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The best way to find out if it is real, simply use a magnet. It will cling to the magnet if it is a real steel penny.

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Q: 1942 steel penny Is it real I have such a penny. Am i hallucinating?
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How much is 1942 and 1943 copper pennies worth?

A 1942 copper penny is worth between $0.15 and $3.00. If you have a 1943 copper penny it is worth a lot more. In 1943 because of the war and the need for copper pennies in that year were made from steel. Steel pennies from 1943 are worth around $0.30 and $2.50. If you have a real 1943 copper penny take it to a coin shop or dealer and have them check it out to see if it is real.


How do you tell if a 1943 steel penny is real or fake?

The 1943 steel cent is so common and low in value that no one bothers making fakes. It's the COPPER '43 that has fakes out there. A genuine steel penny is magnetic.


How much can you get for real steel penny?

About 5-50 cents depending on condition. There aren't many counterfeit steel cents out there, and genuine examples are quite common.


Does a 1963 steel penny have any value?

The only steel cents are dated 1943. I suspect you have a 1963 Copper penny which has been dipped in Mercury long ago. I can't recall enough about Chemistry to explain the chemical process(s) involved, but when a Copper penny is dipped in Mercury, the Mercury "plates" on the penny creating a bright silvery finish. I did this in an experiment back in the early 50s, and when the penny was observed several months later, the finish had turned very dark, almost black, and "looked like" a real steel penny of 1943. I suggest that you have your penny examined by a coin dealer, and/or a metallurgist [possibly including a test of the base metal]. Unfortunately, I think you will find that it is truly a 1963 Copper penny with some kind of surface coating which mimicks the finish of an aged 1943 steel penny.j3h.


Why will the real 1943 penny stick to amagnet but a real 1944 penny will not?

1943 cents were made of steel, a magnetic metal, to conserve copper for the war effort. Other pennies are made of bronze or copper-plated zinc depending on their dates. Neither bronze nor zinc are susceptible to a magnet.


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Steel cents were only made in 1943 when copper was needed for the war effort. Your coin has been plated. You can test it with a magnet - a plated cent won't stick or will only be attracted very weakly, while a real steel cent will stick firmly.


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