How many 1943 copper pennies are still in circulation?
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There are likely none, or very few, 1943 copper pennies still in active circulation today.
How many 1943 copper pennies are unaccounted for?
1943 copper cent
An estimated 40 examples are believed to have been struck, with 13 confirmed to exist. The error occurred when copper planchets were left in the press hopper and press machines during the changeover from copper to steel blanks.
How much is a 1943 copper penny worth now?
The Value of a 1943 Copper Cent
The 1943 copper cent is one of the rarest coins in American numismatics and is in high demand among collectors. The estimated value of this error coin ranges from $100,000-$900,000. One 1943-D copper cent was listed by the Professional Coin Grading Service (PCGS) for $1,500,000.
How hard is it to find a 1943 copper penny?
Are you holding a penny inscribed with 1943 and wondering if it's made of copper? It might be a long shot, as only around 40 of these coins are known to remain. Of those, we can trace approximately 10 to 15 back to the Philadelphia Mint, five to the San Francisco Mint, and one to the Denver Mint.
Why is a 1943 copper penny worth so much?
However, due to a minting error, a small number of 1943 pennies were struck on leftover copper planchets from 1942 instead of the intended steel blanks. This mistake created one of the most famous and valuable minting errors in U.S. history.
RARE 1943 Copper Penny - How to Authenticate 1943 Bronze Cent
Which 1943 penny is worth $1,000,000 today?
Most circulated examples are worth between 10 and 50 cents, while uncirculated coins can fetch $2 to $10, with high-grade certified pieces reaching $100 or more. Rare error varieties, such as the highly sought-after 1943 Copper Penny, can be worth over $100,000, and some have sold for more than $1 million.
What do I do if I have a 1943 copper penny?
If your 1943 copper penny doesn't stick to a magnet and the last digit in the date does not look like it was altered from a 1948 penny, seek a second opinion from a qualified coin dealer. Most dealers don't charge to look at your coins and give you an informal verbal appraisal.
How do I tell if I have a rare 1943 penny?
Using a kitchen scale that measures to the hundredth of a gram, weigh your penny. If it weighs 2.70 grams, it has the right weight for a 1943 steel penny. If it weighs 3.11 grams, examine the date and look for signs of alterations. If there are no signs of alterations, it might be a valuable error coin.
What penny sold for $1.7 million?
The Don Lutes Jr. coin- a bronze Lincoln cent- was sold for such a huge amount because currently, only a handful of these exist. So far, 15 to 20 bronze Lincoln cents have been discovered. The most expensive sold for $1.7 million.
How much can you sell a 1943 penny for?
1943 steel pennies are worth about 10 to 13 cents each in circulated condition and as much as 50 cents or more if uncirculated. The following table lists the buy price (what you can expect to pay to a dealer to purchase the coin) and sell value (what you can expect a dealer to pay you if you sell the coin).
How many copper 1943 wheat pennies are there?
The 1943 Copper S penny is one of the most rare coins in circulation in the United States. There are 12 that are known, with an additional 28 that may exist, but no one knows for sure, the number of 40 is an estimation based on the theory of how they were accidently produced.
What's so special about a 1943 wheat penny?
Due to a shortage of copper as a result of World War II, the US Mint was forced to craft these coins primarily out of steel. As such, they resemble a US Dime or Quarter more than the traditional penny. All of this works to make the coin incredibly unique in comparison to most every other version of the Lincoln penny.
Will a 1943 steel penny stick to a magnet?
To check if a 1943 cent is copper-plated steel: Magnet Test: An authentic copper 1943 cent will not be magnetic, while a steel (even if copper-plated) cent will stick to a magnet.
How rare is a 1943 bronze penny?
All 1943-S bronze cents are extremely rare and highly sought after by a variety of collectors, including Lincoln cent enthusiasts. On the rare occasion 1943-S bronze cents are offered for sale, they generally take well more than $150,000.
What is the rarest penny ever made?
7 Most Rare Pennies — and What Makes Them Unique
- 1856 Flying Eagle Cent. ...
- 1864 Indian Head Penny – "L" on Ribbon. ...
- 1909-P and 1909-S VDB Lincoln Pennies. ...
- 1943 Lincoln Cent Struck on Bronze Alloy. ...
- 1944-S Lincoln Steel Penny. ...
- 1969-S Lincoln Penny – Doubled Die Obverse. ...
- 1958 Doubled Die Obverse Cent.
How much is a real 1943 copper penny worth?
1943 Copper Penny Value. The 1943 Copper Penny is one of the rarest and most valuable U.S. coins, with values ranging from $100,000 to over $1 million, depending on condition. Struck by mistake on copper planchets instead of steel, fewer than 20 examples are known to exist.
How many 1944 steel pennies have been found?
It is estimated that there are only 30 struck on the steel planchette from 1944 with only 12 known to be in collection.. so there is hope. Keep looking. 1943 was the year for steel Pennies. Copper was needed for the war effort.
Should I cash in my pennies now?
So, what should you do with those pennies now? You can continue to spend them. Retailers will continue to accept pennies if you want to pay with exact change. However, you certainly shouldn't save them in the hopes that their value will increase, as that's unlikely to happen in the near future.
Should I clean old pennies?
Polishing and/or cleaning coins can reduce their value. Older coins that show deep age coloration are more desirable than coins whose surfaces have been stripped away by improper polishing or cleaning. If you do polish a coin to remove dirt, use mild soap and water.