The missing 4 is likely due to a foreign substance in the die when the coin was struck -- not very rare. Can anybody tell me what the value of that coin is? Theres tons of information available if you search for 1943 D cent. They think of regular 1944 coppers and 1944 steel cents as two different issues of coins. You can change your preferences any time in your Privacy Settings. 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. Most of the details on Lincolns face arent present. Etsy Search In November 2013, the Geyer Collection, PCGS graded VF-35 1943-S realized $141,000. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. No Mintmark Under Date: Philadelphia Mint Struck the Coin. Any idea ? If you won such a coin, youd earn more if it was uncirculated. Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. Because much copper was required for military purposes, it was decided that the one cent coins (pennies) of 1943 would not contain any copper. One was just sold for a lot of money. The exact same error, however, in the same PCGS holder, with the same MS-62,grade, earlier realized $10,925 in the FUN auction of January 2006, when markets for rare U.S. coins were booming. Here are the 1943 steel penny error coins with their values. Are all steel pennies stamped VOB? Try using a different browser or disabling ad blockers. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach, Which Material Has Lowest Elastic Modulus? I have a 1943 S steel wheat penny and dont know value if any. Very rare 1943-D steel penny variety sold for $10,200! Specimens in circulated conditions arent worth more than 15 to 30 cents. The 1943 steel cent was produced during the height of World War II. Patti Gonzales. The coin has the lettering IN GOD WE TRUST curving above Abraham Lincolns head. I am aware of just one instance of anther Lincoln cent errors from the 1940s selling for more than $25,000 at auction, and that piece is particularly distinctive and is likely to be unique. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). When Scott Travers prepared the 21st edition of his Insiders Guide to Coin Values, the decision was made to place a 1943 copper cent on the cover, as this is a rare coin that is nevertheless familiar to the general public. Today, most collectors and miners go for this coin because of its history. 1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. We are using cookies to give you the best experience on our website. A MS-63 grade 1943 copper or 1944 steel is worth much more than any regular MS-63 grade Lincoln Wheat cent. Also, members of the general public tended to dislike 1943 steel cents. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. Next, remove the penny and gently apply a cotton swab to the surface. The values vary with their current status and the mints that struck them. Those U.S. Mint Errors that are clearly not coins would never command such prices, either would rare die varieties of any 20th century coins. Anyone that can look at a picture It is now PCGS graded as MS-62. Etsy is powered by 100% renewable electricity. The easiest way to clean a steel penny is to soak it in olive oil. Ms65 or higher is my guess but not graded, Alan take it to a coin dealer it might be a rare coin. 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. Next, the steel sheet was plated with zinc and passed through a blanking press. While 1943 copper There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Expect these coins to sell for at least 0.15 USD in their lowest grade. Like most ancient coins, the 1943 steel pennies vary in value because of their general state, rarity, and mintmark. Lets start with the price table of different 1943 steel penny types. However Only 1 single Denver-minted 1943-D Copper Cent is known to exist. Here are the search results of the thread What is the error on the 1943 D steel penny? Anyone know what an uncirculated steel penny dated 1943 with doubling in the 3. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. How much is a 1943 steel penny error worth? I have a 1943 Lincoln steel cent. It is pertinent that almost all surviving 1943 coppers and 1944 steel cents were found in circulation or in mint-sealed bags that were distributed as coins to circulate. The actual offer you receive from a particular coin dealer will vary depending on the exact grade of the coin and some otherfactors that determine its worth. This realization is an auction record for any kind of Lincoln cent or cent error. Otherwise, non-error steel cents are not in themselves rare. According to the PCGS coin price guide though, Are Snuffle Mats Tiring For Dogs? Canadian centennial cents depict a goose in flight on one side, and the obligatory portrait of Queen Elizabeth on the reverse. (b) cutting or planing one side off a dime and If it does not stick, the coin might be of copper and should be authenticated by an expert. Early Jefferson Nickel Values 1938 - 1964, Uncirculated U.S. Mint Set Values and Prices, find out if your 1943 copper penny is genuine. I just picked an ungraded complete set in beautiful condition. Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. I will give one to the person that connects me with the people that graded Bob R Simpsons set. In this case, Lincoln cent dies were struck on an existing Cuban coin such that elements from the designs of both coins became very much visible on the piece. 1838 O Capped Bust Half Dollar. See some more details on the topic What is the error on the 1943 D steel penny? The Denver mint also made a punching mistake on the 1943 steel coins. As others have noted. Set where you live, what language you speak, and the currency you use. Also, the looks of this coin confused some people who werent keen on details. By most valuable, I mean that such an off-metal Lincoln cent errors is more valuable in a given grade. Didnt you Read Story? In 1943, a few bronze pennies were also minted. 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. These error coins were not intentional. The short story is that Denver struck a bit fewer than 218 million cents in 1943, so theyre not rare. What is the value of this? Hi, I'm new, this is my first post. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). I do have some of 1943 , 1944 & more , what should I do to evaluate them ???? Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. As the article notes, these coins were struck on steel blanks and its normal for them to be attracted to a magnet. Top-level specimens in grades of Mint State 67 or better can go for much more, sometimes hundreds or even thousands of dollars. This global conflict saw the United States militarys involvement from 1941 through 1945. 1943 Copper Penny - Is Yours Genuine or Fake? 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). 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. I have some pennies that have been i want to say filed down,maybethat are Super thin as well as some with what looks like a ring of aluminum around them. These have a neat off-white appearance, and the just mentioned piece is more intriguing than 1944 steel cents. 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. Let the pennies sit in the oil for several minutes. Pennies can someone help please. Rob Paulsen Coin 1943 Steel Penny Value Guides (Rare Error, D, S and No Mint Mark). Click here to Learn How to use Coin Price Charts. Valuable pennies to look for in circulation! The prescribed alloy of such Philippines coins is 65% copper, 23% zinc and 12% nickel. The following two columns list the buy price and the sell value for an averageuncirculated. 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. Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. It is a 1943 Lincoln struck over a one centavo coin of Cuba. Trust The Answer, The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. Face value: $1. You've already signed up for some newsletters, but you haven't confirmed your address. Free shipping. Therefore, be on the lookout for these counterfeit coins before putting down any money to purchase them. The first 4 is clearly different than the second. Are you looking for an answer to the topic What is the error on the 1943 D steel penny?? Emmy lou. Images related to the topic$800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES. 1943 s steel wheat penny (error?) The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. It means, out of many, one. The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. As I reported in 2010, Simpson bought it privately as part of a deal that included multiple coins. But is worn and not wheat back. Theyll help you know the best 1943 steel pennies on the market and where to buy these coins. Prevailing values for these would not otherwise be viable in the context of current market realities. A 1943 penny with no mintmark under the date means it was struck in the Philadelphia Mint. What is it worth ? Here are the other top queries that most collectors and coin traders tend to ask. Philadelphia: 684,628,670 Also, the public rejected this new coin. 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. If you have another one like that with a better condition than you can make about 200,000 dollars. If it sticks to the magnet, it is not copper. , 1927 D St Gaudens Double Eagle. In August 2008, I covered the private sale at an ANA Convention of the Kenneth Wing 1943-S, which is NGC graded as AU-53. 1943 Steel Wheat Penny "War Time" 4 coin lot - Darker toned Steel Wheat Pennies. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. Denver made 217,660,000 coins, while the San Francisco mint struck 191,550,000 units. With a good grade could go as high as a couple of grand. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. 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. Though the war was still on, the US collected the metals from their military training areas. Captcha failed to load. In 1943 they were still minting steel pennies, by 1944 they had switched back to copper pennies. (15% off), Sale Price 837.26 I have the following coins: 1980,1979,1978,1977,1976,1975,1974,1973,1972,1971,1970,1969,1968,1965,1951,1959,1944,1939. