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1943 Lincoln, Steel

Front - 1943 lincoln steel penny Back - 1943 lincoln steel penny

Description

During the early years of World War II, copper was in short supply. In 1942 the Mint sought to replace copper in our coinage, and the Durez Chemical Company, North Tonawanda, New York, was commissioned to find substitutes. Experiments ensued, and medalets the approximate size of a cent were struck in such diverse materials as fiber, white metal, plastic, and zinc-coated steel. The last format was adopted, and the following year, 1943, saw the production of Lincoln cents in zinc-coated steel at the Philadelphia, Denver and San Francisco mints.

Examples of the 1943 Lincoln cent are readily available in all grades from Very Fine through superb Uncirculated, although worn grades tend to be a bit "scruffy" in appearance.

Valuation

While zinc-coated steel became the material of choice for 1943, apparently a few coins were struck with the traditional copper alloy. If you find one of these, you will have found one of the most prized collectible coins in the world.
COIN NAME
1943 Lincoln, Steel
DESIGNED BY
Victor David Brenner
ISSUE DATE
1943
COMPOSITION
Zinc-coated steel
DIAMETER
19 mm
WEIGHT
41.67 grains
EDGE
Plain
BUS MINT
1,093,838,670
PROOF MINT
None

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.