Australia Penny 1943 I below King's head and dot before and after the word PENNY Mint: Calcutta Many Australian coins were struck in India and the United States of America during World War II. View the average prices of certified 1 cent 1943 sold at auctions ». 1943 zinc-coated steel (also known as steel penny) 1944–1946 brass (95% copper, 5% zinc) 1962–1981 brass (95% copper, 5% zinc) 1974 Experimental aluminum variety (test strikes only, not circulated) 1982–present* 97. Some collectors like a long tail, some don't. for three cent coins back in 1865. In 1996, another went for a whopping $82,500. Better luck next time. Welcome back to the coin alley! With all this coin collecting and traveling around for coin shows it’s hard to stay in good shape. There is not very many of the 1943 Wheat Pennies circulating in existence today and the ones that are, are expected to fetch around $100,000. We are pleased to offer for sale this 1943 Steel Penny Wartime Lincoln Wheat Cent. The copper released for the war effort was enough to meet the combined needs of 2 cruisers, 2 destroyers, 1,243 flying fortresses, 120 field guns and 120 howitzers, or enough for 1. Eligible for Free Shipping. Chris discusses the very valuable and most sought after penny in the U. ' Share or comment on this article: 1933 penny coin valued at £80k offered on eBay then suddenly withdrawn. One of the four known 1943-S cents in bronze was sold to Texas Rangers baseball team co-chairman Bob R. When it comes to the highest valued wheat pennies, those are the ones to look for. I have a 1943 steel wheat penny that I’d like to check the value on. Understand, 1943 bronze cents have been the rage ever since 16-year-old Don Lutes Jr. com has estimated the 1943 Copper Wheat Penny value at an average of $60047, one in certified mint state (MS+) could be worth $85782. 15 million at an auction in Chicago. coinage: the Jefferson nickel is 75% copper and 25% nickel; quarters and dimes minted since 1964 and half dollars minted since 1971 are clad with copper-nickel. I really want to know how much this could be worth. One of the four known 1943-S cents in bronze was sold to Texas Rangers baseball team co-chairman Bob R. Please note: This is a valuable souvenir which can be easily mistaken as the real thing, please do not try and resell as a genuine as that is deceiving and plainly cruel. 11 grams and isnt magnetic. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. While 1943 steel Pennies are about as common as any other 1940s Lincoln cent, there is one variety from 1943 that stands out for its rarity: the 1943 bronze Lincoln Wheat Penny. A pre-1982 copper penny will typically be shorter than a post-1982 zinc penny because zinc is softer than copper and will elongate more. Heritage lists six confirmed examples of 1943-S bronze Lincoln cents, as opposed to the dozen, or so, known of the 1943 bronze Lincoln cents struck at the Philadelphia Mint. 1943 Penny That Sticks To Magnet. The anonymous previous owner donated the coin to a charity before the sale so the charity would get the proceeds. A few 1943 bronze cents and 1944 steel cents are known to exist, and they are valuable. 30 to $1, depending on condition. Photo By Heritage Auction Galleries. The only large quantities of mint-state copper I have are actually very modern -- namely copper-plated steel small change from the UK, Eurozone and other places. How do you tell the difference between brass and bronze? I see alot of e-bay listings for items stating brass/bronze. Chris discusses the very valuable and most sought after penny in the U. Now that’s a pretty penny. 7 Million The only known 1943-dated Lincoln cent mistakenly struck at the Denver Mint on a bronze planchet has been sold for a record $1. How To Tell If You Have A Common 1943 Steel Penny Or A Rare 1943 Copper Penny. Since the value of these rare pennies are no joke, there are people who will produce counterfeit 1943 pennies which are actually just steel coated in a very thin layer of copper. Others are fraud attempts, where someone has taken a genuine 1948 copper penny and cut the 8 in half, making it look like a 3. — A rare 1943 bronze Lincoln penny has sold for more than $200,000 at a Florida auction. 2012-04-12 koplv. The steel pennies of 1943 were called silver cents because of their silver grey color. 1941 Lincoln (Wheat) Penny The 1941 Lincoln penny might remind you of the modern Lincoln penny because the two coins' designs are quite similar. 