1943 copper penny

Weight - 3. wisely held on to the penny for some 70 years until his recent death in 3 days ago · 1943 S Zinc. Instead of copper, the 1943 penny was made out of zinc-coated steel. Dec 7, 2021 · A 1943-D copper penny is worth about $38,000. Mint press release, there are around forty 1943 Copper Pennies. Another 1943 copper penny from the Philadelphia mint was sold by Legend Numismatics of Lincroft, New Jersey, for $1. Our guide below shows retail. Only about two dozen examples are known in all grades. Click here to Learn How to use Coin Price Charts. Mints. While the typical 1943-P, D, or S, Lincoln Steel cent in circulated/used condition is worth under $1. 7 million in . The penny is one of only 17 or so made of copper in 1943, when wartime Get the best deals for 1943 copper wheat penny at eBay. Usually, the Lincoln penny was made of 95% copper and 5% tin and zinc. 955 Copper, . However, this was back in 1997, and as you Jun 8, 2024 · In 1947, 16-year-old Don Lutes Jr. Mint produced the penny out of zinc plated steel to save copper for the war effort, so most 1943 pennies are silver colored. Geesh…. A US Army veteran, he would amass some 50,000 coins Jan 29, 2024 · A Philadelphia 1943 steel penny graded MS60 is valued at approximately $11, increasing to $30 for MS65, classified as “gem quality. 7 Million. In 2019, a 1943 copper penny owned by a man who got it from his school cafeteria in the 1940s sold for $204,000. A quick glance at eBay shows where uncirculated BU rolls of 50 1943 steel pennies are only selling for $50 to $100 per roll. A PCGS-certified 1943-D Copper Penny in MS64 condition was sold for an unbelievable $1. 10. May 9, 2020 · The 1943 Copper Penny Value is generally in excess of $100,000 dollars. An intriguing part of the search for the 1943 copper penny is the story about how these unofficial coins might have come into circulation. In 2012, the same coin sold for $97,750. A 1943-S coin that is uncirculated is thought to be worth roughly $400,000. Out of the nearly 1 billion steel cents made in 1943, only about 20 copper examples are known to exist. This coin has a population of only 1 coin! Coin Highlights: Struck in 95% Copper and 5% tin and zinc. Dec 20, 2023 · The 1943 steel pennies are quite valuable for collectors, especially the rare copper versions mistakenly produced that year. small cent of 1. 11 grams, and the diameter is 19 millimeters. Some copper pennies were able to slip through the Jan 11, 2019 · Lutes set his 1943 copper penny aside to study it later when he found it in a bundle of change in the Pittsfield High School cafeteria in 1947. All the 1943 copper pennies from the Denver mint will sell for many dollars. Also, click here to Learn About Grading Coins. Learn the amazing story of what happened next to this rare coin. Even back in the early 1980s, a 1943 bronze cent sold for $10,000! Today, these coins routinely bring in over $100,000. 9 Rare U. The final two coins submitted by Mr. So we are talking about mint state steel wheat back cents only being worth $1 to $2 each. Grading AU 55 and MS 63, respectively, these are the first such wrong-planchet coins certified by NGC. At a G-4 rating, it can sell for at least 100,000 USD. Sep 15, 2023 · How much is 1942 and 1943 copper pennies worth? A 1942 copper penny is worth between $0. Step one is to confirm exact Date and Mint Mark variety. The 1943 Lincoln steel penny is perhaps the most unique type of penny coin in the Read more. FREE delivery Mon, Mar 11. January 18, 2018. 1943 D copper penny (Magnet Doesn't Stick) ***RARE*** $725,000. A US Army veteran, he would amass some 50,000 coins Jan 9, 2019 · The 1943 penny was pressed amid World War II, when copper was an integral component in making wartime necessities like phone wire and bullet casings. These special Lincoln Wheat Pennies were minted in 1943 during WWII due to wartime related copper shortages. Uncirculated 1943-D Denver Mint Steel Lincoln Wheat Cent. And others complained about the May 13, 2020 · This penny is almost a myth. The coin has been lightly circulated and is graded Sep 12, 2000 · While NGC had previously graded three 1944-D steel cents from other submitters, this collection includes the first 1944-S piece it has certified. For coins struck at the Philadelphia Mint, that mark is absent. 