Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. Of course I only looked through half. If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! During World War II, the Allied Forces needed many essential resources to help optimize success in the war. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. 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. Such errors may be hard to see with your naked eyes. 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 How much is a 1943 D mint steel penny worth? This error coin is scarce and thus extremely valuable and highly sought. I am not here theorizing that 1943 coppers and 1944 steel cents are true coins; I am theorizing that the collectors who are willing and able to pay more than $50,000 each for them regard them as true coins, not just as errors or varieties. Those partners may have their own information theyve collected about you. Given their novelty, they also make great gifts. Most critical of all was gasoline. These counterfeit coins are so well-made that they can even fool experience coin dealers. Unfortunately, there are plenty of fake 1943copper centsfloating around. It shows that the coin went through many hands of trade. Original Price 985.01 If you look for magicians coins you should be able to find lots of these at reasonable prices. This was accomplished by using copper shell casings gathered from military training facilities. They have an eagle on the obverse and ONE CENT on the reverse. Hence moneyyyy. Long story short. 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. 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Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. If the penny has a silver color, it is made of steel with a zinc coating to make it look nicer and protect it from rusting. Mint mark: S. Face value: $1. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. 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. In that 3rd there are roughly 27 = 1944 wheat pennys, 2 = 1944D wheat pennys , 1 = 1943D steel, and 1 = 1943 steel. It has the lowest value, which is close to its face value. Some copper planchets leftover from the previous year got stuck in the corners of the large bins that moved the blank planchets around the mint. The coining press struck the copper planchets with the 1943 date. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). As I reported in 2010, Simpson bought it privately as part of a deal that included multiple coins. I remember the Simpson 1944-S from 2008. 1999 Penny Sells For $10,000! None of them have ever been graded. Also, counterfeiters in foreign countries have created very deceptive-looking counterfeits. Before you waste your money sending your coin to a third-party grading service only to have it come back as an altered or counterfeit coin, here's a few things you should do: When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. 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. If you have performed the test linked above, and you truly believe your 1943 Lincoln penny is the rare copper variety,you need to have it authenticated by a professional. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. 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. The steel planchets used in 1944 were almost certainly leftover from 1943. This Cuban-U.S. Lincoln cent is an exception. For several reasons, this metallic composition was not planned for 1944 cents. Also, members of the general public tended to dislike 1943 steel cents. I have a copper wheat penny on one side and a liberty silver dime on the other says its a 1944. All three are or were owned by Bob Simpson. 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 premium service call is an option available for a phone call, zoom call, or otherwise tricky or extremely detailed questions. If it does not stick, the coin might be of copper and should be authenticated by an expert. Save my name, email, and website in this browser for the next time I comment. Off-metal strikings, from the middle of the 20th century, as a class are not rare. Even if they are old, youll need a magnifying glass to see any possible marks on them. Also have a large half cent and a small half cent both minted in the mid 1820s. It appears as a single-line text. Most of the details in Lincolns portrait are visible. If a majority of them think it is an altered or counterfeit coin, don't waste your money having it certified and authenticated. Shipping, returns & payments. Read our Cookie Policy. I have horrible eyes, so very hard to tell. Set where you live, what language you speak, and the currency you use. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. Its always helpful to look at the date and wording on a coin! Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing. San Francisco: 191,550,000 The reason is that the1943 copper pennyisan error coin. Youll also learn how the fake 1943 steel pennies came about. 1943 Steel Wheat Penny "War Time" 4 coin lot - Darker toned Steel Wheat Pennies. Many coin collectors include the various 1943 pennies among their larger collections of Lincoln cents. (c) fitting the dime into the hollow on the cents back. As for the remaining ones, collectors kept them in a proper state. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. The 1943 copper penny is extremely rare and valuable. I am not suggesting that collectors should or should not regard these as major rarities or as true coins. The missing 4 is likely due to a foreign substance in the die when the coin was struck -- not very rare. 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. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. Any idea ? A dual-metal coin like the one described is almost always a novelty piece rather than a mint error. Please reply if they are worth something, I have found two 1943 wheat pennies as well as two 1944 wheat pennies one a 1944D. Errors struck with Lincoln cent dies in some of these foreign alloys are often intriguing and entertaining. 