How Many 1943 Copper Pennies Have Been Found

A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. I return to the bank my regular pennies, but save the copper pennies in coffee cans. 0 the two that have been found are valued at 40,000. The American Numismatic Association reports less than 50 of the 1943 copper-alloy cents are known to exist, according to the U. In 1947, 16-year-old Don Lutes Jr. Goldberg said the Denver mint. That is the strongest possibility for this planchet’s origin if this is indeed the 98 percent copper alloy noted. 7million at auction. Styles include wheat penni. For one year, 1943, the penny had no copper in it due to the expense of the World War II. Another rarity is the 1955 double die penny. 8k) at auction. Despite how thin it is, the copper is strong. Mint made pennies out of steel rather than copper—because copper was being used to make ammunition casings for the war effort. I was shock i found a 1943 copper penny. Because the 1943 penny is so valuable, many counterfeits have been made by coating pennies with copper. We went through all the pennies, and some of them date back to 1903. The planchets were identical. The first 1943 copper cent was sold in 1958 for more than $40,000. Their collection value makes 1943 copper pennies a prime target for counterfeiters: fakes are often made by coating steel cents with copper or altering the dates of 1945, 1948 and 1949 cents. Make sure your 1943 copper pennies are certified! Additionally, watch out for fake 1942 copper pennies that are actually just copper plated steel pennies of that same year. There are lots out there. I began coin hunting in November 2017, not knowing much about the hobby and only gained interest when I found a 1943 steel cent, then researching only to find that it was only worth a couple of cents if that. The set includes detailed instructions, a 12-page booklet of Lincoln trivia, and a genuine 1943 steel penny (produced for only one year to conserve copper during WWII). BOSTON (AP) — A rare 1943 bronze Lincoln penny has sold for more than $200,000 at a Florida auction. just plain old - Answered by a verified Antique Expert. They should have never been made. "The copper has such a different sound than zinc pennies do," Henry said. The Mint did this in 1943, when the government needed copper for the military during World War II. Other genuine examples of the 1943 Lincoln copper penny have been found, including 10-15 from the Philadelphia Mint, a half dozen from the San Francisco Mint and one from the Denver Mint. In 1947, 16-year-old Don Lutes Jr. 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. The popularity for the new Wheat Penny is what led to its long-running 50-year life. please see attacked images and please give me an answer. 5% zinc and 2. Sometimes 1943 steel cents were copper plated to fool an unsuspecting buyer, but these can be detected by weight (see below). If I can hand someone 50¢ in exchange for $1, I would be interested in doing that many more times. Asked if they were re-plated and he said he had no idea since they only sat in his safe. Because the 1943 penny is so valuable, many counterfeits have been made by coating pennies with copper. You have no items in your shopping cart. " please be informed. Just recently, a rare 1943 copper penny was auctioned for a million dollars, which is, of course, a staggering amount of money for most people. Since the value of these rare pennies are no joke, there are people who will produce counterfeit 1943 pennies which are actually just steel coated in a very thin layer of copper. From the standpoint of transparency, we have been overwhelmed with the amount of full, 20 ton truckloads of copper pennies, that these large-scale buys have tied up the majority of our sorting operations. The Death of the Penny - US Mint to Cease Penny Production in 2020. A couple have been found in circulation and are worth over $9,000. 7 million at auction the Mint steadfastly denied any copper specimens that had been struck in 1943. The title of the article should have been: "RARE and VALUABLE penny to be auctioned after it was found in 1947 and held all these years. Make sure your 1943 copper pennies are certified!. Of course this figure doesn’t reflect the mint proofs that could have been minted that year at the San Francisco mint and only includes the amount of 1943 S Wheat Pennies that were poured into circulation. Remotely possible there may be one or two out there, but very doubtful. I have been trying to add on to his collection recently and while trying to fill the 1975- 1985 D Lincoln cent book, I have come across a penny without a premade space. I also found a few 1943 steel pennies. Buy & Sell This Coin. 1943 Copper Penny The Second World War meant big rationing on copper, and the US Mint was no exception. Heritage Auctions says more than 30 people bid on the rare coin Thursday night. I find it interesting that many pennies were made of copper and are different than the other coins we have. The double die errors have continued, with the most recent example being the 1995 errors. Rare penny found among lunch money change could go for up to $1. 