It not in mint state but is in very good condition what does he do since he is no member of the company’s that grade them? It is important to note, however, that not all 1944 wheat … Some 15 years later, another example sold for $82,500 at a 1996 auction. The 1943 copper cent was produced at all three mints. A copper 1943 cent would be extremely rare. Time to part with my collection of coins one stand out coin is this 1943 copper penny weighs 3.17 grams don't have authentication certificate but if you got the cash and connections could easily fetch a 6 figure return .... do NOT contact me with unsolicited services or offers. A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. Don't be the last to know about the latest deals and new product arrivals. Some 15 years later, another example sold for $82,500 at a 1996 auction. Because of this, Wheat Pennies are incredibly rare and highly sought after by coin collectors. For the best and most secure experience in our catalog, please update your browser. These coins could easily sneak past even many of the more advanced collectors. It is the copper dated 1943 that is rare and valuable and you can discern the copper plated using a magnet. This is partly why third-party coin grading services emerged in the 1980s. Your browser is out of date. post id: 7235821467. You could also consider consigning the authenticated coin with an auction company, which is how many 1943 bronze pennies are sold. Pennies can be lucky, especially if they're 1943 copper wheat pennies. 1943 S Lincoln Cent Wheat Penny is one of the most mistaken coins, the steel versions are not rare nor valuable in even low mint state grades. There are few coins as popular as the 1943 copper penny, an extremely rare mint error that is worth a lot of money. The US Mint did not plate coins in copper in 1943. It’s quite literally the million-dollar question! 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. Even if you are sure you have the 100% real McCoy in your hands, there are too many fakes out there for anyone to buy a 1943 bronze cent without having complete certainty that it’s authentic. Nearly all pennies from 1943 are supposed to be steel cents. Yes, a copper 1943 penny really is worth an average of $85,000. And the bottom right image is the rare and authentic 1943 bronze wheat penny. One of the rarest and most intriguing US coins is the 1943-D Bronze/Copper Lincoln Wheat Cent. CBS News reports that another of the 1943 copper pennies sold for $1.7 million in 2010. Even if the coin you believe to be a 1943 copper cent checks out with your own tests—meaning it is NOT magnetic and weighs about 3.1 grams and appears to have an unaltered design (notice all the “ands,” not “ors” here)—then you should consider having it authenticated by reputable third-party grading service. Searching for error coins continues to be a growing hobby. These dealers also see plenty of rusty 1943 cents that “look like” copper to the collector. Always worth big money, this error has commanded prices as high as seven figures. CSSocialMedia August 1, 2019 at 2:30 pm. What about the “3”? Today, 1943 bronze cents typically fetch between $100,000 and $250,000. 1943 Copper Penny By far the rarest Lincoln cents are the 20 to 30 struck mistakenly on copper planchets in 1943, including the unique 1943-D that sold in … The 1943 copper penny is a one million dollar penny! The Wheat Penny was designed by Victor David Brenner in the year 1909. A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. What’s more, even if you have a 1943 bronze cent passed down in your family from somebody who was a diehard collector, that doesn’t necessarily mean that coin is authentic. One of the rarest and most intriguing US coins is the 1943-S Bronze/Copper Lincoln Wheat Cent. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. But, while steel cents are quite common—more than 1 billion were made across the Philadelphia, Denver, and San Francisco Mints—it's the copper 1943 cent that’s rare. This copper penny was suppose to be a 1943 steel penny. The wheat penny design was abandoned in 1958 in favor for a design featuring the Lincoln Memorial.Along with the 1955 double die penny, the 1943 copper penny is one of the most valuable pennies around. Ahead of the auction, experts said the penny could have fetched more than a million dollars. © 2019 United States Mint All Rights Reserved. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. Join us today for FREE! If it does not stick, the coin might be of copper and should be authenticated by an expert. Post a large in focus photo here and we can give you further opinions. Celebrate a little—but don’t spend all your money quite yet. The 1943 copper penny can be worth a million dollars as an extremely rare and sought after collectible coin. Because that’s not how it works with the 1943 bronze cent! In 1943 all pennies minted by the United States mint were made out of zinc plated steel because the United States needed copper for World War II supplies. Other 1943 copper pennies routinely sell for $100,000 to $200,000. A list of linkable tags for topics mentioned on this page. This item will ship to United States, but the seller has not specified shipping options. The result? For example, one 1943-D copper penny commanded a whopping $1.7 million when it sold at an auction in 2010. WHAT IS A 1943 STEEL PENNY WORTH - RARE PENNY WORTH MONEY!! Real US 1943 Penny Copper Plated Photo is stock photo. It will only cost you some time and money, but that's nothing compared to the value of a real 1943 bronze cent! Perhaps he or she could then assist you in getting it graded by a third-party coin grading