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How much is 1943 steel wheat pennies 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.

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Date & Mint Circulated Uncirculated Buy Sell Buy Sell 1943 Zinc $0.10 $0.06 $2.60 $1.90 1943-D Zinc $0.13 $0.09 $3.50 $2.40 1943-S Zinc $0.18 $0.12 $6.10 $4.50

A Flawed Manufacturing Process by the U.S. Mint

To help the war effort by eliminating copper from U.S. pennies, the United States Mint came up with a new metallic composition for the one-cent piece. They decided to use steel for the base metal and plate it with pure zinc. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. Moisture came in contact with the coins as they circulated in commerce. The moisture caused the zinc coating to turn to an ugly blackish color. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. The manufacturing process for producing the planchets was also flawed. Mint workers first rolled a sheet of steel to the proper thickness. Next, the steel sheet was plated with zinc and passed through a blanking press. The blanking press punched coin blanks punched out of it. The manufacturing process resulted in bare steel exposed on the edge of the coin. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. Also, the public rejected this new coin. Some people got it confused with a dime that is almost the same size. As the coin began to circulate, it would turn ugly black, and the edges would rust. This caused problems with people's clothing leaving a rusting.

Valuable 1943 and 1944 Pennies

1943 Lincoln penny minted on a bronze planchet graded MS 63 red by PCGS Professional Coin Grading Service (PCGS) - www.pcgs.com There are a few very valuable error coins produced in 1943. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. As the totes moved from machine to machine, sometimes a blank from the last batch would get stuck in a crevice. Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. The coining press struck the copper planchets with the 1943 date. Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. In 1944 the mint switched back to using copper to produce the pennies. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. These errors are extremely rare, but if you think you might have a 1943 copper penny or a 1944 steel penny, here's how to find out if your 1943 copper penny is genuine. It may be one of the most valuable pennies ever!

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What is the AM error on a 1999 penny?

As for the tails side, that's where you have to look closely. If there is a space between the "A" and the "M" in the word "America" as it appears in "United States Of America," then you've got a penny worth a lot more than one cent!

Years ago, the penny used to be much more valuable, and just one cent could even buy you something like a piece of candy. These days though, it's fallen out of favor. Many people don't want the copper coins in their change jars and plenty of folks wouldn't even bend over to pick one up off the street. There's even talk of getting rid of the one cent coin, which actually costs more to produce than it is worth. However, it turns out some pennies are much more valuable than one cent, and you might have one in your pocket right now. TikToker @the_coin_guy shared a video about one such penny. It's from 1999 and could be worth $4,500 thanks to a little-known error on it. What you want to look for is a 1999 penny with no mint mark, which means no letter under the year on the heads side. As for the tails side, that's where you have to look closely. If there is a space between the "A" and the "M" in the word "America" as it appears in "United States Of America," then you've got a penny worth a lot more than one cent!

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