1943 Copper Penny. 069 inch (1. The copper cents differ from their steel counterparts in four ways: Genuine 1943 copper cents will not be attracted to a magnet. The 1943 copper wheat penny is an extremely rare coin. Collectors discovering Indian pennies find many dates of the series readily available and easy on the budget. Zinc is much less expensive than copper. Have You Ever Seen a 1943 Silver Penny? - What's in your wallet? After watching this video, I guarantee you will think twice before tossing out those annoying pennies! It is said that these zinc coated steel pennies are not worth much because there were so many made back in 1943 - even so, o. Me: you think 4 wheat pennies enders is good sorry for bursting you bubble but I found 3 Indian head from the 1900's twice in a row. There are only a few known to exist, but it is believed that there may be more out there. The nickels from the same time period were made out of silver. Copper is found throughout the body; in hair, nails, blood, urine, and other tissues. In this guide, I cover seven valuable pennies that are still found in circulation today. Copper plated zinc coated steel cents are all over the place and a magnet detects them. You'll need about 151, pre-1982 pennies to make a pound of copper. The popularity for the new Wheat Penny is what led to its long-running 50-year life. The counterfeit coins were originally introduced as a novelty item, but some have remained in circulation. Low relief copper and brass clad steel coins have been utilized in West Germany for many years and, in the United States, the cupro-nickel clad copper coins are now widely accepted. I would love to know what the total amount of silver found was. As Canada stops minting pennies, TIME takes a look at the copper coin's rich, trivia-filled history 1 of 10 The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all. The total mintage of the top 20 rarest pennies is a surprising 5,720,028 coins. There is a big difference in values listed and prices that can be realized. The coin comes up for sale so little, that most have pedigrees. If your coin is copper, it cannot be magnetic. 7 million at auction the Mint steadfastly denied any copper specimens that had been struck in 1943. Value 40,000 | eBay. Any kind of treasure hunt is easier and more fun when you have a map to guide you, so I've drawn up a list of 10 of the more intriguing coins you have a realistic chance to find-today, this very minute-in the change in your pocket or purse. This is not the first time that zinc has been used in pennies. How Much Copper Is There In A Piece Weighing 200 Pounds? Chemistry. From the little bit of copper left in the hopper, about 40 bronze 1943 Lincolns were minted. About 40 1943 copper cents are estimated to remain in existence, and only about a dozen confirmed to exist. But newer pennies are made mostly of zinc. The expensive metal makes up just 2. There’s one penny which is probably less attainable than the 1943 copper pennies out there. Copper Penny Melt Value Calculator, located below, will help you in finding the total copper value and total copper content of your pre-1982 United States Lincoln 95% copper cents. " So a total of 17 from all three mints. Inflation has destroyed the value of nickels and dimes as well as pennies. 00 PENNY NETS 8 MILLION! 1943 COPPER. I am not a coin collector until my friend show me she found a 1942 wheat penny, thats when i start looking for one too. There were a bunch of others out there and the place got hit hard. BOSTON (AP) — A rare 1943 bronze Lincoln penny has sold for more than $200,000 at a Florida auction. 1943 Bronze Lincoln pennies have been discovered, including the one found. The Mint has been researching new mixes of metals since 2010. My dad gave me his penny collection from when he was a kid. in his school cafeteria in March 1947, according to Sarah Miller of. Proof coins relatively often found are listed, but the absence of a mention does not mean that a proof of that year does not exist. Heritage Auctions says more than 30 people bid on the rare coin Thursday night. I usually have many dates available, often in a variety of grades and prices for collectors at all levels. Hi guys, I try to plate with nickel solution and all i get is a nasty black-green (corosive) colour and all that bubbles in nickel