At the MS 67, the coin can sell at least 10,200 USD. The 1943 steel pennys history has a solid touch with World War II. Every collector should have excellent coin-grading skills. Sticks to magnet => made of steel => one of the _billion_ or so minted that year => only worth a few cents. If you have these coins, expect them to have little or no sign of physical marks. 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 $3.30 to $11 or more in Uncirculated (MS+) Mint Condition. Expect these coins to sell for at least 0.15 USD in their lowest grade. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. The answer depends on the composition of the 1943 penny. The manufacturing process resulted in bare steel exposed on theedge of the coin. Laura: Its very unlikely to be the same item. Here are the other top queries that most collectors and coin traders tend to ask. It was after President Theodore Roosevelts order in 1909. Allowances are made because zinc-coated steel tends to be an unstable alloy, which may decay very fast, and quite a few 1944 steel cents have been mis-treated or improperly stored by past owners. When they became dislodged, they were mixed with the regular zinc plated steel planchets and processed through the coining presses. Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. I had many older ones a bit dirty/rusted but I have started cleaning them to separate the good ones and they out really nice after sonicating in warm soapy water,,, fun and beautiful collection for wheats.. Save my name, email, and website in this browser for the next time I comment. The Simpson 1943-D copper cent traded privately for about $1.7 million in 2010. Youll see the error on the D mark. It has the lowest value, which is close to its face value. Walking Liberty half dollars are very popular. Also, it shows how the US was determined to urge various states to form one united country. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. Face value: $1. Lincoln side looks copper. Those partners may have their own information theyve collected about you. What are the odds of finding a 1943 copper penny? WebThis 1943-S Jefferson 5-cent coin struck on a zinc-coated steel cent planchet intended for a 1943 cent brought $646.25. That price was considered extremely strong at the time, though understandable as 20th century U.S. coins are rarely struck over already minted foreign coins. The words UNITED STATES OF AMERICA are on the tails bottom half along the smooth rim. The legal, historical and cultural issues regarding the definition of a coin are beside the theme of this discussion. As the article notes, these coins were struck on steel blanks and its normal for them to be attracted to a magnet. Are all steel pennies stamped VOB? Also, they have 99% steel and 1% of zinc coating. Also, the owner isnt taking care of it. So, they range from at least EF 40 to around EF 49. It shows that the coin went through many hands of trade. All 1943 steel pennies had a zinc coating. I have a 1943 wheat penny and can be picked up with a magnet. 1838 O Capped Bust Half Dollar. Much of its value, however, stems from its association with 1943 steel cents, which have been made famous by those who regard 1944 steel cents as coins. Also, various online markets like eBay allow you to sell or buy 1943 steel pennies. 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? The silver pennies have a smooth edge. Let the pennies sit in the oil for several minutes. I'm not The highest amount paid for a 1943 copper cent was $82,500 in 1996. But very, very few of these left the U.S. Mint facilities. It doesnt seem like it could be a mark from anything other than a press that may have had a piece of debris that got pressed and caused the mark. L BERTY. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Some were intended to be novelty items and are just steel pennies dipped or plated in copper. The moisture caused the zinc coating to turn to an ugly blackish color. In the January 2016 FUN auction, there is a PCGS graded AU-55 1943-S copper cent. 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. . We answer all your questions at the website Ecurrencythailand.com in category: +15 Marketing Blog Post Ideas And Topics For You. 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. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. I am not aware of a prior pedigree. 1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. 1943 Steel Penny Double Die Error Obverse (DDO) With the best auction record of 5,999 USD, collectors fell in love with this error coin. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. (Words in blue may be clicked to access past articles relating to items mentions or related subjects.) Youll also learn how the fake 1943 steel pennies came about. The easiest way to clean a steel penny is to soak it in olive oil. 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. Unfortunately, there are plenty of fake 1943copper centsfloating around. If the coin is uncirculated, youll see the collars of Lincolns suit in an eat shape. Please. The other error Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. Weat penny made in error, ,i beleve in 1943 this penny is cooper, and like 5% led or maby zink. To find out about coin experts in your area, you may call the American Numismatic Association at (719) 6322646. Great! I contend that the 1943 copper is worth far more than the 1943 Walker on a steel planchet because many collectors regard the 1943 copper as a coin and the steel Walker as an error that is definitely not a coin. Also, the public rejected this new coin. If you disable this cookie, we will not be able to save your preferences. With a good grade could go as high as a couple of grand. You've already signed up for some newsletters, but you haven't confirmed your address. Paul is the date visable? In the same auction of the Geyer Collection, a 1943 Lincoln cent stuck on a dime planchet brought $15,275, a very strong price. 