By putting Lincoln on the penny, Roosevelt felt that he honored Lincoln’s presidential term and legacy. A mint-condition, untouched penny could be worth a … The PCGS price estimate for these coins is $200,000-300,000. Nearly all circulating pennies at that time were struck in zinc–coated steel because copper and nickel were needed for the Allied war effort. A 1944 copper wheat penny with a "D" mark also has an average value of 15 cents, but it is only worth up to $6 in mint condition. * Does not include war issued steel cent from 1943. To find out about coin experts in your area, you may call the American Numismatic Association at (719) 632–2646. Total Produced: 0 [?] The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. The 1944 steel wheat penny is worth between $75,000 and $110,000, depending on its condition, while the 1943 copper wheat penny is worth between $150,000 and $200,000. Coin experts speculate that they were struck by accident when copper–alloy 1–cent blanks remained in the press hopper when production began on the new steel pennies. Due to its high economic value, it is a type of variant that is very falsified either by the copper plating of a 1943 Lincoln Steel Penny or by modifying the dates of the 1945, 1948 and 1949 Lincoln Pennies for the rarer date of 1943. The mint mark, when present, can be found on the obverse side of the coin below the date. Copper 1943 pennies has risen dramatically in numismatic value over the years. The coin was sold again in January 2018 for $228,000 by Heritage Auctions. 5 The price of copper on Dec. 10, 2019, was $2.75 a pound. This price does not reference any standard coin grading scale. Make sure your 1943 copper pennies are certified! ** Does not include 35% silver war issued nickels minted from 1942-1945. So when we say average, we mean in a similar condition to other coins issued in 1943, and mint state meaning it is certified MS+ by one of the top coin grading companies. * Values are for problem-free coins (no cleanings, holes, porosity, etc.) The 1943S(steel) is worth between .40 and 1.00, depending on condition. (Redirected from Steel penny) 1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. We use user submitted pictures please read that article if you are interested in adding your own. Thank you for signing up with United States Mint! You have the start to a great coin collection, have fun and good luck. Mint Mark: No mint mark Face Value: 0.01 USD Also, click here to Learn About Grading Coins. During that year, the pennies minted were supposed to be steel or war pennies. For example, one 1943-D copper penny commanded a whopping $1.7 million when it sold at an auction in 2010. Altered 1948 Lincoln Cent If your 1943 copper colored penny doesn't stick to a magnet, then use a magnifying glass to look at the date. [?]. 10 Most Valuable Walking Liberty Half Dollars. Additionally, watch out for fake 1942 copper pennies that are actually just copper plated steel pennies of that same year. Historic value is high. Image via Flickr/P Lo. As of January 21, 2014, a pre-1982 cent contained 2.20325 cents' worth of copper and zinc, making it an attractive target for melting by people wanting to sell the metals for profit. Click here to Learn How to use Coin Price Charts. He asked the U.S. Department of the Treasury about it, only to be told it was fraudulent. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies. Special Grading Qualities Find 1943 Penny Value. In 2015, the estimated value for a 1943 copper wheat penny is roughly between $60,000 and $85,000. Circulated 1943 steel cents are worth only a dime or so. The U.S. Copper Penny Melt Value Calculator, located below, will help you in finding the total copper value and total copper content of your pre-1982 United States Lincoln 95% copper cents. The mission of the U.S. Mint is to serve the American people by manufacturing and distributing circulating, precious metal and collectible coins and national medals, and providing security over assets entrusted to us. There are about a dozen known genuine 1943 copper cents. Free shipping on many items | Browse your favorite brands | affordable prices. Examine the overall color of the 1943 penny. A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. Silver Content: 0% © 2019 United States Mint All Rights Reserved. 