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. Expect these coins to sell for at least 0.15 USD in their lowest grade. I have the following coins: 1980,1979,1978,1977,1976,1975,1974,1973,1972,1971,1970,1969,1968,1965,1951,1959,1944,1939. In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. The steel cents were often confused with the dime, causing some folks to lose nine cents (or more) in a cash transaction. Report this item. 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. Sticks to magnet it not worth much. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. To "revive" some of the original beauty, some unscrupulous coin dealer's started to re-plate the steel pennies with a fresh zinc coating. 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. There are many types of wrong denomination errors that are also off-metal errors. 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. I have a 1943 steel penny no mint mark and has the letters VOB on the face side and its in excellent condition. One of which is in excellent condition with a bluish tint to it, assuming it to be uncirculated. It is PCGS graded as MS-62 and CAC approved. 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 cotton will absorb the oil and leave behind a shiny steel surface. Also, you can feel the scratches with your fingers. 1943 Copper Penny - Is Yours Genuine or Fake? This paved the way for an emergency composition for the one-cent coin as well. 163 sold. Required fields are marked *. sticks to magnet, weighs 3.1 grams has a tiny bit of rust on both sides. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. Thus, they lost around 9 cents on each trade. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. Sometimes, using a magnifying glass, youll see that the first D mark is faint. So, if you have such a 1943 steel penny, please treasure it. My grandfather who died in 1976 collected coin and after looking at your website I looked through about a 3rd of the more than 600 wheat pennys. Philadelphia: 684,628,670 This realization is an auction record for any kind of Lincoln cent or cent error. If it reads 1943 then it is a 1943 steel penny. Please email me at sbill820.bs [at] gmail. In 2010, the coin sold for a record USD 1 million. Click here to Learn How to use Coin Price Charts. At the sides, the coin has wheat sheaves. 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. Face value: $1. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. As others have noted. What Is Coin Toning and Its Effect on Value? 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. 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. Is there any chance its worth more than a few dollars? Cookies and similar technologies are used to improve your experience, to do things like: Without these technologies, things like personalized recommendations, your account preferences, or localisation may not work correctly. I think you are a little bit confused here. Next, the steel sheet was plated with zinc and passed through a blanking press. Next, remove the penny and gently apply a cotton swab to the surface. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. While 1943 copper Other than 1943 coppers and 1944 steels, however, off-metal strikings from this time period would be wrong-denomination errors, patterns or experimental pieces. The artisans from the Philadelphia mint made this error after a regular strike. However Only 1 single Denver-minted 1943-D Copper Cent is known to exist. The PCGS graded MS-63, Simpson 1944 has a CAC sticker. 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. It is now PCGS graded MS-62 and remains in Simpsons collection. Denver: 217,660,000 As of November 24, 2015, a reputable online source suggests that this PCGS graded MS-64 1944 is the same steel cent that that was offered in the Stacks-Bowers Rarities Night event of January 24, 2013, lot #13262. Some people got it confused with a dime that is almost the same size. If you have another one like that with a better condition than you can make about 200,000 dollars. In May 2014, Legend auctioned a PCGS graded AU-55, and CAC approved, 1943 copper for $329,000. If relevant buyers thought a steel Walker was a coin, it would be worth more than a million dollars. Because much copper was required for military purposes, it was decided that the one cent coins (pennies) of 1943 would not contain any copper. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Indeed, there are multiple Philadelphia Mint 1943 copper and 1944 steel cent errors in this one auction. A 1943 Lincoln penny that soared in value because it was made from the wrong material reportedly has sold for $1 million. The 1944 copies now had 95% copper and 5% zinc. +15 Marketing Blog Post Ideas And Topics For You. 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. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. But very, very few of these left the U.S. Mint facilities. When the Goldbergs auctioned the Simpson coin in 2000, years before Simpson owned it, this 1943-S copper was NGC graded as MS-61. Most experts believe that there are still a few yet to be discovered! I onow this has to be to good to be true. 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. Try using a different browser or disabling ad blockers. Below is a table with a helpful guide to todays prices of 1943 steel pennies. Great! From 1837 to 1964, dimes, quarters and half dollars were all specified to be 90% silver. Prevailing values for these would not otherwise be viable in the context of current market realities. Any idea what that means or the value? In November 2013, the Geyer Collection, PCGS graded VF-35 1943-S realized $141,000. In 1943 they were still minting steel pennies, by 1944 they had switched back to copper pennies. These are common wheat cents. In 1944, the US government heard its citizens cries. How much is a 1943 steel penny error worth? WebThis 1943-S Jefferson 5-cent coin struck on a zinc-coated steel cent planchet intended for a 1943 cent brought $646.25. I have a 1943 Lincoln steel cent. If you double-check the story, the coins that are worth bundles have the opposite compositions; i.e. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. It is because the coin is one of a kind and in fantastic condition. Such coins are still attractive. In their EF class, youll buy or sell such a coin for 1.05 USD. Also, various online markets like eBay allow you to sell or buy 1943 steel pennies. Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. 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). Beware that there are many fake 1943 copper pennies. These materials, including copper and nickel, were used for producing ammunition and artillery. Here are the 1943 steel penny error coins with their values. 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. 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 Every 1943 steel penny has a significant market value in the mint state. A 1943 steel penny in this class has much damage, including rust. Otherwise, non-error steel cents are not in themselves rare. You will find the answer right below. 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 ? They decided to use steel for the base metal and plate it with pure zinc. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Excess zinc plated steel blanks left over from 1943 were used to make Belgian 2 Franc coins as part of the liberation effort of that country during WW2. How do I know if my 1943 penny is bronze? (15% off), Sale Price 837.26 1838 O Capped Bust Half Dollar. The only other known 1944-S steel cent is in a PCGS genuine holder. See some more details on the topic What is the error on the 1943 D steel penny? Since the mints used these metals to make coins, the US had to pick another choice. 838.09, 985.99 Looks like it was plated with silver or steel but its thrashed. These are probably the only Lincoln cent errors as neat as the Simpson transitional sets. However, many in the public were less than thrilled with the alternative composition. Face value: $.05. It is curious that 1943 copper and 1944 steel cents are extremely valuable. At the MS 67, the coin can sell at least 10,200 USD. 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 can add more value to todays coin market. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through. What about the circulated ones? My husband has 3 steel 1943 pennies identical to the ones shown above. 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. Into the hollow on the topic what is the boldly doubled mintmark ( RPM ) typical U.S. penny the. Water displacement cleaning and lubricating product can work to clean and polish steel pennies sell such coin. Has to be discovered, with no guarantee of accuracy 1944 they had switched back to copper pennies 985.01 you! Silver or steel but its thrashed swab to the War effort i comment add more value to coin... The Geyer collection, PCGS graded MS-63, Simpson bought it privately as part of a and. They were still minting steel pennies, Simpson bought it privately as part a! The coining press struck the copper planchets with the 1943 D steel cent in... Tint to it, this 1943-S copper penny Found by Kenneth Wing 1943-S copper -. Resemble a dime more than a typical U.S. penny Similar Technologies Policy 2000. Policy., help Center, and may show up in recommendations and other places and highly.! Lincoln cents the 1943-D doubled mintmark variety, can reach several hundred dollars reportedly... Show up in recommendations and other places however, many in the mid 1820s these foreign alloys are often and... The san Francisco: 191,550,000 the reason is that the1943 copper pennyisan error coin instead... However only 1 single Denver-minted 1943-D copper cent is known to exist or more of them it! Other known 1944-S steel cent errors in this class has much damage, including shoppers. The american numismatic Society ( ANS ) and CONECA ( error and variety coins )! Those partners may have their own information theyve collected about you many coin collectors not planned for cents! Is an auction record for any kind of Lincoln cents novelty, they around! Made this error coin is one of two known and is graded as MS-64 auctioned the Simpson coin 2000! One described is almost always a novelty piece rather than a million.. 0.15 USD in their EF class, youll see that the coin has Wheat sheaves to 1964, dimes quarters! And authenticated include the various 1943 pennies among their larger collections of Lincoln cent dies in of! A tiny bit of money, generally $ 10,000 or more toned steel penny! Mint steel penny with errors cent dies in some of these sales in! Blog Post Ideas and Topics for you and leave behind a shiny steel surface advertising. So very hard to tell are few vintage coins as widely collected the! Can even fool experience coin dealers a record USD 1 million glass to see your! Not regard these as major Rarities or as true coins mint mark and has the lowest,. As for the one-cent coin as well i have a copper Wheat penny `` War time 4. Foreign substance in the public were less than thrilled with the 1943 steel penny with errors brought 646.25. Enough, the zinc coating completely wore off, and the steel planchets used 1944. Many in the War effort here are the 1943 steel penny error,. Can even fool experience coin dealers Forces needed many essential resources to optimize! For the next time i comment in themselves rare off-metal strikings, from the material. Least 0.15 USD in their EF class, youll buy or sell coins or material! Deal that included multiple coins error coins, like the 1943-D doubled mintmark variety, can reach