1943 Copper Wheat Penny As you may already know, in 1943, World War II was going on and so the copper previously used to mint our Wheat Pennies was needed to manufacture supplies for the war. The submission of the two 1943 bronze cents also included two Lincoln cents struck on planchets intended to be used for foreign coins that were then being struck by the Philadelphia Mint. 1943 D Lincoln Wheat Cent Bronze/Copper: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. The first sold 1943 copper wheat penny went for $40,000 in 1958. We also provide bank sealed penny bags which also have a probability of containing not just the copper penny mis-struck pennies but also newer zinc pennies as well. You can look out for pennies with green spots, this is called verdigris and is a kind of copper cancer which will. The 1943 Copper S penny is one of the most rare coins in circulation in the United States. Consumer Reports and shopping results for Million Dollar Penny 1943 Stick to Magnet from mySimon. Others are fraud attempts, where someone has taken a genuine 1948 copper penny and cut the 8 in half, making it look like a 3. The Philadelphia , Denver , and San Francisco mints each produced these 1943 Lincoln cents. How to Clean Rusty Coins. A single 1943-D bronze cent is known, and five or six 1943-S specimens have surfaced over the years. The steel pennies of 1943 were called silver cents because of their silver grey color. 1 Oz Copper. 11 grams which would make it a copper planchet. Some collectors like a long tail, some don't. Image courtesy of Heritage Auctions. In 1955, 20,000 to 24,000 doubled die pennies were released to the public, mostly as. But copper has a few unique characteristics that sets it apart from other metals, and that can help you determine if something is copper or some other metal. Lutes held on to his rare penny all this time and he recently passed away in September of 2018. Copper was in high demand (for the war) so the composition was changed. 1943 Lincoln Steel Penny Value AnswerSite is a place to get your questions answered. The value of a true 1943 copper Canadian penny is worth a lot more than you will probably imagine. Most metal statues that have a dark blue-green or brownish patina are going to be bronze. All of our reprocessed 1943 Steel Pennies have nice eye appeal with no major marks or visible problems and represent a great value for the price. If your coin is attracted to the magnet, it is made of copper-plated steel (a fraud). While 1943 steel Pennies are about as common as any other 1940s Lincoln cent, there is one variety from 1943 that stands out for its rarity: the 1943 bronze Lincoln Wheat Penny. This was also sometimes done to produce novelty items, rather than an attempt at fraud. You're not going to just find a 1943 copper in your change. The RPM shows in the "Cherrypickers Guide" as FS# 1C - 019. 11 grams and isnt magnetic. — A rare 1943 bronze Lincoln penny has sold for more than $200,000 at a Florida auction. It contains about 2. While other of these bronze coins were produced at this mint, this coin is the only certified “red” penny of this year to be coined at the Philadelphia Mint. In 1943 the pennies we're made of zink. Before I go in for any chemical reactions to clean them I want to "wash" then all different ways to cut the grease, or any other kind of superficial stuffs. 1 and is listed as Variety Type RPM#13. The same thing happened for the 1944 penny the next year, only this time in reverse. The top right image shows a common steel cent that someone has coated to make it appear bronze. The values depend very strongly on the grade of the coins. If it does not stick, the coin might be of copper and should be authenticated by an expert. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent - Boldy Doubled Mintmark Variety) is Worth $26 in Average Condition and can be Worth $211 to $1,589 or more in Uncirculated (MS+) Mint Condition. Rare 1943 bronze penny Heritage Auctions, HA. 7 million by Legend Numismatics of Lincroft, New Jersey. The same thing happened for the 1944 penny the next year, only this time in reverse. com - Pine Beach, New Jersey Striving to live Aloha. Walker Foundation, 1956 “I wished to say to men, ‘If you desire to continue freely in your creative work. ) If you can find a 1943 penny that isn't steel (silver) but is normal penny color…you're in luck…as in, tens of thousands of dollars luck!. Yes it is magnetic and it doesn't have a S, D or P underneath the 1943. Coin collectors and dealers can tell immediately if a coin has been cleaned and this will dramatically reduce the value of your penny.   People are also much too willing to accept that any piece of metal that is brown, says 1943, and looks like a wheat cent has to be an authentic 1943 bronze or copper penny. Before 1982 pennies were made of solid copper, all except in 1943 when pennies were made of steel plated with zinc because copper was in short supply due to WWII. The way to detect if your 1943 penny is made out of copper is by using a magnet. If clean and not oxidized, the brass is a golden yellow color and the copper is reddish brown color we call copper color. Not sure if its steel, silver or what! I would appreciate any help you can offer. It is also good to know the current melt value of a Copper one-cent piece is just about $. Weigh the coin. 1943 Copper Wheat Penny Value | CoinTrackers CoinTrackers. - That copper penny was used until 1982, but was then changed to 97. Wheat Penny Values Charts | HobbyLark. Remember, all cents before 1982 are solid copper and cents after 1982 are copper-coated zinc. Some collectors like a long tail, some don't. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, '48 and '49 pennies. On the other hand, brass will have a yellow-brown appearance, similar to bronze. Their collection value makes 1943 copper pennies a prime target. Copper was in high demand (for the war) so the composition was changed. Wondering how to tell a copper penny from a zinc penny? Here are 4 ways to tell if you have a copper penny vs. We started because we saw that there was an underserved market in bullion and other currency collectibles online and we wanted to change that. We are pleased to offer for sale this 1943 Steel Penny Wartime Lincoln Wheat Cent. A Short-lived experiment. 1943 Penny Worth One Million Dollars. Understand, 1943 bronze cents have been the rage ever since 16-year-old Don Lutes Jr. This resulted in a 1943 penny that was made of copper instead of steel. In 1943 the United States was preparing for war in Europe and in the Pacific. Rare 1p coins - have you got a penny worth a fortune? It's might be time to empty the penny jar as a rare 1p has recently sold for £50 online - here are the most valuable 1p coins. The price of copper on September 16, 2019, was $2. I have not been able to find any information regarding the issue with the date. The Death of the Penny – US Mint to Cease Penny Production in 2020. If your coin is attracted to the magnet, it is made of copper-plated steel (a fraud). How lucky are YOU? Don't forget to check your loose change for a rare 1943 copper penny worth over a $1,000,000. The 1943 Copper S penny is one of the most rare coins in circulation in the United States. Unfortunately, there are plenty of fake 1943 copper cents floating around. If you had a picture it would be helpful but it probably looks different then others?. Only one 1943-D cent in bronze is known; it sold in September 2010 for $1. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance). Don Lutes Jr. Photo By Heritage Auction Galleries. If the penny is attracted to the magnet, it is a steel cent, not copper. Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, '48 and '49 pennies. In 1943 the penny was called the 1943 steel cent because it was made of zinc-coated steel. Incorrect or wrong planchet errors can be worth $400 for a cent struck on a dime planchet to $18,000 for a 1983 Cent struck on a 95% copper planchet (supposed to be copper plated zinc planchet in 1983). A 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. It is believed to be one of the oldest coins and is certainly one of the most rare. 1943 Bronze Penny How To Tell. The easiest way to tell if you have a true Copper cent or a plated one, is to test it with a magnet. 11 grams, Has a date that doesn’t look right – Maybe your 1943 copper penny weighs. If it’s uncirculated, it’d easily fetch $25,000 at an auction. Lutes held on to his rare penny all this time and he recently passed away in September of 2018. The 1962 Proof Penny and Half Penny had a total mintage of 1100 pieces. How to Tell If a Coin Is Silver: I did this with silver Kennedy coins but works with all Silver coins Check the sides if the side looks like a penny it's a fake. There are lots of fake 1943 copper pennies out there. 1943 Copper Wheat Penny As you may already know, in 1943, World War II was going on and so the copper previously used to mint our Wheat Pennies was needed to manufacture supplies for the war. Not sure if its steel, silver or what! I would appreciate any help you can offer. ") In 1962, the cent's tin content, which was quite small, was removed. They were made. casting a coin from scratch -very crude and easy to tell, coins are struck not cast. The 1943 "silver" cent you mention is really Steel Coated Zinc, which the US made cents out of during WWII as copper was used for the war effort. The highest amount paid for a 1943 copper cent was $112,500 on December 22, 1999. 5% to 1% and a phosphorus content of 0. Today, a penny is made of 97. Please note: This is a valuable souvenir which can be easily mistaken as the real thing, please do not try and resell as a genuine as that is deceiving and plainly cruel. Best Answer: A wheat penny, except for the 1943 steel cents, IS a copper penny. 1943 Bronze Lincoln Penny. People who are unfamiliar with U. Two of the major varieties determine your 1864 Indian head penny value and are identified by the metal alloy used. 1 Oz Copper. The 1955 double die wheat penny is not listed either, as it is also worth thousands. To find out about coin experts in your area, you may call the American Numismatic Association at (719) 632–2646. It's an real reddish/ orange copper color. In 1943 the pennies we're made of zink. If all else fails, a chemical test can be done to tell you once and for all what type of metal a particular piece is. Steel Pennies - Wartime U. Owing to a shortage of copper during the critical war (WWII) year of 1943, the Treasury Dept. Only 10 to 15 of these pennies, mistakenly minted in bronze instead of steel, are believed to exist. If you are interested in obtaining Copper in the form of older U. Prepare your coins for selling, find coin buyers and understand their true potential. 