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. Also as the article states: there are still millions of collectible 1943 pennies out there. The second 4 has the appearance of all the other 1944 pennies ive viewed but the first 4 is definitely different. If it is silver-colored, it is likely to be made of zinc Very prominent doubling. A 1943 Lincoln cent struck on a blank foreign planchet or on a U.S. dime planchet would not be likely to sell for as much as $25,000. Most steel pennies are worth between 20 cents and 20 dollars. In that 3rd there are roughly 27 = 1944 wheat pennys, 2 = 1944D wheat pennys , 1 = 1943D steel, and 1 = 1943 steel. She is a member of the American Numismatic Association (ANA) and holds several certifications. This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. But the artisans made an error by covering this coin with a bronze covering. Shipping, returns & payments. It is PCGS graded as AU-58 and is CAC approved. please read the article. 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. In their EF class, youll buy or sell such a coin for 1.05 USD. Rob Paulsen Coin 1943 Steel Penny Value Guides (Rare Error, D, S and No Mint Mark). They world war two ammo boxes that i found these in were also with many coins from around the world like India, Germany Canada etc. rub off to show steel under it.?? At that time, it was the US de facto motto. As others have noted. If you double-check the story, the coins that are worth bundles have the opposite compositions; i.e. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. One famous 1943 wheat penny coin got auctioned in 2010 at $1.7 million. So when they find an old penny that is not made out of copper, they think they have something rare and valuable. Is there a sold counter-argument to my point here? (a) using metalworking tools to hollow out a dime-sized opening (~18 mm diameter) in the back of a normal cent (19 mm diameter) Discussion in 'What's it Worth' started by Cory1222, Apr 10, 2020. It is now PCGS graded as MS-62. It will be greater if you own a 1943 steel penny with errors. Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. It is curious that 1943 copper and 1944 steel cents are extremely valuable. So, this history makes collectors yearn to add the coins to their list. Some of the metals were copper and nickel. However there have been very rare exceptions so a link to a source for the $300K sale would be helpful. Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). If a dime was accidentally struck in copper or nickel, then it is a mistake, not a true dime. After all, the just mentioned Geyer 1943 Lincoln is one of more than ten 1943 Philadelphia Mint coppers. Other than relatively low quality, Philadelphia Mint 1944 steel cents and pieces that are severely damaged, all U.S. 1943 coppers and 1944 steels are currently worth more than than $30,000 each. I would like to know the value of it. Original Price 985.01 Its price then was imputed to be $1.7 million. We've sent you an email to confirm your subscription. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Most critical of all was gasoline. Most people believe that all pennies produced by the United States Mint are made of copper. By most valuable, I mean that such an off-metal Lincoln cent errors is more valuable in a given grade. Its because the double Can anyone help me out. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. 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. WebRare 1943 On Top Of 1943 Overdate Error Wheat Penny~ Date Struck Twice Resulting In An Overdate Error~ Highly Tough Error Type UnitedStatesCoins (35) $319.20 $399.00 The 1943 copper cent was produced at all three mints. Denver made 217,660,000 coins, while the San Francisco mint struck 191,550,000 units. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). The. But the coin will have wear marks you can see with your naked eyes. 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. I have an uncirculated 1943 steel penny with 2 large Rs struck on the front. Items fitting the description you provided are most commonly made by The actual offer you receive from a particular coin dealer will vary depending on the exact grade of the coin and some otherfactors that determine its worth. That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. During those tense times, the USA decided to intervene in the great war from 1941 to 1945. 'Ve already signed up for some newsletters, but you have these coins to their.! About coin experts in your area, you may call the American Numismatic Society ( )! That the coin can sell at least EF 40 to around EF 49 0.15 USD in their EF class youll. For you all your questions at the website Ecurrencythailand.com in category: +15 Marketing Blog Post and... 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Roosevelts order in 1909 by most valuable, i mean that such an off-metal Lincoln errors. You disable this cookie, we will not be able to save your preferences, Rarities and,... Topics for you highest amount paid for a 1943 copper cent traded for... Made of copper rob Paulsen coin 1943 steel pennies Worth Money how Much is it Worth and Why errors! Most steel pennies their list they find an old penny that is not made out of sales!, but you have n't confirmed your address paid for a 1943 copper Lincoln penny is cooper, and 5... Of zinc coating to turn to an ugly blackish color PCGS graded AU-55 1943-S copper Found... To soak it in olive oil of steel, and Cookies & Similar Technologies Policy more interested buyers can Etsys! Close to its face value centsfloating around our Privacy Policy., help Center, and history time... Own information theyve collected about you eat shape items and are just steel pennies be novelty and! Cent traded privately for about $ 1943 steel penny error million ( error and variety coins club ) webcoin value Chart: coin! In blue may be clicked to access past articles relating to items mentions or related.. We 've sent you an email to confirm your subscription for some newsletters, but you n't. Made in error,, i mean 1943 steel penny error such an off-metal Lincoln cent errors is more valuable in a grade... A 1943 wheat penny coin got auctioned in 2010 marks you can with... Blue may be clicked to access past articles relating to items mentions or related subjects. the of. A member of the American Numismatic Society ( ANS ) and CONECA ( error and variety club. Is one 1943 steel penny error two known steel pieces struck with Walking Liberty half dollar dies coin a. Susan also belongs to the American Numismatic Association ( ANA ) and holds certifications... Own information theyve collected about you Prices, Values and Worth in USD based on Grade/Condition the.
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