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1943 Steel Penny

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New Member

United States
7 Posts
 Posted 09/20/2006  12:20 pm Show Profile   Bookmark this topic Add bigtrain0 to your friends list Get a Link to this Message Number of Subscribers
Is this rare or was it caused by the war efforts back then?
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jcook54's Avatar
United States
533 Posts
 Posted 09/20/2006  12:44 pm  Show Profile   Bookmark this reply Add jcook54 to your friends list Get a Link to this Reply
Kinda neat, but not rare. I personally get these and hand them out to my younger relatives to maybe get them interested in numismatics someday. Yes, it was to preserve metals for the war effort.
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fengk's Avatar
United States
986 Posts
 Posted 09/20/2006  12:50 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
Nope, not rare if it's a steel penny. Could still be worth a bit if it grades high. Can you post a picture so we can see what condition it's in?
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 09/20/2006  1:11 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
As a side note, the steel cents of 1943, while certainly not rare, are very difficult to find in brilliant uncirculated condition. The zinc coating was applied to the planchet before striking and therefore didn't seal the steel very well. As a result, most of these that you see will either be somewhat rusty or will have been recoated. Recoated cents are easy to identify as there is no true luster on these, just a high, even shine. Also, many people recoated worn steel cents, so you can often tell that it's coated just from the details.
New Member
United States
7 Posts
 Posted 09/20/2006  1:13 pm  Show Profile   Bookmark this reply Add bigtrain0 to your friends list Get a Link to this Reply
Yes, I will post a picture bit it, may take me a few days. I have to go back to my mother's house. She has all the coins put-away, but I will get it on here to look at. Thanks for the help.
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Metalman's Avatar
United States
7123 Posts
 Posted 09/20/2006  2:22 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi bigtrain0

There are also a couple of varieties within the 43 steel cents that are worth taking a look for !!

the 43-D/D jumps readily to mind !!

We will be watching for the pics,, and welcome to the forum !!

Rick
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sharktoy's Avatar
United States
129 Posts
 Posted 09/20/2006  2:30 pm  Show Profile   Bookmark this reply Add sharktoy to your friends list Get a Link to this Reply
what is a reprocessed steel coin? Silvertowne has these for sale.
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biokemist6's Avatar
United States
12437 Posts
 Posted 09/20/2006  2:56 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
quote:
Originally posted by sharktoy

what is a reprocessed steel coin? Silvertowne has these for sale.



A reprocessed one is a just a steelie that has been replated with zinc
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United States
604 Posts
 Posted 09/20/2006  5:00 pm  Show Profile   Bookmark this reply Add Buffaloboy5 to your friends list Get a Link to this Reply
To also tell how it's a reprocessed is by looking at the edge it looks thicker than other steel cents but since you don't have your steel cents just wait and compare to other cent rims you might see a difference
compare to another cent but it might not look any different but to me it does so post when you get your coins again


AND oh ya WELCOME TO CCF
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toast's Avatar
Australia
1091 Posts
 Posted 09/20/2006  7:31 pm  Show Profile   Bookmark this reply Add toast to your friends list Get a Link to this Reply
All the steel pennies combined had a mintage of 1,093,838,670.

Did they have a recall of these coins after the war?
And There were so many normal wheatbacks made but now not so common to find. Have these disappeared from circulation throught the efforts of collectors hoarding them or is there a recycle process going on?

I can't imagine that anyone would be sorting old pennies from new just to return them for reprocessing but since 1982 the weight of the penny is approximately 20% lighter, do they have a machine sorting the coins by weight in order to get older coins with more copper?
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Kyra's Avatar
United States
867 Posts
 Posted 09/20/2006  7:35 pm  Show Profile   Bookmark this reply Add Kyra to your friends list Get a Link to this Reply
It's fun when I'm running a bunch of cents through the coin counter and one jumps out and sticks to the magnet. Most of the time it startles me enough to make me jump! Almost all of the steel cents I've found are so rusty as to be almost indistinguishable from a regular wheatie at first glance. But I save them anyways, I think they're neat- I know there are lots of hoarders out there (Dad?) rescuing any and all wheaties from circulation.

Rachel
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/20/2006  8:48 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I never knew there was anything in the 43 cent series worth looking for, my grandfather gave me a 5 gallon bucket full of nothing but 43 steel cents. Maybe I need to pain stakenly look through them
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Gary Burke's Avatar
United States
3730 Posts
 Posted 09/20/2006  10:41 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I found a 1943 in circulation just recently. First time in years.

When I was a kid, I had them in my pockets all the time, and they were usually shiny.
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biokemist6's Avatar
United States
12437 Posts
 Posted 09/21/2006  11:18 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
quote:
Originally posted by toast

All the steel pennies combined had a mintage of 1,093,838,670.

Did they have a recall of these coins after the war?
And There were so many normal wheatbacks made but now not so common to find. Have these disappeared from circulation throught the efforts of collectors hoarding them or is there a recycle process going on?

I can't imagine that anyone would be sorting old pennies from new just to return them for reprocessing but since 1982 the weight of the penny is approximately 20% lighter, do they have a machine sorting the coins by weight in order to get older coins with more copper?



No, there was never a recall effort made by the Mint. Since they were only made for one year, the were considered a novelty item and hoarded in great numbers. As far a wheat ears go, same situation- collector hoarding has taken the vast majority of them out of circulation. They can still be found floating around in change with a bit of looking though.

Pre 82 cents are starting to disappear due to probable hoarding as well since the copper is worth more than face value. Another thing is the fact that most US households have change jars sitting around and the majority makeup of those change stockpiles- cents. I personally have over $50 worth of cents alone in my change jar (bucket actually). I am not sure if anyone is melting them yet or not as the price of copper isn't too much over face value- yet.
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