Value:In average condition, this penny will be worth around $950 and in mint condition around $2,200. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'losttreasurehq_com-leader-2','ezslot_11',111,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-2-0');A strange minting anomaly also occurred in 1943 which saw the production of a handful of copper/bronze wheat pennies across all three mints. Historic value is high. Ultimate Guide To 1999 Penny Values (Including The 1999 Penny Error/1999 Wide AM Penny). You can see scratches and damage to the relief, but details are still noticeable and recognizable. A record price of $21,275 was fetched at auction for a MS67 D/D. one in real good condition might be worth $1-$7 Another XF40 graded errored coin was created when a Curacao 25 cent planchet was mistakenly used and this sold for $7,637.50. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. This example was well preserved over time. 1943-S Lincoln Cent Sells for $1 Million - The Spruce Crafts The military industry was run out of copper necessary for making castings. Lincoln Wheat Penny Key Dates, Rarities and Varieties, Kennedy Half Dollar Values and Prices (1964-2015), Buffalo (Indian Head) Nickel Values and Prices, How to Value and Price a Roosevelt Clad Dime, 50 State Quarters, D.C., and U.S. For one, there were up to 3 different types of coins produced each year. Fine This penny was in circulation for a while but without much damage. 1943 Steel Pennies: How Much They Are Worth Now - CoinWeek Go on line and type in 1943 P, D or S pennies value The scammer attempts to file down the 8 in the date to look like a 3. The best way to determine its value would be to submit it to a third-party grading service such as NGC or PCGS. Over the last decade, Ive been asked, How rare are 1943 silver pennies? and How much is my 1943 silver wheat penny worth? more times than I can even remember. 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. a UNC. Some valuable errors from this year include a Philadelphia minted MS66 penny struck on a dime planchet which sold at Heritage Auctions for $8,400. A lower quality EF40 was sold for $23,000 in 2001 which was a real bargain for the buyer. If the coin sticks to the magnet, it contains steel and is fake. 1943 Penny Value | Discover its Worth - CoinStudy I have one of these coinsif someone could email me and tell me what I have? Value: The value of this penny ranges from $35 to $1,200. In other words, this is actually an extremely rare error coin. 1943 S Lincoln Wheat Cent : Bronze/Copper - USA Coin Book all circulated and in good plus condition. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. Pricing the 1943 Lincoln Penny. Other factors like the mint year, condition, and rarity greatly influence the value of a collectible coin. However, some leftover steel blanks ended up in the pressing machines, and these 1944 steel cents ended up in circulation. These are worth, A lightly circulated 1943 steel penny is generally worth, The uncirculated 1943 steel penny value usually ranges from about, Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth. I also have 1943 steel penny with no mint. Josh @ CoinValues. and non V.D.B. Therefore, collect coins in the highest grade that you can afford. The first thing to address is that 1943 steel cents are not at all rare. That sure is a lot of money for an old penny, right? The wordpennyhas been around since medieval times, and the name of the U.S. penny comes from the British coin with the same name. Hi Mr: Joshua McMorrow Herdandez The United States Mint struck over 600,000,000 of the Lincoln Wheat Penny in 1943, which is a fairly large mintage. | How much is a Wheat Penny worth? 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. The error can be seen in the word Trust and on the date. A quick glance at eBay shows where uncirculated BU rolls of 50 1943 steel pennies are only selling for $50 to $100 per roll. Over 684 million of these zinc coated steel coins were produced. Since most people were used to pennies made of copper, this piece was a real surprise at that time. A lighter shade of silver-grey highlights the design. Perhaps one of the most notable and unique errors happened when a 1943 penny was struck over a Cuban 1 centavo. Where can I get this misprint evaluated? The decision was made to strike 1943 wheat pennies from zinc-plated steel planchets. These coins have been given the designation King of Lincoln Cent Varieties due to the doublings dramatic extent. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. 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 $593,651 or more in Uncirculated (MS+) Mint Condition. Second step, is an appraisal of condition. Victor D. Brenner designed the coin under the direction of Pres. They are worth a considerable amount over theircoppermelt value due to their numismatic interest. How much is a Silver Quarter worth? Join us today for FREE! This coin's exact value is determined by its current condition and rarity. What Is a Wheat Penny and How Much Are They Worth? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. It is important to judge your coin against both the images and descriptions. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. 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? | Melt Value? Many were pulled from circulation. Value: The value ranges from $500 to around $1,900. Rare 1943 Penny Sells for Six Figures: How To Tell If You Have One Too You can recognize only Lincolns profile, while almost all the details have merged. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. The United States Mint accidentally used the wrong planchet metal when striking the coin. Normal humidity in the air presented a challenge to preserve a 1943 cent. There are only around 30 samples known. Many collectors do not consider their coin collection complete without the Lincoln Wheat penny key dates, rarities,andvarieties. PS: never send in your coins by mail or leave them there to be looked at. Real Experiences. I have a 43 s copper looking penny on one side, steel on the other. This may come as something of a surprise to the many who believe these coins are quite valuable. Lincoln Wheat Penny (1909-1958): Values & Key Dates - Gainesville Coins Values of these steel pennies is greatly reduced by the problems rust creates. I have a 1946 wheat penny with no mint mark in good condition what is it worth. Since your wheat penny has a silver color, it's almost certainly a 1943 steel cent. IMG_0058.PNG & IMG_0067.JPG will my coins still b worth anything if it looks like this 1943D wheat copper or bronze penny, Hello, Orlando -- Extremely Fine Grade: A light amount of wear visible to high areas places this coin in the Extremely Fine grade. How Much is a 1940 Penny Worth? (Price Chart) - Something Borrowed In the early 1940s, when the United States had first entered World War II, our nation needed to ration a variety of important materials to help win the war. Handling and circulating through commerce easily start the process of metal removal. Any suggestions where I can sell them, I am interested in them Thanks to the high production, you will effortlessly find a specimen for your collection for a very affordable price. His temple, cheek, and jaw are smooth and flat on the highest ridges. They have a better value than the 1943 steel pennies without mint marks. How much a steel penny is worth is very dependent on the condition of the coin. NOTE: Incidentally, a few 1944 wheat pennies were made with the 1943 steel planchets. Absent is any rust. USA Coin Book estimated value of 1943-D Lincoln Wheat Penny (Bronze/Copper Variety) is worth $408,418 in average condition and can be worth $821,820 to $2,087,886 or more in uncirculated (MS+) mint condition. Both are in the collectible grading range. It is not difficult to find the 1943 Denver Lincoln Steel Penny in medium or even high qualities. I have 1943 double die copper pennies and 1943 copper penine that is in good shape no magnet sticks I have got them I want to sell. Lincoln Wheat pennies are one of the most popular series of U.S. coins that coin collectors strive to build a complete set. I would like to sell would anyone be interested?? They look very convincing, although you can check the coin for authenticity with a magnet. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! If your coin is worn and looks similar to the one illustrated in the link below, it is considered acirculatedcoin. There is no right or wrong way to collect 1943 Lincoln cents. This produced a MS62 coin that sold for $38,187.50. this coin is most sought after by collectors and is most valuable in any grade. The metal composition of a coin directly affects its weight. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Keep checking your change, and happy collecting! Jump to: What is a Wheat Penny? Value: Values range from $350 to about $12,000 for this coin. 1943 S Lincoln Wheat Cent : Steel Cent - USA Coin Book For all these reasons, the US Mint decided to reuse copper for producing pennies in 1944. Nevertheless, they are a cost-effective alternative to buying uncirculated 1943 Pennies and are popular in the non-numismatic market. Otherwise, non-error steel cents are not in themselves rare. JavaScript seems to be disabled in your browser. The 1942 Wheat penny has high value as a numismatic coin and gem in pristine condition. WHAT IS A 1943 STEEL PENNY WORTH - YouTube ), on the reverse side, and the other did not. Noticeable is the major elements remain separated and none are connected due to wear. The first thing is not to wipe the coin. I have a 1946 wheat penny with no mint in good condition US Mint. