A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. With the scarcity of these coins growing by the day, there has never been a better time to get your hands on the 1943 Lincoln penny. Lincoln Memorial Penny (1959 to Today) Values and Prices A penny that a Massachusetts teenager found in his change from lunch money could be worth as much as $1.65 million (£1.3 million) when it is auctioned off. My love for coins began when I was 11 years old. (2) 1943 Steel "War Time" Wheat Penny and (1) bonus Copper Wheat penny. Most 1943 steel pennies that you’ll find in circulation are pretty well worn (and many that are worn exhibit rust). These are worth 5 cents to 10 cents. A copper penny dated to 1943 is likely to be worth approximately $85,000 if it’s in good condition. She is a member of the American Numismatic Association. CoinTrackers.com has estimated the 1943 Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $10. Only a couple dozen pieces were made, and each is worth about $100,000. … The 1943 copper cents are extremely rare and valuable. Got a bronze 1943 penny? Although they are uncommon, they are hardly rare.
The reason is that the 1943 copper penny is an error coin. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. 1943-P-D-S Lincoln Steel Penny's WORLD WAR II. Also, click here to Learn About Grading Coins. 1943 Lincoln Penny Value Condition of Coin; Date Good Fine Extremely Fine Uncirculated 1943 Lincoln Penny Value Up-Dated 2020 1943 Zinc $0.03 $0.03 $0.06 $1.11 1943 D Zinc $0.04 $0.04 $0.08 $2.76 1943 S Zinc $0.05 $0.05 $0.15 $4.30 I’m also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). 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. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Due to a shortage of copper as a result of World War II, the US Mint was forced to craft these coins primarily out of steel. Make Offer. CoinTrackers.com has estimated the 1943 Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $10. After just 1 year, the Mint reverted back to copper — using the metal from Here’s a really easy test to see if you’ve got the common 1943 steel penny or a rare copper 1943 penny.Here’s a great video that can help you better understand how to tell a common 1943 steel penny from the 1943 copper cent — and What’s the difference in values between a 1943 steel penny and a 1943 copper penny?All 1943 pennies are worth more than their face value, but how much more is the question a lot of folks want to know the answer to.I’m the Coin Editor here at TheFunTimesGuide. In … The highest amount paid for a 1943 copper cent was $82,500 in 1996.
No matter the cause, 1943 copper pennies now sell for just under $100,000 each, according to our resources. As the totes moved from machine to machine, sometimes a blank from the last batch would get stuck in a crevice. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $419,070 in Average Condition and can be Worth $843,255 to $2,142,342 or more in Uncirculated (MS+) Mint Condition. The United States Mint accidentally used the wrong kind of planchet metal when striking the coin.