This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. - How Much is a Silver Dollar Worth? Im also the 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). Looking to see how much your wheat penny is worth? How Much Is A 1986 Quarter Worth? Find The Value Of Your 1986 Quarters As a result, the reverse dies were remade, and all the initials were removed but not before some coins were minted and released to the public. USA Coin Book Estimated Value of 1943-S Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $252,182 in Average Condition and can be Worth $593,651 or more in Uncirculated (MS+) Mint Condition. Join us today for FREE! ones These are the ones no one has handled with their bare hands. This unusual-looking Lincoln Wheat cent is unlike any other United States one-cent coin. Zinc, the protective coating, when worn, exposed underlying steel. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Click here to Learn How to use Coin Price Charts. You can quickly distinguish them by the marks on the coin reverse. The all-time record price for a 1943 bronze cent is $1.7 million. Here are five that are valuable due to these kinds of errors in the manufacturing process. and new product arrivals. Hi Jules. The most valuable Wheat Penny ever auctioned is a unique 1943-D Bronze Cent, sold for $840,000. The most rare example is the 1943 D bronze wheat penny of which there is only one known to exist. A step by step method combined with the coin value online guide identifies how to value a coin collection. Coins are worth at least their face value. I'm new to this and wanted to know if there is no mint letter how would I determine the value of the coin? James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. Thus, it is safe to say that the coin is pretty common in numismatic terms. Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. Take a close look at their condition. Interest remains high along with demand. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. Therefore, collect coins in the highest grade that you can afford. Be less concerned with completing your collection and pay more attention to acquiring high-grade quality coins. Just wondering if u have any info about it. As previously mentioned, the debut year had V.D.B. Maybe youll find one in your pocket change if you look hard enough and youre lucky. Identify your coins using the image links. Even though they are pretty common these days, most collectors want to include them in their collections. High areas to check are Lincoln's beard and hair. Since most of these coins were in circulation, today is difficult to find a specimen in excellent condition. Value: It ranges in value from about $8 to $800. Well, lots of 1943 steel wheat pennies still survive and that means there are plenty to go around to satisfy the needs of coin collectors. 1943 S Lincoln Wheat Cent : Bronze/Copper - USA Coin Book Expert's Assistant: Is there anything else the Appraiser should know before I connect you? Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. You will have no difficulties recognizing them because there is a noticeable gap between these two marks. Therefore, it replaced copper in pennies with zinc-coated steel. As a result, the first produced coins contained both metals and got reddish-yellow color. Here are some of the most valuable wheat pennies updated as of July 2022. The 1909-S VDB. The best bullion deals straight to your inbox. The wordpennyhas been around since medieval times, and the name of the U.S. penny comes from the British coin with the same name. Investing in Collectible Coins. Collectible Grade: Qualities of these unique 1943 pennies involve special considerations in condition less than Extremely Fine grade. A litany of tests and patterns followed for the emergency composition, including plastic and glass. One wide spread market development was the introduction of "Reprocessed" 1943 Steel Pennies. - How much is a Silver Quarter worth? You can also send photos once I've connected you. The error can be seen in the word Trust and on the date. In addition to the links Ive included above, here aresome otherresources to help you learn more about 1943 wheat pennies and other old pennies: Stay up to date with everything about U.S Coins, We dont spam! Ed. There were problems with the coins rusting quickly. It is now part of The Dazzling Red Collection of Lincoln Wheat Cents owned by this unnamed collector. This produced a MS62 coin that sold for $38,187.50. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-leader-1','ezslot_7',108,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-1-0');The 1943 wheat back penny is very unique as it was the only year that Lincoln head cents where supposed to be made of zinc, however some rare zinc coated steel coins exist with a 1944 mint date. Top-level specimens in grades of Mint State-67 or better can go for much more, sometimes hundreds or even thousands of dollars. for a Philly. This year and mintage (Denver) is considered a key date and is the most valuable of the non-error Wheat pennies. How Much Is A 1943 Copper Cent Worth? NOTE: Incidentally, a few 1944 wheat pennies were made with the 1943 steel planchets. USA Coin Book Estimated Value of 1943-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.34 in Average Condition and can be Worth $6.81 to $23 or more in Uncirculated (MS+) Mint Condition. Value: This coin ranges in value from about 35 cents to $3,000 if in mint condition. I have 1943 steel wheat pennies among many others,have no access to internet much,am wondering if theyre worth more than face value? 1944 Lincoln Wheat Penny Value Guide. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'losttreasurehq_com-leader-2','ezslot_11',111,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-2-0');A strange minting anomaly also occurred in 1943 which saw the production of a handful of copper/bronze wheat pennies across all three mints. | How much is a Wheat Penny worth? When a new law dictates a change to the coinage, the Mint must adjust its production process to accommodate the requirements of the new law. It is important to judge your coin against both the images and descriptions. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. 1943 Steel Penny Value: How Much They Are Worth Now - Gainesville Coins (Price Chart), How Much is an 1943 Silver Quarter Worth? Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition. And this is a good thing I love telling people the story behind 1943 pennies and what theyre worth! Due to their rarity, these coins are very valuable and continue to rise in value every year. Yet the coin has a vital connection to an international historical event. Very interesting site and looking for the value of a 1943 penny unminted. A better than average 1943 cent stands out over lesser condition coins. Importantly in this condition a strong eye appeal is projected by both coins. Coin Values Moving with Precious Metals: Up-Dated 5/1/2023: Gold $1986 | Silver $25.13, 1943 penny value reflects its unique status within the Wheat cent series. Although a wheat penny's face value is one cent, as a good rule of thumb, all wheat pennies, including common dates, are worth more than their face value. But it turned out a few 1943 wheat pennies had accidentally been made with leftover copper planchets (prepared coin blanks) from 1942 and they escaped from the United States Mint! how do you tell if it is the right 1943 penny stated in one article if the penny sticks to the magnetic it is fake and another place states that if it does not stick it is a fake which of these statements are actually the right one. Additionally, the high copper content gives the coin a higher value than its face value. That might bring you $2 -$4 on EBAY maybe, but you need to show what they look like as well. Upper surfaces are clearly flattened and smoothed. Philadelphia's high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. Some vending machines rejected the steel wheat cents. My best guess is that the last two digits of the date have been worn away over time. Originally, Brenner's signature appeared on the obverse of the coin. Due to their high value for coin collectors, there are lots of fakes around. In addition to the pennies mentioned above, keep an eye out for wheat pennies with double dies and other errors they'rerare coins worth a considerable sumin the coin collecting business. . Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Since the US Mint was making pennies of this metal, it decided to contribute. Although market prices have eased over the last few years, this renewed interest has kept values and prices pretty stable over time. An higher quality MS62BN sold in 2021 for $372,000, while the finest known MS63RD was sold privately for over one million dollars to an anonymous collector in 2018. Uncirculated This coin wasnt in circulation and kept the entirely noticeable highest relief points and the glow on Lincolns cheek and jaw. Numismatists believe some bronze planchets were used by mistake. ROGER, DID YOU EVER GET AN ANSWER? How much is a Silver Quarter worth? I have a 1943 wheat penny, with a number three on the back side between the wheat? I primarily collect and study U.S. coins produced during the 20th century. The 1942 Wheat penny has high value as a numismatic coin and gem in pristine condition. Intermediate and advanced coin collectors will learn how to grade Lincoln wheat pennies using the Sheldon scale of 1 to 70. 2023 SD Bullion, Inc. All rights reserved. There are only around 30 samples known. Value:In average condition, this penny will be worth around $950 and in mint condition around $2,200. This minting error has resulted in a coin that is worth around $100,000 and is currently the most expensive Penny in the realm of coin collecting. You should always check the zinc oxidation levels. 1943 D Lincoln Wheat Cent : Bronze/Copper - USA Coin Book As an Amazon Associate I earn from qualifying purchases.Privacy Policy | ContactCopyright document.write("2018 - "+new Date().getFullYear());LostTreasureHQ.com. Fine This penny was in circulation for a while but without much damage. Also, click here to Learn About Grading Coins. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. (Right now, the government loses money on every penny it issues. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? Although the US Mint decided to replace copper with steel in the penny production, the machines mixed copper leftovers with steel plates. I found recently a 1984 penny with some raised ridges on the obverse. In 1943 U.S. Mint produced the penny out of zinc plated steel to save copper for the war effort, so most 1943 pennies are silver colored. 1944 Lincoln Wheat Penny Value Guide - Gainesville Coins Good afternoon! Deep grey blue fields are smooth and not pitted. Although it is not particularly rare, the 1943 steel penny is fascinating. 1943 Steel Wheat penny DDR value chart. As you can guess, this mistake increases the coin value. For higher value coins, Grading Lincoln Wheat Pennies expands on the grading process with video, descriptions, and images. His temple, cheek, and jaw are smooth and flat on the highest ridges. The VDB pennies minted in the San Francisco Mint are the rarest. They have a better value than the 1943 steel pennies without mint marks. I have 6 1943 Stell Cents, they are not graded, 2 are D's one is an S, and the rest are no mint marks, should I get these graded to see their actual value, I am hesitant as it may cost more to get them graded than they are worth? Until recently, mint marks were punched by hand, and thus the position tended to vary slightly. Most are worth only 2 or 3 cents. However, the mints accidentally made a few pennies with bronze planchets instead of steel planchets coated with zinc. Each combination is valued and listed on the chart. These coins come from the San Francisco Mint and initially received the designers initials on the obverse of the coin, but after some review, they were repositioned to the reverse. The 1943 Lincoln penny has the same look as other pennies in the series. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. As you can expect, they are precious and expensive. Best wishes, This coin's exact value is determined by its current condition and rarity. Value: Values range from $350 to about $12,000 for this coin. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-leader-3','ezslot_13',110,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-3-0');The zinc alloy gives the coin a silver appearance and they are commonly referred to as 'Steel Cents', although they have been mistaken for aluminum and lead. Noticeability absent are small spots due to humidity. It was graded MS68 by PCGS. One of the most valuable Lincoln cents ever produced. Wheat pennies refer specifically to Lincoln Cents produced from 1909 to 1958. This penny is also worth much more than face value. Is a 1943.s steel Penney that it looks normal but the 4 in 43 is almost un detectable. if that, sorry The Wheat Penny debuted in 1909 and production ceased in 1958, during President Eisenhowers term in office. Their values are based on the latest deals and market updates. One version had the engraver's initials, Victor David Brenners (V.D.B. The United States Mint accidentally used the wrong planchet metal when striking the coin. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Most 1943 steel pennies that youll find in circulation are pretty well worn (and many that are worn exhibit rust). The second penny is worn to the point design elements are beginning to connect. So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite . I have two fine pennies 1943 D steel wheat penny and 1944 Philly wheat penny. A composition of steel, coated with zinc, resulting in their distinctive color, sets these coins apart. Lincoln's portrait shows evidence of wear confined to just high points. Historic value is high. Secondly, once the new metal composition was released into circulation rust and oxidization was now a new consideration to collectors in judging qualities of these coins. Another scam involves the 1948 penny. It is worth significantly more than its face value in any condition. Some of them are very hard to identify and even experienced numismatists find it difficult to tell the difference.

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