solution and that foam. The copper on that penny maybe as old as the pharaohs, because copper has an infinite recyclable life. However, don't let that stop you from looking. However, many zinc pennies have been produced since 1982 which are currently worth less than their face value in metal content. The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. So for the past 30 years, pennies have been made with an alloy comprised of 97. The planchet could have been left over from 1943, or it could have been a blank intended for a 1944 Belgian 2-franc coin made by Uncle Sam, Weinberg said. There are several clues which can be used to confirm that a 1943 copper penny is genuine. But we also found 1 1943 COPPER penny. Condition Grades. 7 million by Legend Numismatics of Lincroft, New Jersey. Average coin roll hunter you tuber: well I found 10 flying eagle cents. When a different 1943-S Lincoln bronze cent was graded AU-53 by Numismatic Guaranty Corp. The Canadian penny calculator shows the total copper value and total copper content derived from the amount of copper contained in uncirculated Canadian pennies that have no wear. $1,700,000. I told her about the 1943 copper pennies and now they're on her radar. Jul 18, 2019 · Only a handful of these bronze pennies have been discovered, including the one found by Lutes. In recent years a "1943 S" (San Francisco Mint) copper coin has gone for about $60,000 dollars at auction. Other pennies have had their copper plating removed by acid or have been contaminated by mercury or solder. The place is still producing too. The price of copper has more than quadrupled over the past 10 years. com), “only 10 1943 copper cents have been traced, along with a single D-mint example and six S-mint coins. Or worse, they pile up in your cup holder and start getting sticky. They missed some because 1943 copper cents were later found in circulation. Like the 1944 silver penny, the 1943 copper penny is quite rare, with fewer than 50 ever made, and only about a dozen that have been located. Get the best deal for US Small Cents Mixed Lots from the largest online selection at eBay. 00 PENNY NETS 8 MILLION! 1943 COPPER. Anyone interested in coins knows about them, and since the wheat-backed cents are actively sought generally, a 1943 would immediately attract attention. I also found a few 1943 steel pennies. These were so incredibly rare, that people began copper plating the steel ones and passing them off as copper 1943 pennies. 025mm thick, vastly reducing the percentage of copper contained within the coin. I began coin hunting in November 2017, not knowing much about the hobby and only gained interest when I found a 1943 steel cent, then researching only to find that it was only worth a couple of cents if that. But newer pennies are made mostly of zinc. A rare coin found by a high schooler in his lunch money has been valued at almost $1. For one year, 1943, the penny had no copper in it due to the expense of the World War II. At Coin Values, we are always staying on top of the latest changes in coin prices, and we have a list of the top 25 most valuable pennies. If you have performed the test linked above, and you truly believe your 1943 Lincoln penny is the rare copper variety, you need to have it authenticated by a professional. Well there has been different trends for it like the last time the maximum amount of money which were How Much Is. A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. The copper cents differ from their steel counterparts in four ways: Genuine 1943 copper cents will not be attracted to a magnet. According to the Heritage auction site (ha. Question 6 of 25 0. 1943 copper Lincoln penny is one of the most sought-after coins—about 40 have been found. The acid found in tomato ketchup will help to remove any oxidation that has formed on the currency. Today all the pennies are made primarily from copper plated zinc. Not sure what Crawford did with his coin. The coins on this list are some of the most valuable Canadian coins in the world. 25 million shells. CoinTrackers. Copper plated zinc coated steel cents are all over the place and a magnet detects them. How many 1943 copper penny keyword after analyzing the system lists the list of keywords related and the list of websites with related content, in addition you can see which keywords most interested customers on the this website. In pre-1982 pennies that percentage was 95% copper, 5% zinc. We went through all the pennies, and some of them date back to 1903. “1943 copper cents have a special cachet with collectors. 