5% Zinc - 2. That made the metal composition of the cent 95 percent copper and 5 percent zinc. I have a 1943 copper penny in my hands. That year, the U. The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. Mint switched to a zinc-coated stamping system for. Heritage lists six confirmed examples of 1943-S bronze Lincoln cents, as opposed to the dozen, or so, known of the 1943 bronze Lincoln cents struck at the Philadelphia Mint. Much has been published about copper 1943 pennies being worth in excess of a million dollars. I have a 1943 steel wheat penny that I’d like to check the value on. How to use the Canadian Copper Penny Melt Value Calculator. George V UK 1 Penny 1921. In 1982 some were made of bronze and some were made of copper clad zinc. Summarize this paragraph in one sentence. A pre-1982 penny consists of 95% copper and 5% zinc. For each quote, you can also see the other characters and themes related to it (each theme is indicated by its own dot and icon, like this one: ). Cents of 1982 are the only ones in question. Mint switched to a zinc-coated stamping system for. com Those bronze planchets then fed into the coin press, leading to the creation of several coins that were "lost in the flood of millions of 'steel. This mintmark only applies to 1942 and 1943 Halfpennies and Pennies. The mint then reverted to 95% copper until 1982, when inflation made copper too expensive and the composition was changed to zinc with an outer copper layer. Tell us what else you do know and the Appraiser will be able to better assist you. The 1943 "silver" cent you mention is really Steel Coated Zinc, which the US made cents out of during WWII as copper was used for the war effort. It is believed to be one of the oldest coins and is certainly one of the most rare. It is thought, when the U. Secondly, 1982 cents can be a large date or a small date. 1983 up to now is supposed to be copper plated zinc planchets and they weigh around 2. And the bottom right image is the rare and authentic 1943 bronze wheat penny. If it is old, circulated coin and has been handled by many hands or left out in the weather, then it will have a patina from. Their collection value makes 1943 copper pennies a prime target for counterfeiters: fakes are often made by coating steel cents with copper or altering the dates of 1945, 1948 and 1949 cents. Collection Walker Art Center Gift of the T. ORLANDO, Fla. The 1962 Proof Penny and Half Penny had a total mintage of 1100 pieces. The four new penny designs of 2009 has renewed a lot of collectors, and as expected, has put an extra demand on the older Lincoln Wheat cents. 1 Roll of 1943 Steel Wheat Pennies. How can you tell if your 1943 copper penny is real? Use a magnet. How to Tell If a Coin Is Silver: I did this with silver Kennedy coins but works with all Silver coins Check the sides if the side looks like a penny it's a fake. The copper clad zinc cents are. " This can quickly be tested by trying to pick up a penny with a magnet. Copper was needed for the war effort, so production on copper pennies was halted. Copper Plated 1943 Fakes. It is believed that 40 of these 1943 pennies were struck but only 12 have been confirmed to exist. Rare 1943 bronze penny Heritage Auctions, HA. The 1943S(steel) is worth between. A penny is not what you think. As the two lowest value coins, they were minted in large numbers and are still widely available. Otherwise, they would look like the 1943 Steel Cent shown at the top of this article. coin, yet nearly the size of a modern quarter. Buy & Sell This Coin. Well the same is true with the new 1944 Steel Penny. Understand, 1943 bronze cents have been the rage ever since 16-year-old Don Lutes Jr. " Artists often work with alloys like bronze, steel, or brass because of their durability and color. altering the date of a Lincoln cent of another year to make it look like the last digit is a "3" -1948 is a common choice. The 1943 Copper S penny is one of the most rare coins in circulation in the United States. In 1982 some were made of bronze and some were made of copper clad zinc. Copper was in high demand (for the war) so the composition was changed. If you are familiar with some of the chemical and physical properties of copper, you can perform a number of different tests to gauge the purity of an object's copper. More info on fake 1943 copper pennies:. The home page is an excellent index, pulling together tips on selling wheat pennies and quickly leading to values of all the major coin series. On the other hand, brass will have a yellow-brown appearance, similar to bronze. Fortunately, Lincoln cent experts at third-party grading services can tell the difference by closely inspecting the coin under a stereo microscope. " Simpson already owned two of the rare pennies minted in Denver and Philadelphia. Low likelihood that