But it turned out a few 1943 wheat pennies had accidentally been made with leftover copper planchets (prepared coin blanks) from 1942 and they escaped from the United States Mint! In their fine class, it will earn you 0.50 USD; in their excellent state, the coin sells for 0.68 USD. 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. Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition Date and mint mark collecting are a main focus to collections. For one, there were up to 3 different types of coins produced each year. The VDB pennies minted in the San Francisco Mint are the rarest. My best guess is that the last two digits of the date have been worn away over time. President Theodore Roosevelt commissioned a revamp in the American coinage at the time. One of the most unusual American pennies was the silver-colored coin minted in 1943. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. A former US President Abraham Lincoln profile is on the obverse, with the inscription IN GOD WE TRUST located on the upper edge. Many coin collectors include the various 1943 pennies among their larger collections of Lincoln cents. NOTE: Incidentally, a few 1944 wheat pennies were made with the 1943 steel planchets. Prices have gone way up for the 1943 copper penny over the years. From uncirculated coins collected by advances collectors to worn examples an affordable collection popular with young collectors. These are numismatically worthless since they are altered coins. An higher quality MS62BN sold in 2021 for $372,000, while the finest known MS63RD was sold privately for over one million dollars to an anonymous collector in 2018. Thus, alternative metals were considered for minting coins. Listen to this post about the 1943 steel penny or keep reading below: The steel penny may seem like a random anomaly to some. Placing an accurate value on your 1943 penny follows a step by step process. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). The most valuable Wheat Penny ever auctioned is a unique 1943-D Bronze Cent, sold for $840,000. These coins are frequently counterfeit or altered from common wheat pennies. 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. Victor D. Brenner designed the coin under the direction of Pres. Federal Trade Commission. These coins traditionally consisted mostly of copper and nickel. Although a wheat penny's face value is one cent, as a good rule of thumb, all wheat pennies, including common dates, are worth more than their face value. Most are entirely inexpensive, but you can find the high-graded piece for $3,250 in the coin market. I kept it and put it in the fold and staple. 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). 1943 penny value reflects its unique status within the Wheat cent series. Quality of the surfaces is noted as quickly fading. Looking for more? These coins are struck from a zinc coated steel alloy. Metal alloy of 1943 cents has a few considerations effecting its market acceptance. Although it is not particularly rare, the 1943 steel penny is fascinating. What are they worth? "D" Mintmark Under Date: Denver Mint Struck the Coin. US Mint. and new product arrivals. Is a 1943.s steel Penney that it looks normal but the 4 in 43 is almost un detectable. Guarenteed. ), on the reverse side, and the other did not. Historic value is high. When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. I have 8 rolls of steel pennies 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. Have A Silver Penny Thats Not A 1943 Steel Cent? You can see scratches and damage to the relief, but details are still noticeable and recognizable. Zinc, the outer coating, is prone to dulling if disturbed. I have 1943 steel wheat pennies among many others,have no access to internet much,am wondering if theyre worth more than face value? 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! 1943 Lincoln Cents: The Value Of Steel Vs. Copper, 1992 Penny Value Guide: See What Your 1992 Pennies Are Worth (Including The Rare 1992 Close AM Penny Worth $25,000! 1943-S Lincoln Cent Sells for $1 Million - The Spruce Crafts ), 1943 copper penny is extremely rare and valuable. Another example of a re-punched coin, an S was originally punched and then covered up with a D. Value: The value of this coin ranges from $40 to about $260. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'losttreasurehq_com-large-leaderboard-2','ezslot_9',107,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-large-leaderboard-2-0');Some 1943 steel wheat cents also come with a D over D mint mark error making them more valuable as they are unique. Lincoln Wheat Cents are legal tender. 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. You can call around and ask for a coin grading place. Well, lots of 1943 steel wheat pennies still survive and that means there are plenty to go around to satisfy the needs of coin collectors. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Otherwise, non-error steel cents are not in themselves rare. 1943 D Lincoln Wheat Cent : Bronze/Copper - USA Coin Book Thank you, Christie, first you would need to see if the penny sticks to a magnet. Thomas G. Flammio: If they are in truly pristine condition, however, they could be worth up to $10 for the D mintmarks and up to $25 for the S mintmarks. Extra fine This coin wasnt in circulation for a long, and you can notice only light signs of wear on its surface. 1944 Wheat Penny Value - A Complete Guide - Craftbuds And, sure, that makes sense. Very few of these pennies were minted and released into circulation. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. https://nnp.wustl.edu/library/publisherdetail/51 The 1943 steel penny with no mintmark is usually worth between $3 and $10. I found recently a 1984 penny with some raised ridges on the obverse. There are many valuable, rare pennies out there. 1943 Steel Wheat penny DDR value chart. A lighter shade of silver-grey highlights the design. The penny on the left is worn throughout the hair, face, and coat of Lincoln. But very, very few of these left the U.S. Mint facilities. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures to coin collectors. Double die minting errors result from two impressions being made that are slightly offset from one another. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. What Is a Wheat Penny and How Much Are They Worth? Take care Richard S.A. Texas, I have five very fine uncirculated 1943 Philadelphia mint pennies never been circulated the brand new in a plastic case sealed I would like to sell one is anyone interested in buying them. They are worth about .10 ea. Therefore, collect coins in the highest grade that you can afford. Each combination is valued and listed on the chart. Wheat pennies refer specifically to Lincoln Cents produced from 1909 to 1958. My love for coins began when I was 11 years old. D Denv. For some reason, the Denver Mint produced around 500,000 pennies without the D mint mark this mintage year. The 1943 D/D steel penny is an error coin minted that particular year. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. One of the most valuable Lincoln cents ever produced. who wants them? Problems are absent from the surfaces, however. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. Until recently, mint marks were punched by hand, and thus the position tended to vary slightly. Value: The value ranges from $1.25 to about $900. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. In 1943, World War II was in full swing. Many people even confused the steel pennies with silver dimes! Technical and aesthetics grading determines value to collectors. Interest remains high along with demand. Very interesting site and looking for the value of a 1943 penny unminted. S San Fran. Their value lies in their novelty. a #8 might get you #1 maybe ? As a result, the 1943 penny is very low on the rare coin scale. What Is the Value of a 1943 Copper Penny? - Gainesville Coins You're right, the grading fees will likely cost more than the coins are worth. Rare coins such as the 1909-S VDB and 1914-D are the "Holy Grails" of any Lincoln Wheat cent collection. Some valuable errors from this year include a Philadelphia minted MS66 penny struck on a dime planchet which sold at Heritage Auctions for $8,400. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-leader-3','ezslot_13',110,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-3-0');The zinc alloy gives the coin a silver appearance and they are commonly referred to as 'Steel Cents', although they have been mistaken for aluminum and lead. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. A shortage of copper combined with a need to provide coinage to commerce forced the mint to use an alternative alloy. You can consider yourself lucky if you have a copper specimen of this penny in your coin collection. Most are entirely inexpensive, but you can find the high-graded piece for $3,250 in the coin market. Lincoln Wheat Penny Key Dates, Rarities and Varieties, Kennedy Half Dollar Values and Prices (1964-2015), Buffalo (Indian Head) Nickel Values and Prices, How to Value and Price a Roosevelt Clad Dime, 50 State Quarters, D.C., and U.S. * = See the article "Lincoln Wheat Penny Key Dates, Rarities and Varieties" for more information on these coins. The Truth About 1943 Steel and Bronze Copper Wheat Penny Values Take a close look at their condition. He officially announced the change in design that same year. They are worth a considerable amount over theircoppermelt value due to their numismatic interest. Another California Bank Fails Over The Weekend.