company. Seller assumes all responsibility for this listing. And what turns out happening virtually every time is the coin winds up being a fake—a 1943 steel cent plated in copper. Just as the Jefferson Nickel five-cent coin saw the removal of nickel from its composition in 1942 to preserve the metal for artillery production, so, too, did Lincoln Wheat Penny coins in 1943.Copper was completely eliminated from the denomination’s composition, in favor of a one-year-only type featuring a zinc-plated steel composition. Update: In January 2019, a rare 1943 copper penny was sold at Heritage Auctions for $204,000. Back in 1981, an example of the 1943 bronze cent made national news when it sold for $10,000. In 1944, essentially the same situation happened when the mint was switching from steel back to Copper, and resulted in approximately 40 1944 steel pennies being made. 1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. Those cents weighing in increments of a gram will give a false positive here because of rounding. Nearly all circulating pennies at that time were struck in zinc–coated steel because copper and nickel were needed for the Allied war effort. Many people hear that there is a rare 1943 penny out there and therefore assume all 1943 pennies are valuable. At the time it was made, almost all pennies were minted using zinc-coated steel because copper and nickel were needed for the World War II effort. Good for magic trick 'pretend to change a a steel penny into copper Would make a great addition to your coin collect Great gift for any coin collector! RedStormShop. The 1943 penny is part of a series of pennies known as “wheat pennies,” after the crossing sheaves of wheat on their backs. Prices have gone way up for the 1943 copper penny over the years. There are 32 1943 copper wheat penny for sale on Etsy, and they cost $2,718.16 on average. Because the 1943 penny is so valuable, many counterfeits have been made by coating pennies with copper. As a result, they were accidentally struck with 1943-dated dies. What does your 1943 cent weigh? Before the war efforts, the primary composition of the wheat penny was 95% copper and 5% zinc. 1944 Steel Penny. My fiance has found a 1943 copper wheat penny no mintmark does not stick to magnet and it does not look altered. During this time, the United States Mint was striking pennies from zinc-coated steel planchets. However, a small number of bronze planchets left over from the 1942 production remained in the mint presses. I would imagine a copper 1943 cent would "look different then others". @jona_wain . The 1943 copper cent was produced at all three mints. Almost every day, your typical coin dealer in Anytown, U.S.A. receives at least one or two calls from an excited individual who has “the” 1943 cent. Although this penny was found over eighty years ago, is a rare occasion, but nonetheless possible, that you can still find one today. The bottom left image is a 1948 wheat cent that has had the 8 in 1948 altered to look like a 3. Why? Contact the seller- opens in a new window or tab and request a shipping method to your location. If it doesn’t, there’s a chance it may be the rare copper penny, but it still must be tested for authenticity. A total of perhaps 20 to 30 of these 1943 copper cents were minted cumulatively at the Philadelphia, Denver, and San Francisco Mints. In fact, 1943 copper wheat pennies are usually worth $100,000 or more! They are going for up to $85,000 at auction. The 1943 penny is one of 20 that were accidentally minted when the federal government was trying to conserve copper for World War II. Most likely you have a 1948 coin that has been altered. They are supposed to be made out of zinc-plated steel. In a minute, I’ll talk more about the 1943 copper penny and why it’s so rare. The newer, silver appearance of the penny is the result of the U.S. Mint using a zinc coating over steel. Make sure your 1943 copper pennies are certified! Get the best deals on 1943 Lincoln Wheat Copper Small Cents when you shop the largest online selection at eBay.com. Nearly all pennies from 1943 are supposed to be steel cents. But first, let’s discuss what those silver 1943 wheat pennies are made from. – If it does, it’s a common 1943 cent. – Your 1943 copper penny absolutely must look exactly like a 1943 steel cent in terms of design and the shaping of the letters and numbers. Counterfeits, altered coins, and other fakes are among our hobbies' most significant problems and have been for a long time. Rare 1943 bronze penny sold for $200,000 Heritage Auctions, HA.com In 1943 cents were made of STEEL and plated with zinc. If it sticks to the magnet, it is not copper. The 1943 copper wheat penny is an extremely rare coin. According to the American Numismatic Association, the 1943 copper–alloy cent is one of the most idealized and potentially one of the most sought–after items in American numismatics. The highest amount paid for a 1943 copper cent was $82,500 in 1996. No matter the cause, 1943 copper pennies now sell for just under $100,000 each, according to our resources. A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. A total of 0 Wheat Penny coins were minted in 1943. A subsequent piece sold for $10,000 at an ANA convention in 1981. The 1943 Lincoln penny is made up of copper and has been described as the "most famous" coin made in error, according to Heritage Auctions, which … Thank you for signing up with United States Mint! SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. This price was paid for the only known example of a 1943-D copper penny graded MS64BN by Professional Coin Grading Service. 