1943 Steel Penny Worth A Million Dollars
1943 Steel Penny Worth A Million DollarsThe coin later brought $840,000 in a 2021 sale, but PCGS suggests the value is still at least $1,000,000. It was sold in a private sale in September of 2010. Also, the 1943 steel pennies are extremely common — more than a billion of them were made! The 1943 copper pennies are the rare ones worth looking for. In April 2021 a 1943 Bronze Penny MS62 Brown PCGS CAC achieved $348,000!. 7 million at auction in 2010. The penny is worth about $50,000. It had been struck on a bronze planchet and was in uncirculated condition. Regular 1943 steel cents, on the other hand, can be had for between 10. 7 million! Some 1944 pennies were accidentally made from steel instead of copper. 00 Such exciting newsalways results in a flurry of hopeful people scouring their change, hoping to find the winning coin. While a 1943 penny in "good" condition could earn you around $60,000, coin connoisseurs might pay upwards of $85,000 for the coin if it's in mint-condition. A penny that a Massachusetts teenager found in his change from lunch money could be worth as much as $1. In 2010, a coin collector sold a Denver-minted bronze penny for $1. 48 USD in extremely fine form, and sell at 1. 7 million dollar 1943 copper penny ended up receiving over 8 million views! This video discusses this coin further, and also the 1. 1944 Steel Wheat Penny History. The value of a 1943 copper penny depends on the type and its condition. 1943 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 5/8/2023: Gold $2022 | Silver $25. If you want to know whether you have a 1943 copper penny or 1943 steel penny or not, you’ll need a magnet. The penny was erroneously made of bronze instead of zinc-coated steel at. Type: Steel Wheat PennyYear: 1943Mint Mark: No mint markFace Value: 0. com reports that Bob Simpson, co-chairman of Major. The 1943 Steel Penny has had a marked upward rally over the past 2 years, especially in higher grades and in its variants and errors. *by JM Bullion 1943 D Penny Value In 1943, 217,660,000 pennies came out from the Denver mint. $840,000 was paid for it at auction in 2021. com) A rare 1943 Lincoln penny mistakenly struck in bronze instead of zinc-coated steel has reportedly sold for $1 million. The uncirculated 1943 steel penny’s worth is generally in the neighborhood of $1. 1943 wheat penny worth a million dollars A 1943-D Bronze, BN Regular Strike (95% Copper, 5% Tin and Zinc) Lincoln cent has a rough value of around one. 67498 grams of steel making up 99% of the coin, the 1943 steel penny only cost roughly one-ten-thousandth of a dollar. 1943 S penny Value The S-marked penny comes from the San Francisco mint. A bronze 1943 penny is worth more than $1 million, while a copper-coated steel penny is worth around $100,000. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. The 1943 Lincoln cents are the first steel cents produced for circulation by the U. 1943-D type Lincoln Bronze Penny – $1. 1951 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 5/8/2023: Gold $2022 | Silver $25. However, the mints accidentally made a few pennies with bronze planchets instead of steel planchets coated with zinc. 1943-D steel penny – 217,660,000 minted; 10 cents to 50 cents 1943-S steel penny – 191,550,000 minted; 15 cents to 60 cents 1943-D boldly doubled mintmark – mintage unknown; $35 to $60 1943 copper pennies (any mintmark) – Perhaps 25 to 40. 1943 S penny Value The S-marked penny comes from the San Francisco mint. Are there fake 1943 pennies? Yes. 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. If your 1943 penny sticks to a magnet it’s a steel cent worth around 15 to 50 cents. The record price for a 1943 Copper Wheat penny is the 2010 sale of the 1943-D for $1,750,000. Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents - 684,628,670. The 1943 pennies made of steel were officially a one-year-only production, as the mint switched back to a bronze alloy (95% copper and 5% tin) in 1944. The 1943 copper penny is not worth $1. Images used to locate mint marks finds its exact place on the chart. Most 1943 steel pennies are valued anywhere between 20 cents and 20 dollars, depending on the condition. 3 million) when it is auctioned off. Steel Cents (1943) $100. The 1943 Steel penny is made from steel with a outer coating of Zinc. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. Expect these coins to sell for at least 0. Better known today as the 1943. The 1943 steels cents are easily distinguishable because of their gray surfaces, which gives them a silver like appearance. Here are some 1959 errors: Off-Center Strike. In their fine class, it will earn you 0. Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet. In recent years, an error cent from 1943 fetched over $1 million at auction. Based upon the current NGC price guide, a 1943 wheat penny in a circulated condition ranges in value from $0. How much is a penny worth? If its a rare 1943 Lincoln penny that was accidentally made from bronze instead of zinc-coated steel well, then it’s worth about $1 million. 1959 Error Pennies The 1959 pennies may have double-die reverse errors or double-die obverse errors. Based upon the current NGC price guide, a 1943 wheat penny in a circulated condition ranges in value from $0. 65 1951 Penny Value Matching your coin to grading images finds 1951 penny value. Of first importance is Date and Mint Mark variety. The 1941-S Lincoln cent is listed below among the coin values as a single entry. Everyone agrees the 1943-D coin is unique (a PCGS MS64 Brown that sold for $1. Why Is the 1943 Penny Worth $1 000 000? The 1943 penny is worth $1 000 000 because it is not made of steel. Related: 1943 Steel Penny Value in 2022. In 1943, over a billion silver cents were minted and circulated. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. A mint state-certified steel wheat penny could fetch perhaps $10 or more at auction. 65 1943 Penny Value 1943 penny value reflects its unique status within the Wheat cent series. 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. The 1944 steel penny is infrequently on the market, but a third-party grading service authenticated and graded MS66 1944 steel cent sold in August 2021 for $408,000. 65 million (£1. Doubled eyelid 1953 Lincoln penny – This flaw appears on pennies from the San Francisco mint. The steel penny will stick to a magnet, while the copper will not. 65 1943 Penny Value 1943 penny value reflects its unique status within the Wheat cent series. 7 million in the 70's Why is a 1957 wheat penny. 7 million, but its value may vary depending on its condition, authenticity, and historical significance. A bronze 1943 penny is worth more than $1 million, while a copper-coated steel penny is worth around. That lone example of the unique 1943-D copper penny was graded MS64BN by PCGS and traded in a private sale for a record price of $1,750,000 in September 2010. Learn more about the history and value of this coin, as well as tips on evaluating its condition and spotting counterfeits. The 1943 copper penny is extremely rare and valuable. The record price for a 1943 Copper Wheat penny is the 2010 sale of the 1943-D for $1,750,000. Mint marks identify the branch mint striking the coin. In 1943, the US Mint switched from copper to steel to make pennies. While 1943 copper cents weigh about 3. If it does, your penny is worth about 15 cents as a novelty item. Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet. These 1944 steel cents are about as rare as the 1943 bronze cents. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Jan 26, 2023. Step one is to confirm exact Date and Mint Mark variety. In April 2021 a 1943 Bronze Penny MS62 Brown PCGS CAC achieved $348,000!. It’s because the Philadelphia mint made the highest number. However, it might be worth $1. The following table lists the buy price (what you can expect to pay to a dealer to purchase the coin) and sell value (what you can expect a dealer to pay you if you sell the coin). 7 million dollars was paid for this coin in 2010. Expect the value to rise to 0. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. In 1943, the cost of a gross ton of steel was $34. 1943 also remains as the only year in which the Mint struck steel coins. The 1943 Lincoln penny is. 1943 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 5/8/2023: Gold $2022 | Silver $25. As the 1943 steel pennies circulated, the zinc coating started to turn dark gray and almost black. 1943 “D” steel penny sells for around 2. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. 1943 Bronze Wheat Penny Worth a Million Dollars. In 2010, a coin collector sold a Denver-minted bronze penny for $1. 1943-D boldly doubled mintmark – mintage unknown; $35 to $60. But for a coin this rare, actual sales from auctions or private sales (when. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. 1943-S Lincoln Cent Sells for $1 Million. The penny sold for a record number is the finest known 1943-S Lincoln Wheat cent on a bronze planchet. 7 million! “The 1943-D bronze cent is the most valuable cent in the world, and it took four years of aggressive negotiations. The penny went for an unbelievable price of $1,700,000 through Legend. 50 USD in the uncirculated grade. 11 grams and don’t stick to a magnet, the more common steel cents (which weigh 2. The 1943 steel penny is one of the most sought-after coins in American numismatics and can fetch hundreds or thousands of dollars, depending on its condition. 