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. Zinc exposed to moisture forms a white soft power, zinc oxide. The United States Mint first minted the Lincoln Wheat penny, or "Wheatie" as they are sometimes called, in 1909. The 1943 steel penny with no mintmark is usually worth between $3 and $10. According to USA Coinbook, a circulated 1943 Philadelphia minted steel penny is worth between 10 and 55 cents, whereas an uncirculated coin is worth between $2.74 and $10. No mintmark means the coin was minted in Philadelphia. Hi Jackie. The steel cents were often confused with the dime, causing some folks to lose 9 cents (or more) in a cash transaction. The consent submitted will only be used for data processing originating from this website. No larges nicks distract the eye and rust is not present. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). Very popular with collectors. 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. Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition Date and mint mark collecting are a main focus to collections. You should always check the zinc oxidation levels. Top-level specimens in grades of Mint State-67 or better can go for much more, sometimes hundreds or even thousands of dollars. That change made this penny look like a silver coin, setting it apart from all the pennies ever minted before. Found in a wide range of conditions, desirable examples are absent of both rust from the steel core and discoloration of the zinc. Even if you didnt, your 1943 steel pennies are still neat coins and theyre historic relics from the World War II era. Due to their rarity, these coins are very valuable and continue to rise in value every year. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? Sincerely: Linda G. I have a silver wheat penny that only has a 19 for the date and has no mint mark. If you buy thru these links, we may earn a commission at no additional cost to you. The new penny would have the Lincoln Memorial as a motif, substituting the popular wheat stalks. 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. A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents. You can sell wheat pennies to local or online coin dealers, in auction houses, online websites such as eBay, coin shows, or pawn shops. Each combination is valued and listed on the chart. In low grades, a 1943 or 1944 penny is only worth its face value. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. People often mistakenly replaced these two coins for similarity and lost nine cents per piece when paying something. Silver Price $331 Outside COMEX Trading Hours? I have a 1943 steel wheat penny that is in beautiful condition very shiny looks like a new dime no marks perfectly ledgable!! No Mintmark Under Date: Philadelphia Mint Struck the Coin. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. I have a 1943 S mint mark copper penny. Takedown request | View. All metals were a precious commodity during World War II and copper was particularly important as it was needed for munitions and shell casings. I have a 1943 wheat penny, with a number three on the back side between the wheat? Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition. Advanced collections choose from the many available in "like new" condition. Prices have gone way up for the 1943 copper penny over the years. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. 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. My love for coins began when I was 11 years old. Are you concerned the precious metals train has left the station without you. A lightly circulated 1986-D quarter can sell for as much as 50 cents, while uncirculated 1986-D quarters are usually worth . Wear has removed enough design and metal from the two examples to grade lower than extremely fine on a technical basis. There is mint identification mRk. Coins are worth at least their face value. What does this mean. These are approximate retail prices and wholesale values. As a result, the 1943 penny is very low on the rare coin scale. Metal alloy of 1943 cents has a few considerations effecting its market acceptance. Rest . The 1943 wheat penny made from zinc is worth between $0.16 (G4) and $6,000 (MS68) depending on where they were minted. In Extremely Fine condition, it is worth about $0.04 and could sell for $0.89 in uncirculated condition. The 1940 Wheat penny is made from 95% copper and 5% zinc & tin. When a new law dictates a change to the coinage, the Mint must adjust its production process to accommodate the requirements of the new law. Some leftover copper planchets (sometimes mistaken for brass) were still in the presses from the previous year (1942) as the zinc planchets were loaded up. 1944 Wheat Penny Value: How Much is it Worth Today?

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