What did the last 1943 copper penny sell for?

An error 1943 Copper Penny realized $298,125 in GreatCollections' auctions on Nov. 13. The rarity saw 138 bids, nearly 10,000 page views, and 226 GreatCollections members tracking its sale. 1943 Copper Penny, graded PCGS AU50.

How much is a 1943 copper penny worth today?

The Rare 1943 Penny

If your 1943 penny is made out of copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong planchet metal when striking the coin. But very, very few of these left the U.S.

How much is a 1943 copper penny worth in 2022?

1943 “D” Copper Penny

All the 1943 copper pennies from the Denver mint will sell for many dollars. At a G-4 rating, it can sell for at least 100,000 USD. You'll earn around 150,000 USD if the coin is in a fine state. PCGS rates them as having the best price of 1.5 million dollars in their highest mint state.

How many 1943 copper pennies are left?

Nearly all circulating pennies at that time were struck in zinc–coated steel because copper and nickel were needed for the Allied war effort. Approximately 40 1943 copper–alloy cents are known to remain in existence.

What are the odds of finding a 1943 copper penny?

There are perhaps as many as 200 million normal pennies currently in circulation, so your odds of finding one of the 30 or so potentially floating around out there are one in fifteen million.

1943 D Copper Penny Sold January 2021 - How Much is a 1943 Copper Penny Worth?

What is the rarest 1943 penny?

While the 1943 wheat penny error is extremely valuable, it is important to note that it is also very rare. Among these errors are several versions—the bronze planchet 1943-D, the 1943-S, and the 1943 Philadelphia, un-minted version. The 1943-D bronze planchet is the most valuable, as only one known copy exists.

What year copper penny is worth the most?

The Most Expensive Penny

The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.

What year was the last 100% copper penny?

If your Lincoln Memorial penny has a date before 1982, it is made of 95% copper. If the date is 1983 or later, it is made of 97.5% zinc and plated with a thin copper coating. For pennies dated 1982, when both copper and zinc cents were made, and best way to determine their composition is to weigh them.

How much can I sell my 1943 steel penny for?

They are worth about 10 to 13 cents each in circulated condition and as much as 50 cents or more if uncirculated.

Are copper pennies worth saving?

Pennies used to be made from 95% copper, at least until 1982. 1 Since 2000, the price of copper has risen dramatically, making the meltdown value of these pennies more than the face value of the coin.

Why is a 1982 penny worth $10000?

So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years.

How do I know if my 1943 penny is rare?

The easiest way to determine whether or not your 1943 Cent has collectible value—to see if it is possibly bronze rather than steel—is simply to test it with a magnet. If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases.

How can you tell if a 1943 penny is bronze?

Zinc-coated steel cents are magnetic. Weight: A genuine bronze cent should weigh approximately 3.11 grams. Zinc-coated steel cents weigh 2.69 to 2.75 grams. Date: The date on a genuine piece should have the same long-tailed 3 as seen on 1943 zinc-coated steel cents.

What year is a penny worth 1 million dollars?

1943-S Lincoln Cent Sells for $1 Million.

Why is 1943 penny so rare?

The copper was supposed to be saved for the war effort during World War II, but a chance mistake resulted in a few pennies being struck in copper. Only about 10-15 of these collectible coins still exist, making the 1943 copper penny one of the most valuable old pennies in existence.

What year is the steel penny worth the most?

What Year Steel Penny Is Worth the Most? Commanding exceptionally high market prices are the 1944 steel pennies. The mints produced very few coins, about 1,000; that's why they failed to dictate their actual market value. The 1944 steel penny is rarely on the market.

What is the most sought after steel penny?

1944-D Lincoln Penny on a Zinc-Coated Steel Planchet

The United States mint struck over 430 million of them. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet. These steel planchets were used primarily in 1943.

What year are 95% copper pennies?

It is a well known fact that pennies minted from 1982 and back are made of 95% copper. These copper pennies are not rare at all.

What old pennies are worth keeping?

What penny is the rarest penny?

Stack's Bowers sold this 1983 Doubled Die Reverse penny for $2,640 in March 2018. The U.S. made about 7.7 billion pennies in 1983, but only about 5,000 of them are known to have been made with this doubling error, James McCartney, director of numismatics at Stack's Bowers Galleries, tells CNBC Make It.

Why is 1977 penny worth so much?

The San Francisco mint produced only proof pennies in 1977. Their number was limited to 3,251,152 pieces, making their price high in some cases.

What year is the rarest old penny?

Arguably the most valuable one penny coin is the 1933 George V penny, which is worth an estimated value of £72,000. Although this was originally created as a pattern coin – which means it is not intended for release into circulation – it is believed seven were issued, making them extraordinarily rare.

Which 1943 steel penny is worth the most?

There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63.

What is the error on the 1943 steel penny?

The famed error for the 1943 penny is the copper one, as the USA switched metals from copper to steel in order to conserve metal for their war effort.

How much is a zinc 1943 penny worth?

Because they are quite common, a 1943 penny in circulated condition is not worth much. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.