What should I look for in a wheat penny?

This coin is easily identified by the “S” under the date on the obverse and Brenner’s initials “V.D.B.” on the reverse. Beware of counterfeit and altered coins. Unscrupulous individuals will try to add the mint mark “S” to the obverse of a Philadelphia minted 1909 VDB Lincoln penny.

How can you tell the difference between a 1943 penny?

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.

Which is better a Lincoln penny or a wheat penny?

The following Lincoln wheat cents in any condition, are worth considerable more than common wheat pennies. As such, these coins are frequently counterfeit or altered from common wheat pennies.

Who is the collector of Lincoln Wheat pennies?

James Bucki has over 40 years of coin collecting experience, receiving specialized training in coin grading, minting errors, and collecting techniques. Knowing which Lincoln Wheat pennies are key dates, rarities or varieties will help you appreciate that a small difference on a coin can mean significant differences in its value.

What kind of metal is a wheat penny made of?

The Wheat Cents of this year were produced from steel instead of the usual 95% Copper. However, a minting error left behind copper blanks on the machine and resulted in a few 1943 Copper Wheat Pennies being minted. There are 8 known to exist and are valued at $50,000+ each.

How much is a 1943 Lincoln wheat penny worth?

In fact, with the exceptions of major errors and varieties, no Lincoln wheat penny struck after 1933 is worth more than 10 cents in worn condition, and most are worth only 2 or 3 cents. Well-worn 1943 steel pennies often trade for 5 to 10 cents apiece in well-worn condition.

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