How do I know if my 1943 penny is rare?

Darron Frumkin asked, updated on May 6th, 2022; Topic: 1943 penny
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Apart from, how much is a 1943 silver penny worth in 2021?

They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.

Long story short, is a 1943 silver penny rare? The "Silver Penny" Is Not Rare In 1943 the United States was preparing for war in Europe and in the Pacific. Copper is an essential metal in the manufacturing of ammunition.

Incidently, what are silver pennies worth?

Large numbers of 1943 pennies were collected by the mints and destroyed, meaning that those that have survived are somewhat collectible. A 1943 silver penny that is in circulated condition is worth about $0.12 to $0.15 U.S. Dollars (USD), whereas one in brand new, uncirculated condition is worth about $0.50 USD.

How can I tell if my 1943 silver penny is real?

The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper. If it does not stick, the coin might be of copper and should be authenticated by an expert.

21 Related Questions Answered

How much is a 1943 steel penny worth with no mint mark?

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 $8 for coins with an MS 63 grade.

How much is a 1943 D copper penny worth?

How Much is it Worth? At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1.5 million.

Is my 1943 steel penny worth anything?

Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.

What is the error on a 1943 steel penny?

A coin, pattern or mint error that is 95% copper can logically and should be called 'copper. ' Because much copper was required for military purposes, it was decided that the one cent coins (pennies) of 1943 would not contain any copper. They were specified to be zinc-coated steel.

How much is a silver penny worth 2021?

These coins can only sell for a premium in uncirculated condition. The 2021 penny with no mint mark and the 2021 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade. The 2021 S proof penny is worth around $5 in PR 65 condition.

What 1943 penny is worth the most?

A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency.

Which penny is worth $3000?

#7 – 1989-D Bronze Penny If your 1989 penny weighs around 3.11 grams, then you've probably got the rare copper penny. The value of the 1989 error pennies is something to write home about, too — if you happen to find one of these rare pennies in your pocket change: 1989-D copper pennies are worth $3,000 or so!

How much is a 1940's wheat penny worth?

CoinTrackers.com has estimated the 1940 S Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $7.

What makes a 1943 steel penny rare?

1943 Steel Cent Value This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. The 1943 copper cents are extremely rare and valuable.

What are the odds of finding a 1943 copper penny?

There are perhaps as many as 200 million normal pennies currently in circulation, so your odds of finding one of the 30 or so potentially floating around out there are one in fifteen million. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more.

What is the rarest Penny year?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

How much is a 1943 steel penny worth in 2019?

CoinTrackers.com has estimated the 1943 Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $10.

What is the most valuable steel penny?

1943 Bronze Lincoln "The most valuable Lincoln cent sold privately in 2010 for $1.7 million," said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.

What steel penny is worth the most?

25 Most Valuable US Pennies
  • 1.) 1944 Steel Wheat Penny - Worth $110,334.
  • 2.) 1943 Copper Wheat Penny - Worth $85,782.
  • 3.) 1856 Flying Eagle Penny - Worth $25,000.
  • 4.) 1873 Indian Head Penny - Worth $10,000.
  • 5.) 1858 Flying Eagle Penny - Worth $10,000.
  • 6.) 1857 Flying Eagle Penny - Worth $7,000.
  • 7.) ...
  • 8.)

Which 1940's penny is worth the most?

What Is The Most Valuable 1940 Penny? According to the Professional Coin Grading Service (PCGS), a 1940 Lincoln penny graded Mint State-68 Red (a nearly perfect coin with original, bright copper-colored surfaces) sold for $14,950 in 2006.

How much is a 1943 nickel worth?

The 1943 P nickel and the 1943 S nickel have similiar values. Each coin is worth around $2.50 in very fine condition. In extremely fine condition the value is around $3. In uncirculated condition the price is around $6 for coins with an MS 60 grade.

What to do if you find a 1943 penny?

Why is the 1945 penny rare?

While 1945 pennies are not rare coins, they're nevertheless worth more than face value (or 1 cent) — because they're made from valuable copper. ... 1945 penny (no mintmark, made in Philadelphia) — 1,040,515,000 minted; worth 2 to 5+ cents.

How do I know if I have a rare coin?

How to Tell If You Have Rare Coins
  • Examine the Coin as a Whole. Before you inspect individual aspects, look over the coin as a whole. ...
  • Look Over the Lettering. The lettering of a coin is one easy location to discover rarities. ...
  • Inspect the Mintmark. ...
  • Check the Die Rotation.
  • How much is a 1942 steel penny worth?

    Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 35 cents, while one in certified mint state (MS+) condition could bring as much as $3 at auction. This price does not reference any standard coin grading scale.

    How much is a 1994 penny?

    The 1994 penny with no mint mark and the 1994 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade. The 1994 S proof penny is worth around $9 in PR 65 condition.