Prices have gone way up for the 1943 copper penny over the years. Back in 1981, an example of the 1943 bronze cent made national news when it sold for $10,000. Some 15 years later, another example sold for $82,500 at a 1996 auction. Today, 1943 bronze cents typically fetch between $100,000 and $250,000.
How can I tell if my 1943 penny is copper?
The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper. If it does not stick, the coin might be of copper and should be authenticated by an expert.
Why was there a copper penny in 1943?
About 40 copper pennies were struck in 1943. 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’s the value of a 1943 Lincoln cent?
In 2016 a Bronze Lincoln Cent 1943-S AU58 BN was auctioned off at $282,000 (a record for a single copy at auction). That same year an AU55 BN reached a price of $211,500. In 2018 an AU53 BN reached a value of $228,000 and last year, another copy of identical graduation was sold for $216,000.
What was the Penny made out of in World War 2?
Currently, a modern penny is made out of mostly zinc. But for many decades, the penny was actually made out of other materials like copper. However, that changed in World War II. In 1943, the U.S. was in a bit of a copper shortage. It seems that copper was critically needed for the war effort.
Which is the most valuable Penny in the world?
The same way that certain 1970 quarters are worth a lot of money, specific one-cent coins can be worth a pretty penny. Copper pennies from 1943 are some of the most valuable coins on the market. To the untrained eye, they look like any other penny.
