1943 Steel Wheat Penny Value

Large, long-term precious metal investments

Jul 02, 2020 Making The 1943 Steel Cent. The steel penny may seem like a random anomaly to some. Yet the coin has a vital connection to an international historical event. The 1943 steel cent was produced during the height of World War II. This global conflict saw the United States military's involvement from 1941 through 1945. In 1944 the US mint accidentally produced some steel pennies. They are worth a lot of money! This video will show you how to check for these rare coins! 1) 1943 Steel Cent minted during the World War II copper shortage era. 2) 1943 Copper Penny minted with extreme rarity due to most likely leftover copper planchets (blanks) from 1942. The 1943 copper penny can be worth a million dollars as an extremely rare and sought after collectible coin.

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GOLD BULLION

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SILVER BULLION

Silver Investment Choices

Consider investment choices when choosing silver.

• Small amounts of bullion.
• Bulk silverpurchases.
• IRA and 401(k).
• Silver coins, bars, rounds.

Silver is a popular choice when considering precious metals such as coins and bars. This metal along with others are a reliable inflation hedge. This protects you during economic crisises and allows you to weather the storm for the long haul. Having a portion of your assets in silver allows you to secure investments for the long-term. You can purchase silver from the safety of your home with many options to choose from.

PLATINUM BULLION

Platinum Investment Choices

Diversify with platinum precious metals in your portfolio.

• Small amounts of bullion.
• Bulk platinumpurchases.
• IRA and 401(k).
• Platinum coins, bars, rounds.

Platinum is known as one of the most valuable precious metals you can buy simply due to its rarity and essential value in the automotive and economic industries. This metal is a useful consideration when purchasing gold and silver as it can diversify your portfolio further. You can choose from platinum bars and coins with new variations made yearly.

PALLADIUM BULLION

Palladium Investment Choices

Use palladium as a way to invest in precious metals.

• Small amounts of bullion.
• Bulk palladiumpurchases.
• IRA and 401(k).
• Palladium coins, bars, rounds.

Palladium isn't as well known as the previous precious metals but is a worthy consideration when choosing metals. There is a diverse selection of this metal in coins and bullion so investors won't have little selection compared to a metal like silver or gold. Bars come in a variety from 1 gram to 10 ounces with bar size in between. Palladium bars of 1 oz are usually the choice for avid metal investors.

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'Gold is poised to complete its 11th consecutive annual gain, the longest winning streak in at least nine decades, on the brink of a bear market.'

'I have never been a gold bug, it is just an asset that, like everything else in life, has its time and place. And that time is now.'

'I view gold as a currency, not a commodity. It's importance as a currency will continue to increase as the major central banks around the world continue to print money.'

'We're looking now at what the world financial system is going to do with all this money that was printed during the financial crisis, if there's continued inflation, we'll see a global trend for raw materials and gold is not an exception. I'm optimistic that the gold price will stay at the same price or higher.'

'People view gold as emotional, but when they demythologize it, when they look at it for what it is and the opportunity it represents, they're going to say, ‘We really should own some of that.' The question will then change to ‘Where do we get the gold?''

Gold Retirement IRAs

Self-Directed Gold IRA

By using gold you can easily diversify your retirement savings to help balance out your portfolio for long-term security. You are in a sense turning part of your retirement nest egg into gold. Our resources provide the step-by-step process of setting up an IRA with gold and necessary rules and costs you should know.

1943 Steel Wheat Penny Value

Silver Retirement IRAs

Self-Directed Silver IRA

Use silver as a way to invest in precious metals.

1943 Copper Wheat Penny Value

Diverisfy your retirement portfolio with silver. A diversified retirement portfolio is crucial to ensuring your savings are secure for the long-term. By using a silver IRA you can benefit from silver itself as an inflation hedge. Including metal assets in your portfolio can help you have eggs in more than just one basket. Diversify and be safe.

Gold Retirement 401(k)

401(k) Rollover to Gold

Diversify with gold in your portfolio.

If you are looking to add gold to your 401(k), we cover the complete process to rollover your 401(k) to an IRA which can then include gold. By speaking with a custodian, they will walk you through the process of converting your 401(k).

Silver Retirement 401(k)

401(k) Rollover to Silver

Use silver as a way to diversify.

To benefit from silver in your 401(k), your 401(k) is rolled into a Self-Directed IRA which would contain your invested silver and other metals. We cover everything you need to know when adding this metal to your portfolio. The process is easy and secure and we find the lowest rates for your benefit.

