Knowledge Trivia Stuff

How much is a 1942 steel penny worrh. The answer depends on the composition of the 1943 penny.

1943 Steel Penny And Copper Pennies History Values And A Rare Variety

In 1944 the US mint accidentally produced some steel pennies.

What year was the steel penny made. The opposite case to the 1943 bronze coinage is the zinc-plated steel coinage the 1944 Wheat Penny. They are fairly common in nice condition since people tended to save them when they were first issued because they were unusual. In December 1943 it was agreed that these coins would be re-minted in bronze but some coin blanks were leaked with the new wedges and very few units were produced in the previous years material.

Ammunition required so much copper the US Mint had to find an alternative source for the penny thus the 1943 steel pennies. The 1974 aluminum pennies are not to be confused with 1943 steel pennies made during World War II when copper was needed for shell casings. The 1943 penny you have is actually made of zinc-coated steel.

A penny from 1943 minted that year was made out of steel with a zinc coating. Current model of the Lincoln cent has the Union shield on the reverse tail. This was because copper was heavily needed for war materials during World War II.

The steel cent was produced in 1943 with a few minted into 44 but none were made in 1942. The last year pennies were made of copper was 1982. This video will show you how to check for these rare coins.

Even though the history regarding the steel penny is interesting it does not have much value because it is still a very common coin over a billion coins were issued and most are worth a few cents each. A 1937 penny featuring King George VI The first Canadian cent was minted in 1858 and had a diameter of 1 inch 254 mm and a weight of 1100 pound 454 g. Some of the un-circulated ones can sell for a few dollars.

Scarcer than the 1943 Lincoln Steel Penny is the 1943 Lincoln Penny made from copper with an unknown coinage. 2 1944 Steel Wheat Penny 7500 200000. On occasion youll find a 1943 penny made up of 99 steel and the rest zinc.

Nearly all circulating pennies at that time were struck in zinccoated steel because copper and nickel were needed for the Allied war effort. The 1943 bronze Lincoln cent attracted nearly 30 bids and sold for 204000 in January according to Heritage Auctions the organization that conducted the sale. They are worth a lot of money.

However the penny composition material used to make a penny has changed over the years. The rare penny that most coin collectors would want to have been also produced in the year 1943 and its funny because that penny was. Because over a billion they are common in absolute terms but popular collectibles and therefore only rarely ever seen in circulation.

The then 16-year-old Lutes. It was minted in the three mints Philadelphia Denver and San Francisco. In addition it is called a Lincoln Union Shield cent.

Its a relatively rare coin because the Mint destroyed many of them. Steel pennies were minted in 1943. According to the American Numismatic Association the 1943 copperalloy cent is one of the most idealized and potentially one of the most soughtafter items in American numismatics.

Each is worth around 10 to 25 cents in typical worn grades. Is your 1943 penny rare. If the penny has a silver color it is made out of steel with a zinc coating to make it look nicer and protect it from rusting.