069 inch (1. When a different 1943-S Lincoln bronze cent was graded AU-53 by Numismatic Guaranty Corp. These pennies have been selling at a premium due to their scarcity. In fact, pennies minted after 1982 consist of a copper "coating" on a core that is comprised of an alloy containing both zinc and copper (the core is mostly zinc, however). Copper in the USA: Bright Future - Glorious Past. The quarter, short for quarter dollar, is a United States coin worth 25 cents, one-quarter of a dollar. The first copper penny was the famous Cartwheel Penny struck by Matthew Boulton at the Soho Mint, Birmingham in 1797, during the reign of George III. Among those many pennies was an actual 1943 STEEL penny. That is the strongest possibility for this planchet’s origin if this is indeed the 98 percent copper alloy noted. Many folks visit Coin Values asking about the value of their old wheat cents. Browse your favorite brands affordable prices free shipping on many items. one-cent coins that were struck in steel due to wartime shortages of copper. Warning: Many 1943 Copper Pennies are fakes. The planchets were identical. I am not a coin collector until my friend show me she found a 1942 wheat penny, thats when i start looking for one too. Some 1944 copper cents have been zinc plated. In 2010, a 1943-S graded MS62BN sold for a world record price for any U. Jan 09, 2019 · Rare coin found in teenager's pocket change could fetch a pretty penny at auction. Finding rare pennies in your box of old coins is well, rare. After 34 years, a 1982-D Small Date cent struck on a 95-percent copper-alloy planchet has finally been found and confirmed by me. Their collection value makes 1943 copper pennies a prime target for counterfeiters: fakes are often made by coating steel cents with copper or altering the dates of 1945, 1948 and 1949 cents. Mint decided to use steel instead of copper because they needed the copper for military equipment during World War 2. Got a 1943 copper penny? Don't spend it. Search: Search 1962 d penny ebay. These are extremely rare compared to a steel version you might have. Calculate by quantity, rolls of pennies, face value, or total weight. How Much Is A 1944 S Wheat Penny Worth? The 1944 S Wheat Penny is worth between. A penny found by a Massachusetts teen and which was mistakenly made from copper in 1943 is considered so rare that it is likely to fetch up to $1. planchets shipped to the U. A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. Turn Copper Pennies Into Silver and Gold [Chemistry Trick]: In a display of alchemy we turn copper pennies into silver and finally to gold. In 1943, most pennies were made out of steel since copper was needed for World War II, so the 1943 copper penny is ultra-rare. Get the best deal for 1943 Lincoln Wheat Copper Small Cents from the largest online selection at eBay. Take a magnet to it. I have to share this devastating news. 7 million dollars!. 1943 copper Lincoln penny is one of the most sought-after coins—about 40 have been found. Small cents, by the way, are 19. Benson said another 1943 bronze cent from Philadelphia was given to a woman in Boston by the Philadelphia Mint superintendent. From the standpoint of transparency, we have been overwhelmed with the amount of full, 20 ton truckloads of copper pennies, that these large-scale buys have tied up the majority of our sorting operations. Today, not much is available to buy with a penny; so many people tend to toss them into a jar, saving them until they are worth dollars. Only the rather common zinc plated steel 1943 pennies are magnetic, and they would only be worth about 25 cents in circulated grade. 26 mm) and a thickness of. The copper on that penny maybe as old as the pharaohs, because copper has an infinite recyclable life. The truth would surface many years later, long after legitimate specimens had become well-known in the numismatic community. For one year, 1943, the penny had no copper in it due to the expense of the World War II. Image via Flickr/P Lo. Anyone interested in coins knows about them, and since the wheat-backed cents are actively sought generally, a 1943 would immediately attract attention. All the pennies in 1943 year were supposed to be minted as the steel pennies or war pennies. Copper prices have sharply risen in recent years, and many people are considering saving copper coinage to combat potential inflation. Small cents, by the way, are 19. The "most famous" coin is one of 20 accidentally minted copper coins, whose existence the government even denied for years. I return to the bank my regular pennies, but save the copper pennies in coffee cans. In a nutshell I have almost $500 dollars in copper pennies (not counting wheat backed ones) and I currently have them stored loose in my garage in a 55 gallon metal drum (not on a pallet). 