Denominations

Pennies / Cents

Two Cent
Pieces


Three Cent
Nickels


Nickels

Dimes

Quarters

Half Dollars

Silver Dollars



Collecting-US-Coins.com
Your Guide to American Coins and Coin Collecting
Thursday July 20, 2017


Special Topics

Coin Collecting

Metal Detectors

Gold and Silver


Steel Penny / Cent
Years of Production: 1943
Compostion: Steel and Zinc
Minted at: Steel pennies were struck at the Philadelphia Mint, Denver Mint and San Francisco Mint
Location of Mint Mark: Obverse side, below date
Designer: The steel penny was struck using the original Lincoln "wheat penny" design by Victor D. Brenner
Comments: Steel pennies (cents) were minted in 1943 to free up copper supplies for war production. Click coins at right to view obverse and reverse coin detail.


How much are my steel pennies worth? A steel penny -- with a face value of 1 cent -- can be worth more depending on certain factors. Coin value is dependant on the coin's condition, often rated as Fair, Good (G), Very Good (VG), Fine (F), Very Fine (VF) or Extremely Fine (EF or XF). Proof coins are specially struck coins with mirrored surfaces.

In addition to the quality of a coin, its value is also dependant on how rare it is. Below is a list of the approximate mintages of Lincoln steel pennies.

1943 (Steel) 685 Million
1943-D (Steel) 218 Million
1943-S (Steel) 192 Million


Coins - Pennies - Steel Pennies





Coin collecting or Numismatics rewards the hobbyist in many ways. Coin values can be strictly described as the monetary value or price of given coins; but the knowledge of history, economics and geography available to coin collectors makes coin collecting an invaluable experience well worth sharing with friends, children and grandchildren.

A coin collection need not start with particularly old, rare, or valuable coins of gold or silver. Young collectors are captivated by the unfamiliar designs of such standard American coins as the Indian Head Penny and the Buffalo Nickel. Representative examples of such quintessential coins can be obtained at minimal cost to novice collectors willing to accept coins with high mintages or some wear. Patient culling can be more economical than paying dealer prices. Such coins will help teach basic lessons in grading coins and help to fill up the empty slots in the novice's coin albums. The newly released State Quarters series and Sacagawea Dollars can also be interesting points of entry for young hobbyists discovering the world of coin collecting.

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