Steel Composite Penny
Zinc-coated steel was used as the substitute metal composition and hence the new silver-like coin is known as the wartime steel cent or steel penny. USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.21 in Average Condition and can be Worth $2.67 to $8.69 or more in Uncirculated (MS+) Mint Condition. 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. Grading a 1943 Steel Penny. There are few vintage coins as widely collected as the 1943 steel penny. This applies within and even beyond the numismatic realm. This unusual-looking Lincoln wheat cent is unlike any other United States one-cent coin. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. Zinc-coated steel was used as the substitute metal composition and hence the new silver-like coin is known as the wartime steel cent or steel penny. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.32 in Average Condition and can be Worth $3.14 to $11 or more in Uncirculated (MS+) Mint Condition.
Minted at: Philadelphia (No Mint Mark)
Metal Composition: Steel Coated Zinc
Mass / Weight: 2.7 grams
What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
![1943 Steel Penny 1943 Steel Penny](/uploads/1/3/7/1/137119999/893444762.jpg)
Good (G-4) | Very Good (VG-8) | Fine (F-12) | Very Fine (VF-20) | Extremely Fine (EF-40) | About Uncirculated (AU-50) | Uncirculated (MS-60) | Uncirculated (MS-65) | Proof (PR-65) |
---|---|---|---|---|---|---|---|---|
$0.16 | $0.21 | $0.32 | $0.37 | $0.42 | $0.53 | $2.67 | $8.69 | - |
USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.21 in Average Condition and can be Worth $2.67 to $8.69 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.
MELT VALUE: $0.0006
Even More Lincoln Wheat Cent Penny Years/Mints/Varieties
1944 Penny
1943 Steel Penny Error
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- Seller: OldCoinsNeedNewHome
Condition: AU - Seller: PennyPincher2020
Certification Agency: Other
Condition: BU - $3.00
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- Seller: parroro1628
Certification Agency: US Mint
Certification Number: Uncertified
Condition: Ungraded - $1.19Seller: VintageGuitarist
Condition: AVG. Circulated
![1943 Steel Penny 1943 Steel Penny](/uploads/1/3/7/1/137119999/856931636.jpg)
CoinTrackers.com has estimated the 1943 S Steel Wheat Penny value at an average of 65 cents, one in certified mint state (MS+) could be worth $25. (see details)..
Type:Steel Wheat Penny
Year:1943
Mint Mark: S
Face Value: 0.01 USD
Total Produced: 191,550,000 [?]
Silver Content: 0%
Numismatic Value: 65 cents to $25.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 65 cents, while one in certified mint state (MS+) condition could bring as much as $25 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1943, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Year:1943
Mint Mark: S
Face Value: 0.01 USD
Total Produced: 191,550,000 [?]
Silver Content: 0%
Numismatic Value: 65 cents to $25.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 65 cents, while one in certified mint state (MS+) condition could bring as much as $25 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1943, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
1943 Steel Penny Worth
Additional Info: In the year 1943 the Unites States issued the steel penny because the copper was needed for World War II the steel look is actually the result of the mint using a Zinc coating.
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**When we say that 191,550,000, of these coins were produced or minted in 1943 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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