7 million in. Weigh your cents on a scale. Dec 20, 2023 · A real 1943 copper penny should weight 3. Rarest. Feb 20, 2024 · The 1943 copper penny, however, is a very different story. $1. This small, seemingly ordinary coin has an extraordinary story to tell – one that combines the pressures of wartime economics, the fallibility of human error, and the serendipity of a few copper Mar 12, 2024 · A very small number of 1943 copper pennies were struck by accident when copper planchets were left in the press hopper as production began on the new steel pennies. Mint, chose a substitute material for its coins. Apr 27, 2022 · The coin was sold again in January 2018 for $228,000 by Heritage Auctions. 1909. Mar 26, 2024 · 1943 “D” Copper Penny Value. A full red uncirculated 1943 penny from the Melbourne, Perth, or Bombay Mint is worth up to $250. Jan 18, 2018 · PCGS-Graded Bronze 1943 Lincoln Cent Sells for Over $1 Million. Jan 1, 2020 · A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. In 1943, the Lincoln penny was made from a zinc-coated steel composition to help save copper for World War II ammunition. The 1943 Lincoln copper penny is made of 95% copper and 5% tin and Zinc. government as a replacement for the bronze versions used up until that date. can range from $0. 7 million as it has not yet reached the $1 million mark. Kruger-Gray. Additionally, the site reports that the 1943 copper penny in The 1943 copper pennies are the rare ones worth looking for. The majority of steel pennies are valued between 20 cents and $20. Since copper was needed for World War II military hardware, the US Mint experimented that year with different metal compositions for the penny coin. 7 million or more. pennies that you should hold onto May 9, 2023 · The most expensive 1943 copper penny was sold in 2010 for $840,000. Genuine 1943 copper cents are rare and hard to find, and they can be quite valuable. May 3, 2017 · The submission of the two 1943 bronze cents also included two Lincoln cents struck on planchets intended to be used for foreign coins that were then being struck by the Philadelphia Mint. 1,15 These pennies only include a circulation-strike version. And a 1943-S copper penny sold in 2012 for over $1 million! Apr 23, 2024 · The chart shows the min and max prices for the 1943-S Penny Bronze, BN (Regular Strike) coin across various grades from VF-35 to MS-63. found a rare 1943 Lincoln penny in his lunch money while a high school student in Massachusetts. Steel is magnetic, but copper is not. estimates based on grade. Beware of fakes! The 1943 copper cents are so rare they are a popular target of counterfeiters and other scam artists. The 1943 steel cent weighs 2. In 1944, 14-year old Kenny Wing found a copper 1943-S Lincoln penny in circulation. PCGS encapsulation guarantees the coin’s XF-45 (Brown) condition. Here at Austin Rare Coins & Bullion, we are a rare coin dealer that specializes in rare and unique coins, and we On the 1943 copper penny, there are markings that are clearly indicative of these three U. If your 1943 cent is not magnetic, you may have a valuable cent. Images used to locate mint marks finds its exact place on the chart. (Heritage Auctions/Caters News) Jun 12, 2010 · Odds are, thats its a fake, but to say its a fake without any knowledge whatsoever is insane. In this case, the mark is a capital letter "D" for Denver and "S" for San Francisco. PCGS rates them as having the best price of 1. A 1943-S copper penny is worth about $62,000. These 1943 copper pennies are immensely rare and desirable for serious numismatists. May 27, 2004 · None are known in mint condition. 90 to. In-depth overview of the 1943 Lincoln (Wheat) Penny including its key features, value and how to Order these eye-catching Black Ruthenium steel pennies online from Bullion Shark! The 1943 Steel Penny has become a favorite of all types of collectors over the years. Yet another 1943 wheat coin has sold for $82,500. , Jun 22, 2012. 00 A 1943 Lincoln Steel cent in uncirculated/new condition the coin is at best worth a few dollars. 