1943 steel penny how much is it worth

1943 Steel Penny How Much Is It Worth?

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.

Is a 1943 S Steel penny worth anything?

Generally though, wheat pennies are at least worth three times its original value, unless it is extremely worn out. Nowadays, the average estimate value of the 1943 S Steel Penny is 65 cents for average condition to $25 for mint state.

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.

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 makes a 1943 steel penny rare?

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. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through.

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How much is a 1943 D copper 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.

How do I know if my 1943 penny is rare?

What year is a penny worth 1 million dollars?

The million dollar penny: Rare 1943 Lincoln cent bought by owner of the Texas Rangers for a cool $1MILLION.

What is the weight of a 1943 steel penny?

2.702 g
1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents.

1943 steel cent.
Value $0.01 U.S. dollars
Mass 2.702 g
Diameter 19.05 mm
Thickness 1.55 mm
Obverse

What penny is worth $1000000?

1943-S Lincoln Cent Sells for $1 Million.

How much is a 1942 steel penny worth?

Comparison Table Showing the Value of the 1942 Penny:
Condition 1942 1942 D
Uncirculated $1.37 $1.61
Very Fine $0.06 $0.09
Fine $0.05 $0.05
Good $0.03 $0.01

How do you clean a 1943 steel penny?

To clean old coins with the lemon juice, do the following:
  1. prepare a solution of 2 parts juice and 1 part filtered water.
  2. soak the coins for three to four hours.
  3. check the progress by delicately removing the residue with your fingers (remember to wear gloves!)
  4. if needed, let the coins soak for another few hours.

Which 1940s penny is worth the most?

Some 1940 Lincoln proof pennies go for $25 or more. In 2006, a 1940 Lincoln penny in mint state 68 Red was sold for $14 950, as per information from the Professional Coin Grading Service (PCGS). This guide discusses the 1940 Wheat penny.

What to do if you find a 1943 penny?

The way to detect if your 1943 penny is made out of copper is by using a magnet. If the penny sticks to the magnet, it is made out of steel — not copper. Keep your eyes open for this rare penny — and you could be up to $200,000 richer if you find it.

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.

1943 steel penny how much is it worth
1943 steel penny how much is it worth

What dime is worth $1000000?

Did you know that there are some dimes still out there that could be worth up to $1.9 million? A specific dime minted in 1894, known as the 1894-S Barber Dime, is actually worth millions.

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What penny is worth $100000?

1944 S Wheat Penny
1944 S Wheat Penny worth $100,000 | Wheat penny value, Penny values, Rare coins worth money.

What is the rarest penny ever?

1. 1943-D type Lincoln Bronze Penny – $1.7 million. The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny that had been struck on a bronze planchet. The penny was in uncirculated condition.

What year were the steel pennies made?

1943
In 1943, copper was needed for war materials, so pennies were made out of zinc-coated steel.

Is a 1934 penny worth anything?

1934 is a pivotal year in wheat penny values. Circulated coins below the grade of Extremely Fine are now found in large quantities. Average circulated condition coins are worth a few cents each. In contrast any date prior to 1934 is well above this minimum value in similar condition.

How much is a 1944 wheat penny worth?

The 1944 Wheat penny without a mint mark is worth about 15 cents. One with a “D” mintmark in Extremely Fine condition could sell for about twenty cents. If it’s Uncirculated, expect it to be priced at around 35 cents.

Why is 1944 wheat penny rare?

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. 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 the error on a 1942 wheat penny?

1942 Whet Penny has an Error at Obverse side, massive distortion of Lincoln face and all around the side.

How much is a 1945 wheat penny worth?

Valuing the 1945 Wheat Penny

Roughly, this coins value, in average condition, can be estimated to be valued at about $0.15, while a 1945 Wheat Penny in certified mint state (MS+) condition might auction for as much as $3*.

How much is a 1943 steel penny worth in 2019?

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.

What is a wheat penny worth?

Although a wheat penny’s face value is one cent, all wheat pennies are worth more than their face value. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures. Most wheat pennies in good condition will be worth about $10 on average and are fairly easy to find and purchase.

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What is a 1943 reprocessed steel cent?

“Reprocessed” 1943-D Lincoln Cent

This alteration involves the removal of the thin layer of zinc from the steel and then re-plating the result. Because the plating has been re-added well after the original striking of the coin, a lot of the small details like die flow lines and luster are lost.

What is a 1940 d penny worth?

1940 Penny Value
1940 Lincoln Penny Value
Condition of Coin
1940 $0.02 $1.48
1940 D $0.02 $2.84
1940 S $0.03 $2.44

How much is a 1949 wheat penny worth?

The 1949 Lincoln penny is an oldie but a goodie. Minted in 1949 in Philadelphia, the coin features Abraham Lincoln’s portrait on the obverse and a pair of wheat stalks on the reverse. The coin has an estimated worth of $1 to $2 if it’s in good condition or up to $4 if uncirculated.

What’s a 1956 d penny worth?

The 1956 Wheat penny with a “D” mintmark and one without have the same value. One in fine condition could sell for about $0.10. A 1956 penny in extremely fine condition is worth a little more and is typically priced at $0.12. 1956 pennies in certified mint state (MS+) condition can fetch up to $5 at an auction.

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 $8 for coins with an MS 63 grade.

How many 1944 steel pennies are there?

There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. Just two 1944 San Francisco Mint steels are known. The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. The only other known 1944-S steel cent is in a PCGS genuine holder.

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