What is the error on the 1943 copper penny?

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The error on a 1943 copper (bronze) penny is that it was mistakenly struck on a copper planchet instead of the intended zinc-coated steel planchets used that year.

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.

Which 1943 copper penny is worth money?

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.

What are the errors on a 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.

What makes a 1943 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.

RARE 1943 Copper Penny - How to Authenticate 1943 Bronze Cent

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What is the error missing 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. It is a desirable error coin and assuming the coin is in better circulated condition, it would sell for as high as $50 to $100 online market.

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.

What is the holy grail of pennies?

A 1943 copper penny is known as the "holy grail of mint errors," as only 27 of the pennies are known to exist. They were struck by mistake from leftover copper blanks from 1942. All other pennies minted in 1943 were zinc-coated steel, like the one seen here, amidst the copper conservation effort of World War II.

How many 1943 copper pennies were found?

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.

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).

What penny sold for $2.5 million?

You never know when you might get lucky and land a 1792 Birch penny, valued at a whopping $2.5 million. A California-based coin collector reportedly spent the paltry sum on the celebrated coin, of which only 10 are known to exist.

Is a 1943 bronze penny worth anything?

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.

How do I check if my penny is worth money?

Here's how to tell if a penny is worth money:

  1. Look for errors.
  2. Check if it's pre-1982.
  3. Use a penny value checker app.
  4. Compare it to the value of old pennies by year chart.

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.

What 1943 penny is worth a million dollars?

How Much Is A 1943 Copper Cent Worth. It's quite literally the million-dollar question! The all-time record price for a 1943 bronze cent is $1.7 million. This price was paid for the only known example of a 1943-D copper penny graded MS64BN by Professional Coin Grading Service.

What are the 10 most sought after pennies?

Top 10 Most Valuable Pennies

  • 1909-S Indian Cent. $300 - $1,000+ ...
  • 1909-S VDB Lincoln Cent. $600 - $1,300+ ...
  • 1914-D Lincoln Cent. $150 - $2,200+ ...
  • 1922 Plain Lincoln Cent. $500 - $10,500+ ...
  • 1931-S Lincoln Cent. $65 - $100+ ...
  • 1943 Bronze Lincoln Cent. $125,000+ ...
  • 1944 Steel Lincoln Cent. $75,000 - $125,000+ ...
  • 1955 Doubled Die Lincoln Cent.

What makes a 1943 copper penny rare?

However, a small amount of 1943 pennies were accidentally struck using the standard copper planchets instead of steel. The tiny mintage of these 1943 Copper Pennies made them one of the scarcest errors in U.S. minting history.

How to tell if your 1943 penny is worth money?

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.

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.

What's 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.

What should I look for in a 1943 steel 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.

Is a 1943 penny that sticks to a magnet worth anything?

If a penny sticks to the magnet, check the date. A 1943 circulated penny that sticks is worth 10 cents or so. But a 1944 penny that sticks to the magnet should net you around $40,000.