Some 1943 steel wheat cents also come with a D over D mint mark error making them more valuable as they are unique. Eye appeal is an important consideration by collectors when choosing a coin to add to their collection. That change made this penny look like a silver coin, setting it apart from all the pennies ever minted before. The obverse featured the Lincoln head design, still present in the one-cent coins minted today, but the reverse portrayed wheat stalks, hence the moniker. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. Thank you, Christie, first you would need to see if the penny sticks to a magnet. The most cost-effective replacement metal for the Lincoln penny was determined to be a 99% steel planchet with a thin layer of zinc plating. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. The value of a lightly circulated 1943 steel penny ranges from 20 cents to 50 cents. Value: The value ranges from $500 to around $1,900. Interest remains high along with demand. Since most people were used to pennies made of copper, this piece was a real surprise at that time. Or, for simpler attempts, soaking the coins in a vinegar solution would be a safe way to clean Wheat Pennies. 2023 SD Bullion, Inc. All rights reserved. November 17, 2021 at 8:54 am. The reason is that the 1943 copper penny is an error coin. The value of your wartime steel cent is determined by its condition and usually depends on whether it has been circulated or uncirculated. This was accomplished by using copper shell casings gathered from military training facilities. How much is a 1943 Lincoln penny worth? While 1943 copper cents weigh about 3.11 grams. He officially announced the change in design that same year. It will also be impossible to distinguish the tiny details on the reverse, particularly the wheat grains that are almost unrecognizable. go on line and type in 1943 or 44 penny Value It depends on their condition, but if they are in good condition even if circulated you can probably get a few dollars for each one. - How much is a Silver Quarter worth? I definitely recommend getting it authenticated! Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition Date and mint mark collecting are a main focus to collections. How much would you be willing to sell one for? The penny is more valuable than the one made in Philadelphia without a mint mark. The first thing to address is that 1943 steel cents are not at all rare. High areas to check are Lincoln's beard and hair. Join us today for FREE! In the early 1940s, when the United States had first entered World War II, our nation needed to ration a variety of important materials to help win the war. Additionally, zinc develops an oxide forming a white powder coating to the metal. No areas of wear form connections to each other. 1943-D steel penny - 217,660,000 minted; 10 cents to 50 cents 1943-S steel penny - 191,550,000 minted; 15 cents to 60 cents 1943-D boldly doubled mintmark - mintage unknown; $35 to $60 1943 copper pennies (any mintmark) - Perhaps 25 to 40 known; $125,000 to $1 million+ Most are worth only 2 or 3 cents. And in very good condition. Evidence of both rust and oxidation are visible on the example coins. The 1943 copper penny is extremely rare and valuable. One without a mintmark is worth between $0.15 and $1. Technical and aesthetics grading determines value to collectors. Value:The value of a coin with this error can make for quite a few dollars, ranging from $80 to as much as $3,000 if uncirculated. These coins have been given the designation King of Lincoln Cent Varieties due to the doublings dramatic extent. Extremely Fine Grade: A light amount of wear visible to high areas places this coin in the Extremely Fine grade. Heres the current 1943 steel wheat penny value: So now that you know all about the 1943 penny value, did you strike it rich with your 1943 wheat pennies? The incorrect use of brushes or cloth can cause unwanted scratches or tears. Hi Judith. USA Coin Book Estimated Value of 1943-S Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $252,182 in Average Condition and can be Worth $593,651 or more in Uncirculated (MS+) Mint Condition. Fine This penny was in circulation for a while but without much damage. Believe it or not, some are worth much more than that! Expert's Assistant: Is there anything else the Appraiser should know before I connect you? Tod Lock says. IMG_0058.PNG & IMG_0067.JPG will my coins still b worth anything if it looks like this 1943D wheat copper or bronze penny, Hello, Orlando -- Before you go down the path of building a complete set of Lincoln Wheat pennies, use the following price guide to give you an approximatevalue and pricefor your Lincoln Wheat pennies. one in real good condition might be worth $1-$7 Michael is a contributor to SD Bullion and the founder of Your Money Geek, where he is on a mission to make finance fun. Brenner's initials would be brought back in 1918, but they were much smaller and were placed on the front of the coin near Lincoln's shoulder. Therefore, collect coins in the highest grade that you can afford. The wordpennyhas been around since medieval times, and the name of the U.S. penny comes from the British coin with the same name. Latest Offers, Straight To Your Inbox. Click here to Learn How to use Coin Price Charts. In a minute, Ill talk more about the 1943 copper penny and why its so rare. You can use the upload file icon below the text entry box, or post in our forum. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-leader-1','ezslot_7',108,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-1-0');The 1943 wheat back penny is very unique as it was the only year that Lincoln head cents where supposed to be made of zinc, however some rare zinc coated steel coins exist with a 1944 mint date. If the coin sticks to the magnet, it contains steel and is fake. Young collectors seek coins with the least amount of wear. Do you know where the penny is from? The reason 1944 Steel Cents are so valuable is precisely because they are extremely rare coins. What are they worth? Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth more than $100. Each combination is valued and listed on the chart. PCGS has more than 48,000 copies registered in MS60 or higher grades and halves to 24,000 copies registered in MS65 . Printable sheet to list and inventory your coins. Even if you didnt, your 1943 steel pennies are still neat coins and theyre historic relics from the World War II era. Hello, I am trying to figure out where do I share the photo, of my 1944 Penny minted in Philly andif it has any value? A bold D is embossed on the reverse, and the other D is less visible and positioned closer to the coins left edge. The images aren't coming through unfortunately. The valuable 1944 Steel Wheat Penny, for example, is composed of 95% steel and weighs 2,7 grams. Check your inbox or spam folder to confirm your subscription. (Price Chart), How Much is a 1930 Wheat Penny Worth? - Another California Bank Fails Over The Weekend. Preservation in a dry location has resulted in a collectible grade 1943 steel penny. I have a 1946 wheat penny with no mint mark in good condition what is it worth. Yes! They look very convincing, although you can check the coin for authenticity with a magnet. A shortage of copper combined with a need to provide coinage to commerce forced the mint to use an alternative alloy. If youve gotten to this point in the article, youre probably still curious what a 1943 steel wheat penny is worth. So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite . - Silver Price $331 Outside COMEX Trading Hours? Desirable is a complete coating of zinc. So, their absence proves that the coin is intact. You can sell wheat pennies to local or online coin dealers, in auction houses, online websites such as eBay, coin shows, or pawn shops. Matching your coin to grading images gives a good indication of its condition. Mistakes also happened, and rather than scrapping the coin, the coin was usually re-punched with the correct mark. https://nnp.wustl.edu/library/publisherdetail/51 But if I an 10 others were to put a grade on it from 1-10. The best way to determine its value would be to submit it to a third-party grading service such as NGC or PCGS. If one side has a different tone than the other it is most likely due to exposure to something or deliberate alteration. A quick glance at eBay shows where uncirculated BU rolls of 50 1943 steel pennies are only selling for $50 to $100 per roll. I'm new to this and wanted to know if there is no mint letter how would I determine the value of the coin? When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. This may come as something of a surprise to the many who believe these coins are quite valuable. What Is a Wheat Penny and How Much Are They Worth? The new penny would have the Lincoln Memorial as a motif, substituting the popular wheat stalks. Value:This penny's value ranges from about $20 to as high as $5,000 if in mint condition. How Much is a Silver Dollar Worth? You will have no difficulties recognizing them because there is a noticeable gap between these two marks. If you buy thru these links, we may earn a commission at no additional cost to you. These pennies are now worth a lot of money because they are rare. It did however present a few problems. USA Coin Book estimated value of 1943-D Lincoln Wheat Penny (Bronze/Copper Variety) is worth $408,418 in average condition and can be worth $821,820 to $2,087,886 or more in uncirculated (MS+) mint condition. Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. Top-level specimens in grades of Mint State-67 or better can go for much more, sometimes hundreds or even thousands of dollars. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. I have two fine pennies 1943 D steel wheat penny and 1944 Philly wheat penny. As you have probably known, this metal oxidizes in contact with moisture, creating stains on the surface. You're right, the grading fees will likely cost more than the coins are worth. Their value lies in their novelty. If anyone out there may be interested I somthing like that your best bet would Def not try an get ahold of me through email. When I first got into coin collecting back in the early 1990s, I thought like so many people who ask me about their coins here at The Fun Times Guide that my silvery 1943 pennies were actually made from silver. Deterioration is a concern, rusting of the underlying steel is accelerated once the outer protective zinc is worn and removed. The reason for such a coin was simple. If it does, your penny is worth about 15 cents as a novelty item. They are worth a considerable amount over theircoppermelt value due to their numismatic interest. Therefore, it replaced copper in pennies with zinc-coated steel. Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition. Value:In average condition, this penny will be worth around $950 and in mint condition around $2,200. The S-marked penny comes from the San Francisco mint. Thanks to the high production, you will effortlessly find a specimen for your collection for a very affordable price. Teletrade Coin Auctions, www.teletrade.com. