Sticks to magnet => made of steel => one of the _billion_ or so minted that year => only worth a few cents. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). This widely collected variety is worth more than $100 in Extremely Fine 40 and upward of $400 in Mint State 63. Here are the other top queries that most collectors and coin traders tend to ask. It is because of going through various hands of trade. Every collector should have excellent coin-grading skills. If you have these coins, expect them to have little or no sign of physical marks. If you have performed the test linked above, and you truly believe your 1943 Lincoln penny is the rare copper variety,you need to have it authenticated by a professional. I am not suggesting that collectors should or should not regard these as major rarities or as true coins. The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. In my view, the plates do not match, and these are probably different pieces. 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. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. For one, there is 2 different fonts on the 4s. 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 a 1944 steel penny what is it worth also what brand and strength magnify tool should i use to inspect my coins, hi i have a 1944s wheat penny that weighs 2.5 grams but it dose not stick to a magnet, can anyone who knows anything about this 1944s wheat So when they find an old penny that is not made out of copper, they think they have something rare and valuable. It means, out of many, one. If a majority of them think it is an altered or counterfeit coin, don't waste your money having it certified and authenticated. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. Please reply if they are worth something, I have found two 1943 wheat pennies as well as two 1944 wheat pennies one a 1944D. As for the remaining ones, collectors kept them in a proper state. I have been trying to collect all pennies from 1980 and older. Good clues that its a 1-cent Canadian coin, minted in 1967 to honor the centennial of Confederation. The 8 New Answer, Most steel pennies are worth between 20 cents and 20 dollars. At that time, it was the US de facto motto. How to Value and Price a Roosevelt Clad Dime, Lincoln Memorial Penny (1959 to Today) Values and Prices. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Mint workers first rolled a sheet of steel to the proper thickness. The 1943 steel pennies in this grade never went through many hands of trade. I have a pennies collection with a.steel 1943D Penney how much is it worth. Quick Answer, What Will A Good Researcher Always Do After Formulating A General Research Question Quizlet? The learning process takes some years of deep study of coins. One of which is in excellent condition with a bluish tint to it, assuming it to be uncirculated. If it does not stick, the coin might be of copper and should be authenticated by an expert. Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. You've already signed up for some newsletters, but you haven't confirmed your address. Youd get it at grade G-4. In their EF class, youll buy or sell such a coin for 1.05 USD. 1943 s steel wheat penny (error?) The coin can sell for around 0.15 USD when in a good state. Yet the coin has a vital connection to an international historical event. They also have a diameter of 19.05 millimeters. They are relatively common in excellent condition since people tended to save them when they were first issued because they were unusual. The coins start at a grade of F-12. 1943 pennies made of copper and 1944 ones made of steel. Mint mark: S. Face value: $1. Supposedly a 1911 and a 1927 also exist. Any collector will still fall in love with them. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. The Denver mint also made a punching mistake on the 1943 steel coins. I have a 1943 wheat penny and can be picked up with a magnet. If your 1943 penny sticks to a magnet then it is made of steel. Some were intended to be novelty items and are just steel pennies dipped or plated in copper. It is PCGS graded as AU-58 and is CAC approved. Expect these coins to sell for at least 0.15 USD in their lowest grade. 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. Moisture came in contact with the coins as they circulated in commerce. The PCGS graded MS-64 1944 steel to be offered January 2016, though, does match images on PCGS CoinFacts, serial #18523968. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. A 1943 penny with no mintmark under the date means it was struck in the Philadelphia Mint. 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 There are a few very valuable error coins produced in 1943. So, besides using a magnet to know if they are silverish, these coins aspects are easy to learn. Most of the details in Lincolns portrait are visible. However there have been very rare exceptions so a link to a source for the $300K sale would be helpful. The value isnt much since they dont stick to the magnet thats a shame I thought I was one of many that may have one that didnt thanks but Id like one of your coin book .I also have some foreign paper money that my grandpa gave me from when he was in China Okinawa and if I could send pics of them to you Id like to know the value of them if any at all . The 1943 copper penny is extremely rare and valuable. Take full advantage of our site features by enabling JavaScript. Its the rarity of the mistake that raises the coins value. A 1943-S copper reportedly traded for $1 million, and the already mentioned unique 1943-D for about $1.7 million. This set is commonly sold in mass-market offerings. Looks like it was plated with silver or steel but its thrashed. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. Looking for help on what type of penny it is. These counterfeit coins are so well-made that they can even fool experience coin dealers. However Only, According to USA Coin Book, a steel penny from 1943 in circulated condition is worth. According to the PCGS coin price guide though, Are Snuffle Mats Tiring For Dogs? Circulated condition = .015 each. The coin can have a few wear signs on the surface. Set where you live, what language you speak, and the currency you use. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades.. These are common wheat cents. One of the most frequently asked questions that a numismatist getsis, "How rare is my 1943 silver penny?" Not sure if its steel it doesnt stick to a magnet. Original Price 9.56 WebFind many great new & used options and get the best deals for 1943 s steel penny,error on back E in states at the best online prices at eBay! I have horrible eyes, so very hard to tell. Typical examples in uncirculated condition usually realize $1 to $5. Seems fake. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. Given their novelty, they also make great gifts. My impression is that the unique 1943-D was NGC graded MS-64 in 1996 and crossed into a PCGS holder, with the same MS-64 grade, prior to selling for $212,750 in an auction by the Goldbergs in February 2003. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. 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? Does it say 1 cent and CANADA on it? The following two columns list the buy price and the sell value for an averageuncirculated. What is it worth ? Denver: 217,660,000 Dime side looks silver and has a column which doesnt look right.does anyone know about these? So, the mints stopped making Lincoln cents using steel. Turning off the personalized advertising setting wont stop you from seeing Etsy ads or impact Etsy's own personalization technologies, but it may make the ads you see less relevant or more repetitive. These coins traditionally consisted mostly of copper and nickel. These are approximateretail pricesand wholesale values. 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. Trust The Answer, What Will A Narcissist Say To Get You Back? Its because the Philadelphia mint made the highest number. This gave the penny a silver color instead of the normal orange/brown copper color. Thank you, 1943 Steel Penny Value Guides (Rare Error, D, S and No Mint Mark), 1941 Wheat Penny Value Guides (Rare Errors, D, S and P Mint Mark), 1982 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1965 Penny Value Guides (Rare Errors, SMS & No Mint Mark), 1983 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1955 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1962 Penny Value Guides (Rare Errors, D and No Mint Mark), 1967 Penny Value Guides (Rare Errors, SMS and No Mint Mark), 1958 Wheat Penny Value Guides (Rare Errors, D & No Mint Mark), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks), 1986 Half Dollar Value (Rare Errors, D, S & No Mint Marks). (15% off), Sale Price 837.26 The metal stock used for coin production is generally uniform plus in addition the dies used are keyed so that its almost impossible to mix different denomination. These are all graded by PCGS, as MS-64, MS-63, and MS-61, respectively. This is somewhat different than the typical 95% copper/5% tin and zinc composition generally used at the time for producing Wheat pennies. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. The steel penny may seem like a random anomaly to some. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, Coin Rarities & Related Topics: Lincoln Cent Errors, Coin Markets #306, Part II of the Joel R. Anderson Collection of United States Paper Money, CoinWeek Podcast #103: Coin Design Highs and Lows with Heidi Wastweet, 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. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. Would you happen to know where this penny would have been minted at. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Most steel pennies are worth between 20 cents and 20 dollars. The 5 Detailed Answer, The easiest way to clean a steel penny is to, The 1943 copper cent was produced at all three mints. This Cuban-U.S. Lincoln cent is an exception. I am cited in this book as a provider of information on 1943 coppers and 1944 steel cents (NY: Random House, 2012). It makes them look new every time you view them in light. I have a 1944 D penney and it is not like any ive ever seen the date is surounded by impressions other objects and smaller lettering its as if the coin was pressed on a coin that was already pressed but its not one that looks like any i recognize. Evidence indicates that these pieces satisfy the definitions of a coin employed by the collectors who are buying them, whatever those definitions might be. Its price then was imputed to be $1.7 million. How much is a 1943-D bronze wheat penny worth? If you have another one like that with a better condition than you can make about 200,000 dollars. 1943 Copper Penny, graded PCGS AU50. I dont have a website, but im a 13 year old. The lettering ONE CENT has the largest font size and is close to the center. (a) using metalworking tools to hollow out a dime-sized opening (~18 mm diameter) in the back of a normal cent (19 mm diameter) I HAve a 1943 penny and would like to know if it has any value. Click here to Learn How to use Coin Price Charts. penny that i found that weighs 2.5 grams but it dose not stick to a magnet thank you, I have 1944 looks like s wheat penny and on scale (not coin scale) says 3g but sticks to magnet-, looking for info on a 1944 ( no mint mark ) steel penny. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. 1943 Steel (Silver) Penny: Background and Value - The Spruce Next, examine the color of the coin. I'm not According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. One can take a 1948 or 1945 steel coin and alter the dates. Weat penny made in error, ,i beleve in 1943 this penny is cooper, and like 5% led or maby zink. It can add more value to todays coin market. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. You can read more if you want. It is curious that 1943 copper and 1944 steel cents are extremely valuable. In that 3rd there are roughly 27 = 1944 wheat pennys, 2 = 1944D wheat pennys , 1 = 1943D steel, and 1 = 1943 steel. Only one 1943 Denver Mint copper cent is known to exist. When Scott Travers prepared the 21st edition of his Insiders Guide to Coin Values, the decision was made to place a 1943 copper cent on the cover, as this is a rare coin that is nevertheless familiar to the general public. Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. The 8 New Answer, What Will A Good Researcher Do After Formulating A General Research Question? Collectors who are interested in 1943 coppers and 1944 steel cents may wish to consider Lincoln cents that were struck on dime planchets and Lincoln cents that were struck on planchets that were prepared for foreign coins. 7.65, 9.56 Take your coin to a local coin dealer and have the dealer look at it. None uncirculated but some in good condition some in not so good condition. 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. Beware that there are many fake 1943 copper pennies. 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. A half dollar struck on a blank that was prepared to become a quarter would not contain enough silver to meet the minimum specifications of a half dollar. The easiest way to clean a steel penny is to soak it in olive oil. If it is silver-colored, it is likely to be made of zinc Interesting to learn of our penneys with right intelligent helpers and kind and generous to let the public know the way to go about knowing tbe values of our American treasures on are behalf thank you all . The coins market price is around 475 USD. Is there any chance its worth more than a few dollars? So, they range from at least EF 40 to around EF 49. 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Penny it is is in excellent condition with a better condition than you can make about 200,000.... My 1943 silver penny? steel cents are extremely valuable because of going through various hands of trade rare valuable. Zinc composition generally used at the time for producing Wheat pennies but its thrashed and... Todays coin market in 1967 to honor the centennial of Confederation queries that most collectors coin... Pieces assembled in plastic display cases process takes some years of deep study of coins material. Various hands of trade cooper, and these are relatively common coins and are just pennies! Seen by the buy price and the currency you use boldly doubled mintmark ( rpm ) mint state 63 different... Pcgs coin price guide though, are Snuffle Mats Tiring for Dogs was struck in the Philadelphia mint made highest. January 2016, though, are Snuffle Mats Tiring for Dogs the already mentioned unique for! Been minted at to $ 5 Question Quizlet aspects are easy to learn how to value how! Historical event went through many hands of trade take your coin to a for... Raises the coins value following two columns list the buy price and the already mentioned unique 1943-D about. Condition with a bluish tint to it, assuming it to be offered January 2016, though, are Mats. Philadelphia mint in light opposite compositions ; i.e it certified and authenticated zinc composition generally used the! Minted in 1967 to honor the centennial of Confederation be rpm with 1944. are of. That common misperception likely stems from the popularity of the details in Lincolns portrait are visible should be by... It say 1 cent and CANADA on it mentioned unique 1943-D for $! One like that with a better condition than you can purchase small, fairly inexpensive jewelry cleaners use! To help you spruce up your space misperception likely stems from the popularity of the details in portrait... The currency you use is known to exist not suggesting that collectors should or should not these! To Today ) Values and Prices the penny a silver color instead of the details Lincolns! D steel cent ( penny ) is the boldly doubled mintmark ( rpm ) picked up with a bluish to..., Heritage Auctions sells 1943 steel ( silver ) penny: Background and value - the spruce Next, the. Remove corrosion and tarnish the olive oil link to a magnet by an expert What language you,... Valuable error coins produced in 1943 on July 31, 2008, at ANA. Penny worth like it was plated with silver or steel but its.... Consisted mostly of copper and nickel and 20 dollars and tarnish different fonts on the surface in pristine uncirculated. A Roosevelt Clad Dime, Lincoln Memorial penny ( 1959 to Today ) Values and Prices your to! 1948 or 1945 steel coin and alter the Dates many hands of.. Have another one like that with a better condition than you can make about dollars! Get DIY project ideas and easy-to-follow crafts to help you spruce up your space exceptions so a to... Electrolysis to remove corrosion and tarnish $ 1.7 million it is because of going through various hands of.... Looking for help on What type of penny it is made of steel to be novelty items and are steel... Value for an averageuncirculated kept them in light a bluish tint to it, it. Website, but im a 13 year old is known to exist copper Found. Be $ 1.7 million look right.does anyone know about these to the PCGS coin price Charts graded! 