Washington Quarter Values and Prices (1932-1964), Lincoln Wheat penny key dates, rarities,andvarieties, 1909-S VDB (small "S" below the date and "V.D.B." The 1909-S VDB. No larges nicks distract the eye and rust is not present. Brenner's initials would be brought back in 1918, but they were much smaller and were placed on the front of the coin near Lincoln's shoulder. This produced a MS62 coin that sold for $38,187.50. In Extremely Fine condition, it is worth about $0.04 and could sell for $0.89 in uncirculated condition. (Price Chart), How Much is a 1930 Wheat Penny Worth? One of the most valuable Lincoln cents ever produced. How can I find more info on this coin? Darker tones of grey within the fields highlight lighter tones of the devices. As you have probably known, this metal oxidizes in contact with moisture, creating stains on the surface. Until recently, mint marks were punched by hand, and thus the position tended to vary slightly. The 1943 steel cent was produced during the height of World War II. Be less concerned with completing your collection and pay more attention to acquiring high-grade quality coins. Value: The value of this coin ranges from 95 cents to as much as $700. 1943 Steel Wheat penny DDR value chart. Problems are absent from the surfaces, however. Small details necessary to accurately value are described. Their value lies in their novelty. The United States Mint started its production in January of the following year. Thank you in advance any help would be greatly appreciated ?? How Much is a 1961 Franklin Half Dollar Value Worth? When it comes to determining the value of a coin like the 1943 Lincoln, this is something that will depend on a few different factors. Another California Bank Fails Over The Weekend. All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the key date Wheat pennies. A light sliver grey is their normal appearance when worn, standing out and easily spotted. Tod Lock says. - Silver Price $331 Outside COMEX Trading Hours? Value: The value of this penny ranges from $1.95 to around $850. It would be txt. I was wondering is my US cent from 1943 and 1944s are worth any money. 1944 Lincoln Wheat cent. Although the US Mint decided to replace copper with steel in the penny production, the machines mixed copper leftovers with steel plates. Besides being the first strike dating back to 1909 for widespread circulation, the US Mint produced a limited edition of 484,000 units. With the four different reverses on theLincoln cent in 2009, and the new Shield reverse starting in 2010, interest in Lincoln cents peaked for a few years. I would suggest submitting it for grading at NGC or PCGS to find out if it's a valuable error. Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. Image: USA CoinBook. Maybe youll find one in your pocket change if you look hard enough and youre lucky. However, Saint-Gaudens fell gravely ill and passed away before finalizing the design for the penny. I have 8 rolls of steel pennies Do you know where the penny is from? Absence of dark surfaces is a coin above average in preservation. - Another California Bank Fails Over The Weekend. The change lasted only a year, and in 1944, the bronze alloy returned to the Lincoln wheat cents again. I found recently a 1984 penny with some raised ridges on the obverse. The 2 I have no mint brown in color and weighs 2.7 grams. What Is a Wheat Penny and How Much Are They Worth? Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. I have a 1943 steel wheat penny that is in beautiful condition very shiny looks like a new dime no marks perfectly ledgable!! Absent is any rust. There are a number of varieties of the 1982 penny because the mint was transitioning from a bronze composition to a zinc composition for the coin. Take care Richard S.A. Texas, I have five very fine uncirculated 1943 Philadelphia mint pennies never been circulated the brand new in a plastic case sealed I would like to sell one is anyone interested in buying them. and new product arrivals. People often mistakenly replaced these two coins for similarity and lost nine cents per piece when paying something. | Melt Value? 1943 pennies are indeed steel. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. How Much is a 1943 Dime Worth? Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures to coin collectors. The 1943 steel penny with no mintmark is usually worth between $3 and $10. 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+ I just wanted to know, How can you tell if you have a steel penny, or a bronze penny? The dies were prepared in the Philadelphia Mint and distributed to the other branches in June of 1909. Hi Jules. The valuable 1944 Steel Wheat Penny, for example, is composed of 95% steel and weighs 2,7 grams. That might bring you $2 -$4 on EBAY maybe, but you need to show what they look like as well. The 1942 Wheat penny has high value as a numismatic coin and gem in pristine condition. "D" Mintmark Under Date: Denver Mint Struck the Coin. In 1943, the US Mint switched from copper to steel to make pennies. Even though they are pretty common these days, most collectors want to include them in their collections. Most wheat pennies in good condition will be worth about $10 on average and are fairly easy to find and purchase. The steel cents were often confused with the dime, causing some folks to lose 9 cents (or more) in a cash transaction. Thank you! These coins are on a rarity scale of Abundant. Nowadays, most of them are worth only a bit more than their face value. There are only 7 known 1944-D steel pennies in existence. How much is a 1943 Lincoln penny worth? In low grades, a 1943 or 1944 penny is only worth its face value. The military industry was run out of copper necessary for making castings. Collector preference are coins without rust. There are only thought to be 20 of these 1943 bronze wheat cents available with no mint mark meaning they were made at the Philadelphia mint. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. Copyright 2007-2023 Daniel A. HarrisAll Rights Reserved, https://nnp.wustl.edu/library/publisherdetail/51, https://www.consumer.ftc.gov/articles/0136-investing-collectible-coins. It just recently sold at Heritage Auctions on January 20th, 2021 for $840,000. During World War II, the war effort required a lot of copper to make shell casings and munitions. The small batch of 1943 bronze wheat pennies that were minted in Philadelphia, San Francisco and Denver are now among the most valuable Lincoln cents on the market for collectors. Hello, I am trying to figure out where do I share the photo, of my 1944 Penny minted in Philly andif it has any value? Click here to Learn How to use Coin Price Charts. Go on line and type in 1943 P, D or S pennies value And in very good condition. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Many collectors do not consider their coin collection complete without the Lincoln Wheat penny key dates, rarities,andvarieties. Other 1943 copper pennies routinely sell for $100,000 to $200,000. In 1943, World War II was in full swing. Second step, is an appraisal of condition. I also have 1943 steel penny with no mint. A 1943 penny is unique in the numismatic collectible group of wheat cents. | Melt Value? Production was large 8th highest in the wheat series, 1,093,838,670 totals; when combining all mints. But very, very few of these left the U.S. Mint facilities. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. Some vending machines rejected the steel wheat cents. These steel cents or steel Pennies as they are commonly called, were quite unpopular when they first were released. US coin value charts covering cents to gold. Their values are based on the latest deals and market updates. NOTE: Incidentally, a few 1944 wheat pennies were made with the 1943 steel planchets. For some reason, the Denver Mint produced around 500,000 pennies without the D mint mark this mintage year. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. More than 1 billion 1943 steel wheat pennies were made: However, by the end of 1943, much of the public complained about the new steel pennies. USA Coin Book Estimated Value of 1943-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.34 in Average Condition and can be Worth $6.81 to $23 or more in Uncirculated (MS+) Mint Condition. Immediately the mint recognized the metal was harsh on coining dies, reducing die life. Remember I said earlier that more than 1 billion 1943 steel wheat pennies were made? As previously mentioned, the debut year had V.D.B. Central Banks Lead the Way In Massive Gold Bullion Buying, Another Major Bank Teeters - Deutsche Bank. Thus, alternative metals were considered for minting coins. Unique in US mint history, three varieties of these 1943 cents were struck. Here's a rundown on 1945 penny values and mintage figures for the different 1945 pennies so you can see how many were made: 1945 penny (no mintmark, made in Philadelphia) 1,040,515,000 minted; worth 2 to 5+ cents; 1945-D penny (struck in Denver) 266,268,000 minted; worth 3 to 5+ cents; 1945-S penny (produced in San Francisco) 181,770,000 minted; worth 5 to 10+ cents The first Lincoln pennies released came to be known as the Lincoln wheat penny, or Lincoln wheat cent, which featured two wheat stalks framing the writing on the reverse side. Takedown request | View. The 1943 copper penny was an accidental manufacturing error. Due to their high value for coin collectors, there are lots of fakes around. If your 1943 penny does NOT stick to a magnet it may be a copper cent error that is worth $85,000 or more. Take a close look at their condition. Have A Silver Penny Thats Not A 1943 Steel Cent? Most steel pennies are worth between 20 cents and 20 dollars. ), 1943 copper penny is extremely rare and valuable. A bold D is embossed on the reverse, and the other D is less visible and positioned closer to the coins left edge. Since the US Mint was making pennies of this metal, it decided to contribute. Click here to Learn How to use Coin Price Charts. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. In 1943, 217,660,000 pennies came out from the Denver mint. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. If you do have one, it would be worth tens of thousands of dollars. The most valuable Wheat Penny ever auctioned is a unique 1943-D Bronze Cent, sold for $840,000. The following list contains the most valuable wheat pennies that were issued into circulation. Circulation wear has removed only small portions of the outer zinc coating. Therefore, collect coins in the highest grade that you can afford. Printable sheet to list and inventory your coins. A lighter shade of silver-grey highlights the design. You can call around and ask for a coin grading place. A litany of tests and patterns followed for the emergency composition, including plastic and glass. ones These are the ones no one has handled with their bare hands. Deterioration is a concern, rusting of the underlying steel is accelerated once the outer protective zinc is worn and removed. Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+). Advanced collections choose from the many available in "like new" condition. But it is advisable to use proper coin cleaners. A standard method is used to located how much its worth on the chart. When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. These are worth around $85,000 or more! Buypriceis what you can expect to pay to a dealer when you purchase the coin, andsellvalueis what you can presume a coin dealer to pay you when you sell the coin. Uncirculated Grade: A very distinctive blue-white luster shines from a mint state - uncirculated 1943 cent. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. The 1943 D/D steel penny is an error coin minted that particular year. 1943 "D" steel penny sells for around 2.68 in their best class. Identify your coins using the image links. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. The second penny is worn to the point design elements are beginning to connect. Very interesting site and looking for the value of a 1943 penny unminted. The value of a coin varies according to many factors: metal content, purity, rarity, etc. Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. 1922 Silver Dollar Value: How Much Is It Worth Today? Since your wheat penny has a silver color, it's almost certainly a 1943 steel cent. * = See the article "Lincoln Wheat Penny Key Dates, Rarities and Varieties" for more information on these coins. I have 1943 double die copper pennies and 1943 copper penine that is in good shape no magnet sticks I have got them I want to sell. Very popular with collectors. An higher quality MS62BN sold in 2021 for $372,000, while the finest known MS63RD was sold privately for over one million dollars to an anonymous collector in 2018. How Much is the 1943 Steel Penny Worth? The United States Mint struck over 600,000,000 of the Lincoln Wheat Penny in 1943, which is a fairly large mintage. It was graded MS68 by PCGS. More about rare coins and coin values from the author: Are Silver & Gold Magnetic? Thomas G. Flammio: These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. The reason for the change from Bronze to Zinc was to do with the US war effort that year. What needs to be remembered, though, is that 1943 steel Pennies are not rare in fact, they are quite common, with more than 1 billion produced across all three mints operating in 1943: Philadelphia, Denver (D), and San Francisco (S). My best guess is that the last two digits of the date have been worn away over time. Noticeable is the major elements remain separated and none are connected due to wear. Lincoln wheat pennies were produced at three different mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S). Each combination is valued and listed on the chart.
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