How much is a 1943 copper penny worth?

Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.

How do I know if my 1943 penny is valuable?

The way to detect if your 1943 penny is made out of copper is by using a magnet. If the penny sticks to the magnet, it is made out of steel — not copper. Keep your eyes open for this rare penny — and you could be up to $200,000 richer if you find it.

How rare is a 1943 copper penny?

The few resulting copper cents were lost in the flood of millions of steel cents struck in 1943 and escaped detection by the Mint’s quality control measures,” according to Heritage Auctions. Miller said 10 to 15 of the 1943 copper pennies exist today.

How do I know if my 1943 penny is copper?

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.

Which 1943 steel penny is valuable?

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.

Will a 1943 penny stick to a magnet?

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. 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.

Will a 1943 steel penny stick to a magnet?

The 1943 copper cents are extremely rare and valuable. Only a couple dozen pieces were made, and each is worth about $100,000. While 1943 copper cents weigh about 3.11 grams and don’t stick to a magnet, the more common steel cents (which weigh 2.8 grams) adhere to a magnet.

Should a 1943 steel penny stick to a magnet?

What’s so special about 1943 copper penny?

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. Nearly all circulating pennies at that time were struck in zinc-coated steel because copper and nickel were needed for the Allied war effort.

Does a real 1943 copper penny stick to a magnet?

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. 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.

Is 1943 penny worth anything?

The Rare 1943 Penny. If your 1943 penny is made out copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin.

What material is a 1943 Penny made of?

In fact, the more remarkable discovery would be a 1943 penny made from copper. Although the vast majority of pennies produced in 1943 were made from zinc-plated steel, giving them a silvery appearance, around 10 to 40 pennies, depending on which source you believe, were accidentally produced from copper.