Most steel pennies are worth between 20 cents and 20 dollars. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. For the most reliable information on coin values and coin collecting, trust precious metals experts rather than craft and hobby websites. What Are Steel Pennies? The steel penny minted in 1943 is part of the series known as Lincoln cents or pennies. They get their name from the image on their obverse, a portrait of President Abraham Lincoln. Most Lincoln pennies are made of copper, giving them a red or brown color. But 1943 pennies are silver-toned, and are known as "steel pennies".
1943 D Lincoln Wheat Cent BU Uncirculated Mint State Steel Penny 1c Co
Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition and as much as 50 cents or more if uncirculated . 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). USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.23 in Average Condition and can be Worth $2.88 to $9.35 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong planchet metal when striking the coin. But very, very few of these left the U.S. Mint facilities. These error coins were not intentional. Henry Stater Contributor, Benzinga November 2, 2023 The 1943 Steel Penny is one of the most unique American coins ever minted, and its fascinating history and rarity have made it a highly.
1,000,000 1943 Steel Penny Worth Thousands ( 1943 Copper Penny) YouTube
Philadelphia's high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. These coins are on a rarity scale of Abundant. Saving at the time contributes to the supply today. Deterioration is a concern, rusting of the underlying steel is accelerated once the outer protective zinc is worn and removed. The 1943 Steel Penny, a metallic marvel of its time, remains among the most controversial and coveted coins ever produced by the U.S. Mint. Born from the upheavals of World War II, this iconic penny replaced the traditional "Copper Lincoln Penny" in a striking shift from copper to steel. One of the most controversial and emblematic coins the United States Mint ever produced is the 1943 Steel Penny. This highly sought-after coin is particularly unique because it was minted during the time of World War II. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values.
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How Rare Is a 1943 Lincoln Steel Penny?
If you take a closer look at the Numismatic Guaranty Company's price guide, the 1943 steel penny, also known as a wheat penny (due to the wheat on its reverse side), in circulated condition, is worth from $0.05 to $0.90. However, if you check the open trading, the 1943 steel penny value, in uncirculated condition, is around $3200. 1943-P wheat pennies could be sold between $0.05 to $0.90 in a circulated condition. You can earn more if you have a steel penny in mint state. In 1943, the Philadelphia Mint used a new die to create the steel pennies. So, there were a lot of well-struck steel one-cent coins.
Type 2, Steel Price Guide. Last Update: 01-07 07:04 AM EST. Price Guide. US. Half-Cents and Cents. Lincoln Cent (Wheat Reverse) (1909-1958) Type 2, Steel (1943) Auction Prices Population CoinFacts Set Registry. Prices in USD Change. The 1943 Lincoln Steel Cent is one of the most unusual one-cent coins or pennies ever struck by the United States Mint.. from that of the typical copper penny, making this one-year coin a.
EXTREMELY RARE 1943 D Steel error penny in 2021 Old coins worth money
The 1943 steel penny's unique zinc-coated steel composition gives it a resemblance closer to a dime than a conventional U.S. penny. The reasons behind the production of these unusual coins, their current market value, and the methods for collectors to acquire 1943 steel cents are intriguing aspects to explore. 19 Comments The 1943 Penny was a Wheat Cent, named for the design on its tails side. Also, technically, all 1943 Pennies were meant to be Steel Cents aka Steelies. But because it was a transition year, some varieties were coined in bronze, and this drastically raised their prices!
