How much is a 1943 Lincoln wheat penny worth?

Zinc-coated steel was used as the substitute metal composition and hence the new silver-like coin is known as the wartime steel cent or steel penny. USA Coin Book Estimated Value of 1943 Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.23 in Average Condition and can be Worth $2.98 to $9.69 or more in Uncirculated (MS+) Mint Condition.

What is a 1943 silver-colored Penny?

The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. During World War II, the war effort required a lot of copper to make shell casings and munitions. In 1943 U.S. Mint produced the penny out of zinc plated steel to save copper for the war effort, so most 1943 pennies are silver colored.

How much does a 1943 Steel Penny weigh?

The steel content means it’s the only magnetic US coin. And it’s also 13 per cent lighter than copper cents. It weighs 2.7 grams, compared to the 3.11 grams of the cents issued the previous year. This YouTube video from VIP Art Fair Collectibles looks in detail at the history and features of the 1943 steel penny.