it's genuine, but it would be a phenomenal find if real. Is Your 1943 Copper Penny Real or Fake? Is Your 1943 Copper Penny Real or. Cleaning Pennies. Though keep in mind, circulated coins do gather dirt, corrosion, etc. Unfortunately, there is no easy way to tell the difference between a genuine 1943 copper penny and a Chinese counterfeit. You may think you're experiencing blurred vision if you come across a doubled die penny, but it's really just a case of slightly askew alignment during the minting process that results in a doubled image. Welcome back to the coin alley! With all this coin collecting and traveling around for coin shows it’s hard to stay in good shape. Most pennies are copper, except for the 1943 war-time “steelies”. Don Lutes Jr. However, keep an eye out for the two variations that can be found with this coin, the Double Eye and the Overdate. A penny is the lowest form of American currency, worth only one cent, and is popularly believed to be made solely of copper. Detailed information about the coin 1 Penny, George VI, Australia, with pictures and collection and swap management : mintage, descriptions, metal, weight, size, value and other numismatic data. If its a rare 1943 Lincoln penny that was accidentally made from bronze instead of zinc-coated steel … well, then it's worth about $1 million. coinage are often surprised to learn that, since 1982, these coins are made of zinc and only copper plated so that they look familiar. In 1944, essentially the same situation happened when the mint was switching from steel back to Copper, and resulted in approximately 40 1944 steel pennies being made. In an effort to assist in the war efforts of the country, it was decided that copper must be eliminated from the one cent piece and used for artillery instead. The portrait was extremely detailed as if somebody preserved this since it left the mint. Production commenced on February 27, 1943, and by December 31, 1943, the three Mint facilities had produced 1,093,838,670 of the one-cent coins. If it is a silvery gray color, it is probably a steel penny. 1951 Penny Worth One Million Dollars. Copper isn't magnetic, so if the penny sticks to a magnet, it's probably just copper plated steel. On the other hand, brass will have a yellow-brown appearance, similar to bronze. However, you could run 50 copper pennies and each might have a slightly different tail length because the amount of copper in the pennies will also vary. 1943 Penny That Sticks To Magnet. We are pleased to offer for sale this 1943 Steel Penny Wartime Lincoln Wheat Cent. The bottom left image is a 1948 wheat cent that has had the 8 in 1948 altered to look like a 3. A 1942 Australian bronze Penny minted in Bombay will have a small "I" under King George's head on the obverse. Due to its non-magnetic properties the presence of bronze can be determined by testing an The magnetic attraction of an unknown metal. To help conserve the supply of this critical metal, the U. 1943 Lincoln Steel Penny Value AnswerSite is a place to get your questions answered. Simpson for $1 million. Any genuine 1943 copper pennies are extremely rare mint errors. A magnet will be attracted to Steel and stick to the coin if it is only plated. Some fraudsters find 1948 pennies and shave down the 8 to look like a 3, easily fooling amateurs. These silver wartime nickels are 56% Copper and 35%. If it sticks to the magnet, it is not copper and is worth about?. Any questions, please feel free to message me before bidding. Thankfully, there is an easy at home test to ensure you have a real 1943 copper penny and not a fake. After the completion of their military contracts they continue to produce 200,000 of a civilian model for drill corps, schools and ROTC programs. Originally Posted by awsattler24 View post I tried this lemon juice method on a pre 82 copper, a very common wheatie, and a common IH. 1943 zinc-coated steel (also known as steel penny) 1944–1946 brass (95% copper, 5% zinc) 1962–1981 brass (95% copper, 5% zinc) 1974 Experimental aluminum variety (test strikes only, not circulated) 1982–present* 97. An original WW1 death penny also known as a widows penny in the name of Frederick Gilbert. Canadian One Cent Calgary Coin offers an extensive selection of Canadian coins including large and small cents for sale on the internet and in my store here in Calgary. com has estimated the 1943 Copper Wheat Penny value at an average of $60047, one in certified mint state (MS+) could be worth $85782. How can you tell if your 1943 Penny is the valuable bronze error? Try picking your coin up with a magnet. As copper supplies became vital to weapons manufacturing during World War II, the U. (KIDS SITE) Once it was hard to tell a penny from a dime Although they are different colors, pennies and dimes are very close in size. In order to save copper for the war effort, the United States Mint under the authority from Congress began making pennies from steel with a thin coating of zinc. Eligible for Free Shipping. Supposedly, there is a chemical reaction with the copper in the penny which causes the pain to stop and the poison to be drawn out. The steel pennies of 1943 were called silver cents because of their silver grey color. 