Is a 1943 penny worth anything

1943 Bronze Penny Sold For $1 Million To Bill Simpson, Texas Rangers' Co-Owner (PHOTO)

is a 1943 penny worth anything

The Value Of The 1943 Steel Penny

and   the   can   and

Did you see the famous Bronze Discovery Cent, found by a teenager in the s, in the news recently? Perhaps you noticed this on television, online, or even heard about it on the radio. Such exciting news always results in a flurry of hopeful people scouring their change, hoping to find the winning coin. Before we go into how to authenticate your Bronze Cent, it is important to know about the two types of Lincoln Cents minted that year. During World War II, a major copper shortage occurred. The US Mint responded by using zinc-coated steel to produce cents for change.

The steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since the first in Due to wartime needs of copper for use in ammunition and other military equipment during World War II , the United States Mint researched various ways to limit dependence and meet conservation goals on copper usage. After trying out several substitutes ranging from other metals [1] to plastics [2] to replace the then-standard bronze alloy, the one-cent coin was minted in zinc -coated steel. They were struck at all three mints: Philadelphia , Denver , and San Francisco. As with the bronze cents, coins from the latter two sites have respectively "D" and "S" mintmarks below the date. However, problems began to arise from the mintage. Freshly minted, they were often mistaken for dimes.

A copper penny produced in during World War II, when the other pennies were made out of steel, is worth up to $ and maybe.
how to get a copy of your w2 online

Want to know what the most valuable pennies are? At Coin Values, we are always staying on top of the latest changes in coin prices, and we have a list of the top 25 most valuable pennies. Small cents, by the way, are Do you have any of these coins in your penny jar? It may be worth taking a look, because many of the most valuable pennies on this list were made in the 20th century. The story behind copper Lincoln Pennies is presumed to be a pure accident at the U.

World War II pennies were made mostly of steel. Dan Lewis on the rare and oft-faked coppers that made it out of the mint. Drop a magnet into a pile of U. Pennies are made up of You should be able to remove the magnet without any of those pennies sticking to it. But if a cent or two happen to come along for the ride, you may have been the victim of fraud.



Rare 1943 Penny Sells for $1 Million

Got a 1943 copper penny? Don't spend it.

In an era when pennies are being banned and even discontinued , one pretty penny recently got very lucky. While today, pennies are made from copper-coated zinc , the U. Government halted the minting of copper-coated bronze pennies in because copper was needed to manufacture ammunition during World War II, according to the Professional Coin Grading Service. Somehow a few copper-coated bronze planchets were accidentally minted during that time -- and finding one of these is a collector's dream. Simpson already owned two of the rare pennies minted in Denver and Philadelphia. This third bronze cent -- which was made in San Francisco, the only other Mint functioning in -- has completed his collection, according to the Daily Mail. Simpson said, 'It's a beautiful coin,'" the coin dealer's president Laura Sperber stated in a release.

Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. Although they are uncommon, they are hardly rare. During World War II, the war effort required a lot of copper to make shell casings and munitions. In the penny was made out of zinc plated steel to save copper for the war effort which is why most pennies are silver colored. Metal was not the only commodity that was critical to the war effort. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. Critical goods were ration to American citizens using coupon books issued by the government.

According to the American Numismatic Association, the copper—alloy cent is one of the most idealized and potentially one of the most sought—after items in American numismatics. Nearly all circulating pennies at that time were struck in zinc—coated steel because copper and nickel were needed for the Allied war effort. Approximately 40 copper—alloy cents are known to remain in existence. Coin experts speculate that they were struck by accident when copper—alloy 1—cent blanks remained in the press hopper when production began on the new steel pennies. Because of its collector value, the copper cent has been counterfeited by coating steel cents with copper or by altering the dates of , , and pennies. The easiest way to determine if a cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper.

.

3 COMMENTS

  1. Xarles M. says:

    Post navigation

  2. Jolie L. says:

    Steel (Silver) Penny: Background and Value

  3. Ade A. says:

    Heritage Auction Galleries.

Leave a Reply

Your email address will not be published. Required fields are marked *

Map