulated grades, and for about $3 to $5 in uncirculated grades. 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. Lincoln Penny value listed. 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. 0 bids. Are you concerned the precious metals train has left the station without you? However, some bronze planchets left over from 1942 slipped into the production process. These were minted in Philadelphia, Denver and San Francisco thus, the mark P, D, and S below the "1943… I have a 43 s copper looking penny on one side, steel on the other. As you can see in this article, 1943 steel Wheat Pennies are not worth much more than face value. This applies within and even beyond the numismatic realm. Free shipping. The 1943 silver-colored penny is a WW2 wartime coin issue made of steel and coated with zinc. 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. Professional Coin Grading Service, a division of Collectors Universe Inc., said the penny has been certified genuine. 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? Legal Statement. The most recent sale of a 1943 copper penny was of the finest-known example of a 1943-S copper cent graded PCGS MS63 Brown CAC at a Heritage Auctions sale on … $0.59. All 1943 Lincoln cents were supposed to be made of steel planchets coated with zinc. If your 1943 copper colored penny doesn't stick to a magnet, then use a magnifying glass to look at the date. creating a die from a genuine 1943 steel cent and striking a copper flan with it. Powered and implemented by FactSet Digital Solutions. The steel penny was only made for circulation in 1943, and is a favorite among penny enthusiasts. A previously unrecorded 1943-S Lincoln cent, erroneously struck on a bronze planchet and found in circulation by a teenaged collector more than half a century ago, was recently certified as AU 53 by Numismatic Guaranty Corporation. These “steel cents” or “steel Pennies” as they are commonly called, were quite unpopular when they first were released. In 1943 the penny was made out of zinc-plated steel to save copper for the war effort which is why most 1943 pennies are silver colored. 1943-D Lincoln Wheat Penny "Zinc Coated Steel" SUPERB MS GEM C-111. I remember the prices from the P (Philadelphia) mint ranging from around $10,000 many years ago to $73,000 in recent times. Value: $164,500. copper plating a 1943 steel cent. Market data provided by Factset. 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 images aren't coming through unfortunately. Click here to Learn How to use Coin Price Charts. 1992 Close AM Reverse. "The Simpson collection now contains the finest known bronze cent from each mint, Philadelphia, San Francisco and Denver, including the unique 1943-D bronze cent that PCGS certified after Legend acquired and sold to him for a record $1.7 million in 2010," PCGS President Don Willis said. Please see this forum post for more information: https://coinvalues.com/forum/1944-wheat-penny#reply-6. 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. I just wanted to know, How can you tell if you have a steel penny, or a bronze penny? Click here to Learn How to use Coin Price Charts. Try this now, 6 things to know when buying your second home, Here's how much savings you should have at 40. All rights reserved. These are numismatically worthless since they are altered coins. 1943 Penny. Value chart lists all dates in the wheat penny series. Also, click here to Learn About Grading Coins. Copper was completely eliminated from the denomination’s composition, in favor of a one-year-only type featuring a zinc-plated steel composition. IMG_0058.PNG & IMG_0067.JPG will my coins still b worth anything if it looks like this 1943D wheat copper or bronze penny, Hello, Orlando -- Make Offer. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. During this time, the United States Mint was striking pennies from zinc-coated steel planchets. Pennies in 1943 were supposed to be made of zinc-coated steel and those grey-colored cents are quite common. Powered and implemented by FactSet Digital Solutions. Today, however, many coin collectors and non-collectors alike regard 1943 Pennies as something of a novelty. How can I find more info on this coin? Needing to conserve copper for use in wartime munitions, the United States Mint developed a penny made of 99% steel, with a zinc coating. You can use the upload file icon below the text entry box, or post in our forum. 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. 1943 Lincoln Penny No Mintmark Under Date: Philadelphia Mint Struck the Coin Philadelphia's high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. 1943 dies were replaced much quicker than prior dated Lincoln cent dies, primarily, because of the hardness of the steel cent planchets. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Thank you! Free shipping. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. Simpson purchased the rarity from Legend Numismatics of Lincroft, N.J., which had obtained it through "determined negotiations" with an East Coast dealer representing a seller described as a “long-time collector," Legend President Laura Sperber said in a release. Just a few pennies were erroneously made of bronze, the metal composition from the previous year, according to Professional Coin Grading Service. Sold: January … Only about 15 of the 1943 Lincoln copper cents are known to exist, and the bulk of these were struck at the Philadelphia mint. Buy & Sell This Coin. A rare 1943 Lincoln penny mistakenly struck in bronze instead of zinc-coated steel has reportedly sold for $1 million. This page also shows coins listed for sale so you can buy and sell. No proof Lincoln cents were made in 1943, nor would any proof coins be struck again by the United States Mint until 1950. During World War II, the war effort required a lot of copper to make shell casings and munitions. $3.25 shipping. there is only a shipping charge on the first item you buy. - BU 1943 Lincoln Steel Cent DDO + Struck Through Obverse Mint Error Penny. 