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 my 1943 steel wheat penny worth?
Most 1943 steel pennies that you’ll find in circulation are pretty well worn (and many that are worn exhibit rust). These are worth 5 cents to 10 cents. 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.
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.
What was the value of a 1943 Penny?
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.
What kind of rust does a 1943 copper penny have?
When exposed to moisture the penny would start to rust. To “revive” some of the original beauty, some unscrupulous coin dealer’s started to re-plate the steel pennies with a fresh coating of zinc. Although these pennies show a brilliant shine, they are considered damage coins and carry little to no value. Rare 1943 Copper Lincoln Cent.
What kind of alloy is a 1943 cent made from?
Uncirculated Grade: A very distinctive blue-white luster shines from a mint state – uncirculated 1943 cent. These coins are struck from a zinc coated steel alloy. Luster and its texture remain intact to reach the uncirculated grade. Zinc, the outer coating, is prone to dulling if disturbed.
When did the Lincoln Steel Penny come out?
The history of the 1943 Lincoln Steel Penny dates back to the intervention of the United States of America in World War II (1941-1945). Many resources were scarce or rationed during the years of World War II.