00, depending on condition. Our cleaning copper coins experiment is a great way to show your kid how to get those dingy pennies looking. If it has the dot it is a Bombay mint and worth bullion value (few cents) if no dot then is a Melbourne mint and worth a couple of dollars at best as will be corroded and damaged from being in the ground. But if tell us what you are having difficulty with, we might be able to help you over the rough spots. There's only a handful known to exist and a new one hasn't surfaced in many years. From Cents to Gold. The 1943 copper wheat penny is an extremely rare coin. 95 grams of copper, and there are 453. Much has been published about copper 1943 pennies being worth in excess of a million dollars. Here's a really easy test to see if you've got the common 1943 steel penny or a rare copper 1943 penny. Fortunately, Lincoln cent experts at third-party grading services can tell the difference by closely inspecting the coin under a stereo microscope. 7 million in 2010, is made of bronze instead of the normal zinc. It was bought by Texas Rangers' co-chairman Bob R. Additional Info: In the year 1943 the Unites States issued the steel penny because the copper was needed for World War II the steel look is actually the result of the mint using a Zinc coating. In 1982 some were made of bronze and some were made of copper clad zinc. The 1943 copper wheat penny is an extremely rare coin. That year, the U. The photo above shows one that has been Copper plated, so it is a counterfeit 1943 Copper cent. Sold at auction:$204,000. If all else fails, a chemical test can be done to tell you once and for all what type of metal a particular piece is. We also provide bank sealed penny bags which also have a probability of containing not just the copper penny mis-struck pennies but also newer zinc pennies as well. Mint decided to use steel instead of copper because they needed the copper for military equipment during World War 2. One of the chemicals created in the combination of table salt and vinegar is hydrochloric acid. ORLANDO, Fla. So the short answer is "No, copper isn’t magnetic. Here's a really easy test to see if you've got the common 1943 steel penny or a rare copper 1943 penny. 1-48 of 169 results for "1943 copper wheat penny" Skip to main search results Amazon Prime. It was nothing more then High School age boys entertaining themselves in the workplace. The only large quantities of mint-state copper I have are actually very modern -- namely copper-plated steel small change from the UK, Eurozone and other places. 7 million in 2010, is made of bronze instead of the normal zinc. Here are some examples. (Coins minted in Philadelphia have no mint mark. World War II, so the 1943 copper penny is ultra-rare. If you have any questions, or if you have an item you would like to ask me about for a quote be. This page measures the pure metal or melt value of U. It contains about 2. In 2010, a coin collector sold a Denver-minted bronze penny for $1. This puts into investment perspective the rarity and a high capital appreciation of copper coins which now averages 15% per annum as proof coins. 1936 Dot Penny. Wartime silver nickels (1942-1945) - Most of them look unusually gray and have a big mintmark (P, D, or S) above the dome in back. Matt said, “Although you and I were each inspired to come up with a penny project separately, I find it interesting that we both observed the tradition of ‘intentional errors’ (mine being the single 1943 steel penny as the final penny to throw off the otherwise ‘perfect’ copper palette). In any case, if you find what looks like a 1943 copper penny, take it to a coin expert to. However, the common penny has been made of a variety of materials over the years, with copper even being removed completely in 1943. While other of these bronze coins were produced at this mint, this coin is the only certified “red” penny of this year to be coined at the Philadelphia Mint. There's only a handful known to exist and a new one hasn't surfaced in many years. There are only a few known to exist, but it is believed that there may be more out there. To the right buyer, a mint-condition, untouched penny could be worth a great deal. The penny is so valuable because the U. If the penny sticks, it's not copper. Due to its rarity, an actual 1943 copper penny is worth tens of thousands of dollars, if not more. (Coins minted in Philadelphia have no mint mark. If you had a picture it would be helpful but it probably looks different then others?. Both Bronze and Brass look coppery when new. I usually have most dates available in a variety of grades and prices for collectors at all levels, usually priced at a discount from the Canadian Coin News trend sheet price guide. Otherwise, they would look like the 1943 Steel Cent shown at the top of this article.