How much is a 1943 copper cent worth?
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A genuine 1943 copper (bronze) cent is an extremely rare and valuable error coin, with estimated values typically ranging from $100,000 to over $1 million, depending on its condition and mint mark. One example was sold for a record price of $1.7 million in a private sale.
What is a 1943 copper cent worth?
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.
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.
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 do I do if I have a 1943 copper penny?
If you believe you own a 1943 Copper Penny, be sure to test its authenticity and have it professionally graded. As history has proven, even a single penny can be worth a fortune—and the 1943 Bronze Penny is the perfect example of that.
When is One Cent Worth $200,000? Tom Caldwell Purchases 1943 Copper Cent
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 I sell a 1943 penny for?
Most steel pennies are worth between 20 cents and 20 dollars, with prices for 1943 penny error coins like the 1943-D doubled mintmark variety reaching several hundred dollars. However, the story of these distinctive wartime coins goes far beyond their typical values.
How many 1943 copper pennies exist?
The tiny mintage of these 1943 Copper Pennies made them one of the scarcest errors in U.S. minting history. In fact the U.S. Mint estimates that only around forty 1943 copper cents are known to exist today.
What makes a 1943 copper penny so special?
Popularly called “copper pennies,” these cents are actually error coins — they were never intended to be struck! All cents that year were supposed to be made from zinccoated steel planchets. The error was created when leftover planchets from 1942 production were mixed in with the intended planchets for 1943.
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.
Is a 1943 penny that sticks to a magnet worth anything?
lol. It's a very common wartime steel cent worth about 10 to 20 cents if your lucky.
What is the error on the 1943 penny?
A lot of people talk about 1943 pennies and that they may have a silver one, and while they may have the right color penny, most of those are zinc plated steel. The famed error for the 1943 penny is the copper one, as the USA switched metals from copper to steel in order to conserve metal for their war effort.
Do 1943 pennies have a mint mark?
The 1943 steel penny was produced in three different mints, the San Francisco Mint bearing the S mint mark below the date, the Denver Mint bearing the D mint mark below the date, and the Philadelphia Mint bearing no mint mark.
How do I know if my 1943 penny is rare?
Given their high value, 1943 copper pennies are often counterfeited. A good way to confirm this coin's value is to use a magnet or scale. A copper penny won't react to a magnet and weighs about 3.11 grams.
What penny is worth 1.1 million dollars?
2. 1944-S Steel Wheat Penny — $1.1 million. This penny somehow missed the 1944 transition from steel-coated zinc to copper, and it's worth a fortune as a result. Just two copies of the San Francisco-minted version remain.
Why is the 1943 penny worth $1,000,000?
This rare 1943 Lincoln cent is only 1 of 15 known in the world. Photograph courtesy of The Money Museum. This rare cent is one of approximately 15 examples found in circulation. Known as error coins, these rare pennies were made using copper instead of zinc, and were never intended to be struck.
Should I clean my 1943 steel penny?
Cleaning won't add value to those coins, especially if they're already worn. It's important to understand their current condition. You mentioned having several 1943 steel pennies and some 1944s.
Which penny is worth 2.3 million dollars?
The most valuable U.S. cent is the 1943-D Lincoln Bronze Wheat Penny, which was minted in error during World War II, when copper was needed for the war effort and most pennies were made of steel. One of these pennies sold for $1.7 million in 2010. Today, it's valued at about $2.3 million in mint uncirculated condition.
What penny is worth $40,000?
The Most Expensive Penny
The first 1943 copper cent was sold in 1958 for more than $40,000.