1 AVDP Oz. S. 2010. In 2014, a very fine example of the 1943 copper penny sold for $327,000 at auction. 999 Fine Copper Made in USA. The unique composition of the coin (steel coated with zinc, instead Just as the Jefferson Nickel five-cent coin saw the removal of nickel from its composition in 1942 to preserve the metal for artillery production, so, too, did Lincoln Wheat Penny coins in 1943. If you have a 1943 copper penny it is worth a lot more. In 1943 U. 7 million in Oct 30, 2022 · 1943 Copper Penny, graded PCGS AU50. Struck by accident, the few remaining 1943 Copper Pennies are worth a fortune. PCGS MS63RD Bronze 1943 Lincoln Cent (Wheat Reverse) Apr 1, 2024 · The 1944 Steel Wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Population of 1 coin at this grade level with 6 graded higher. The 1943 copper penny is much more valuable than the 1909-S VDB penny. Collection Heritage Auctions, HA. 1943 steel cents are U. Such exciting news always results in a flurry of hopeful people scouring their change, hoping to find the winning coin. 7 million dollars! Beware of fakes! Since the 1943 copper cents are so rare they have been a popular target of counterfeiters and 1943 Bronze Lincoln Cent, AU53Legendary Off-Metal Planchet ErrorThe Discovery CoinSold for: $204,000. (Off-Metal Transitional Error): During the striking of the 1943 War Cents, the leftover bronze planchets from 1942 were struck, resulting in a rare 1943 Copper/Bronze Penny variation. Placing an accurate value on your 1943 penny follows a step by step process. 030 Tin, . 75. PDS American Classics Coin Bag. ”. Pennies. Ron Guth: The 1943-S Lincoln Cent represents the San Francisco version of the zinc-coated steel Cents issued by the U. over $100, depending on. The unique composition of the coin ( low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition Feb 25, 2019 · Today NGC announced that they have certified yet another example of the most popular and well known coin error ever, the 1943 Copper Cent!Today on NGC's webs RARE 1943 Copper Penny - How to Authenticate 1943 Bronze CentDon't Buy Gold Coins! - Counterfeit One Dollar Gold Is Everywhere!Buy Coins From Us: https://por USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $144,613 in Average Condition and can be Worth $409,301 or more in Uncirculated (MS+) Mint Condition. Because of its extreme rarity, the 1943 Lincoln copper penny Dec 20, 2023 · A real 1943 copper penny should weight 3. 00 . (One has to keep an eye out for fakes, however. The unique coin, not publicly known to exist until 1979, is certified PCGS MS64BN. $4499. For instance, an MS66 coin is valued at $50, rising to $200 at MS67, and an impressive $5,000 at MS68. People don’t like to believe something so old could have Design date. Jul 30, 2018 · A ‘MS-63’ grade 1943 copper or 1944 steel is worth much more than any regular ‘MS-63’ grade Lincoln Wheat cent. Coins struck at the Denver and San Francisco Mints will have a small initial marking under the date. (Heritage Auctions/Caters News) Aug 26, 2020 · Find out why pennies were made from steel in 1943 plus how much they are worth and even an exciting new variety! May 31, 2024 · So, here are the three most sought-after 1943 Steel Penny errors that can hike its price like crazy! 1. About 40 of the 1943 bronze pennies were struck by accident; presumably, some copper planchets were left behind in reserves and were fed into the presses. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. These alloys consisted of 95% copper and 5% tin. Using a jeweler’s scale or precision gram scale, weigh your 1943 penny. Apr 13, 2021 · A 1944 steel wheat penny is also super rare, but the PCGS lists one selling for $158,625 back in 2013. or Best Offer. grade, condition, desirability, and demand. As usual you’re likely to see higher values for top graded PCGS certified 1943 pennies rather than raw ungraded coins. Lutes Jr. Weighing your pennies with a coin scale can also help determine if you have a steel penny versus a copper 2021 S 7 Coin Clad Proof Set in OGP with CoA and 3 Free 1943 Steel Pennies Included Proof. Not quite as much as the 1943 copper penny went for, but still a nice chunk of change! In both cases, you’ll need to watch out for fakes and counterfeits that people often paint over to look like the real deal. The 1943 Copper Penny; Doubled Die Pennies; 5 Extremely Valuable Coins; Pennies Worth Money Menu Toggle. 