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.
Why is the 1943 penny worth so much?
Eventually, they decided to use steel to make the pennies 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.
Which 1943 steel penny is valuable?
A 1943 Lincoln penny that soared in value because it was made from the “wrong” material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency.
What year penny is worth $1000000?
1943
In September 2012, Legend Numismatics of Lincroft, New Jersey has announced that collector Bob R. Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet.
What is the value of 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 much is a penny from 1943 worth?
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.
Is a 1943 Steel Wheat Penny valuable?
What’s the value of a 1943 Lincoln penny?
1943 Lincoln Penny No Mintmark Under Date: Philadelphia Mint Struck the Coin Philadelphia’s high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. These coins are on a rarity scale of Abundant.
What’s the value of a 1943 Wheat cent?
1943 penny value reflects its unique status within the Wheat cent series. A standard method is used to located how much its worth on the chart. Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition
What kind of coin is a Lincoln Wheat cent?
This unusual-looking Lincoln wheat cent is unlike any other United States one-cent coin. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents?
Why was the 1943 copper penny an error?
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. But very, very few of these left the U.S. Mint facilities. These error coins were not intentional.
