what is a 1943 silver penny worth

What Is A 1943 Silver Penny Worth? The value of a lightly circulated 1943 steel penny ranges from 20 cents to 50 cents. The uncirculated 1943 steel penny’s worth is generally in the neighborhood of $1.50 to $5. Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100.

How can I tell if my 1943 steel penny is worth anything? The easiest way to determine whether or not your 1943 Cent has collectible value—to see if it is possibly bronze rather than steel—is simply to test it with a magnet. If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases.

What year penny is worth $1000000?

The million dollar penny: Rare 1943 Lincoln cent bought by owner of the Texas Rangers for a cool $1MILLION.

What do I do if I have a 1943 copper penny?

The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper. If it does not stick, the coin might be of copper and should be authenticated by an expert.

How much is a 1943 steel penny worth with no mint mark?

The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. In very fine condition the value is around $0.35. In extremely fine condition the value is around $0.40. In uncirculated condition the price is around $8 for coins with an MS 63 grade.

Are silver pennies rare?

The “Silver Penny” Is Not Rare In order to save copper for the war effort, the United States Mint under the authority from Congress began making pennies from steel with a thin coating of zinc. This gave the penny a silver color instead of the normal orange/brown copper color.

What makes a 1943 steel penny rare?

1943: A Fascinating Year for Pennies The same year, an accident resulted in some of the pennies being struck in copper or bronze. These 1943 pennies are even more valuable than their steel counterparts because of the mistake and are among the most valuable pennies.

How much is a 1943-D copper penny worth?

How Much is it Worth? At PCGS the 1943 and 1943-S copper pennies are valued at $1 million each, while the 1943-D is listed at $1.5 million. But for a coin this rare, actual sales from auctions or private sales (when available) are the best measure of value, especially as these coins rarely come up for sale.

Is there a 1943 silver penny?

Coin collectors with change to spare will be able to own one of the rarest coins around, the 1943 silver penny. The 1943 penny is classified as an error coin because the U.S. Mint accidentally used the wrong type of planchet metal when striking the coin.

What penny is worth $50000?

The 1959-D wheat penny is one of the most controversial mule coins ever. It’s worth $50,000!

What are Lincoln pennies worth?

In fact, with the exceptions of major errors and varieties, no Lincoln wheat penny struck after 1933 is worth more than 10 cents in worn condition, and most are worth only 2 or 3 cents. Well-worn 1943 steel pennies often trade for 5 to 10 cents apiece in well-worn condition.

Which 1940s penny is worth the most?

Some 1940 Lincoln proof pennies go for $25 or more. In 2006, a 1940 Lincoln penny in mint state 68 Red was sold for $14 950, as per information from the Professional Coin Grading Service (PCGS). This guide discusses the 1940 Wheat penny.

What are the odds of finding a 1943 copper penny?

There are perhaps as many as 200 million normal pennies currently in circulation, so your odds of finding one of the 30 or so potentially floating around out there are one in fifteen million. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more.

What is a 1959 D mule penny?

In 1986, a retired police officer named Leon Baller announced that he bought a 1959-D Lincoln cent with a wheat reverse design. This type of coin is referred to as a “Mule,” since all 1959 cents should have a memorial reverse design. Baller claims he purchased the coin for $1,500.

What is a mule cent penny?

In numismatics, a mule is a coin or medal minted with obverse and reverse designs not normally seen on the same piece. These can be intentional or produced by error. This type of error is highly sought after by collectors, and examples can fetch high prices.

Why is the 1944 penny rare?

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

How much is a 70 year old penny worth?

The 1970 penny with no mint mark is worth around $0.65 in uncirculated condition with an MS 65 grade. The 1970 D penny is worth around $0.30 in uncirculated condition with an MS 65 grade. The 1970 S penny with the small date is worth around $55 in uncirculated condition with an MS 65 grade.

Which coin is George Washington on?

George Washington on the Quarter-Dollar A portrait of George Washington, our first president, graces the front of the U.S. 25-cent coin. The U.S. Mint first produced the Washington quarter in 1932 to commemorate the 200th anniversary of his birth.

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