1943 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 5/8/2023: Gold $2022 | Silver $25. And a 1943-S copper penny sold in 2012 for over $1 million! In fact, the unique 1943-D copper penny is also worth over $1 million! 1943 Steel Penny Values. However, the value may also vary depending on the year of sale, the method of sale, and the condition of the coin. The 1942-P Jefferson war nickel became the first U. The 1943 “D” Steel Penny. A 1943 steel wheat penny is worth a million dollars. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. The penny went for an unbelievable price of $1,700,000 through Legend Numismatics. That lone example of the unique 1943-D copper penny was graded MS64BN by PCGS and traded in a private sale for a record price of $1,750,000 in September 2010. One really easy way to tell if you have a steel penny or copper penny is to see if your coin sticks to a magnet. The bronze 1943 penny is one of the rarest coins in existence, and it sold for $204,000 in an auction in 2019. If you would like to know how to tell if your 1943 Cent is valuable, gather your change jar, and let’s begin. 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. These 1944 steel cents are about as rare as the 1943 bronze cents. The 1943 “D” Steel. The penny went for an unbelievable price of $1,700,000 through Legend. The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny. Only a small number of these rare coins are known to exist, making them highly sought after among collectors and investors. They have a better value than the 1943 steel pennies without mint marks. 1943 wheat penny worth a million dollars A 1943-D Bronze, BN Regular Strike (95% Copper, 5% Tin and Zinc) Lincoln cent has a rough value of around one million dollars. Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet. 11 grams and don’t stick to a magnet, the more common steel cents (which weigh 2. A mint state-certified steel. 1943 copper pennies (any mintmark) – Perhaps 25 to 40 known; $125,000 to $1 million+. Altered 1948 Lincoln Cent If your 1943 copper colored penny doesn't stick to a magnet, then use a magnifying glass to look at the date. Like most coins, the United States penny has seen multiple designs and compositions over the years, and some pennies, especially when carefully stored, are worth far more than the face value of one. All 1943 Lincoln cents were supposed to be made of steel planchets coated with zinc. PCGS estimates the price for coins in high circulated grades at $275,000-350,000 but $1 million for an MS62. In 2010, a coin collector sold a Denver-minted bronze penny for $1. 11million in an MS63 grade, according to USA Coin Book. The grading scale only goes up to 70, meaning a 66 is very high. The coin was discovered by a teenager in 1947 and kept in his collection for decades before being sold. coin to ever bear a “P” mintmark for Philadelphia. 7 million! Some 1944 pennies were accidentally made from steel instead of copper. 65 1940 Penny Value 1940 penny value is listed on the chart in distinct categories. How much is a 1943 silver penny with no mint mark worth?. ) in circulated condition unless otherwise specified. At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1. It struck steel cents at Philadelphia, Denver and San Francisco. 00), but the 1943 copper and copper Lincoln pennies are worth considerably more. Regular 1943 steel cents, on the other hand, can be had for between 10 cents and $1 each in circulated grades, and for about $3 to $5 in uncirculated grades. 1943 Steel Wheat Penny- Worth A Million Dollars or 45 Cents? - YouTube 0:00 / 8:50 1943 Steel Wheat Penny- Worth A Million Dollars or 45 Cents? 7,744 views Nov 12, 2018. Depending on the coin's condition, a 1943 steel penny may be worth between $0. 7 million The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny. But very, very few of these left the U. Their value is variable, and you can find specimens that cost $3 to $10 according to their appearance and quality. The United States Mint accidentally used the wrong planchet metal when striking the coin. In September 2012, Legend Numismatics of Lincroft, New Jersey has announced that. A standard method is used to located how much its worth on the chart. A rare 1943 Lincoln penny mistakenly struck in bronze instead of zinc-coated steel has reportedly sold for $1 million. If it was in circulation long enough, the zinc coating completely wore off, and the steel underneath would start to show through. The 1943 copper penny is extremely rare and valuable. Expect the value to rise to 0. 1944 Steel Wheat Penny History. Placing an accurate value on your 1943 penny follows a step by step process. The coin can sell for around 0. com/blog/1943-steel-penny-value#SnippetTab" h="ID=SERP,5727. Begin by inspected for three main features:. 