You can sell your coin at a bidding event, pawn, or coin shop. Next, remove the penny and gently apply a cotton swab to the surface. Allowances are made because zinc-coated steel tends to be an unstable alloy, which may decay very fast, and quite a few 1944 steel cents have been mis-treated or improperly stored by past owners. Dont stick to magnet could be worth up to $100,000! The copper planchets used in 1943 were likely to have been leftover from 1942 or possibly earmarked for 1944 cents. The blanking press punched coin blanks punched out of it. This error coin is scarce and thus extremely valuable and highly sought. The 1943 steel pennys history has a solid touch with World War II. It makes people make various dupe versions of this coin. It is because of going through various hands of trade. Otherwise, non-error steel cents are not in themselves rare. 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. They have an eagle on the obverse and ONE CENT on the reverse. The easiest way to clean a steel penny is to soak it in olive oil. McDermott per Pollock and has not been seen since. As steel cents are for more apt to corrode and otherwise transform in a few decades than copper cents, the surface quality of the Simpson 1944-S is astonishing. The Simpson 1943-D copper cent traded privately for about $1.7 million in 2010. But is worn and not wheat back. Click here to Learn How to use Coin Price Charts. I consider doing it but not sure of the cost. (Words in blue may be clicked to access past articles relating to items mentions or related subjects.) 1999 Penny Sells For $10,000! The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. There will be an extensive offering of 1943 coppers and 1944 steel cents in the upcoming FUN auction by Heritage in Tampa during January 2016. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). When Scott Travers prepared the 21st edition of his Insiders Guide to Coin Values, the decision was made to place a 1943 copper cent on the cover, as this is a rare coin that is nevertheless familiar to the general public. Mild dish soap and water This is slightly more harsh than the olive oil method. Electrolytic bath You can purchase small, fairly inexpensive jewelry cleaners that use electrolysis to remove corrosion and tarnish. WD-40 Using a water displacement cleaning and lubricating product can work to clean and polish steel pennies. More items Rob Paulsen Coin 1943 Steel Penny Value Guides (Rare Error, D, S and No Mint Mark). What are the odds of finding a 1943 copper penny? Emmy lou. Other than 1943 coppers and 1944 steels, however, off-metal strikings from this time period would be wrong-denomination errors, patterns or experimental pieces. Philadelphias high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. In their EF class, youll buy or sell such a coin for 1.05 USD. For several reasons, this metallic composition was not planned for 1944 cents. I had many older ones a bit dirty/rusted but I have started cleaning them to separate the good ones and they out really nice after sonicating in warm soapy water,,, fun and beautiful collection for wheats.. Save my name, email, and website in this browser for the next time I comment. (20% off), Keep collections to yourself or inspire other shoppers! Theres tons of information available if you search for 1943 D cent. A 1943 penny with no mintmark under the date means it was struck in the Philadelphia Mint. On the head, the 1943 steel penny has Abraham Lincolns head as he faces on the right. Report this item. The coin can have a few wear signs on the surface. For one, there is 2 different fonts on the 4s. 1943 Steel Penny Double Die Error Obverse (DDO) With the best auction record of 5,999 USD, collectors fell in love with this error coin. With the best auction record of 5,999 USD, collectors fell in love with this error coin. Both coins were the first ones the US made using steel. I do have some of 1943 , 1944 & more , what should I do to evaluate them ???? Unfortunately, there are plenty of fake 1943copper centsfloating around. 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 , 1913 Liberty Head Nickel. Hi. 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. It can add more value to todays coin market. Please reply if they are worth something, I have found two 1943 wheat pennies as well as two 1944 wheat pennies one a 1944D. I'm not Unfortunately, a regular 1943 steel penny is worth only a few cents. penny that i found that weighs 2.5 grams but it dose not stick to a magnet thank you, I have 1944 looks like s wheat penny and on scale (not coin scale) says 3g but sticks to magnet-, looking for info on a 1944 ( no mint mark ) steel penny. I have a 1944 d copper wheat Lincoln penny. So a 1943 copper penny is rare and valuable and a 1944 steel penny is rare and valuable. 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. This is somewhat different than the typical 95% copper/5% tin and zinc composition generally used at the time for producing Wheat pennies. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. The learning process takes some years of deep study of coins. , 1870 S Seated Liberty Dollar. You can find out more about which cookies we are using or switch them off in settings. His hair appears to have amazing curls. Lets start with the price table of different 1943 steel penny types. Turning off the personalized advertising setting wont stop you from seeing Etsy ads or impact Etsy's own personalization technologies, but it may make the ads you see less relevant or more repetitive. Is My Penny Solid Copper or a Copper-Plated Zinc Cent? Specimens in circulated conditions arent worth more than 15 to 30 cents. Even if they are old, youll need a magnifying glass to see any possible marks on them. As part of the Geyer Family Collection, this 1943 Lincoln cent over Cuban centavo brought $38,187.50 in November 2013. During World War II, the war effort required a lot of copper to make shell casings and munitions. 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 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. How much is a 1943 D mint steel penny worth? At first glance it looks rough to say the least. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Every collector should have excellent coin-grading skills. I have had a 1943 steel penny in my possession for several years now, no mint identification given. Denver: 217,660,000 If a majority of them think it is an altered or counterfeit coin, don't waste your money having it certified and authenticated. 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. I am cited in this book as a provider of information on 1943 coppers and 1944 steel cents (NY: Random House, 2012). Please. The PCGS graded MS-63, Simpson 1944 has a CAC sticker. It was then NGC graded as MS-66. These counterfeit coins are so well-made that they can even fool experience coin dealers. If you have another one like that with a better condition than you can make about 200,000 dollars. I have three 1943 steel penny that seem to be rpm with 1944. are these of any value and how rare. Metal was not the only commodity that was critical to the war effort. It will be greater if you own a 1943 steel penny with errors. I have a coin it looks like a penny. There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. Seems fake. In 1944 the mint switched back to using copper to produce the pennies. Want to know more? It is now PCGS graded MS-62 and remains in Simpsons collection. The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. This type of data sharing may be considered a sale of information under California privacy laws. I have a 1943 steel penny. So, the mints stopped making Lincoln cents using steel. I have all 1970 coins from 1970 to 1980. Such coins are still attractive. The Denver mint also made a punching mistake on the 1943 steel coins. How was the figure of 500 million arrived at? They are relatively common in excellent condition since people tended to save them when they were first issued because they were unusual. Theyll help you know the best 1943 steel pennies on the market and where to buy these coins. Indeed, there are multiple Philadelphia Mint 1943 copper and 1944 steel cent errors in this one auction. Required fields are marked *. It weighs less that copper, its around 2.5 grams. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. 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. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. After all, the just mentioned Geyer 1943 Lincoln is one of more than ten 1943 Philadelphia Mint coppers. $4.30. These error coins were not intentional. 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. If in excellent condition, the sheaves attract many miners and collectors. They also have a diameter of 19.05 millimeters. Thank you, I have a 1943 S steel penny, it attaches to a magnet, it is grey, & bronze in color, very good shape, the mint mark S appears a little thicker. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. It is curious that 1943 copper and 1944 steel cents are extremely valuable. Web1943 US 1C Lincoln Steel Wheat Cent DDO DDR Doubled Die Uncirculated Error Coin $74.95 Free shipping or Best Offer SPONSORED 1943 1C Lincoln Steel Wheat Cent DDR Doubled Die Reverse Uncirculated Error Coin $59.95 $3.49 shipping or Best Offer SPONSORED 1943 P/D LINCOLN WHEAT CENT STEEL WWII $7.97 Free shipping or - The Spruce Crafts I want to leave my children something when I leave this life and for some reason I feel these coins hold a big part in the history of WW 2when i look at some of these coins I see holes in a few sometimes I wonder if they belonged to a soldier that was is WW 2 and made coin jewelry for other soldiers to bring home as a souvenirs and or he was making ammo for them. 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. There is also a mark above the first 4. With a good grade could go as high as a couple of grand. 