Next, use a magnet. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. The coin is copper and features Abraham Lincoln on the obverse side and the Lincoln Memorial on the reverse side. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. 1943 saw a switch to a zinc-coated steel composition to help save copper for World War II ammunition, although the coin confused many people, as it was regularly mistaken for a dime. Of the 217,660,000 1943 Lincoln Steel Pennies minted in Denver, only a few, out of 4,000, are double-minted with the initial/mint mark (D).This double minting is very easy to discover since the second D is more displaced from the first. PCGS has more than 48,000 copies registered in MS60 or higher grades and halves to 24,000 copies registered in MS65 or higher grades.However, most of those registered units of 1943 D-steel pennies are in MS65 to MS67 grades. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. This theory suggests that when standard 1944 bronze coins were being coined, the handful of 1944 steel planchets that remained jammed in the minting machines got minted and mixed into regular bronze cents. Below the year 1969 on the right hand side, it also features the letter "D", which means it was minted in Denver. 1. Double Die Nickel errors occur when the die strikes the nickel planchet more than Rare Coins. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. About 10 examples of this coin are believed to exist. 1950 Lincoln Penny Value. The coin was submitted for auction by Heritage Auctions of Dallas, Texas, the third largest auction in the world. Hello new to site, I have 2 1943 pennies one stamped with s another just 1943, was wondering if there is any worth? The 1944 Lincoln Cent is a wheat penny, so the reverse (tails side) has two ears of durum wheat with One Cent and United States of America between them. So those 40 or so steel pennies from 1944 ended up being quite pricy. Very rare I thought.Maybe you might be interested? How much a steel penny is worth is very dependent on the condition of the coin. The consequences were that on many occasions, merchants lost 9 cents in change.Another reason for the rejection of the 1943 Lincoln Steel Penny was that the zinc oxidized quickly, leaving the coin dark gray and almost black. Sell now Scarcer than the 1943 Lincoln Steel Penny is the 1943 Lincoln Penny made from copper, with an unknown coinage. ***Primary Source(s): http://varietyvista.com***Social Media Links (Website, Instagram, Facebook, Twitter, More):https://linktree.com/treasuretownActive Affiliate Links - Purchase Items Through Them To Support Treasure Town:https://linktree.com/treasuretownaffiliatesLinks to Sources I Use (PCGS, Heritage, VV, eBay, More):https://linktree.com/treasuretownsources***All materials in these videos are used for educational purposes to inform and build community around coins, and fall within the guidelines of fair use. A Jefferson Nickel accidentall 1964 D was a rough year for the production of nickels. I have a 1943 steel penny want to get it appraised. Multiple (8) PCGS MS67RDs. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. Some steel dies from the previous years Lincoln Steel Penny were used to manufacture 1944 copies in steel. However, finding a Lincoln Steel Penny 1943 in grade MS68 or higher is a more difficult task if it comes from Philadelphia rather than either of the other two mints, so its value is higher in high quality. Out of 4,000 known coins with this double D variant, only 200 units have an MS65 or higher graduation, and therefore are much more valuable and coveted by collectors. He faces right in the portrait, with the mint mark and mint year placed in front of his chest. Copper cents weigh 3.11g while steel cents weigh 2.7g. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. , { The 1943 steel penny with no mintmark is usually worth between $3 and $10. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); My name is Al my wife an I been saving pennies for about 30 years or more , for the last three weeks I been going though them and gathering info on what I need to know, it was the pemdemic I got into it I thought it would no trouble wow was I wrong. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. 1943 Bronze composition (looks brown or red but magnetic) $? These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66. *by JM Bullion 1943 D Penny Value In 1943, 217,660,000 pennies came out from the Denver mint. If theres any value Im considering selling. and new product arrivals. I will get to it I found a 1943 steel s in mint condition, I investigated it well I know what I have but how to handle it ,I am 73 years old living a little over being poor. What you think. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Year: 1959. Best of luck finding one of these awesome 1964 pennies. Earlier sources listed all the 1944 steel cents as errors because the pennies were intended to return to their 95% copper content that year. If so please share it with your friends and help us grow. If you choose eBay, remember to set a minimum price that is higher or at the very least equal to the face value of the coin - or you'll make a loss. The 1943 copper penny is extremely rare and valuable. However, that zinc-iron combination was susceptible to spotting and staining. These coins are k Full Steps Nickels are of key importance. Is it such a error? Here you can see 2020 prices in different grades: It is not difficult to find the 1943 Denver Lincoln Steel Penny in medium or even high qualities. "@type": "Question", Coleccionistasdemonedas.com is an independent website. Indeed, whether collected as part of a short set or incorporated into a larger run of Lincoln cents, the 1943 steel pennies are favorites among non-numismatists and veteran coin collectors alike. Hi Kelli. I definitely recommend getting it authenticated! These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. And a Real brown Copper ? And Tons of Silver and Gold Coins from all Over the World. 1955 D/D in Date Other Areas. If you do have one, it would be worth tens of thousands of dollars. Don't be the last to know about the latest deals Strike errors include such things as broadstrikes and off-center coins. I just submitted to Great Collections a 1943 steel penny. He was born on 12th February 1809 and assassinated on 15th April 1865. This paved the way for an emergency composition for the one-cent coin as well. Wed stick to graded options with clear provenance and be wary, especially if a deal seems too good to be true. 2017 CANADA $25 FOOTBALL SILVER COIN ORIGINAL BOX & CoA CURVED COIN TRUSTED . Now covering; Cryptocurrencies, Precious Metals, and even World Coins. Check out the price chart for the top coins in this series. Does anyone think the mint will change the composition of the penny again? Also can i get it cross over from another company to weight it,because when i weighed it my self at home,it weighed 2.7 grams. Even though the United States Mint switched pennies from a steel composition to copper in 1944, some steel planchets were left behind in the presses, presumably by accident. Coin errors can be spotted at the mint, at the bank, or by the public. This indicated the coin was made of steel rather than copper like most 1944-D cents. To find out if your small change could be worth a fortune, check how much the specific coins are selling for on eBay. Start by weighing the coin. Free shipping. But the initials VDB only appear on the obverse, at the cut-off of Lincolns shoulder. A strange looking coin if I 1964 is a key date as the coins mint mark would move from the reverse to the obverse 1964 D is a key date as the coins mint mark would move from the reverse to the obvers 1938 was the first year the Thomas Jefferson Nickels were produced. In 1943, at least one coin was 86.41% tin, 1.75% copper, 8.37% antimony, and 1.02% vanadium. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America - $499.99. Heritage has sold several such coins over the years. Tests were conducted without success with materials as diverse as glass or even plastic.Finally, it was decided to manufacture the 1943 Lincoln penny with low-grade steel with a zinc coating while maintaining the same design and diameter. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. Word eventually gets around if a dealer sells overgraded coins, or takes advantage of less knowledgeable sellers. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. A 1964 D penny is worth between 2 USD and 5,000 USD. The weight is listed at 2.9 grams, a touch heavier than some other 1944-D steel cents but within tolerance. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. "acceptedAnswer": { Several shallow, almost parallel diagonal abrasions are visible only at certain angles to the light, while a narrow streak of gray paler than the rest of the coins medium-steel hue is visible on the photograph of the coin printed in the newspaper. In low grades, a 1943 or 1944 penny is only worth its face value. He brought the coin to two dealers, who found no reason to doubt it, and from there it went to Walter Breen, the most prominent authenticator of the time, who pronounced it genuine.. To enable personalized advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. } 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. MORGAN .And 1 Copper Bill of Rights 1791. Theyre official coins made with permission from Congress and were all coined in 1943 and 1944. Both the obverse and the reverse were designed by Victor David Brenner. Hi Judith. Read the article about left over material etc. More than two billion of these bad boys were made, but the exact amount is unknown. 1776 We Are One Continal Currancy large Coin 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! Also, click here to Learn About Grading Coins. Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (source). Join us today for FREE! ala. got a 1944 penny and need to know how to find out if it is real or what, and dose not stick to magnet weighs around 3.0 grams what should i do, My Daughter Discovered A 1944 Steel Penny With No Stamp Letter On It. Don't be the last to know about the latest deals and new product arrivals. . While there is no known mintage figure for the 1943-D/D Lincoln cent, its estimated that perhaps 3,000 to 5,000 examples may exist across all grades.