What makes a 1943 steel penny valuable?

They are relatively common in excellent condition since people tended to save them when they were first issued because they were unusual. Unfortunately, a regular 1943 steel penny is worth only a few cents. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black.

How do I know if my 1943 penny is worth anything?

Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.

Are 1943 steel pennies valuable?

Value of a 1943 Steel Penny

They are worth about 10 to 13 cents each in circulated condition and as much as 50 cents or more if uncirculated.

Which 1943 penny is worth the most?

The highest amount paid for a 1943 copper cent was $82,500 in 1996. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies.

What is the rarest 1943 steel penny?

A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Texas Rangers co-chairman Bob R.

WHAT IS A 1943 STEEL PENNY WORTH - RARE PENNY WORTH MONEY!!

What year penny is worth $1000000?

The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.

How much is a 1943 steel penny worth in 2021?

Specimens in circulated conditions aren't worth more than 15 to 30 cents. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). However, there were some error strikes that year that can sell for 5 or even 6 figures.

How much is a 1943 steel penny worth with no mint mark?

The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. In very fine condition the value is around $0.35. In extremely fine condition the value is around $0.40. In uncirculated condition the price is around $2.50 for coins with an MS 63 grade.

What penny is worth $50000?

The 1959-D wheat penny is one of the most controversial mule coins ever. It's worth $50,000!

How many 1943 steel pennies are there?

1.1 billion of them were struck, including 685 million 1943 steel cents, 218 million 1943-D steel pennies and 192 million 1943-S steel cents. Each was composed of 99% steel and 1% zinc rather than 95% copper and 5% zinc and tin as pennies struck before 1943 were.

How much is a 1943 silver steel penny worth?

The value of a lightly circulated 1943 steel penny ranges from 20 cents to 50 cents. The uncirculated 1943 steel penny's worth is generally in the neighborhood of $1.50 to $5. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100.

What is the rarest wheat penny?

Considered to be the most valuable of the non-error Wheat Pennies, the 1914 D Wheat Penny commands an asking price range from $281 to $4,268.

Which steel penny is worth the most?

The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. In 1943, a few bronze pennies were also minted. The bronze 1943 penny is one of the rarest coins in existence, and it sold for $204,000 in an auction in 2019.

What are the odds of finding a 1943 copper penny?

There are perhaps as many as 200 million normal pennies currently in circulation, so your odds of finding one of the 30 or so potentially floating around out there are one in fifteen million. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more.

What is a 1943 copper wheat penny worth?

How Much is it Worth? At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1.5 million. But for a coin this rare, actual sales from auctions or private sales (when available) are the best measure of value, especially as these coins rarely come up for sale.

Why is a 1958 D penny rare?

One of the biggest and rarest errors for Wheat Pennies is the 1958 Doubled Die Error. Only three examples are known to exist, with only two being officially graded by PCGS, a third party grader. Doubling can be seen very clearly on the obverse of the coin.

What's the oldest penny ever?

What is this? The oldest penny in the world is the Birch Cent of 1792.

What are the mint marks on a 1943 steel penny?

They were struck at all three mints: Philadelphia, Denver, and San Francisco. As with the bronze cents, coins from the latter two sites have respectively "D" and "S" mintmarks below the date.

Is 1943 Lincoln Steel Penny no mint?

No Mintmark Under Date: Philadelphia Mint Struck the Coin

Philadelphia's high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent.

What is the Holy Grail penny?

This holy grail penny is a copper penny from 1943. That might sound normal to some, but the U.S. didn't make pennies out of copper in 1943. Instead, they were made out of steel coated in zinc. This was due to copper being used for other purposes during World War II.

What is the rarest coin in the world?

What is the rarest mint mark?