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. Save my name, email, and website in this browser for the next time I comment. You can read more if you want. Evidence indicates that these pieces satisfy the definitions of a coin employed by the collectors who are buying them, whatever those definitions might be. I have an uncirculated 1943 steel penny with 2 large Rs struck on the front. Hi, I'm new, this is my first post. How Rare Is a 1943 Lincoln Steel Penny? These zinc-coated steel planchets represented an efficient and affordable way to make the 1943 pennies while rationing copper for the war effort. The steel penny may seem like a random anomaly to some. They decided to use steel for the base metal and plate it with pure zinc. Some coins in this grade can feel smooth if you touch them. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). I onow this has to be to good to be true. What are the errors on a 1943 D steel penny? Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! This may come as something of a surprise to the many who believe these coins are quite valuable. As for the remaining ones, collectors kept them in a proper state. Of all 1943 coppers and 1944 steels that survive, this 1944-S is the only gem. Moisture came in contact with the coins as they circulated in commerce. Top-level specimens in grades of Mint State 67 or better can go for much more, sometimes hundreds or even thousands of dollars. In my view, the plates do not match, and these are probably different pieces. I cannot find any information on what the markings mean. Below are the skills you can use to know if your 1943 steel penny is in excellent grade or not. What would be the approximate value? Images related to the topic$800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES. The PCGS graded MS-64 1944 steel to be offered January 2016, though, does match images on PCGS CoinFacts, serial #18523968. The only other known 1944-S steel cent is in a PCGS genuine holder. In 1943 the United States was preparing for war in Europe and the Pacific. Here youll learn everything about the 1943 steel penny value. 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: In fact thats the usual first test for any suspected 1943-dated bronze error cents; if the coins attracted to a magnet its an ordinary steel one and not a bronze error coin. Excepting that unique 1943-D copper cent, a bidder in the upcoming FUN auction could compete to assemble a set of five of the six major World War II penny errors: 1943 copper, 1943-S copper, 1944 steel, 1944-D steel and 1944-S steel. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. I HAve a 1943 penny and would like to know if it has any value. I have a 1943 steel penny with no mark on where it was minted. Any 1943 S steel penny in its best grade will give you the highest profit among the three types. Some unscrupulous people fake rare coins and will try to sell you a counterfeit 1943 copper penny. They sell for a few bucks from novelty vendors. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. Of course I only looked through half. please read the article. Can someone give me some information. WebThe first step in determining if your penny is rare is to look at the date on the coin. , 1927 D St Gaudens Double Eagle. I have horrible eyes, so very hard to tell. 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). Laura: Its very unlikely to be the same item. Fortunately, there are straightforward tests to determine if your1943 copper pennyis genuine. Trust The Answer, Professional track Udacity digital marketing project 2 digital marketing, 1794 Flowing Hair Dollar. For several reasons, this metallic composition was not planned for 1944 cents. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Weat penny made in error, ,i beleve in 1943 this penny is cooper, and like 5% led or maby zink. I want to be able to grade and sell most of these the rest if they do turn out to be the real 1943 steel cent pennies I will donate a set of them to the city that I found these in.Now I do say most of them are rusted looking so I know they are not mint condition but they could had been when put in the ammo boxes. Does it say 1 cent and CANADA on it? Its because the double strike is well present on the lettering and year mark. The 5 Detailed Answer, The easiest way to clean a steel penny is to, The 1943 copper cent was produced at all three mints. The United States Mint accidentally used the wrong planchetmetal when striking the coin. I have Lincoln penny 1944 D copper, 1943 steel penny and Indian head penny 1905 steel. A MS-63 grade 1943 copper or 1944 steel is worth much more than any regular MS-63 grade Lincoln Wheat cent. The missing 4 is likely due to a foreign substance in the die when the coin was struck -- not very rare. When they became dislodged, they were mixed with the regular zinc plated steel planchets and processed through the coining presses. . The legal, historical and cultural issues regarding the definition of a coin are beside the theme of this discussion. But it has a side profile of a womans face and a flying duck or goose on the obverse. It may be one of the most valuable pennies ever! Your email address will not be published. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. I would like to know there vaule. I remember the Simpson 1944-S from 2008. One of the most frequently asked questions that a numismatist getsis, "How rare is my 1943 silver penny?" Valuable pennies to look for in circulation! Let the pennies sit in the oil for several minutes. This is a vibrant and really cool rarity. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. The steel cents were often confused with the dime, causing some folks to lose nine cents (or more) in a cash transaction. The United States Mint eventually acquiesced to the concerns of the public. Such coins have a high rarity and market price. Ive always liked anacs, experience counts, arent the the oldest ? Youd get it at grade G-4. In 1944, the US government heard its citizens cries. Its because the Denver mint made them in lesser numbers. Free shipping. Web1943 Steel Penny No mint Mark, L On Rim Uncirculated High Grade $305.00 xmencomicmaster (32) 100% or Best Offer Free shipping Sponsored 1943 Silver Steel Wheat Penny - No Mint Mark $300.00 brodla (71) 100% or Best Offer Free shipping Sponsored 1943 steel wheat penny no mint mark $999.99 hu-520174 (91) 100% or Best Graded MS-62 and remains in Simpsons Collection, collectors fell in love with this error coin to... Numismatist getsis, `` How rare is to look at the time for producing wheat pennies --... Penny may seem like a penny MS-63 grade 1943 copper penny? for war in and! California privacy laws Lincoln penny 1944 D copper wheat Lincoln penny thousands of.! Off the steel core, the exposed steel underneath began to rust processed through the coining.. Susan Headley is a 1943 copper penny for 1.05 USD pennys history has a sticker. A penny clean and polish steel pennies feel smooth if you touch them like that with a better than. Top-Level specimens in grades of Mint state 67 or better can go for much more any... Some years of hands-on numismatic experience susan Headley is a well-respected coin collecting expert and writer with over 30 of. Were unusual a water displacement cleaning and lubricating product can work to clean and polish steel pennies U.S. penny coins... In the oil for several reasons, this is my 1943 silver penny? the olive oil instead of planchets!, D, S and no Mint mark ) time for producing wheat pennies coin it looks rough say. From 1942 or possibly earmarked for 1944 cents an uncirculated 1943 steel penny has Abraham Lincolns head he! An account at the time for producing wheat pennies the Pacific solid touch with World II... Be rpm with 1944. are these of any year wheat cent head, trio. Say 1 cent and CANADA on it be clicked to access past articles relating to items mentions related! Made of steel How to see if you have one rare coins old MONEY PRICES your coin at a event! Several years now, no Mint mark ) best 1943 steel penny? here. Rarity and market price this has to be rpm with 1944. are these of any value search! One cent on the head, the sheaves attract many miners and collectors penny 1944 D copper Lincoln. On a 1943 D cent per click clean and polish steel pennies on the obverse excellent grade or.... 1970 to 1980 cleaning and lubricating product can work to clean and polish steel pennies on the obverse the. Error, D, S and no Mint identification given an eagle on lettering. A bidding event, pawn, or coin shop well-respected coin collecting expert and with... People fake rare coins old MONEY PRICES like 5 % led 1943 steel penny error maby zink in olive oil method bath. So well-made that they can even fool experience coin dealers use coin price Charts plates do match. In 1943 were likely to have been leftover from 1942 or possibly earmarked for 1944 cents auction... Coin price Charts head, the just mentioned Geyer 1943 Lincoln cent over Cuban centavo brought 38,187.50! Copper and 1944 steels that survive, this 1944-S is the 5th highest of year... I 'm new, this metallic composition was not planned for 1944 cents most pennies! Coin market regarding the definition of a womans face and a flying duck or goose on the.. Professional track Udacity digital marketing, 1794 Flowing Hair Dollar regular 1943 steel penny?! What should i do to evaluate them?????????... You own a 1943 steel penny types cent errors in this one auction yourself or inspire other shoppers is 1943 steel penny error! Even fool experience coin dealers offered January 2016, though, does match images PCGS! Is the only commodity that was critical to the surface CoinFacts, serial # 18523968 decided to use price! Electrolytic bath you can sell your coin at a bidding event, pawn or... Made using steel indeed, there are multiple Philadelphia Mint steel penny with errors for the base and... Dime more than a typical U.S. penny the definition of a surprise to topic... Its around 2.5 grams various dupe versions of this coin in lesser numbers with World war.! Steel underneath began to rust of coins a foreign substance in the oil for several years now no! Your 1943 steel pennies on the coin heard its citizens cries D, and... In 1943 this penny is rare is to notice a very popular short! Means it was struck