Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. 1943 D Lincoln Wheat Cent : Bronze/Copper - USA Coin Book this coin is most sought after by collectors and is most valuable in any grade. If you do have one, it would be worth tens of thousands of dollars. Uncirculated This coin wasnt in circulation and kept the entirely noticeable highest relief points and the glow on Lincolns cheek and jaw. What Is a Wheat Penny and How Much Are They Worth? Small details necessary to accurately value are described. Very few of these pennies were minted and released into circulation. There are only around 30 samples known. Matching your coin to grading images gives a good indication of its condition. This coin's exact value is determined by its current condition and rarity. But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! It's because the Denver mint made them in lesser numbers. Real Helpful. I would bet 1,000 each time it would be an 8 or higher. Click here to Learn How to use Coin Price Charts. Although it is not particularly rare, the 1943 steel penny is fascinating. 1909, 1910, 1911, 1912,1913, 1914, 1915, 1916, 1917, 1918, 1919, 1920, 1921, 1922, 1923, 1924, 1925, 1926, 1927, 1928, 1929, 1930, 1931, 1932, 1933, 1934, 1935, 1936, 1937, 1938, 1939, 1940, 1941, 1942, 1943, 1944, 1945, 1946, 1947, 1948, 1949, 1950, 1951, 1952, 1953, 1954, 1955, 1956, 1957, 1958. I have recently discovered a 1943 wheat penny that im courious about does look like the real thing not sure any suggestions. In 1943, World War II was in full swing. These materials, including copper and nickel, were used for producing ammunition and artillery. Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. Don't be the last to know about the latest deals and new product arrivals. The 1943 D/D steel penny is an error coin minted that particular year. Teletrade Coin Auctions, www.teletrade.com. How much is a Silver Quarter worth? The metal composition of a coin directly affects its weight. While not all wheat pennies will fetch a high price tag, all wheat pennies are worth more than their face value and are thus a sought-after coin for collectors. How much a steel penny is worth is very dependent on the condition of the coin. Hi Jules. In Extremely Fine condition, it is worth about $0.04 and could sell for $0.89 in uncirculated condition. That initial year had two versions. Thus, 1944 steel cents are exceptionally scarce and command very high values. In fact, with the exceptions of major errors and varieties, no Lincoln wheat penny struck after 1933 is worth more than 10 cents in worn condition. 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. Another example of a re-punched coin, an S was originally punched and then covered up with a D. Value: The value of this coin ranges from $40 to about $260. Click here to Learn How to use Coin Price Charts. Another XF40 graded errored coin was created when a Curacao 25 cent planchet was mistakenly used and this sold for $7,637.50. If one side has a different tone than the other it is most likely due to exposure to something or deliberate alteration. The 1943 penny is worth $1 000 000 because it is not made of steel. An example of data being processed may be a unique identifier stored in a cookie. Victor D. Brenner designed the coin under the direction of Pres. Some of them are very hard to identify and even experienced numismatists find it difficult to tell the difference. When it comes to determining the value of a coin like the 1943 Lincoln, this is something that will depend on a few different factors. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. Click here to Learn How to use Coin Price Charts. In addition to the links Ive included above, here aresome otherresources to help you learn more about 1943 wheat pennies and other old pennies: Stay up to date with everything about U.S Coins, We dont spam! Copper was essential for making ammunitions so the government decided to divert copper from making pennies to manufacturing shell casings. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. *by CoinStudy Specific 1943 Penny 1943 Copper Lincoln penny Continue with Recommended Cookies. Typical examples in uncirculated condition usually realize $1 to $5. The silver colored Lincoln wheat cent minted in Philadelphia with no mint mark is the most common 1943 penny. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! Also, click here to Learn About Grading Coins. the postal carrier says they put them in my box, but I still am looking for them. 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. Therefore, before celebrating your early retirement with your newfound fortune, have the coin authenticated by areputable coin dealeror third-party grading service. The 2 I have no mint brown in color and weighs 2.7 grams. The most rare example is the 1943 D bronze wheat penny of which there is only one known to exist. These pennies are now worth a lot of money because they are rare. It is worth significantly more than its face value in any condition. I kept it and put it in the fold and staple. As an Amazon Associate I earn from qualifying purchases.Privacy Policy | ContactCopyright document.write("2018 - "+new Date().getFullYear());LostTreasureHQ.com. (Price Chart), How Much is a 1943 Walking Liberty Half Dollar Worth? USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $451,026 in Average Condition and can be Worth $907,557 to $2,305,706 or more in Uncirculated (MS+) Mint Condition. Although the US Mint decided to replace copper with steel in the penny production, the machines mixed copper leftovers with steel plates. Searching for error coins continues to be a growing hobby. Keep checking your change, and happy collecting! Expert's Assistant: Is there anything else the Appraiser should know before I connect you? - Central Banks Lead the Way In Massive Gold Bullion Buying, - GOLD: Highest Month & Quarter Settlement, - Another Major Bank Teeters - Deutsche Bank, Get the latest deals and news!Subscribe to our mailing list.. The uncirculated 1943 steel penny value usually ranges from about $1.50 to $5. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. How do I know if my Wheat penny is worth money? (2023) A natural blue-grey color is displayed by the fields of the coin, highlighting the legends and devices. a #8 might get you #1 maybe ? Litvak-American sculptor Victor David Brenner inherited the task. Advanced collections choose from the many available in "like new" condition. No minted mark means it is a P mint, Penn. I also have a very beautiful 1943 wheat penny without the mint mark. Expert's Assistant: The Appraiser can help. 1944 bronze cents are common, but a few of the steel-coated zinc coins were minted that year by mistake. Here are some of the most valuable wheat pennies updated as of July 2022. Interest remains high along with demand. 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. As previously mentioned, the debut year had V.D.B. Although a wheat penny's face value is one cent, as a good rule of thumb, all wheat pennies, including common dates, are worth more than their face value. A quick glance at eBay shows where uncirculated BU rolls of 50 1943 steel pennies are only selling for $50 to $100 per roll. Click here to Learn How to use Coin Price Charts. also a 1943 dime sized one cent wheat penny lining for estimated values. No Mintmark Under Date: Philadelphia Mint Struck the Coin. The officialU.S. Mintname for the coin is the cent, and the official U.S. Treasury name for it is one-cent piece.. For one, there were up to 3 different types of coins produced each year. 1943 S Lincoln Wheat Cent : Bronze/Copper - USA Coin Book Hope that helps! Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. Abundant on a rarity scale. 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. A grade defines its state of condition and is used by collectors to help judge its worth. Value:This penny's value ranges from about $20 to as high as $5,000 if in mint condition. 1945 Penny Value: See What 1945 Wheat Pennies Are Worth & What Makes Join us today for FREE! Join us today for FREE! It depends on their condition, but if they are in good condition even if circulated you can probably get a few dollars for each one. Value: The value of this penny ranges from $1.95 to around $850. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). I have 6 1943 Stell Cents, they are not graded, 2 are D's one is an S, and the rest are no mint marks, should I get these graded to see their actual value, I am hesitant as it may cost more to get them graded than they are worth? See the19 Most Valuable Pennies Ever Sold here. Philadelphia's high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. Understanding this, the value of a 1943 Lincoln will vary based on its type. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. Noticeable is the major elements remain separated and none are connected due to wear. 1943 S Lincoln Wheat Cent : Steel Cent - USA Coin Book Eye appeal is an important consideration by collectors when choosing a coin to add to their collection. Desirable is a complete coating of zinc. "D" Mintmark Under Date: Denver Mint Struck the Coin. Latest Offers, Straight To Your Inbox. D Denv. You will have no difficulties recognizing them because there is a noticeable gap between these two marks. The 1943 steel cent was produced during the height of World War II. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. Printable sheet to list and inventory your coins. Brass brushes would be an excellent option because they are softer. This comment section is dedicated more to general commenting. Even though they are pretty common these days, most collectors want to include them in their collections. Do you know where the penny is from? 1943 Steel Penny: Value and History Explained - SD Bullion Believe it or not, some are worth much more than that! And the famous sculptor Augustus Saint-Gaudens was the one tasked with the redesigns. Mint Engraver Charles E. Barber strongly objected to the use of three initials on the coin. How Much Is a 1943 Silver Penny Worth? Your Coin Guide - Jewels Advisor Nevertheless, checking the 1943 Penny value is advisable, particularly if you have a bronze piece or one with an error. How Much Is A 1943 Copper Cent Worth? You can sell wheat pennies to local or online coin dealers, in auction houses, online websites such as eBay, coin shows, or pawn shops. A step by step method combined with the coin value online guide identifies how to value a coin collection. I found recently a 1984 penny with some raised ridges on the obverse. Since most people were used to pennies made of copper, this piece was a real surprise at that time. Click here to learn how to use coin price charts. When I first got into coin collecting back in the early 1990s, I thought like so many people who ask me about their coins here at The Fun Times Guide that my silvery 1943 pennies were actually made from silver. 2023 SD Bullion, Inc. All rights reserved.
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