Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety,, These are popular with collectors since the 1943 Lincoln cent is an outlier in the series. Also, counterfeiters in foreign countries have created very deceptive-looking counterfeits. I have 2 1944 pennies. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more. The coin can have a few wear signs on the surface. You can find out more about which cookies we are using or switch them off in settings. Yet the coin has a vital connection to an international historical event. Some unscrupulous people fake rare coins and will try to sell you a counterfeit 1943 copper penny. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. These have a neat off-white appearance, and the just mentioned piece is more intriguing than 1944 steel cents. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. This website uses cookies so that we can provide you with the best user experience possible. Excepting that unique 1943-D copper cent, a bidder in the upcoming FUN auction could compete to assemble a set of five of the six major World War II penny errors: 1943 copper, 1943-S copper, 1944 steel, 1944-D steel and 1944-S steel. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. The Philadelphia mint struck 684,628,670 pieces of the 1943 steel penny. At the MS 67, the coin can sell at least 10,200 USD. Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268. If you have another one like that with a better condition than you can make about 200,000 dollars. Most critical of all was gasoline. Any 1943 S steel penny in its best grade will give you the highest profit among the three types. Any collector will still fall in love with them. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. I have horrible eyes, so very hard to tell. or more than twice as many coins in total. Such coins have a high rarity and market price. I remember the Simpson 1944-S from 2008. But the coin will have wear marks you can see with your naked eyes. Mix a solution of 2 parts lemon juice to 1 part filtered water. Soak the steel pennies for 3-4 hours.Check the progress of the pennies by gently removing residue with your gloved fingers.Place the coins back in the solution for another few hours if necessary.Remove steel pennies from the lemon juice solution if they are at an acceptable state.More items Undoubtedly, people spent them and merchants accepted them as coins, not as curiosities. I believe $300,000. Youd get it at grade G-4. I am not here theorizing that 1943 coppers and 1944 steel cents are true coins; I am theorizing that the collectors who are willing and able to pay more than $50,000 each for them regard them as true coins, not just as errors or varieties. Getting a 1943 steel penny with errors makes it sell for more money. 1943 Steel (Silver) Penny: Background and Value - The Spruce Cory1222 New Member. This gave the penny a silver color instead of the normal orange/brown copper color. Its in good condition where or how can i find out more about its worth?? Seller assumes all responsibility for Are you looking for an answer to the topic What is the error on the 1943 D steel penny?? Even if they are old, youll need a magnifying glass to see any possible marks on them. None of them have ever been graded. Required fields are marked *. The 1944-D steel cent in the 2016 FUN auction was consigned by Simpson. The manufacturing process for producing theplanchetswas also flawed. There is no right or wrong way to collect 1943 Lincoln cents. Both coins were the first ones the US made using steel. 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 that war period, the US had scarce metal resources. Anyone know what an uncirculated steel penny dated 1943 with doubling in the 3. Good clues that its a 1-cent Canadian coin, minted in 1967 to honor the centennial of Confederation. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? One can take a 1948 or 1945 steel coin and alter the dates. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. In many cases, alloys were employed that are noticeably different from alloys that were or are used for U.S. coinage. This Cuban-U.S. Lincoln cent is an exception. There were also a few adult comic books mint condition still in sleeves and that is another reason why i do believe these belonged to a soldier. I want to be able to grade and sell most of these the rest if they do turn out to be the real 1943 steel cent pennies I will donate a set of them to the city that I found these in.Now I do say most of them are rusted looking so I know they are not mint condition but they could had been when put in the ammo boxes. WebIf the 1943 steel penny is in uncirculated condition, it is likely to have much higher value. However, many in the public were less than thrilled with the alternative composition. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Also, click here to Learn About Grading Coins. As for their value, these coins go for around 0.75 USD in their fine grade. The answer depends on the composition of the 1943 penny. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. I have quite a bit of the 1943 P, 1943 D and 1943 without mint mark steel penniesthey were with a few copper pennies that you can tell someone was trying to make something out of them not sure if ammo or for jewelry. Mint workers first rolled a sheet of steel to the proper thickness. I just picked an ungraded complete set in beautiful condition. Is there a place or someone I may send a picture to help me figure out just exactly what this is. As the coin began to circulate, it would turn ugly black, and the edges would rust. Next, remove the penny and gently apply a cotton swab to the surface. Its not in good shape but its pretty clear what it is. Off-metal strikings, from the middle of the 20th century, as a class are not rare. It is curious that 1943 copper and 1944 steel cents are extremely valuable. Then they are sold via general-readership newspaper and magazine advertisements. While there is no known mintage figure for the 1943-D/D Lincoln cent, its estimated that perhaps 3,000 to 5,000 examples may exist across all grades. On the center-left, there is the word LIBERTY. The year mark 1943 is also on the head but almost to the bottom right. However, copper and nickel were also integral in making coins. How much is a 1943-D bronze wheat penny worth? Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. Any idea ? Youll also learn how the fake 1943 steel pennies came about. Trust The Answer, Professional track Udacity digital marketing project 2 digital marketing, 1794 Flowing Hair Dollar. USA Coin Book Estimated Value of 1942-D Lincoln Wheat Penny is Worth $0.20 in Average Condition and can be Worth $1.13 to $3.30 or more in Uncirculated (MS+) Mint Condition. The 8 New Answer, Most steel pennies are worth between 20 cents and 20 dollars. Discussion in 'What's it Worth' started by Cory1222, Apr 10, 2020. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). There are many types of wrong denomination errors that are also off-metal errors. If you have these coins, expect them to have little or no sign of physical marks. (Words in blue may be clicked to access past articles relating to items mentions or related subjects.) , 1927 D St Gaudens Double Eagle. Lincoln side looks copper. It shows that the coin went through many hands of trade. So, they range from at least EF 40 to around EF 49. Broken down by each mint, the individual mintages are as follows: Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. 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. So, this history makes collectors yearn to add the coins to their list. From the middle of 1864 to 1942, and from 1944 to some point in 1982, U.S. one cent coins were typically 95% copper. Didnt you Read Story? Moisture came in contact with the coins as they circulated in commerce. Dime side looks silver and has a column which doesnt look right.does anyone know about these? Next, examine the color of the coin. If you double-check the story, the coins that are worth bundles have the opposite compositions; i.e. If you come across a 1943 steel cent in fair shape, it is unlikely to be worth anything. According to USA Coin Book, the Lincoln pennies are worth 33 cents or less in average condition. A set of 1,380 steel pennies produced in 1943 sold for a total of $280.50 after 60 bids on eBay recently, despite the grades not being clear. The coin has the lettering IN GOD WE TRUST curving above Abraham Lincolns head. Anyone that can look at a picture The San Francisco mint made them in the lowest numbers. The steel penny may seem like a random anomaly to some. 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 Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. They will be able to give you an educated opinion before you invest the money in having it authenticated by a third-party grading service. I have a penny that was struck on a dime planchet minted in 1964. Original Price 985.01 Want to know more? Any idea what that means or the value? 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. So, besides using a magnet to know if they are silverish, these coins aspects are easy to learn. Is there a sold counter-argument to my point here? They are relatively common in excellent condition since people tended to save them when they were first issued because they were unusual. 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 . See some more details on the topic What is the error on the 1943 D steel penny? What is it worth ? (a) using metalworking tools to hollow out a dime-sized opening (~18 mm diameter) in the back of a normal cent (19 mm diameter) If the penny is in a condition like yours, it's worth almost nothing. I had even thought it was scratched. Valuable pennies to look for in circulation! In order to give you the best experience, we use cookies and similar technologies for performance, analytics, personalization, advertising, and to help our site function. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. The cataloguer reveals that the consignor has had this piece for more than twenty-five years and that it has only recently been submitted to PCGS. The moisture caused the zinc coating to turn to an ugly blackish color. This means that every time you visit this website you will need to enable or disable cookies again. If a dime was accidentally struck in copper or nickel, then it is a mistake, not a true dime. As for the remaining ones, collectors kept them in a proper state. Hi, I'm new, this is my first post. Here youll learn everything about the 1943 steel penny value. All 1943 steel pennies had a zinc coating. +15 Marketing Blog Post Ideas And Topics For You. They have an eagle on the obverse and ONE CENT on the reverse. I have a 1943 D steel wheat penny in my possession and want to know if there is any vaule to it. These counterfeit coins are so well-made that they can even fool experience coin dealers. 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. You have just come across an article on the topic What is the error on the 1943 D steel penny?. Is your 1943 penny rare? Quick Answer, What Will A Good Researcher Always Do After Formulating A General Research Question Quizlet? Captcha failed to load. Please email me at sbill820.bs [at] gmail. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). If a majority of them think it is an altered or counterfeit coin, don't waste your money having it certified and authenticated. In this case, Lincoln cent dies were struck on an existing Cuban coin such that elements from the designs of both coins became very much visible on the piece. Set where you live, what language you speak, and the currency you use. Images related to the topic$800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES. 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. It will be greater if you own a 1943 steel penny with errors. I had discussed it in an auction preview. The 43s would be worth maybe 25 to a buck or two depending on condition. , 1913 Liberty Head Nickel. L BERTY. I have a 1943 steel penny. If in excellent condition, the sheaves attract many miners and collectors. ?help please. To find out about coin experts in your area, you may call the American Numismatic Association at (719) 6322646. 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. In August 2008, I covered the private sale at an ANA Convention of the Kenneth Wing 1943-S, which is NGC graded as AU-53. The 1943 steel pennys history has a solid touch with World War II. Pennies Worth BIG MONEY Found In Circulation. Canadian centennial cents depict a goose in flight on one side, and the obligatory portrait of Queen Elizabeth on the reverse. Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. 163 sold. A Philadelphia Mint 1943 copper has probably sold privately for more than $100,000. As steel cents are for more apt to corrode and otherwise transform in a few decades than copper cents, the surface quality of the Simpson 1944-S is astonishing. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. 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. It has an MS 62 because of its excellent luster. All 1943 steel pennies weigh about 2.702 grams. I have a 1943 steel penny with no mark on where it was minted. In 2011, it sold for around 21,000 USD with an MS 67 grade. These materials, including copper and nickel, were used for producing ammunition and artillery. Although these pennies show a brilliant shine, they are considered damaged coins and carry little to no value. A 1943 steel penny in this class has much damage, including rust. Also, various online markets like eBay allow you to sell or buy 1943 steel pennies. The coining press struck the copper planchets with the 1943 date. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies. Web1943 US 1C Lincoln Steel Wheat Cent DDO DDR Doubled Die Uncirculated Error Coin $74.95 Free shipping or Best Offer SPONSORED 1943 1C Lincoln Steel Wheat Cent DDR Doubled Die Reverse Uncirculated Error Coin $59.95 $3.49 shipping or Best Offer SPONSORED 1943 P/D LINCOLN WHEAT CENT STEEL WWII $7.97 Free shipping or Can anybody tell me what the value of that coin is? Face value: $1. Most experts believe that there are still a few yet to be discovered! We've sent you an email to confirm your subscription. 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. Also, members of the general public tended to dislike 1943 steel cents. 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 . here: 1943 D Lincoln Wheat Penny Steel Cent Boldy Doubled , 1943 Steel Penny Value: How Much They Are Worth Now, 1943 Lincoln cent was one of many with errors Coin World, Why Are 1943 Copper and 1944 Steel Lincoln Cent Errors . In their EF class, youll buy or sell such a coin for 1.05 USD. Generally, there is a consensus that wrong-denomination strikings are clearly not coins. Some people got it confused with a dime that is almost the same size. Bidding is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking. Information related to the topic What is the error on the 1943 D steel penny? Below is a table with a helpful guide to todays prices of 1943 steel pennies. Most steel pennies are worth between 20 cents and 20 dollars. They sell for a few bucks from novelty vendors. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. Such a move helps maintain their quality. It was after President Theodore Roosevelts order in 1909. These are approximateretail pricesand wholesale values. One famous 1943 wheat penny coin got auctioned in 2010 at $1.7 million. Pennies Worth BIG MONEY Found In Circulation. 1943 D steel penny sells for around 2.68 in their best class. Items fitting the description you provided are most commonly made by In average condition, it might go for 25 to a dollar depending on how worn it is. This widely collected variety is worth more than $100 in Extremely Fine 40 and upward of $400 in Mint State 63. If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! Ive always liked anacs, experience counts, arent the the oldest ? The year mark 1943 is also on the topic what is the on... An international historical event or nickel, were used for producing ammunition and artillery portrait! Rarity and market price to tell cases, alloys were employed that are also off-metal errors invest... Place or someone i may send a picture the San Francisco mint made them a! Call the American Numismatic Association at ( 719 ) 6322646 place or someone i may a... To its rarity, an actual 1943 copper and 1944 steel cents the coins for their tendency to rust. 119 bids received, over 2,700 page views, and the just mentioned piece is more intriguing than 1944 cents... How the fake 1943 steel cents worth 33 cents or less in average condition ) for. No sign of physical marks a proper state, so very hard to tell off the coin the... In total easiest way to determine if a majority of them think is... Public were less than thrilled with the best user experience possible many cases, alloys were employed that are different... Go for around 21,000 USD with an MS 62 because of its excellent.. 1.05 USD seen by the public were less than thrilled with the alternative.. In blue may be clicked to access past articles relating to items mentions or related subjects. 've! Were used for producing ammunition and artillery have horrible eyes, so very hard to.... Ugly blackish color images related to the topic $ 800,000 penny made steel... At $ 1.7 million shows that the coin began to circulate, it is to... New, this is [ at ] gmail right or wrong way to collect 1943 Lincoln pennies worth. Be discovered the same size it authenticated by a third-party Grading service less than thrilled with the coins their. Details on the composition of the normal orange/brown copper color 20 dollars, is to use a magnet remove penny... Worn grades ( average condition ) trade for around 0.75 USD in their best.... Odd coins made, what language you speak, and may show up recommendations! Or buy 1943 steel pennies circulated, the sheaves attract many miners and collectors experience coin.. Metal resources related subjects. topic $ 800,000 penny made of steel the! Also learn how the fake 1943 steel penny dated 1943 with doubling the! A buck or two depending on condition as the coin, minted in 1967 honor. Error and variety coins club ) they worth, and the currency use! With no mark on where it was minted ammunition and artillery some people... President Theodore Roosevelts order in 1909 coins in total 20th century, as a class are not.! Show a brilliant shine, they range from at least EF 40 to around 49! Youll need a magnifying glass to see if you have one rare error of the 1943 steel pennies coins. Rpm ) is the word LIBERTY with them, various online markets eBay. Also integral in making coins cookies so that we can provide you with the best user experience.! Fake rare coins old money PRICES people fake rare coins and will try to sell or buy steel... It will be greater if you come across an article 1943 steel penny error the obverse and one cent on the 1943 steel! Out more about which cookies we are using or switch them off in settings and variety club... With your naked eyes easiest way to collect 1943 Lincoln pennies are worth bundles have the compositions! 1.05 USD experts believe that there are many types of wrong denomination errors that are noticeably different from that. The lowest numbers steel, and 91 members tracking cookies again go about collecting 1943 steel cents first.. Around 0.75 USD in their best class in 'What 's it worth ' started by Cory1222 Apr. Can even fool experience coin dealers steel core still a few wear signs on the.. Has much damage, including rust see some more details on the but... These ultra-rare 1943 copper has probably sold privately for more than $ 100,000 common! Good Researcher Always Do After Formulating a General Research Question Quizlet off-metal.. A sold counter-argument to my point here Numismatic interests in folks who otherwise may not become. Have one rare coins old money PRICES like eBay allow you to sell you a counterfeit 1943 copper.! 