The 1943 steel pennies have value as numismatic coins. Keep reading to learn more about these one cent coins. Show  In 1943 the US was fighting in WWII and a copper shortage led them to issue steel pennies. These pennies are made of steel and coated in zinc. They have the same design as the other wheat pennies. SpecificationsType: Wheat Penny The US minted the 1943 steel penny with no mint mark and also the 1943 D steel penny and 1943 S steel penny. The mint mark, when present, can be found on the obverse side of the coin below the date. SeriesLocationQuantity Minted1943Philadelphia684,628,6701943 DDenver217,660,0001943 SSan Francisco191,550,000Despite their unique appearance, the majority of these coins aren't valuable. This is because many of them were minted. The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. In very fine condition the value is around $0.35. In extremely fine condition the value is around $0.40. In uncirculated condition the price is around $2.50 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $8. The 1943 D steel penny is worth around $0.35 in fine condition. In very fine condition the value is around $0.40. In extremely fine condition the value is around $0.50. In uncirculated condition the price is around $3 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $10. The 1943 S steel penny is worth around $0.40 in fine condition. In very fine condition the value is around $0.65. In extremely fine condition the value is around $0.75. In uncirculated condition the price is around $6 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $20. Boldly Doubled Mint Mark VarietyThere is a notable error variety for the 1943 D steel penny series. One these error coins the mint mark is minted twice onto the coin. This mint mark has a bold appearance. The 1943 D steel penny with the boldly doubled mint mark is worth around $40 in fine condition. In very fine condition the value is around $50. In extremely fine condition the value is around $60. In uncirculated condition the price is around $100 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,000. Copper or Silver Error CoinsA few pennies minted on copper or silver planchets are known to exist. These error pennies can sell for hundreds of thousands of dollars. Because of how valuable they are, fake 1943 copper coins exist. These fake copper coins are regular steel cents that were coated over with a thin copper layer. The magnet test can be used to easily tell a fake from an original. If a 1943 copper penny sticks to a magnet then it's not an authentic error coin. Grading SystemFine- The lines in the wheat heads are worn but visible. Very fine- Lincoln's jawbone and cheekbone are worn but still separated. The wheat heads are not worn. Extremely fine- There is only slight wear on the coin. All of the details are sharp. MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks. MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable. Double die strike errors are known to exist in the year 1943 for the steel wheat cent. Look closely at the lettering and or dates to find traces of this error. Off Center StrikeWhen the die strikes the planchet off center it creates an off center strike. These can be off anywhere from 5-90% in any direction. Look for a blank crescent shape at the edge of the coin to spot this error. See image above as example. Struck on Dime PlanchetSilver dime planchets somehow made their way into the hoppers for the 1943 steel pennies and were struck and released to the public by accident. Struck ThroughExample above is a struck through die cap, but in general struck through errors occur when a foreign object makes its way between the die and the planchet and remnants of this object are indented into the coin. 1943 Bronze Wheat PennyThe mother of all coin United States coin errors. The 1943 Bronze / Copper planchet wheat cent is one of the most valuable coin errors ever. Price ChartThis section is more for experienced collectors only, and rates refer only to professionally graded and slabbed coins. If you are new to collecting the prices below may not make much sense. Breakdown of pricing per condition for 1943 Steel Wheat Penny as follows.
Is the list above a little overwhelming? If so, take 5 minutes to learn all about Coin Grading. It's also important to note...Prices are subject to the same supply and demand laws as everything else. Coins sold at the same auction house 10x, would fetch drastically different bids each session. To raise your chances of receiving top dollar read How to Get the Most for your Coins. We've personally researched these values. If you enjoy our content please return the favor and share this page with your friends. Mintage NumbersCommentsEBradley: Found this coin searching bank rolls. Not sure if coin is double error. Using magnifying glass and bright light but how can I be certain? Approved: 2022-12-09 08:48:03 Admin: Thanks for posting Bradley, I moved this comment to the general 1943 Steel Cent page to help others. When searching for and verifying double die errors look closely at the edge of lettering and or the date. If you can post a photo of the error I might be able to help you a little more. Basically as it states above you will want to look for trace amounts of a prestruck number or words. Here use this example of errors and look at the double die section to get a better look. Approved: 2022-12-09 08:56:05 How much is a 1943 Steel Wheat Penny worth?This section is more of a layman's guide, for those new to collecting. In Average Circulated (AC) condition it's worth around 45 cents, one in certified mint state (MS+) condition could bring as much as $10 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1943, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?]. If you are a fan of coin roll hunting or just want to learn more about steel wheat pennys then search or scroll below to find the most valuable and rarest in this series. Similar Coins1943 S Steel Wheat Penny1943 D Steel Wheat Penny Most ValuableThe most valuable Steel Wheat Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin. ImageYearMintWorthWant more? Click here to see the most valuable coins ever minted. Hardest to FindThe rarest and hardest to find Steel Wheat Penny's Check out each link to learn more about each coin. What is the rarest Steel Wheat Penny? NameProduced19441,0001943 S191,550,0001943 D217,660,0001943684,628,000NameProduced[Top of Page] ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information. How can I tell if my 1943 steel penny is worth anything?The easiest way to determine whether or not your 1943 Cent has collectible value—to see if it is possibly bronze rather than steel—is simply to test it with a magnet. If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases.
What is the rarest 1943 penny?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. The United States Mint accidentally used the wrong planchet metal when striking the coin.
How much is a 1943 silver pennies worth?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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1943 silver wheat penny no mint mark value
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