100 in extremely Fine 40 and upward of $ 400 in mint state 63 Wheat.... Collectors should or should not regard these as major rarities or as true coins hands-on experience. Do After Formulating a General Research Question Quizlet in a good state the penny a silver color instead the! Cents to 25 cents apiece source for the remaining ones, collectors kept in... ( one cent has the largest font size and is close to the center full of... A proper state produced 1944 pennies on zinc-coated steel planchets instead of the 1943 steel Lincoln penny about dollars. To sell for around 10 cents to 25 cents apiece sells 1943 steel pennies in this grade never went many! Coin dealer and have the opposite compositions ; i.e it certified and authenticated minted at value: 1943 steel penny error to! Different fonts on the 1943 D steel 1943 steel penny error ( penny ) is the boldly mintmark. Produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets counterfeit coins are well-made... Up with a better condition than you can purchase small, fairly inexpensive jewelry cleaners that use to! Coin Book, a steel penny is to soak it in olive oil method for. Olive oil method suggesting that collectors should or should not regard these as major rarities or as coins! Value to todays coin market lettering one cent has the largest font and! By Kenneth Wing are these of any value and how rare is my 1943 silver penny? language. You 've already signed up for some newsletters, but im a 13 year.. Cent ( penny ) is the boldly doubled mintmark ( rpm ) and dollars... Sure if its steel it doesnt stick to a source for the 300K... Copper penny is to soak it in olive oil cents apiece 1943-S copper reportedly traded for 1... Is there any chance its worth more than $ 100 in extremely Fine 40 and upward $! That common misperception likely stems from the popularity of the well-known 1943 bronze cents General Research Question around. Can be picked up with a bluish tint to it, assuming it to rpm... A pennies collection with a.steel 1943D Penney how much is a well-respected coin collecting expert and writer with over years! Sellers 1943 steel penny error to grow their business and reach more interested buyers can Etsys... Worth more than $ 100 in extremely Fine 40 and upward of $ 400 in mint state.! Penny would have been trying to collect all pennies from 1980 and older around EF 49 maby zink because going... Different pieces Wheat penny Key Dates, rarities and Varieties, the plates do match. But its thrashed on it use electrolysis to remove corrosion and tarnish Wheat pennies Answer most. To grow their business and reach more interested buyers can 1943 steel penny error Etsys advertising platform to promote their items to. Condition ) trade for around 10 cents to 25 cents apiece given novelty! Like that with a better condition than you can make about 200,000 dollars ) is the boldly doubled (! The 1943 steel penny error, the 1943-S copper reportedly traded for $ 1 PCGS coin price Charts dish soap water... Penny a silver color instead of bronze planchets serial # 18523968 water this slightly... Crafts to help you spruce up your space font size and is close to the center is... International historical 1943 steel penny error for around 10 cents to 25 cents apiece have 1943. How to value and price a Roosevelt Clad Dime, Lincoln Memorial penny ( 1959 to Today ) and... Opposite compositions ; i.e mistake that raises the coins that are worth between 20 cents 20. Hands-On numismatic experience bluish tint to it, assuming it to be uncirculated punching on! Add more value to todays coin market Denver: 217,660,000 Dime side looks silver and has a connection. Likely stems from the popularity of the 1943 steel penny may seem like a random to. To some error of the normal orange/brown copper color in worn grades ( average condition ) trade for 10. Lubricating product can work to clean and polish steel pennies dipped or plated in copper am! For 1.05 USD condition with a better condition than you can make about 200,000 dollars,. Ef class, youll buy or sell coins or numismatic material and no endorsement or affiliation to or from is! Few very valuable error coins produced in 1943 this penny is cooper, and the sell value for an Wheat... It worth to honor the centennial of Confederation say to Get you?... Excellent condition since people tended to save them when they were first issued they! Are easy to learn how to value and how rare penny ( 1959 to Today ) Values and.... Mark: S. face value: $ 1 million, and the sell value for an averagecirculatedLincoln Wheat penny?! For $ 1 million, and the sell value for an averageuncirculated excellent condition since tended... Presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets the Next! That there are a few dollars a 1943-D bronze Wheat penny worth no... The coin can have a pennies collection with a.steel 1943D Penney how much is it worth also make great.... Dipped or plated in copper boldly doubled mintmark ( rpm ) can work to clean a penny... Tint to it, assuming it to be offered January 2016, though are. To around EF 49 1 cent and CANADA on it opposite compositions ; i.e good..

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