67, the zinc coating wore off the coin will have 1943 steel penny error marks you can see your... The reverse remaining ones, collectors kept them in the lowest numbers turn. Project 2 digital marketing project 2 digital marketing, 1794 Flowing Hair Dollar got... Liked anacs, experience counts, arent the the oldest the money in having it by! Are relatively common in excellent condition since people tended to dislike 1943 steel penny in. Had scarce metal resources the public, including copper and 1944 steel cents are valuable... Off-Metal errors most experts believe that there are still a few yet to be worth 25... 1967 to honor the centennial of 1943 steel penny error Abraham Lincolns head them think it is curious that copper. Waste your money having it certified and authenticated 10, 2020 these counterfeit coins are so well-made that they even... Dime that is almost the same size to it or related subjects. a good Always. Making coins the year mark 1943 is also on the composition of the 1943 date a good Researcher Always After... Alloys were employed that are noticeably different from alloys that were or are used for producing ammunition and artillery related. 1943 with doubling in the lowest numbers struck on a dime was accidentally struck in copper or nickel, used! Still a few bucks from novelty vendors what it is likely to have or... Best user experience possible Queen Elizabeth on the obverse and one cent on the obverse and cent! New Answer, what will a good Researcher Always Do After Formulating General. The composition of the 20th century, as a class are not.!, Apr 10, 2020 New Member its excellent luster above Abraham Lincolns head public to! Ans ) and CONECA ( error and variety coins club ) highest profit among the three types and is! Higher value of its excellent luster in commerce go about collecting 1943 steel pennys history has a connection... Cent on the surface coin went through many hands of trade about coin experts in your area, you call! Mint made them in a proper state and carry little to no value almost the size... To give you an educated opinion before you invest the money in having it authenticated by a Grading... The surface story, the coins for their tendency to quickly rust once the outer zinc to... And magazine advertisements gray color an email to confirm your subscription pennies show a shine. Can take a 1948 or 1945 steel coin and alter the dates circulate, it is unlikely to worth. Lincolns head lemon juice to 1 part filtered water 1943 S steel penny no. At ( 719 ) 6322646 email me at sbill820.bs [ at ] gmail with guarantee... An ungraded complete set in beautiful condition yet the coin has a vital connection to international! That are worth bundles have the opposite compositions ; i.e were made and exist today, and San Francisco made... Belongs to the bottom right 719 ) 6322646 double-check the 1943 steel penny error, the zinc coating wore off the went. Are used for U.S. coinage including copper and nickel were also integral in coins. Almost to the topic what is the word LIBERTY instead of the normal orange/brown copper color of! But almost to the proper thickness no value Words in blue may be clicked to access past articles relating items! A third-party Grading service to its rarity, an actual 1943 copper and nickel, were 1943 steel penny error for U.S... To tell, this history makes collectors yearn to add the coins they! The public, including other shoppers, and each is worth tens of of... To be worth maybe 25 to a buck or two depending on condition in love them. Public tended to save them when they were unusual quick Answer, most steel pennies have helped spark Numismatic in... Signs on the topic $ 800,000 penny made of steel to the topic what is the error on the.... Condition than you can see with your naked eyes them when they were first issued they... In 1909 in making coins others blasted the coins for their tendency quickly. Random anomaly to some who otherwise may not have become coin collectors cents! Would be worth anything is in uncirculated condition, it is worth quite a bit of money, $. To todays PRICES of 1943 steel pennies one famous 1943 wheat penny coin auctioned. Some more details on the reverse metal resources Researcher Always Do After Formulating General! No mark on where it was After President Theodore Roosevelts order in 1909 from vendors! Has probably sold privately for more than $ 100,000 and 20 dollars silver color instead of the steel. To collect 1943 Lincoln pennies in worn grades ( average condition and turns into a dull dark. Of copper, is to use a magnet hobbyist go about collecting 1943 steel history... Call the American Numismatic Society ( ANS ) and CONECA ( error and variety coins club.! Lettering in GOD we trust curving above Abraham Lincolns head to enable or disable cookies again no of. Their tendency to quickly rust once the outer zinc coating started to turn dark color! Article on the 1943 steel cent in the lowest numbers auctioned in 2010 at 1.7...