1943 copper wheat penny. The 1943 copper penny "is the most famous error coin," according to Heritage Auctions. Free shipping on many items | Browse your favorite brands | affordable prices. Today, 1943 bronze cents typically fetch between $100,000 and $250,000. Others still confuse the 1943 steel penny (pictured below) as the rare coin because of its unusual appearance as a silvery-colored Lincoln cent. Warning: Many 1943 Copper Pennies are fakes. You still need to make sure the coin is authentic! The list of mint marks for the 1943 Copper Wheat Penny are D, and S. Philadelphia Mint specimens lack mint mark.. United States Mint – Connecting America through Coins. 2) 1943 Copper Penny minted with extreme rarity due to most likely leftover copper planchets (blanks) from 1942. Only a few copper pennies were minted in 1943, and the coins were most likely mistakenly released. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies. Key Date Morgan Dollars: Collecting Tips & Prices, Bicentennial Quarter Value and Price Chart. Many old-time coin collections are found to have counterfeit coins that are sophisticated in appearance. Rare 1943 wheat pennies are made from bronze — they look similar to most other copper pennies from other years. The most common 1943 copper wheat penny material is copper. Welcome to the Board. United States Mint to Release Final America the Beautiful Circulating Quarter on January 4th, United States Mint 2021 Special Occasion Sets Available on January 5, United States Mint Announces New Quarter Dollar Reverse Design, United States Mint to Release Maryland American Innovation $1 Reverse Proof Coin on December 30, United States Mint Announces Designs for the National Law Enforcement Memorial and Museum Commemorative Coin Program, For information about the United States Mint, please visit the. This was to help save copper for World War II ammunition shells. Here’s how you can tell the difference between the common 1943 steel cent (typically worth 10 cents to $1) versus the 1943 bronze cent: Does your 1943 penny stick to a magnet? To find out about coin experts in your area, you may call the American Numismatic Association at (719) 632–2646. Copper pennies dated 1943 are not supposed to exist. The winning bidder was Tom Caldwell of Concord, Massachusetts. The edge of the 1943 Copper Wheat Penny is a Plain edge. Reply. There are two version of the United States 1943 penny: 1) 1943 Steel Cent minted during the World War II copper shortage era. However, some of these pennies do exist and it's a matter of sheer luck if you find one in pocket change. Shipping and handling. Back in 1981, an example of the 1943 bronze cent made national news when it sold for $10,000. 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, striking pennies from zinc-coated steel planchets. One of the most common diagnostics is the font of the “3” in the date—it must exactly match the “3” on a 1943 steel cent. The all-time record price for a 1943 bronze cent is $1.7 million. One of the most common questions people ask is, “do I have a 1943 copper penny?” One of the points of confusion is behind “which” 1943 penny is rare. – A common 1943 steel cent weighs 2.7 grams, while the rare bronze one would click in at approximately 3.1 grams. However: A small number of copper planchets were left over from 1942 and were used in 1943 during the transition to steel planchets. You must use a scale that measures down to at least a tenth-of-a-gram increments. Any differences here on a suspected 1943 copper cent should send up huge red flags. The top left image shows the common 1943 penny made of zinc and steel. Wheat pennies were briefly made of materials other than copper in 1943 This was due to a shortage of copper and tin while the US fought World War II … The most popular color? If you think you have a 1943 bronze cent—and everything checks out with it so far, what you could do is bring it to a reputable coin dealer for an in-hand inspection. Prices have gone way up for the 1943 copper penny over the years. Approximately 40 1943 copper–alloy cents are known to remain in existence. From shop RedStormShop. Today these are valued at $75,000+. However: A small number of copper planchets were left over from 1942 and were used in 1943 during the transition to steel planchets. Believe it or not, some are worth much more than that! If your penny has a copper colored appearance, here is how you can authenticate it and tell if it is a genuine 1943 solid copper penny or a fake one. Or maybe it’s an altered coin, perhaps a 1945, 1948, or 1949 Lincoln cent retooled to appear as a 1943. 5 … Approximately 40 1943 copper–alloy cents are known to remain in existence. Unfortunately, you do not have a 1943 bronze (copper) cent. 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. These can differ in color, due to aging patina, as all copper pennies do. The top right image shows a common steel cent that someone has coated to make it appear bronze. ... Over 1/4 pound of copper wheat pennies -- at least one 1943 STEEL penny, and maybe more! Check out our 1943 wheat penny selection for the very best in unique or custom, handmade pieces from our coins & money shops. But since you are convinced you do, I recommend sending the coin to a third-party grading company, like PCGS, for certification and grading. The 1943 bronze Lincoln cent first came to light in the mid-1940s and quickly took the numismatic world by storm. Once the coin is certified as authentic and graded, that dealer may then be interested in buying the coin from you. You see, the 1943 bronze cent isn’t the kind of coin you’ll be able to 100% authenticate on your own. 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