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures to coin collectors. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Any suggestions where I can sell them, I am interested in them The silver colored Lincoln wheat cent minted in Philadelphia with no mint mark is the most common 1943 penny. The Philadelphia mint produced 684,628,670 pennies in 1943. We have a nice informative article on mintmarks that you might enjoy: https://coinvalues.com/library/mintmarks, This comment was minimized by the moderator on the site, https://coinvalues.com/forum/1944-wheat-penny#reply-6, To My Young Brothers & Sisters at Reddit & Elsewhere. It has lost initial shine, and nearly all relief has become flat. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. I would suggest submitting it for grading at NGC or PCGS to find out if it's a valuable error. They are worth about .10 ea. PS: never send in your coins by mail or leave them there to be looked at. 1943 "D" steel penny sells for around 2.68 in their best class. and non V.D.B. Another example of a re-punched coin, an S was originally punched and then covered up with a D. Value: The value of this coin ranges from $40 to about $260. Manage Settings Philadelphia's high mintage of 1943 pennies, (684,628,670) is the 5th highest of any year wheat cent. As you can see in this article, 1943 steel Wheat Pennies are not worth much more than face value. Silver Price $331 Outside COMEX Trading Hours? A natural blue-grey color is displayed by the fields of the coin, highlighting the legends and devices. I have a 1943 steel wheat penny that is in beautiful condition very shiny looks like a new dime no marks perfectly ledgable!! CSSocialMedia says. Other examples of valuable wheat pennies include the 1909-S VDB Lincoln Wheat Penny, the 1944 Steel Penny, and other variations of the 1943 Bronze Penny. These are worth around $85,000 or more! and new product arrivals. There area few 1943 rare wheat pennies, but most1943 wheat pennies are not rare. You can quickly notice the double-printed mintmark on the coin surface. Handle the coin gently, hold the edges only avoiding touching the surface. Some vending machines rejected the steel wheat cents. These are approximate retail prices and wholesale values. This new design approach was a break from tradition where only the designer's initial from his last name was used on the coin. Join us today for FREE! These are numismatically worthless since they are altered coins. Rare coins such as the 1909-S VDB and 1914-D are the "Holy Grails" of any Lincoln Wheat cent collection. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). But first, lets discuss what those silver 1943 wheat pennies are made from. Other factors like the mint year, condition, and rarity greatly influence the value of a collectible coin. You can quickly distinguish them by the marks on the coin reverse. ), A 1999 Penny Worth $300? There is mint identification mRk. Value:The value of this coin ranges from $50 up to $240 for uncirculated coins. 1943 pennies are indeed steel. Remember I said earlier that more than 1 billion 1943 steel wheat pennies were made? I just wanted to know, How can you tell if you have a steel penny, or a bronze penny? The following list contains the most valuable wheat pennies that were issued into circulation. Looking to see how much your wheat penny is worth? One wide spread market development was the introduction of "Reprocessed" 1943 Steel Pennies. However, many in the public were less than thrilled with the alternative composition. Although a wheat penny's face value is one cent, as a good rule of thumb, all wheat pennies, including common dates, are worth more than their face value. However, copper and nickel were also integral in making coins. | How much is a Wheat Penny worth? how do you tell if it is the right 1943 penny stated in one article if the penny sticks to the magnetic it is fake and another place states that if it does not stick it is a fake which of these statements are actually the right one. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. However, the mints accidentally made a few pennies with bronze planchets instead of steel planchets coated with zinc. I have a 1943 S mint mark copper penny. Numismatists believe some bronze planchets were used by mistake. For some reason, the Denver Mint produced around 500,000 pennies without the D mint mark this mintage year. Zinc, the protective coating, when worn, exposed underlying steel. Buypriceis what you can expect to pay to a dealer when you purchase the coin, andsellvalueis what you can presume a coin dealer to pay you when you sell the coin. Noticeable is the major elements remain separated and none are connected due to wear. if that, sorry who wants them? Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Here's a rundown on 1945 penny values and mintage figures for the different 1945 pennies so you can see how many were made: 1945 penny (no mintmark, made in Philadelphia) 1,040,515,000 minted; worth 2 to 5+ cents; 1945-D penny (struck in Denver) 266,268,000 minted; worth 3 to 5+ cents; 1945-S penny (produced in San Francisco) 181,770,000 minted; worth 5 to 10+ cents In addition to the pennies mentioned above, keep an eye out for wheat pennies with double dies and other errors they'rerare coins worth a considerable sumin the coin collecting business. Ultimate Guide To 1999 Penny Values (Including The 1999 Penny Error/1999 Wide AM Penny). In low grades, a 1943 or 1944 penny is only worth its face value. Orlando, if you have attachments it's better to post in our forum: https://coinvalues.com/forum. This minting error has resulted in a coin that is worth around $100,000 and is currently the most expensive Penny in the realm of coin collecting. If you have one in an MS 68 rating, you can sell it for $3,500. Value:In average condition, this coin is worth about $77,000 and as much as $110,000 if in certified mint state condition by a coin grading service. Since most of these coins were in circulation, today is difficult to find a specimen in excellent condition. Keep checking your change, and happy collecting! Litvak-American sculptor Victor David Brenner inherited the task. ), Top 21 Most Valuable 2000 P Sacagawea Dollar Coin Worth Money, Top 19 Most Valuable Mexican Coins Worth Money, The Philadelphia mint produced the 1943 penny that typically has no mint mark, The San Francisco mint produced the 1943 penny with an S mint mark, The Denver mint produced the 1943 penny with a D mint mark. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. From uncirculated coins collected by advances collectors to worn examples an affordable collection popular with young collectors. And the famous sculptor Augustus Saint-Gaudens was the one tasked with the redesigns. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-leader-3','ezslot_13',110,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-leader-3-0');The zinc alloy gives the coin a silver appearance and they are commonly referred to as 'Steel Cents', although they have been mistaken for aluminum and lead. This minor release of coins resulted in the exceedingly scarce 1909-S VDB Lincoln's penny. FAQs About the 1944 Steel Penny How Much is a 1943 or 1944 Penny Worth? Images used to locate mint marks finds its exact place on the chart. The penny on the left is worn throughout the hair, face, and coat of Lincoln. Value: The value of this coin ranges from 95 cents to as much as $700. US Mint. Discover how much your box of old coins is worth. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? Then they are sold via general-readership newspaper and magazine advertisements. The value of a coin varies according to many factors: metal content, purity, rarity, etc. How Much is the 1943 Steel Penny Worth? 1909, 1910, 1911, 1912,1913, 1914, 1915, 1916, 1917, 1918, 1919, 1920, 1921, 1922, 1923, 1924, 1925, 1926, 1927, 1928, 1929, 1930, 1931, 1932, 1933, 1934, 1935, 1936, 1937, 1938, 1939, 1940, 1941, 1942, 1943, 1944, 1945, 1946, 1947, 1948, 1949, 1950, 1951, 1952, 1953, 1954, 1955, 1956, 1957, 1958. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. Thank you in advance any help would be greatly appreciated ?? You can consider yourself lucky if you have a copper specimen of this penny in your coin collection. Most are entirely inexpensive, but you can find the high-graded piece for $3,250 in the coin market. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. https://www.consumer.ftc.gov/articles/0136-investing-collectible-coins, Date by DateIn Depth Lincoln Penny ValueEarly Era 1909 to 1933, Date by DateIn Depth Lincoln Penny ValueSecond Era 1934 to 1958, Coin Value Guide | How to Value a Coin Collection. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. The United States Mint accidentally used the wrong planchet metal when striking the coin. With the four different reverses on theLincoln cent in 2009, and the new Shield reverse starting in 2010, interest in Lincoln cents peaked for a few years. Also, click here to Learn About Grading Coins. Well, lots of 1943 steel wheat pennies still survive and that means there are plenty to go around to satisfy the needs of coin collectors. These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. Nevertheless, they are a cost-effective alternative to buying uncirculated 1943 Pennies and are popular in the non-numismatic market. Go on line and type in 1943 P, D or S pennies value Prices have gone way up for the 1943 copper penny over the years. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. Since only about 40 exist on the market, they are tremendously valuable. This example was well preserved over time. Reply. | Melt Value? USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Bronze/Copper Variety) is Worth $451,026 in Average Condition and can be Worth $907,557 to $2,305,706 or more in Uncirculated (MS+) Mint Condition. Date and mint mark collecting are a main focus to collections. | Melt Value? 1943 Lincoln Cents: The Value Of Steel Vs. Copper, 1992 Penny Value Guide: See What Your 1992 Pennies Are Worth (Including The Rare 1992 Close AM Penny Worth $25,000! Take a close look at their condition. The most valuable Wheat Penny ever auctioned is a unique 1943-D Bronze Cent, sold for $840,000. Some 1940 Lincoln proof pennies go for $25 or more. Take care Richard S.A. Texas, I have five very fine uncirculated 1943 Philadelphia mint pennies never been circulated the brand new in a plastic case sealed I would like to sell one is anyone interested in buying them. Typical examples in uncirculated condition usually realize $1 to $5. One is a strong Fine grade and the slightly lower condition example is a pleasing collectible 1943 penny. Each combination is valued and listed on the chart. I have two 1943 steel wheat pennies, it is worth my time to try to sell them? Click here to Learn How to use Coin Price Charts. I have one of these coinsif someone could email me and tell me what I have? Also, click here to Learn About Grading Coins. | Melt Value? A standard method is used to located how much its worth on the chart. 