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1943 Copper Cent Makes News

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BadThad's Avatar
United States
19949 Posts
 Posted 09/21/2012  1:05 pm Show Profile   Bookmark this topic Add BadThad to your friends list Get a Link to this Message Number of Subscribers
Lincoln Cent Lover!
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mycrob's Avatar
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 Posted 09/21/2012  1:23 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Already being discussed in another earlier thread:
https://goccf.com/t/129923
Edited by mycrob
09/21/2012 1:23 pm
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jbuck's Avatar
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/21/2012  3:01 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Me wants that coin!
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 09/21/2012  4:17 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
WOW.. suppose you could find one of those in a roll..

Just a question... the ones that were found, were they just from the Denver and San Fran mints or, were any found from Philadelphia?
Edited by SHAFTA9a
09/21/2012 4:18 pm
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 09/21/2012  7:08 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
The first sentence of that article says the coin was a mistake. I thought they were planning on making them out of bronze until the war started. Does the article mean it left the mint by mistake, or am I wrong?
Thanks!
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biokemist6's Avatar
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12437 Posts
 Posted 09/21/2012  7:14 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
the ones that were found, were they just from the Denver and San Fran mints or, were any found from Philadelphia?


20 from Philly, 6 from San Francisco, and Denver is unique.

Quote:
I thought they were planning on making them out of bronze until the war started. Does the article mean it left the mint by mistake, or am I wrong?

They were struck on bronze planchets left in the bins from the 1942 mintage run. The Mint may have caught some of the off-metal errors before they entered circulation but they definitely did not catch all of them nor did they catch some of the 1944s struck on zinc-plated steel planchets.
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noahs-numismatics's Avatar
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 Posted 09/22/2012  10:07 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
OK! Thanks for the clarifiation!
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Bryan1315's Avatar
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 Posted 09/22/2012  5:41 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
my grandfather used to tell stories about the 1944 steel cent he had. he always told us that it was the one coin he wish he still had, he sold it for 150.00 probably in the late 50's. He would talk about how crazy it was for someone to pay 150.00 for a coin with a face value of 1¢ so when he was offered it he couldn't give it to them fast enough. He was a coin collector/hoarder but still he said he couldn't pass up that $149.99 profit. The only information available to them back then was in magazines and word of mouth so if you didn't read about it or someone you knew didn't you would have had no clue what it was actually worth. I am guessing 150.00 in the 50's was still allot of money for a 1¢ coin. But he still wanted another one probably to make $149.99 on again
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basebal21's Avatar
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 Posted 09/22/2012  5:52 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I think $150 in 1950 was worth about $1300 today, a far cry from the 1 million this one fetched but certainly a significant amount of money that would be hard to say no too
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nod2003's Avatar
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3294 Posts
 Posted 09/22/2012  6:43 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
the steel 1944s don't go for quite the same money though do they?
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 Posted 09/22/2012  7:48 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I've got a 1943 Cent collection of about 2,500 or more. 3 of them are those Copper plated ones. Impressive to show people for fun.
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Drsandman2's Avatar
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1374 Posts
 Posted 09/26/2012  9:03 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
Dang, Simpson has the unique D and examples from P and S. He needs his own Dansco.
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Bryan1315's Avatar
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14454 Posts
 Posted 09/27/2012  11:07 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
the steel 1944s don't go for quite the same money though do they?

No they don't. This wasn't a copper 1943 it was a steel 1944. It kind of seems like they should be as collectible but they don't have the same mystique to them and don't command the premium their copper counterparts with a date of one year earlier demands. In 2008 this MS-66 example sold for $373,750.00 http://coins.ha.com/c/item.zx?saleN...tIdNo=212001 so even though worth quite a bit it still falls short of the 43 copper Lincoln Cents. When my Grandfather had his the coin was only around 10 years old so I have no idea how popular they were back then as I know he also had a couple of 55/55 Lincoln cents frojm when he owned an ESSO service station that he said people used to cut out of the cellophane of a cigarette pack and throw on the counter or in the trash because a pack of cigarettes cost 24 cents and the cigarette machines didn't take pennies so what they had to put in the machine was 25¢ and the tobacco companies would put the one cent coin in the packs for the difference
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slickeast's Avatar
United States
45 Posts
 Posted 09/28/2012  4:34 pm  Show Profile   Bookmark this reply Add slickeast to your friends list Get a Link to this Reply
That 43 bronze sure is nice. I would love to have that in my collection. I saw a fake one in a coin shop one time. It was a copper coated steel.
Bedrock of the Community
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 Posted 09/28/2012  6:31 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
That 43 bronze sure is nice. I would love to have that in my collection. I saw a fake one in a coin shop one time. It was a copper coated steel.

As I mentioned I have 3 of those and they are really common. I've seen them at coin shows and at magic shops.
Today there are so many odd ball types of coins making the news, more and more of them are gaining popularity. Not long ago no one ever heard of the Aluminum Cent. And today it is known that there is a 1944 Steel Cent, a 1944D Steel Cent, the 1958D Wheat Back Cent, the famous 1922 Plain Cent and two headed and two tailed coins do exist.
The main thing about any of these is popularity. The 43 Copper Cent just made so much attention, it is way up there in value because of popularity.
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