Pds Uncirculated
Do you know anything about a 1943 Steel Penny?
Please, serious answers only.
This is what I have. The information on each is as follows:
Coin Set A
Quantity: 2
Mint:Philadelphia
“Uncirculated”
MS 65
Coin Set B
Quantity: 3
Package reads:
USF-13
1943 P, D, S
Reprocessed Steel Cent
Littleton Coin Co.
Priced According to Condition (which looks pretty good)
I have a third set of three that looks pretty worn labeled 1943 PDS. I don’t know anything else about it.
What does all this info mean? I have read online that they are only worth a few dollars. I have also read that they are worth around $60. Does anyone know? If you are a coin collector and know your stuff, please answer. (If not, I know how to use a search engine)
Thanks!
Some information about your coin first!
The 1943 Cent is made of 100% Steel, and is coated with a thin layer of zinc. The steel composition gives this coin its silver looking surface.
When first introduced, these Strange cents were “shunned” by the general population … they were often called “lead pennies”, “lead cents”, or “steelies”. When these cents corroded, they looked like slugs, hence the nick name, “lead pennies.”
About their value!
They were minted by the millions!!!! All three Mints made the Steel coins. Philadelphia produced 684,628,670 of them. Denver Mint produced 217,660,000 of them. San Francisco produced 191,550,000 of them. So they are not rare. And therefore they have a low value! Your Coin Set A (uncirculated ms65) probable has the biggest value which want be more than 5-8 dollar each! (Of course if they are in a fantastic condition you will probably get more)
The Coin set b you have worth nothing! And that’s because the cents were “Reprocessed”. (that means that over the years crafty and unscrupulous dealers began to alter these coins … the outside coatings were stripped down and were “Reprocessed” with a glistening new coating. They have NO Numismatic Value due to the manipulation of their original condition!)
Your coin set c probably has no value at all.
Never the less check at eBay and you will find similar coins for sale. It will be a good guideline for the price!
(Very rare and valuable is the 1943 copper-alloy cent. It is actually one of the most sought-after items for coin collectors, as all circulating cents made in 1943 were struck in zinc-coated steel. It sells for thousands of dollars.)