It is now part of The Dazzling Red Collection of Lincoln Wheat Cents owned by this unnamed collector. Copper was completely eliminated from the denominations composition, in favor of a one-year-only type featuring a zinc-plated steel composition. Another scam involves the 1948 penny. 1943 steel cents capture interest of collectors. Coins are worth at least their face value. Many coins removed from circulation have only touches of wear retaining a pleasing appearance. on the back at the bottom between the stems of the wheat ears), 1909-S Over Horizontal S (re-punched mintmark or RPM), 1943 Bronze/copper (cents in 1943 were made out of zinc plated steel, not copper), 1943-D Bronze/copper (cents in 1943 were made out of zinc plated steel, not copper). So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite . With the four different reverses on theLincoln cent in 2009, and the new Shield reverse starting in 2010, interest in Lincoln cents peaked for a few years. For all these reasons, the US Mint decided to reuse copper for producing pennies in 1944. In addition to the pennies mentioned above, keep an eye out for wheat pennies with double dies and other errors they'rerare coins worth a considerable sumin the coin collecting business. There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. Uncirculated This coin wasnt in circulation and kept the entirely noticeable highest relief points and the glow on Lincolns cheek and jaw. Guarenteed. But even in poor condition, they may be worth at least 3 or 4 cents, and some may be worth a lot more to coin collectors. Expert's Assistant: The Appraiser can help. My love for coins began when I was 11 years old. A natural blue-grey color is displayed by the fields of the coin, highlighting the legends and devices. You can recognize only Lincolns profile, while almost all the details have merged. The Rare 1943 Penny If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The penny is more valuable than the one made in Philadelphia without a mint mark. The reason for such a coin was simple. Mistakes also happened, and rather than scrapping the coin, the coin was usually re-punched with the correct mark. Precautions help preserve the future condition of the coin. and new product arrivals. Very interesting site and looking for the value of a 1943 penny unminted. US Mint. But if I an 10 others were to put a grade on it from 1-10. I have two 1944 penny's one with D mint one with no mint. USA Coin Book Estimated Value of 1943-S Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $252,182 in Average Condition and can be Worth $593,651 or more in Uncirculated (MS+) Mint Condition. The first Lincoln pennies released came to be known as the Lincoln wheat penny, or Lincoln wheat cent, which featured two wheat stalks framing the writing on the reverse side. How Much Is My Modern Jefferson Nickel Worth? Their steel counterparts are much more common. Worn steel pennies with eye appeal are popular with beginning collectors and a fascination to younger collectors. The diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. I have a 1982 no mint penny that is blank on the back, how much is that worth? Wear has removed enough design and metal from the two examples to grade lower than extremely fine on a technical basis. The error can be seen in the word Trust and on the date. Also important to collectors is condition of a coin. Hello, I am trying to figure out where do I share the photo, of my 1944 Penny minted in Philly andif it has any value? It will bring you to a site were the P,D and S mints are. Hi Michael I have several the UNC. Evidence of both rust and oxidation are visible on the example coins. If they are in truly pristine condition, however, they could be worth up to $10 for the D mintmarks and up to $25 for the S mintmarks. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. Therefore, you can sell the 1943 MS 68 Steel Lincoln penny for an impressive $4,690. Brass brushes would be an excellent option because they are softer. No larges nicks distract the eye and rust is not present. Originally, Brenner's signature appeared on the obverse of the coin. This comment section is dedicated more to general commenting. Placing an accurate value on your 1943 penny follows a step by step process. For the best experience on our site, be sure to turn on Javascript in your browser. Thus, alternative metals were considered for minting coins. For higher value coins, Grading Lincoln Wheat Pennies expands on the grading process with video, descriptions, and images. The best bullion deals straight to your inbox. - How Much is a Silver Dollar Worth? Thank youy76hghy 1943 Lincoln Wheat cent, steel composition. The United States Mint struck over 600,000,000 of the Lincoln Wheat Penny in 1943, which is a fairly large mintage. The Wheat Penny debuted in 1909 and production ceased in 1958, during President Eisenhowers term in office. I would like to sell would anyone be interested?? These coins are struck from a zinc coated steel alloy. 