015 Zinc - 1942 Apr 17, 2024 · Other significant sales of 1943 copper pennies include: A 1943-S bronze Lincoln cent sold in August 2007 for $1 million to a collector. Mar 30, 2022 · The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. One really easy way to tell if you have a steel penny or copper penny is to see if your coin sticks to a magnet. Composition - 1937 - 1942 - . This is the most expensive copper penny that has ever been sold. H. Feb 25, 2019 · The 1943 Copper Cent recently certified by NGC was found in a gumball machine in Philadelphia in 1976. com. Bidding is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking. A 1943 copper wheat penny is an extremely rare and valuable coin, with one reportedly sold for $82,500 USD in 1996. Oct 31, 2022 · One of the most sought-after and famous coin errors in the world, the 1943 Bronze Lincoln Cent, will be featured in GreatCollections’ auctions on November 13. 48. one-cent coins that were struck in steel due to wartime shortages of copper. 53. 7 million. Yet, several of these pennies have been “authenticated” by some of the country’s most respected coin rating agencies. 23. When offered for sale at an auction, they have sold from $10,000 to over $100,000. If the 3 in your date looks like half of an 8, your On the 1943 copper penny, there are markings that are clearly indicative of these three U. $1195. The Mint struck only about 40 of these coins, with only 13 confirmed to exist so far. $699. Because of its extreme rarity, the 1943 Lincoln copper penny is super expensive and valuable. com) graded an extraordinary Lincoln Cent that was recently sold in a private sale for over one million dollars. Higher quality coins command higher prices, with values escalating beyond MS65. The 1943 copper penny is not worth $1. To understand the exceptional nature of the 1943 Copper Penny, one must delve into the broader context of penny production. Apr 5, 2024 · These rare copper 1943 pennies, often referred to as "1943 Copper Pennies," stand as coveted treasures within the numismatic community, fetching exorbitant prices at auctions and eliciting fervent pursuit among collectors. The magnet test. The coin has been lightly circulated and is graded PCGS AU50. 1 day ago · The 1943 penny that is worth $1000000 is the one that was mistakenly made out of copper instead of zinc-coated steel. It was then sold to a collector for the then-significant sum of $1,000. The original 1943-S Ron's Lincoln cent from the Kenneth S. In 2010, a 1943-S graded MS62BN sold for a world record price for any U. How to Tell If Your 1943 Cent is Steel or Copper . Only a few of these pennies were produced and they are extremely rare, making Dec 26, 2019 · An Extremely Fine coin with traces of mint red might be worth $20, almost uncirculated coins worth perhaps $50-$75. The buyer passed down the coin to his children, who decided to submit it to NGC for certification after seeing that another NGC-certified 1943 Copper Cent — the Don Jan 10, 2018 · The first thing to address is that 1943 steel cents are not at all rare. Mint struck Steel Lincoln Cents at Philadelphia, Denver and San Francisco. FREE delivery Thu, Nov 30. However, it might be worth $1. Feb 12, 2022 · A 1943 copper wheat penny is pretty rare. Jul 23, 2019 · Certain pennies made in 1943 were mistakenly minted in copper instead of steel. 