I am 80 just restarted collecting after I initiall collected coins in the early 50 s. Curious to its value. So, this history makes collectors yearn to add the coins to their list. While there is no known mintage figure for the 1943-D/D Lincoln cent, its estimated that perhaps 3,000 to 5,000 examples may exist across all grades. This paved the way for an emergency composition for the one-cent coin as well. 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. What Is Coin Toning and Its Effect on Value? Those with mint state grades tend to be worth much more than $70,000 each. The 8 New Answer, What Will A Good Researcher Do After Formulating A General Research Question? They will be able to give you an educated opinion before you invest the money in having it authenticated by a third-party grading service. Metal was not the only commodity that was critical to the war effort. Unfortunately, many people alive during the 1940s have now passed away. What is the value of this? Moisture came in contact with the coins as they circulated in commerce. A little D means Denver, and a little S San Francisco. Hiso i have a silver penny its 1943? Early Jefferson Nickel Values 1938 - 1964, Uncirculated U.S. Mint Set Values and Prices, find out if your 1943 copper penny is genuine. There will be an extensive offering of 1943 coppers and 1944 steel cents in the upcoming FUN auction by Heritage in Tampa during January 2016. When they became dislodged, they were mixed with the regular zinc plated steel planchets and processed through the coining presses. Expect the value to rise to 0.35 USD in fine grade, 0.48 USD in extremely fine form, and sell at 1.50 USD in the uncirculated grade. In that war period, the US had scarce metal resources. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. Some people got it confused with a dime that is almost the same size. The first 4 is clearly different than the second. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. The missing 4 is likely due to a foreign substance in the die when the coin was struck -- not very rare. They decided to use steel for the base metal and plate it with pure zinc. The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Before you waste your money sending your coin to a third-party grading service only to have it come back as an altered or counterfeit coin, here's a few things you should do: When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. What are the errors on a 1943 D steel penny? The San Francisco mint made them in the lowest numbers. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). Of all 1943 coppers and 1944 steels that survive, this 1944-S is the only gem. 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: The reason is that the1943 copper pennyisan error coin. Any idea who to talk to about it. How much a steel penny is worth is very dependent on the condition of the coin. I have a copper wheat penny on one side and a liberty silver dime on the other says its a 1944. One of which is in excellent condition with a bluish tint to it, assuming it to be uncirculated. Sale Price 838.09 Off-metal strikings, from the middle of the 20th century, as a class are not rare. Indeed, there are multiple Philadelphia Mint 1943 copper and 1944 steel cent errors in this one auction. It was owned by Col Green, then was offered to James Kelly for $200 per B.G. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. So, they range from at least EF 40 to around EF 49. Strong evidence for my theory is that the PCGS price guide, the CAC population report and the NGC Coin Explorer all list 1943 coppers and 1944 steel cents as coins, not as errors or experimental pieces. Face value: $1. But it has a side profile of a womans face and a flying duck or goose on the obverse. These have a neat off-white appearance, and the just mentioned piece is more intriguing than 1944 steel cents. Also, the looks of this coin confused some people who werent keen on details. Most experts believe that there are still a few yet to be discovered! If it reads 1943 then it is a 1943 steel penny. Normal copper wouldnt do this. 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. We are using cookies to give you the best experience on our website. The learning process takes some years of deep study of coins. Sticks to magnet => made of steel => one of the _billion_ or so minted that year => only worth a few cents. This unusual-looking Lincoln Wheat cent is unlike any other United States one-cent coin. Other than 1943 coppers and 1944 steels, however, off-metal strikings from this time period would be wrong-denomination errors, patterns or experimental pieces. At first glance it looks rough to say the least. (c) fitting the dime into the hollow on the cents back. I have a penny that was struck on a dime planchet minted in 1964. The 1943 and 1943-S coppers are rarities that really circulated in modern times. Looking for help on what type of penny it is. Curving on the top, the coin has the lettering E PLURIBUS UNUM.. That piece is one of two known steel pieces struck with Walking Liberty half dollar dies. This was accomplished by using copper shell casings gathered from military training facilities. 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. I attended that auction on January 24, 2013. There is also a mark above the first 4. Laura: Its very unlikely to be the same item. You can sell them for at least 0.23 USD in the lowest state. If it is silver-colored, it is likely to be made of zinc However, many in the public were less than thrilled with the alternative composition. The values vary with their current status and the mints that struck them. These materials, including copper and nickel, were used for producing ammunition and artillery. 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. I do have some of 1943 , 1944 & more , what should I do to evaluate them ???? The coin can have a few wear signs on the surface. 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. Walking Liberty half dollars are very popular. Professional Coin Grading Service (PCGS) - www.pcgs.com. I think you are a little bit confused here. It makes them look new every time you view them in light. 