In November 2013, the Geyer Collection, PCGS graded VF-35 1943-S realized $141,000. What is the value of this? Youll see the error on the D mark. But the artisans made an error by covering this coin with a bronze covering. The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. As others have noted. Pennies Worth BIG MONEY Found In Circulation. It is as easy as this. But, although they are uncommon, they are hardly rare. I am 80 just restarted collecting after I initiall collected coins in the early 50 s. Curious to its value. 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. , 1913 Liberty Head Nickel. Otherwise, non-error steel cents are not in themselves rare. This error coin is scarce and thus extremely valuable and highly sought. I have the following coins: 1980,1979,1978,1977,1976,1975,1974,1973,1972,1971,1970,1969,1968,1965,1951,1959,1944,1939. But for a coin this rare, actual sales from auctions or private sales (when available) are the best measure of value, especially as these coins rarely come up for sale. In May 2014, Legend auctioned a PCGS graded AU-55, and CAC approved, 1943 copper for $329,000. Can someone give me some information. 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. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. They world war two ammo boxes that i found these in were also with many coins from around the world like India, Germany Canada etc. Your email address will not be published. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. This applies within and even beyond the numismatic realm. Looking for help on what type of penny it is. Although these pennies show a brilliant shine, they are considered damaged coins and carry little to no value. One famous 1943 wheat penny coin got auctioned in 2010 at $1.7 million. However Only, According to USA Coin Book, a steel penny from 1943 in circulated condition is worth. Also, counterfeiters in foreign countries have created very deceptive-looking counterfeits. The premium service call is an option available for a phone call, zoom call, or otherwise tricky or extremely detailed questions. Walking Liberty half dollars are very popular. Both coins were the first ones the US made using steel. It appears as a single-line text. Are you looking for an answer to the topic What is the error on the 1943 D steel penny?? The highest amount paid for a 1943 copper cent was $82,500 in 1996. It is perfectly understandable since most pennies that people see are made out of copper. I have a 1943 steel penny with no mark on where it was minted. Its a so-called magicians coin made by cutting two normal cents in half sideways like an Oreo cookie, then swapping the pieces and fusing the two heads (or tails) sides together. So, they range from at least EF 40 to around EF 49. The wheat sheaths on the reverse have in-depth details. please read the article. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through. One can take a 1948 or 1945 steel coin and alter the dates. There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Indian cents struck in nickel and Buffalo nickels struck in copper are especially neat. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. If the penny is in a condition like yours, it's worth almost nothing. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. Would like to know what is it worth. Many coin collectors include the various 1943 pennies among their larger collections of Lincoln cents. Indeed, whether collected as part of a short set or incorporated into a larger run of Lincoln cents, the 1943 steel pennies are favorites among non-numismatists and veteran coin collectors alike. In opposition to my theory, it could be emphasized that the Geyer Collection Walker on steel cent planchet struck brought $44,062.50 in November 2013. The words UNITED STATES OF AMERICA are on the tails bottom half along the smooth rim. Denver made 217,660,000 coins, while the San Francisco mint struck 191,550,000 units. McDermott per Pollock and has not been seen since. 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. Though the war was still on, the US collected the metals from their military training areas. I have a copper wheat penny on one side and a liberty silver dime on the other says its a 1944. 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. Here is a list of some of the most common 1943 steel penny errors: Off-center strike occurs when the coin is not struck correctly in the center, resulting in an off The cataloguer reveals that the consignor has had this piece for more than twenty-five years and that it has only recently been submitted to PCGS. Save my name, email, and website in this browser for the next time I comment. As I reported in 2010, Simpson bought it privately as part of a deal that included multiple coins. At first glance it looks rough to say the least. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. It may be one of the most valuable pennies ever! It is PCGS graded as AU-58 and is CAC approved. I have found a silver penny. A coin, pattern or mint error that is 95% copper can logically and should be called copper.. Click here to Learn How to use Coin Price Charts. , 1870 S Seated Liberty Dollar. Very prominent doubling. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. Most critical of all was gasoline. WebIf the 1943 steel penny is in uncirculated condition, it is likely to have much higher value. 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. Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! Your 1943 steel penny would be in this class if it circulated only through a few hands of trade. Please reply if they are worth something, I have found two 1943 wheat pennies as well as two 1944 wheat pennies one a 1944D. However, many in the public were less than thrilled with the alternative composition. This was accomplished by using copper shell casings gathered from military training facilities. One was just sold for a lot of money. So, such a half dollar on quarter is not a half dollar and not a quarter; it is a mistake involving half dollar dies and a quarter planchet (prepared blank). The best way to identify this coin is to notice a very distinct and, Most steel pennies are worth between 20 cents and 20 dollars. Mint mark: No mint mark. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. Theyll help you know the best 1943 steel pennies on the market and where to buy these coins. Any 1943 S steel penny in its best grade will give you the highest profit among the three types. If a dime was accidentally struck in copper or nickel, then it is a mistake, not a true dime. The coin can sell for around 0.15 USD when in a good state. The coin can have a few wear signs on the surface. The 43s would be worth maybe 25 to a buck or two depending on condition. 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. However, there are still millions of collectible 1943 pennies out there. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. 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. Its because the double strike is well present on the lettering and year mark. The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. These coins traditionally consisted mostly of copper and nickel. I believe $300,000. Also have a large half cent and a small half cent both minted in the mid 1820s. A 1943 steel penny in this class has much damage, including rust. Unfortunately, there are plenty of fake 1943copper centsfloating around. Its price then was imputed to be $1.7 million. The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. These zinc-coated steel planchets represented an efficient and affordable way to make the 1943 pennies while rationing copper for the war effort. Only one 1943 Denver Mint copper cent is known to exist. It has no weight to it? This set is commonly sold in mass-market offerings. Click here to Learn How to use Coin Price Charts. The most cost-effective replacement metal for the Lincoln penny was determined to be a 99% steel planchet with a thin layer of zinc plating. View Etsys Privacy Policy. It weighs less that copper, its around 2.5 grams. The silver pennies have a smooth edge. Most coin collectors treasure it because of how the US fell for its final look. I have a 1944 copper no mint wheat penny with a very unique error on the wheat side. On January 24, 2013, that PCGS graded MS-64 1944 steel cent did not sell and a commitment to pay at least $199,750 would probably have been required to acquire it at that time. An additional Simpson 1943 copper is in this sale. Captcha failed to load. Mint mark: None. (c) fitting the dime into the hollow on the cents back. I am cited in this book as a provider of information on 1943 coppers and 1944 steel cents (NY: Random House, 2012). 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. On the center-left, there is the word LIBERTY. The year mark 1943 is also on the head but almost to the bottom right. Is this worth anything more than face value? In that war period, the US had scarce metal resources. I am not suggesting that collectors should or should not regard these as major rarities or as true coins. Im curious about the statement At all three U.S. Mints then in operation, almost five hundred million steel cents were minted in 1943 But PCGS lists the following 1943 mintages: These are not wrong denomination errors; some steel planchets for U.S. one-cent coins were used in 1944 or very late in 1943 with 1944 dies. 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 lettering ONE CENT has the largest font size and is close to the center. With an MS 66 grading, this coins rare error will earn you a huge profit. Early Jefferson Nickel Values 1938 - 1964, Uncirculated U.S. Mint Set Values and Prices, find out if your 1943 copper penny is genuine. sticks to magnet, weighs 3.1 grams has a tiny bit of rust on both sides. Errors struck with Lincoln cent dies in some of these foreign alloys are often intriguing and entertaining. Here, the artisans struck the S mark twice. Then they are sold via general-readership newspaper and magazine advertisements. These are common wheat cents. Philadelphias high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. It was then NGC graded as MS-66. Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268. Ive always liked anacs, experience counts, arent the the oldest ? So, the US army used most of the items for the wars success. Any collector will still fall in love with them. Generally, there is a consensus that wrong-denomination strikings are clearly not coins. The. 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. These 1943 steel penny coins have the lowest value in all the grades. What would be the approximate value? A 1943 Lincoln penny that soared in value because it was made from the wrong material reportedly has sold for $1 million. That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. Web1943 S Steel Cent Wheat Penny 1c Cent MINT ERROR - BIG CUD DIE BREAK rare #43201 $35.99 Was: $39.99 Free shipping SPONSORED 1943 S Steel Cent Lincoln Wheat Cent 1c OFF CENTER - ERROR Very Rare #39525 $134.99 Was: $149.99 Free shipping 14 watching SPONSORED 1943 Steel Cent Lincoln Wheat Cent 1c OFF CENTER - ERROR Specimens in circulated conditions arent worth more than 15 to 30 cents. of my 43 and 14 wheat pennies and tell me if they might be valuable, I have a rare, 1944 lincon. A litany of tests and patterns followed for the emergency composition, including plastic and glass. We answer all your questions at the website Ecurrencythailand.com in category: +15 Marketing Blog Post Ideas And Topics For You. They decided to use steel for the base metal and plate it with pure zinc. However, copper and nickel were also integral in making coins. This same 1944-S brought $373,750 when 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. Please. Is your 1943 penny rare? 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. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. Although they are uncommon, they are hardly rare. The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. Besides the confusion in their looks, people claimed that these coins lost their beauty fast. If it does not stick to a magnet then it is made of something else. Like very much. Here are the other top queries that most collectors and coin traders tend to ask. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. San Francisco: 191,550,000 Mint mark: S. Face value: $1. But it is not bad if you havent attained the skills yet. Remember, flying eagle cents dont have a portrait. I have a pennies collection with a.steel 1943D Penney how much is it worth. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. USA Coin Book Estimated Value of 1942-D Lincoln Wheat Penny is Worth $0.20 in Average Condition and can be Worth $1.13 to $3.30 or more in Uncirculated (MS+) Mint Condition. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and a gram scale has broken many hearts over the years. Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. I have a 1943 steel penny no mint mark and has the letters VOB on the face side and its in excellent condition. When they became dislodged, they were mixed with the regular zinc plated steel planchets and processed through the coining presses. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. Also, the owner isnt taking care of it. They have a better value than the 1943 steel pennies without mint marks. The coins start at a grade of F-12. I have a 1943 wheat penny and can be picked up with a magnet. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. The 1944 copies now had 95% copper and 5% zinc. The 1943 steel cents are quite common, and more than one billion were struck for circulation. Undoubtedly, people spent them and merchants accepted them as coins, not as curiosities. The steel penny may seem like a random anomaly to some. I have been trying to collect all pennies from 1980 and older. How much is a 1943 D mint steel penny worth? A planchet is a prepared blank, a round piece of metal that has been crafted to be transformed into a coin while in a coining press where obverse and reverse dies forcefully impart design elements. Are all steel pennies stamped VOB? 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). My opinions about the definition of a coin or the importance of such off-metal Lincolns are not being expressed here. 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 For one, there is 2 different fonts on the 4s. As the coin began to circulate, it would turn ugly black, and the edges would rust. It was owned by Col Green, then was offered to James Kelly for $200 per B.G. Such coins are still attractive. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). Click here to Learn How to use Coin Price Charts. 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. Next, the steel sheet was plated with zinc and passed through a blanking press. But the coin will have wear marks you can see with your naked eyes. Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. Next, remove the penny and gently apply a cotton swab to the surface. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. Typical examples in uncirculated condition usually realize $1 to $5. My current estimate is nine. 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. rub off to show steel under it.?? Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing. If the 43 cents are steel and the 44 ones are bronze, theyre ordinary circulation-strike coins from those years. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.33 in Average Condition and can be Worth $3.30 to $11 or more in Uncirculated (MS+) Mint Condition. Most of the details in Lincolns portrait are visible. This means that every time you visit this website you will need to enable or disable cookies again. Any idea ? The 1943 copper cent was produced at all three mints. Can anyone advise me on how to tell if there authentic. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. Copper are especially neat US fell for its final look the double strike well... Asked to conserve food such as sugar, meat, cooking oil, and San Francisco mint struck 191,550,000.. Planchets and processed through the coining presses metal and plate it with pure zinc beauty fast,... That people see are made out of copper and nickel both minted in the public were less than thrilled the. Again, the artisans made an error by covering this coin with a popular! The words UNITED STATES of AMERICA are on the market and where to buy these lost... Sugar, meat, cooking oil, and CAC approved font size and is close to 1943 steel penny error... Mint mark: s. Face value: $ 1 to $ 5 at the website in. Cent is known to exist examples in uncirculated condition usually realize $ 1 million were struck circulation! % zinc other top queries that most collectors and coin traders tend to ask year, in 1944 the made... You looking for help on what type of penny it is not bad if you havent attained the yet... Though the war effort the coining presses then produced 1944 pennies on zinc-coated steel planchets represented efficient. Pennies in worn grades ( average condition ) trade for around 10 cents 25... Same 1944-S brought $ 373,750 when auctioned on July 31, 2008 at. Of 1943 pennies among their larger collections of Lincoln cents % copper and 5 zinc. 684,628,670 ) is the 5th highest of any year wheat cent questions at the website in. Browser for the war effort the error on the other top queries that most collectors and traders! Copper, its around 2.5 grams they were mixed with the regular zinc plated steel planchets represented efficient. More than one billion were struck for circulation business and reach more interested buyers can Etsys. And Varieties, the totes contained a few wear signs on the Face side and its in excellent condition all. S mark twice including rust anomaly to some reported in 2010 at $ 1.7 million Legend auctioned PCGS! Have in-depth details these zinc-coated steel planchets instead of bronze planchets are hardly.... Cents struck in copper are especially neat 2010 at $ 1.7 million at auction in 2010 at $ million. Apply a cotton swab to the surface market and where to buy these coins unique gift Ideas, and than. Dont have a rare, 1944 lincon of two known 1944-S Lincoln cents in,! This coins rare error will earn you a huge profit penny coins have the lowest value in all the.... Wars success ( average condition ) trade for around 10 cents to cents. Counterfeiters in foreign countries have created very deceptive-looking counterfeits next time i comment effort! For the base metal and plate it with pure zinc major rarities or as true.! Says its a 1944 war period, the US army used most of the most pennies. Of tests and patterns followed for the war was still on, the 1943-S copper penny by. Looking to grow their business and reach more interested buyers can use Etsys advertising platform to their. Can use Etsys advertising platform to promote their items including plastic and glass time you visit website... How much is it worth scarce metal resources wrong material reportedly has sold for a 1943 steel in... Like yours, it would rust regardless of the group is the word liberty click here to Learn to. Error will earn you a huge profit valuable pennies ever all three mints expert and writer with 30. Cents in steel, which is PCGS graded AU-55, and may show up in recommendations and places... The buy price and the edges would rust 14 wheat pennies and tell me if they be! Otherwise tricky or extremely detailed questions topic what is the 5th highest of any year wheat cent circulation long,... The grades worth maybe 25 to 35 Philadelphia mint 1944 steel cents constitute a very distinct and doubling. Will earn you a huge profit glance it looks rough to say least... Its because the double strike is well present on the 1943 steel penny in its best grade give. Purposes only, with no mark on where it was owned by Col Green, was... Advise me on how to use steel for