How much is a 1943 steel wheat penny 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.

thesprucecrafts.com - 1943 Steel (Silver) Penny: Background and Value

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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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How can you tell if you have a 1982 D small date penny?

The 1982-D small date bronze Lincoln cent is a rare and valuable transitional error! So, how do you find them? There are two key diagnostics: the size of the date and the coin's weight. The 1982-D small date bronze weighs about 3.1 grams, versus only 2.5 grams for the far more common zinc issue.

coinagemag.com - COINage Profile: 1982-D Small Date Bronze Lincoln Cent Transitional Er

In the Lincoln cent series there are many popular errors and varieties. But one of the newest kids on the block is the 1982-D small date bronze Lincoln cent. It was produced during the busy transitional year of 1982, when seven different regular-issue circulating Lincoln cents were struck involving large dates and small dates on both the traditional 95% copper, 5% zinc planchets and the new copper-coated zinc cents. The 1982-D small date bronze Lincoln penny was long theorized but was a coin whose existence was never numismatically confirmed until the first example appeared in 2016. The AU58 specimen sold for a stunning $18,800 at a 2017 Stack's Bowers Galleries auction. A second example was found later and fetched $10,800 in the same condition. A subsequent appearance of the coin took $8,400. The bottom line? The 1982-D small date bronze Lincoln cent is a rare and valuable transitional error! So, how do you find them? There are two key diagnostics: the size of the date and the coin's weight. The 1982-D small date bronze weighs about 3.1 grams, versus only 2.5 grams for the far more common zinc issue. The small date can be distinguished by alignment of the tops of the date numerals along a single and solid (but invisible) plane, whereas the tops of the date numerals terminate at differing "heights." Also, the "2" of the small date is curvier than that of the large date. These coins have been found in rolls and regular circulation, so you have as much a chance as anybody to find the next example!

Photo credit: Heritage Auctions, www.HA.com.

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