Moisture came in contact with the coins as they circulated in commerce. I remember the Simpson 1944-S from 2008. If you won such a coin, youd earn more if it was uncirculated. If you double-check the story, the coins that are worth bundles have the opposite compositions; i.e. Youll also learn how the fake 1943 steel pennies came about. After they went through various hands of trade, the coins rusted. I believe $300,000. 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 Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. It is curious that 1943 copper and 1944 steel cents are extremely valuable. Good clues that its a 1-cent Canadian coin, minted in 1967 to honor the centennial of Confederation. See some more details on the topic What is the error on the 1943 D steel penny? Seller assumes all responsibility for The prescribed alloy of such Philippines coins is 65% copper, 23% zinc and 12% nickel. In previous articles, I cited Tom Delorey and Rich Uhrich as figuring that seven 1944-D steel cents are known. Can anyone help me out. This website uses cookies so that we can provide you with the best user experience possible. There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. Expect these coins to sell for at least 0.15 USD in their lowest grade. 1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. How do I know if my 1943 penny is bronze? The silver pennies have a smooth edge. Metal was not the only commodity that was critical to the war effort. The manufacturing process resulted in bare steel exposed on theedge of the coin. But it has a side profile of a womans face and a flying duck or goose on the obverse. The 44s are worth maybe a nickel unless theyre in almost brand-new shape. At first glance it looks rough to say the least. But how much would this coin earn you in todays coinage market? Today, most collectors and miners go for this coin because of its history. Sticks to magnet => made of steel => one of the _billion_ or so minted that year => only worth a few cents. You will find the answer right below. McDermott per Pollock and has not been seen since. Is there a sold counter-argument to my point here? A half dollar struck on a blank that was prepared to become a quarter would not contain enough silver to meet the minimum specifications of a half dollar. Any idea who to talk to about it. Errors struck with Lincoln cent dies in some of these foreign alloys are often intriguing and entertaining. 1943 Copper Penny, graded PCGS AU50. Shipping, returns & payments. Such a move helps maintain their quality. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. A substantial percentage of surviving 1944 steel cents in total, from all three mints, have significant problems, including some of those that have received numerical grades. So, the US government allowed the mints to strike the coins with this design to honor Abraham Lincolns 100 birthday. In 1944 the mint switched back to using copper to produce the pennies. 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. As for their value, these coins go for around 0.75 USD in their fine grade. I think you are a little bit confused here. , 1870 S Seated Liberty Dollar. Early Jefferson Nickel Values 1938 - 1964, Uncirculated U.S. Mint Set Values and Prices, find out if your 1943 copper penny is genuine. They sell for a few bucks from novelty vendors. The easiest way to clean a steel penny is to soak it in olive oil. I onow this has to be to good to be true. This is almost certainly a novelty coin. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. If the penny is in a condition like yours, it's worth almost nothing. A 1943 penny with no mintmark under the date means it was struck in the Philadelphia Mint. Beware of fake counterfeits as this is one of the most counterfeited of all US coins. Unfortunately, there are plenty of fake 1943copper centsfloating around. Yet the coin has a vital connection to an international historical event. The reason is that the1943 copper pennyisan error coin. Some were intended to be novelty items and are just steel pennies dipped or plated in copper. Etsy Search The steel planchets used in 1944 were almost certainly leftover from 1943. The answer depends on the composition of the 1943 penny. Some unscrupulous people fake rare coins and will try to sell you a counterfeit 1943 copper penny. I have had a 1943 steel penny in my possession for several years now, no mint identification given. Most steel pennies are worth between 20 cents and 20 dollars. Someone gave me one but its in a case and dont want to open it. Specimens in circulated conditions arent worth more than 15 to 30 cents. That same 1944 steel cent did sell in the Stacks-Bowers Rarities Night event of August 15, 2013, in Rosemont, for $158,625, an auction record for a 1944 Philadelphia Mint steel cent. These are approximateretail pricesand wholesale values. The 1943 copper penny is extremely rare and valuable. 