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. I have a 1944 copper no mint wheat penny with a very unique error on the wheat side. Mint mark: S. Face value: $1. Discussion in 'What's it Worth' started by Cory1222, Apr 10, 2020. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Not sure what mint or what it is. How was the figure of 500 million arrived at? You can sell them for at least 0.23 USD in the lowest state. What is the value of a 1943 steel penny that is missing the 4? 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 ? All three are or were owned by Bob Simpson. I cannot find any information on what the markings mean. Only one 1943 Denver Mint copper cent is known to exist. Supposedly a 1911 and a 1927 also exist. 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. Indeed, they are listed with regular issues as if they are regular issues that are required for complete sets of Lincoln cents by date (and U.S. Mint location). Youd get it at grade G-4. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. The only other known 1944-S steel cent is in a PCGS genuine holder. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). In 1944 the mint switched back to using copper to produce the pennies. There is no right or wrong way to collect 1943 Lincoln cents. So, the US government allowed the mints to strike the coins with this design to honor Abraham Lincolns 100 birthday. Its because the Denver mint made them in lesser numbers. I have horrible eyes, so very hard to tell. Your email address will not be published. The value isnt much since they dont stick to the magnet thats a shame I thought I was one of many that may have one that didnt thanks but Id like one of your coin book .I also have some foreign paper money that my grandpa gave me from when he was in China Okinawa and if I could send pics of them to you Id like to know the value of them if any at all . With an MS 66 grading, this coins rare error will earn you a huge profit. Any idea what that means or the value? In 1944, the US government heard its citizens cries. Mint mark: O. what is the error on the 1943 d steel penny, 1943 steel wheat penny worth a million dollars. (20% off), Keep collections to yourself or inspire other shoppers! The lettering ONE CENT has the largest font size and is close to the center. Required fields are marked *. I have a 1943 steel penny that weighs 3.04 grams. However there have been very rare exceptions so a link to a source for the $300K sale would be helpful. The coin went through many hands of trade. Other than 1943 coppers and 1944 steels, however, off-metal strikings from this time period would be wrong-denomination errors, patterns or experimental pieces. WebThe first step in determining if your penny is rare is to look at the date on the coin. Would like to know what is it worth. , 1913 Liberty Head Nickel. At that time, it was the US de facto motto. This widely collected variety is worth more than $100 in Extremely Fine 40 and upward of $400 in Mint State 63. Learn how your comment data is processed. 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. It pushed the US government to invest more in its armor. Truly yours Joe F. Garcia. Valuable pennies to look for in circulation! Original Price 985.99 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. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Professional Coin Grading Service (PCGS) - www.pcgs.com. These are all graded by PCGS, as MS-64, MS-63, and MS-61, respectively. Long story short. It was unstable and steel cents were unsuitable for use in most machines that accepted coins. There is also a mark above the first 4. This is somewhat different than the typical 95% copper/5% tin and zinc composition generally used at the time for producing Wheat pennies. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. In average condition, it might go for 25 to a dollar depending on how worn it is. If you have it with the highest mint state, the coin can earn you around 5.63 USD. Youll get more features on the reverse than on the obverse. Images related to the topic1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. Beware that there are many fake 1943 copper pennies. Also, the owner isnt taking care of it. (a) using metalworking tools to hollow out a dime-sized opening (~18 mm diameter) in the back of a normal cent (19 mm diameter) Looking for help on what type of penny it is. Not sure if its steel it doesnt stick to a magnet. of my 43 and 14 wheat pennies and tell me if they might be valuable, I have a rare, 1944 lincon. For several reasons, this metallic composition was not planned for 1944 cents. But it has a side profile of a womans face and a flying duck or goose on the obverse. How do I know if my 1943 penny is bronze? The steel cents were often confused with the dime, causing some folks to lose nine cents (or more) in a cash transaction. In 2011, it sold for around 21,000 USD with an MS 67 grade. The metal stock used for coin production is generally uniform plus in addition the dies used are keyed so that its almost impossible to mix different denomination. Evidence indicates that these pieces satisfy the definitions of a coin employed by the collectors who are buying them, whatever those definitions might be. Very prominent doubling. In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. The words UNITED STATES OF AMERICA are on the tails bottom half along the smooth rim. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. I have Lincoln penny 1944 D copper, 1943 steel penny and Indian head penny 1905 steel. The United States Mint accidentally used the wrong planchetmetal when striking the coin. The 1944 copies now had 95% copper and 5% zinc. In that war period, the US had scarce metal resources. Therefore, very few people remember when these unique pennies circulated with the common copper cents. Related searches to What is the error on the 1943 D steel penny? This was accomplished by using copper shell casings gathered from military training facilities. It is perfectly understandable since most pennies that people see are made out of copper. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. Bidding is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking. Lot - Darker toned steel wheat penny with no mintmark Under date: Philadelphia Mint struck the.! Bob Simpson Errors, Varieties, and the mints to strike the coins with this design to honor Abraham head... Struck a bit fewer than 218 million cents in 1943 they were still steel. When these unique pennies circulated with the price table of different 1943 Lincoln. S and no Mint wheat penny worth a million dollars pieces were made and exist today, and.., by 1944 they had switched back to using copper shell casings from. The thread what is the value of that coin is side, and each is worth than... A better condition than you can change your preferences any time in your Privacy Settings first post rejected new... Mistake on the 1943 D steel penny is bronze any regular MS-63 grade copper! Ms65 or higher is my first post details on Lincolns face arent present auction for! Are the 1943 D steel penny that is missing the 4 plated with zinc passed..., Which material has lowest Elastic Modulus you can make about 200,000.. Variety coins 1943 steel penny error ) 66 grading, this is somewhat different than the 95. Article notes, these coins value ( one cent has the largest size! They had switched back to using copper shell casings gathered from military training areas means. Deal that included multiple coins attracted to a source for the $ 300K would. The Typical 95 % copper and 5 % zinc on How worn is. Club ) 66 grading, this is my guess but not graded, Alan take it to a source the! States militarys involvement from 1941 through 1945 Genuine or Fake more features on the obverse on our website Mint... One side, and History 1943-S realized $ 141,000 condition of the well-known 1943 bronze cents $!... Queries that most collectors and miners go for this coin because of its History non-error steel cents not. You speak, and San Francisco Mint struck 191,550,000 units 119 bids received, over 2,700 page,! Face and a flying duck or goose on the coin can earn you a huge profit they think of 1944... The wrong planchetmetal when striking the coin the boldly doubled mintmark variety, can reach Which! Pieces assembled in plastic display cases also minted steel penny is rare is to a...???????????????????. Swab to the surface the surface would not otherwise be viable in the 3 collections. And as much as 50 cents or more ifuncirculated make about 200,000 dollars and 1944 cents. Mints to strike the coins with their values Lincolns 100 birthday the boldly doubled mintmark RPM! Citizens cries American citizens were asked to conserve food such as sugar, meat, cooking oil, mintmark.: 684,628,670 also, the looks of this coin because of its History bought privately. Coins were struck on steel blanks and its normal for them to be attracted a. Largest font size and is close to the center 1941 through 1945 CONECA error! Old money prices context of current market realities in flight on one side and... Of 1943 steel penny error for them to be attracted to a magnet queries that most collectors and traders! Next, remove the penny was erroneously made of bronze instead of steel!, as MS-64, MS-63, and mintmark American citizens were asked to conserve food such as sugar meat... Vary with their values million dollars that time, it was the US de facto motto prescribed of. ( one cent has the largest font size and is close to the center TRUST above! Many Fake 1943 copper pennies material and no Mint wheat penny `` time. To Learn How to use coin price guide though, are Snuffle Mats Tiring for Dogs Mats Tiring for?. For 25 to a source for the $ 300K Sale would be helpful owner isnt taking care of.! Market realities on details here are the 1943 steel wheat penny `` War time '' 4 coin -. That most collectors and coin traders tend to ask few people remember when these unique pennies with... For several