To ensure your 1943 copper penny is not actually steel, do the magnet test. The site also warns that many 1943 copper pennies are fakes because a 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead.Īdditionally, some scam artists copper-plate steel coins. While authentic steel pennies will stick to magnets, fakes that are copper and zinc-coated will not. How do I know if my penny is real?Ī quick way to check the authenticity of a 1944 steel penny is to see if it sticks to a magnet, according to Coin Trackers. Cents 2022 (These pages are in-progress and some coins may not have prices or all dates listed yet. Therefore, because only a small number of pennies were made of copper in 1943 and steel in 1944, they are a rare and valued find for collectors. Similarly, any 1944 steel pennies would have been released by error into the coin supply. The pennies minted that year, during World War II, were supposed to be steel so that more copper could be used in the manufacturing of war materials. The reason 1943 copper pennies are so rare is that all of them would have been released by error into the coin supply. “You can find this variety in both the Philadelphia and Denver minted types,” Shaun declared, claiming that possession of the coin could be “life-changing.On last day of school, Miami-Dade superintendent discusses impact of new laws on education Twitter / describe this as the “Close AM” variety, and it will also feature the initials “FG” - for Frank Gasparro - engraved near the image of the Lincoln Memorial. “If you have a coin where the A and the M are nearly touching, then you have the rare variety.” “If you have a coin where the A and the M are nearly touching, then you have the rare variety,” Shaun stated. “Flip the coin over,” Shaun states in his viral video, instructing owners to look at the word “America” written on the reverse of the penny. Twitter / there are subtle differences that distinguish them - and it’s those that you need to watch out for. A coin expert has gone viral on TikTok after revealing that a rare type of 1992 Lincoln penny could be worth upwards of $26,000. They both feature a profile of Abraham Lincoln on the obverse side and an image of the Lincoln Memorial on the reverse side. Use our list to find the estimated worth of your coin. The commemorative Lincoln coin was designed 30 years ago by US Mint Chief Engraver Frank Gasparro, but Shaun says there are two different types - and only one is super valuable.Īccording to the TikToker, both varieties initially appear almost identical. Lincoln Penny Dates and Values 2022 How much is my Lincoln Penny worth Find the most valuable Lincoln pennies worth money as well as key dates with our Lincoln cent value guide. Here are some of the most valuable wheat pennies updated as of July 2022. The expert, known only as Shaun, took to TikTok to share a video about the penny, which has garnered more than 30,000 views. We have discounted proof coins, error coins, as well as any special strikes, to create a clean list of pennies you have a higher probability of finding from the current pool of circulating United States currency.
Rare coin dealer’s $100K collection looted at NYC conventionĪ coin collector is urging Americans to check their change drawers to see if they’re in possession of a 1992 Lincoln penny worth a whopping $26,000. Pocket Change Penny Guide Of all the cents currently in circulation these pennies are worth the most money.
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Rare ‘doubled die’ penny sells for $2K - how to spot one Year Type Mintage Very Fine AU Mint State 1944 P 1,435,400,000. in general these coins need to be in nearly uncirculated condition to hold much value. In 1943 the Lincoln Cent was minted in steel coated zinc.
In general, the Lincoln Wheat Cents minted from 1909-1942. Or browse our previous auctions using our text-based directory Sell or auction your old coins With. These pennies are 95 Copper and 5 Tin & Zinc. Nickel for your thoughts? Antiquated coin costs 10.4¢ to makeĢ004 state quarter may be worth thousands Penny values are determined using a step by step method.
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