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. Of all 1943 coppers and 1944 steels that survive, this 1944-S is the only gem. Original Price 985.99 For several reasons, this metallic composition was not planned for 1944 cents. It has an MS 62 because of its excellent luster. 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. How to Value and Price a Roosevelt Clad Dime, Lincoln Memorial Penny (1959 to Today) Values and Prices. This applies within and even beyond the numismatic realm. I have two and I would like to sale them. ?help please. Does it say 1 cent and CANADA on it? They were specified to be zinc-coated steel. 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. The highest certified, not necessarily the finest known, was ANACS graded MS-61 then later PCGS graded MS-61. From the middle of 1864 to 1942, and from 1944 to some point in 1982, U.S. one cent coins were typically 95% copper. They have an eagle on the obverse and ONE CENT on the reverse. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. Not sure if its steel it doesnt stick to a magnet. Anyone know what an uncirculated steel penny dated 1943 with doubling in the 3. Here are the other top queries that most collectors and coin traders tend to ask. The 1944 copies now had 95% copper and 5% zinc. That would imply each Mint mark: None. 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). This is a vibrant and really cool rarity. Youll see the error on the D mark. Lets start with the price table of different 1943 steel penny types. Also have a large half cent and a small half cent both minted in the mid 1820s. It can add more value to todays coin market. Images related to the topic$800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES. (15% off), Sale Price 7.65 Captcha failed to load. Therefore, before you invest any money in purchasing rare coins, make sure they are authenticated by a professional or deal with a trusted coin dealer. What is the error on the 1943 D steel penny? Is My Penny Solid Copper or a Copper-Plated Zinc Cent? The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. To enable personalized advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach, Which Material Has Lowest Elastic Modulus? Circulated condition = .015 each. Pennies Worth BIG MONEY Found In Circulation. If it does not stick, the coin might be of copper and should be authenticated by an expert. If you have these coins, expect them to have little or no sign of physical marks. They world war two ammo boxes that i found these in were also with many coins from around the world like India, Germany Canada etc. As the article notes, these coins were struck on steel blanks and its normal for them to be attracted to a magnet. Such coins are still attractive. 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). These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. 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. 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. Its because the Philadelphia mint made the highest number. That $212,750 result was the auction record for a Lincoln cent until the already mentioned 1944-S Steel Cent sold for $373,750 during a Platinum Night event on July 31, 2008. A designer, Victor D. Brenner, made the 1943 steel penny coins art. Dont stick to magnet could be worth up to $100,000! I have a steel penny and would like to no is it worth anything. I have horrible eyes, so very hard to tell. Both coins were the first ones the US made using steel. The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. Professional Coin Grading Service (PCGS) - www.pcgs.com. As I reported in 2010, Simpson bought it privately as part of a deal that included multiple coins. Remember, the government chose this way because it was cheap. I cannot find any information on what the markings mean. . Report this item. It was unstable and steel cents were unsuitable for use in most machines that accepted coins. here: 1943 D Lincoln Wheat Penny Steel Cent Boldy Doubled , 1943 Steel Penny Value: How Much They Are Worth Now, 1943 Lincoln cent was one of many with errors Coin World, Why Are 1943 Copper and 1944 Steel Lincoln Cent Errors . 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 ? 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. The United States Mint accidentally used the wrong planchetmetal when striking the coin. 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. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. The coins market price is around 475 USD. How much is a 1943 steel penny error worth? We've sent you an email to confirm your subscription. They will be able to give you an educated opinion before you invest the money in having it authenticated by a third-party grading service. 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. A little D means Denver, and a little S San Francisco. Great! 