Even a small magnet will easily stick to any 1943 penny made of steel. Before you read a dozen articles, go to five coin shops, and watch a bunch of youtube videos, just do the magnet test. It is as easy as this. If your 1943 penny sticks to a magnet then it is made of steel.
Are all steel pennies magnetic?
World War II pennies were made mostly of steel. … Pennies are made up of 97.5% zinc and 2.5% copper, and neither of those two metals are magnetic.
How much is a 1943 steel penny worth if it sticks to a magnet?
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 penny is worth $50000?
The 1959-D wheat penny is one of the most controversial mule coins ever. It’s worth $50,000!
How much are 1944 steel pennies worth?
The 1944 steel penny is worth between $75,000 and $110,000, depending on its condition. The 1943 copper cent — with only 40 made and 12 known to exist today — can command a price of around $150,000 to $200,000.
How many 1944 steel pennies are there?
There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. Just two 1944 San Francisco Mint steels are known. The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. The only other known 1944-S steel cent is in a PCGS genuine holder.
How do I know if my 1944 penny is steel?
It’s really easy to tell if you have a 1944 steel penny or 1944 copper cent:
- 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.
What pennies stick to magnets?
Copper Penny Counterfeits
The way to detect if your 1943 penny is made out of copper is by using a magnet. If the penny sticks to the magnet, it is made out of steel — not copper. Keep your eyes open for this rare penny — and you could be up to $200,000 richer if you find it.
What makes a 1944 wheat penny valuable?
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.
When did they stop making pennies out of copper?
The last mostly-copper cents (95% copper metal composition) were produced by the Denver Mint on October 22, 1982. The copper-plated zinc cent coins are still being produced today.
Why is the 1945 penny rare?
While 1945 pennies are not rare coins, they’re nevertheless worth more than face value (or 1 cent) — because they’re made from valuable copper. … 1945 penny (no mintmark, made in Philadelphia) — 1,040,515,000 minted; worth 2 to 5+ cents.
What year Penny is magnetic?
Copper Plated 1943 Fakes
Over time, people would find these copperplated steel pennies and think that they found a rare mint error. When they took these coins to a coin dealer, the coin dealer would hold a magnet over the penny, and the steel underneath the copper plating would attract the penny to the magnet.
How much does 1943 steel penny worth?
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.
What is the value of a 1944 wheat penny with no mint mark?
Yes. The 1944 Wheat penny without a mint mark is worth about 15 cents. One with a “D” mintmark in Extremely Fine condition could sell for about twenty cents. If it’s Uncirculated, expect it to be priced at around 35 cents.
What is the most expensive 1944 wheat penny?
Lacking a mint marking, as it was never meant to be released for circulation, the 1944 Steel Wheat Penny will set a buyer back $77,234 to $110,334, depending on the coins condition.
What is the most valuable steel penny?
25 Most Valuable US Pennies
- 1.) 1944 Steel Wheat Penny – Worth $110,334.
- 2.) 1943 Copper Wheat Penny – Worth $85,782.
- 3.) 1856 Flying Eagle Penny – Worth $25,000.
- 4.) 1873 Indian Head Penny – Worth $10,000.
- 5.) 1858 Flying Eagle Penny – Worth $10,000.
- 6.) 1857 Flying Eagle Penny – Worth $7,000.
- 7.) …
- 8.)
What is the rarest wheat penny?
Most Valuable Wheat Pennies
- 1944 Steel Wheat Penny – $500,000.
- 1943 Copper Wheat Penny – $100,000.
- 1914 D Wheat Penny – $10,000.
- 1922 D Wheat Penny – $6,000.
- 1926 Wheat Penny – $4,000.
How much is a 1943 steel penny worth in 2021?
How much is a 1943 steel penny worth in 2021? Coleccionistasdemonedas.com Estimated Value of 1943 Steel Penny is: In average grades can be found between $0.09 and $0.14. In high grades (MS67, MS68), Proofs, Uncirculated (MS+) or Mint Condition can be Worth until $21,275.
What is the weight of a 1944 Steel Wheat Penny?
1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin.
How much is a In God We Rust quarter worth?
How much is an IN GOD WE RUST quarter worth? Generally speaking, the value of the IN GOD WE RUST quarters is highest (worth $50 or more) for coins that are both: Uncirculated. Show no evidence of the first “T”
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. … In all cases, the coin was returned without being graded or deemed authentic.