Penny

[mjido]

Found a 1943 copper penny. Under the 1943 is the letter "E". Just interested if it is worth any thing. Also an 1889 silver dollar.


Jim

 

[Chevelle4ever]

I dont know if its worth anything but thats a nice find

 

[Coldshuz]

Found a 1943 copper penny. Under the 1943 is the letter "E". Just interested if it is worth any thing. Also an 1889 silver dollar.


Jim

According to the US Mint

The United States Mint · About The Mint

According to the American Numismatic Association, the 1943 copper-alloy cent is one of the most idealized and potentially one of the most sought-after items in American numismatics. Nearly all circulating pennies at that time were struck in zinc-coated steel because copper and nickel were needed for the Allied war effort.

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.

 

[diggummup]

I have a few 1943 coppers. Unfortunately, they all stick to a magnet. Pics would go a long way too on this thread, even though there is a 99.99999999999999998 % chance that it is a fake.

 

[Mackaydon]

A real one is worth a million dollars: 1943 Bronze Penny Sold For $1 Million To Bill Simpson, Texas Rangers' Co-Owner (PHOTO)

 

[Chevelle4ever]

You should deff do the magnet test and let us know cause that would be one of the best finds that I have heard so far I didnt know that much about that coin thanks everyone for the extra knowlege

 

[Joe Dirt]

Pix or it didn't happen...lol

 

[Diver_Down]

Be wary of altered copper cents. Many 1948 cents were altered such that it would read 1943. Most likely it fake - either a copper-plated steel cent or an altered copper cent. Post up some pictures so that we can help you further.

 

[Sheldon J]

Photos....

 

[Dihren]

Did it stick to the magnet?

 

[Chevelle4ever]

Its a lie

 

[diggummup]

Its a lie

Nice introduction to the forum, calling someone a liar.


For other members, here is a pic of one of the fake ones I have found over the years, notice the copper coating has started to wear off on the rims and high points-




And Jim (aka-mjido)- What mint was the Morgan Dollar minted at? Look for a letter on the reverse under the center of the laurel wreath and above (between) the letters D and O in dollar.
And...
people do like to see pics on this forum.

 

[Chevelle4ever]

Who was talking to you anyways