1943 S Lincoln Wheat Cent Steel Cent: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Copper was first used by humans more than 10,000 years ago. The penny was erroneously made of bronze instead of zinc-coated steel at. The American Numismatic Association reports less than 50 of the 1943 copper-alloy cents are known to exist, according to the U. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. 15 cents and $8. Then after 1982, the compostion was 97. If I can hand someone 50¢ in exchange for $1, I would be interested in doing that many more times. What Is the Rare Penny of 1943? The 1943 copper-alloy cent is rare because, due to rationing for World War II, the vast majority of pennies struck that year were made of zinc-coated steel. I mean now we have reports of more than 40 1943 copper cents authenticated by trustworthy TPG's could the mint really have been dumb enough to leave that many copper blanks in the hopper?!? Oh well, im just going to send it in anyway. 25 million shells. Some of the original "Steelies" were taken and dipped in copper after the war as a novelty item, then used by mistake and have become mixed in with legitimate Lincoln cents. If your pennies have some wear due to circulation, they will not contain as much copper. How much zinc in pennies 2004. The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The big-ticket coins were minted. Among those many pennies was an actual 1943 STEEL penny. If I can hand someone 50¢ in exchange for $1, I would be interested in doing that many more times. In 1996, another went for a whopping $82,500. Not sure what Crawford did with his coin. 5 lbs of pure copper in the 200 lb chunk What Is The Value Of A 1943 Copper Penny? Collecting. Coin analysts suggested that copper plates might have been tested or mixed in with other steel. A few 1943 coppers have each been PCGS- or NGC-certified more than twice. Anyone interested in coins knows about them, and since the wheat-backed cents are actively sought generally, a 1943 would immediately attract attention. The Mint has made pennies of 98. Or worse, they pile up in your cup holder and start getting sticky. These really "Fresh" Errors are from a collection put together in the late 1960's. I remember the prices from the P (Philadelphia) mint ranging from around $10,000 many years ago to $73,000 in recent times. I was shock i found a 1943 copper penny. Because the 1943 penny is so valuable, many counterfeits have been made by coating pennies with copper. Many have survived being used as weights for kitchen scales, and thus battered and worn. If its a rare 1943 Lincoln penny that was accidentally made from bronze instead of zinc-coated steel … well, then it's worth about $1 million. Nonetheless, on October 8, Kosoff wrote: "It would be of prime importance to determine, beyond any. Collecting Rare Pennies Today. Question 6 of 25 0. Copper pennies are not for everyone. I have two different 1983 Lincoln pennies with no marks. A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. So for the past 30 years, pennies have been made with an alloy comprised of 97. (stupid thing called work got in my way) This is just what I found. What I do know is that at least three people have found copper 1983 P or D cents after they read about Crawford's find in my book. The highest amount paid for a 1943 copper cent was $82,500 in 1996. I believe that was with only four hunts in that 7 days, but it may have been five. Photo By Heritage Auction Galleries. The coins on this list are some of the most valuable Canadian coins in the world. I was shock i found a 1943 copper penny. In general, to create coins, the Mint puts round metal slugs called planchets through presses. BOSTON (AP) — A rare 1943 bronze Lincoln penny has sold for more than $200,000 at a Florida auction. A rare one penny piece has been sold for £72,000, smashing the world record for most expensive copper coin. Of course this figure doesn’t reflect the mint proofs that could have been minted that year at the Denver mint and only includes the amount of 1943 D Wheat Pennies that were poured into circulation. The first copper penny was the famous Cartwheel Penny struck by Matthew Boulton at the Soho Mint, Birmingham in 1797, during the reign of George III. I have a bunch of the steel pennies that I found as a kid (1970’s) - I collected coins, so my mom and sister would let me go through their change. 