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Coin and Paper Money Collecting/1943 penny
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Question
i have a 1943 penny but cant tell what the letter is so how do i go about finding out if it is a valuable one and how much it is worth if it is valuable?
Hi Jessie, the letter is not important. What is important is what it is made of. In 1943, the pennies were made from steel that was coated with zinc. These are common and worth a few cents each. However, there were some errors where the coin was made from copper, like a regular penny. If that is the case, it is worth $10,000 and up.
See if it sticks to a magnet, if it does, it is steel.
Regards
Joe Hylas
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Answers by Expert:
Joe Hylas
Expertise
Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.
Experience
Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US
Organizations
PCGS, NGC, Rotary
Publications
Physician's Money Digest
Education/Credentials
Bachelor's Degree in Business Administration
Awards and Honors
Paul Harris Fellow
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