1943 Penny - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 8 / Views: 2,036
Coin Star New Member United States 21 Posts	Posted 04/14/2010 6:49 pm First are they made of steel or something else and are they worth anything. I thought I should ask you guys because you are the experts. Report this Post to the Staff

wd1040 Pillar of the Community United States 3098 Posts	Posted 04/14/2010 6:51 pm 1. Yes, they are made of steel, coated with a thin layer of zinc. The zinc coating was really bad, and thus a lot of circulated examples are corroded. 2. Yes, they are worth at least a cent, but in this hobby everything depends on condition. Report this Post to the Staff
Coin Star New Member United States 21 Posts	Posted 04/14/2010 6:54 pm I was wondering because the one I have looks fine except for a spot on the head Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 04/14/2010 6:55 pm there was a few 1943 Lincoln cents that were made of copper that are really worth quite a bit but they are hard to find because they are considered a mint error. the normal steel cent can be found even in pretty nice grade pretty cheap because it seems allot of people put them up when they were first minted but even at that if they werent stored correctly they acquired problems with corrosion because the edge wasn't coated Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 04/14/2010 11:44 pm There are a lot of cleaned ones out there too.....to make the best bang for the buck, so to speak, even when relating to the Steel Cent of minor value. Shinier ones, to those who don't realize that it's likely just been cleaned/polished, bring a little more value to folks who think it is just in good uncirculated condition. But either way, IMHO, you don't want to pay very much for the average Steel Cent. (even in nice condition) I would value a common date Wheat cent or a Copper Pre-1982 Cent higher than shiny Steel Cent ! But having said all of that.....I "DO" like them, and think they belong in EVERYONE'S collection (obviously in a Lincoln album) ---but even separate from that....I have a coin tube of them.....I think they are obviously historical and "different" so.....it's all good......just don't pay too much for one in the future if you intend to buy more of them.....again just in my humble opinion ! Report this Post to the Staff
CoinNut Valued Member United States 58 Posts	Posted 04/21/2010 6:01 pm They are made of steel because the US needed the copper so they could make brass to make bullets for the war. A MS-65 in either mint should not cost you that much. NOW, a 1943 Copper cent will run you a pretty penny. The last one sold at auction for $207,000. If anybody ever trys to sell you a COPPER 1943, the first thing you do is stick a magnet to it. If it sticks to the magnet then you have a steel cent that has been coated in copper. If it does not stick the break out your checkbook baby!! Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 04/21/2010 6:06 pm Quote: If it does not stick the break out your checkbook baby! No so fast! Beware of an altered coin. Of course, one could assume that you had already checked out the coin for alterations before you could find a magnet! I mean, more people keep a loupe nearby than they do a magnet, right? Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
CoinNut Valued Member United States 58 Posts	Posted 04/21/2010 6:15 pm Well, if we are getting technical then I would actually have the coin sent to PCGS before I stroked a check for $200,000 Report this Post to the Staff
jbuck Moderator United States 187702 Posts	Posted 04/21/2010 6:19 pm In the end, that is probably the best call! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 8 / Views: 2,036

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.27 seconds to rattle this change.