5 percent zinc and 2. Frith has found other rare and valuable coins and other rare items during his lifetime, including a rare U. For decades, the U. 7 million at auction the Mint steadfastly denied any copper specimens that had been struck in 1943. A rare copper penny, considered a 'holy grail' in coins, has been found in a boy's lunch money. The cent's symbol is ¢. That is the 1943 copper penny. It mentioned that 5 have been discovered, and said if you found one, it would be worth $10,000 Seems I was making about 25 cents per hour plus room and board, I was fascinated with the thought of finding one. America's isolation from war ended on December 7, 1941, when Japan staged a surprise attack on American military installations in the Pacific. "The most valuable Lincoln cent sold privately in 2010 for $1. It has a diameter of. I find it interesting that many pennies were made of copper and are different than the other coins we have. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. Coin analysts suggest that copper plates may have been tested or left mixed amongst the other steel. Be careful though there has been many fakes. There are approximately 181 copper plated zinc pennies in a pound. WHOLESALE PRICE LIST OF MAJOR MINT ERROR COINS & CURRENCY We proudly offer many dramatic & very Rare Type coins, and more current Errors (1960's + 1970's) that have not been on the market for 20-30 years. 1 millimeter diameter pennies that have been produced by the United States Mint since 1856. Almost anywhere in this world, penny or one cent coin has been stop production because it has no more value. How many 1943 copper penny keyword after analyzing the system lists the list of keywords related and the list of websites with related content, in addition you can see which keywords most interested customers on the this website. Wing took the coin to his local coin dealer , who made him a very generous offer for the time, $500, but Wing said he didn't want to sell the coin. Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because they're so very rare. "The copper has such a different sound than zinc pennies do," Henry said. However, many zinc pennies have been produced since 1982 which are currently worth less than their face value in metal content. I am not a coin collector until my friend show me she found a 1942 wheat penny, thats when i start looking for one too. The copper on that penny maybe as old as the pharaohs, because copper has an infinite recyclable life. Because the 1943 penny is so valuable, many counterfeits have been made by coating pennies with copper. There is not very many of the 1943 Wheat Pennies circulating in existence today and the ones that are, are expected to fetch around $100,000. What happened?. Small cents, by the way, are 19. After 1857, nickel was mixed with the more expensive copper. 5 percent zinc and 2. Government halted the minting of copper-coated. 7 million by Legend Numismatics of Lincroft, New Jersey. Then It Sold for $204,000 at Auction The one-cent coin is one of 20 pennies minted by accident by the US government. So for the past 30 years, pennies have been made with an alloy comprised of 97. About a dozen were made at the Philadelphia mint. In 2010, a 1943-S graded MS62BN sold for a world record price for any U. Over the years we have been coin dealers we have had many people tell us about 1933 pennies they have found. Copper pennies from 1943 are some of the most valuable coins on the market. The weight is 3. Copper was first used by humans more than 10,000 years ago. In this first blog of our 2-part series we help you organize your saleable copper pennies, including the zinc-coated steel cent shown above. It's not a lot of cash, but I can't tender them at any reputable place without offending anyone due to their filthiness, and I can't put them in. Miller said 10 to 15 of the 1943 copper pennies exist today. ORLANDO (CBSMiami) — A rare penny that was found in a teen’s cafeteria change in 1947 is being auctioned off this week in Florida. Heard about the rare 1943 penny worth 6 figures? How to tell if you have one, how to find it (and other rare pennies) & how to spot a fake 1943 copper penny. It seems that copper was critically needed for the war effort. 1943 Copper Penny The Second World War meant big rationing on copper, and the US Mint was no exception. Indeed, from 1793 to 1837, a cent was pure copper. Then i start researching how much penny are worth. If it's a 1943 copper penny, it could be worth as much as fifty thousand dollars. In 1943 there were 217,660,000 1943 D pennies minted in all. Though pennies today are relatively minor in terms of actual value, this hasn't always been the case; and, in any event, all savings have to start small. Coins with these designs have been found since the early 2000s but also have been found on more recently minted coins. Are any of the Wheat pennies worth anything other than the 1943 copper. I was going through some pennies when I found a 1943 copper wheat penny. What Is the Rare Penny of 1943? The 1943 copper-alloy cent is rare because, due to rationing for World War II, the vast majority of pennies struck that year were made of zinc-coated