This global conflict saw the United States military's involvement from 1941 through 1945. As you can guess, this mistake increases the coin value. this coin is most sought after by collectors and is most valuable in any grade. Some 1940 Lincoln proof pennies go for $25 or more. Join us today for FREE! These zinc-coated steel planchets represented an efficient and affordable way to make the 1943 pennies while rationing copper for the war effort. It will also be impossible to distinguish the tiny details on the reverse, particularly the wheat grains that are almost unrecognizable. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Contact: contact@somethingborrowedpdx.com. - Another California Bank Fails Over The Weekend. I just wanted to know, How can you tell if you have a steel penny, or a bronze penny? A record price of $21,275 was fetched at auction for a MS67 D/D. The first of these was reported within a few years. a #8 might get you #1 maybe ? A popular counterfeiting method is to plate a steel cent with copper. These are numismatically worthless since they are altered coins. Hey Glenn. Most wheat pennies in good condition will be worth about $10 on average and are fairly easy to find and purchase. Identity of Date and Mint Mark begins the process. The following list contains the most valuable wheat pennies that were issued into circulation. Desirable is a complete coating of zinc. Most are entirely inexpensive, but you can find the high-graded piece for $3,250 in the coin market. There are also reprocessed steel Pennies, which are essentially 1943 steel Pennies that had become corroded (due to the rust-prone nature of their steel core) and later stripped of their original zinc coating, and recoated with a fresh layer of zinc. Value: This Lincoln penny value varies from 75 cents up to $1,000. A standard method is used to located how much its worth on the chart. The most valuable Wheat Penny ever auctioned is a unique 1943-D Bronze Cent, sold for $840,000. How much would you be willing to sell one for? He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. This price was paid for the only known example of a 1943-D copper penny graded MS64BN by Professional Coin Grading Service. So, what are 1943 silver pennies made from? How Much is the 1943 Steel Penny Worth? Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition Date and mint mark collecting are a main focus to collections. And, sure, that makes sense. (Spoiler alert: a1943 silver wheat penny isNOT made from silver!). Evidence of both rust and oxidation are visible on the example coins. Rest . In fact, the very valuable "twin" to the rare 1943 copper cent was born in 1944. Denver 1943 cents are in demand because of their uniqueness. Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth. If your 1943 penny DOES stick to a magnet, it is made from steel and is worth 10 to 50 cents. Deep grey blue fields are smooth and not pitted. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures to coin collectors. FAQs About the 1944 Steel Penny How Much is a 1943 or 1944 Penny Worth? The VDB pennies minted in the San Francisco Mint are the rarest. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. Expert's Assistant: The Appraiser can help. In a minute, Ill talk more about the 1943 copper penny and why its so rare. No proof Lincoln cents were made in 1943, nor would any proof coins be struck again by the United States Mint until 1950. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. There are only thought to be 20 of these 1943 bronze wheat cents available with no mint mark meaning they were made at the Philadelphia mint. ROGER, DID YOU EVER GET AN ANSWER? There are only around 30 samples known. Thomas G. Flammio: In Extremely Fine condition, it is worth about $0.04 and could sell for $0.89 in uncirculated condition. - Silver Price $331 Outside COMEX Trading Hours? We and our partners use cookies to Store and/or access information on a device. 1922 Silver Dollar Value: How Much Is It Worth Today? Value: The value of this penny ranges from $35 to $1,200. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Interest remains high along with demand. Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. Identify your coins using the image links. Ultimate Guide To 1999 Penny Values (Including The 1999 Penny Error/1999 Wide AM Penny). However, some leftover steel blanks ended up in the pressing machines, and these 1944 steel cents ended up in circulation. Some of them are very hard to identify and even experienced numismatists find it difficult to tell the difference. These steel cents or steel Pennies as they are commonly called, were quite unpopular when they first were released. The 1940 Wheat penny is made from 95% copper and 5% zinc & tin. Importantly in this condition a strong eye appeal is projected by both coins. Good The coin with this rating was in circulation for a long time and has shown severe damage signs. Extra fine This coin wasnt in circulation for a long, and you can notice only light signs of wear on its surface. Identify date, mint and condition; a wide range of values is found and identified. A step by step method combined with the coin value online guide identifies how to value a coin collection. Originality is the key to value. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. No areas of wear form connections to each other. . We have a nice informative article on mintmarks that you might enjoy: https://coinvalues.com/library/mintmarks, This comment was minimized by the moderator on the site, https://coinvalues.com/forum/1944-wheat-penny#reply-6, To My Young Brothers & Sisters at Reddit & Elsewhere. go on line and type in 1943 or 44 penny Value This article will answer the two key questions about the Lincoln wheat pennies: What are the most valuable wheat pennies tocoin collectors(i.e. These coins are frequently counterfeit or altered from common wheat pennies. Wheat pennies refer specifically to Lincoln Cents produced from 1909 to 1958. Takedown request | View. With this list of Lincoln wheat penny values in mind, you can now be on the lookout for wheat pennies to add to your collection or earn a few extra dollars in case you spotted one of these in your spare change. If your 1943 penny does NOT stick to a magnet it may be a copper cent error that is worth $85,000 or more. That initial year had two versions. Good afternoon! | Other Wheat Pennies to look for. No larges nicks distract the eye and rust is not present. