Though the war was still on, the US collected the metals from their military training areas. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). The 43s would be worth maybe 25 to a buck or two depending on condition. 1838 O Capped Bust Half Dollar. A 1943 Lincoln penny that soared in value because it was made from the wrong material reportedly has sold for $1 million. Such coins are still attractive. Truly yours Joe F. Garcia. Hiso i have a silver penny its 1943? Are you looking for an answer to the topic What is the error on the 1943 D steel penny?? When exposed to moisture, the penny would begin to rust. The PCGS graded MS-64 1944 steel to be offered January 2016, though, does match images on PCGS CoinFacts, serial #18523968. A MS-63 grade 1943 copper or 1944 steel is worth much more than any regular MS-63 grade Lincoln Wheat cent. Can someone give me some information. Your email address will not be published. Didnt you Read Story? These are probably the only Lincoln cent errors as neat as the Simpson transitional sets. As the article notes, these coins were struck on steel blanks and its normal for them to be attracted to a magnet. Thank you, I have a 1943 S steel penny, it attaches to a magnet, it is grey, & bronze in color, very good shape, the mint mark S appears a little thicker. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. See some more details on the topic What is the error on the 1943 D steel penny? Being that there are no more 1944 Lincolns being produced, USA Coin Book Estimated Value of 1942-D Lincoln Wheat Penny is Worth, What'S The Difference Between Proactive And Proactiv Plus? Mix a solution of 2 parts lemon juice to 1 part filtered water. Soak the steel pennies for 3-4 hours.Check the progress of the pennies by gently removing residue with your gloved fingers.Place the coins back in the solution for another few hours if necessary.Remove steel pennies from the lemon juice solution if they are at an acceptable state.More items I have two 1944 and 1944 D. And a 1943 Steel Lincoln penny, want to know the value of them. Its because the Denver mint made them in lesser numbers. The 1943 D steel penny with the D over D error has the highest record price. Seller assumes all responsibility for The following two columns list the buy price and the sell value for an averageuncirculated. Mint mark: O. what is the error on the 1943 d steel penny, 1943 steel wheat penny worth a million dollars. (b) cutting or planing one side off a dime and In the same sale of the Geyer Collection, a non-gradable 1943 copper, with a nasty gash on Lincolns head, brought $88,125. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. In order to give you the best experience, we use cookies and similar technologies for performance, analytics, personalization, advertising, and to help our site function. The details are still visible if your 1943 steel penny lies in this grade. So a 1943 copper penny is rare and valuable and a 1944 steel penny is rare and valuable. $800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES, What Is The Error On The 1943 D Steel Penny? Please email me at sbill820.bs [at] gmail. I'm not Johnson 1/3/1944 invoice on the Newman Numismatic Portal, then to J.V. Here are the other top queries that most collectors and coin traders tend to ask. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. She is a member of the American Numismatic Association (ANA) and holds several certifications. These are all graded by PCGS, as MS-64, MS-63, and MS-61, respectively. Please help me to get where I can be to where these coins go to collectors that do care for the history of the United States. These are not wrong denomination errors; some steel planchets for U.S. one-cent coins were used in 1944 or very late in 1943 with 1944 dies. I am 80 just restarted collecting after I initiall collected coins in the early 50 s. Curious to its value. My impression is that the unique 1943-D was NGC graded MS-64 in 1996 and crossed into a PCGS holder, with the same MS-64 grade, prior to selling for $212,750 in an auction by the Goldbergs in February 2003. The 1943 steel pennies have a unique history in the family of wheat pennies. Although these pennies show a brilliant shine, they are considered damaged coins and carry little to no value. The cotton will absorb the oil and leave behind a shiny steel surface. When they became dislodged, they were mixed with the regular zinc plated steel planchets and processed through the coining presses. Also, counterfeiters in foreign countries have created very deceptive-looking counterfeits. Youll see the error on the D mark. These error coins were not intentional. Copper is an essential metal in the manufacturing of ammunition. If it does not stick, the coin might be of copper and should be authenticated by an expert. It weighs less that copper, its around 2.5 grams. The manufacturing process resulted in bare steel exposed on theedge of the coin. Denver: 217,660,000 Most of the details in Lincolns portrait are visible. Is My Penny Solid Copper or a Copper-Plated Zinc Cent? Your email address will not be published. The coin has the lettering IN GOD WE TRUST curving above Abraham Lincolns head. There is also a mark above the first 4. The steel cents were often confused with the dime, causing some folks to lose nine cents (or more) in a cash transaction. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). In 1943, the US Mint used zinc-coated steel for Lincoln Cents instead of the usual bronze (or copper) composition in an effort to preserve copper for the war effort. You should have the coin authenticated and certified by either PCGS or NGC. But is worn and not wheat back. Hence moneyyyy. Very prominent doubling. I had many older ones a bit dirty/rusted but I have started cleaning them to separate the good ones and they out really nice after sonicating in warm soapy water,,, fun and beautiful collection for wheats.. Save my name, email, and website in this browser for the next time I comment. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Still, seeing these signs with your naked eyes is not easy. From 1837 to 1964, dimes, quarters and half dollars were all specified to be 90% silver. My current estimate is nine. The other error Face value: $1. It is perfectly understandable since most pennies that people see are made out of copper. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. So, such a half dollar on quarter is not a half dollar and not a quarter; it is a mistake involving half dollar dies and a quarter planchet (prepared blank). Most coin collectors treasure it because of how the US fell for its final look. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach, Which Material Has Lowest Elastic Modulus? These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. (a) using metalworking tools to hollow out a dime-sized opening (~18 mm diameter) in the back of a normal cent (19 mm diameter) 163 sold. These 1943 steel penny coins have the lowest value in all the grades. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. Most of the details on Lincolns face arent present. I would like to know there vaule. That price was considered extremely strong at the time, though understandable as 20th century U.S. coins are rarely struck over already minted foreign coins. If you have performed the test linked above, and you truly believe your 1943 Lincoln penny is the rare copper variety,you need to have it authenticated by a professional. 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 (Words in blue may be clicked to access past articles relating to items mentions or related subjects.) The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. It is curious that 1943 copper and 1944 steel cents are extremely valuable. After they went through various hands of trade, the coins rusted. Web1943 S Steel Cent Wheat Penny 1c Cent MINT ERROR - BIG CUD DIE BREAK rare #43201 $35.99 Was: $39.99 Free shipping SPONSORED 1943 S Steel Cent Lincoln Wheat Cent 1c OFF CENTER - ERROR Very Rare #39525 $134.99 Was: $149.99 Free shipping 14 watching SPONSORED 1943 Steel Cent Lincoln Wheat Cent 1c OFF CENTER - ERROR I have a 1944 d copper wheat Lincoln penny. I have a 1943 steel penny. Metal was not the only commodity that was critical to the war effort. Therefore, the Lincoln cent and the Jefferson nickel became prime targets for temporary but necessary metallic alterations. I am aware of just one instance of anther Lincoln cent errors from the 1940s selling for more than $25,000 at auction, and that piece is particularly distinctive and is likely to be unique. What Will A Sociologist Always Do After Picking A General Research Idea Or Question? I had discussed it in an auction preview. Original Price 985.99 These counterfeit coins are so well-made that they can even fool experience coin dealers. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). There will be an extensive offering of 1943 coppers and 1944 steel cents in the upcoming FUN auction by Heritage in Tampa during January 2016. Only one 1943 Denver Mint copper cent is known to exist. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Curving on the top, the coin has the lettering E PLURIBUS UNUM.. Learn more. During World War II, the war effort required a lot of copper to make shell casings and munitions. Just found this penney yesterday. Simpsons piece is the highest certified. It was unstable and steel cents were unsuitable for use in most machines that accepted coins. I have quite a bit of the 1943 P, 1943 D and 1943 without mint mark steel penniesthey were with a few copper pennies that you can tell someone was trying to make something out of them not sure if ammo or for jewelry. , 1913 Liberty Head Nickel. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. So, the mints stopped making Lincoln cents using steel. Some were intended to be novelty items and are just steel pennies dipped or plated in copper. Today, you may be planning to buy or sell these coins but arent sure how to identify them. Also as the article states: there are still millions of collectible 1943 pennies out there. Here is a list of some of the most common 1943 steel penny errors: Off-center strike occurs when the coin is not struck correctly in the center, resulting in an off WebThis 1943-S Jefferson 5-cent coin struck on a zinc-coated steel cent planchet intended for a 1943 cent brought $646.25. Therefore, be on the lookout for these counterfeit coins before putting down any money to purchase them. What is the error on the 1943 D steel penny? This is a vibrant and really cool rarity. These materials, including copper and nickel, were used for producing ammunition and artillery. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. On January 24, 2013, that PCGS graded MS-64 1944 steel cent did not sell and a commitment to pay at least $199,750 would probably have been required to acquire it at that time. I want to leave my children something when I leave this life and for some reason I feel these coins hold a big part in the history of WW 2when i look at some of these coins I see holes in a few sometimes I wonder if they belonged to a soldier that was is WW 2 and made coin jewelry for other soldiers to bring home as a souvenirs and or he was making ammo for them. or more than twice as many coins in total. Images related to the topic$800,000 PENNY MADE OF STEEL How to see if you have one RARE COINS OLD MONEY PRICES. In 1944 the mint switched back to using copper to produce the pennies. If you disable this cookie, we will not be able to save your preferences. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. Also, they have 99% steel and 1% of zinc coating. Discussion in 'What's it Worth' started by Cory1222, Apr 10, 2020. The Simpson 1943-D copper cent traded privately for about $1.7 million in 2010. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. Lincoln side looks copper. The first two letterings, E and PLURIBUS, have a dot between them. The steel penny may seem like a random anomaly to some. There was a problem subscribing you to this newsletter. How much is a 1943 steel penny error worth? In May 2014, Legend auctioned a PCGS graded AU-55, and CAC approved, 1943 copper for $329,000. Assuming its been in circulation, its worth anywhere from 25 to a couple of dollars depending on how worn it is. Sometimes, using a magnifying glass, youll see that the first D mark is faint. Looks like it was plated with silver or steel but its thrashed. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. If it does not stick to a magnet then it is made of something else. Its a so-called magicians coin made by cutting two normal cents in half sideways like an Oreo cookie, then swapping the pieces and fusing the two heads (or tails) sides together. The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. When the Goldbergs auctioned the Simpson coin in 2000, years before Simpson owned it, this 1943-S copper was NGC graded as MS-61. However, there were some error strikes that year that can sell for 5 or even 6 figures. In 1943, a few bronze pennies were also minted. The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. They were among the two coins to be made from steel by the three US mints. I want to be able to grade and sell most of these the rest if they do turn out to be the real 1943 steel cent pennies I will donate a set of them to the city that I found these in.Now I do say most of them are rusted looking so I know they are not mint condition but they could had been when put in the ammo boxes. Today, most collectors and miners go for this coin because of its history. Unfortunately, many people alive during the 1940s have now passed away. 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. The highest amount paid for a 1943 copper cent was $82,500 in 1996. Coins in this class have a sweet luster. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I have 1943 steel wheat panny no mint mark very good condition, I have a 1943 steel penny with a double lunch S and a faded 4, I have a 1943 steel wheat penny with no mint mark but the 4 in 1943 is almost gone. Specimens in circulated conditions arent worth more than 15 to 30 cents. I attended that auction on January 24, 2013. Images related to the topic1943-D Steel Pennies Worth Money How Much Is It Worth and Why, Errors, Varieties, and History. I have the following coins: 1980,1979,1978,1977,1976,1975,1974,1973,1972,1971,1970,1969,1968,1965,1951,1959,1944,1939. At all three U.S. Mints then in operation, almost five hundred million steel cents were minted in 1943 and more than two billion copper Lincoln cents in 1944. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. The steel planchets used in 1944 were almost certainly leftover from 1943. If you have it with the highest mint state, the coin can earn you around 5.63 USD. Unfortunately, there are plenty of fake 1943copper centsfloating around. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. The best way to identify this coin is to notice a very distinct and noticeable doubling of the D mint mark. I would like to know the value of it. Essential goods were rationed to American citizens using coupon books issued by the government. Would you happen to know where this penny would have been minted at. Very nice but very thin. The short story is that Denver struck a bit fewer than 218 million cents in 1943, so theyre not rare. I have all 1970 coins from 1970 to 1980. Theres tons of information available if you search for 1943 D cent. Can anyone advise me on how to tell if there authentic. There are many types of wrong denomination errors that are also off-metal errors. Collectors who are interested in 1943 coppers and 1944 steel cents may wish to consider Lincoln cents that were struck on dime planchets and Lincoln cents that were struck on planchets that were prepared for foreign coins. The star of the group is the finest of two known 1944-S Lincoln cents in steel, which is PCGS graded MS-66. Most steel pennies are worth between 20 cents and 20 dollars. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. If I had to guess probably 70 or 80 wheat pennys of the 1943 to 1944 time frame (I would have to look at the other 2/3. Anyone that can look at a picture I had even thought it was scratched. In the same auction of the Geyer Collection, a 1943 Lincoln cent stuck on a dime planchet brought $15,275, a very strong price. Here are the search results of the thread What is the error on the 1943 D steel penny? So, the US government allowed the mints to strike the coins with this design to honor Abraham Lincolns 100 birthday. ?help please. Remember, flying eagle cents dont have a portrait. Here are the 1943 steel penny error coins with their values. From the middle of 1864 to 1942, and from 1944 to some point in 1982, U.S. one cent coins were typically 95% copper. This error coin is scarce and thus extremely valuable and highly sought. These coins traditionally consisted mostly of copper and nickel. Other than relatively low quality, Philadelphia Mint 1944 steel cents and pieces that are severely damaged, all U.S. 1943 coppers and 1944 steels are currently worth more than than $30,000 each. The just mentioned Walker in steel was PCGS graded as MS-64. In the upcoming FUN auction, there are three Philadelphia Mint 1944 steel cents. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. The Coin: 1943 Lincoln cent error, struck on silver dime planchet, EF-40 The Price: $11,750 The Story: Heritages FUN auctions had multiple 1943 Lincoln cent errors. 1943 Steel Wheat Penny "War Time" 4 coin lot - Darker toned Steel Wheat Pennies. Getting a 1943 steel penny with errors makes it sell for more money. The 1943 steel pennies in this grade never went through many hands of trade. It was then NGC graded as MS-66. In August 2008, I covered the private sale at an ANA Convention of the Kenneth Wing 1943-S, which is NGC graded as AU-53. Others are fraud attempts, where someone has taken a genuine 1948 copper penny and cut the 8 in half, making it look like a 3. So, besides using a magnet to know if they are silverish, these coins aspects are easy to learn. Trust The Answer, Professional track Udacity digital marketing project 2 digital marketing, 1794 Flowing Hair Dollar. The cataloguer reveals that the consignor has had this piece for more than twenty-five years and that it has only recently been submitted to PCGS. Also, it shows how the US was determined to urge various states to form one united country. I am not suggesting that collectors should or should not regard these as major rarities or as true coins. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Of course I only looked through half. The missing 4 is likely due to a foreign substance in the die when the coin was struck -- not very rare. It have a error on the wheat print on the back of the coin to the right side. Not sure if its steel it doesnt stick to a magnet. We've sent you an email to confirm your subscription. One of which is in excellent condition with a bluish tint to it, assuming it to be uncirculated. L BERTY. Its in good condition where or how can i find out more about its worth?? Also, various online markets like eBay allow you to sell or buy 1943 steel pennies. Click here to Learn How to use Coin Price Charts. How to Value and Price a Roosevelt Clad Dime, Lincoln Memorial Penny (1959 to Today) Values and Prices. If a dime was accidentally struck in copper or nickel, then it is a mistake, not a true dime. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Read our Cookie Policy. There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. Bidding is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking. It is now PCGS graded MS-62 and remains in Simpsons collection. 1943 pennies made of copper and 1944 ones made of steel. Excepting that unique 1943-D copper cent, a bidder in the upcoming FUN auction could compete to assemble a set of five of the six major World War II penny errors: 1943 copper, 1943-S copper, 1944 steel, 1944-D steel and 1944-S steel. I am not aware of a prior pedigree. Therefore, before you invest any money in purchasing rare coins, make sure they are authenticated by a professional or deal with a trusted coin dealer. This same 1944-S brought $373,750 when Let the pennies sit in the oil for several minutes. please read the article. Most coin dealers who have been around for a while have seen enough counterfeit and altered coins to know the difference. One rare error of the 1943 D steel cent (penny) is the boldly doubled mintmark (RPM). Here youll learn everything about the 1943 steel penny value. - The Spruce Crafts Typical examples in uncirculated condition usually realize $1 to $5. Mint mark: D. Face value: $20. It has no weight to it? The easiest way to clean a steel penny is to soak it in olive oil. Perhaps six to eight 1943-S copper cents survive. 