1943 Silver Penny- Wheat back

1943 Silver Penny- Wheat back

Post by DONNASE » Fri, 25 Jun 1999 04:00:00



HELP!
Looking for the value of this rare coin. Please send all information to

Thank you
 
 
 

1943 Silver Penny- Wheat back

Post by John Much » Fri, 25 Jun 1999 04:00:00


Unfortunately, it's not a rare coin.  Over 1 billion were struck and
Its value is less than $1.

John Muchow

Quote:
>>Looking for the value of this rare coin. Please send all information to



 
 
 

1943 Silver Penny- Wheat back

Post by Stephen Suffe » Sat, 26 Jun 1999 04:00:00


Quote:

> HELP!
> Looking for the value of this rare coin. Please send all information

> Thank you

Greetings:

    That USA 1943 "silver" cent is not a rare coin. And it contains no
silver. It's made out of zinc-covered steel.

    To conserve copper in 1943, the USA struck that year's one cent
pieces on planchets (coin blanks) of zinc-coated steel. Such coins were
produced at all three US Mints: Philadelphia (no mint mark), Denver
(mint mark D beneath the date), and San Francisco (mint mark S beneath
the date). In circulated condition, the 1943 and 1943-D cents sell for
10c to 30c retail each, while the 1943-S cents sell for 25c to 60c re-
tail each, all depending upon amount of wear.

   Quantities struck were enormous, so these coins are not at all rare.
However, since they do sell for a moderate premium above face value, it
is very unlikely you will now find any in circulation.

     Genuine 1943 cents struck on copper alloy (bronze) are what are
known as "off metal" mint errors, and are of substantial value (tens of
thousand of dollars) if they have been authenticated and encased by a
coin grading service. Most purported 1943 "copper" cents are fakes, made
by copper plating a steel cent or by altering the date on a 1948 cent.

                                   Regards,
                                   Steve