How rare is a 1943 penny?

The 1943 wheat penny is made of steel with a coating of zinc and is considered to be very rare. In fact, only about 40,000 were ever made!

How much is a 1943 penny worth today?

In reference to the current NGC price guide, a 1943 wheat penny in a circulated condition is valued at $0.05 to $1.25. A mint state-certified steel wheat penny could fetch up to $10 at an auction.

How do I know if my 1943 penny is rare?

The easiest way to determine whether or not your 1943 Cent has collectible value—to see if it is possibly bronze rather than steel—is simply to test it with a magnet. If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases.

How many 1943 pennies are left?

The 1943 copper penny is among the rarest coins and has a fascinating history, thus becoming one of the most expensive coins. 1943 copper pennies can value as low as $100,000 up to millions depending on grading conditions. There are around 271,943 Copper Pennies in existence; hence, highly expensive.

How much is a 1943 D steel penny worth?

USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.33 in Average Condition and can be Worth $3.30 to $11 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.

Super rare 1943 pennies worth money recently sold! Valuable pennies to look for!!

Why is a 1982 penny worth $10000?

So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years.

Why is the 1943 penny so expensive?

The Rare 1943 Penny

If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong planchet metal when striking the coin. But very, very few of these left the U.S.

What is the rarest penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

Which 1943 penny is worth the most?

1943 Bronze Lincoln

“The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.

Is a 1943 copper penny worth $1.7 million?

How Much Is A 1943 Copper Cent Worth? It's quite literally the million-dollar question! The all-time record price for a 1943 bronze cent is $1.7 million. This price was paid for the only known example of a 1943-D copper penny graded MS64BN by Professional Coin Grading Service.

What is a 1943 $1000000 penny worth?

Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet. All 1943 Lincoln cents were supposed to be made of steel planchets coated with zinc. However, some bronze planchets left over from 1942 slipped into the production process.

How old is the rarest penny?

1877 Indian Head Penny – $149,500

This particular penny is the rarest date of all the Indian Head pennies minted. In 1877 the demand for US coinage was at an all-time low due to a long recession. So, people didn't save pennies then. To find an uncirculated version in mint condition is rare.

Are all 1943 pennies silver?

A lot of people talk about 1943 pennies and that they may have a silver one, and while they may have the right color penny, most of those are zinc plated steel. The famed error for the 1943 penny is the copper one, as the USA switched metals from copper to steel in order to conserve metal for their war effort.

What was the last 1943 penny sold for?

An error 1943 Copper Penny realized $298,125 in GreatCollections' auctions on Nov. 13. The rarity saw 138 bids, nearly 10,000 page views, and 226 GreatCollections members tracking its sale.

What kind of penny is worth $1000?

1955 Doubled Die Lincoln Cent: $1,000 to $2,000+

The 1955 doubled die penny shows heavy doubling in the inscriptions on the obverse side such as the word LIBERTY and the date. It is worth $1,000 and up even in well-worn condition, with uncirculated specimens taking $2,000 or more.

What penny sold $1000000?

Here's a rare 1943 Lincoln penny: The coin was mistakenly struck in bronze rather than zinc-coated steel, one has just sold for $1 million. Do we have any coin collectors out there? Susan Adams and 14,327 others like this.

Is there a penny worth over $1000000?

Over a Million Dollars for a Copper Lincoln Penny – Kovels

But a 1943 one-of-a-kind copper alloy Lincoln penny struck at the Denver Mint was recently sold by a New Jersey coin dealer for a record $1.7 million.

What penny is worth 2300 dollars?

The coin is a 1999 Lincoln penny and if you flip it over to the backside, look at the AMERICA in the UNITED STATES OF AMERICA. More specifically, the A and the M letters. If they are not touching, it's called a wide AM and this error could be worth some major money as one sold for $2,300.

What is the error on a 1999 penny?

It's from 1999 and could be worth $4,500 thanks to a little-known error on it. What you want to look for is a 1999 penny with no mint mark, which means no letter under the year on the heads side.

Are 1983 pennies rare?

The U.S. made about 7.7 billion pennies in 1983, but only about 5,000 of them are known to have been made with this doubling error, James McCartney, director of numismatics at Stack's Bowers Galleries, tells CNBC Make It. The rarity of these misprinted pennies are what make them more valuable than ordinary pennies.

What is the hardest penny to find?

1877 Indian Head Penny

This penny is the rarest date of all the Indian Head pennies ever minted.

What year penny is worth millions?

1943 Bronze Lincoln Penny - About $1.7 Million

This resulted in the steel mixing with the copper for the first few pennies produced that year. No one noticed the error, and the pennies entered circulation. The US Mint estimates that 40 of them still exist.

What are the 15 most valuable pennies?

How much is a 1943 copper penny worth in 2022?

1943 “D” Copper Penny

All the 1943 copper pennies from the Denver mint will sell for many dollars. At a G-4 rating, it can sell for at least 100,000 USD. You'll earn around 150,000 USD if the coin is in a fine state. PCGS rates them as having the best price of 1.5 million dollars in their highest mint state.