Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.
How much is a 1943 steel penny no mint worth?
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.
How much is a 1943 Lincoln wheat penny worth?
The magnet test verifies rather or not a 1943 cent is made from steel or copper, not rather or not it is authentic. If your 1943 penny DOES stick to a magnet, it is made from steel and is worth 10 to 50 cents. If your 1943 penny does NOT stick to a magnet it may be a copper cent error that is worth $85,000 or more.
How can you tell if a 1943 Penny is the valuable bronze error?
How can you tell if your 1943 Penny is the valuable bronze error? Try picking your coin up with a magnet. If your coin is attracted to the magnet, it is made of copper-plated steel (a fraud). If the magnet does not attract your coin, it may be made of bronze and you should have the coin authenticated to determine if it is the “real deal”.
Is the 1943 copper cent a rare coin?
If a 1943 cent appears to be copper and it does not stick to a magnet, it should be sent in to PCGS for authentication. It is estimated that there are only about 20 examples known of the 1943 Copper Cents, therefore, making it a truly rare coin.
What’s the rarest wheat penny in the world?
The bottom left image is a 1948 wheat cent that has had the 8 in 1948 altered to look like a 3. And the bottom right image is the rare and authentic 1943 bronze wheat penny. There is perhaps no other coin in American history that is more discussed and has broken more hearts than the 1943 penny.