1943 Copper Lincoln Penny Unc Vs. Steelies

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Author	Replies: 11 / Views: 3,757
dkralston New Member United States 9 Posts	Posted 02/25/2012 6:27 pm I was wondering if an uncirculated copper penny would be worth more or less than the steel ones that were made in 1943. Since copper was so rare that year, thus forcing the steel ones, shouldn't a copper one be worth more? (Obviously, the steel ones have great novelty value!) Thanks for your input! David Report this Post to the Staff

tights24 Pillar of the Community United States 2254 Posts	Posted 02/25/2012 6:39 pm I suggest you take this somewhere for authentication. Quote: 40 1943 copper-alloy cents are known to remain in existence. Coin experts speculate that they were struck by accident when copper-alloy 1-cent blanks remained in the press hopper when production began on the new steel pennies. A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. A subsequent piece sold for $10,000 at an ANA convention in 1981. The highest amount paid for a 1943 copper cent was $82,500 in 1996. 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. If it does not stick, the coin might be of copper and should be authenticated by an expert. Report this Post to the Staff
reupman Pillar of the Community United States 597 Posts	Posted 02/25/2012 6:44 pm if it were real id give $27,000 for it Report this Post to the Staff
tights24 Pillar of the Community United States 2254 Posts	Posted 02/25/2012 6:50 pm Quote: if it were real id give $27,000 for it That would be a pretty low bid and one that I wouldn't offer if it was not in a slab that I personally picked up from PCGS after authentication. But yeah, it's a rarity for sure and one that lots of folks would like to have. Report this Post to the Staff
dkralston New Member United States 9 Posts	Posted 02/25/2012 7:03 pm Well, it didn't pass the magnet test as suggested by tights24...oh well, nevermind, I guess! Thanks for all your excellent advice and suggestions. Report this Post to the Staff
silverguy Valued Member United States 109 Posts	Posted 02/25/2012 7:08 pm Was your Cent attracted to the Magnet or not? Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 02/25/2012 7:12 pm If the coin you show sticks to a magnet it is for sure not made of copper. The copper examples are all mint errors and can easily bring six figures. The steel examples are very common and can be easily bought by the roll. Report this Post to the Staff
silverguy Valued Member United States 109 Posts	Posted 02/25/2012 7:20 pm Like D0ubl3Eagle says, if it does not stick you may have something. Get it graded ASAP... Report this Post to the Staff
dkralston New Member United States 9 Posts	Posted 02/25/2012 7:32 pm It stuck, darn! (Thought I had something there for a second). This penny was found in my Mother's safety deposit box. Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 02/25/2012 7:33 pm That is too bad that it sticks. I was hoping that it won't. That's when it starts to get interesting. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 02/25/2012 8:15 pm I believe everyone was hoping you had found the holy grail of Lincoln Cents. It looked like a very good candidate to me from the photos and I am sure it is a little disheartening to know it has been plated instead of being an original copper 1943 cent. The $27,000.00 amount that was thrown out on this thread was a low ball offer as one in the condition that yours looks to be in would have been worth way North of that, I am guessing about 10x more. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 02/25/2012 9:57 pm I too was hoping you had one. I am a 43 Cent collector sort of. Presently have over 2,000 of them. I have 3 of the Copper plated ones like yours. Great conversation peice. I also have some that are Chome plated as well as the ones that are Zinc and some Tin plated. And a few just not sure of what they are coated or plated with. Keep yours looking that new and you too can have fun with telling people it's the real thing. Report this Post to the Staff
	Replies: 11 / Views: 3,757

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