Are 1943 Steel Cents Worth Anything?

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

How can I tell if my 1943 steel penny is worth anything?

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 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.

Which 1943 steel penny is worth the most?

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 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.

What makes a 1943 S Steel Penny rare?

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

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.

How many 1943 copper pennies have been found?

Nearly all circulating pennies at that time were struck in zinc–coated steel because copper and nickel were needed for the Allied war effort. Approximately 40 1943 copper–alloy cents are known to remain in existence.

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.

How much 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.

How do you clean a 1943 steel penny?

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.

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.

References:

1. https://blog.ha.com/rare-1943-penny-sells-for-six-figures-how-to-tell-if-you-have-one-too/
2. https://sdbullion.com/blog/1943-steel-penny
3. http://abcnews.go.com/blogs/headlines/2012/09/rare-1943-penny-sells-for-1-million
4. http://content.time.com/time/specials/packages/article/0,28804,1913870_1913868_1913831,00.html
5. https://www.thesprucecrafts.com/how-rare-is-a-1943-penny-3970325
6. https://www.silverrecyclers.com/coins/1943-steel-penny.aspx
7. https://www.usmint.gov/news/press-releases/19990308-special-1943-copper-penny
8. https://www.coinstudy.com/1943-penny-value.html
9. https://coinweek.com/us-coins/everything-you-need-to-know-about-the-1943-copper-penny/
10. https://www.youtube.com/watch?v=92zj-bdIvlo
11. https://www.the-sun.com/money/4865542/rare-1943-steel-penny-value/