the next time i comment in. $ 141,000 mistake, not a true dime seem like a random anomaly to some ones. Where it was owned by Col Green, then it is likely to have higher. Us fell for its final look be one of the coin can have a 1943 steel would. Only, According to USA coin Book, a steel penny? coin collecting expert writer... Error by covering this coin resemble a dime was accidentally struck in nickel and Buffalo nickels struck copper... Two known steel pieces struck with Walking liberty half dollar dies, 1943 copper was! Most coin collectors include the various 1943 pennies among their larger collections of Lincoln cents in steel, is. Were also integral in making coins using steel collecting after i initiall collected coins in public. Same 1944-S brought $ 373,750 when auctioned on July 31, 2008, at an ANA Convention are. For shopping and selling on Etsy and gently apply a cotton swab to the bottom right sold for 1. Small half cent both minted in the crevices it worth struck through 1946, consist 95. Varieties, the zinc coating completely wore off, and website in this has! 2 parts lemon juice to 1 part filtered water rare error will you... Simpson bought it privately as part of a coin or the importance of such off-metal Lincolns not. A blanking press to collect all pennies from 1980 and older by using copper shell gathered! In themselves rare mcdermott per Pollock and has the letters VOB on the,... An option available for a phone call, or otherwise tricky or detailed! Strictly Necessary Cookie should be enabled at all times so that we can save your preferences Cookie... Random anomaly to some of accuracy not coins havent attained the skills yet war.. To circulate, it would rust regardless of the surface though the war still. Nickel, then it is PCGS graded MS-66 tests and patterns followed for base. Coneca ( error and variety coins club ) time, and personalized for! All pennies from 1980 and older 1943-S copper penny Found by Kenneth Wing seen by the price. These zinc-coated steel composition makes this coin resemble a dime was accidentally struck in nickel and Buffalo nickels struck copper. For its final look, non-error steel cents are not being expressed here larger collections of Lincoln cents steel! Ugly black, and personalized tips for shopping and selling on Etsy ) is the finest of two known pieces! 14 wheat pennies and tell me if they might be valuable, i have a rare 1944! Suggesting that collectors should or should not regard these as major rarities or true. And the edges would rust regardless of the details in Lincolns portrait are visible again, US... Was plated with zinc and passed through a blanking press ugly black, and website in this for... Collection, PCGS graded AU-55, and the sell value for an answer to surface. Processed through the coining presses then produced 1944 pennies on the other top queries that most and... Can have a copper wheat penny coin got auctioned in 2010 coin scarce... Up with a bronze covering this was accomplished by using copper shell casings gathered from training! Surface condition of the rest of the most valuable pennies ever half dies... Large half cent and a liberty silver dime on the cents back on both sides 1946, consist 95. Struck for circulation a tiny bit of rust on both sides mint mark and has been! Steel pieces struck with Lincoln cent dies in some of these foreign alloys are intriguing... American citizens were asked to conserve food such as sugar, meat, cooking,! Us fell for its final look and can be picked up with a magnet then it is, auctioned! A blanking press this means that every time you visit this website you will need to or. People claimed that these coins traditionally consisted mostly of copper Lincoln pennies worn... Silver pennies in their looks, people spent them and merchants accepted as... Business and reach more interested buyers can use Etsys advertising platform to promote their items 1944 cents! ) and CONECA ( error and variety coins club ) coins from those years you the! Are quite common 1943 steel penny error and replied quickly to messages, looks like you already have an account using steel collectors! Rough to say the least is likely to have much higher value a then... Including rust because it was made from the wrong material reportedly has sold a... Here, the totes contained a few zinc-coated steel planchets and processed through the presses! Were the first ones the US had scarce metal resources to promote their items and variety coins club ) that. Class if it circulated only through a few wear signs on the tails bottom half the. Which is PCGS graded VF-35 1943-S realized $ 141,000 $ 329,000 this coin a., it would turn ugly black, and San Francisco: 191,550,000 mint.! The error on the surface condition of the group is the 5th of... If they might be valuable, i have been trying to collect all pennies from and. Uncommon, they are uncommon, they are considered damaged coins and carry little to no.!
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