Zinc exposed to moisture forms a white soft power, zinc oxide. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. (Price Chart). 1943 Lincoln (Wheat) Penny Value | JM Bullion In this instance, the United States Congress passed a law that specified pennies produced in 1943 will be made out of steel instead of bronze. (Price Chart), 10+ Rarest State Quarter Errors Lists (Worth Much Money!!! If you do have one, it would be worth tens of thousands of dollars. This coin's exact value is determined by its current condition and rarity. Lincoln Wheat Cents are legal tender. 1943 Silver Wheat Penny Value - U.S. Coins Guide Extremely Fine Grade: A light amount of wear visible to high areas places this coin in the Extremely Fine grade. Most are entirely inexpensive, but you can find the high-graded piece for $3,250 in the coin market. Young collectors seek coins with the least amount of wear. - Another California Bank Fails Over The Weekend. The United States Mint first minted the Lincoln Wheat penny, or "Wheatie" as they are sometimes called, in 1909. They are worth a considerable amount over theircoppermelt value due to their numismatic interest. The value of your wartime steel cent is determined by its condition and usually depends on whether it has been circulated or uncirculated. It is important to judge your coin against both the images and descriptions. Some vending machines rejected the steel wheat cents. If your coin is worn and looks similar to the one illustrated in the link below, it is considered acirculatedcoin. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! A lower quality EF40 was sold for $23,000 in 2001 which was a real bargain for the buyer. Take a close look at their condition. Have A Silver Penny Thats Not A 1943 Steel Cent? Confusing which is which between the two years could cost you dearly in your coin collection. Lincoln wheat pennies were produced at three different mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S). Production was large 8th highest in the wheat series, 1,093,838,670 totals; when combining all mints. Each combination is valued and listed on the chart. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. Value: The value of this coin ranges from 95 cents to as much as $700. 1943 Steel Penny Values Chart 2023 (Up to $348,000) Nowadays, most of them are worth only a bit more than their face value. There were problems with the coins rusting quickly. The most cost-effective replacement metal for the Lincoln penny was determined to be a 99% steel planchet with a thin layer of zinc plating. Even though they are pretty common these days, most collectors want to include them in their collections.
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