7 million dollars through Heritage Auctions in 2010, but this high value was for a rare coin struck at the Denver Mint. Conclusion The 1943 copper penny is a highly sought-after coin worth thousands of dollars in the right condition. As for the 1943-S, the record is $282,000 in 2016 for an AU58BN. There were no proof coins struck for this year. Here's a quick chart to help you find the value of your 1943 steel penny. When it comes to the 1944-S steel cent, it is worth $399,637 in average condition and could be worth more than $1. Here’s a rundown on the value and mintage of the various 1941 pennies: 1941 Lincoln penny — 887,018,000 minted; 5 to 10+ cents 1941 Proof Lincoln penny — 21,100 minted; $40+ 1941-D Lincoln penny — 128,700,000 minted; 5 to 10+ cents. 1943-S steel penny - 191,550,000 minted; 15 cents to 60 cents 1943-D boldly doubled mintmark - mintage unknown; $35 to $60 1943 copper pennies (any mintmark) - Perhaps 25 to 40 known; $125,000 to $1 million+ * Values are for problem-free coins (no cleanings, holes, porosity, etc. These 1943 steel penny coins have the lowest value in all the grades. The following table lists the buy price (what you can expect. These prices make the 1944 steel penny quite attention-gathering as far as its market value is concerned!. If you have one in an MS 68 rating, you can sell it for $3,500. #1 - 1943 Steel Wheat penny DDR (Double Die Reverse) - $2,150. According to the Professional Coin Grading Service, only a few pennies were erroneously made of bronze instead of steel in 1943 at the San Francisco Mint. The Rare 1943 Penny If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. These 1943 steel penny coins have the lowest value in all the grades. Yep, the 1943 million dollar penny sure is a beauty! #3 – 1958 Doubled Die Penny. 1943-D steel penny – 217,660,000 minted; 10 cents to 50 cents 1943-S steel penny – 191,550,000 minted; 15 cents to 60 cents 1943-D boldly doubled mintmark – mintage unknown; $35 to $60 1943 copper pennies (any mintmark) – Perhaps 25 to 40 known; $125,000 to $1 million+. The errors may have resulted from weak strikes, double strikes, or improper planchets alignment. In 1943, a few bronze pennies were also minted. coins, finding a 1943 steel penny that is about uncirculated is fairly common. Depending on the coin’s condition, a 1943 steel penny may be worth between $0. The 1943 Steel Penny has had a marked upward rally over the past 2 years, especially in higher grades and in its variants and errors. 7 million! “The 1943-D bronze cent is the most valuable cent in the world, and it took four years of aggressive negotiations. Production of 1943 steel pennies began in February of that year, and by the end of the year over a billion of these coins had been made, including 684,628,670 at the. A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. What is a 1943 d copper wheat penny worth? up to 3 million dollars but theres only 1 that has ever been found and it sold for around 2. The most expensive penny that has ever been sold at auction is a 1943-D Lincoln penny. San Francisco wheat cents are appealing to collectors in lightly worn condition. Most steel pennies are worth between 20 cents and 20 dollars. In September 2012, Legend Numismatics of Lincroft, New Jersey has announced that collector Bob R. On the other end, think of damaged. The 1943 Steel Penny Was made from A Shortage of Copper In 1943. The 1943 penny was minted in steel due to Copper being a valuable material for the war effort. 1943 Steel Penny Value (Worth A Million Dollars?) 1944 Half Dollar Value Chart (Ms 68 Is Estimated To Cost Up To $42,000) 1944 Quarter Value Chart (Worth As Much As $16,800) 1944 Dime Value. The following table lists the buy price (what you can expect to pay to a dealer to purchase the coin) and sell value (what you can expect a dealer to pay you if you sell the coin). A 1943-D bronze penny, the only known specimen from the Denver Mint, sold in 2010 for $1. David Lange of NGC calls these three pennies “error royalty” as they are the rarest and most. Check to see if it falls into one of the categories on this list. 1943 penny value reflects its unique status within the Wheat cent series. The silver color you see on 1943 pennies is a zinc coating over a steel core. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. 1940 Penny Value | Discover its Worth Coin Values Moving with Precious Metals: Up-Dated 5/8/2023: Gold $2022 | Silver $25. 7 million or more. Most 1943 steel pennies are valued. 1943-S steel penny – 191,550,000 minted; 15 cents to 60 cents. 67498 grams of steel making up 99% of the coin, the 1943 steel penny only cost roughly one-ten-thousandth of a dollar. