I was given a silver penny dated 1943, can anyone tell me about this coin and about how much it may be worth?
2006-07-27 19:30:56 · 19 answers · asked by Anonymous in Games & Recreation ➔ Hobbies & Crafts
During WWII, pennies were made of steel-coated zinc (not silver) to conserve copper for the war effort. It may be worth up to 25 cents, depending on condition.
2006-07-27 19:35:27 · answer #1 · answered by Jim T 6 · 0⤊ 0⤋
40 1943 copper-alloy cents are known to remain in existence. Coin experts speculate that they were struck by accident when copper-alloy 1-cent blanks remained in the press hopper when production began on the new steel pennies.
A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. A subsequent piece sold for $10,000 at an ANA convention in 1981. The highest amount paid for a 1943 copper cent was $82,500 in 1996.
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, 1948, and 1949 pennies.
The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper. If it does not stick, the coin might be of copper and should be authenticated by an expert
2006-07-28 02:34:38 · answer #2 · answered by emanon 6 · 0⤊ 0⤋
Actually it is not silver it is steel . Those pennies were made of steel that year to conserve copper which was being used for the war effort.
They are worth slightly more than a penny ,but a nice collectible never the less.
2006-07-28 02:35:38 · answer #3 · answered by Dfirefox 6 · 0⤊ 0⤋
They are white pennies.
All of the copper went to the war production so pennies were made of ink.
It is probably worth 10 cents up to a dollar depending on condition
2006-07-28 02:33:13 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Coins in google search
2006-07-28 02:32:46 · answer #5 · answered by jhnedrmr 3 · 0⤊ 0⤋
1943 cent is $0.25 in fine
and up to $1.00 in uncirculated.
It is Zinc-Coated Steel.
It is not rare, there were 684,628,670 made. Very common.
2006-07-28 17:04:21 · answer #6 · answered by Man 6 · 0⤊ 0⤋
its a steel penny. they made them in the war. because they were using all the copper to make bullets. it is a little unusual. but its not very rare. keep it for yourself.
2006-07-28 02:34:05 · answer #7 · answered by Anonymous · 0⤊ 0⤋
its not silver, its steel with a thin layer of zinc
there was a copper shortage during the war so steel was used
2006-07-28 02:34:11 · answer #8 · answered by woman38 5 · 0⤊ 0⤋
IT'S A WAR PENNY ........
THEY NEEDED COPPER FOR MILITARY PURPOSES.
JUST TYPE IN COIN PRICES IN SEARCH ENGINE .......
SEVERAL GOOD SITES TO CHECK
VALUE DEPENDS ON CONDITION & MINT MARK
2006-07-28 02:34:44 · answer #9 · answered by Anonymous · 0⤊ 0⤋
it's not silver, it's steel. and you can sell it on ebay for like 10 cents.
2006-07-28 02:33:45 · answer #10 · answered by Chowder 4 · 0⤊ 0⤋