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). However: A small number of copper planchets were left over from 1942 and were used in 1943 during the transition to steel planchets. In 1943, the United States was in the midst of World War II. 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!! During World War II, the war effort required a lot of copper to make shell casings and munitions. This material may not be published, broadcast, rewritten, or redistributed. Images visualize each important step. A subsequent piece sold for $10,000 at an ANA convention in 1981. 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. 1943 Lincoln Wheat Cent Steel War Penny Struck Off Center Mint Error #RP35. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. The highest amount paid for a 1943 copper cent was $82,500 in 1996. Best wishes, 1943 Lincoln Cent Struck on Bronze Alloy. The 1943 copper cent was produced at all three mints. These 1943 copper cents, generally classified as "errors," have been extremely popular with the general public for many decades now. ©2021 FOX News Network, LLC. 2 bids. Ending Jan 11 at 8:12PM PST 5d 22h. Last month, the retired Lemon Heights entrepreneur sold a 1943 copper penny at an auction in Beverly Hills for $50,000. 2020 (P) American Silver Eagles: A New Modern Rarity. Thank you, Christie, first you would need to see if the penny sticks to a magnet. A variety of the U.S. one-cent coin with the same design of the copper Lincoln cent, the 1943 zinc-coated steel penny is a wartime issue which was struck in steel due to shortages of copper during World War II. Ending Jan 11 at 4:30PM PST 5d 19h. Legal Statement. A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. Josh @ CoinValues. the rest of the items you buy you pay nothing extra for shipping (domestic only). 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. There are few vintage coins as widely collected as the 1943 steel penny. A few coins, however, were erroneously made of bronze, the metal composition from the previous year. There are many counterfeits of this coin. This material may not be published, broadcast, rewritten, Mutual Fund and ETF data provided by Refinitiv Lipper. These coins are on a rarity scale of Abundant. The 1943 bronze Lincoln cent first came to light in the mid-1940s and quickly took the numismatic world by storm. Mutual Fund and ETF data provided by Refinitiv Lipper. 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. or redistributed. In 1943 the penny was made out of zinc plated steel to save copper for the war effort which is … Make Offer. The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had … +$4.20 shipping. $15.50. Quotes displayed in real-time or delayed by at least 15 minutes. Orlando, if you have attachments it's better to post in our forum: https://coinvalues.com/forum. Record gator caught in Southwest Arkansas, Can’t pay your mortgage during coronavirus? Nevertheless, they are a cost-effective alternative to buying uncirculated 1943 Pennies and are popular in the non-numismatic market. Here’s a rundown of the various types of 1943 wheat pennies and their values:. You've successfully subscribed to this newsletter! The mint then reverted to 95% copper until 1982, when inflation made copper too expensive and the composition was changed to … (PCGS.com). One of the rarest and most intriguing US coins is the 1943-D Bronze/Copper Lincoln Wheat Cent. 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. If your 1943 penny DOES stick to a magnet, it is made from steel and is worth 10 to 50 cents. 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 … A step by step approach is use to evaluate and identify variety, judge grade and determine how much wheat pennies are worth. Grade: PCGS MS-63 Red. If so, depending on whether it is a 1943 or 1944, you can continue verifying its authenticity. $1.25 shipping. or Best Offer. 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 … Josh. All 1943 dated cents were struck with fairly new dies. A rare 1943 Lincoln penny mistakenly struck in bronze instead of zinc-coated steel has reportedly sold for $1 million. All rights reserved. Also, click here to Learn About Grading Coins. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. I have 1943 steel wheat pennies among many others,have no access to internet much,am wondering if theyre worth more than face value? It had been acquired from the collector’s heirs by Rare Coin Wholesalers of Dana Point, California. 1943-D MS65 Lincoln Cent Wheat Penny PCGS Mint State 65 ** Steel Penny! The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. All 1943 pennies are worth more than their face value, but how much more is the question a lot of folks want to know the answer to. These error coins are extremely rare and highly sought after by error coin collectors. This comment section is dedicated more to general commenting. "On the reverse of the 1992 Close AM, the right foot of the 'A' and left foot … 1943 D Lincoln Wheat Cent Steel Cent: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. UPI.com reports that Bob Simpson, co … 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. The unique composition of the coin has led to various nicknames, such as wartime cent, steel war penny, and steelie. This was to help save copper for World War II ammunition shells. $590.00. Dies were replaced much quicker than prior dated Lincoln cent and repost these images here authentic... As something of a one-year-only type featuring a zinc-plated steel composition makes coin. Cost-Effective alternative to buying uncirculated 1943 pennies and their values: composition of various! 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