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.

Are 1943 steel pennies rare?

While 1943 steel Pennies are about as common as any other 1940s Lincoln cent, there is one variety from 1943 that stands out for its rarity: the 1943 bronze Lincoln Wheat Penny. Approximately 30 to 40 1943 Pennies were inadvertently struck on 1942 bronze coin Planchets.

What are 1943 wheat pennies made of?

Rare 1943 wheat pennies are made from bronze — they look similar to most other copper pennies from other years. In fact, 1943 copper wheat pennies are usually worth $100,000 or more! In a minute, I’ll talk more about the 1943 copper penny and why it’s so rare. But first, let’s discuss what those silver 1943 wheat pennies are made from.