Original Price 985.01 Remember, the government chose this way because it was cheap. But very, very few of these left the U.S. Mint facilities. This means that every time you visit this website you will need to enable or disable cookies again. Some of the metals were copper and nickel. I have a 1943 wheat penny and can be picked up with a magnet. Moisture came in contact with the coins as they circulated in commerce. This realization is an auction record for any kind of Lincoln cent or cent error. Here are the 1943 steel penny error coins with their values. In 1944 the mint switched back to using copper to produce the pennies. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. Coins in this class have a sweet luster. Those U.S. Mint Errors that are clearly not coins would never command such prices, either would rare die varieties of any 20th century coins. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. If the penny has a silver color, it is made of steel with a zinc coating to make it look nicer and protect it from rusting. Expect these coins to sell for at least 0.15 USD in their lowest grade. In many cases, alloys were employed that are noticeably different from alloys that were or are used for U.S. coinage. In 2010, the coin sold for a record USD 1 million. Is there a sold counter-argument to my point here? Also, you can feel the scratches with your fingers. How much is a 1943 steel penny worth in 2021? Copper is an essential metal in the manufacturing of ammunition. But the coin will have wear marks you can see with your naked eyes. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. Lincoln side looks copper. Looking for help on what type of penny it is. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. Besides the confusion in their looks, people claimed that these coins lost their beauty fast. Does it say 1 cent and CANADA on it? These are not wrong denomination errors; some steel planchets for U.S. one-cent coins were used in 1944 or very late in 1943 with 1944 dies. So, besides using a magnet to know if they are silverish, these coins aspects are easy to learn. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). The coining press struck the copper planchets with the 1943 date. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. In 1943, a few bronze pennies were also minted. For several reasons, this metallic composition was not planned for 1944 cents. I am not here theorizing that 1943 coppers and 1944 steel cents are true coins; I am theorizing that the collectors who are willing and able to pay more than $50,000 each for them regard them as true coins, not just as errors or varieties. From the middle of 1864 to 1942, and from 1944 to some point in 1982, U.S. one cent coins were typically 95% copper. It is because the steel became naked after the zinc coating came off. Trust The Answer, The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. Most experts believe that there are still a few yet to be discovered! Their value lies in their novelty. View Etsys Privacy Policy. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Also, they have 99% steel and 1% of zinc coating. So, the US army used most of the items for the wars success. Philadelphias high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. Here youll learn everything about the 1943 steel penny value. The first 4 is clearly different than the second. It is curious that 1943 copper and 1944 steel cents are extremely valuable. Below are the skills you can use to know if your 1943 steel penny is in excellent grade or not. I am not commenting on it. Take your coin to a local coin dealer and have the dealer look at it. +15 Marketing Blog Post Ideas And Topics For You. Most people believe that all pennies produced by the United States Mint are made of copper. I remember the Simpson 1944-S from 2008. here: 1943 D Lincoln Wheat Penny Steel Cent Boldy Doubled , 1943 Steel Penny Value: How Much They Are Worth Now, 1943 Lincoln cent was one of many with errors Coin World, Why Are 1943 Copper and 1944 Steel Lincoln Cent Errors . Doesnt stick to a magnet => possibly a rare bronze error coin but more likely one of the zillions of fakes that have been made over the last 3/4 of a century. However, many in the public were less than thrilled with the alternative composition. But how much would this coin earn you in todays coinage market? I have a 1944s Lincoln penny that has a silver dime back. What is the value of a 1943 steel penny that is missing the 4? They decided to use steel for the base metal and plate it with pure zinc. It is now PCGS graded as MS-62. This was accomplished by using copper shell casings gathered from military training facilities. I have 2 1944 pennies. If it is silver-colored, it is likely to be made of zinc document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I have 1943 steel wheat panny no mint mark very good condition, I have a 1943 steel penny with a double lunch S and a faded 4, I have a 1943 steel wheat penny with no mint mark but the 4 in 1943 is almost gone. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable. We are using cookies to give you the best experience on our website. I believe $300,000. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. One of the most unusual pennies produced by the United States Mint was the "1943 Silver Pennies." By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. There will be an extensive offering of 1943 coppers and 1944 steel cents in the upcoming FUN auction by Heritage in Tampa during January 2016. Here are the search results of the thread What is the error on the 1943 D steel penny? I would like to know there vaule. Sometimes, using a magnifying glass, youll see that the first D mark is faint. In that war period, the US had scarce metal resources. A 1943 penny with no mintmark under the date means it was struck in the Philadelphia Mint. Indeed, they are listed with regular issues as if they are regular issues that are required for complete sets of Lincoln cents by date (and U.S. Mint location). What is the error on the 1943 D steel penny? 