1944 Lincoln Wheat Penny Value Guide. While 1943 copper cents weigh about 3.11 grams and dont stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. In any condition, the following Lincoln wheat cents are worth considerably more than common wheat pennies. While 1943 copper cents weigh about 3.11 grams and don't stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. Very few of these pennies were minted and released into circulation. Listen to this post about the 1943 steel penny or keep reading below: The steel penny may seem like a random anomaly to some. Since most of these coins were in circulation, today is difficult to find a specimen in excellent condition. You should always check the zinc oxidation levels. A distinct merging of Lincoln's hair and forehead is visible. It is not difficult to find the 1943 Denver Lincoln Steel Penny in medium or even high qualities. The small batch of 1943 bronze wheat pennies that were minted in Philadelphia, San Francisco and Denver are now among the most valuable Lincoln cents on the market for collectors. a #8 might get you #1 maybe ? Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. Does anyone think the mint will change the composition of the penny again? The silver colored Lincoln wheat cent minted in Philadelphia with no mint mark is the most common 1943 penny. How much is a 1943 Lincoln penny worth? Other 1943 copper pennies routinely sell for $100,000 to $200,000. A lower quality EF40 was sold for $23,000 in 2001 which was a real bargain for the buyer. First minted in 1787, the U.S. penny has been one of the mainstays ofAmerican coinage. When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. Value: Values range from $350 to about $12,000 for this coin. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-leader-1','ezslot_7',108,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-1-0');The 1943 wheat back penny is very unique as it was the only year that Lincoln head cents where supposed to be made of zinc, however some rare zinc coated steel coins exist with a 1944 mint date. Regular 1943 steel cents, on the other hand, can be had for between 10 cents and $1 each in circulated grades, and for about $3 to $5 in uncirculated grades. This minting error has resulted in a coin that is worth around $100,000 and is currently the most expensive Penny in the realm of coin collecting. Small details necessary to accurately value are described. Luster and its texture remain intact to reach the uncirculated grade. This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. Continue with Recommended Cookies. President Theodore Roosevelt commissioned a revamp in the American coinage at the time. Place higher grade coins in individual holders. These steel cents or steel Pennies as they are commonly called, were quite unpopular when they first were released. It is worth significantly more than its face value in any condition. go on line and type in 1943 or 44 penny Value Value:The value of this coin ranges from $50 up to $240 for uncirculated coins. Given the popularity of collecting Lincoln Wheat cents, there will always be a demand for quality coins. "D" Mintmark Under Date: Denver Mint Struck the Coin. Each of the above are worn 1943 steel cents displaying wear to the surface. These are numismatically worthless since they are altered coins. A record price of $21,275 was fetched at auction for a MS67 D/D. I kept it and put it in the fold and staple. Unfortunately, this change in the material wasnt an excellent idea. A record price of $21,275 was fetched at auction for a MS67 D/D. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Value:The value of a coin with this error can make for quite a few dollars, ranging from $80 to as much as $3,000 if uncirculated. Printable sheet to list and inventory your coins. I have two fine pennies 1943 D steel wheat penny and 1944 Philly wheat penny. It was graded MS68 by PCGS. *by CoinStudy Specific 1943 Penny 1943 Copper Lincoln penny Hey Glenn. However, the mints accidentally made a few pennies with bronze planchets instead of steel planchets coated with zinc. This may come as something of a surprise to the many who believe these coins are quite valuable. More than 1 billion 1943 steel wheat pennies were made: However, by the end of 1943, much of the public complained about the new steel pennies. The uncirculated 1943 steel penny value usually ranges from about $1.50 to $5. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. Nevertheless, checking the 1943 Penny value is advisable, particularly if you have a bronze piece or one with an error. These are rare pennies to look for in . That is when I noticed the Memorial was not parallel to the obverse (about 15 degrees off kilter). People often mistakenly replaced these two coins for similarity and lost nine cents per piece when paying something. Most 1943 steel pennies that youll find in circulation are pretty well worn (and many that are worn exhibit rust). (Price Chart), How Much is a 1943 Walking Liberty Half Dollar Worth? Silver Price $331 Outside COMEX Trading Hours? Value: This coin ranges in value from about 35 cents to $3,000 if in mint condition. Value:This penny's value ranges from about $20 to as high as $5,000 if in mint condition. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! According to USA Coinbook, a circulated 1943 Philadelphia minted steel penny is worth between 10 and 55 cents, whereas an uncirculated coin is worth between $2.74 and $10. 