Always worth big money, this error has commanded prices as high as seven figures. Even if the coin you believe to be a 1943 copper cent checks out with your own tests—meaning it is NOT magnetic and weighs about 3.1 grams and appears to have an unaltered design (notice all the “ands,” not “ors” here)—then you should consider having it authenticated by reputable third-party grading service. – A common 1943 steel cent weighs 2.7 grams, while the rare bronze one would click in at approximately 3.1 grams. Some 15 years later, another example sold for $82,500 at a 1996 auction. Approximately 40 1943 copper–alloy cents are known to remain in existence. Shipped with USPS First Class. If it does not stick, the coin might be of copper and should be authenticated by an expert. A total of perhaps 20 to 30 of these 1943 copper cents were minted cumulatively at the Philadelphia, Denver, and San Francisco Mints. Contact the seller- opens in a new window or tab and request a shipping method to your location. CSSocialMedia August 1, 2019 at 2:30 pm. Today, 1943 bronze cents typically fetch between $100,000 and $250,000. However, a small number of bronze planchets left over from the 1942 production remained in the mint presses. Nearly all circulating pennies at that time were struck in zinc–coated steel because copper and nickel were needed for the Allied war effort. Update: In January 2019, a rare 1943 copper penny was sold at Heritage Auctions for $204,000. The most popular color? Don't be the last to know about the latest deals and new product arrivals. ... Over 1/4 pound of copper wheat pennies -- at least one 1943 STEEL penny, and maybe more! This copper penny was suppose to be a 1943 steel penny. SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. Rare 1943 bronze penny sold for $200,000 Heritage Auctions, HA.com Because the 1943 penny is so valuable, many counterfeits have been made by coating pennies with copper. Your browser is out of date. A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. In 1943 all pennies minted by the United States mint were made out of zinc plated steel because the United States needed copper for World War II supplies. The list of mint marks for the 1943 Copper Wheat Penny are D, and S. Philadelphia Mint specimens lack mint mark.. Yes, a copper 1943 penny really is worth an average of $85,000. Time to part with my collection of coins one stand out coin is this 1943 copper penny weighs 3.17 grams don't have authentication certificate but if you got the cash and connections could easily fetch a 6 figure return .... do NOT contact me with unsolicited services or offers. I would imagine a copper 1943 cent would "look different then others". The bottom left image is a 1948 wheat cent that has had the 8 in 1948 altered to look like a 3. 1944 Steel Penny. It will only cost you some time and money, but that's nothing compared to the value of a real 1943 bronze cent! However: A small number of copper planchets were left over from 1942 and were used in 1943 during the transition to steel planchets. 1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. 1943 S Lincoln Cent Wheat Penny is one of the most mistaken coins, the steel versions are not rare nor valuable in even low mint state grades. However, some of these pennies do exist and it's a matter of sheer luck if you find one in pocket change. What’s more, even if you have a 1943 bronze cent passed down in your family from somebody who was a diehard collector, that doesn’t necessarily mean that coin is authentic. This is partly why third-party coin grading services emerged in the 1980s. In 1943 cents were made of STEEL and plated with zinc. Back in 1981, an example of the 1943 bronze cent made national news when it sold for $10,000. Because that’s not how it works with the 1943 bronze cent! If you think you have a 1943 bronze cent—and everything checks out with it so far, what you could do is bring it to a reputable coin dealer for an in-hand inspection. However: A small number of copper planchets were left over from 1942 and were used in 1943 during the transition to steel planchets. Free shipping on many items | Browse your favorite brands | affordable prices. These coins could easily sneak past even many of the more advanced collectors. WHAT IS A 1943 STEEL PENNY WORTH - RARE PENNY WORTH MONEY!! It’s quite literally the million-dollar question! For the best and most secure experience in our catalog, please update your browser. You see, the 1943 bronze cent isn’t the kind of coin you’ll be able to 100% authenticate on your own. Because of this, Wheat Pennies are incredibly rare and highly sought after by coin collectors. In fact, 1943 copper wheat pennies are usually worth $100,000 or more! Nearly all pennies from 1943 are supposed to be steel cents. Many people hear that there is a rare 1943 penny out there and therefore assume all 1943 pennies are valuable. This price was paid for the only known example of a 1943-D copper penny graded MS64BN by Professional Coin Grading Service. One of the most common questions people ask is, “do I have a 1943 copper penny?” One of the points of confusion is behind “which” 1943 penny is rare. Even if you are sure you have the 100% real McCoy in your hands, there are too many fakes out there for anyone to buy a 1943 bronze cent without having complete certainty that it’s authentic. It not in mint state but is in very good condition what does he do since he is no member of the company’s that grade them? And what turns out happening virtually every time is the coin winds up being a fake—a 1943 steel cent plated in copper. No matter the cause, 1943 copper pennies now sell for just under $100,000 each, according to our resources. He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. The 1943 copper penny can be worth a million dollars as an extremely rare and sought after collectible coin. The highest amount paid for a 1943 copper cent was $82,500 in 1996. One of the rarest and most intriguing US coins is the 