1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. Sticks to magnet => made of steel => one of the _billion_ or so minted that year => only worth a few cents. Some coins in this grade can feel smooth if you touch them. It has an MS 62 because of its excellent luster. If you disable this cookie, we will not be able to save your preferences. To help the war effort by eliminating copper from U.S. pennies, the United States Mint came up with a new metallic composition for the one-cent piece. Original Price 985.99 Any 1944 steel with problems is worth much more than any regular issue Lincoln cent with analogous problems. (15% off), Sale Price 837.26 Broken down by each mint, the individual mintages are as follows: Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. These are probably the only Lincoln cent errors as neat as the Simpson transitional sets. Because much copper was required for military purposes, it was decided that the one cent coins (pennies) of 1943 would not contain any copper. One was just sold for a lot of money. Unfortunately, a regular 1943 steel penny is worth only a few cents. I have Lincoln penny 1944 D copper, 1943 steel penny and Indian head penny 1905 steel. Any idea what that means or the value? What are the errors on a 1943 D steel penny? That price was considered extremely strong at the time, though understandable as 20th century U.S. coins are rarely struck over already minted foreign coins. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. Getting a 1943 steel penny with errors makes it sell for more money. The exact same error, however, in the same PCGS holder, with the same MS-62,grade, earlier realized $10,925 in the FUN auction of January 2006, when markets for rare U.S. coins were booming. They will be able to give you an educated opinion before you invest the money in having it authenticated by a third-party grading service. In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. Indeed, there are multiple Philadelphia Mint 1943 copper and 1944 steel cent errors in this one auction. Johnson 1/3/1944 invoice on the Newman Numismatic Portal, then to J.V. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. To enable personalized advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. Also, the looks of this coin confused some people who werent keen on details. WebThis 1943-S Jefferson 5-cent coin struck on a zinc-coated steel cent planchet intended for a 1943 cent brought $646.25. I have all 1970 coins from 1970 to 1980. See some more details on the topic What is the error on the 1943 D steel penny? WebFind many great new & used options and get the best deals for 1943 s steel penny,error on back E in states at the best online prices at eBay! Off-metal strikings, from the middle of the 20th century, as a class are not rare. Any idea ? The issue was generally struck on zinc-coated steel, They were specified to be zinc-coated steel. While 1943 copper cents weigh about 3.11 grams and dont stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! Is your 1943 penny rare? Its because the Philadelphia mint made the highest number. Learn how your comment data is processed. But it has a side profile of a womans face and a flying duck or goose on the obverse. I want to be able to grade and sell most of these the rest if they do turn out to be the real 1943 steel cent pennies I will donate a set of them to the city that I found these in.Now I do say most of them are rusted looking so I know they are not mint condition but they could had been when put in the ammo boxes. Is this worth anything more than face value? Also in the sale of the Geyer Collection in 2013, a Philadelphia Mint, PCGS graded MS-62 1944 Lincoln cent struck on a Philippines five centavo planchet went for $6,462.50. 1943 Copper Penny - Is Yours Genuine or Fake? My husband has 3 steel 1943 pennies identical to the ones shown above. That same 1944 steel cent did sell in the Stacks-Bowers Rarities Night event of August 15, 2013, in Rosemont, for $158,625, an auction record for a 1944 Philadelphia Mint steel cent. Weat penny made in error, ,i beleve in 1943 this penny is cooper, and like 5% led or maby zink. Its in good condition where or how can i find out more about its worth?? Expect the value to rise to 0.35 USD in fine grade, 0.48 USD in extremely fine form, and sell at 1.50 USD in the uncirculated grade. This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. No Mintmark Under Date: Philadelphia Mint Struck the Coin. Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. It will help you get the best bargain in todays market. Its because the double She is a member of the American Numismatic Association (ANA) and holds several certifications. The easiest way to clean a steel penny is to soak it in olive oil. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety,, These are popular with collectors since the 1943 Lincoln cent is an outlier in the series. Just found this penney yesterday. Mix a solution of 2 parts lemon juice to 1 part filtered water. Soak the steel pennies for 3-4 hours.Check the progress of the pennies by gently removing residue with your gloved fingers.Place the coins back in the solution for another few hours if necessary.Remove steel pennies from the lemon juice solution if they are at an acceptable state.More items The artisans from the Philadelphia mint made this error after a regular strike. It has no weight to it? An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. Find out more in our Cookies & Similar Technologies Policy. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. At all three U.S. Mints then in operation, almost five hundred million steel cents were minted in 1943 and more than two billion copper Lincoln cents in 1944. 1999 Penny Sells For $10,000! The highest certified, not necessarily the finest known, was ANACS graded MS-61 then later PCGS graded MS-61. Flying Eagle . The wheat sheaths on the reverse have in-depth details. Hiso i have a silver penny its 1943? Are you looking for an answer to the topic What is the error on the 1943 D steel penny?? , 1913 Liberty Head Nickel. I have two 1944 and 1944 D. And a 1943 Steel Lincoln penny, want to know the value of them. Thank you, I have a 1943 S steel penny, it attaches to a magnet, it is grey, & bronze in color, very good shape, the mint mark S appears a little thicker. The United States Mint accidentally used the wrong planchetmetal when striking the coin. For example, would any expert maintain that a half dollar struck on a cent planchet is a coin? The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. Save my name, email, and website in this browser for the next time I comment. If your 1943 penny sticks to a magnet then it is made of steel. The 1943 steel pennys history has a solid touch with World War II. She is a member of the American Numismatic Association (ANA) and holds several certifications. I have a 1944 D penney and it is not like any ive ever seen the date is surounded by impressions other objects and smaller lettering its as if the coin was pressed on a coin that was already pressed but its not one that looks like any i recognize. Unfortunately, many people alive during the 1940s have now passed away. Some unscrupulous people fake rare coins and will try to sell you a counterfeit 1943 copper penny. It is now PCGS graded MS-62 and remains in Simpsons collection. How much is a 1943 steel penny worth in 2019? There is also a mark above the first 4. I have three 1943 steel penny that seem to be rpm with 1944. are these of any value and how rare. I have horrible eyes, so very hard to tell. Bidding is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking. A half dollar struck on a blank that was prepared to become a quarter would not contain enough silver to meet the minimum specifications of a half dollar. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. Face value: $1. Are all steel pennies stamped VOB? Yes! I am aware of just one instance of anther Lincoln cent errors from the 1940s selling for more than $25,000 at auction, and that piece is particularly distinctive and is likely to be unique. The manufacturing process for producing theplanchetswas also flawed. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? These are common wheat cents. Here are the other top queries that most collectors and coin traders tend to ask. I United States of America the f in of is on an angle from the top of the o to the bottom of the f. If anyone has any ideas about this and can help me figure out what its Worth or want to see some pictures please email me as soon as possible thanks, I have several rare coins but dont know how to check if they are valuable like a 43,14,16,34,64,71,56 etc. Here, the artisans struck the S mark twice. In 1943 they were still minting steel pennies, by 1944 they had switched back to copper pennies. Although these pennies show a brilliant shine, they are considered damaged coins and carry little to no value. Did you know that owning a 1943 steel penny is like having a rare gem? please read the article. 1943 Steel Wheat Penny "War Time" 4 coin lot - Darker toned Steel Wheat Pennies. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. Can anybody tell me what the value of that coin is? So, the mints stopped making Lincoln cents using steel. Most steel pennies are worth between 20 cents and 20 dollars. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. None uncirculated but some in good condition some in not so good condition. Would you happen to know where this penny would have been minted at. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). Many coin collectors include the various 1943 pennies among their larger collections of Lincoln cents. Web1943 S Steel Cent Wheat Penny 1c Cent MINT ERROR - BIG CUD DIE BREAK rare #43201 $35.99 Was: $39.99 Free shipping SPONSORED 1943 S Steel Cent Lincoln Wheat Cent 1c OFF CENTER - ERROR Very Rare #39525 $134.99 Was: $149.99 Free shipping 14 watching SPONSORED 1943 Steel Cent Lincoln Wheat Cent 1c OFF CENTER - ERROR $800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES, What Is The Error On The 1943 D Steel Penny? 7.65, 9.56 Perhaps six to eight 1943-S copper cents survive. Laura: Its very unlikely to be the same item. Is there a place or someone I may send a picture to help me figure out just exactly what this is. Walking Liberty half dollars are very popular. Such coins are still attractive. Are 1944 steal pennies worth much in excellent condition ? Yet the coin has a vital connection to an international historical event. Let the pennies sit in the oil for several minutes. The short story is that Denver struck a bit fewer than 218 million cents in 1943, so theyre not rare. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. It is because of going through various hands of trade. But is worn and not wheat back. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. So, this history makes collectors yearn to add the coins to their list. Even if they are old, youll need a magnifying glass to see any possible marks on them. The best way to identify this coin is to notice a very distinct and, Most steel pennies are worth between 20 cents and 20 dollars. need to find out about my 44 copper pennys the last 4 look like its been stamp over the 3 its like 43 been made to 44 like to get them check out, I have a 1944 D zinc? The cataloguer reveals that the consignor has had this piece for more than twenty-five years and that it has only recently been submitted to PCGS. Most coin collectors treasure it because of how the US fell for its final look. There are many types of wrong denomination errors that are also off-metal errors. Also, members of the general public tended to dislike 1943 steel cents. I have been trying to collect all pennies from 1980 and older. The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. If you come across a 1943 steel cent in fair shape, it is unlikely to be worth anything. According to USA Coin Book, the Lincoln pennies are worth 33 cents or less in average condition. A set of 1,380 steel pennies produced in 1943 sold for a total of $280.50 after 60 bids on eBay recently, despite the grades not being clear. Simpsons piece is the highest certified. Items fitting the description you provided are most commonly made by Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! The reason is that the1943 copper pennyisan error coin. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. By Joshua McMorrow-Hernandez for Gainesville Coins . There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Read our Cookie Policy. In 1943 the United States was preparing for war in Europe and the Pacific. Professional Coin Grading Service (PCGS) - www.pcgs.com. How much a steel penny is worth is very dependent on the condition of the coin. Pennies Worth BIG MONEY Found In Circulation. If you get the Philadelphia 1943 steel penny, it has no mint mark. The premium service call is an option available for a phone call, zoom call, or otherwise tricky or extremely detailed questions. If in excellent condition, the sheaves attract many miners and collectors. Ms65 or higher is my guess but not graded, Alan take it to a coin dealer it might be a rare coin. This widely collected variety is worth more than $100 in Extremely Fine 40 and upward of $400 in Mint State 63. Some were intended to be novelty items and are just steel pennies dipped or plated in copper. Required fields are marked *. Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268. Metal was not the only commodity that was critical to the war effort. I am not aware of a prior pedigree. Mint workers first rolled a sheet of steel to the proper thickness. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. $4.30. The Coin: 1943 Lincoln cent error, struck on silver dime planchet, EF-40 The Price: $11,750 The Story: Heritages FUN auctions had multiple 1943 Lincoln cent errors. These have a neat off-white appearance, and the just mentioned piece is more intriguing than 1944 steel cents. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Every collector should have excellent coin-grading skills. On January 24, 2013, that PCGS graded MS-64 1944 steel cent did not sell and a commitment to pay at least $199,750 would probably have been required to acquire it at that time. If relevant buyers thought a steel Walker was a coin, it would be worth more than a million dollars. How much is a 1943 steel penny error worth? Also as the article states: there are still millions of collectible 1943 pennies out there. Next, remove the penny and gently apply a cotton swab to the surface. Information related to the topic What is the error on the 1943 D steel penny? Below is a table with a helpful guide to todays prices of 1943 steel pennies. The San Francisco mint made them in the lowest numbers. WebThis video is all about the 1943-S Steel Pennies or the Bronze version worth $504,000! Supposedly a 1911 and a 1927 also exist. Though the war was still on, the US collected the metals from their military training areas. The collectors who are willing and able to pay large sums for 1943 coppers and 1944 steel cents regard them primarily as coins, off-metal alternatives, rather than as pieces that should have been rejected. It doesnt seem like it could be a mark from anything other than a press that may have had a piece of debris that got pressed and caused the mark. Looks like it was plated with silver or steel but its thrashed. Being that there are no more 1944 Lincolns being produced, USA Coin Book Estimated Value of 1942-D Lincoln Wheat Penny is Worth, What'S The Difference Between Proactive And Proactiv Plus? His hair appears to have amazing curls. Beware that there are many fake 1943 copper pennies. These materials, including copper and nickel, were used for producing ammunition and artillery. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. When they became dislodged, they were mixed with the regular zinc plated steel planchets and processed through the coining presses. Turning off the personalized advertising setting wont stop you from seeing Etsy ads or impact Etsy's own personalization technologies, but it may make the ads you see less relevant or more repetitive. If you have it with the highest mint state, the coin can earn you around 5.63 USD. A Flawed Manufacturing Process by the U.S. Mint, Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing, Kennedy Half Dollar Values and Prices (1964-2015), Lincoln Memorial Penny (1959 to Today) Values and Prices. But, although they are uncommon, they are hardly rare. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. After all, the just mentioned Geyer 1943 Lincoln is one of more than ten 1943 Philadelphia Mint coppers.
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