25. Paget - Reverse - G. 11 grams. The first discovery of a Philadelphia 1943 bronze cent was made by 16-year-old Donald Lutes, Jr. Generally I would agree with you, but in the case of a 1943 copper cent found in circulation, the odds are so overwhelmingly against that it is perfectly rational to assume it is fake sight unseen. Counterfeit copper 1943 pennies may have an inaccurate weight that is lighter or heavier than 3. Wing, Jr. 7 million in September 2010. Nov 4, 2023 · According to a U. The 1943 copper penny is undeniably one of the most exceptional and rare coins in circulation today. Second step, is an appraisal of condition. The 1943 steel pennies contributed to saving enough copper during the war. What Makes the 1943 Steel Penny Special? A copper shortage in 1943 led the U. The easiest way to check if you have one is to run a magnet over any 1943 penny you own. So, one part of the 1943 steel penny value was enabling the production of 1. Whitney are 1943-S cents struck on silver dime planchets. To give you an idea just how rare a 1943 copper wheat penny is, one was just recently sold for 1 million dollars. We get a lot of questions about rare pennies — including these: 1943 wheat penny, 1943 steel penny, 1943 silver penny, 1943 Lincoln penny, 1943 copper penny, and 1943 penny value. Since the 1950s, these rare coins have sold for as much as USD 1,700,000. At this time, steel was used to make pennies instead of copper because copper was needed for the war effort. September 23, 2010. However, many people mistook the 1943 steel penny for a dime. The 1943 copper cent has been counterfeited by coating steel cents Apr 5, 2019 · The year 1947 was pivotal for the story of the 1943 bronze cent. 12,13 Sep 21, 2023 · One 1943-D copper cent was listed by the Professional Coin Grading Service (PCGS) for $1,500,000. Demand for copper escalated in World War II because of its use in weapons and assorted other items necessary to prosecute the war effectively. If the tail of the last digit in the date, the number 3, does not extend well below the bottom of the other numbers in the date, it is probably a cut-in-half 8 (see the photo above). Uncirculated coins will be far more valuable. The prices generally increase as the grade improves, with MS-63 having the highest max price $504,000. Designer & Engraver - Obverse - T. There was a 1942 cent struck on an Ecuador 20 Centavos planchet, which NGC graded MS 63, and a 1943 cent on a Netherlands 25 cent planchet that was graded NGC Also to watch out for: Scammers will sometimes take a copper 1948 wheat penny and file down the left side of the "8" into a "3" - to trick people into believing it is the rare copper 1943 wheat penny. 1943 (m) Australian penny. I guess you all have a bunch of 1943 pennies in your possession! What follows are several rare U. The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1. Mint and may be worth more than $100,000. The This 1943 Copper Lincoln Cent has been certified as XF-45 (Brown) by PCGS, one of the top two coin grading services. 1970 S Doubled Die Penny; The 1969s Penny Value; The Minting Jul 26, 2023 · To preserve copper in times of war, the U. 15 and $3. (opens in a new page) Sep 23, 2010 · PCGS-Certified 1943-D Bronze Cent Sold For $1. 49. links to our self-help pages on coin assessment. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Jun 18, 2020 · A 1943 copper penny found by a 14-year-old boy in 1957 sold for $40,000 two years later in 1959. 24 Grams. Genuine 1943 copper cents are rare and hard to find, and they can be extremely valuable. Because of its extreme rarity, the 1943 Lincoln copper penny Feb 23, 2023 · The 1943 Lincoln copper penny is made of 95% copper and 5% tin and Zinc. E. The “most famous” coin is one of 20 accidentally minted copper coins, whose existence the government even denied for years. 67. Its scarcity, historical significance, and uniqueness make it a fascinating collectible that captivates coin enthusiasts worldwide. 7 grams, and the Jan 11, 2019 · Lutes set his 1943 copper penny aside to study it later when he found it in a bundle of change in the Pittsfield High School cafeteria in 1947. Most coins came in exceptional quality with many of them being hoarded from circulation since they appeared different than copper cents. A copper penny from 1943 is valuable. Additionally, the site reports that the 1943 copper penny in May 25, 2024 · In the vast world of numismatics, few coins have captured the imagination of collectors and the general public alike as the 1943 copper wheat penny. used copper for the war. , a Pittsfield, Massachusetts, high schooler Jan 9, 2019 · The 1943 penny was pressed amid World War II, when copper was an integral component in making wartime necessities like phone wire and bullet casings. Mint to issue steel pennies instead of copper pennies. You’ll earn around 150,000 USD if the coin is in a fine state. 