Question: What Makes A 1943 Steel Penny Valuable?

Are steel pennies valuable?

The majority of examples of 1943 steel pennies are in circulated condition and have developed a lot of spots and tarnish.

These are worth less than a dollar, but nice Mint State coins are also available.

Uncirculated 1943 cents from each branch mint.

In MS60 they are worth $7; $15 in MS63; and $28 in MS65..

How much is a 1943 steel penny worth in 2019?

Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.

How much is a 1943 steel wheat penny worth?

CoinTrackers.com has estimated the 1943 Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $10.

What year is a penny worth 1 million dollars?

1943A Massachusetts man’s rare 1943 Lincoln penny could be worth over a million dollars. The 1943 penny was minted in steel due to Copper being a valuable material for the war effort.

What year coins are valuable?

Check out these eight coins that are worth a lot more than their intended value.2004 Wisconsin state quarter with extra leaf. … 2. 1995 double die penny. … 1942-1945 silver nickel. … 1943 steel penny. … Ben Franklin half-dollar. … 1932-1964 silver quarter. … ‘In God We Rust’ 2005 Kansas state quarter.More items…•

How do I know if my wheat penny is valuable?

All Wheat Pennies are worth more than their face value of . 01 cent. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition.

What is the rarest penny?

1943-D Lincoln Bronze Cent But the rarest of all is this single known example from the Denver mint. It is the most valuable penny in the world.

Which 1943 penny is worth the most?

The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.

How do I know if my 1943 penny is valuable?

The way to detect if your 1943 penny is made out of copper is by using a magnet. If the penny sticks to the magnet, it is made out of steel — not copper. Keep your eyes open for this rare penny — and you could be up to $200,000 richer if you find it.

How many 1943 copper pennies have been found?

Approximately 40 1943 copper–alloy cents are known to remain in existence.

What year pennies are worth keeping?

Lincoln pennies that were minted between 1959 and 1982 tend to be worth more since they are almost 100 percent copper, rather than an alloy.

What is the error on a 1943 steel penny?

If your 1943 penny is made out copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong kind of planchet metal when striking the coin.

What makes a 1943 steel penny rare?

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. The 1943 copper cents are extremely rare and valuable. Only a couple dozen pieces were made, and each is worth about $100,000.

What steel penny is worth the most?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

What is the most valuable Kennedy half dollar?

Rare SMS 1964 Kennedy Half Dollar Sets $108,000 World Record Price. A 1964 Kennedy Half Dollar sold for a world record $108,000, making it the most expensive coin of its type, during a public auction of rare U.S. Coins held Thursday, April 25, 2019, by Heritage Auctions.