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Yes, in 1943, some pennies were made of steel due to a shortage of copper during World War II. These steel pennies are rare and highly sought after by collectors.
What else can I help you with?
How much is a 1943 S penny worth that is a silver color and does stick to a magnet?
The 1943 penny was made of steel with a zinc coating [ hence the silver look]. They are steel so they are attraced to a magnet. The value depends on the condition and with no rust showing they sell for about $0.50 to $1 and then more if they are in better condition.AnswerUncirculated examples sell for $1 to $2. In any lower condition a dealer may give 5 or 10 cents. He already has rolls of them that he can't sell. 1943 pennies are made of steel. This is because in 1943, the government needed so much copper to make war materials. Some pennies from 1943 are copper, because the government made a mistake. The copper 1943 pennies are worth about $10,000.
What is the value of a 1970 steel penny?
The 1970 steel penny is not a genuine US coin as the US Mint did not produce any circulating steel pennies in 1970. Steel pennies were only minted in 1943 due to the shortage of copper during World War II. If you have a 1970 steel penny, it may be altered or counterfeit.
How do you know if your penny is silver or steel?
Half of that is easy, and the other half is almost as simple. First, the U.S. never made any silver pennies because they'd be worth more than dimes. Second, the only steel pennies were struck in 1943 when copper was needed for the war effort. A genuine steel cent will stick to a magnet. If you have any other date that's silvery in color, it's almost certainly a normal cent that someone plated.
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.
Is the Canadian penny magnetic?
The newer Canadian pennies are magnetic . Ex. 2007 and 2008 pennies are magnetic . the older pennies are not Ex. 1989.
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.
Were any copper 1943 pennies made?
The 1943 copper Lincoln cents were made by error, only about 12 exist.
Where were the 1943 steel pennies with no mint mark minted?
Any Lincoln cent that does not have a mintmark was struck at the Philadelphia Mint
How much is a 1947 silver wheat back penny sell for?
Well . . . there have never been any silver pennies minted in the US, so you must be talking about the steel pennies. As far as I know, 1943 was the only year that steel pennies, or 'steelies', were minted.
How much is a 1943 S penny worth that is a silver color and does stick to a magnet?
The 1943 penny was made of steel with a zinc coating [ hence the silver look]. They are steel so they are attraced to a magnet. The value depends on the condition and with no rust showing they sell for about $0.50 to $1 and then more if they are in better condition.AnswerUncirculated examples sell for $1 to $2. In any lower condition a dealer may give 5 or 10 cents. He already has rolls of them that he can't sell. 1943 pennies are made of steel. This is because in 1943, the government needed so much copper to make war materials. Some pennies from 1943 are copper, because the government made a mistake. The copper 1943 pennies are worth about $10,000.
What is the value of a 1970 steel penny?
The 1970 steel penny is not a genuine US coin as the US Mint did not produce any circulating steel pennies in 1970. Steel pennies were only minted in 1943 due to the shortage of copper during World War II. If you have a 1970 steel penny, it may be altered or counterfeit.
How do you know if your penny is silver or steel?
Half of that is easy, and the other half is almost as simple. First, the U.S. never made any silver pennies because they'd be worth more than dimes. Second, the only steel pennies were struck in 1943 when copper was needed for the war effort. A genuine steel cent will stick to a magnet. If you have any other date that's silvery in color, it's almost certainly a normal cent that someone plated.
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.
What is the value of a 1942 steel penny?
The US only made steel cents in 1943. Any silver-colored cents dated 1942 are plated. You can always use a magnet to test a suspected steel coin. If it doesn't stick to a magnet it's not steel.
What is the value of a lead wheat penny?
Wheat pennies, nor any other US cent has ever been made of lead. If per chance you're talking about a 1943 penny, it's made of steel, not lead. It's worth about 25 cents.
Are there any 1943 copper pennies still out there?
yes I have 1 1943 copper pennies, but if you find one make sure it is not a 1948 with the 8 cut down and yes its a copper pennies
Are there silver peney's?
No, the US mint has never struck any silver pennies. There is a 1943 cent struck in steel which may appear to be silver at first glance but isn't.
