1943 Copper Penny – Is Yours Genuine or Fake? 1 1943 Steel Pennies. In 1943 all pennies minted by the United States mint were made out of zinc plated steel because the United States needed copper for World War II 2 Copper Plated 1943 Fakes. 3 Altered 1948 Lincoln Cent. 4 Chinese Counterfeit Coins. 5 Seek a Second Opinion. …
What kind of coin is a fake 1943 Lincoln cent?
Chinese counterfeiters are manufacturing some high-quality counterfeit coins to deceive coin collectors in the United States. These coins are made to resemble a genuine 1943 Lincoln cent, and the Chinese counterfeiters use copper blanks so they won’t stick to a magnet.
What’s the difference between a 1943 copper penny and a Chinese counterfeit?
These coins are made to resemble a genuine 1943 Lincoln cent, and the Chinese counterfeiters use copper blanks so they won’t stick to a magnet. Unfortunately, there is no easy way to tell the difference between a genuine 1943 copper penny and a Chinese counterfeit.
When did the bronze Lincoln Penny come out?
The 1943 bronze Lincoln cent first came to light in the mid-1940s and quickly took the numismatic world by storm. During this time, the United States Mint was striking pennies from zinc-coated steel planchets.
The 1943 steel pennies have value as numismatic coins. Keep reading to learn more about these one cent coins. In 1943 the US was fighting in WWII and a copper shortage led them to issue steel pennies. These pennies are made of steel and coated in zinc. They have the same design as the other wheat pennies.
Why are the planchets of the 1943 Penny rusting?
As the zinc coating wore off the steel core the exposed steel underneath began to rust. The manufacturing process for producing the planchets was also flawed. Mint workers first rolled a sheet of steel to the proper thickness. Next, the steel sheet was plated with zinc and passed through a blanking press.
When did they stop making the Steel Penny?
In December 1943 Treasury Secretary D.W. Bell announced that as of January 1, 1944, the steel composition cents would no longer be made, and the coins would return to their prior composition.
Which is lighter a copper penny or a Steel Penny?
Steel 1943 pennies weigh just 2.7 grams each, lighter than the copper penny of 3.11 grams. It is also the only US coin to not contain any copper whatsoever. How much is a 1943 Steel Penny worth? Steel pennies are sometimes referred to as a silver penny. However, steel pennies are not actually silver, but steel.
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. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets. This minting error has resulted in a coin…
How much does a 1943 Wheat cent weigh?
Weight: At its purest form, 3.11 grams, though circulation tends to make a coin lighter through wear and tear. Design: Front is Lincoln. Rear is wheat stalks typical of Wheat cent or Wheatback penny. History of the 1943 penny:
What was the silver penny made of in World War 2?
The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. During World War II, the war effort required a lot of copper to make shell casings and munitions.
How much is a 1944 Lincoln Steel Penny Worth?
In the year 1944 something very similar happened but in reverse. Some steel dies from the previous year’s Lincoln Steel Penny were used to manufacture 1944 copies in steel. A copy of the 1944 Lincoln Steel Penny MS64 was auctioned off in 2013 for a price of $158,625.
