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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.

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