After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Their rarity is one reason theyre so expensive, but its also down to the coins composition. The rest were steel. The tails side (reverse) has changed at least four times, but the heads side (obverse) honored Lincoln since 1909. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. Latest Offers, Straight To Your Inbox. She believed the coin was real and was frustrated that she could not find anyone who would take her seriously. Here you can see 2020 prices in different grades: It is not difficult to find the 1943 Denver Lincoln Steel Penny in medium or even high qualities. And I have a true 1943 penny that doesnt stick to a magnet and steeel pennies that are steel and do stick to a magnet and I have different variations of 1943 pennies that are like experimental 1943 pennies that look brown and steel my email is [emailprotected] please email Ill send pictures and well talk on phone free after. Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze.. Since the main material that made up the coin was steel, new dies had to be used and changed from time to time because the hardness of the steel soon wore them out. There was a problem subscribing you to this newsletter. Free shipping. A 1964d penny can be worth from $2 to nearly $5,000. The 1959 D version of the Lincoln Penny is worth on average $65.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.01 . Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. And There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. 3 1878 Silver One Dollar. Mr. Golino, According to the Heritage Auctions catalog description for the MS61 example that sold during the FUN action, This example, despite being pulled from change, was awarded a Mint State grade in its recent certification by NGC. Thus, 1944 steel cents are exceptionally scarce and command very high values. In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. And They didnt announce it for fear of hoarding, so while people did notice their absence, no official record appeared until 1959. Sweaty fingers also caused the coins edges to rust, and some people tried to pass off steel pennies as dimes. In MS67 it is one of the tougher dates from the 1960's especially from the Denver Mint. The moral of this story is two-fold. In EF 40, thats about $30,000, but in MS 60, the price jumps closer to $60,000. However, the government decided to drop steel cents by the end of 1943. 1943 P D S Wheat Lincoln 3 Penny Set beautiful set see pics. Its official mix of metals is 99% low-grade carbon steel with 1% zinc coating to protect the coin against rust. If you happen to spot one in your wallet or down the back of your sofa, keep in mind that the coin is only worth what someone is willing to pay. 1964 D Rare Penny AU Very good condition. Search the full name of the coin, select the "sold" listing and then toggle the search to "highest value". Don't be the last to know about the latest deals and new product arrivals. How do I know if my 1943 steel penny is worth money? 1776 We Are One Continal Currancy large Coin This paved the way for an emergency composition for the one-cent coin as well. "text": "The 1944 steel penny is so valuable because the 1943 and 1944 pennies are the only ones to be made out of steel, therefore, being coins that are pennies!" This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. 4- Silver bullion Round 2015. When she spoke to Mr. Estes, he asked if a magnet attracted the coin, and she said it did. Does anyone think the mint will change the composition of the penny again? Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. Very rare I thought.Maybe you might be interested? Find this page useful? DONALD TRUMP "45TH PRESIDENT" COLORIZED IKE EISENHOWER $1 COIN. "mainEntity": [ Because of their relative rarity, 1944 P Steel pennies fetch a premium. The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. I have a 1943 steel wheat penny that Id like to check the value on. 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. So when steel pennies popped up marked 1944, they attracted interest among collectors, resellers, and speculators. You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book. The steel used on these coins was fairly low grade, infused with carbon, and topped with zinc to add a touch of luxury. He was born on 12th February 1809 and assassinated on 15th April 1865. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. 1955 D/D in Date Other Areas. Thanks for the great back story about the 1944-D Zinc. Here's How to Test Your Silver & Gold, Buffalo Nickel (19131938): Values & History, Mercury Dime (19161945): Values & History, Washington Quarters: Key Dates & Varieties. 1. Join us today for FREE! if anyone can help me, please send me an e mail thanks,the penny does stick to a magnet, k.c. Most probably created by accident, this off-metal error coin relates to WWII. Last year the price for this same quality was no more than $2,000, it was $1,586.This value is normal if we take into account that PCGS only has 1 coin in superior quality, MS67+, and two copies in MS67.In MS66 graduation the variant has reached $780 during 2020. