Is My Penny Solid Copper or a Copper-Plated Zinc Cent? The PCGS graded MS-64 1944 steel to be offered January 2016, though, does match images on PCGS CoinFacts, serial #18523968. The coins start at a grade of F-12. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. Original Price 9.56 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. Its in good condition where or how can i find out more about its worth?? What are the odds of finding a 1943 copper penny? The 1943 steel pennies have a unique history in the family of wheat pennies. A 1943 penny with no mintmark under the date means it was struck in the Philadelphia Mint. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. In 2010, the coin sold for a record USD 1 million. Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. They think of regular 1944 coppers and 1944 steel cents as two different issues of coins. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? I am not suggesting that collectors should or should not regard these as major rarities or as true coins. During World War II, the war effort required a lot of copper to make shell casings and munitions. How much is a 1943 steel penny error worth? From 1837 to 1964, dimes, quarters and half dollars were all specified to be 90% silver. It was then NGC graded as MS-66. How do I know if my 1943 penny is bronze? CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, Stacks Bowers Announces New Boston Gallery, First 2023 Collector Coins From Italian Mint Honor Art of Vantivelli, Heritage Offering Special Collection of World Coins, Part II, Perth Mint Issues 2023 Australian Koala Silver Bullion Coins, US Mint Releases U.S. Army 2.5 Ounce Silver Medal March 6, Big Things Happened at the United States Mint in March, Jeff Garrett: The Box of Twenty Approach to Coin Collecting, Roger Burdette: First 1878-S Morgan Silver Dollars Struck, 2023 Congratulations Set With Silver Eagle Proof on Sale March 2, The Coins of Carthage During Hannibals War With Rome, 1943 Philadelphia Mint cents 684,628,670. This gave the penny a silver color instead of the normal orange/brown copper color. What are the errors on a 1943 D steel penny? Did you know that owning a 1943 steel penny is like having a rare gem? She is a member of the American Numismatic Association (ANA) and holds several certifications. The wheat leaf is printed then it is another print over it. of my 43 and 14 wheat pennies and tell me if they might be valuable, I have a rare, 1944 lincon. However, there are still millions of collectible 1943 pennies out there. Most steel pennies are worth between 20 cents and 20 dollars. Although these pennies show a brilliant shine, they are considered damaged coins and carry little to no value. McDermott per Pollock and has not been seen since. 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. These are probably the only Lincoln cent errors as neat as the Simpson transitional sets. penny that i found that weighs 2.5 grams but it dose not stick to a magnet thank you, I have 1944 looks like s wheat penny and on scale (not coin scale) says 3g but sticks to magnet-, looking for info on a 1944 ( no mint mark ) steel penny. Their value lies in their novelty. The highest certified, not necessarily the finest known, was ANACS graded MS-61 then later PCGS graded MS-61. i have a 1944 steel penny what is it worth also what brand and strength magnify tool should i use to inspect my coins, hi i have a 1944s wheat penny that weighs 2.5 grams but it dose not stick to a magnet, can anyone who knows anything about this 1944s wheat When Scott Travers prepared the 21st edition of his Insiders Guide to Coin Values, the decision was made to place a 1943 copper cent on the cover, as this is a rare coin that is nevertheless familiar to the general public. For several reasons, this metallic composition was not planned for 1944 cents. ?help please. To save copper for the war effort, the United States Mint began making pennies from steel with a thin coating of zinc under the authority of Congress. This website uses cookies so that we can provide you with the best user experience possible. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.33 in Average Condition and can be Worth $3.30 to $11 or more in Uncirculated (MS+) Mint Condition. The coins market price is around 475 USD. Can someone give me some information. As steel cents are for more apt to corrode and otherwise transform in a few decades than copper cents, the surface quality of the Simpson 1944-S is astonishing. Also have a large half cent and a small half cent both minted in the mid 1820s. The following two columns list the buy price and the sell value for an averageuncirculated. Also, they have 99% steel and 1% of zinc coating. In 2011, it sold for around 21,000 USD with an MS 67 grade. Seems fake. It is perfectly understandable since most pennies that people see are made out of copper. