1943 Steel Penny Worth Money

10 things you probably don t know about precious.

1943 steel penny worth money.

These are worth 5 cents to 10 cents. Steel pennies are a rarity in their own right more on that later but copper pennies from. When exposed to moisture the penny would start to rust. If it was in circulation long enough the zinc coating completely wore off and the steel underneath would start to show through.

Try sticking your 1943 penny to a magnet. A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents. To conserve copper for the war effort the country decided to strike all new pennies on stainless steel. Further authentication is required to see if it s a legitimate 1943 copper cent.

Even if your 1943 penny is made of steel it could be worth more than its face value. Most 1943 steel pennies that you ll find in circulation are pretty well worn and many that are worn exhibit rust. 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 uncirculated 1943 steel penny value usually ranges from about 1 50 to 5.

These are worth less than a dollar but nice mint. 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. As the 1943 steel pennies circulated the zinc coating started to turn dark gray and almost black. 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.

If your 1943 penny sticks to the magnet it is a common steel cent and not worth the big bucks. A regular 1943 steel penny is worth only a few cents. The then 16 year old lutes.