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A genuine 1943 copper cent is worth tens of thousands of dollars, but a lot of what's out there are fakes. An easy way to tell the difference between a real and fake is that the real thing is NOT magnetic. Pennies that year were made of steel, and the fake copper ones are usually copper-plated steel cents.
What else can I help you with?
How do you know if a 1943 steel penny has been fused with a copper diposit?
Try to pick it up with a magnet.
Is a copper penny magnetic?
Technically, copper coins cannot be made magnetic because copper cannot be magnetised. The only way to do so in practise is to change the coins' composition. English pennies became magnetic in 1992; made with steel and a fine coating of copper. They used to be completely made of bronze which does not attract. Canadian pennies were made magnetic in 1997 and were made of steel with a thin layer of copper - they would be attracted to a magnet and would appear at first glance to be made of copper. Copper-coloured US cents have never been attracted to a magnet. Cents minted in 1943 were made of zinc-coated steel due to wartime metal shortages but these coins had a silvery-grey colour.
How much copper is in a penny?
Pennies are made of zinc coated with copper.
Will a 1943 penny stick to a magnet?
No. The U.S. Penny has been made of different metals over the years, but none of them are attracted by a magnet - exceptthe 1943 penny, which was zinc coated steel. This cent was minted during World War 2 when copper was diverted for the war effort. The cent has been made out of copper, bronze (copper, tin and zinc), brass (copper and zinc), and (currently) zinc with a copper cladding. They won't be attracted to a magnet. A link can be found below.
Where can you find information on 1943 zinc-coated steel pennies?
There were over a billion pennies minted in 1943 out of steel coated with zinc. In circulated condition, they'er worth about 5 cents. What you are probably confusing this with is the rare 1943 COPPER penny. A few dozen of these were accidently made in 1943 from old copper blanks. These sell for tens of thousands of dollars. They are also highly counterfeited -- usually by copper plating a steel 1943 cent -- check with a magnet to eliminate 99% of the fakes (a real one will not stick to a magnet).
1943 pure copper penny does anyone know what it's worth?
-In 1943, pennies were made out of steel instead of copper. A 1943 pure copper penny is a rare mint error, and is worth lots.
Why is Lincoln 1943 penny worth more?
The 1943 penny was not made with copper, like all other years. Copper was funneled to the War Department so the 1943 penny was made from steel and other compounds.
Does a real 1943 copper penny stick to a magnet?
No, a real 1943 copper penny does not stick to a magnet because 1943 pennies were made of zinc-coated steel and not copper due to the shortage of copper during World War II.
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 much money is the most expensive penny worth?
1.7 Million dollars, that was what a collector recently paid for a 1943 copper penny made at the Denver mint, the only known 1943 copper penny struck there (keep in mind that the 1943 pennies were struck in steel, the copper 1943 pennies are errors).
1943 copper wheatback penny with no mint mark what is it worth?
you have a 1943 penny that looks like it is made out of copper, this is how you can authenticate it to tell if it is a genuine 1943 copper penny, or a fake 1943 copper penny. But first of all, be aware that the 1943 penny was issued in zinc-coated steel, because the USA needed copper for the war effort. Any genuine 1943 copper pennies are extremely rare mint errors. Learn more about your silver colored 1943 Steel Penny. The easiest way to tell if your 1943 copper cent is merely a copper-plated steel penny is to test it with a magnet. If the magnet sticks to the penny, it's made of steel which has been dipped or plated in copper. Such a penny is worth about 15 cents as a novelty item. If your 1943 copper colored penny doesn't stick to a magnet, then look at the date carefully (using a magnifying glass, if possible.) If the tail of the 3 doesn't extend well below the "line" of numbers, it is probably a cut-in-half 8. A very common fraud involving the copper 1943 cent is to cut away part of the 8 in the date of a 1948 penny. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. Any time you have a potentially valuable coin, it's always a good idea to take it to a qualified coin dealer for a professional opinion. Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. More Coins Quick Tips Coin Values Guide
How much would a 1943 D copper penny be worth?
A geniune 1943-D copper cent would have a value of about $50,000.00
1943 stick to magnet penny it's a million dollar penny?
The 1943 penny sticks to a magnet because it is made of steel, not copper like other pennies from that era. While a 1943 copper penny is rare and valuable, it is not worth a million dollars. The most valuable 1943 pennies are those mistakenly struck in copper instead of steel and can fetch tens of thousands of dollars at auction.
What is the value of a 1943 penny?
it is not rare enough to have any value [will have value in about 3 years]
What year is the most valuable penny from?
1943. In 1943, to save copper for the war effort pennies were struck in zinc coated steel, however some copper blanks made their way into the press and were struck by accident, there are only a handful of known genuine examples of a copper 1943 penny and they can be worth in excess of 1 million dollars. However, steel 1943 pennies are incredibly common and are worth about 5 cents in circulated condition or a buck or two if uncirculated. An easy way to check if you have a steel or a copper penny is to hold a magnet up to it, the magnet will stick to the steel penny and not the copper penny.
Is a modern United States penny magnetic?
Neither the original copper or the newer version copper-zinc penny is magnetic. The 1943 steel penny was the only penny effected by a magnet.
What is one 1943 copper penny worth?
If it's a genuine 1943 copper cent, it's worth no less than $10,000. That said, most copper 1943 cents are counterfeits.
