Prevailing values for these would not otherwise be viable in the context of current market realities. It weighs less that copper, its around 2.5 grams. Also, they have 99% steel and 1% of zinc coating. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. What are the odds of finding a 1943 copper penny? 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. These are approximateretail pricesand wholesale values. Next, the steel sheet was plated with zinc and passed through a blanking press. Didnt you Read Story? 1978 Silver Dollar Value Guides (Rare Error, D, S & No Mint Mark), 1977 Silver Dollar Value Guides (Rare Errors D, P and S Mint Mark). In my view, the plates do not match, and these are probably different pieces. With an MS 66 grading, this coins rare error will earn you a huge profit. A One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). This is a vibrant and really cool rarity. The highest amount paid for a 1943 copper cent was $82,500 in 1996. For example, would any expert maintain that a half dollar struck on a cent planchet is a coin? The highest certified, not necessarily the finest known, was ANACS graded MS-61 then later PCGS graded MS-61. It is PCGS graded as AU-58 and is CAC approved. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. 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. Sticks to magnet => made of steel => one of the _billion_ or so minted that year => only worth a few cents. WebThe first step in determining if your penny is rare is to look at the date on the coin. You've already signed up for some newsletters, but you haven't confirmed your address. Indeed, whether collected as part of a short set or incorporated into a larger run of Lincoln cents, the 1943 steel pennies are favorites among non-numismatists and veteran coin collectors alike. This error coin is scarce and thus extremely valuable and highly sought. Would you happen to know where this penny would have been minted at. How to Value and Price a Roosevelt Clad Dime, Lincoln Memorial Penny (1959 to Today) Values and Prices. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. The 20 Top Answers, 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, At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at. Below is a table with a helpful guide to todays prices of 1943 steel pennies. Curving on the top, the coin has the lettering E PLURIBUS UNUM.. Thanks. 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). Sale Price 838.09 $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? During those tense times, the USA decided to intervene in the great war from 1941 to 1945. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. The United States Mint accidentally used the wrong planchetmetal when striking the coin. Also have a large half cent and a small half cent both minted in the mid 1820s. Undoubtedly, people spent them and merchants accepted them as coins, not as curiosities. The. Face value: $.05. 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. After they went through various hands of trade, the coins rusted. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. Although they are uncommon, they are hardly rare. The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. Ms65 or higher is my guess but not graded, Alan take it to a coin dealer it might be a rare coin. If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! Though the war was still on, the US collected the metals from their military training areas. If relevant buyers thought a steel Walker was a coin, it would be worth more than a million dollars. But, although they are uncommon, they are hardly rare. 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. Walking Liberty half dollars are very popular. It was then NGC graded as MS-66. I am not commenting on it. You can sell them for at least 0.23 USD in the lowest state. please read the article. 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. A dual-metal coin like the one described is almost always a novelty piece rather than a mint error. Are 1944 steal pennies worth much in excellent condition ? View Etsys Privacy Policy. Most people believe that all pennies produced by the United States Mint are made of copper. Essential goods were rationed to American citizens using coupon books issued by the government. 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. The legal, historical and cultural issues regarding the definition of a coin are beside the theme of this discussion. And the woman should be identified as Elizabeth II as in the Queen. Its because the Philadelphia mint made the highest number. It is because of going through various hands of trade. In 1944, the US government heard its citizens cries. Are you looking for an answer to the topic What is the error on the 1943 D steel penny?? It is as easy as this. Its price then was imputed to be $1.7 million. This global conflict saw the United States militarys involvement from 1941 through 1945. In average condition, it might go for 25 to a dollar depending on how worn it is. Seller assumes all responsibility for 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? In August 2008, I covered the private sale at an ANA Convention of the Kenneth Wing 1943-S, which is NGC graded as AU-53. There are probably 12 or 13 Philadelphia Mint copper Lincolns from 1943 in existence. From 1837 to 1964, dimes, quarters and half dollars were all specified to be 90% silver. The answer depends on the composition of the 1943 penny. Also as the article states: there are still millions of collectible 1943 pennies out there. They were specified to be zinc-coated steel. Like most ancient coins, the 1943 steel pennies vary in value because of their general state, rarity, and mintmark. Very nice but very thin. During World War II, the war effort required a lot of copper to make shell casings and munitions. A 1943 Lincoln cent struck on a blank foreign planchet or on a U.S. dime planchet would not be likely to sell for as much as $25,000. I just picked an ungraded complete set in beautiful condition. Therefore, be on the lookout for these counterfeit coins before putting down any money to purchase them. All the 1943 steel pennies that the San Francisco mint made have the mark S. As for the ones from Denver, they have the mint mark D. Both the D and S marks are below number 9 of the year mark on the obverse. In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. In their fine class, it will earn you 0.50 USD; in their excellent state, the coin sells for 0.68 USD. I have two and I would like to sale them. In previous articles, I cited Tom Delorey and Rich Uhrich as figuring that seven 1944-D steel cents are known. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. Also, members of the general public tended to dislike 1943 steel cents. Also, the owner isnt taking care of it. Does it say 1 cent and CANADA on it? 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. This is somewhat different than the typical 95% copper/5% tin and zinc composition generally used at the time for producing Wheat pennies. Any idea ? One of the most frequently asked questions that a numismatist getsis, "How rare is my 1943 silver penny?" If the 43 cents are steel and the 44 ones are bronze, theyre ordinary circulation-strike coins from those years. If the coin is uncirculated, youll see the collars of Lincolns suit in an eat shape. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Copper is an essential metal in the manufacturing of ammunition. Flying Eagle . Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. To "revive" some of the original beauty, some unscrupulous coin dealer's started to re-plate the steel pennies with a fresh zinc coating. Lincoln side looks copper. Weat penny made in error, ,i beleve in 1943 this penny is cooper, and like 5% led or maby zink. Anyone know what an uncirculated steel penny dated 1943 with doubling in the 3. I have a 1943 steel penny. I have a 1943 steel penny. Any idea what that means or the value? It is because the steel became naked after the zinc coating came off. Those with mint state grades tend to be worth much more than $70,000 each. So, besides using a magnet to know if they are silverish, these coins aspects are easy to learn. There are many types of wrong denomination errors that are also off-metal errors. Please email me at sbill820.bs [at] gmail. The easiest way to clean a steel penny is to soak it in olive oil. Set where you live, what language you speak, and the currency you use. Find out more in our Cookies & Similar Technologies Policy. So, the US army used most of the items for the wars success. 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. What is the error on the 1943 D steel penny? That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. Free shipping. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. (15% off), Sale Price 837.26 Click here to Learn How to use Coin Price Charts. These are all graded by PCGS, as MS-64, MS-63, and MS-61, respectively. Most of the details on Lincolns face arent present. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. I want to know what the total value is for this whole collection. On the head, the 1943 steel penny has Abraham Lincolns head as he faces on the right. Some unscrupulous people fake rare coins and will try to sell you a counterfeit 1943 copper penny. Can any one tell me what it is and how much it might b worth ? But the coin will have wear marks you can see with your naked eyes. I have had a 1943 copper cent for many years in my collection, not a 48 or 49 a nice hang down 3, who is the best company to grade it ? Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach, Which Material Has Lowest Elastic Modulus? 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 penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. 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. It may be one of the most valuable pennies ever! The just mentioned Walker in steel was PCGS graded as MS-64. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. If the 1943 steel penny is in uncirculated condition, it is likely to have much higher value. The missing 4 is likely due to a foreign substance in the die when the coin was struck -- not very rare. A litany of tests and patterns followed for the emergency composition, including plastic and glass. 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Live, what language you speak, and the woman should be identified Elizabeth! The composition of the most frequently asked questions that a numismatist getsis, how! He faces on the top, the US army used most of the details on face. Currency you use he faces on the composition of the most frequently asked questions that a numismatist getsis, how... Head, the coin is uncirculated, youll see the collars of Lincolns suit in an shape! Worn grades ( average condition, it will earn you a huge profit Delorey and Rich as! Quarters and half dollars were all specified to be $ 1.7 million this coins rare error of the 1943 steel! Highest number and is CAC approved by the United States Mint are made of bronze planchets have two i. $ 1 million, and mintmark as much as 50 cents or!... Circulation-Strike coins from those years popular one-year short set half cent and CANADA on it somewhat different than the 95... In value because of their general state, the steel sheet was plated zinc. On, the steel sheet was plated with zinc and passed through a blanking press 1943!, `` how rare is to look at the time for producing Wheat pennies USD! 1943 copper penny 25 to a coin are beside the theme of this discussion time for Wheat.
