How rare is a 1943-S steel penny?
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A 1943-S steel penny is not rare in general; millions were made, making circulated ones worth little (10-50 cents), but its rarity skyrockets for the extremely valuable 1943 Copper Penny (a rare error), so check yours for the correct steel weight (2.7g) or if it's copper (3.11g), as copper versions can fetch over $100,000!.
How much is a 1943 S steel penny worth today?
Circulated Condition: Most 1943 Steel Pennies found in circulation are worth 10 to 50 cents. Uncirculated Condition: A well-preserved 1943 Steel Penny can be worth $2 to $10, with higher-grade examples fetching $20 or more.
What makes a 1943 steel penny so valuable?
There are several reasons why the 1943 penny enjoys this reputation. One is that it's the only steel penny that was ever mass-produced in the United States. It also comes in rare varieties, some of which are extremely valuable.
How do I tell if I have a rare 1943 penny?
Ways to Identify a Genuine 1943 Copper Penny:
- Authentic 1943 Copper Pennies weigh approximately 3.11 grams.
- Steel cents weigh only 2.7 grams.
- If your 1943 penny is lighter than 3.11 grams, it is likely a common steel cent.
Is a 1943 S copper penny worth anything?
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.
1943-S Steel Pennies Worth Money - How Much Is It Worth and Why, Errors, Varieties, and History
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 many 1943 S pennies were minted?
An estimated 40 pennies were believed to have been produced, with 12 that are known positively to be in existence.
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.
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 rarest type of steel penny?
1944-S Lincoln Steel Penny
The 1944-S Steel regular strike penny is considered a Mint Error coin, not a variety penny, for its extremely rare off-metal striking. This error took place when a steel blank left over from 1943 was struck in the normal production run for 1944-S Bronze Cents.
How rare is a 1943 steel penny with no mint mark?
Unfortunately, when coins have no mint mark it does not make them more valuable. Coins with no mint mark are by default minted in Philadelphia. 684,628,670 steel Pennies were minted at Philadelphia with no mintmark, so each one is worth between $1-2.
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.
What makes a 1943 steel penny unique?
The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. The unique composition of the coin (low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition) has led to various nicknames, such as wartime cent, steel war penny, zinc cent and steelie.
Is it better to clean silver coins or leave them?
If you own tarnished silver coins, our advice is to leave them as they are and avoid cleaning or altering them in any way. Improper cleaning or the use of abrasive materials might irreparably damage your silver coin and diminish its value.
What are the errors on a 1943 steel penny?
Two Error Varieties: The Copper 1943 Cent and the 1944 Steel Cent
- Some 1943 cents were mistakenly struck on leftover copper planchets from 1942. ...
- To check for authenticity, a real 1943 copper cent will not be magnetic, as copper is a non-magnetic metal, while steel is magnetic.
How much is a 1943 S penny worth?
1943 S Wheat Penny Value
According to the NGC Price Guide, as of December 2025, a Wheat Penny from 1943 in circulated condition is worth between $0.05 and $2. However, on the open market 1943 S Pennies in pristine, uncirculated condition sell for as much as $7000.
How many 1943 steel pennies were made?
Still, a total 1,093,838,670 steel cents were produced at the three U.S. Mints in Philadelphia, Denver, and San Francisco. One source asserts that the use of the steel freed enough copper to be used on two cruisers, two destroyers, 1,243 flying fortress-style airplanes, 120 field guns, and 120 howitzers.
What's a 1943 S 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 are left?
Experts estimated the surviving population of the 1944 Steel Cent to be in the range of 25-30 pieces, or about double that of the known population of 1943 Bronze Cents.
What year has the rarest pennies?
The 1909-S VDB, 1914-D, and 1922 no-D are among the rarest and most sought-after wheat pennies due to their low mintage and survivorship.