How much is a 1943 penny worth?

1943 Steel Penny Value: How Much Th... Most steel pennies are worth between 20 cents and 20 dollars. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. For the most reliable information on coin values and coin collecting, trust precious metals experts rather than craft and hobby websites.

Why is a 1943 steel penny so popular?

In 1943, during World War II, the United States faced a copper shortage due to the war effort. As a result, the U.S. Mint made a unique decision to produce pennies using steel instead of traditional copper. This makes the 1943 steel penny a highly sought-after coin among collectors.

What is a 1943 steel cent?

The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since 1909. Due to wartime needs of copper for use in ammunition and other military equipment during World War II, the United States Mint researched various ways to limit dependence and meet conservation goals on copper usage.