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? Each combination is valued and listed on the chart. The consent submitted will only be used for data processing originating from this website. the postal carrier says they put them in my box, but I still am looking for them. What Is a Wheat Penny and How Much Are They Worth? https://nnp.wustl.edu/library/publisherdetail/51 I have a 1943 wheat penny, with a number three on the back side between the wheat? Hi Jackie. See the19 Most Valuable Pennies Ever Sold here. Another disadvantage was the similarity with Dimes. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. Most are worth only 2 or 3 cents. Looking for more? These coins are struck from a zinc coated steel alloy. Each of the above are worn 1943 steel cents displaying wear to the surface. Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. The 1943 wheat penny made from zinc is worth between $0.16 (G4) and $6,000 (MS68) depending on where they were minted. 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! In 1943, due to the United States' involvement in World War II, the United States Mint had to replace the use of copper for steel for the wheat cents. Even if you didnt, your 1943 steel pennies are still neat coins and theyre historic relics from the World War II era. According to USA Coinbook, a circulated 1943 Philadelphia minted steel penny is worth between 10 and 55 cents, whereas an uncirculated coin is worth between $2.74 and $10. The uncirculated 1943 steel penny value usually ranges from about $1.50 to $5. However, Saint-Gaudens fell gravely ill and passed away before finalizing the design for the penny. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. You can see them on Lincolns portrait relief, particularly on high spots like hair curls. 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. Although it is not particularly rare, the 1943 steel penny is fascinating. 1943 Steel Wheat penny DDR value chart. Wear has removed enough design and metal from the two examples to grade lower than extremely fine on a technical basis. More than 1 billion 1943 steel wheat pennies were made: However, by the end of 1943, much of the public complained about the new steel pennies. Most are entirely inexpensive, but you can find the high-graded piece for $3,250 in the coin market. This comment section is dedicated more to general commenting. Eye appeal is an important consideration by collectors when choosing a coin to add to their collection. In fact,1943 copper wheat pennies are usually worth $100,000 or more! These coins are on a rarity scale of Abundant. If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered anuncirculatedcoin. Rare coins such as the 1909-S VDB and 1914-D are the "Holy Grails" of any Lincoln Wheat cent collection. The S-marked penny comes from the San Francisco mint. Richard. Any wheat penny is worth at least 4 cents to most dealers. Below is a list of the top 15 most valuable wheat pennies ever sold at auctions, according to PCGS: 1943-D Bronze Wheat Penny MS64BN - Sold for $840,000 in January of 2021; 1943-S Bronze Wheat Penny MS63BN - Sold for $504,000 in November of 2020; 1944-S Steel Wheat Penny MS66 - Sold for $408,000 in August of 2021; 1943 Bronze Wheat Penny MS62BN - Sold for $372,000 in February of 2021; 1958 Doubled Die Obverse Wheat Penny MS64RD - Sold for $336,000 in March of 2018; 1909 VDB VDB Proof Wheat Penny PR67+ - Sold for $258,500 in August of 2014; 1943 Lincoln Cent (Wheat Reverse) AU58 - Sold for $218,500 in January of 2010; 1944 Steel Wheat Penny MS64 - Sold for $180,000 in June of 2021; 1909-S VDB Wheat Penny MS67RD - Sold for $168,000 in April of 2022; 1914-D Lincoln Cent (Wheat Reverse) MS66+RD - Sold for $158,625 in May 2018; 1926-S Lincoln Cent (Wheat Reverse) MS65 - Sold for $149,500 in January of 2006; 1943/2-S Lincoln Cent (Wheat Reverse) AU58 - Sold for $138,000 in March 2004; 1914 Lincoln Cent (Wheat Reverse) Proof PR68 - Sold for $126,500 in April of 2008; 1917 Doubled Die Obverse Wheat Penny MS67+RD - Sold for $120,000 in March of 2019; 1944-D Steel Wheat Penny MS63 - Sold for $115,000 in August of 2007. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! A distinct merging of Lincoln's hair and forehead is visible. Brenner's initials would be brought back in 1918, but they were much smaller and were placed on the front of the coin near Lincoln's shoulder. Brass brushes would be an excellent option because they are softer. Image: USA CoinBook. Below is how much the coin is at various numismatic levels: ones These are the ones no one has handled with their bare hands. Yes! Also, click here to Learn About Grading Coins. These are worth, A lightly circulated 1943 steel penny is generally worth, The uncirculated 1943 steel penny value usually ranges from about, Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth. Im the Coin Editor here at TheFunTimesGuide. The diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. The 1943 copper penny is extremely rare and valuable. Other factors like the mint year, condition, and rarity greatly influence the value of a collectible coin. A 1943 penny is unique in the numismatic collectible group of wheat cents. You should always check the zinc oxidation levels. *by CoinStudy Specific 1943 Penny 1943 Copper Lincoln penny Advanced collections choose from the many available in "like new" condition. Fine This penny was in circulation for a while but without much damage. This penny is also worth much more than face value. I have one of these coinsif someone could email me and tell me what I have? Additionally, zinc develops an oxide forming a white powder coating to the metal. Before you go down the path of building a complete set of Lincoln Wheat pennies, use the following price guide to give you an approximatevalue and pricefor your Lincoln Wheat pennies. This page lists coin values for Lincoln wheat-back pennies minted from 1909 to 1958. . Nowadays, most of them are worth only a bit more than their face value. Hi Mr: Joshua McMorrow Herdandez
), on the reverse side, and the other did not. Small zip lock bags are a good temporary solution. When it comes to determining the value of a coin like the 1943 Lincoln, this is something that will depend on a few different factors. Extremely Fine Grade: A light amount of wear visible to high areas places this coin in the Extremely Fine grade.
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