What makes a 1943 steel penny rare?

What makes a 1943 steel penny rare?

A regular 1943 steel penny is worth only a few cents. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through.

How much is a 1943 no mint penny worth?

The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. In very fine condition the value is around $0.35. In extremely fine condition the value is around $0.40. In uncirculated condition the price is around $8 for coins with an MS 63 grade.

Why is the 1943 copper penny so valuable?

After the war ended, the Mint began to produce copper pennies again. However, in 1943, the Mint produced a few copper pennies. One possible reason for this is because the copper plates were accidentally left in a few machines. While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more.

What penny is worth $1000000?

The 1943 copper penny is a one million dollar penny!

What year is a penny worth 1 million dollars?

The million dollar penny: Rare 1943 Lincoln cent bought by owner of the Texas Rangers for a cool $1MILLION.

How much is a 1941 steel penny worth?

Rarer Pennies After 1941 In 1943, they made pennies out of zinc and steel. They are worth around 50 cents each. People complained about a rust problem, so they switched to a brass composition for the rest of the war.

How much is a 1941 wheat penny worth?

Summary Table Showing the 1941-penny Value

Date Good Uncirculated
1941 P Penny $0.15 $1.50
1941 D Penny $0.15 $3
1941 S Penny $0.15 $3

What penny is worth $100000?

Among many coin enthusiasts, the 1969-S Lincoln cent is the canvas for one of the most popular and rarest doubled die varieties ever produced. Doubled dies occur from mistakes in the manufacturing process, in which the hub imprints an additional image onto a die — or stamp — causing some misalignment.

Are 1943 steel pennies worth anything?

Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.

Does a 1943 Steel Penny have much value?

A regular 1943 steel penny is worth only a few cents. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through. When exposed to moisture the penny would start to rust.

What’s so special about 1943 copper penny?

The 1943 copper penny can be worth a million dollars as an extremely rare and sought after collectible coin. A penny from 1943 minted that year was made out of steel with a zinc coating. This was because copper was heavily needed for war materials during World War II.

Does a 1943 silver wheat penny have any value?

A 1943 penny is unique in the numismatic collectible group of wheat cents. Historic value is high. Technical and aesthetics grading determines value to collectors. A grade defines its state of condition and is used by collectors to help judge its worth. Handle the coin gently, hold the edges only avoiding touching the surface.

How much is a 1943 penny worth?

Most 1943 steel pennies that you’ll find in circulation are pretty well worn (and many that are worn exhibit rust).

  • A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents.
  • The uncirculated 1943 steel penny value usually ranges from about$1.50 to$5.