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Steel pennies were only minted in 1943, however some examples of steel pennies being struck in error in 1944.

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Q: Was there a steel pennies made in 1961 that was not for circulation?
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How long were silver pennies in circulation?

The US has never made silver pennies. It would cost way to much to make silver pennies because of the value of silver. Many people think that in 1943 pennies were made out of silver however they are actually made out of zinc and steel. So actually they have never been in circulation.


Are all wheat pennies made of steel?

No, most wheat pennies are made of copper. Only the 1943 pennies were made from zinc coated steel. There were about 40 made from copper in 1943 and they bring up to $82,000 each!


What is a 1961 US penny made of?

In 1961 pennies were made of 95% copper and 5% zinc.


What is the value of a 1910 steel wheat penny with no mint location?

There were no 1910 steel pennies ever made. The pennies made in 1910 were made out of nearly pure copper.


When was the silver penny made?

The US never made silver pennies. In 1943 the US made steel pennies. These are often mistaken for silver pennies.


1941 steel penny worth?

Steel cents were only made in 1943 to save copper for the war effort. All 1941 pennies were made with bronze. These coin are worth 2 to 8 cents in circulated condition. These coins can acquired in circulation.


Did the US ever made steel pennies?

Yes


What is value of steel pennies?

Steel pennies are worth 12 to 15 cents each and up to 65 cents if they weren't circulated. Steel pennies were made during WWII when cooper was needed to support the troops.


Why do pennys rust?

In recent years pennies have been made of steel plated in copper, and steel is prone to rust. Older pennies were made of pure copper, or copper and zinc, which did not rust.


Were there any pennies in the 1940s made of gold?

No, but in 1943 US pennies were made from steel coated zinc. These have become a collector favorite.


What are steel pennies?

Steel pennies are pennies made in 1943 during World War II because copper was needed to make artillery. The Mint took the copper out of pennies and replaced it with zinc-coated steel. Steel cents were made for a year but many people didn't like them because it was easy to mistake them for a dime. 15% of the steel pennies were sent back by the public and then the 15% was destroyed! Since they were only made in 1943 and are unusual they've disappeared from circulation, but over a billion were minted so they're still not rare - collectors and dealers have bins of them, usually selling for 25 cents to a dollar. Also some of these pennies were accidentally made out of copper and are extremely rare. Many fakes have been made by copper-plating genuine steel cents, but you can tell if you have one of these fakes because they're the only US coin that is magnetic. This coin (if you collect coins) is a very good addition to your collection because it has the most interesting back story! -CL


Why do quarters conduct electricity better than pennies?

quarters are made of steel, and pennies are made of copper. Copper doesn't conduct electricity