Only a couple dozen pieces were made, and each is worth about $100,000. While 1943 copper cents weigh about 3.11 grams and don’t stick to a magnet, the more common steel cents (which weigh 2.8 grams) adhere to a magnet.
Does a 1944 steel penny stick to a magnet?
If your 1944 penny sticks to a magnet, it’s a steel cent and is rare. If your 1944 penny does NOT stick to a magnet, it’s made from copper and is common.
Are all steel pennies magnetic?
If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases. However, if your 1943 Cent does NOT stick to a magnet, this coin may possibly be genuine and should be researched further.
How much is a 1943 steel penny worth with no mint mark?
Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.
What kind of Penny is made of steel?
However, steel pennies are not actually silver, but steel. The steel cent has also been called a steelie or war penny. The steel cent is a Lincoln wheat cent minted at 3.11 grams. It has a composition of steel with a zinc coat giving it a very low metal value because of how inexpensive steel is worth.
Which is lighter a copper penny or a Steel Penny?
Steel 1943 pennies weigh just 2.7 grams each, lighter than the copper penny of 3.11 grams. It is also the only US coin to not contain any copper whatsoever. How much is a 1943 Steel Penny worth? Steel pennies are sometimes referred to as a silver penny. However, steel pennies are not actually silver, but steel.
How to tell if you have a 1943 Steel Penny?
How to know if you have a Steel Penny from 1943. On its back are two wheat leaves, appearing on either side of the central legend – which became known as the “wheat penny“. In the center, and in descending order appears the inscription “E-Pluribu-Unum“, “ONE CENT” and below “UNITED STATES OF AMERICA“. The coin was designed by Victor David Brenner.
Who is the creator of the wheat penny?
On its back are two wheat leaves, appearing on either side of the central legend – which became known as the “ wheat penny “. In the center, and in descending order appears the inscription “ E-Pluribu-Unum “, “ ONE CENT ” and below “ UNITED STATES OF AMERICA “. The coin was designed by Victor David Brenner.
