What are the key features of a 1943 penny?
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The key feature of a standard 1943 US penny is its unique composition of zinc-coated steel, a one-year change due to copper shortages during World War II.
What to look for on a 1943 penny?
Feel and test: a genuine 1943 steel cent is magnetic and will stick to a strong refrigerator magnet. It is noticeably lighter than a typical 1940s copper cent (≈3.11 g) and has a gray/silver appearance with some possible rusting or flaking of zinc. Mintmark and production:
What is so special about a 1943 penny?
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.
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 is the rarest type of 1943 penny?
Among all Lincoln Wheat Cents, the 1943 Copper (Bronze) Penny remains one of the rarest and most sought-after error coins in U.S. history. This accidental minting mistake has fascinated collectors, investors, and historians alike.
Penny you should know about! 1943 pennies!
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.
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.
Why does my 1943 penny look silver?
Your 1943 cent is made of steel, so it is silver in color. If you have a 1956 cent that is silver, it has likely been plated.
How many 1943 pennies are left in the world?
It is estimated that there were 40 1943 copper pennies produced, and of those 40, there are 27 known surviving coins.
Is there any value in a 1943 penny?
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.
What if a 1943 steel penny has 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.
Why are 1999 pennies worth $4,500?
It's from 1999 and could be worth $4,500 thanks to a little-known error on it. What you want to look for is a 1999 penny with no mint mark, which means no letter under the year on the heads side. As for the tails side, that's where you have to look closely.
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 do I do if I have a 1943 copper penny?
If you think you might own a real 1943 copper penny or any type of rare precious metals, we recommend getting it authenticated by a third-party service.
What makes a 1943 silver penny unique?
In the end, Congress approved a composition of 99% steel and a coat of zinc. The zinc-steel combo made the 1943 penny look very different from its predecessors. Since it resembled a silver coin, many people started calling it "the silver penny." Others believed it was actually made of silver!
Why is the 1943 D penny so valuable?
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 do you verify a 1943 wheat penny?
Magnet Test: An authentic copper 1943 cent will not be magnetic, while a steel (even if copper-plated) cent will stick to a magnet. Weight Check: Copper cents from this period should weigh approximately 3.11 grams, whereas steel cents weigh closer to 2.7 grams.
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.
What is the error missing the 4 on a 1943 steel penny?
The missing 4 in the 1943 steel Lincoln penny is a "strike through" error where some grease got caught in the striking die to cause the missing number.
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).