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Although United States penny is widely known to hold a higher mintage cost than its face value, the United States actually made a large profit on minting steel coins. In 1943, the cost of a gross ton of steel was $34.
Ten pennies worth money to look for in 2024 include: 1943-D Lincoln Bronze Wheat Penny — $2.3 million. 1944-S Steel Wheat Penny — $1.1 million. 1793 Strawberry Leaf Cent — $862,000.
It may be time to dig out that old piggy bank and see if you’ve got a fortune stashed away.
1943-D Lincoln Bronze Wheat Penny: $2.3 million. Designed by Victor D. Brenner, this is one of the rarest and priciest pennies in circulation today. During World War II, pennies were made of steel ...
Wartime cent, 1944–1946 (Brass except as noted) Year Mint Mintage Comments 1944 (P) 1,435,000,000 (P) >27 Zinc-plated Steel. 27 known. D 430,578,000 D ^ D over S D
Cents minted in 1943 were struck on planchets punched from zinc-coated steel which left the resulting edges uncoated. This caused many of these coins to rust. These "steel pennies" are not likely to be found in circulation today, as they were later intentionally removed from circulation for recycling the metal and by collectors. However, cents ...
In 1943, the U.S. switched to zinc-coated steel to help save copper during World War II. More than one billion 1943 steel cents were struck, Gainesville Coins reported , but some were accidentally ...
A few 1943 bronze cents and 1944 steel cents are known to exist, and they are valuable. [51] Only one 1943-D cent in bronze is known; it sold in September 2010 for $1.7 million. [ 52 ] One of the four known 1943-S cents in bronze was sold to Texas Rangers baseball team co-chairman Bob R. Simpson for $1 million. [ 53 ]
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