A regular 1943 steel penny is worth only a few cents. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through.
How much is a 1943 S mint mark steel penny worth?
Nowadays, the average estimate value of the 1943 S Steel Penny is 65 cents for average condition to $25 for mint state.
Which 1943 s steel penny is valuable?
1943 Steel Penny Value
Uncirculated 1943 cents from each branch mint. In MS60 they are worth $7; $15 in MS63; and $28 in MS65. At the higher-end, MS67 coins command $150 and MS68 examples command $2,250. Of the over 12,000 1943 steel cents graded MS60 or above, only 75 are in MS68.
What year penny is worth $1000000?
A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency.
How much is a 1943-s copper penny worth?
How Much is it Worth? At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1.5 million. 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.
39 related questions foundWhat is the rarest wheat penny?
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.
How many 1943 steel pennies are in circulation?
1.1 billion of them were struck, including 685 million 1943 steel cents, 218 million 1943-D steel pennies and 192 million 1943-S steel cents. Each was composed of 99% steel and 1% zinc rather than 95% copper and 5% zinc and tin as pennies struck before 1943 were.
Will a 1943 steel penny stick to a magnet?
The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper. If it does not stick, the coin might be of copper and should be authenticated by an expert.
What is the error on a 1943 steel penny?
A regular 1943 steel penny is worth only a few cents. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through.
Is 1943 Lincoln Steel Penny no mint?
No Mintmark Under Date: Philadelphia Mint Struck the Coin
Philadelphia's high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent.
Is a 1944 s penny worth anything?
USA Coin Book Estimated Value of 1944-S Lincoln Wheat Penny is Worth $0.11 in Average Condition and can be Worth $0.96 to $4.52 or more in Uncirculated (MS+) Mint Condition.
Are steel pennies worth anything?
Most steel pennies are worth between 20 cents and 20 dollars. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars.
Which 1940s penny is worth the most?
Some 1940 Lincoln proof pennies go for $25 or more. In 2006, a 1940 Lincoln penny in mint state 68 Red was sold for $14 950, as per information from the Professional Coin Grading Service (PCGS). This guide discusses the 1940 Wheat penny.
How much is a 1943 steel penny worth in 2021?
Value of a 1943 Steel Penny
They are worth about 10 to 13 cents each in circulated condition and as much as 50 cents or more if uncirculated.
How can I tell if my 1943 steel penny is real?
Copper Plated 1943 Fakes
When they took these coins to a coin dealer, the coin dealer would hold a magnet over the penny, and the steel underneath the copper plating would attract the penny to the magnet. This process is the easiest way to tell if your penny is solid copper or copperplated.
How much is a 1942 s penny worth?
USA Coin Book Estimated Value of 1942-S Lincoln Wheat Penny is Worth $0.28 in Average Condition and can be Worth $7.88 to $13 or more in Uncirculated (MS+) Mint Condition.
Why is the 1945 penny rare?
1945 Lincoln Penny with no mint mark
In 1945, Philadelphia set the second-highest mintage rate of all time and produced more than 1 billion coins in total. Because of the high mintage number, those coins are easy to collect, and their price is not that high.
Why is 1944 wheat penny rare?
The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.
How much is a 1943 stainless steel penny worth?
Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.
What is the worth of a 1946 wheat penny?
On average, a 1946 wheat penny in fair condition is likely to be valued around 15 cents. A 1946 wheat penny from the Philadelphia mint will not feature a mint mark. These coins tend to range in value from 15 cents to $4. More than 990,000,000 1946 wheat pennies were produced in Philadelphia, so they are not very rare.
How much is a 1937 s penny worth?
USA Coin Book Estimated Value of 1937-S Lincoln Wheat Penny is Worth $0.22 in Average Condition and can be Worth $5.70 to $11 or more in Uncirculated (MS+) Mint Condition.
How much is a 1943 silver penny worth?
The value of a lightly circulated 1943 steel penny ranges from 20 cents to 50 cents. The uncirculated 1943 steel penny's worth is generally in the neighborhood of $1.50 to $5. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100.
How much is a 1933 wheat penny worth?
USA Coin Book Estimated Value of 1933 Lincoln Wheat Penny is Worth $2.00 in Average Condition and can be Worth $23 to $34 or more in Uncirculated (MS+) Mint Condition.
