Quick Answer: How Much Is A 1943 Silver Penny Worth?

How do I know if my wheat penny is valuable?

For most pennies, those minted in recent years are worth, well, a penny.

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents.

Those in better condition can have double-digit value.

Special examples (especially those in near perfect condition) can be worth much more..

Is a 1942 penny rare?

Having said that, collectors are really only interested in older versions of the coin, like the 1942 Lincoln. These pennies are collectible not only because of their age and historical significance, but because they are rare and growing rarer by the day.

What pennies are worth keeping?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

What Penny is worth millions?

A man’s rare penny he kept for decades could be worth over $1 million. A penny is only worth a cent, but not one found in Massachusetts in 1947. Fewer than 20 of the rare 1943 Lincoln pennies were ever made– and that was due to an error.

Is a 1944 penny worth anything?

Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 15 cents, while one in certified mint state (MS+) condition could bring as much as $6 at auction. …

How much is a 1943 coin worth?

They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.

Should old coins be cleaned?

It is best not to clean rare coins as removing the patina can significantly reduce the value of them. For this reason, most coin hobbyists almost never clean their coins. In fact, 99% of coins do not increase in value after you clean them, but many will be greatly devalued.

How can I tell if my 1943 silver penny is real?

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.

How much is a 1943 Australian penny worth today?

An Extremely Fine coin with traces of mint red might be worth $20, almost uncirculated coins worth perhaps $50-$75. A full red uncirculated 1943 penny from the Melbourne, Perth, or Bombay Mint is worth up to $250.

What makes a 1943 steel penny valuable?

1943 Steel Cent Value That common misperception likely stems from the popularity of the well-known 1943 bronze cents. This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints.

What is the rarest penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

What is the error on a 1943 steel penny?

The Story: These are popular with collectors since the 1943 Lincoln cent is an outlier in the series. The issue was generally struck on zinc-coated steel planchets that year to conserve copper for the war effort. The most valuable of the wartime off-metal errors are 1943 Lincoln cents struck on bronze planchets.

How much is 1945 penny worth?

CoinTrackers.com has estimated the 1945 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $3.