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. what is this mark lewis, I have the same penny that weighs 2.9 g how do I sell that please help me, Hits like 43 penny to a magnet with little rust. BONUS: To assist our loyal readers in obtainingmaximum return on investment(ROI) wheninvesting in rare coins, we will provide the optimal coin grades when recommending an asset (i.e., MS61, MS64). This penny has visible doubling on the front of the coin. We do NOT maintain affiliation and sponsorship relationships with companies. i have a 1944 d white steel wheat penny my father left a big lunch pale full of mexican coins u.s coins queen elizabeth coins that he would save before my father died. However, finding a Lincoln Steel Penny 1943 in grade MS68 or higher is a more difficult task if it comes from Philadelphia rather than either of the other two mints, so its value is higher in high quality. 1943-D type Lincoln Bronze Penny - $1.7 million. Assay Office. On the other hand, the minting of steel coins was officially stopped in December 1943, so technically speaking, all the 1944 steel pennies can be counted as error coins. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the \"about\" page on my channel. "@type": "Answer", In 1944, the Philadelphia Mint only made 30 steel pennies. 5- 1 OZ GOLD SOUTH AFRICAN KRUGERRAND. With limited copies and the majority being worth tens of. 26,000, 37,143 The 1943 copper penny is extremely rare and valuable. } The 1964 D Penny is not really valuable as a large number of them were produced. In 1943, at least one coin was 86.41% tin, 1.75% copper, 8.37% antimony, and 1.02% vanadium. During the war years (1944 to 1945), copper, tin, and nickel were required for weapons and military equipment. On its back are two wheat leaves, appearing on either side of the central legend which became known as the wheat penny. A dealer does not stay in business for almost 50 years unless he or she treats their customers well. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. Numismatic collector with a passion for history, particularly Spanish history. NGCs web site says it has graded one MS62, and one MS63. 805 sold. Top Rated Plus. Ive got a RARE 1944 D wheat penny ill let go for $ 20,000.00 U.S dollars .or make me an offer .condition over exceeds the one you have by very much. . 1943 d steel penny uncirculated | Coins & Paper Money, Coins: US, Small Cents | eBay! An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. This is somewhat different than the typical 95% copper, 5% tin and zinc composition generally used at the time for producing Wheat pennies. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel was briefly used for coins. On Back Right to Bear Arms with Cannon. Copper was traditionally used and was required for several military-related purposes as the U.S. battled Axis powers in multiple theatres. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. The 1964 penny with no mint mark and the 1964 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. PRO-TIP: The 100% best way to check the latest values of the 1944 Steel Penny is to visit the eBay Rare Coins page and search for recently sold 1944 Steel Pennies via the advanced search. The one-year experiment left a lasting legacy when the Mint inadvertently struck minuscule numbers of 1943 cents in bronze and a slightly greater number of 1944 cents in steel. I don't understand what you mean , my comment is awaiting moderation. , { PCGS puts the number at seven and has only certified one example, an MS 62. The 1969 D penny coins are worth around $12 if they're in a mint certified state, according to Cointrackers. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. I've been collecting and/or studing U.S. coins since 1964 Author has 455 answers and 127.5K answer views 1 y They are silver in color. From 1982, that changed to 97.5% zinc coated with 2.5% copper for coloration. And in our opinion, one of the best in terms of an ultra-low-cost investment. I will get to it I found a 1943 steel s in mint condition, I investigated it well I know what I have but how to handle it ,I am 73 years old living a little over being poor. Creative Commons 3.0 no derivative works license, Most valuable rare Australian coins list and Value, Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS, In April 2021 a 1943 Bronze Penny MS62 Brown PCGS CAC achieved. But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! Coin errors can be spotted at the mint, at the bank, or by the public. Refresh your browser window to try again. any advice you could help me with would be nice ,also accouple of 82 small date . They made over a billion in total, and the priciest 1943 D Steel Penny sold for over $1.7M in 2010. A coin in average condition has an estimated value of at least $77,000. PCGS.com is also a solid rare coin sales destination online. In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. Start by weighing the coin. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. It seems to be steel under and looks nice. Email ID@coinvalueinvestor.com, and we will attempt to ID the coin and provide an estimated value. PCGS The Standard for the Rare Coin Industry. Lets look at these silver-colored coins and find out what theyre worth today. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 1944 Steel Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1972 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1943 Copper Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1973 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark), 2009 Penny Log Cabin Value (Rare Errors, D and No Mint Mark), 1971 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1981 Penny Value Guides (Rare Errors, S, D & No Mint Mark), 1988 Penny Value Guides (Rare Errors, D, S & No Mint Mark), 1980 Half Dollar Value (Rare Errors, D, S & P Mint Marks), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks). Their steel counterparts are much more common. To learn more about each error simply click on the read more link. Anyone know what its Worth ??? I have two 1944 penny's one with D mint one with no mint. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? Alternatively, you could use a magnet to check out the steel content contained within. Check out the price chart for the top coins in this series. , its a great choice if youre looking for a solid investment piece that will likely retain value in the long term. I have a 1943 wheat penny with no mint mark on it and I want to know how much is it worth? 2022 Coleccionistasdemonedas.com | Valuable Coin Collecting & Numismatic Magazine. Steve Estes (http://www.steveestes.com) is a Portland, Oregon dealer who has in been in business since 1963, and who specializes in classic American coins, especially Morgan and Peace dollars. ; The 1943 copper cent with approximately 20 to 40 made and some 12 known to exist today, this coin can command a price of around $150,000 to $200,000. When locked, you will be scrolled directly to this table for all coins. In this article you will learn in a simple but profound way what a 1943 Steel Penny is, list of rarities that make them highly valuable for collectors and most important which are the most expensive. The coin is 19.05mm in diameter and 1.5mm thick. However, that zinc-iron combination was susceptible to spotting and staining. Those partners may have their own information theyve collected about you. The 1964-D is common in circulated grades up to MS64. At least a portion of this brass was obtained from salvaged cartridge cases, which did the job nicely. "acceptedAnswer": { What do the Wall Street wolves say? To avoid this, many coins dated 1944 to 1946 were infused with copper from recycled brass shells. { The Lincoln Steel Penny was not well accepted by the American population who had to use it in everyday life. As always, do your research and find a dealer who knows the type of coin you think you have, and look for someone like Mr. Estes who has a reputation for honesty and integrity. Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. "@context": "https://schema.org", More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. Word eventually gets around if a dealer sells overgraded coins, or takes advantage of less knowledgeable sellers. Keep a coin scale handy to conveniently distinguish those 1943 tin pennies from their 1944 steel cousins. The circulated one cent coin is a so-called D penny from 1969, featuring 16th PresidentAbraham Lincoln. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! In Canada, a penny (minted 1858-2012) is a coin worth one cent, or 1 100 of a dollar.According to the Royal Canadian Mint, the official national term for the coin is the "one-cent piece", but in practice the terms penny and cent predominate. When you start looking at perfect mint state versions of this coin with all five steps on the reverse of the Monticello the price rises steeply. Later, from 1959 to 2008, the back of the Lincoln penny was modified with the well-known Frank Gasparros design, in which the two wheat leaves on the back for which Lincolns pennies were known were removed. I found an old 1943 s penny in Las Vegas this weekend. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel could be used instead of cash. This includes the wheat sheaves on the Wheat Penny (1909 to 1958), the Lincoln Memorial on the Memorial Penny (1959 to 2008), the four designs on the bicentennial penny (2009), and the Union Shield Penny we still use today (2010 to date). ), 1943 copper penny is extremely rare and valuable. I have a 1943 steel penny .Is it rare to have the wheat & other marks on the back of coin upside down from the front? The process happened on the planchet sheet the blank sheet that gets cut into discs for minting coins. Alternatively, you could use a magnet to check out the steel content contained within. The woman then met with Mr. Estes, who could immediately tell the coin was real based on his decades of experience as a coin dealer and expert numismatist. In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. Read the article about left over material etc. I have a 1944 steel penny,that I got from my dad 25 years ago.who do I need to talk to about this? "@type": "Question", Sale Price 26,000 If it sticks to the magnet, you could be in luck. Heritage has sold several such coins over the years.