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. A 1943-D bronze penny, the only known specimen from the Denver Mint, sold in 2010 for $1. Silver Coins: When They Ended and What They’re Worth; Morgan Silver Dollars; Close; U. Second step, is an appraisal of condition. A Massachusetts man’s rare 1943 Lincoln penny could be worth over a million dollars. 1943 Bronze Wheat Penny Worth a Million Dollars. The 1943 steel penny is more common than the elusive 1944 Steel Wheat penny. These coins, however, typically sell at auction in the range of $100,000 to $250,000. Regardless of condition, 1943 bronze pennies tend to sell for around $125,000 and up. There are also “reprocessed” steel Pennies, which. 01 USDTotal Produced: 684,628,000Silver Content: 0%Type: Steel Wheat PennyYear: 1943Min. * Values are for problem-free coins (no cleanings, holes, porosity, etc. There are only a couple dozen known 1943 copper pennies, and they’re worth more than $100,000 apiece. A standard method is used to located how much its worth on the chart. This minting error has resulted in a coin that is worth around $100,000 and is currently the most expensive Penny in the realm of coin collecting. 1943 Steel Penny Value The majority of examples of 1943 steel pennies are in circulated condition and have developed a lot of spots and tarnish. That lone example of the unique 1943-D copper penny was graded MS64BN by PCGS and traded in a private sale for a record price of $1,750,000 in September 2010. The 1943 penny is worth $1 000 000 because it is not made of steel. The Rare 1943 Penny If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. 1943 Bronze Lincoln Cent, AU53 Legendary Off-Metal Planchet Error The Discovery Coin Sold for: $204,000. A mint state-certified steel wheat penny could fetch perhaps $10 or more at auction. 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. Most 1943 steel pennies are valued anywhere between 20 cents and 20 dollars, depending on the condition. Aug 1, 2022. This auction price makes these pennies worth the most money. 1 billion of them were struck, including 685 million 1943 steel cents, 218 million 1943-D steel pennies and 192. The average price or worth of 1943 steel. The record price for a 1943 copper Lincoln penny is over $1. 1943-D type Lincoln Bronze Penny – $1. Placing an accurate value on your 1943 penny follows a step by step process. The 1943 copper penny is indeed worth $1. A well-circulated coin could be worth only a few cents, while a pristine steel penny could fetch up to $85,000. Based upon the current NGC price guide, a 1943 wheat penny in a circulated condition ranges in value from $0. According to the PCGS coin price guide, a 1943 steel penny in uncirculated condition (graded MS60 or. A 1943 copper penny is worth around $85,000 while the 1943-S bronze penny is worth $1,000,000 In September 2012, Legend Numismatics of Lincroft, New Jersey has announced that collector Bob R. While 1943 copper cents weigh about 3. This auction price makes these pennies worth the most money. Uncirculated coins are worth a bit more (at most $5. 7 million as it has not yet reached the $1 million mark. Unfortunately, a regular 1943 steel penny is worth only a few cents. *by JM Bullion 1943 D Penny Value In 1943, 217,660,000 pennies came out from the Denver mint. In 2010, one of these rare coins sold for a world record price of $1,700,000at a public auction. Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (see reference below). coins, finding a 1943 steel penny that is about uncirculated is fairly common because people tend to hold on to them when they come across one. According to the PCGS coin price guide, a 1943 steel penny in uncirculated condition (graded MS60 or above) is currently worth from $7 (MS60) to $3,500 (MS68). These zinc-coated steel cents are numismatic icons that any collector can afford. The value of a lightly circulated 1943 steel penny ranges from 20 cents to 50 cents. Condition and rarity are key in determining a coin's value. A rare 1943 Lincoln penny mistakenly struck in bronze instead of zinc-coated steel has reportedly sold for $1 million. How do I know if my 1943 steel penny is worth money? Which 1943 steel penny is valuable? It is relatively easy to know if your coin has a high value. [original research] Novelty coins. Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (see reference below). 50 USD; in their excellent state, the coin sells for 0. These are worth less than a dollar, but nice Mint. 7 million! "The 1943-D bronze cent is the most valuable cent in the world, and it took four years of aggressive negotiations. 1944 Steel Lincoln Cent: $75,000 to $125,000+. The value of a 1943 copper penny depends on the type and its condition. Uncirculated coins are worth a bit more (at. What makes a 1943 steel penny valuable? Condition and rarity are key in determining a coin's value.