Lincoln cent · 1943 · zinc-coated steel

1943 penny value

$0.13 – $0.88

Worn, all three mint marks · Source: CoinStudy · checked November 9, 2026

Most 1943 pennies are steel and worth well under a dollar. The one worth $100,000 or more is the copper error, and a magnet tells them apart.

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Lincoln portrait, two wheat ears on the reverse (Victor D. Brenner)
The design, on a bronze cent. A 1943 cent is zinc-coated steel.
Worth, wornUnder $1
Made1,093,838,670
RarityCommon
Top error$100,000+

1943 values by mint mark

A coin with no mint mark was struck in Philadelphia.

CoinMintMintageValue, worn
1943Philadelphia, no letter684,628,670$0.13 to $0.43
1943-DDenver217,660,000$0.15 to $0.70
1943-SSan Francisco191,550,000$0.35 to $0.88

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Mintages: Wikipedia, read October 31, 2026. Values: CoinStudy, checked November 9, 2026. From heavily worn to lightly worn.

Is yours the 1943 copper (bronze) cent?

1943 copper (bronze) cent

$100,000 or more

Minted by mistake on a leftover bronze blank instead of steel. A real one is brown and does not stick to a magnet. Most are fakes: coated steel cents, or 1948 cents with the date changed.

Listed for 1943, 1943-D, 1943-S.

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Source: What Are The Different Penny Errors and How Much Are They Worth? Gainesville Coins (updated 6/6/2025) · checked November 9, 2026.

The 1943 cent was made of zinc-coated steel to save copper during the war, so a normal one is silver-gray and sticks to a magnet. Nearly every brown 1943 cent offered for sale is a fake, so the magnet is the first test, not the last.

How to tell

  1. Check the date. The coin must read 1943 on the front. The back shows two wheat ears.
  2. Look at the color. A silver-gray coin is the normal steel cent. A brown coin is the one to look at more closely.
  3. Hold a magnet to it. A real steel cent sticks. A real copper 1943 cent is brown and does not stick.
  4. Check the mint mark. Look for a D (Denver), an S (San Francisco), or no mint mark (Philadelphia). The mint mark tells you which mint made the coin. The error is listed for all three.
  5. Compare the date. If a brown coin does not stick to a magnet, look closely at the last digit of the date. Some fakes are 1948 cents with the date changed.

The common steel cent

All three mints made steel cents in huge numbers, so none of them is rare. The one to keep is the 1943-S: San Francisco made the fewest, and a worn one is worth $0.35 to $0.88, the most of the three.

A gray 1943 cent from your change is worth keeping as a curiosity, but it is not a windfall. A bright one with little wear is worth more than a dark, spotted one.

The 1943 copper error

A few 1943 cents were struck by mistake on bronze blanks left over from 1942. A real one is brown, does not stick to a magnet, and is worth $100,000 or more from any of the three mints. Its condition decides how much more.

If a brown 1943 cent passes the magnet test, do not assume it is real. A professional grading service such as PCGS or NGC can examine it.

The mirror-image mistake also exists: a steel 1944 cent. It is also a very valuable error, and the same magnet test applies.

Condition

A steel cent with sharp detail and no rust spots is worth the top of its range, and a worn, dark one the bottom. Do not clean a coin you think might be the error. Cleaning lowers a coin's value, and it can make a real one harder to judge.

Other wheat cents to look for

The wheat cent ran from 1909 to 1958, so other years in your jar matter too:

For the whole series, see the Lincoln wheat penny guide or all Lincoln cent values.

Metal value

Questions

Why is my 1943 penny silver-colored?

It was made of zinc-coated steel, not copper. The government used steel for the 1943 cent to save copper. A silver-gray color that sticks to a magnet is exactly what a normal 1943 cent looks like.

Is a 1943 penny that does not stick to a magnet valuable?

Possibly, but be careful. A real copper 1943 cent is brown and does not stick to a magnet. Most brown coins sold as this error are fakes, so have a grading service look at it before you count on any value.

Does a mint mark change the value?

For a common steel cent, a little: the 1943-S is worth the most of the three. The copper error is worth the same from any of the three mints.

Should I clean a 1943 penny?

No. Cleaning lowers a coin's value, and a worn, dirty coin is still better left as it is.

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Picture: Public domain: Victor D. Brenner design published 1909 (before 1989). File on Wikimedia Commons.

Mintages are the US Mint's figures as published on the cited pages; values are the cited dealers' and price guides' figures on the date read.