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 D steel penny?
CoinTrackers.com has estimated the 1943 D Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $12.
How many 1943 pennies are there?
Today, a total of 27 1943 copper wheat pennies are confirmed to exist and have been graded–including six of the 1943-S, as well as the unique 1943-D. Seven of the 27 have been graded by PCGS and 13 have been graded by NGC.
Is the 1943 copper penny made of steel?
Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet.
Where did Kenneth wing find the 1943 Penny?
He showed the 1943 copper penny to the Director of the San Francisco Mint in 1948, who gave him the private opinion that it was genuine. A 1957 attempt by Wing’s father to have the coin examined by the U.S. Treasury Department in Washington, D.C., resulted in a referral to the Smithsonian Institution.
Why are the planchets of the 1943 Penny rusting?
As the zinc coating wore off the steel core the exposed steel underneath began to rust. The manufacturing process for producing the planchets was also flawed. Mint workers first rolled a sheet of steel to the proper thickness. Next, the steel sheet was plated with zinc and passed through a blanking press.
What was the silver penny made of in World War 2?
The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. During World War II, the war effort required a lot of copper to make shell casings and munitions.