steel. And many of them have come into being during the last 30 years. there are only a handful of known genuine 1943 copper pennies. The new fad on ebay is bank wrapped rolls showing a key or semi-key date on the end, and the old fad is pointing to their (the seller's) feedback on how many key dates that have been found in the rolls they are selling. Two have been found. The counterfeit coins were originally introduced as a novelty item, but some have remained in circulation. For the 1944 steel cents, I believe there have only been less than five found. That year, the US Mint switched to making pennies from zinc-coated steel instead of 95% ­copper/5% zinc and tin, but by mistake some copper pennies still were made, and those may be worth $25,000 to $100,000, or even $2 million in pristine condition. Steel is an alloy of iron with small amounts of carbon (and trace amounts of manganese). Heritage Auctions says more than 30 people bid on the rare coin Thursday night. In fact, pennies minted after 1982 consist of a copper "coating" on a core that is comprised of an alloy containing both zinc and copper (the core is mostly zinc, however). 1943 Silver Wheat Penny Value - Here's How To Tell The Difference Between A Rare 1943 Copper Penny And A Common 1943 Steel Penny A list of the most valuable pennies that you should be looking for in your change. For one year, 1943, the penny had no copper in it due to the expense of the World War II. Copper was first used by man over 10,000 years ago. What needs to be remembered, though, is that 1943 steel Pennies are not rare - in fact, they are quite common, with more than 1 billion produced across all three mints operating in 1943: Philadelphia , Denver (D), and San Francisco (S). The American Numismatic Association reports less than 50 of the 1943 copper-alloy cents are known to exist, according to the U. All marinated in a tomato soup/oil/vinegar/sugar concoction, overnight. Buy & Sell This Coin. I think a lot of these visitors believe they've hit the jackpot when they find an old Lincoln wheat cent in circulation and then come here wanting to know whether their 1941 penny is worth either hundreds of dollar or thousands of dollars. I have two different 1983 Lincoln pennies with no marks. The only coin that has seen the United States go through the Great Depression and two world wars has been the immensely popular Wheat Penny. A penny found by a Massachusetts teen and which was mistakenly made from copper in 1943 is considered so rare that it is likely to fetch up to $1. There are a few copper cents that the last digit has been change but they kind of stick out. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. But in 1942, the U. The 1943 S Wheat Penny was minted in 1943 at the San Francisco California mint. You have no items in your shopping cart. However, don't rule out the possibility, at least until the over one million collectible coins given to retailers across the country by US coin dealers in honor of the 96th National Coin Week (April 21, 2019 to April 27, 2019), have been discovered. The highest amount paid for a 1943 copper cent was $82,500 in 1996. The first copper penny was the famous Cartwheel Penny struck by Matthew Boulton at the Soho Mint, Birmingham in 1797, during the reign of George III. Well there has been different trends for it like the last time the maximum amount of money which were How Much Is. Simply gather $8. In general, to create. When a different 1943-S Lincoln bronze cent was graded AU-53 by Numismatic Guaranty Corp. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. 5 percent zinc and 2. I am not a coin collector until my friend show me she found a 1942 wheat penny, thats when i start looking for one too. Simply gather $8. If I can hand someone 50¢ in exchange for $1, I would be interested in doing that many more times. Among those many pennies was an actual 1943 STEEL penny. Today's penny is made up of 97. Of course this figure doesn't reflect the mint proofs that could have been minted that year at the San Francisco mint and only includes the amount of 1943 S Wheat Pennies that were poured into circulation. Nonetheless, on October 8, Kosoff wrote: "It would be of prime importance to determine, beyond any. “Wheat Back”, Lincoln Head pennies are still found in loose change from time to time. The quarter, short for quarter dollar, is a United States coin worth 25 cents, one-quarter of a dollar. 7million, following the owner's death. It mentioned that 5 have been discovered, and said if you found one, it would be worth $10,000 Seems I was making about 25 cents per hour plus room and board, I was fascinated with the thought of finding one. On occasion, you'll find a 1943 penny made up of 99% steel and the rest zinc.