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.

Are 1943 steel pennies rare?

If the penny has a silver color, it is made out of steel with a zinc coating to make it look nicer and protect it from rusting. They are fairly common in nice condition since people tended to save them when they were first issued because they were unusual. A regular 1943 steel penny is worth only a few cents.

How much is a 1943 D steel penny worth?

The 1943 D steel penny is worth around $0.35 in fine condition. In very fine condition the value is around $0.40. In extremely fine condition the value is around $0.50. In uncirculated condition the price is around $10 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,500.

What’s the value of a 1943 Wheat cent?

1943 penny value reflects its unique status within the Wheat cent series. A standard method is used to located how much its worth on the chart. Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition

What kind of rust does a 1943 copper penny have?

When exposed to moisture the penny would start to rust. To “revive” some of the original beauty, some unscrupulous coin dealer’s started to re-plate the steel pennies with a fresh coating of zinc. Although these pennies show a brilliant shine, they are considered damage coins and carry little to no value. Rare 1943 Copper Lincoln Cent.

Are there any coins that were made in 1943?

There are a few very valuable error coins produced in 1943. Since the mint produces billions of coins in an average year, they use huge totes to move them around the mint facility. As the totes moved from machine to machine, sometimes a blank from the last batch would get stuck in a crevice.