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. Generally, there is a consensus that wrong-denomination strikings are clearly not coins. If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! But is worn and not wheat back. The 1943 steel cents are quite common, and more than one billion were struck for circulation. Also, counterfeiters in foreign countries have created very deceptive-looking counterfeits. If a majority of them think it is an altered or counterfeit coin, don't waste your money having it certified and authenticated. You will find the answer right below. Any idea ? Therefore, the Lincoln cent and the Jefferson nickel became prime targets for temporary but necessary metallic alterations. It is now PCGS graded MS-62 and remains in Simpsons collection. The diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. Can any one tell me what it is and how much it might b worth ? Here are the 1943 steel penny error coins with their values. While 1943 copper After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Mint mark: S. Face value: $1. The US Congress chose the Lincoln cent and Jefferson nickel as the temporary choices. But it is not bad if you havent attained the skills yet. The following two columns list the buy price and the sell value for an averageuncirculated. The other error They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. We answer all your questions at the website Ecurrencythailand.com in category: +15 Marketing Blog Post Ideas And Topics For You. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. So, besides using a magnet to know if they are silverish, these coins aspects are easy to learn. Expect them to have a grade ranging from MS 60 to MS 68. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Philadelphias high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. As the coin began to circulate, it would turn ugly black, and the edges would rust. How was the figure of 500 million arrived at? If you found this article useful, please share it. What Will A Sociologist Always Do After Picking A General Research Idea Or Question? 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 The highest certified, not necessarily the finest known, was ANACS graded MS-61 then later PCGS graded MS-61. So, the US government allowed the mints to strike the coins with this design to honor Abraham Lincolns 100 birthday. You've already signed up for some newsletters, but you haven't confirmed your address. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. $800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES, What Is The Error On The 1943 D Steel Penny? Original Price 985.99 Take your coin to a local coin dealer and have the dealer look at it. Very rare 1943-D steel penny variety sold for $10,200! Weat penny made in error, ,i beleve in 1943 this penny is cooper, and like 5% led or maby zink. A MS-63 grade 1943 copper or 1944 steel is worth much more than any regular MS-63 grade Lincoln Wheat cent. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. Captcha failed to load. I onow this has to be to good to be true. These are common wheat cents. Supposedly a 1911 and a 1927 also exist. In fact thats the usual first test for any suspected 1943-dated bronze error cents; if the coins attracted to a magnet its an ordinary steel one and not a bronze error coin. You can sell your coin at a bidding event, pawn, or coin shop. Shipping, returns & payments. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. In 1943, a few bronze pennies were also minted. There are probably 12 or 13 Philadelphia Mint copper Lincolns from 1943 in existence. The 1943 copper penny is extremely rare and valuable. This same 1944-S brought $373,750 when I have Lincoln penny 1944 D copper, 1943 steel penny and Indian head penny 1905 steel. Philadelphia: 684,628,670 Johnson 1/3/1944 invoice on the Newman Numismatic Portal, then to J.V. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. Didnt you Read Story? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. As for their value, these coins go for around 0.75 USD in their fine grade. If a majority of the dealers think it is authentic, then you should invest the money and send it to a third-party grading service. I have a 1944 D penney and it is not like any ive ever seen the date is surounded by impressions other objects and smaller lettering its as if the coin was pressed on a coin that was already pressed but its not one that looks like any i recognize. All three are or were owned by Bob Simpson. Its because the double How to Value and Price a Roosevelt Clad Dime, Lincoln Memorial Penny (1959 to Today) Values and Prices. This means that every time you visit this website you will need to enable or disable cookies again. I am cited in this book as a provider of information on 1943 coppers and 1944 steel cents (NY: Random House, 2012). In 2010, the coin sold for a record USD 1 million. 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. Very nice but very thin. For example, would any expert maintain that a half dollar struck on a cent planchet is a coin? The coining press struck the copper planchets with the 1943 date. Today, most collectors and miners go for this coin because of its history. Next, the steel sheet was plated with zinc and passed through a blanking press. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. 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. All Answers, What Will A Girl Do When She Likes You? Please reply if they are worth something, I have found two 1943 wheat pennies as well as two 1944 wheat pennies one a 1944D. Fortunately, there are straightforward tests to determine if your1943 copper pennyis genuine. I have three 1943 steel penny that seem to be rpm with 1944. are these of any value and how rare. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more. As the totes moved from machine to machine, sometimes a blank from the last batch would get stuck in a crevice. About this item. Also, various online markets like eBay allow you to sell or buy 1943 steel pennies. Then they are sold via general-readership newspaper and magazine advertisements. Patti Gonzales. I have 2 1944 pennies. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach, Which Material Has Lowest Elastic Modulus? Most of the details in Lincolns portrait are visible. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Set where you live, what language you speak, and the currency you use. This steel Walker is one of two known and is graded as MS-64. They were not made for prominent collectors. 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. My opinions about the definition of a coin or the importance of such off-metal Lincolns are not being expressed here. 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. Someone gave me one but its in a case and dont want to open it. 1943 D steel penny sells for around 2.68 in their best class. please read the article. I dont have a website, but im a 13 year old. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Only, with no guarantee of accuracy coins in the early 50 Curious. Dollars, if not more philadelphias high mintage of 1943 pennies, ( 684,628,670 ) is the gem... 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