1943 Silver Penny Value

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The only penny or one cent coin to come from the United States Mint in a silvery color was the 1943 Zinc-coated Steel Penny. It is possible that your penny was coated in a very thin coating of silver and sold or given away as a novelty item, perhaps a store opening or something of that nature. 1943 D Steel Wheat Penny. CoinTrackers.com has estimated the 1943 D Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $12.

by Kari Thomas
(Prescott, AZ)

Question: I have a Lincoln/Lincoln Memorial Building 1959 One Cent Penny, without D or P. It is SILVER coated (looks like a dime) on both sides, and you can tell along the rim there is part copper, part silver.


Could this be a rare coin?
THANK YOU for any help.
Kari Thomas
My Answer: The penny you describe did not come from the mint in silver. I would suspect that someone has coated it with something silver color or maybe actual silver, who knows.
The only penny or one cent coin to come from the United States Mint in a silvery color was the 1943 Zinc-coated Steel Penny.
It is possible that your penny was coated in a very thin coating of silver and sold or given away as a novelty item, perhaps a store opening or something of that nature. Sometimes private mints will do this, such as with the gold plated quarters.
The silver coating the coin (if it is silver) is probably so thin that it does not even increase the intrinsic value (i.e. the value of the precious metal in a coin).
Serious coin collectors only want coins that have not been altered in any way. They want them just the way they came from the mint.








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CoinTrackers.com has estimated the 1943 D Steel Wheat Penny value at an average of 45 cents, one in certified mint state (MS+) could be worth $12. (see details)...

Type:Steel Wheat Penny
Year:1943
Mint Mark: D
Face Value: 0.01 USD
Total Produced: 217,660,000 [?]
Silver Content: 0%
Numismatic Value: 45 cents to $12.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 45 cents, while one in certified mint state (MS+) condition could bring as much as $12 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1943, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: This coins has a Double Die error for the year, and the errors are worth up to $1300 if in great condition! In the year 1943 the Unites States issued the steel penny because the copper was needed for World War II the steel look is actually the result of the mint using a Zinc coating.


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**When we say that 217,660,000, of these coins were produced or minted in 1943 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

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