1943 Steel Penny Worth Money

Try sticking your 1943 penny to a magnet.

1943 steel penny worth money.

Steel pennies are a rarity in their own right more on that later but copper pennies from. 1943 steel penny value the majority of examples of 1943 steel pennies are in circulated condition and have developed a lot of spots and tarnish. The then 16 year old lutes. These are worth less than a dollar but nice mint.

To conserve copper for the war effort the country decided to strike all new pennies on stainless steel. In fact a steel 1943 penny is worth up to 50 cents. 10 things you probably don t know about precious. A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents.

Most 1943 steel pennies that you ll find in circulation are pretty well worn and many that are worn exhibit rust. Even if your 1943 penny is made of steel it could be worth more than its face value. The 1943 bronze lincoln cent attracted nearly 30 bids and sold for 204 000 in january according to heritage auctions the organization that conducted the sale. If your 1943 penny does not stick to the magnet it may be a rare 1943 copper penny.

A regular 1943 steel penny is worth only a few cents. If your 1943 penny sticks to the magnet it is a common steel cent and not worth the big bucks. These are worth 5 cents to 10 cents. The following table lists the buy price what you can expect to pay to a dealer to purchase the coin and sell value what you can expect a dealer to pay you if you sell the coin.

Further authentication is required to see if it s a legitimate 1943 copper cent. As the 1943 steel pennies circulated the zinc coating started to turn dark gray and almost black. If it was in circulation long enough the zinc coating completely wore off and the steel underneath would start to show through.