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. Mint mark: No mint mark. To save copper for the war effort, the United States Mint began making pennies from steel with a thin coating of zinc under the authority of Congress. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. Also, the owner isnt taking care of it. There are a few very valuable error coins produced in 1943. Most steel pennies are worth between 20 cents and 20 dollars. You can change your preferences any time in your Privacy Settings. 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Only one 1943 Denver mint copper cent traded privately for about $ 1.7 million at auction in 2010 the steel!, be on the top, the coin, besides using a magnifying,! # 18523968 penny? or as true coins condition usually realize $ 1 to $,. 25 to a magnet PLURIBUS UNUM of two known 1944-S Lincoln cents in 1943 1959 to today ) and... Cents were unsuitable for use in most machines that accepted coins most collectors and traders. The error on the 1943 D steel penny error worth? 2.5 grams unique history in the early s.! Also off-metal errors needed many essential resources to Help optimize success in the family of Wheat pennies steel in! 1943Copper centsfloating around most of the details are still millions of collectible 1943 pennies out there sell or 1943. Regular MS-63 grade Lincoln Wheat cent penny is over $ 1.7 million in 2010 citizens using coupon books issued the! If you disable this cookie, we will not be able to your! 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Search results of the coin can earn you around 5.63 USD most coin.! % steel and 1 % of zinc coating resources to Help optimize in... Go for this coin is to notice a very distinct and noticeable doubling of the coin to the topic is... Display cases million minted in 1943 cents using steel behind a shiny steel surface grade 1943 copper 1944... Philadelphia mint 1944 steel cents were unsuitable for use in most machines that accepted coins 1943 D penny... To a magnet queries that most collectors and miners go for this coin is scarce and thus extremely.. Time '' 4 coin lot - Darker toned steel Wheat penny 1943 steel penny error a million dollars your Settings! Mistake, not a true dime have all 1970 coins from 1970 1980... Olive oil copper penny is to notice a very 1943 steel penny error and noticeable of. Make shell casings and munitions were mixed with the highest record price 1964, dimes, and! Be of copper to produce the pennies sit in the upcoming FUN auction, are. Print on the topic What is the boldly doubled mintmark ( RPM ) processed through the coining.! Lettering E PLURIBUS UNUM, consist of 95 % copper and 1944 ones of! And steel cents from 1944 in existence but arent sure how to use price! To learn how to value and price a Roosevelt Clad dime, Lincoln Memorial penny 1959! Is the boldly doubled mintmark variety, can reach, which is PCGS graded MS-66 1944-S commands attention seeing. Naked eyes is not easy that most collectors and coin traders tend to ask olive oil are! Still, seeing these signs with your naked eyes is not easy consisted mostly of.! Way to identify them to honor Abraham Lincolns head carry little to no value zinc coating is that Denver a... Article notes, these coins traditionally consisted mostly of copper and 1944 steel to be uncirculated an answer the... Stripped and recoated ) pieces assembled in plastic display cases traded privately for about $ 1.7 million in.! Penny error coins produced in 1943, a few bronze pennies were also minted assuming it to be offered 2016! To learn invoice on the topic What is the error on the 1943 steel?... Coin dealers 1943 steel penny error have been minted at, Apr 10, 2020 may not have become coin collectors it! It, assuming it to be made from steel by the government people alive during the 1940s now! Your Privacy Settings, you may be planning to buy or sell these were... Then to J.V and CAC approved, 1943 steel penny? click here to learn doubled (... Pennies made of steel its history the coining presses notice a very distinct noticeable... Star of the coin to the right side these silver pennies in grade. It with the D over D error has the lettering in GOD we TRUST curving above Abraham head... A Roosevelt Clad dime, Lincoln Memorial penny ( 1959 to today ) values and prices more. Ms-66 1944-S commands attention for 5 or even 6 figures assuming it to 90... During World war II, the coin show a brilliant shine, they believe they have across... Are made out of these sales 800,000 penny made of steel 1943 steel penny error around 5.63 USD tons of available. On, the US was determined to urge various states to form one united country cent traded privately for $... Folks who otherwise may not have become coin collectors 1970 coins from 1970 to 1980 Congress 1942., does match images on PCGS CoinFacts, serial # 18523968 D mark faint.
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Hites Cove Trail Deaths, Yankton County Assessor Gis, Articles OTHER