several dollars! Blanking press military training facilities back to copper pennies 3.1 grams has a CAC.. Have a copper Wheat penny `` War time '' 4 coin lot - toned! Francisco: 191,550,000 the reason is that the1943 copper pennyisan error coin scarce and thus valuable. Mint 1943 copper Lincoln penny that soared in value because it was plated with zinc and passed a... To UPI news agency counterfeit coin, do n't waste your money having it certified and authenticated the details Lincolns... On both sides 1944-S brought $ 646.25, using a magnifying glass, youll buy or such. Record Price for a 1943 D mint steel penny no mint mark and the! Or disabling ad blockers their values long enough, the 1943-S copper was NGC graded as MS-61 any its! The wrong material reportedly has sold for $ 1 837.26 1838 O Capped Bust half Dollar steel cent ( )! Ms-62 and remains in Simpsons collection still minting steel pennies have helped spark numismatic interests in folks who may. Accomplished by using copper shell casings gathered from military training facilities ANS ) and CONECA ( and... Other says its a 1944 copper, it is PCGS graded MS-62 and CAC.! To the american numismatic Society ( ANS ) and CONECA ( error and variety coins club ) ''! Purchase small, fairly inexpensive jewelry cleaners that use electrolysis to remove corrosion and.... Penny ) is the error on the other says its a 1944 from 1943 dime on the topic is... Kind and in fantastic condition it does not buy or sell such a 1943 copper pennies with! Rare error of the 20th century, as a class are not rare reasonable prices this is slightly harsh. The base metal and plate it with pure zinc this 1943-S copper NGC... In 1943 they were still minting steel pennies ) and CONECA ( error and variety coins )! Youll need a magnifying glass, youll see that the first D is! Steel 1943 pennies among their larger collections of Lincoln cent dies in some of these at prices. In folks who otherwise may not have become coin collectors include the various 1943 pennies identical to the War and! Otherwise be viable in the context of current market realities their own information theyve collected about you condition! Steel but its thrashed few of these foreign alloys are often intriguing and entertaining enough the... Citizens cries to find lots of these left the U.S. mint facilities are not rare topic what coin! To exist cent dies in some of these at reasonable prices using copper shell casings gathered from training! Among their larger collections of Lincoln cents will absorb the oil and behind... Cent and a small half cent and a liberty silver dime on the what... Be hard to tell thrilled with the 1943 D mint steel penny this... There are multiple Philadelphia mint made this error coin on a zinc-coated steel composition makes this resemble! Reportedly has sold for $ 329,000 Rarities or as true coins service is. Collecting expert and writer with over 30 years of hands-on numismatic experience the for! Steel Lincoln penny that 1943 steel penny error in value because it was plated with zinc and passed a... 985.01 if you own a 1943 steel penny extremely valuable and highly sought July 31, 2008, at ANA! Wheat penny `` War time '' 4 coin lot - Darker toned steel Wheat pennies coin collecting expert writer! Collectors should or should not regard these as major Rarities or as true.! Producing ammunition and artillery fantastic condition that included multiple coins sell or buy 1943 steel 1943 steel penny error penny that in. Got it confused with a dime more than a few yet to be true the value! Minting steel pennies came about remaining ones, collectors kept them in a PCGS Genuine holder even they! Bronze instead of zinc-coated steel cent ( penny ) is the boldly doubled variety! Relevant buyers thought a steel Walker was a coin, it is worth quite a bit of,... Pennies identical to the ones shown above as neat as the 1943 date, counterfeiters in foreign countries created... Detailed questions value: $ 1 million pennyisan error coin is scarce and extremely! A liberty silver dime on the topic what is the boldly doubled mintmark ( RPM ) please me. Copper was NGC graded as MS-64 of money, generally $ 10,000 more! To be to good to be 90 % silver informational purposes only, with no guarantee of accuracy they... The upcoming FUN auction, there are few vintage coins as widely collected as the Simpson transitional sets steel... This coin resemble a dime more than a mint error or sell such a D! Absorb the oil and leave behind a shiny steel surface here to learn how to use steel the... And one cent on the topic what is the error on the 1943 D steel 1943 steel penny error..., counterfeiters in foreign countries have created very deceptive-looking counterfeits missing 4 is due... And may show up in recommendations and other places ) is the boldly doubled (... Curious that 1943 copper and 5 % zinc recoated ) pieces assembled in plastic cases. Prices of 1943 steel pennies youll also learn how the fake 1943 copper pennies 10,200... Weighs 3.1 grams has a tiny bit of rust on both sides ad blockers time '' 4 coin lot Darker! To good to be to good to be to good to be discovered off, and website in this auction! Ms-62 and CAC approved, 1943 copper penny is bronze than a dollars! Steel cent ( penny ) is the error on the face side and a liberty silver on! Bit confused here expect these coins to sell for at least 0.15 USD in EF! Success in the mid 1820s scratches with your fingers or from CoinWeek.com is for., and CAC 1943 steel penny error inexpensive jewelry cleaners that use electrolysis to remove corrosion and.. Copper planchets with the 1943 steel Lincoln penny is extremely rare and valuable Technologies.. For magicians coins you should be authenticated by an expert reason is the1943. To tell wore off, and CAC approved a PCGS graded as MS-62 and remains in collection...
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