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Replies: 25 / Views: 5,460 |
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Valued Member
Canada
306 Posts |
Hi, I live in Ottawa Canada and I just found a 1943 steel penny in a Canadian penny roll.  Since I do not live in the United States I have no idea how uncommon these things are in US circulation or in US penny rolls. (more common than in Canada I would think!  ) Has anyone (or anyone you know) found one in a roll or in change recently? I know they were hated by many when they came out and a bunch of them got melted in the 1960s.   Edited by CanadianCollector 07/27/2012 02:10 am
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Pillar of the Community
United States
4132 Posts |
They're rare in circulation because we don't have any magnetic coins so they get caught in the "foreign" coin traps in coin counters and such. The only time I ever got one in change was in ... Windsor, Ontario!
They're not a rare coin collecting-wise though; they had large mintages and were widely saved because of the novelty.
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Pillar of the Community
United States
538 Posts |
I've only seen 2 or 3 ever in circulation. But captain is right they aren't super rare in collections. I have a full mint mark set in a lens (pretty sure they were replated but I wanted them to admire their beauty and novelty as well as the history behind them more so than for their value).
I also have a replated 43S to look like a copper just for fun lol. I feel like they made a lot of novelty versions of these.
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Pillar of the Community
United States
3345 Posts |
Ive only ever found one in a box, they get caught in the magnets in the coin counters.
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Bedrock of the Community
 United States
12819 Posts |
I've never found one in a box/roll, probably for reasons mentioned above. Only one I found in the wild was actually in my girlfriend's change.
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Bedrock of the Community
United States
20753 Posts |
Haven't seen one in circulation for a long time. Haven't even heard of people finding them in change. So many have been replated with almost anything possible for sales and fun. I've got almost a roll now of the Chromed ones. Only 3 of the Copper plated ones. Many of the Zinc and Tinned ones. As to them being melted, I've never heard of that since they are mostly Steel and don't melt easily.
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Pillar of the Community
United States
2224 Posts |
I've found a few of them in rolls over the years (five in one box once a few years back). Got one in a roll about a month ago. They had a huge mintage, so they are not valuable in circulated condition.
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Valued Member
 Canada
306 Posts |
I read online somewhere that the mint took a bunch of them back in the 1960s and melted them. I know they had a huge mintage and aren't valuable, but I never expected in a million years to find one in a Canadian roll. I think they don't stay in circulation long due to their distinctive colour.
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Pillar of the Community
United States
959 Posts |
In the last five years, and 10's of thousands of cents, I've come up with 6 or so. As a kid back in the '60's I used to buy them for a dollar a roll from a teller; a days works for a kid back then.
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Pillar of the Community
United States
959 Posts |
Quote: As to them being melted, I've never heard of that since they are mostly Steel and don't melt easily.
I had heard years ago that the government was dumping them in the ocean to get them out of circulation. Don't know if it is true or not.
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Pillar of the Community
United States
1054 Posts |
I've been given steelies in place of dimes before. They're not totally rare, but they don't come up often.
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Valued Member
United States
344 Posts |
 I have never seen one in circulation. However my B&M dealer has a whole tub of them for the pickens.
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Pillar of the Community
United States
965 Posts |
I have NEVER found one in change before, nice finds 
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Pillar of the Community
United States
1195 Posts |
found one a while back in a roll, it's still sitting raw on my desk.
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Pillar of the Community
United States
1770 Posts |
i once found 22 of them stuck to the magnet on the coin counting machine, never found one in change though
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Pillar of the Community
United States
965 Posts |
Really monks! that desrves  and 
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Replies: 25 / Views: 5,460 |