They decided on using steel for the base metal and plating it with pure zinc. Is My Penny Solid Copper or a Copper-Plated Zinc Cent? During World War II, the war effort required a lot of copper to make shell casings and munitions. 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). If your 1943 copper penny does not stick to a magnet and the last digit in the date "3" does not look like it was altered from a 1948 penny, then you should seek a second opinion from a qualified coin dealer for a professional opinion. $18.99. Metal was not the only commodity that was critical to the war effort. Due to a lack of copper during World War II, the U.S. government issued steel pennies with a zinc coating to replace the traditional penny. If you have a silver colored penny, it is not really made of silver, but rather from steel. Many of these coins were then spent and ended up in circulation alongside genuine Lincoln cents. The 1943 in MS68 lists at $2,250, the 1943-D in MS68 goes for about $2,150, and the 1943-S in MS68 trades for around $4,250. And the bottom right image is the rare and authentic 1943 bronze wheat penny. A very small handful of copper-based pennies were minted during 1943 as a result of an error at the mint. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. There are a few very valuable error coins produced in 1943. They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated. Beware of fake counterfeits - as this is one of the most counterfeited of all US coins. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. You can test your penny yourself by seeing if it sticks to a magnet. People have made fake 1943 copper pennies and try to sell them off as if they are authentic. Over time, people would find these copperplated steel pennies and think that they found a rare mint error. Simpson previously bought the 1943-D bronze cent that the same dealer sold to him for a record $1.7 million in 2010. She is a member of the American Numismatic Association. … If the 1943 D steel wheat penny is in good condition and contains a double die error, meaning it contains a double stamp of the year, it is worth up to $1300. Also appears what looks like 2 fake aluminum pennies, most are really beat up and some with rust, not worth $15 in my eyes just because they are old. I am so glad that I … They are in a case, and it is well presented. Mint workers first rolled a sheet of steel to the proper thickness. In 1943, the composition for the Lincoln cent changed to Zinc plated Steel. 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 much as $10 at auction. The manufacturing process resulted in bare steel exposed on the edge of the coin. In 1944 the mint switched back to using copper to produce the pennies. The magnet test can be used to easily tell a fake from an original. She is a member of the American Numismatic Association. The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. Coins worth millions of dollars inevitably mean scams and fraud. The unique composition of the coin has led to various nicknames, such as wartime cent, steel war penny, and steelie. The top right image shows a common steel cent that someone has coated to make it appear bronze. 1943 Lincoln Steel Penny Wartime Emergency Issue Frame is rated 5.0 out of 5 by 1. Got one penny that was 1954, so not full roll of 1943 pennies technically. See more ideas about 1943 penny, penny, rare coins worth money. Most critical of all was gasoline. In 1943 all pennies minted by the United States mint were made out of zinc plated steel because the United States needed copper for World War II supplies. Most experts believe that there are still a few yet to be discovered! 1943 Lincoln Steel Cent Penny Set PDS Mint WW2 Warhawk Fighter Plane World War Weighs less than 3 grams – 1943 copper pennies weigh about 3.11 grams, while the 1943 steel penny weighs 2.7 grams. The next two columns list the buy price and the sell value for an average uncirculated. find out if your 1943 copper penny is genuine. A Note on 1943 Pennies. During World War II, the war effort required a lot of copper to make shell casings and munitions. Free shipping (50) 1943 Steel Cent Penny Rolls US Coins P D S Wheat Pennies WWII Cents Lincoln. I found an old steel coffee can about half full of wheeties, I bought it and separated out all of the steel cents, I generally put all the steel cents in some mild soap and water to soften the rust and then rinse them and put them in a mild solution of Tarnex and water.. The top left image shows the common 1943 penny made of zinc and steel. Which is why fraudsters try to trick the unsuspecting coin collector. Moisture came in contact with the coins as they circulated in commerce. In fact, it may be one of the most valuable pennies ever! There are a few 1943 rare wheat pennies, but most 1943 wheat pennies are not rare. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. 'Holy grail' rare penny might be worth $1.7M after it was found in boy's lunch money. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets . Did someone at the mint make a typo? Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more. Read on… I’ll also tell you what 1943 silver pennies are actually made from — and we’ll discuss the rare, valuable 1943 copper penny below as well.. How To Spot A Rare 1943 Penny. Fortunately, Lincoln cent experts at third-party grading services can tell the difference by closely inspecting the coin under a stereo microscope. The elusive 1943 Copper cent. What's also funny about the penny unlike all my other '43 pennies is that there's no trace of rust. Next, the steel sheet was plated with zinc and passed through a blanking press. When they took these coins to a coin dealer, the coin dealer would hold a magnet over the penny, and the steel underneath the copper plating would attract the penny to the magnet. 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. The highest amount paid for a 1943 copper cent was $82,500 in 1996. I have a shiny silvery penny dated 1974. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. At one time genuine 1943 Steel pennies were copper plated and sold as novelty items at coin shows and flea markets. They were made this way due to the preservation of copper for ammunition in WWII. The most recent sale of a 1943 copper penny was of the finest-known example of a 1943-S ... the “8” in an attempt to fake the 1943 date. The process is relatively easy. Learn more about your silver-colored 1943 Steel Penny. In fact, it has almost no ferromagnetic properties at all! Steel was temporarily used in place of copper in 1943, the US desperately needed copper for the war effort. 1943 steel cents, these however are not easily tested. Most people believe that all pennies ever produced by the United States Mint are made of copper. Rated 5 out of 5 by weeza6 from EXCELLENT PURCHASE I got these coins just yesterday. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Most numismatists believe that a few copper planchets from 1942 got caught in a crevice in the tote. The first column lists the date and mint mark followed by the buy price, and the sell value for an average circulated Lincoln Wheat penny. Free shipping on many items | Browse your favorite brands ... 1943 Steel Penny Roll P-D-S (50) Fifty Steel Cent Lincoln Cent. The blanking press punched coin blanks punched out of it. Thankfully, there are several telltale signs to spotting a fake 1943 copper penny: Sticks to a magnet – if your 1943 penny does stick to a magnet, it’s really made from steel and is not rare. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. And this is a good thing — I love telling people the story behind 1943 pennies and what they’re worth!. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. Even though the “Steelie” was not popular at the time, today the steel cent is prized by collectors. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. Although they are uncommon, they are hardly rare.
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