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25 Οκτ 2024 · Coins graded 60 and above are known as “mint state”. They’re coins that have never been circulated and show minimal wear as a result. A Philadelphia 1943 steel penny graded MS60 is worth about $11. That rises to $30 for a coin graded MS65, the lowest level classified as “gem quality”.
30 Αυγ 2024 · I tested the authenticity of my 1943 steel wheat penny with no mint mark, and it was magnetic! A rare find for any coin collector. Get yours now.
The easiest way to determine whether or not your 1943 Cent has collectible value—to see if it is possibly bronze rather than steel—is simply to test it with a magnet. If the coin is magnetic, then it is, unfortunately, the common steel version and is not valuable in most cases.
In 1943, the Philadelphia Mint coined 684,628,670 Steel Pennies without mint marks. In January 2010, an AU 58 sold for $218,500. But an MS 68+ was $33,600 in November 2020. Type: Steel Wheat Penny; Edge: Smooth; Mint Mark: None; Place of Minting: Philadelphia; Year of Minting: 1943; Face Value: 1 Cent; Highest Price: $218,500 in January 2010
11 Νοε 2024 · Magnet Test: Genuine 1943 steel cents are magnetic due to their steel content. If a coin does not stick to a magnet, it is likely fake. Weight Check: Authentic steel pennies weigh approximately 2.7 grams. If the coin is significantly lighter or heavier, it may be counterfeit.
10 Ιαν 2018 · Step1: Use The Magnet Test. Before you read a dozen articles, go to five coin shops, and watch a bunch of youtube videos, just do the magnet test. It is as easy as this. If your 1943 penny sticks to a magnet then it is made of steel. If it does not stick to a magnet then it is made of something else. I hear what you are saying right now.
2 Μαΐ 2024 · There are several factors to consider when authenticating a 1943 steel penny. While the biggest element is authoritative grading, there are three major elements that can be assessed at home, including a magnet test.