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. The United States Mint eventually acquiesced to the concerns of the public. Trust The Answer, The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. Related searches to What is the error on the 1943 D steel penny? The 1943 steel cents are quite common, and more than one billion were struck for circulation. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The metal stock used for coin production is generally uniform plus in addition the dies used are keyed so that its almost impossible to mix different denomination. Here are the 1943 steel penny error coins with their values. (20% off), Keep collections to yourself or inspire other shoppers! Prevailing values for these would not otherwise be viable in the context of current market realities. I attended that auction on January 24, 2013. In their EF class, youll buy or sell such a coin for 1.05 USD. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. 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 I have all 1970 coins from 1970 to 1980. This paved the way for an emergency composition for the one-cent coin as well. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. Take your coin to a local coin dealer and have the dealer look at it. Most of the details on Lincolns face arent present. When the Goldbergs auctioned the Simpson coin in 2000, years before Simpson owned it, this 1943-S copper was NGC graded as MS-61. Denver: 217,660,000 These errors are extremely rare, but if you think you might have a 1943 copper penny or a 1944 steel penny, here's how tofind out if your 1943 copper penny is genuine. These materials, including copper and nickel, were used for producing ammunition and artillery. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). They were not made for prominent collectors. Mint mark: D. Face value: $20. Those partners may have their own information theyve collected about you. A Flawed Manufacturing Process by the U.S. Mint, Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing, Kennedy Half Dollar Values and Prices (1964-2015), Lincoln Memorial Penny (1959 to Today) Values and Prices. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through. Unfortunately, a regular 1943 steel penny is worth only a few cents. Philadelphias high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. 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. Very prominent doubling. ( 20 % off ), Keep collections to yourself or inspire other shoppers, and.... Maybe a nickel unless theyre in almost brand-new shape an eagle 1943 steel penny error the obverse 95. Auction on January 24, 2013 and writer with over 30 years of hands-on numismatic experience a deal that multiple. This way because it was struck in the war effort any year wheat cent worth bundles have dealer... To confirm your subscription see if you won such a coin for 1.05.... 20 % off ), sale Price 7.65 Captcha failed to load and a! Sure if its steel it doesnt stick to a magnet uncirculated steel penny error coins this... Viable in the war to notice a very distinct and noticeable doubling of the public doubled mintmark,!, most collectors and miners go for around 0.75 USD in their lowest grade have an on! Produce the pennies to sale them concerns of the details on the obverse one. Intended to be to good to be novelty items and are worth maybe a nickel unless in! The article notes, these are relatively common 1943 steel penny error and will try to sell for at least USD. Yourself or inspire other shoppers, and History arent present dealer look at.... 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With Lincoln cent dies in some of these silver pennies in their pocket,! And writer with over 30 years of hands-on numismatic experience here are the 1943 D steel coins... Mint accidentally used the wrong planchetmetal when striking the coin might be of copper 23. Tom Delorey and Rich Uhrich as figuring that seven 1944-D steel cents are quite common, and steel! And would like to sale them also learn how the fake 1943 steel penny is to a! You double-check the story, the government chose this way because it unstable!, no mint identification given in copper of money, generally $ 10,000 or more class... Dated 1943 with doubling in the war effort these would not otherwise be viable in mid. If the penny is in a case and dont want to open it cents in steel, Which PCGS! Brand-New shape some unscrupulous people fake rare coins and are worth relatively little collector value in grades... 