A shortage of copper combined with a need to provide coinage to commerce forced the mint to use an alternative alloy. Importantly in this condition a strong eye appeal is projected by both coins. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. The reason 1944 Steel Cents are so valuable is precisely because they are extremely rare coins. The reason for such a coin was simple. The decision was made to strike 1943 wheat pennies from zinc-plated steel planchets. All rights reserved. The 1943 copper penny is extremely rare and valuable. Historic value is high. Hi Jules. My love for coins began when I was 11 years old. This article will answer the two key questions about the Lincoln wheat pennies: What are the most valuable wheat pennies tocoin collectors(i.e. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. It is not difficult to find the 1943 Denver Lincoln Steel Penny in medium or even high qualities. And in very good condition. WHAT IS A 1943 STEEL PENNY WORTH - YouTube 1943 Penny Value | Discover its Worth - CoinStudy Originally, Brenner's signature appeared on the obverse of the coin. Hello, I am trying to figure out where do I share the photo, of my 1944 Penny minted in Philly andif it has any value? Intermediate and advanced coin collectors will learn how to grade Lincoln wheat pennies using the Sheldon scale of 1 to 70. Value: Without a mint mark, it ranges in value from about 35 cents to $1,000. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-leader-3','ezslot_13',110,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-3-0');The zinc alloy gives the coin a silver appearance and they are commonly referred to as 'Steel Cents', although they have been mistaken for aluminum and lead. As mentioned above, 1943 cents should have been minted with steel rather than copper due to the country's efforts in World War II. While 1943 copper cents weigh about 3.11 grams. These coins are on a rarity scale of Abundant. But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! More about rare coins and coin values from the author: Are Silver & Gold Magnetic? Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. 1944 Wheat Penny Value: How Much is it Worth Today? and new product arrivals. Lincoln wheat pennies were produced at three different mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S). Another scam involves the 1948 penny. Stainless Steel vs. Sterling Silver: Whats the Difference? Originality is the key to value. A composition of steel, coated with zinc, resulting in their distinctive color, sets these coins apart. NOTE: Incidentally, a few 1944 wheat pennies were made with the 1943 steel planchets. key dates, low mintage, minting errors), and what are the wheat pennies to look for in your pocket change? I have a 43 s copper looking penny on one side, steel on the other. Interest remains high along with demand. Click here to Learn How to use Coin Price Charts. I just wanted to know, How can you tell if you have a steel penny, or a bronze penny? As illustrated in the photo in the link below, themint markis located on theobverseof the coin,just below the date. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. I kept it and put it in the fold and staple. 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. Real Helpful. However, the mints accidentally made a few pennies with bronze planchets instead of steel planchets coated with zinc. What makes a 1943 steel Wheat penny valuable? - KnowledgeBurrow Since most of these coins were in circulation, today is difficult to find a specimen in excellent condition. If one side has a different tone than the other it is most likely due to exposure to something or deliberate alteration. The second penny is worn to the point design elements are beginning to connect. 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. Michael is passionate about personal finance, side hustles, and all things geeky. During World War II, the war effort required a lot of copper to make shell casings and munitions. How Much is a 1942 Wheat Penny Worth? (Price Chart) - Something Borrowed In Extremely Fine condition, it is worth about $0.04 and could sell for $0.89 in uncirculated condition. Most are worth only 2 or 3 cents. Expert's Assistant: Is there anything else the Appraiser should know before I connect you? Can you give me an advised or guide me in the right dirrection to find out more about my coin collection. For the best experience on our site, be sure to turn on Javascript in your browser. Small zip lock bags are a good temporary solution. Collectible Grade: Qualities of these unique 1943 pennies involve special considerations in condition less than Extremely Fine grade. Thomas G. Flammio: With the four different reverses on theLincoln cent in 2009, and the new Shield reverse starting in 2010, interest in Lincoln cents peaked for a few years.

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