1943 Steel Wheat penny DDR value chart. Some vending machines rejected the steel wheat cents. ), A 1999 Penny Worth $300? I found recently a 1984 penny with some raised ridges on the obverse. However, many in the public were less than thrilled with the alternative composition. Latest Offers, Straight To Your Inbox. PCGS has more than 48,000 copies registered in MS60 or higher grades and halves to 24,000 copies registered in MS65 . Takedown request | View. . Depending on how heavily circulated the coin is, you could get between 10 and $1. One wide spread market development was the introduction of "Reprocessed" 1943 Steel Pennies. Lincoln Wheat Cents are legal tender. The images aren't coming through unfortunately. We and our partners use cookies to Store and/or access information on a device. Buypriceis what you can expect to pay to a dealer when you purchase the coin, andsellvalueis what you can presume a coin dealer to pay you when you sell the coin. I have 1943 steel wheat pennies among many others,have no access to internet much,am wondering if theyre worth more than face value? I was wondering is my US cent from 1943 and 1944s are worth any money. The S-marked penny comes from the San Francisco mint. "S" Mintmark Under Date: San Francisco Mint Struck the Coin. The all-time record price for a 1943 bronze cent is $1.7 million. Circulation wear has removed only small portions of the outer zinc coating. Their history is directly connected with WWII. As a result, the 1943 penny is very low on the rare coin scale. Although the US Mint decided to replace copper with steel in the penny production, the machines mixed copper leftovers with steel plates. The United States Mint started its production in January of the following year. You can tell its made that way. Confusing which is which between the two years could cost you dearly in your coin collection. This global conflict saw the United States military's involvement from 1941 through 1945. Value: The value of this coin ranges from 95 cents to as much as $700. I have a 1943 steel wheat penny that is in beautiful condition very shiny looks like a new dime no marks perfectly ledgable!! The value of a coin varies according to many factors: metal content, purity, rarity, etc. How Much is a Silver Dollar Worth? This unusual-looking Lincoln Wheat cent is unlike any other United States one-cent coin. The value of your wartime steel cent is determined by its condition and usually depends on whether it has been circulated or uncirculated. Hope that helps! How Much is a 1943 Dime Worth? As illustrated in the photo in the link below, themint markis located on theobverseof the coin,just below the date. The most rare example is the 1943 D bronze wheat penny of which there is only one known to exist. Searching for error coins continues to be a growing hobby. As you have probably known, this metal oxidizes in contact with moisture, creating stains on the surface. Check your inbox or spam folder to confirm your subscription. This set is commonly sold in mass-market offerings. (Price Chart), How Much is an 1943 Silver Quarter Worth? Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures to coin collectors. I have a 1943 wheat penny, with a number three on the back side between the wheat? Surfaces of the coins lack the sparkle of luster only possible by the striking of a coin with dies. In 1943, World War II was in full swing. As the Lincoln Wheat Cents were produced for 50 years, some mintages and variations are rarer than others, therefore, extremely valuable to collectors. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Zinc, the protective coating, when worn, exposed underlying steel. I also have 1943 steel penny with no mint. PS: never send in your coins by mail or leave them there to be looked at. There are a number of varieties of the 1982 penny because the mint was transitioning from a bronze composition to a zinc composition for the coin. Extra fine This coin wasnt in circulation for a long, and you can notice only light signs of wear on its surface. Hi Jackie. Good afternoon! More about rare coins and coin values from the author: Are Silver & Gold Magnetic? Brenner's initials would be brought back in 1918, but they were much smaller and were placed on the front of the coin near Lincoln's shoulder. How much would you be willing to sell one for? The 1943 copper penny is extremely rare and valuable. This is somewhat different than the typical 95% copper, 5% tin and zinc composition generally used at the time for producing Wheat pennies. Go on line and type in 1943 P, D or S pennies value Join us today for FREE! No minted mark means it is a P mint, Penn. Hi Jules. Tod Lock says. 1922 Silver Dollar Value: How Much Is It Worth Today? Victor D. Brenner designed the coin under the direction of Pres. But it turned out a few 1943 wheat pennies had accidentally been made with leftover copper planchets (prepared coin blanks) from 1942 and they escaped from the United States Mint! Josh. You can quickly notice the double-printed mintmark on the coin surface. (Right now, the government loses money on every penny it issues. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Until recently, mint marks were punched by hand, and thus the position tended to vary slightly. Intermediate and advanced coin collectors will learn how to grade Lincoln wheat pennies using the Sheldon scale of 1 to 70. Over the last decade, Ive been asked, How rare are 1943 silver pennies? and How much is my 1943 silver wheat penny worth? more times than I can even remember. 1944 bronze cents are common, but a few of the steel-coated zinc coins were minted that year by mistake. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. A shortage of copper combined with a need to provide coinage to commerce forced the mint to use an alternative alloy. It would be txt. In other words, this is actually an extremely rare error coin. Ed. The 1943 penny is worth $1 000 000 because it is not made of steel. In this instance, the United States Congress passed a law that specified pennies produced in 1943 will be made out of steel instead of bronze. also a 1943 dime sized one cent wheat penny lining for estimated values. As previously mentioned, the debut year had V.D.B. I would bet 1,000 each time it would be an 8 or higher. One is a strong Fine grade and the slightly lower condition example is a pleasing collectible 1943 penny. How Much is a 1961 Franklin Half Dollar Value Worth? He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. By Steven Cochran. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Immediately the mint recognized the metal was harsh on coining dies, reducing die life. If so, depending on whether it is a 1943 or 1944, you can continue verifying its authenticity. In 1943, 217,660,000 pennies came out from the Denver mint. Upper surfaces are clearly flattened and smoothed. Identity of Date and Mint Mark begins the process. The decision was made to strike 1943 wheat pennies from zinc-plated steel planchets. In 1943, the US Mint switched from copper to steel to make pennies. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Value: It is valued from $1.55 to as much as $1,500. Another California Bank Fails Over The Weekend. Anyway have a great day everyone out there. After a while, the coins quickly lost a zinc surface layer and were prone to rust. Well, lots of 1943 steel wheat pennies still survive and that means there are plenty to go around to satisfy the needs of coin collectors. San Francisco struck 191,550,000 zinc coated steel pennies in 1943, 3th highest amount in a single year wheat cent. Some of them are very hard to identify and even experienced numismatists find it difficult to tell the difference. You can sell wheat pennies to local or online coin dealers, in auction houses, online websites such as eBay, coin shows, or pawn shops. The 2 I have no mint brown in color and weighs 2.7 grams. There are many valuable, rare pennies out there. The officialU.S. Mintname for the coin is the cent, and the official U.S. Treasury name for it is one-cent piece.. You can also send photos once I've connected you. https://www.consumer.ftc.gov/articles/0136-investing-collectible-coins, Date by DateIn Depth Lincoln Penny ValueEarly Era 1909 to 1933, Date by DateIn Depth Lincoln Penny ValueSecond Era 1934 to 1958, Coin Value Guide | How to Value a Coin Collection. Have A Silver Penny Thats Not A 1943 Steel Cent? The 1943 steel cent was produced during the height of World War II. Date | Mintmarks | Condition are described and imaged with each series. These coins come from the San Francisco Mint and initially received the designers initials on the obverse of the coin, but after some review, they were repositioned to the reverse. Thomas G. Flammio: What does this mean. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. key dates, low mintage, minting errors), and what are the wheat pennies to look for in your pocket change? The obverse featured the Lincoln head design, still present in the one-cent coins minted today, but the reverse portrayed wheat stalks, hence the moniker. Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. I have a 43 s copper looking penny on one side, steel on the other. There are only 7 known 1944-D steel pennies in existence. That sure is a lot of money for an old penny, right? Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). The magnet test verifies rather or not a 1943 cent is made from steel or copper, not rather or not it is authentic. This minor release of coins resulted in the exceedingly scarce 1909-S VDB Lincoln's penny. Image: USA CoinBook. Grading condition is guided by standards. 1943 penny value reflects its unique status within the Wheat cent series. Extremely Fine Grade: A light amount of wear visible to high areas places this coin in the Extremely Fine grade. Absent is any rust. I also have a very beautiful 1943 wheat penny without the mint mark. 1943 pennies are indeed steel. US coin value charts covering cents to gold. He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. This was accomplished by using copper shell casings gathered from military training facilities. Ultimate Guide To 1999 Penny Values (Including The 1999 Penny Error/1999 Wide AM Penny). Even though this penny is different, it is not particularly rare.

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