If the coin sticks to the magnet, it's a copper-plated steel, and therefore a fake. To ensure your 1943 copper penny is not actually steel, do the magnet test. The site also warns that many 1943 copper pennies are fakes because a 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead.Īdditionally, some scam artists copper-plate steel coins. While authentic steel pennies will stick to magnets, fakes that are copper and zinc-coated will not. The 1959 Lincoln penny was composed of 95 copper and 5 of zinc and tin. How do I know if my penny is real?Ī quick way to check the authenticity of a 1944 steel penny is to see if it sticks to a magnet, according to Coin Trackers. The value of the 1959 Lincoln Memorial Penny (MS+) Mint Condition in circulation is worth from 0.22 to 0.33 or more. Therefore, because only a small number of pennies were made of copper in 1943 and steel in 1944, they are a rare and valued find for collectors. Similarly, any 1944 steel pennies would have been released by error into the coin supply. The current copper melt value for each penny is about 0.02. The pennies minted that year, during World War II, were supposed to be steel so that more copper could be used in the manufacturing of war materials. Most 1969 pennies in circulated condition are only worth their weight in copper. Other similar 1-cent coins are as follows (the values are relative to excellent qualities). The reason 1943 copper pennies are so rare is that all of them would have been released by error into the coin supply. Philadelphia, the main mint along with branch mints Denver and San Francisco struck wheat cents. The most valuable 1969 dime to ever sell was graded Mint State-67 by Professional Coin Grading Service and took 1,495 in a 2021 auction. UM coach says injured safety Kamren Kinchens is ‘in good shape' after scary hit during game against Texas A&M Step 1: Date and Mintmark Combination Identify variety of Lincoln cent. 1969 dime 145,790,000 minted worth 50 cents to 3.
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