7 million by Legend Numismatics of Lincroft, New Jersey. Typical: $7. Find out how to identify, authenticate and value these coins, and see examples of genuine and counterfeit specimens. This is the standard weight for all Lincoln wheat pennies minted from 1909-1958. If you would like to know how to tell if your 1943 Cent is valuable, gather your change jar, and let’s begin. During World War II, the war effort required a lot of copper to make shell casings and munitions. These pennies were supposed to be steel pennies, which the Mint created in 1943 to continue minting pennies while the U. If it sticks to the magnet, it is not t Mar 1, 2023 · The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Copper was completely eliminated from the denomination’s composition, in favor of a one-year-only type featuring a zinc-plated steel composition. See, some pennies produced in 1943 were mistakenly struck on copper planchets. A 1943 copper penny is worth roughly $140,000, while a 1943-D is worth about $260,000. Yes, one was just sold for 1 million dollars to Bill Simpson, a co-owner of the Texas Rangers. 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 Nov 29, 2013 · None are known in new condition. 5 million dollars in their highest mint state. A. The 1943 copper penny is a 95% copper coin. 85. Oct 10, 2023 · Learn about the rare and popular Mint error of 1943 copper pennies, which were supposed to be made of zinc-plated steel. Lincoln Wheat Cent Authentic Copper Round| Commemorative Piece Made from . 40. It is expected to realize over $200,000 when bidding concludes. Additionally, the site reports that the 1943 copper penny in Apr 1, 2024 · The 1944 Steel Wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Those are estimated to be worth five to six figures! Check your change! Certain pennies made in 1943 were mistakenly 1943 Lincoln Penny (S) N/A. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. The steel penny will stick to a magnet, while the copper will not. 25 million shells for American 1943 Genuine Black Ruthenium & 24K Golden Abraham Lincoln Steel WAR Wheat Penny. Free shipping. Source: Red Book. org. Only a few of these pennies were produced and they are extremely rare, making Jul 11, 2000 · The highest amount paid for a 1943 copper cent so far was $1. $5. 00. As of right now, the most valuable copper penny sold for $1. and should not be construed as financial advice. (Newport Beach, California) – Professional Coin Grading Service (www. PCGS. The 1943-D Lincoln Cent is still abundant in circulated grades and even low Uncirculated grades. May 14, 2024 · In the history of American numismatics, the 1943 steel penny is still one of the most well-known coins. $0. This sale was a private transaction rather than an auction. It was in March of that year the seemingly impossible – the existence of a 1943 copper penny – was proven not only possible, but real. Feb 15, 2024 · As of December 2023, the approximate value of a 1943 Copper Penny ranges from around $10,000 or more for circulated coins to over a million dollars for coins in uncirculated or well-preserved Jul 22, 1997 · Last month, the retired Lemon Heights entrepreneur sold a 1943 copper penny at an auction in Beverly Hills for $50,000. The weight is 3. May 2, 2024 · The 1943 copper penny was created from an unknown or accidental copper planchet in a coin hopper at the U. We have a great online selection at the lowest prices with Fast & Free shipping on many items! 1943 copper wheat penny for sale | eBay Because the copper that was used in the 1944 through 1946 pennies was made from recovered ammunition shells used in World War II. Jaime Hernandez: In 1943 the U. Therefore, no 1943 copper pennies have been sold for much more. Oct 25, 2023 · 1943-S Copper Cent While it was the Mint’s intention to strike cents only on zinc-plated steel planchets in 1943, not quite two dozen coins struck on unused bronze planchets were produced. J. wh hm wu vl un lc mc xu pm kv