In order to give you the best experience, we use cookies and similar technologies for performance, analytics, personalization, advertising, and to help our site function. I attended that auction on January 24, 2013. 1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. 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 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. 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. It has the lowest value, which is close to its face value. By most valuable, I mean that such an off-metal Lincoln cent errors is more valuable in a given grade. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Such coins are still attractive. The copper planchets used in 1943 were likely to have been leftover from 1942 or possibly earmarked for 1944 cents. The 1943 D steel penny with the D over D error has the highest record price. I will give one to the person that connects me with the people that graded Bob R Simpsons set. Looking for help on what type of penny it is. of my 43 and 14 wheat pennies and tell me if they might be valuable, I have a rare, 1944 lincon. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. How was the figure of 500 million arrived at? How much is a 1943 steel penny worth in 2019? It is now PCGS graded as MS-62. For several reasons, this metallic composition was not planned for 1944 cents. In their EF class, youll buy or sell such a coin for 1.05 USD. 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. These are all graded by PCGS, as MS-64, MS-63, and MS-61, respectively. 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. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Professional Coin Grading Service (PCGS) - www.pcgs.com. I have a 1938 Lincoln wheat Penney that will stick to any magnet And Ive taken to a coin dealer that put it thew his xray machine and tested it for metals and its made of steel and zink. Then they are sold via general-readership newspaper and magazine advertisements. However, many in the public were less than thrilled with the alternative composition. Yet the coin has a vital connection to an international historical event. But is worn and not wheat back. Read our Cookie Policy. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Shipping, returns & payments. The coins market price is around 475 USD. Thus, alternative metals were considered for minting coins. These coins traditionally consisted mostly of copper and nickel. Weat penny made in error, ,i beleve in 1943 this penny is cooper, and like 5% led or maby zink. Want to know more? How much is a 1943 steel penny error worth? At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1.5 million. This global conflict saw the United States militarys involvement from 1941 through 1945. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. I have been trying to collect all pennies from 1980 and older. I had even thought it was scratched. There are many types of wrong denomination errors that are also off-metal errors. I consider doing it but not sure of the cost. The legal, historical and cultural issues regarding the definition of a coin are beside the theme of this discussion. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, Coin Rarities & Related Topics: Lincoln Cent Errors, Coin Markets #306, Part II of the Joel R. Anderson Collection of United States Paper Money, CoinWeek Podcast #103: Coin Design Highs and Lows with Heidi Wastweet, 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. Can anyone help me out. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). The 8 New Answer, What Will A Good Researcher Do After Formulating A General Research Question? Below is a table with a helpful guide to todays prices of 1943 steel pennies. Expect them to have a grade ranging from MS 60 to MS 68. Etsys 100% renewable electricity commitment includes the electricity used by the data centers that host Etsy.com, the Sell on Etsy app, and the Etsy app, as well as the electricity that powers Etsys global offices and employees working remotely from home in the US. It was unstable and steel cents were unsuitable for use in most machines that accepted coins. 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. (c) fitting the dime into the hollow on the cents back. 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. The values vary with their current status and the mints that struck them. (15% off), Sale Price 7.65 At first glance it looks rough to say the least. How much a steel penny is worth is very dependent on the condition of the coin. The premium service call is an option available for a phone call, zoom call, or otherwise tricky or extremely detailed questions. Every collector should have excellent coin-grading skills. Philadelphias high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. And while the grades were not clear, a set of 1,380 steel cents minted in 1943 sold for a total of $280.50 after 60 bids on eBay recently. Also, counterfeiters in foreign countries have created very deceptive-looking counterfeits. , 1913 Liberty Head Nickel. They were not made for prominent collectors. Not sure what mint or what it is. The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. 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. I have a 1943 D steel wheat penny in my possession and want to know if there is any vaule to it. I cannot find any information on what the markings mean. The United States Mint accidentally used the wrong planchetmetal when striking the coin. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. The only other known 1944-S steel cent is in a PCGS genuine holder. But for a coin this rare, actual sales from auctions or private sales (when available) are the best measure of value, especially as these coins rarely come up for sale. That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. 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. The first 4 is clearly different than the second. They have a better value than the 1943 steel pennies without mint marks. I'm not Curving on the top, the coin has the lettering E PLURIBUS UNUM.. 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. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Did you know that owning a 1943 steel penny is like having a rare gem? I have a 1943 steel penny that weighs 3.04 grams. The blanking press punched coin blanks punched out of it. According to the PCGS coin price guide though, Are Snuffle Mats Tiring For Dogs? Any collector will still fall in love with them. From the middle of 1864 to 1942, and from 1944 to some point in 1982, U.S. one cent coins were typically 95% copper. I HAve a 1943 penny and would like to know if it has any value. The silver pennies have a smooth edge. Please email me at sbill820.bs [at] gmail. Moisture came in contact with the coins as they circulated in commerce. Does it say 1 cent and CANADA on it? If the 43 cents are steel and the 44 ones are bronze, theyre ordinary circulation-strike coins from those years. 