That's the 1943 steel cent, which is fairly common. In average condition, it's worth about 10 cents.
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.
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.
I have a 1977 penny that can be picked up with a magnet and it is bright gold in color. The detail in the coin is much more detailed than that in a brand new penny. Definition is very, very high.
1943 cents were made of steel, a magnetic metal, to conserve copper for the war effort. Other pennies are made of bronze or copper-plated zinc depending on their dates. Neither bronze nor zinc are susceptible to a magnet.
Test it with a magnet. 1943 steel cents are magnetic. 1944 copper cents are not.
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.
a 1943 D penny is worth 1.7 million dollars
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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.
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.
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.
If there is a 1909 penny with the back of a dime, it is a magician's coin made by a private company, not a mint product. About 2 years ago there was a news story about a collector who had left his copper 1943 penny laying around and his wife spent it. That is the only thing that is checked by a magnet - a normal 1943 cent is the only penny that will stick to a magnet and a copper one will not. Anyway, that story was a bunch of BS and the "collector" admitted it.
it is not rare enough to have any value [will have value in about 3 years]
A 1943 steel penny with no mintmark can be worth $.35 - $1.50
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 it stick to a magnet? If not, it is not steel. There are no genuine 1972 steel cents. 1943 only.
The 1943 steel penny.