How do I know if my 1943 penny is copper?
The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper. If it does not stick, the coin might be of copper and should be authenticated by an expert.
What are the odds of finding a 1943 copper penny?
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. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more.
How can you tell if a penny is copper or bronze?
Try picking your coin up with a magnet. If your coin is attracted to the magnet, it is made of copper-plated steel (a fraud). If the magnet does not attract your coin, it may be made of bronze and you should have the coin authenticated to determine if it is the “real deal”. In 1943, the U.S.
How much is a 1943 copper penny worth in mint condition?
While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more. One report suggested that, depending on the condition of it, the 1943 copper penny can be worth anywhere from $60,000 to $85,000.
How rare is a 1943 steel penny?
Because they are quite common, a 1943 penny in circulated condition is not worth much. 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.
How can you tell if you have a bronze penny?
The easiest way to determine whether or not your 1943 Cent has collectible value—to see if it is possibly bronze rather than steel—is simply to test it with a magnet. If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases.
How much is a 1943 D Steel wheat penny worth?
CoinTrackers.com has estimated the 1943 D Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $12.
Have all the 1943 copper pennies been found?
Today, a total of 27 1943 copper wheat pennies are confirmed to exist and have been graded–including six of the 1943-S, as well as the unique 1943-D. Seven of the 27 have been graded by PCGS and 13 have been graded by NGC.
Are all the 1943 copper pennies accounted for?
Finding a 1943 Copper Penny: Luck or Skill? Copper pennies dated 1943 are not supposed to exist. They are supposed to be made out of zinc-plated steel. However, some of these pennies do exist and it’s a matter of sheer luck if you find one in pocket change.
Are 1943 steel pennies valuable?
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.
Is a 1943 Steel Wheat Penny valuable?
How can I tell if my 1943 steel penny is worth anything?
Will a 1943 bronze penny stick to a magnet?
Here is how to determine if your coin is worth $1 or $100,000. Even a small magnet will easily stick to any 1943 penny made of steel.
How do I know if my 1943 penny is worth anything?
How much is a 1943 penny worth copper?
They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.
How much is a copper penny from 1943 worth today?
CoinTrackers.com has estimated the 1943 Copper Wheat Penny value at an average of $60047.00, one in certified mint state (MS+) could be worth $85,782.
How much copper is in a 1943 penny?
Are there fake 1943 copper pennies?
Any genuine 1943 copper pennies are extremely rare mint errors. Learn more about your silver-colored 1943 Steel Penny.
How do I know if my 1943 steel penny is worth money?
What year is a penny worth 1 million dollars?
In September 2012, Legend Numismatics of Lincroft, New Jersey has announced that collector Bob R. Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet.
Which 1943 steel penny is valuable?
A 1943 Lincoln penny that soared in value because it was made from the “wrong” material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency.
What does a 1943 copper penny look like?
1943 Copper Wheat Penny. What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.): One of the rarest and most intriguing US coins is the 1943-D Bronze/Copper Lincoln Wheat Cent. Nearly all pennies from 1943 are supposed to be steel cents.
Are there any copper pennies in the US Mint?
Ammunition required so much copper, the US Mint had to find an alternative source for the penny – thus the 1943 steel pennies. The U.S. Mint had denied that copper pennies minted in 1943 existed. You can read a news article from 1960 stating these rare copper cents do not exist.
What kind of coin was used in 1943?
The present coin is a lightly circulated olive-brown specimen, with hints of steel and copper-red patina in selected areas. The zinc-coated steel planchets used in 1943 were considerably harder than the bronze planchets used in earlier years.
Why was there a shortage of copper cents in 1943?
The few resulting “copper” cents were lost in the flood of millions of “steel” cents struck in 1943 and escaped detection by the Mint’s quality control measures. They quietly slipped into circulation, to amaze collectors and confound Mint officials for years to come.
How rare is a 1943 Lincoln Steel Penny?
Despite the widely held misnomer by many non-collectors that 1943 Lincoln Steel cents are rare and valuable, these coins were struck in huge numbers and are relatively inexpensive in all but the highest uncirculated grades. All told, the United States Mint struck nearly 1.1 billion zinc-coated steel cents in 1943.
How much is a 1943 D steel penny worth?
A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents. The uncirculated 1943 steel penny value usually ranges from about $1.50 to $5 . Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100 .
What is the value of a 1943 silver penny?
A 1943 silver penny that is in circulated condition is worth about $0.12 to $0.15 U.S. Dollars (USD), whereas one in brand new, uncirculated condition is worth about $0.50 USD.
What’s is the 1944 penny value?
1944 Lincoln Penny Value Condition of Coin; Date Good Fine Extremely Fine Uncirculated 1944 Lincoln Penny Value Up-Dated 2021 1944 $0.02 $0.02 $0.04 $0.52 1944 D $0.02 $0.02 $0.04 $0.76 1944 S $0.03 $0.03 $0.05 $1.26