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Question
"Hello, i have a wheat penny that i found recently and found it interesting this penny is from 1940s and abit damaged i have a picture http://i208.photobucket.com/albums/bb320/itachi00_2007/coins001.jpg and i was wondering why it wasn't made of steel? and if their is any value to this wheat penny -sam"
Hi Sam,
Steel Pennies were made in 1943, however and few were struck in 1944 because a few coin blanks were left in the presses when the new production started. The same happened in 1943, a few copper blanks were left from 1942. 1943 copper and 1944 steel cents are rare and worth a few thousand each.
You didn't say what year your was, hopefully it is one of the rare ones as I would love to buy one!
Regards
Joe Hylas
Omega Precious Metals
www.AllCoins.US
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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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