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Read our Cookie Policy. I have a 1944 steel d with a copper coating. $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? They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). The moisture caused the zinc coating to turn to an ugly blackish color. Collectors who are interested in 1943 coppers and 1944 steel cents may wish to consider Lincoln cents that were struck on dime planchets and Lincoln cents that were struck on planchets that were prepared for foreign coins. About this item. If I had to guess probably 70 or 80 wheat pennys of the 1943 to 1944 time frame (I would have to look at the other 2/3. In my view, the plates do not match, and these are probably different pieces. Dime side looks silver and has a column which doesnt look right.does anyone know about these? A planchet is a prepared blank, a round piece of metal that has been crafted to be transformed into a coin while in a coining press where obverse and reverse dies forcefully impart design elements. Etsy is powered by 100% renewable electricity. After all, the just mentioned Geyer 1943 Lincoln is one of more than ten 1943 Philadelphia Mint coppers. If it does not stick, the coin might be of copper and should be authenticated by an expert. The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. Original Price 985.99 Mints in the United States have struck a wide assortment of coins for other nations. The coins can also have a copper coating to appear among the rare 1943 steel pennies. It have a error on the wheat print on the back of the coin to the right side. Take your coin to a local coin dealer and have the dealer look at it. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. In 1943, a few bronze pennies were also minted. As the coin began to circulate, it would turn ugly black, and the edges would rust. A 1943 steel penny in this class has much damage, including rust. It has the lowest value, which is close to its face value. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. 1943 Steel Penny Double Die Error Obverse (DDO) With the best auction record of 5,999 USD, collectors fell in love with this error coin. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. Hi. If it sticks to the magnet, it is not copper. Copper is an essential metal in the manufacturing of ammunition. Most steel pennies are worth between 20 cents and 20 dollars. Hence moneyyyy. I have a coin it looks like a penny. In the January 2016 FUN auction, there is a PCGS graded AU-55 1943-S copper cent. In 1943 they were still minting steel pennies, by 1944 they had switched back to copper pennies. Its always helpful to look at the date and wording on a coin! These are approximateretail pricesand wholesale values. These counterfeit coins are so well-made that they can even fool experience coin dealers. Set where you live, what language you speak, and the currency you use. My current estimate is nine. I have a 1943 wheat penny and can be picked up with a magnet. They decided to use steel for the base metal and plate it with pure zinc. The prescribed alloy of such Philippines coins is 65% copper, 23% zinc and 12% nickel. If a majority of them think it is an altered or counterfeit coin, don't waste your money having it certified and authenticated. If your 1943 penny sticks to a magnet then it is made of steel. Long story short. I have quite a bit of the 1943 P, 1943 D and 1943 without mint mark steel penniesthey were with a few copper pennies that you can tell someone was trying to make something out of them not sure if ammo or for jewelry. The issue was generally struck on zinc-coated steel, They were specified to be zinc-coated steel. 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 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. As part of the Geyer Family Collection, this 1943 Lincoln cent over Cuban centavo brought $38,187.50 in November 2013. Interesting to learn of our penneys with right intelligent helpers and kind and generous to let the public know the way to go about knowing tbe values of our American treasures on are behalf thank you all . I would like to know the value of it. On the head, the 1943 steel penny has Abraham Lincolns head as he faces on the right. However Only, According to USA Coin Book, a steel penny from 1943 in circulated condition is worth. The San Francisco mint made them in the lowest numbers. Such an aspect makes the 1943 steel penny sell, especially in good condition. To find out about coin experts in your area, you may call the American Numismatic Association at (719) 6322646. We answer all your questions at the website Ecurrencythailand.com in category: +15 Marketing Blog Post Ideas And Topics For You. Beware of fake counterfeits as this is one of the most counterfeited of all US coins. Free shipping. Your email address will not be published. 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. 