12 facts about 1943 Lincoln Steel Penny
Material Change: The 1943 Lincoln Steel Penny is unique because it's made from steel coated with zinc. This change in composition was a result of the shortage of copper during World War II.
One-Year Wonder: 1943 is the only year in U.S. history when pennies were made of steel. Afterward, they reverted to their traditional copper composition.
The 'Silver' Penny: Over time, the steel pennies often develop a silvery appearance due to the zinc coating wearing off.
Secret Experiment: The 1943 steel pennies were initially an experiment to conserve copper for the war effort. They were never intended for general circulation, but a few accidentally circulation.
Mint Marks: To identify where a 1943 steel penny was minted, check for mint marks on the reverse side. "D" indicates Denver, while "S" signifies San Francisco.
Rare Errors: Some 1943 pennies were mistakenly struck on copper planchets, making them extremely valuable and sought after by collectors.
Collector's Dream: In pristine condition, a 1943 Lincoln Steel Penny can fetch a high price at auction, especially if it retains its original luster.
Legal Controversy: In 1974, the U.S. government declared it illegal to own a 1943 copper penny since they were meant to be returned to the mint. However, a few of these pennies remain in collections.
Beware of Counterfeits: Due to their value, counterfeit 1943 copper pennies are prevalent in the market. Authenticating them requires expertise.
The 'Steelie' Connection: Coin enthusiasts often refer to the 1943 steel penny affectionately as "Steelies."
Numismatic Mysteries: The exact number of 1943 copper pennies in existence today remains unknown, adding an element of intrigue to their story.
Educational Tool: Owning a 1943 Lincoln Steel Penny offers a tangible connection to the challenges faced by America during World War II.