answersLogoWhite

0

Almost anywhere. I will include a link to the Wikipedia article in the related links. But basically in 1943 the US government needed copper to fight WWII so they made some composition changes to the penny (the nickel was also changed from 1942-1945 to add in 35% silver!) which was to create them out of zinc-coated steel. The problem with this was that magnets in vending machines were designed to prevent steel slugs from being used as legitimate currency (keep in mind this was 1943 where a penny could still buy some things) making them impossible to use in vending machines. Also, in circulation whenever the coin would come in contact with moisture such as sweat from being in pockets, the coin would rust. This meant that coins deteriorated at an alarming rate. Eventually the US government destroyed many of them, but there are a lot of them still in private collections making them easy to collect with most pieces running from 3 to 10 cents depending on condition.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

1942 steel penny Is it real I have such a penny. Am i hallucinating?

The best way to find out if it is real, simply use a magnet. It will cling to the magnet if it is a real steel penny.


How do you know if your 1944 wheat penny is steel?

Test it with a magnet. 1943 steel cents are magnetic. 1944 copper cents are not.


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.


How do you know a 1943 steel war penny is authentic?

Try the magnet test, if it sticks to it, it's steel.


What year was a coin made in the US that was attacted to a magnet?

The 1943 steel penny.


1941 steel penny?

1943 was the ONLY year Lincoln cents were struck on steel planchets. Check it with a magnet, if it is steel it's not a US coin.


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.


1972 solid steel penny not dipped in zinc is it rare If so what is it worth?

Will it stick to a magnet? If not, it is not steel. There are no genuine 1972 steel cents. 1943 only.


What if your penny sticks to magnet?

If a penny sticks to a magnet, it is likely a result of the penny being made of certain metals, such as zinc or steel, which are magnetic. Pennies minted after 1982 in the United States are made predominantly of zinc, which contains magnetic properties.


How do you tell if a 1943 steel penny is real or fake?

To determine if a 1943 steel penny is real or fake, you can use a magnet. Steel pennies are magnetic, so if the penny is attracted to the magnet, it is likely authentic. Additionally, you can examine the weight and appearance of the coin compared to known authentic examples. If you are still unsure, consider taking the penny to a professional coin dealer or reputable appraiser for authentication.


How do you know if a 1943 steel penny has been fused with a copper diposit?

Try to pick it up with 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.