How much is a zinc 1943 penny worth?

Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.

antiques.lovetoknow.com - 1943 Steel Penny Value Guide and History | LoveToKnow - Antiques

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Different in looks than a traditional copper penny, the 1943 steel penny's value and appearance make it notable to collectors and enthusiasts. The wartime history of this old penny is also fascinating to learn. Find out how to identify a steel penny from 1943 and how to figure out its value. History of the 1943 Steel Wheat Penny In 1943, the United States was in the middle of fighting World War II. Many resources were being diverted to the war effort - from food and fuel to metals like copper. Previous and subsequent pennies were made of copper, but the 1943 penny is different. Because ammunition and electrical wires had to be crafted from copper during the war, the US Mint decided to make the 1943 penny out of steel instead. The pennies were produced in all three US Mints: San Francisco, Philadelphia, and Denver. Each penny had a thin coating of zinc over a steel base, giving it a unique silver color. Related Articles Is a 1917 Penny Rare? Facts and Values

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How Many 1943 Steel Pennies Are There? In 1943, the US Mint produced 648,628,000 steel pennies, according to Coin Trackers. Soon after they were produced, people began to notice problems with these steel pennies. If the zinc coating came off, the steel began to rust, especially along the edges of the coins. In later years, the US Mint began to collect and destroy steel pennies, but many of these still exist today, making steel pennies quite common. The key is finding one in uncirculated condition. Uncirculated steel pennies are much rarer. How to Identify a 1943 Steel Penny Identifying a 1943 steel penny is fairly easy. On one side, you'll see Lincoln's head and the date 1943, and on the other, you'll see the wheat design used in older pennies. Beside the unique silver color, steel pennies have another identifying feature. They're magnetic. Copper pennies are not magnetic; if you hold a magnet next to an ordinary copper penny, it won't stick. However, if you hold a magnet next to a steel penny, it sticks just like it does to your refrigerator. How Much Is a 1943 Steel Penny Worth? Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. The Numismatic Guarantee Corporation offers these grading guidelines: Poor - Coin rims are flat or damaged and details are indistinct.

Fair - Some details are visible.

Good - Details are visible but not perfect.

Very good - All details are readable.

Fine - Raised areas are sharp and distinct.

Very fine - Coin is nearly perfect with just a little wear on the higher points of the design. Mint state - Coin is in the same state as it was struck.

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What penny is worth $100?

1972 Double Die Obverse Because they aren't as rare, a used one is only worth about $100, but a clean one could go for $500.

iheart.com - Pennies Worth Thousands Of Dollars Could Be In Your Pocket Right Now

If you find yourself with not much to do as you stay socially distant in your home, you might want to take some time to look through your couch cushions or coin jars. While doing so might just result in you finding pocket change, there is a chance that you could stumble onto something worth a whole lot more. It turns out that not every penny is worth just one cent - some could actually be worth hundreds of thousands of dollars. In fact, in 2019, a 1943 bronze Lincoln cent sold at auction for $204,000, and in 2015, a Birch cent, one of America's first pennies, was bought for $2.6 million dollars. So how do you know if you've got just an everyday penny or a goldmine?

Here are some of the most valuable coins you might actually have laying around:

1943 Bronze Lincoln

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