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The unique composition of the coin (low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition) has led to various nicknames, such as wartime cent, steel war penny, zinc cent and steelie. The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since 1909.
The cent's composition was changed in 1982 because the value of the copper in the coin started to rise above one cent. [7] Some 1982 cents used the 97.5% zinc composition, while others used the 95% copper composition. United States cents minted after 1982 have been zinc with copper plating.
Most pennies minted since mid-1982 are struck on planchets made up of a solid zinc core with only a trace of copper. This is what $26,000 coin should have been struck on.
Up Next: 10 Rare Coins Expected To Soar in Value in the Next Five Years. For You: 3 Things You Must Do When Your Savings Reach $50,000. ... Made of 95% copper and 5% tin and zinc alloy, ...
For example, in India some coins have been made from a stainless steel that contains 82% iron, 18% chromium, and many other countries that have minted coins that contain metals now worth nearly the coin face-value, are experimenting with various steel alloys. Italy had earlier experimented with acmonital, a stainless steel alloy, for its coins ...
Estimated value: Between $250,000 and $2 million The 1974 Aluminum Lincoln Cent is an elusive and highly valuable coin, notable for its unique composition. In 1974, the U.S. Mint experimented with ...
The following mint marks indicate which mint the coin was made at (parentheses indicate a lack of a mint ... Zinc-plated Steel pattern D 206,698,000 S 85,590,000 (P) ...
A coin in mint state could be valued at around $6,000, according to Coin Trackers. There is a regular 1922 and weak D type, but the no D is worth five to twenty times more than the regular and ...
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