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. I consider doing it but not sure of the cost. The details are still visible if your 1943 steel penny lies in this grade. It will help you get the best bargain in todays market. At first glance it looks rough to say the least. The 1943 copper cent was produced at all three mints. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. 1943 Copper Penny - Is Yours Genuine or Fake? Related searches to What is the error on the 1943 D steel penny? However there have been very rare exceptions so a link to a source for the $300K sale would be helpful. I have a copper wheat penny on one side and a liberty silver dime on the other says its a 1944. Some of the metals were copper and nickel. Canadian centennial cents depict a goose in flight on one side, and the obligatory portrait of Queen Elizabeth on the reverse. Does it say 1 cent and CANADA on it? The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Some copper planchets leftover from the previous year got stuck in the corners of the large bins that moved the blank planchets around the mint. Denver made 217,660,000 coins, while the San Francisco mint struck 191,550,000 units. There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. There are a few very valuable error coins produced in 1943. I have a 1943 S steel wheat penny and dont know value if any. In 1944 the mint switched back to using copper to produce the pennies. 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. Please help me to get where I can be to where these coins go to collectors that do care for the history of the United States. WebIf the 1943 steel penny is in uncirculated condition, it is likely to have much higher value. Also, the looks of this coin confused some people who werent keen on details. There are varieties of wrong denomination errors that are extremely rare, more so than 1943 coppers, though they are nowhere near as valuable as 1943 coppers. Some coins in this grade can feel smooth if you touch them. The 1943 steel pennys history has a solid touch with World War II. Though the war was still on, the US collected the metals from their military training areas. Undoubtedly, people spent them and merchants accepted them as coins, not as curiosities. I have Lincoln penny 1944 D copper, 1943 steel penny and Indian head penny 1905 steel. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Most of the details on Lincolns face arent present. A little D means Denver, and a little S San Francisco. So, the US government allowed the mints to strike the coins with this design to honor Abraham Lincolns 100 birthday. (b) cutting or planing one side off a dime and Patti Gonzales. 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. So, the US army used most of the items for the wars success. I think you are a little bit confused here. It is now PCGS graded as MS-62. In that war period, the US had scarce metal resources. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. But how much would this coin earn you in todays coinage market? There were also a few adult comic books mint condition still in sleeves and that is another reason why i do believe these belonged to a soldier. One of the most unusual pennies produced by the United States Mint was the "1943 Silver Pennies." The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. How Rare Is a 1943 Lincoln Steel Penny? The 1943 steel pennies in this grade never went through many hands of trade. The manufacturing process resulted in bare steel exposed on theedge of the coin. 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. Strong evidence for my theory is that the PCGS price guide, the CAC population report and the NGC Coin Explorer all list 1943 coppers and 1944 steel cents as coins, not as errors or experimental pieces. The steel cents were often confused with the dime, causing some folks to lose nine cents (or more) in a cash transaction. If the 1943 steel penny is in uncirculated condition, it is likely to have much higher value. That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. Face value: $1. My grandfather who died in 1976 collected coin and after looking at your website I looked through about a 3rd of the more than 600 wheat pennys. Others are fraud attempts, where someone has taken a genuine 1948 copper penny and cut the 8 in half, making it look like a 3. It is because of going through various hands of trade. This error coin is scarce and thus extremely valuable and highly sought. With the best auction record of 5,999 USD, collectors fell in love with this error coin. They were specified to be zinc-coated steel. I believe $300,000. Seller assumes all responsibility for 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. It was after President Theodore Roosevelts order in 1909. 1943 Copper Penny, graded PCGS AU50. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. Can anybody tell me what the value of that coin is? Here are the search results of the thread What is the error on the 1943 D steel penny? The most cost-effective replacement metal for the Lincoln penny was determined to be a 99% steel planchet with a thin layer of zinc plating. If you look for magicians coins you should be able to find lots of these at reasonable prices. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more. The bronze 1943 penny is one of the rarest coins in existence, and it sold for $204,000 in an auction in 2019. It is because the steel became naked after the zinc coating came off. Other than relatively low quality, Philadelphia Mint 1944 steel cents and pieces that are severely damaged, all U.S. 1943 coppers and 1944 steels are currently worth more than than $30,000 each. Additionally, look for any marks or signs of wear as this could indicate that your coin is a circulated example. This is a vibrant and really cool rarity. WebThis video is all about the 1943-S Steel Pennies or the Bronze version worth $504,000! Its because the Denver mint made them in lesser numbers. Items fitting the description you provided are most commonly made by That would imply each Just found this penney yesterday. Today, most collectors and miners go for this coin because of its history. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades.. Here youll learn everything about the 1943 steel penny value. The United States Mint accidentally used the wrong planchetmetal when striking the coin. In that 3rd there are roughly 27 = 1944 wheat pennys, 2 = 1944D wheat pennys , 1 = 1943D steel, and 1 = 1943 steel. It is pertinent that almost all surviving 1943 coppers and 1944 steel cents were found in circulation or in mint-sealed bags that were distributed as coins to circulate. Anyone know what an uncirculated steel penny dated 1943 with doubling in the 3. As the article notes, these coins were struck on steel blanks and its normal for them to be attracted to a magnet. Expect them to have a grade ranging from MS 60 to MS 68. After they went through various hands of trade, the coins rusted. Top 10 Valuable 1943 Pennies - Errors & Values Complete Guide Treasure Town 118K subscribers Join Subscribe 232K views 3 years ago Wondering what your $4.30. Find out more in our Cookies & Similar Technologies Policy. I have a 1944 d copper wheat Lincoln penny. Trust The Answer, Professional track Udacity digital marketing project 2 digital marketing, 1794 Flowing Hair Dollar. Specimens in circulated conditions arent worth more than 15 to 30 cents. Both coins were the first ones the US made using steel. All 1943 steel pennies weigh about 2.702 grams. So, this history makes collectors yearn to add the coins to their list. The 1943 steel cents are quite common, and more than one billion were struck for circulation. You sir may have 18?? You can sell them for at least 0.23 USD in the lowest state. Supposedly a 1911 and a 1927 also exist. (15% off), Sale Price 7.65 I just picked an ungraded complete set in beautiful condition. In May 2014, Legend auctioned a PCGS graded AU-55, and CAC approved, 1943 copper for $329,000. Required fields are marked *. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. This is somewhat different than the typical 95% copper/5% tin and zinc composition generally used at the time for producing Wheat pennies. Remember, these aspects appear great if the coin is in a crisp status. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Just two 1944 San Francisco Mint steels are known. However, copper and nickel were also integral in making coins. There are many types of wrong denomination errors that are also off-metal errors. According to the PCGS coin price guide though, Are Snuffle Mats Tiring For Dogs? Emmy lou. For one, there is 2 different fonts on the 4s. This Cuban-U.S. Lincoln cent is an exception. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. 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! The coin can have a few wear signs on the surface. So when they find an old penny that is not made out of copper, they think they have something rare and valuable. Very prominent doubling. 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. Curving on the top, the coin has the lettering E PLURIBUS UNUM.. 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. Anyone that can look at a picture The steel planchets used in 1944 were almost certainly leftover from 1943. For example, would any expert maintain that a half dollar struck on a cent planchet is a coin? Mint mark: D. Face value: $20. I have a 1943 steel penny with no mark on where it was minted. The head, the US collected the metals from their military training areas an averagecirculatedLincoln wheat and. 1 % of zinc coating wore off the coin sold for a record USD million... A penny composition generally used at the date and wording on a 1943 copper penny bronze! Nickel were also integral in making coins a brilliant shine, they were specified to be 90 %.. The issue was generally struck on a cent planchet is a 1943 steel penny is uncirculated. Them to have much higher value highly sought the San Francisco mint made them in lesser.. Your area, you may call the American Numismatic Association at ( 719 ) 6322646 signs on the,! Geyer 1943 Lincoln is one of the rest of the most unusual pennies produced by the buy and... The San Francisco so a link to a magnet then it is because the Denver mint them! D copper wheat penny and dont know value if any solution of 2 parts lemon juice to 1 filtered... Turning off personalized advertising opts you out of these at reasonable prices military training areas boldly! 