While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more. One report suggested that, depending on the condition of it, the 1943 copper penny can be worth anywhere from $60,000 to $85,000.
How much is a 1943 wheat back copper penny worth?
Coin analysts suggest that copper plates from 1942 may have been tested or left mixed amongst the other steel plates, thus creating the error. No matter the cause, 1943 copper pennies now sell for just under $100,000 each, according to our resources.
How do I know 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.
How Much is it Worth? At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1.5 million. But for a coin this rare, actual sales from auctions or private sales (when available) are the best measure of value, especially as these coins rarely come up for sale.
What does a 1943 copper penny look like?
1943 Copper Wheat Penny. What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.): One of the rarest and most intriguing US coins is the 1943-D Bronze/Copper Lincoln Wheat Cent. Nearly all pennies from 1943 are supposed to be steel cents.
Is the copper penny from World War 2 worth anything?
A copper penny produced in 1943 during World War II, when the other pennies were made out of steel, is worth up to $200,000 and maybe even one million dollars.
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.
Why did the US Mint use copper in 1943?
Any non-defense product that used copper, including pennies, needed to find a copper substitute. This change would help the U.S. win the war. At first, the U.S. Mint used glass to produce some pennies. Eventually, they decided to use steel to make the pennies in 1943.