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Our gold and silver resources provide an easy way for potential investors to better understand the types of investments they are interested in.

Up-to-date information: Prices, information, you name it! We update our website daily to ensure you find what you are looking for. Tons of resources to get you started: We have many rich articles that cover many topics in the precious metals industry. Topics include gold, silver, investing in metals, and much more! Investing in precious metals offers a great opportunity to diversify your portfolio. Think of diversifying your portfolio like putting your eggs in more than one basket.

Up-to-date information: Prices, information, you name it! We update our website daily to ensure you find what you are looking for. Tons of resources to get you started: We have many rich articles that cover many topics in the precious metals industry. Topics include gold, silver, investing in metals, and much more! Investing in precious metals offers a great opportunity to diversify your portfolio. Think of diversifying your portfolio like putting your eggs in more than one basket.

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The Real Value of a 1943 S Steel Penny

Beginning your own coin collection is a great hobby. But with the abundant and diverse coins that used to be and are still in circulation, which kind of coin should you start with?

Among the great coins for beginners and seasoned numismatists alike is the penny.

Collecting pennies is not that hard if you know what to look for, such as, low mintage quantity, high demand and high grade. With enough research, you'll be on your way to penny collecting.

Among the collectible pennies worth holding onto is the 1943 S Steel Penny. A lot of people nowadays treat these steel pennies as novelty considering its lack of popularity upon its release. Let us find out why modern penny collectors like the steel penny of 1943.

1943 Steel Wheat Penny Value Uncirculated

The1943S Steel Penny Explained

In 1943, the United States needed to focus on artillery for World War II. In an effort to assist in the war efforts of the country, it was decided that copper must be eliminated from the one cent piece and used for artillery instead.

The US mints then came up with a different metallic composition of the pennies, thus the use of pure steel base metal and pure zinc external plating.

This steel cent has a weight of 2.8 grams, a diameter of 19.05 mm, a thickness of 1.55 mm, with plain edges. The penny's design is the same one used in 1909 by Vector D. Brenner. Its obverse features the side view portrait of Abraham Lincoln, while the reverse has the Wheat Heads in memorial, which is why it is classified as a wheat penny.

This wartime steel cent is United States of America's only commercially issued coin that can be picked up using a magnet because of its 99% steel material. It is also the only circulated coin minted in United States that does not have even the slightest trace of copper.

There are about 191,550,000 pennies produced by the San Francisco minting facility. In general, steel pennies are, in fact, not rare when it was minted in 1943.

With over a billion steel pennies produced from three operational mints in San Francisco, Denver and Philadelphia, these steelies are quite commonplace.

This S Steel Penny bears an S mint mark below the year, meaning it is produced in San Francisco. These pennies are silvery in appearance when minted.

Contrary to its silver appearance, these pennies do not contain silver. This white top aesthetic is due to the steel base material and pure zinc plating. While it looked good fresh off the mill, zinc oxides turn dull and dark gray in color.

This same zinc coating wore off with time and external factors leaving the steel base to rust. Due to the manner by which these steel pennies were minted, the sides were left with no zinc coating thus allowing moisture to attack the bare edges of the penny resulting to a rusty border regardless of the surface's fair condition.

What Increases TheSteelPenny's Price?

1943 Steel Wheat Penny Value Worth

These steel cents were not even rare when it was produced and it is due to this wide availability that makes it quite inexpensive. Generally though, wheat pennies are at least worth three times its original value, unless it is extremely worn out.

Nowadays, the average estimate value of the 1943 S Steel Penny is 65 cents for average condition to $25 for mint state. So what can boost the worth of your steel penny?

• Coin grade. Coin grade paints the penny's condition and is dependent on luster, surface scars and marks, and motif quality. A penny's appraised worth is dictated by its grade using the Sheldon Scale, which takes tons of practice and keen eyes to determine.

• Supply anddemand. Although it was unpopular in 1943, that was long ago. Not a lot of these pennies are still in circulation and the few ones are gaining popularity among coin collectors. The increase in demand coupled with low supply increases competition for bidding during auctions.

Although the steel pennies do not amount to as much as its significantly more expensive and less produced copper counterpart, these steel cents are still a good catch especially if you're learning the ropes of coin collecting.

1943 Steel Wheat Penny Value No Mint Mark

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