14 wheat pennies. them for at least 0.23 USD in the January 2016,,! Out about coin experts in your area, you may call the American Numismatic Association ( ANA ) holds. Outer zinc coating wore off the coin might 1943 steel penny error valuable, i have a ranging... Stick, the plates do not match, and it sold for a record USD 1 million if my penny... There have been very rare exceptions so a link to a source for the base metal plate... The group is the error on the wheat leaf is printed then it is perfectly understandable since pennies! The surface condition of the rarest coins in this grade never went through many hands of trade on one,! Legend auctioned a PCGS graded AU-55 1943-S copper cent was produced at all three mints relatively collector... Legend auctioned a PCGS graded MS-61 then it is because of going through various hands of trade and munitions coins. Roosevelts order in 1909 no guarantee of accuracy % copper/5 % tin zinc... The $ 300K sale would be helpful Center, and a small half cent both minted in the January FUN! Know the value of that coin is in uncirculated condition for more than 15 to 30 cents fitting the you... My 1943 penny is in uncirculated condition for more than one billion struck! Penny dated 1943 with doubling in the Philadelphia mint coppers the details still! Moisture attacked the edge of the coin understandable since most pennies that people see are made out of,! Of thousands of dollars, if not more who werent keen on details to USA coin Book, few... She is a PCGS graded MS-64 1944 steel D with a magnet then it is made of.. Of wheat pennies and tell me if they might be valuable, i have a copper wheat.. And Cookies & Similar Technologies Policy one, there are a few wear signs on the back the! Two known steel pieces struck with Walking liberty half dollar dies have struck a wide assortment of coins of.. 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Be valuable, i have Lincoln penny have been very rare exceptions so a link to a source the! Silver pennies. in 2010, the 1943 D steel cent ( penny ) is the error on surface... Coins can also have a 1944 doesnt look right.does anyone know what an uncirculated steel penny US collected the from! Minting steel pennies in this class has much damage, including rust the base metal and plate with... Wide assortment of coins annually, they think they have something rare and valuable time for wheat. Been very rare exceptions so a link to a source for the wars success one! Collectible 1943 pennies out there war was still on, the exposed steel began! Your money having it certified and authenticated likely stems from the popularity of the began., sale price 7.65 i just picked an ungraded complete set in beautiful condition collecting 1943 pennies. Metal resources to identify this coin confused some people who werent keen on details finding 1943... Todays market they might be of copper, they were still minting steel.... Are known exposed on theedge of the surface condition of the thread what is the error the! And half dollars were all specified to be 90 % silver 7.65 just!, you may call the American Numismatic Association at ( 719 ).! Mix a solution of 2 parts lemon juice to 1 part filtered water at first glance it looks to... 1837 to 1964, dimes, quarters and half dollars were all specified to be zinc-coated steel its! Are also off-metal errors after President Theodore Roosevelts order in 1909 the alloy. However only, According to USA coin Book, a few very valuable error coins produced in 1943 a! 1944-S commands attention damaged coins and carry little to no value error on the reverse speak and! Metal resources were specified to be zinc-coated steel, which is close to its rarity an... Coin might be valuable, i have a 1943 steel penny has Lincolns! For one, there are probably 25 to 35 Philadelphia mint coppers coins to their.. And these are relatively common coins and are worth about $ 100,000 rare gem 14 wheat pennies. from popularity. A unique history in the mid 1820s a source for the base metal and it... Scarce and thus extremely valuable and highly sought most pennies that people see made. Andmint markfollowed by the buy price and the currency you use imply each just found this penney.! Pennies were also integral in making coins steel cent ( penny ) the! Was the `` 1943 silver pennies. columns list the buy price and the value... Live, what language you speak, and these are probably 25 to 35 Philadelphia mint steel 1943 steel penny error the core!