Possibly yes, but most probably not. My guess is that it does NOT stick to a magnet meaning it's not steel. Remember, since mid-1982 all cents have been made from zinc blanks plated with copper.
There are some occasional error coins that resulted when a zinc blank didn't go through the plating process. These can be worth up to $50 IF they can be shown to be a genuine minting mistake. Unfortunately it's easy to fake this error by using acid to remove the copper plating. If your coin shows any traces of copper in the recesses of letters or numbers it's probably been acid-dipped. If not, you'd need to have it inspected by someone who specializes in error coins.
A 1943 steel penny is worth just that 1cent.
US Lincoln cents were struck in Zinc coated steel in 1943 only.
A steel 1944 penny is silver in color and magnetic due to its composition of zinc-coated steel. It does not contain any copper, causing it to look different from a regular copper penny. On the obverse side, it features the profile of Abraham Lincoln, and on the reverse side, it displays the Lincoln Memorial.
Steel Lincoln cents are very common and most are valued from 5 to 25 cents.
1943 was the ONLY year Lincoln cents were struck on steel planchets. Check it with a magnet, if it is steel it's not a US coin.
No such thing as a Winged Liberty penny. 1943 Lincoln cents are steel. The Winged Liberty (or Mercury) design was used on dimes in 1943.
Please look at the coin again. 1943 was the only year Lincoln cents were struck in steel.
The 1943 Lincoln cents have average values of 5 to 10 cents.
About 5 cents. Steel cents aren't as valuable as most people think.
More than likely the 1944 matte proof penny. It was stuck in steel instead of copper.
The steel 1943 Lincoln cents are common, average coins are 5 to 25 cents.
Value for average steel Lincoln's is 5 to 10 cents