1943 Lincoln Wheat cent, steel composition. Some leftover copper planchets (sometimes mistaken for brass) were still in the presses from the previous year (1942) as the zinc planchets were loaded up. Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. Some valuable errors from this year include a Philadelphia minted MS66 penny struck on a dime planchet which sold at Heritage Auctions for $8,400. These coins are struck from a zinc coated steel alloy. Grading condition is guided by standards. Identify date, mint and condition; a wide range of values is found and identified. Hey Daniel. After a while, the coins quickly lost a zinc surface layer and were prone to rust. Additionally, the high copper content gives the coin a higher value than its face value. Handling and circulating through commerce easily start the process of metal removal. Due to their high value for coin collectors, there are lots of fakes around. Given the popularity of collecting Lincoln Wheat cents, there will always be a demand for quality coins. The United States Mint struck over 600,000,000 of the Lincoln Wheat Penny in 1943, which is a fairly large mintage. * = See the article "Lincoln Wheat Penny Key Dates, Rarities and Varieties" for more information on these coins. Unfortunately, this change in the material wasnt an excellent idea. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. The store will not work correctly in the case when cookies are disabled. 1944 US Mint Annual Report With this list of Lincoln wheat penny values in mind, you can now be on the lookout for wheat pennies to add to your collection or earn a few extra dollars in case you spotted one of these in your spare change. Identity of Date and Mint Mark begins the process. His temple, cheek, and jaw are smooth and flat on the highest ridges. Click here to learn how to use coin price charts. All rights reserved. Hope that helps! 1943 steel cents capture interest of collectors. Josh @ CoinValues. Above Lincolns shoulder is the word LIBERTY, while in front of the profile are the year of minting and the mint mark. JavaScript seems to be disabled in your browser. It is the only use in US coinage of this alloy. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. In Extremely Fine condition, it is worth about $0.04 and could sell for $0.89 in uncirculated condition. There are many valuable, rare pennies out there. Hi Kelli. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Besides being the first strike dating back to 1909 for widespread circulation, the US Mint produced a limited edition of 484,000 units. Very popular with collectors. These are rare pennies to look for in . Only a couple dozen pieces were made and exist today, and each is worth about $100,000. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. Place higher grade coins in individual holders. Wheat pennies refer specifically to Lincoln Cents produced from 1909 to 1958. Another scam involves the 1948 penny. Of course, the offer you receive from a particular coin dealer will vary depending on the actual grade of the coin and several otherfactors that determine its worth. Investing in Collectible Coins. Unique in US mint history, three varieties of these 1943 cents were struck. In this instance, the United States Congress passed a law that specified pennies produced in 1943 will be made out of steel instead of bronze. The 1943 wheat penny made from zinc is worth between $0.16 (G4) and $6,000 (MS68) depending on where they were minted. Although market prices have eased over the last few years, this renewed interest has kept values and prices pretty stable over time. Historic value is high. Hi Jules. All Wheat Pennies are worth at least three times face value, but of course many are worth substantially more especially the key date Wheat pennies. I buy coins in the mail and they are tracked to my address, but 50% of the time I get them and 50& of the time I dont. Michael is passionate about personal finance, side hustles, and all things geeky. Upper surfaces are clearly flattened and smoothed. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. A lightly circulated 1986-D quarter can sell for as much as 50 cents, while uncirculated 1986-D quarters are usually worth . The decision was made to strike 1943 wheat pennies from zinc-plated steel planchets. Double die minting errors result from two impressions being made that are slightly offset from one another. Also important to collectors is condition of a coin. 1944 Lincoln Wheat cent. Secondly, once the new metal composition was released into circulation rust and oxidization was now a new consideration to collectors in judging qualities of these coins. The consent submitted will only be used for data processing originating from this website. There are no rust signs on this penny, but you can often notice places where zinc coating is incompact. Ed. That might bring you $2 -$4 on EBAY maybe, but you need to show what they look like as well. This set is commonly sold in mass-market offerings. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. How much a steel penny is worth is very dependent on the condition of the coin.
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