Tuesday, March 13, 2007

Message to Collectors About the 1943 Steel Penny

If you have obtained a 1943 steel penny, then I'd your best bet would be to look in your phone book and find a local coin collector or coin collecting group. You could also take it to a local bank and see if they know anyone who can identify it.

I wouldn't consider this a rare find. The mintage for the 1943 steel penny at the Philadelphia mint was 684,628,670, for Denver 217,660,000 and San Francisco 191,550,000.

The value of the ones that are still in circulation are only valued between two and twenty-five cents, due to the fact that millions have been re-plated to look better.

Those that have not been circulated or re-plated at all are only worth a few dollars value.

The 1943 steel penny is a fun collector's item, but the copper penny of that year is where the rarity and money is in the 1943 steel penny debacle.

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