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background of the 1943 stole Wheat Penny
In 1943, the United says was in the center of fighting world War II. Plenty of resources to be being sail to the war initiative - from food and fuel to metals like copper. Previous and also subsequent pennies were made of copper, yet the 1943 coin is different. Since ammunition and also electrical wires had to be crafted indigenous copper during the war, the us Mint decided to do the 1943 penny out of steel instead. The pennies were created in all 3 US Mints: mountain Francisco, Philadelphia, and also Denver. Every penny had a slim coating that zinc over a stole base, giving it a distinctive silver color.Related write-ups
How countless 1943 stole Pennies are There?
In 1943, the us Mint developed 648,628,000 steel pennies, according to Coin Trackers. Soon after they to be produced, people started to notification problems v these steel pennies. If the zinc coating come off, the steel started to rust, especially along the edge of the coins. In later on years, the united state Mint started to collect and destroy stole pennies, however many of these still exist today, making steel pennies fairly common. The an essential is detect one in uncirculated condition. Uncirculated stole pennies are lot rarer.
just how to identify a 1943 stole Penny
identifying a 1943 stole penny is reasonably easy. Top top one side, you"ll watch Lincoln"s head and also the day 1943, and also on the other, you"ll check out the wheat architecture used in larger pennies. Alongside the distinctive silver color, stole pennies have an additional identifying feature. They"re magnetic. Copper pennies room not magnetic; if you organize a magnet alongside an ordinary copper penny, it won"t stick. However, if you host a magnet next to a stole penny, the sticks as with it walk to your refrigerator.
just how Much Is a 1943 stole Penny Worth?due to the fact that they are rather common, a 1943 penny in circulated condition is not worth much. Follow to USA Coin Book, a steel penny native 1943 in circulated condition is worth between 16 cents and 53 cents. However, heritage Auctions sell 1943 steel pennies in pristine, uncirculated condition for more than $1,000.
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Grading a 1943 steel Penny
Obviously, problem has a vast effect top top the 1943 penny values. The Numismatic guarantee Corporation offers these grading guidelines:poor - Coin rims are level or damaged and details room indistinct. fair - some details room visible. an excellent - Details space visible yet not perfect. Very an excellent - all details are readable. fine - Raised locations are sharp and also distinct. very fine - Coin is practically perfect with just a small wear on the greater points the the design. Mint state - Coin is in the same state together it to be struck.
Sample values for 1943 stole Pennies
The best way to determine exactly how much your steel penny is precious is to have actually it appraised by a standard professional. However, its just worth appraising if you doubt it may be valuable. Girlfriend can acquire an idea about the value by comparing sales of comparable coins:
1943: A Fascinating Year for Pennies
If friend love rarely pennies, the 1943 stole wheat coin is just one of numerous interesting examples. The very same year, one accident caused some that the pennies being struck in copper or bronze. This 1943 pennies are even much more valuable than their stole counterparts since of the mistake and also are among the most an useful pennies. Regardless, 1943 was critical year for pennies and also offers a fascinating glimpse in ~ wartime history.
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