838.09, 985.99 A dual-metal coin like the one described is almost always a novelty piece rather than a mint error. Pennies can someone help please. I have Lincoln penny 1944 D copper, 1943 steel penny and Indian head penny 1905 steel. What are the odds of finding a 1943 copper penny? It will be greater if you own a 1943 steel penny with errors. Here is a list of some of the most common 1943 steel penny errors: Off-center strike occurs when the coin is not struck correctly in the center, resulting in an off Yes! The coin can sell for around 0.15 USD when in a good state. I have two 1944 and 1944 D. And a 1943 Steel Lincoln penny, want to know the value of them. One famous 1943 wheat penny coin got auctioned in 2010 at $1.7 million. You can change your preferences any time in your Privacy Settings. 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. The 8 New Answer, Most steel pennies are worth between 20 cents and 20 dollars. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! If in excellent condition, the sheaves attract many miners and collectors. Im curious about the statement At all three U.S. Mints then in operation, almost five hundred million steel cents were minted in 1943 But PCGS lists the following 1943 mintages: (20% off), Keep collections to yourself or inspire other shoppers! Hence moneyyyy. Besides the confusion in their looks, people claimed that these coins lost their beauty fast. It may be one of the most valuable pennies ever! Please. 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. Also, they have 99% steel and 1% of zinc coating. Denver: 217,660,000 One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). All three are or were owned by Bob Simpson. Is My Penny Solid Copper or a Copper-Plated Zinc Cent? In 1943, the US Mint used zinc-coated steel for Lincoln Cents instead of the usual bronze (or copper) composition in an effort to preserve copper for the war effort. You will find the answer right below. Errors struck with Lincoln cent dies in some of these foreign alloys are often intriguing and entertaining. Not sure if its steel it doesnt stick to a magnet. If you get the Philadelphia 1943 steel penny, it has no mint mark. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. The 1943 steel pennies in this grade never went through many hands of trade. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. One of the most unusual pennies produced by the United States Mint was the "1943 Silver Pennies." Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). Also, members of the general public tended to dislike 1943 steel cents. Learn more. If it reads 1943 then it is a 1943 steel penny. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. If the penny is in a condition like yours, it's worth almost nothing. The following table lists thebuy price(what you can expect to pay to a dealer to purchase the coin) andsell value(what you can expect a dealer to pay you if you sell the coin). 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. In that war period, the US had scarce metal resources. They are relatively common in excellent condition since people tended to save them when they were first issued because they were unusual. Because much copper was required for military purposes, it was decided that the one cent coins (pennies) of 1943 would not contain any copper. Long story short. 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! I would like to know there vaule. The 1943 copper penny is extremely rare and valuable. Otherwise, non-error steel cents are not in themselves rare. In 1943 they were still minting steel pennies, by 1944 they had switched back to copper pennies. Next, examine the color of the coin. Mint mark: No mint mark. In many cases, alloys were employed that are noticeably different from alloys that were or are used for U.S. coinage. And the woman should be identified as Elizabeth II as in the Queen. Quick Answer, What Will A Good Researcher Always Do After Formulating A General Research Question Quizlet? Report this item. Valuable pennies to look for in circulation! How do I know if my 1943 penny is bronze? It is curious that 1943 copper and 1944 steel cents are extremely valuable. I have a penny that was struck on a dime planchet minted in 1964. 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. . Simpsons piece is the highest certified. There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. So, besides using a magnet to know if they are silverish, these coins aspects are easy to learn. Also, the public rejected this new coin. Those with mint state grades tend to be worth much more than $70,000 each. You can read more if you want. A Philadelphia Mint 1943 copper has probably sold privately for more than $100,000. This may come as something of a surprise to the many who believe these coins are quite valuable. The United States Mint eventually acquiesced to the concerns of the public. The 44s are worth maybe a nickel unless theyre in almost brand-new shape. View Etsys Privacy Policy. Very rare 1943-D steel penny variety sold for $10,200! An additional Simpson 1943 copper is in this sale. Remember, flying eagle cents dont have a portrait.   Italy   |   English (US)   |   (EUR), remembering account, browser, and regional preferences, remembering privacy and security settings, personalized search, content, and recommendations, helping sellers understand their audience, showing relevant, targeted ads on and off Etsy, remember your login, general, and regional preferences, personalize content, search, recommendations, and offers. A coin, pattern or mint error that is 95% copper can logically and should be called copper.. I contend that the 1943 copper is worth far more than the 1943 Walker on a steel planchet because many collectors regard the 1943 copper as a coin and the steel Walker as an error that is definitely not a coin. My husband has 3 steel 1943 pennies identical to the ones shown above. So, this history makes collectors yearn to add the coins to their list. 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. I had discussed it in an auction preview. Captcha failed to load. 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 Philadelphia: 684,628,670 Most of the details on Lincolns face arent present. The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. It is a 1943 Lincoln struck over a one centavo coin of Cuba. I am not aware of a prior pedigree. People thought they were dimes. 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. She is a member of the American Numismatic Association (ANA) and holds several certifications. WebRare 1943 On Top Of 1943 Overdate Error Wheat Penny~ Date Struck Twice Resulting In An Overdate Error~ Highly Tough Error Type UnitedStatesCoins (35) $319.20 $399.00 Ive looked at it with a magnifying lens and the scratches seem to be a finger print or crazy as this sounds tiny tiny words they look as if they are raised like the wheat stems. (Words in blue may be clicked to access past articles relating to items mentions or related subjects.) Since the mints used these metals to make coins, the US had to pick another choice. As the article notes, these coins were struck on steel blanks and its normal for them to be attracted to a magnet. 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. It means, out of many, one. In that 3rd there are roughly 27 = 1944 wheat pennys, 2 = 1944D wheat pennys , 1 = 1943D steel, and 1 = 1943 steel. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience.
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