The world coin price guide was independently compiled by krause publications numismaster. For one, there were up to 3 different types of coins produced each year. They are fairly common in nice condition since people tended to save them when they were first issued because they were unusual. While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more. Peace dollar 19211935 eisenhower dollar 19711978 susan b. 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. During world war ii, the war effort required a lot of copper to make shell casings and munitions. Because the 1943 penny is so valuable, many counterfeits have been made by coating pennies with copper. The 1943 lincoln penny is made up of copper and has been described as. Copper was completely eliminated from the denominations composition, in favor of a oneyearonly type featuring a zincplated steel composition. All values are based on what you might expect to pay to buy a coin from a reputable dealer. What is the value of a rare 1943 copper wheat penny.
Usa coin book an easy and simple way to buy, sell, auction off and keep track of coins online. But with the abundant and diverse coins that used to be and are still in circulation, which kind of coin should you start with. What is the value of a 1943 black wheat penny answers. The value of a true 1943 copper canadian penny is worth a lot more than you will probably imagine. In order to tell if it is actual copper, put a magnet to it, if it sticks, it is not. Other rare pennies on this list include the 1792 penny, 1793 penny, 1844 penny, 1856 penny, 1877 penny, 1909 penny, 1924 penny, 1936 penny, 1943 penny, 1955 penny, 1974 penny, an. Many collectors are now very advanced and have the funds to add to their holdings.
Beginning your own coin collection is a great hobby. Stories appeared in newspapers, comic books, and magazines and a. The story behind copper 1943 lincoln pennies is presumed to be a pure accident at the u. Coin dealers and collectors are willing to pay a significant premium for the superior condition or highly graded lincoln pennies. Clipped planchets coin blanks coins that are incomplete due to improperly cut blanks. At the time it was made, almost all pennies were minted using zinccoated steel because copper and nickel were needed for the world war ii effort. Rare pennies you should hold onto including the 1943 penny. Close beginning of a dialog window, including tabbed navigation to register an account or sign in to an existing account.
A number of type coins by design and composition can be collected to complete a type set of lincoln cents. Values also change depending on the condition of the coin. Value and spec information is sourced from various locations, including coin literature, coin dealers, resource websites, and asking price. Follow a step by step process to accurate value on charts. The submission of the two 1943 bronze cents also included two lincoln cents struck on planchets intended to be used for foreign coins that were then being struck by the philadelphia mint. Mint perhaps a few leftover copper planchets from 1942 were.
Dec 26, 2017 a little bit about the 1943 steel penny. Usa coin book us coin values and prices buy and sell. From the earliest half and large cents, to indian head pennies to the popular wheat pennies of 1909 to 1958. In 1943 the penny was made out of zinc plated steel to save copper for the war effort which is why most 1943 pennies are silver colored. This is our basic coin price guide for people who are unfamiliar with coins but want to find out about old coin values. Ngc certifies rare 1942 and 1943 wrongplanchet cents. Critical goods were ration to american citizens using coupon books. The government used steel for penny production during world war ii to conserve copper for the wars shell casings. Understanding this, the value of a 1943 lincoln will vary based on its type. It has the same dimensions and composition as the british predecimal halfpenny, from which it is derived for a time, the coins circulated in parallel and were interchangeable in australia but not in the united kingdom. In some cases, ngc has made adjustments or edits to the prices, descriptions and specifications. The philadelphia, denver, and san francisco mints each produced these 1943 lincoln cents. The steel penny display is nicely done, good quality, and a unique gift for someone born in 1943.
The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. These pennies may be copper or merely a steel penny coated with copper instead of zinc. The answer depends on the composition of the 1943 penny. Halfpenny 1943, coin from australia online coin club. We talk about 1943 pennies worth money and pennies you should look. Old coins available now, english, british and other coins from around the world. The unique composition of the coin lowgrade steel coated with zinc, instead of the previously 95%copperbased bronze composition has led to various nicknames, such as wartime cent, steel war penny. Heres a rundown of the various types of 1943 wheat pennies and their values 1943 steel penny 684,628,670 minted.
Here are sought after and precious genuine coins for sale that were returned based on the rare coin search terms that you entered which were as follows. So now that you know all about the 1943 penny value, did you strike it rich with your. May 27, 2019 even if youre not into coin collecting, heres a list of rare pennies you should hold onto. The 1943 copper wheat penny is an extremely rare coin. I dont know anything about coins and this may be worthless but its extremely beautiful.