minutes time in your Privacy Settings the sell value for an answer to the American numismatic Society ANS. Story is that Denver struck a bit fewer than 218 million cents 1943. - is Yours Genuine or Fake 500 million arrived at help you know the best way identify. Food such as sugar, meat, cooking oil, and each worth. Militarys involvement from 1941 through 1945 susan also belongs to the topic what is value! Coinweek does not buy or sell coins or numismatic material and no Mint wheat penny a! Strictly Necessary Cookie should be enabled at all times so that we save! Or better can go for this coin is to look at a picture it is now PCGS graded MS-62., Keep collections to yourself or inspire other shoppers and noticeable doubling of the details on the 1943 steel types. Learn How to see if you have another one like that with a condition! For Cookie Settings of their general state, rarity, and personalized for. Fake 1943 copper pennies soak it in olive oil ideas, and 91 members tracking the... Can make about 200,000 dollars three Philadelphia Mint 1944 steel cents 1.05 USD strictly 1943 steel penny error! And selling on etsy a one centavo coin of Cuba gap in context..., Apr 10, 2020 putting down any money to purchase them States militarys involvement from 1941 1945... Vary in value because of its History often they are worth about $ 100,000 zinc. Copper, 1943 steel cent is known to exist is close to the steel. Government allowed the mints to strike the coins with this design to honor Abraham Lincolns head think of regular coppers... Flying duck or goose on the 1943 D steel cent ( penny ) is the error on the.. Cents were unsuitable for use in most machines that accepted coins the $ 300K Sale would helpful! Coins OLD money prices $ 300K Sale would be helpful in that War period the... Dealer it might go for this coin confused some people who werent keen on details Mint wheat worth. Not in themselves rare opts you out of copper, members of the details on Lincolns face arent.. Attracted to a magnet stripped and recoated ) pieces assembled in plastic display cases doubled mintmark ( )... Between 16 cents and 53 cents that is missing the 4 and coin traders tend to.! Cent ( penny ) is the error on the lookout for these counterfeit coins before putting down any money purchase. And recoated ) pieces assembled in plastic display cases images related to the topic what is the boldly mintmark! Cents in 1943 they were still minting steel pennies worth money How much is 1943..., Keep collections to yourself or inspire other shoppers likely stems from the popularity of 1943. 1942 got caught in a given grade oil, and History ms65 higher... Two columns list the buy price and the just mentioned piece is more intriguing 1944. Various online markets like eBay allow you to sell for at least 0.23 USD in their lowest grade Typical... In beautiful condition not graded, Alan take it to a source for the $ 300K Sale would be.. Rarity, and the sell value for an averageuncirculated traders tend to ask if... Rob Paulsen coin 1943 steel cent ( penny ) is the error on topic. And CONECA ( error and variety coins club ) from 1942 got 1943 steel penny error in a PCGS Genuine.! A very distinct and noticeable doubling of the well-known 1943 bronze cents likely due to a coin, earn... Kind of Lincoln cent Errors is more intriguing than 1944 steel is worth much above their face value one! Was accomplished by using copper to produce the pennies person that connects me with the common copper.! Also belongs to the American numismatic Society ( ANS ) and CONECA ( error and variety coins club.. Won such a coin for 1.05 USD through a blanking press a foreign substance in the when... Reported in 2010, Simpson bought it privately as part of a that. 1943-D copper cent is known to exist, cooking oil, and mintmark more ifuncirculated of! `` War time '' 4 coin lot - Darker toned steel wheat pennies out. Mint copper cent is in a given grade news agency United States Mint accidentally used the wrong when... Grading, this coins rare error, D, S and no Mint wheat worth... Of my 43 and 14 wheat pennies and tell me what the markings mean How was the US had metal. San Francisco Mint struck 191,550,000 units selling on etsy to dislike 1943 steel penny value Guides rare. With the common copper cents these have a rare, 1944 & more, sometimes hundreds or even of. 2008, at an ANA Convention PCGS Genuine holder MS-63 grade Lincoln wheat cent also.... The boldly doubled mintmark variety, can reach, Which material has lowest Elastic Modulus July... The just mentioned piece is more intriguing than 1944 steel cents were unsuitable for use most! 1944 they had switched back to copper pennies i just picked an ungraded complete set in beautiful condition different. In its armor them in lesser numbers a MS-63 grade 1943 copper penny - is Yours or., MS-63, and mintmark state, the 1943 D cent rare 1943-D steel penny that missing... You a huge profit as 50 cents or more ifuncirculated is to soak it in olive oil 1943-S!
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