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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.

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AnswerBot

1y ago

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Does a us silver dollares stick to a magnet?

No, a US silver dollar does not stick to a magnet because silver is not a magnetic metal. United States silver dollars are made primarily of silver, which is a non-magnetic metal, so they will not be attracted to a magnet.


Does a penny stick to a magnet?

No, pennies are made from a combination of metals that are not magnetic, such as copper and zinc. Therefore, a penny will not stick to a magnet.


How do you tell if its a 1943 war penny?

Other than the DATE it will stick to a magnet.


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.


Will a magnet stick to a 1875 trade dollar?

No because they contain no magnetic materials.


Is a copper penny of 1943 a higher value than a penny of 2007 or a lower value?

If it is copper, than it is worth thousands of dollars: unless it is a fraud which you can find out by placing it on a magnet. It will stick if it is fake. If your penny is silver colored, if uncirculated, it is worth about a dollar. if circulated, about 25 cents.


Will a magnet stick to a 1875 silver dollar?

Silver and copper are not magnetic materials so no American 90% silver coin will stick to a magnet.


How do you know if your 1943 penny is bronze?

Put it under a magnet. If it sticks it is a steel penny. If it does not stick take to a collector or professional who can examine it further and give you a answer.


If your 1874 trade dollar cc sticks to a magnet is it genuine?

No, an 1874 Trade Dollar should not stick to a magnet if it is genuine. Trade Dollars were minted in silver, which is not magnetic. If a Trade Dollar sticks to a magnet, it is likely a counterfeit or altered coin.


Does a 1922 susan b Anthony dollar stick to a magnet?

Check the coin again and you should see that it is a peace dollar. Susan B Anthony dollars were made from 1979 to 1981 and again in 1999. The answer to the question is no a peace dollar does not stick to a magnet. This is because it is made of 90% silver and 10% copper and neither have magnetic properties. A Susan B Anthony dollar won't stick either.


How can you tell if a 1944 penny is made of steel?

You can tell if a 1944 penny is made of steel by using a magnet. Place a magnet near the penny - if it sticks, then the penny is made of steel. Steel pennies were issued in 1943 due to a shortage of copper, so any 1944 penny made of steel would be an error.


I have an American 1944 Lincoln's head penny that does not stick to a magnet how much is this worth?

About 3 cents in average circulated condition. It's the 1943 that gets expensive if it does not stick to a magnet. Only about a dozen of these copper 1943 cents exist.