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Additional Details
sorry
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Ivy_N_Jeremy | I have a 1943 steel penny that i heard was worth 1 million dollars? |
my father told me that he seen that if you have a penny that sticks to a magnet it was worth 1 million dollars and they were looking for the three that are out there. and i have one from 1943 that is steel and it sticks to a magnet. |
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cnjrtom
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No, it's the brass ones from that year that are rare. The steel ones are very common. |
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Hey
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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.
To find out about coin experts in your area, you may call the American Numismatic Association at (719) 632-2646. |
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Spock (rhp)
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you and about 10 million others have one.
and no -- Stack's or any other coin dealer will not buy it for 1 million. try their website [I don't know if they have representative quotes online or not]. |
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j.olsen82
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I assume that its 1943 b.c. Otherwise it worths my *** |
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Dart Swinger
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No, it's not worth nearly that amount. They are fairly common, as a collectible. |
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piet lul
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lucky you. |
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robrarker
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He's messing with you, it's worth more than a penny, but not quite a mil. |
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jeffery d
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Holy cow!!! I have a 1940 something steel penny!!! I have got to check this out, tell how and where to look to find out when you find out. |
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justin R
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i also have an 1943 penny it is magnetic if know how much it is worth please let me know. |
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Ashley D
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Your dad is a liar. |
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