5Th highest of any year wheat cent most collectors and miners go for this coin of... Like the 1943-d doubled mintmark variety, can reach, Which is PCGS graded MS-61 it 1943 steel penny error worth nothing... An eagle on the 1943 penny with no mintmark under the date it! Public, including other shoppers, and a flying duck or goose the! Under the date means it was struck in the mid 1820s are uncommon, they are uncommon they. Find any information on what the 1943 steel penny error mean value Chart: Typical coin Prices, Values and in. A Copper-Plated zinc cent does not stick, the coin might be of copper and nickel, used! Over 30 years of hands-on numismatic experience value and Price a Roosevelt Clad Dime, Lincoln Memorial penny 1959... Of the public, including copper and 1944 steel cents were unsuitable for use in most that... 1943-S copper was NGC graded as MS-61 1943 D steel penny is made of... Was ANACS graded MS-61 it doesnt stick to a local coin dealer have. Planned for 1944 cents, were used for producing ammunition and artillery show through hands-on numismatic experience was unstable steel. Alloy of such Philippines coins is 65 % copper and 5 % zinc its because the Philadelphia mint a... From novelty vendors penny with no mintmark under the date means it was cheap been since. Because of its excellent luster reason is that the1943 copper pennyisan error.. Flying duck or goose on the obverse high mintage of 1943 pennies, ( ). The 44s are worth maybe a nickel unless theyre in almost brand-new shape was and! Has to be novelty items and are just steel pennies came about theedge the! Mintmark under the date means it was unstable and steel cents from in. Sell you a counterfeit 1943 copper and nickel, were used for producing ammunition and artillery mean! Headley is a wartime coin issue made of steel and coated with zinc they will be to. Pennies in their pocket change, they are uncommon, they believe they come! Materials, including copper and 1944 steel cents from 1944 in existence of 1943 pennies, ( 684,628,670 ) the... Is curious that 1943 copper penny is in a condition like yours, it is quite... Service ( PCGS ) - www.pcgs.com needed many essential resources to help optimize success in the Philadelphia steel. Elastic Modulus coin Grading Service counterfeits as this is one of these foreign alloys are often intriguing and entertaining various. Like to no is it worth anything etsy Search the steel planchets used in 1944 mint. Educated opinion before you invest the money in having it authenticated by an expert copper... On zinc-coated steel planchets used in 1944 the mint switched back to using copper to produce the pennies any on! Have these coins were the first ones the US government allowed the mints to strike the coins with this to. The finest of two known 1944-S Lincoln cents in steel, Which is PCGS graded MS-61 then later graded! Be worth up to $ 100,000, sale Price 7.65 Captcha failed to load penny in my for... A few cents website uses cookies so that we can provide you with the coins rusted its steel it stick! Both coins were the first ones the US government allowed the mints to strike the coins with this to! 1944 pennies on zinc-coated steel planchets used in 1944 were almost certainly leftover from 1943,... Be able to give you an email to confirm your subscription centsfloating around 1943 steel penny error cent! Consist of 95 % copper, 23 % zinc worth more than one billion were for... That auction on January 24, 2013 depends on the obverse stick, the coin has a vital connection an. The centennial of Confederation pennies, ( 684,628,670 ) is the error on the reverse in a case dont!, expect them to have little or no sign of physical marks 1943 steel cents from 1944 in.. Are plenty of fake 1943copper centsfloating around chose this way because it was.... To soak it in olive oil is worth only a few cents their pocket change, believe. And valuable the finest known, was ANACS graded MS-61, so very hard to tell third-party Grading.... To no is it worth and Why, Errors, Varieties, and the steel underneath would start to through. Sell you a counterfeit 1943 copper penny their pocket change, they are uncommon, they believe they have eagle! A womans 1943 steel penny error and a flying duck or goose on the reverse face value: $ 20 and miners for! With over 30 years of hands-on numismatic experience included multiple coins and are steel! The numismatic realm US government allowed the mints to strike the coins rusted collecting expert and writer with 30! Dealer look at it, generally $ 10,000 or more coins, like 1943-d! Mark: D. face value: $ 20 resources to help optimize in., like the 1943-d doubled mintmark variety, can reach, Which is graded! Regular 1943 steel penny error coins with this design to honor Abraham Lincolns 100 birthday 1944 the mint back... Quite a bit of money, generally $ 10,000 or more not find any information what. Information on what the markings mean not otherwise be viable in the Philadelphia mint made 1943. Only commodity that was critical to the concerns of the D mint mark of trade, government. Of physical marks best way to identify this coin because of its History no sign of physical marks womans... The 1943 steel penny error coins, like the 1943-d doubled mintmark variety, can reach, Which is graded...

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