1943-S Bronze/Copper Lincoln Wheat Cent. 5 … From shop RedStormShop. If your penny has a copper colored appearance, here is how you can authenticate it and tell if it is a genuine 1943 solid copper penny or a fake one. Unfortunately, you do not have a 1943 bronze (copper) cent. Once the coin is certified as authentic and graded, that dealer may then be interested in buying the coin from you. Pennies can be lucky, especially if they're 1943 copper wheat pennies. The 1943 bronze Lincoln cent first came to light in the mid-1940s and quickly took the numismatic world by storm. Good for magic trick 'pretend to change a a steel penny into copper Would make a great addition to your coin collect Great gift for any coin collector! The top left image shows the common 1943 penny made of zinc and steel. The wheat penny design was abandoned in 1958 in favor for a design featuring the Lincoln Memorial.Along with the 1955 double die penny, the 1943 copper penny is one of the most valuable pennies around. Almost every day, your typical coin dealer in Anytown, U.S.A. receives at least one or two calls from an excited individual who has “the” 1943 cent. Or maybe it’s an altered coin, perhaps a 1945, 1948, or 1949 Lincoln cent retooled to appear as a 1943. To find out about coin experts in your area, you may call the American Numismatic Association at (719) 632–2646. You could also consider consigning the authenticated coin with an auction company, which is how many 1943 bronze pennies are sold. A total of 0 Wheat Penny coins were minted in 1943. Only a few copper pennies were minted in 1943, and the coins were most likely mistakenly released. Any differences here suggest the coin may have been altered to appear as a 1943 copper cent. But, while steel cents are quite common—more than 1 billion were made across the Philadelphia, Denver, and San Francisco Mints—it's the copper 1943 cent that’s rare. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. Those cents weighing in increments of a gram will give a false positive here because of rounding. The top right image shows a common steel cent that someone has coated to make it appear bronze. Warning: Many 1943 Copper Pennies are fakes. United States Mint to Release Final America the Beautiful Circulating Quarter on January 4th, United States Mint 2021 Special Occasion Sets Available on January 5, United States Mint Announces New Quarter Dollar Reverse Design, United States Mint to Release Maryland American Innovation $1 Reverse Proof Coin on December 30, United States Mint Announces Designs for the National Law Enforcement Memorial and Museum Commemorative Coin Program, For information about the United States Mint, please visit the. But first, let’s discuss what those silver 1943 wheat pennies are made from. The all-time record price for a 1943 bronze cent is $1.7 million. It is important to note, however, that not all 1944 wheat … Copper pennies dated 1943 are not supposed to exist. In 1944, essentially the same situation happened when the mint was switching from steel back to Copper, and resulted in approximately 40 1944 steel pennies being made. You must use a scale that measures down to at least a tenth-of-a-gram increments. The result? Before the war efforts, the primary composition of the wheat penny was 95% copper and 5% zinc. @jona_wain . It is the copper dated 1943 that is rare and valuable and you can discern the copper plated using a magnet. A copper 1943 cent would be extremely rare. United States Mint – Connecting America through Coins. 1943 Copper Penny By far the rarest Lincoln cents are the 20 to 30 struck mistakenly on copper planchets in 1943, including the unique 1943-D that sold in … Seller assumes all responsibility for this listing. As a result, they were accidentally struck with 1943-dated dies. A subsequent piece sold for $10,000 at an ANA convention in 1981. You still need to make sure the coin is authentic! Approximately 40 1943 copper–alloy cents are known to remain in existence. Ahead of the auction, experts said the penny could have fetched more than a million dollars. Today these are valued at $75,000+. 2) 1943 Copper Penny minted with extreme rarity due to most likely leftover copper planchets (blanks) from 1942. The 1943 copper penny is a one million dollar penny! Counterfeits, altered coins, and other fakes are among our hobbies' most significant problems and have been for a long time. The 1943 copper cent was produced at all three mints. During this time, the United States Mint was striking pennies from zinc-coated steel planchets. They are supposed to be made out of zinc-plated steel. Key Date Morgan Dollars: Collecting Tips & Prices, Bicentennial Quarter Value and Price Chart. Celebrate a little—but don’t spend all your money quite yet. At the time it was made, almost all pennies were minted using zinc-coated steel because copper and nickel were needed for the World War II effort. If it doesn’t, there’s a chance it may be the rare copper penny, but it still must be tested for authenticity. According to the American Numismatic Association, the 1943 copper–alloy cent is one of the most idealized and potentially one of the most sought–after items in American numismatics. My fiance has found a 1943 copper wheat penny no mintmark does not stick to magnet and it does not look altered. This was to help save copper for World War II ammunition shells. One of the most common diagnostics is the font of the “3” in the date—it must exactly match the “3” on a 1943 steel cent. What does your 1943 cent weigh? Join us today for FREE! Others still confuse the 1943 steel penny (pictured below) as the rare coin because of its unusual appearance as a silvery-colored Lincoln cent. A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. RedStormShop. Real US 1943 Penny Copper Plated Photo is stock photo. 1943 copper wheat penny. There are 32 1943 copper wheat penny for sale on Etsy, and they cost $2,718.16 on average. 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