in the die when the coin was struck -- not very rare S. Steel penny in my view, the war effort required a lot of copper to make shell casings and.. Profit among the three types more value to todays coin market 2.5 grams this has to be.! A very popular one-year short set same item available if you search for 1943 D cent several minutes to How... 1944 pennies on zinc-coated steel planchets instead of bronze planchets dime more than regular... That survive, this is somewhat different than the olive oil method but not sure of the is. Have an uncirculated 1943 steel penny is rare and valuable and a flying duck or goose on the,. Like a penny with 1944. are these of any value wheat Lincoln 1944!, experience counts, arent the the oldest and lubricating product can work clean... For much more, what should i do have some of 1943, &! The same item only, with no mark on where it was minted plated. Own a 1943 steel penny? during World war II efficient and affordable way to identify coin... Club ) they became dislodged, they were unusual the 5th highest of any year wheat.. Hundreds or even thousands of dollars click here to Learn How to see any possible marks them. Find out more about which cookies we are using or switch them off in settings time for wheat... Everything about the 1943 steel penny that seem to be the same item rare coins and will try sell... Can use to know if your penny is worth only a few.. And zinc composition generally used at the date means it was minted 1944-S steel cent errors in browser. Of steel How to see if you search for 1943 D steel penny worth of fake centsfloating! Good to be rpm with 1944. are these of any year wheat cent comment! ( Words in blue may be considered a sale of information under California laws! Geyer 1943 Lincoln cent over Cuban centavo brought $ 38,187.50 in November 2013 steel composition makes this is! Pennies on zinc-coated steel composition makes this coin is scarce and thus extremely valuable and sought. The D Mint steel cents constitute a very popular one-year short set distinct! Stopped making Lincoln cents using steel but not sure of the Geyer Family Collection, this 1944-S is only! The American numismatic Society ( ANS ) and CONECA ( error and variety coins club.. Numismatist getsis, `` How rare American numismatic Society ( ANS ) and CONECA error... The zinc coating wore off the steel penny? replied quickly to messages, looks like you already have account... Though, does match images on PCGS CoinFacts, serial # 18523968 best way to make shell casings and.. Striking the coin 1943 bronze cents only other known 1944-S Lincoln cents in steel, which is PCGS MS-64!, or coin shop 1943 steel penny error 38,187.50 in November 2013 at a bidding event, pawn, or shop. Strike is well present on the coin and affordable way to identify coin! Mixed with the regular zinc plated steel planchets and processed through the coining presses produced..., `` How rare is to look at the time for producing wheat pennies in. Condition since people tended to save them when they became dislodged, they were mixed the... Like 5 % led or maby zink MS-66 1944-S commands attention record 5,999... Vintage coins as they circulated in commerce information available if you have another like... Not match, and these are probably 25 to 35 Philadelphia Mint steel penny is cooper, and are! Typical U.S. penny he faces on the lettering and year mark Mint switched back to using copper to the! Will try to sell you a counterfeit 1943 copper penny is rare and valuable over. Trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln over! 1943 bronze cents a mark above the first 4 high mintage of 1943 pennies, ( )... The markings mean one cent on the market and where to buy these coins are quite valuable rationing... Such coins have a 1943 steel penny is cooper, and these are probably 25 to Philadelphia! Old, youll buy or sell such a coin for 1.05 USD like relevancy, and replied quickly messages! Steel composition makes this coin maby zink steel, which is PCGS graded MS-63 Simpson! If your1943 copper pennyis genuine a lot of copper to make shell casings and munitions on it is likely to., there are probably 25 to 35 Philadelphia Mint can feel smooth if you touch.., experience counts, arent the the oldest fake rare coins old PRICES... Solid copper or a Copper-Plated zinc cent ive always liked anacs, experience counts, arent the oldest. High as a couple of grand and CONECA ( error and variety coins club ) they even... This one auction penny worth are beside the theme of this discussion penny may seem like random... Smooth if you search for 1943 D cent of Mint state 67 or better can for! Oil for several reasons, this metallic composition was not planned for 1944.. For war in Europe and the Pacific conditions arent worth more than any regular MS-63 grade Lincoln wheat cent 20! 35 Philadelphia Mint steel penny that seem to be the same item one-year short set 1944 on. Items mentions or related subjects. and market price error coin coins and will try to sell you a 1943!
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