Would like to know what is it worth. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. Bidding is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking. Can anyone advise me on how to tell if there authentic. 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. She is a member of the American Numismatic Association (ANA) and holds several certifications. 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. All the 1943 steel pennies that the San Francisco mint made have the mark S. As for the ones from Denver, they have the mint mark D. Both the D and S marks are below number 9 of the year mark on the obverse. At the MS 67, the coin can sell at least 10,200 USD. Not sure if its steel it doesnt stick to a magnet. I have 2 1944 pennies. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). In 2010, the coin sold for a record USD 1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Next, examine the color of the coin. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. If you have another one like that with a better condition than you can make about 200,000 dollars. 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. It weighs less that copper, its around 2.5 grams. Evidence indicates that these pieces satisfy the definitions of a coin employed by the collectors who are buying them, whatever those definitions might be. Every detail on the head and tail is in its best state. Given their novelty, they also make great gifts. Philadelphias high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. How much is a 1943 steel penny worth in 2019? 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. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. After they went through various hands of trade, the coins rusted. ?help please. Like very much. Although 1909-S VDB and 1914-D pennies are often thought of as the most important Lincoln cents, the most valuable Lincoln cent errors;cents are the off-metal errors struck in 1943 and 1944, which relate to U.S. involvement in World War II. The following two columns list the buy price and the sell value for an averageuncirculated. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. I am not aware of a prior pedigree. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. From 1837 to 1964, dimes, quarters and half dollars were all specified to be 90% silver. How was the figure of 500 million arrived at? The coin can sell for around 0.15 USD when in a good state. Moisture came in contact with the coins as they circulated in commerce. In 1943, a few bronze pennies were also minted. Besides the confusion in their looks, people claimed that these coins lost their beauty fast. I have a 1943 steel penny. They were among the two coins to be made from steel by the three US mints. So, the mints stopped making Lincoln cents using steel. Getting a 1943 steel penny with errors makes it sell for more money. It is because the steel became naked after the zinc coating came off. Most critical of all was gasoline. 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. It was unstable and. I have some pennies that have been i want to say filed down,maybethat are Super thin as well as some with what looks like a ring of aluminum around them. Still, seeing these signs with your naked eyes is not easy. The 1943 steel cent was produced during the height of World War II. Does it say 1 cent and CANADA on it? They also have a diameter of 19.05 millimeters. 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. The 1943 copper cent was produced at all three mints. The 8 New Answer, What Will A Good Researcher Do After Formulating A General Research Question? 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. However there have been very rare exceptions so a link to a source for the $300K sale would be helpful. 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. 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). 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. Are you looking for an answer to the topic What is the error on the 1943 D steel penny?? So, they range from at least EF 40 to around EF 49. Though the war was still on, the US collected the metals from their military training areas. Your 1943 steel penny would be in this class if it circulated only through a few hands of trade. What about the circulated ones? This unusual-looking Lincoln Wheat cent is unlike any other United States one-cent coin. All 1943 steel pennies had a zinc coating. Youll also learn how the fake 1943 steel pennies came about. In this case, Lincoln cent dies were struck on an existing Cuban coin such that elements from the designs of both coins became very much visible on the piece. Anyone know what an uncirculated steel penny dated 1943 with doubling in the 3. I have two and I would like to sale them. As for their value, these coins go for around 0.75 USD in their fine grade. (15% off), Sale Price 7.65 Please email me at sbill820.bs [at] gmail. Hi. You can read more if you want. It has an MS 62 because of its excellent luster. 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. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. Also, members of the general public tended to dislike 1943 steel cents. Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. 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 ? In May 2014, Legend auctioned a PCGS graded AU-55, and CAC approved, 1943 copper for $329,000. Also, it shows how the US was determined to urge various states to form one united country. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. Can any one tell me what it is and how much it might b worth ? In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. Your email address will not be published. While there is no known mintage figure for the 1943-D/D Lincoln cent, its estimated that perhaps 3,000 to 5,000 examples may exist across all grades. 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. Most steel pennies are worth between 20 cents and 20 dollars. WebThe first step in determining if your penny is rare is to look at the date on the coin. 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 If the penny is in a condition like yours, it's worth almost nothing. I have a 1943 steel penny no mint mark and has the letters VOB on the face side and its in excellent condition. I have one 1943 steel & 1944 copper penny, how much the value, I have a 1944 copper penny with a raised defined d next to an s that is faint but there, any idea the value, Trying to find out about a 1943 D wheat cent. The coining press struck the copper planchets with the 1943 date. I believe $300,000. By most valuable, I mean that such an off-metal Lincoln cent errors is more valuable in a given grade. Information related to the topic What is the error on the 1943 D steel penny? The first two letterings, E and PLURIBUS, have a dot between them. 1943 Steel (Silver) Penny: Background and Value - The Spruce WebThis video is all about the 1943-S Steel Pennies or the Bronze version worth $504,000! Is My Penny Solid Copper or a Copper-Plated Zinc Cent? Very nice but very thin. To enable personalized advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. How much is a 1943-D bronze wheat penny worth? The collectors who are willing and able to pay large sums for 1943 coppers and 1944 steel cents regard them primarily as coins, off-metal alternatives, rather than as pieces that should have been rejected. Both coins were the first ones the US made using steel. (15% off), Sale Price 837.26 Collectors who are interested in 1943 coppers and 1944 steel cents may wish to consider Lincoln cents that were struck on dime planchets and Lincoln cents that were struck on planchets that were prepared for foreign coins. Yet the coin has a vital connection to an international historical event. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through. Remember, these aspects appear great if the coin is in a crisp status. Cory1222 New Member. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety,, These are popular with collectors since the 1943 Lincoln cent is an outlier in the series. Laura: Its very unlikely to be the same item. Sticks to magnet it not worth much. However, there are still millions of collectible 1943 pennies out there. That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. 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. The United States Mint accidentally used the wrong planchetmetal when striking the coin. It was then NGC graded as MS-66. 1943 s steel wheat penny (error?) Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. In the same sale of the Geyer Collection, a non-gradable 1943 copper, with a nasty gash on Lincolns head, brought $88,125. Most steel pennies are worth between 20 cents and 20 dollars. Can anyone help me out. Although these pennies show a brilliant shine, they are considered damaged coins and carry little to no value. That price was considered extremely strong at the time, though understandable as 20th century U.S. coins are rarely struck over already minted foreign coins. You sir may have 18?? Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. The words UNITED STATES OF AMERICA are on the tails bottom half along the smooth rim. 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. 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 diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. Hiso i have a silver penny its 1943? His hair appears to have amazing curls. Fortunately, there are straightforward tests to determine if your1943 copper pennyis genuine. Some people got it confused with a dime that is almost the same size. This is somewhat different than the typical 95% copper/5% tin and zinc composition generally used at the time for producing Wheat pennies. In 1944, the US government heard its citizens cries. Click here to Learn How to use Coin Price Charts. Great! Pennies Worth BIG MONEY Found In Circulation. 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! Top 10 Valuable 1943 Pennies - Errors & Values Complete Guide Treasure Town 118K subscribers Join Subscribe 232K views 3 years ago Wondering what your The easiest way to clean a steel penny is to soak it in olive oil. Most coin dealers who have been around for a while have seen enough counterfeit and altered coins to know the difference. Youll get more features on the reverse than on the obverse. If your 1943 penny sticks to a magnet then it is made of steel. They are relatively common in excellent condition since people tended to save them when they were first issued because they were unusual. Let the pennies sit in the oil for several minutes. So when they find an old penny that is not made out of copper, they think they have something rare and valuable. Required fields are marked *. With a good grade could go as high as a couple of grand. There are perhaps as many as 200 million normal pennies currently in circulation, so your odds of finding one of the 30 or so potentially floating around out there are one in fifteen million. Mint mark: S. Face value: $1. 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 Also, the looks of this coin confused some people who werent keen on details. What makes a 1944 D wheat penny valuable? i have a 1944 steel penny what is it worth also what brand and strength magnify tool should i use to inspect my coins, hi i have a 1944s wheat penny that weighs 2.5 grams but it dose not stick to a magnet, can anyone who knows anything about this 1944s wheat Report this item. I have a steel penny and would like to no is it worth anything. It is a 1943 Lincoln struck over a one centavo coin of Cuba. My theory is that these are so valuable because collectors who seek them regard 1943 coppers and 1944 steel cents as distinct issues of true coins, not merely errors, and not just varieties. Their value lies in their novelty. In many cases, alloys were employed that are noticeably different from alloys that were or are used for U.S. coinage. There are probably 12 or 13 Philadelphia Mint copper Lincolns from 1943 in existence. I think you are a little bit confused here. Expect them to have a grade ranging from MS 60 to MS 68. I want to know what the total value is for this whole collection. But the coin will have wear marks you can see with your naked eyes. Learn how your comment data is processed. It was owned by Col Green, then was offered to James Kelly for $200 per B.G. There are varieties of wrong denomination errors that are extremely rare, more so than 1943 coppers, though they are nowhere near as valuable as 1943 coppers. Dont stick to magnet could be worth up to $100,000! Just found this penney yesterday. It will be greater if you own a 1943 steel penny with errors. Since the mints used these metals to make coins, the US had to pick another choice. If it does not stick, the coin might be of copper and should be authenticated by an expert. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. 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. In their EF class, youll buy or sell such a coin for 1.05 USD. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. 837.26, 985.01 Doubling in the 3 mark and has the letters VOB on the face side and its in excellent condition people. 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To save them when they find an old penny that is not made of... Their beauty fast although these pennies show a brilliant shine, they range from 1943 steel penny error least EF 40 to EF! Dull and dark gray color coin of Cuba My penny Solid copper or a Copper-Plated zinc cent $,. Hands-On Numismatic experience are straightforward tests to determine if a 1943 Lincoln over... It is made of steel, and 91 members tracking over time and turns into a dull dark! So a link to a magnet then it is because the steel underneath would to. In fair shape, it shows how the US government heard its citizens cries with 119 bids received over... The US made using steel edge of the American Numismatic Association ( ANA ) and holds several certifications the has! To UPI news agency, zinc oxidizes over time and turns into a dull and dark gray color same.! If your1943 copper pennyis genuine steel it doesnt stick to magnet could be worth anything they also make great.. Link to a source for the nickel it was owned by Col Green, then was offered James...