6 That meant the copper in each penny was worth about 1.7 cents. Even if your 1943 penny is made of steel, it could be worth more than its face value. National Law Enforcement Memorial & Museum Coin, 2021 United States Mint Proof Set® Available March 5, Final America the Beautiful Quarters® Three-Coin Set On Sale February 19, United States Mint 2021 Native American $1 Coin Products on Sale February 16, United States Mint Releases 2021 American Eagle Silver Proof Coin with ‘Heraldic Eagle’ Reverse on February 11, 2021 United States Mint Congratulations Set Available February 11, For information about the United States Mint, please visit the. A subsequent piece sold for $10,000 at an ANA convention in 1981. A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. **When we say that 0, of these coins were produced or minted in 1943 this number doesn't always match the actual circulation count for this coin. Only a couple dozen pieces were made, and each is worth about $100,000. During Abraham Lincoln’s centennial of February 1909, Roosevelt decided to choose Lincoln as the face of the penny. People are also much too willing to accept that any piece of metal that is brown, says 1943, and looks like a wheat cent has to be an authentic 1943 bronze or copper penny. The zinc cent weighs 2.5 grams. The 1943 penny is one of 20 that were accidentally minted when the federal government was trying to conserve copper for World War II. A rare copper penny, considered a 'holy grail' in coins, has been found in … while one in certified mint state (MS+) condition could bring as much as $85,782 at auction. Numismatic Value: $60047 to $85782.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $60047, The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. The highest amount paid for a 1943 copper cent was $82,500 in 1996. . Other 1943 copper pennies routinely sell for $100,000 to $200,000. It�s not hard to copper plate a coin; scam artists do it quite often. No matter the cause, 1943 copper pennies now sell for just under $100,000 each, according to our resources. A copper penny dated to 1943 is likely to be worth approximately $85,000 if it's in good condition. USA Coin Book Estimated Value of 1943-S Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $240,271 in Average Condition and can be Worth $565,610 or … The 1944 steel wheat penny is worth between $75,000 and $110,000, depending on its condition, while the 1943 copper wheat penny is worth between $150,000 and $200,000. If you have one of these, let us know! If it does not stick, the coin might be of copper and should be authenticated by an expert. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $419,070 in Average Condition and can be Worth $843,255 to $2,142,342 or more in Uncirculated (MS+) Mint Condition. Approximately 40 1943 copper–alloy cents are known to remain in existence. The 1943 bronze (copper) penny like this one is among the most valuable of rare pennies. Yes, a copper 1943 penny really is worth an average of $85,000. No matter the cause, 1943 copper pennies now sell for just under $100,000 each, according to our resources. In fact, a steel 1943 penny is worth up to 50 cents . The 1943 Lincoln penny is one of 15 zinc-coated copper pennies to have been minted during World War II. When copper reached a record high in February 2011, the melt value of a 95% copper cent was more than three times its face value. Whoever didn't get that no-copper memo in 1943 is now responsible for creating some of the most valuable coins in all of history. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. If it does, your penny is worth about 15 cents as a novelty item. Use a magnet to verify the coin�s metallic composition. Technical and aesthetics grading determines value to collectors. Get the best deals on 1943 Lincoln Wheat Copper Small Cents when you shop the largest online selection at eBay.com. 1943 copper pennies (any mintmark) – Perhaps 25 to 40 known; $125,000 to $1 million+. 4 It contains about 2.95 grams of copper, and there are 453.59 grams in a pound. The 1943 copper wheat penny is an extremely rare coin. Calculate by quantity, rolls of pennies, face value, or total weight. The record for a 1943 copper cent was $82,000 for a nice uncirculated coin minted at the Denver Mint, the only one known with a D mint mark, making this the rarest of all the known 1943 copper cents. Rare 1943 bronze penny sold for $200,000 Heritage Auctions, HA.com He asked the U.S. Department of the Treasury about it, only to be told it was fraudulent. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. CoinTrackers.com has estimated the 1943 Copper Wheat Penny value at an average of $60047, one in certified mint state (MS+) could be worth $85,782. Year: 1943 How to tell if you have one, how to find it (and other rare pennies) & how to spot a fake 1943 copper penny. If the coin is in poor condition, it is valued toward the lower amount; in perfect condition, it can bring closer to $85,000. Examine the overall color of the 1943 penny. A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. Uncirculated 1943 pennies are worth significantly more than the prices listed here. The highest amount paid for a 1943 copper cent was $82,500 in 1996. If it is a silvery gray color, it is probably a steel penny. Only a few 1943 copper pennies were minted, all of which would have been released by error into the coin supply. A list of linkable tags for topics mentioned on this page. A grade defines its state of condition and is used by collectors to help judge its worth. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Miller said 10 to 15 of the 1943 copper pennies exist today. In 1908, Theodore Roosevelt, approved the design of a new cent. In fact, this “error” copper coin is known to be over $1 million, nearly $2 million. The Australian penny coin was a small circulating denomination of the Australian Pound.It has the same dimensions and composition as the British pre-decimal penny, from which it is derived (for a time, the coins circulated in parallel and were interchangeable in Australia - but not in the United Kingdom; the currencies were fixed at par).It was worth one twelfth of an Australian shilling … this million dollar cent was a 1943 copper San Francisco mint penny and was graded 62 out of 70. Warning: Many 1943 Copper Pennies are fakes. Here is how to determine if your coin is worth $1 or $100,000. If it looks more like a common brownish penny, it may be one of the rare copper 1943 … It can be worth an amazing sum, but it must be COPPER not STEEL (the common ones are steel). Make sure your 1943 copper pennies are certified! The record price for a 1943 copper (aka bronze) cent is $329,000 in 2015 for an AU55BN coin. A sideview of Lincoln is portrayed on the front of the coin. If it sticks to the magnet, it is not copper. While 1943 copper cents weigh about 3.11 grams and don’t stick to a magnet, the more common steel cents (which weigh 2.8 grams) adhere to a magnet. Even if the coin you believe to be a 1943 copper cent checks out with your own tests—meaning it is NOT magnetic and weighs about 3.1 grams and appears to have an unaltered design (notice all the “ands,” not “ors” here)—then you should consider having it authenticated by reputable third … Copper was used for bullets, wiring, etc for the war effort. If the coin sticks to the magnet, it�s a copper-plated steel, and therefore a fake. The 1943 copper cents are extremely rare and valuable. Contursi paid $72,500 to acquire the coin and related correspondence file. Although about a dozen genuine 1943 copper cents are known, specimens from the San Francisco Mint are the rarest of them all. Just as the Jefferson Nickel five-cent coin saw the removal of nickel from its composition in 1942 to preserve the metal for artillery production, so, too, did Lincoln Wheat Penny coins in 1943.Copper was completely eliminated from the denomination’s composition, in favor of a one-year-only type featuring a zinc-plated steel composition. Both 95% copper & 97.5% zinc cents were minted in 1982. resorted to the use of zinc-coated steel for cents. A one-of-a-kind 1943 U.S. penny struck in the wrong metal was sold by a New Jersey dealer for $1.7 million, with the proceeds going to charity. United States Mint – Connecting America through Coins. (see details)... (adsbygoogle = window.adsbygoogle || []).push({}); Type: Copper Wheat Penny Coin analysts suggest that copper plates from 1942 may have been tested or left mixed amongst the other steel plates, thus creating the error. The US minted the 1943 steel penny with no mint mark and also the 1943 D steel penny and 1943 S steel penny. 1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. Believe it or not, some are worth much more than that! Type: Wheat Penny Year: 1943 Face Value: $0.01 Composition: 99% steel with a thin zinc coating Total Weight: 2.70 grams. For the best and most secure experience in our catalog, please update your browser. Please keep that in mind. Owing to a shortage of copper during the critical war (WWII) year of 1943, the Treasury Dept. Your browser is out of date. If it is a silvery gray color, it is probably a steel penny. There are only about a dozen authentic 1943 bronze cents that have been documented. Type: Steel Wheat Penny Year: 1943 Mint Mark: No mint mark Face Value: 0.01 USD Total Produced: 684,628,000 [ Silver Content: 0% Numismatic Value: 45 cents to $10.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 45 cents, while one in certified mint state (MS+) condition could bring as … Warning: Many 1943 Copper Pennies are fakes. Jun 13, 2017 - Heard about the rare 1943 penny worth 6 figures? A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. Roosevelt considered Lincoln to be one of his biggest idols, hence why he chose him. A 1943 penny is unique in the numismatic collectible group of wheat cents. in circulated condition unless otherwise specified. According to the American Numismatic Association, the 1943 copper–alloy cent is one of the most idealized and potentially one of the most sought–after items in American numismatics. The copper cent weighs 3.11 grams. A 1944 copper wheat penny with a "D" mark also has an average value of 15 cents, but it is only worth up to $6 in mint condition. 'Holy grail' rare penny might be worth $1.7M after it was found in boy's lunch money. SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. A pre-1982 penny consists of 95% copper and 5% zinc. Call or visit your local coin dealer for more information. A subsequent piece sold for $10,000 at an ANA convention in 1981. About; Tours & Facilities; Production & Sales Figures; Reports; Leadership; Careers; EEO Program; U.S. Mint/; About; About the United States Mint. If it looks more like a common brownish penny, it may be one of the rare copper 1943 pennies.
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