Calcutta many australian coins were struck in india and the united states of america during world war ii. If you see too few items then please broaden your keywords. Rarity impacts the value of a 1943 coin, and rarer coins include those that used bronze or copper due to production errors. We take pride in providing the most accurate coin values and stats online. There are only about 40 of these out there that are actually know of. May 03, 2017 the submission of the two 1943 bronze cents also included two lincoln cents struck on planchets intended to be used for foreign coins that were then being struck by the philadelphia mint. Just as the jefferson nickel fivecent coin saw the removal of nickel from its composition in 1942 to preserve the metal for artillery production, so, too, did lincoln wheat penny coins in 1943. Australia penny 1943 i below kings head and dot before and after the word penny mint. Connect with dealers, other coin collectors and put coins up on your wishlist look up coin prices and values and ask for coins on your wishlist to make offers for. Looking for a place to find coin values or current coin prices. As of 2010 this coin was worth 200,000 dollars and i am sure since then this coin has only increased in value and will. This page may contain affiliate links for which we. A mintcondition, untouched penny could be worth a great deal more to the right buyer. There was a 1942 cent struck on an ecuador 20 centavos planchet, which ngc graded ms 63, and a 1943 cent on a netherlands 25 cent planchet that was graded ngc.
A rare copper penny, considered a holy grail in coins, has been found in a. 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. Wondering how much a 1943 silver wheat penny is worth. Uncirculated 1943 pennies are worth significantly more than the. Values, images, and specifications for the 1943 12 penny coin from uk, britain, england, wales, scotland, northern ireland. As these babies are now turning 70, it makes a creative, meaningful birthday gift for this calendar year. Not all pennies are valued based on age, although many of the rare coins do tend to be older.
Rarity impacts the value of a 1943 coin, and rarer coins include those that used. Copper penny pieces from 1943 is worth thousands of dollars. In 1943 the penny was made out of zinc plated steel to save copper for the war effort which is. Mar 03, 2014 1943 half penny for sale or find out what are 1943 half penny worth.
The melt value shown below is how valuable the coins. The australian halfpenny or half penny coin was the smallest circulating denomination of the australian pound. The ever popular lincoln wheat penny was first produced by the u. Jan 27, 2020 think you might have a rare 1943 penny. It was a nice way to mark my husbands special day, wellreceived and appreciated. A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents. Shop 1943 lincoln steel penny ms65 pcgs and more authentic and unique collectibles coins at amazons collectible coins store.
Even though your 1943 penny might look silvery in color, technically, you have a 1943 steel penny. Even keep track of your coin collection in an online database. If you want to get to know me on a personal level, check my true life book and see what challenges i had to overcome as an adult some 42 year ago. Look up coin prices and values to see how much your collection is worth. Twelve of these pennies exist and a few of them are still in circulation, so it is worth keeping. Ngc makes the world coin price guide available to its website visitors as a free service, but in no way does the information provided represent ngcs. Nerdy reputation or not, coin collecting otherwise known as numismatics has been a hobby since. If you want to get to know me on a personal level, check my true life book and see what challenges i. Mint, 40 of these 1943 copper pennies remain in existence. As of 2015, the value of circulated a 1943 steel penny is between 12 and 15 cents, and a coin that is uncirculated is worth as much as 50 cents. They are unbelievably rare and very few passed inspection.
If the penny has a silver color, it is made out of steel with a zinc coating to make it look nicer and protect it from rusting. If you own a lincoln penny, in great condition, from a desirable year, you may benefit from having your penny. If the steel rod that punches out blanks overlaps a previously cut portion of the coinage strip, a clipped blank results. While the original edition pennies from 1909 can have significant collectable value, other editions of the lincoln penny can be highly desired by coin collectors as well. He said that he found it while searching what he perceived to be an original roll vs. The letter i below the kings head and the dots before and after penny on the reverse show that this coin was struck at the calcutta mint. Among the great coins for beginners and seasoned numismatists alike is the penny. Match your coins to images identifying correct series. They are in the process if upgrading their collections and discovering it very difficult finding truly nice coins.
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