Price Guide for 1943 Cent Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1943 Penny Bronze, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $32,200.00 – $336,000.00
    Uncirculated: $60,375.00 – $372,000.00
  • eBay
    Uncirculated: $12.50
  • PCGS Price Guide
    Circulated: $215,000.00 – $360,000.00
    Uncirculated: $385,000.00 – $435,000.00
1943 Penny (Regular Strike)
  • 3rd Party Price
    Circulated: $6.00 – $218,500.00
    Uncirculated: $3.00 – $33,600.00
  • eBay
    Circulated: $0.99 – $412.98
    Uncirculated: $0.99 – $3,584.00
  • PCGS Price Guide
    Circulated: $1.00 – $8.00
    Uncirculated: $11.00 – $35,000.00
1943-D Penny Bronze, BN (Regular Strike)
  • 3rd Party Price
    Uncirculated: $212,750.00 – $840,000.00
  • PCGS Price Guide
    Uncirculated: $1,050,000.00
1943-S Penny (Regular Strike)
  • 3rd Party Price
    Circulated: $11.00 – $138,000.00
    Uncirculated: $6.00 – $115,000.00
  • eBay
    Circulated: $3.75 – $107.50
    Uncirculated: $0.99 – $15,600.00
  • PCGS Price Guide
    Circulated: $1.00 – $8.00
    Uncirculated: $11.00 – $35,000.00
1943-D Penny (Regular Strike)
  • 3rd Party Price
    Circulated: $6.00 – $4,888.00
    Uncirculated: $7.00 – $6,600.00
  • eBay
    Circulated: $2.25 – $405.77
    Uncirculated: $3.25 – $14,249.99
  • PCGS Price Guide
    Circulated: $1.00 – $8.00
    Uncirculated: $11.00 – $15,500.00
1943-S Penny Bronze, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $141,000.00 – $282,000.00
    Uncirculated: $504,000.00
  • eBay
    Uncirculated: $17.00
  • PCGS Price Guide
    Circulated: $145,000.00 – $350,000.00
    Uncirculated: $1,000,000.00
1943-D/D Penny (Regular Strike)
  • 3rd Party Price
    Circulated: $90.20 – $700.00
    Uncirculated: $15.00 – $21,275.00
  • eBay
    Circulated: $28.85
    Uncirculated: $223.00 – $16,000.00
  • PCGS Price Guide
    Circulated: $55.00 – $350.00
    Uncirculated: $425.00 – $19,500.00
1943-D/D Penny RPM FS-501 (Regular Strike)
  • 3rd Party Price
    Circulated: $185.00
    Uncirculated: $158.63 – $14,100.00
  • eBay
    Circulated: $525.00
    Uncirculated: $152.50 – $650.00
  • PCGS Price Guide
    Circulated: $70.00 – $375.00
    Uncirculated: $450.00 – $8,350.00
1943 Penny Experimental Shell Case, RB (Regular Strike)
  • 3rd Party Price
    Circulated: $3,840.00
1943 Penny DDR FS-801 (Regular Strike)
  • 3rd Party Price
    Uncirculated: $400.00 – $1,292.50
  • eBay
    Uncirculated: $453.23 – $674.99
  • PCGS Price Guide
    Uncirculated: $375.00 – $1,300.00
1943 Penny DDO FS-101 (Regular Strike)
  • 3rd Party Price
    Uncirculated: $305.50 – $2,115.00
  • eBay
    Circulated: $37.52 – $84.59
    Uncirculated: $511.00 – $2,150.00
  • PCGS Price Guide
    Circulated: $10.00 – $120.00
    Uncirculated: $300.00 – $1,675.00
1943-D Penny Bronze, RD (Regular Strike)
  • eBay
    Uncirculated: $26.03 – $117.50
1943-S Penny, PL (Regular Strike)
  • 3rd Party Price
    Uncirculated: $180.00 – $204.00
  • eBay
    Uncirculated: $65.00 – $117.50
1943/2-S Penny DDO FS-101 (Regular Strike)
  • 3rd Party Price
    Circulated: $39.00
    Uncirculated: $365.00 – $5,760.00
  • eBay
    Circulated: $101.17
    Uncirculated: $0.99 – $10,000.00
  • PCGS Price Guide
    Circulated: $8.00 – $90.00
    Uncirculated: $110.00 – $2,150.00

Design and Specifications of the 1943 Cent

The 1943 Lincoln Cent is one of the most unique and historically significant coins in American numismatics. Due to copper shortages during World War II, the U.S. Mint produced cents using zinc-coated steel instead of the usual bronze composition. This change resulted in a distinct silver-colored appearance, earning these coins the nickname ‘steel cents’ or ‘steelies’. The 1943 cent serves as a tangible reminder of the sacrifices and adaptations made on the home front during wartime.

Weight 2.70 grams
Diameter 19 mm
Mint Marks P (Philadelphia), D (Denver), S (San Francisco)
Composition Zinc-coated steel
Obverse Design Portrait of Abraham Lincoln, designed by Victor D. Brenner
Reverse Design Wheat ears design, designed by Victor D. Brenner

Rarity Factors and Value Drivers

The condition of 1943 Steel Cents significantly impacts their value. Due to their zinc-coated steel composition, these coins were prone to rapid oxidation and rusting, especially when exposed to moisture. As a result, well-preserved specimens with minimal corrosion and strong details are highly sought after by collectors.

Uncirculated examples with full mint luster and no signs of wear are particularly valuable. Coins graded MS65 or higher can command substantial premiums due to their scarcity in such high grades. The strike quality is also important, with sharply struck coins being more desirable.

Philadelphia, P

Mintage: 684,628,670

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in high grades (MS65 and above) due to rapid oxidation

Varieties Errors: Copper cents (extremely rare)

Market Demand: High, due to historical significance and unique composition

Denver, D

Mintage: 217,660,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in high grades (MS65 and above) due to rapid oxidation

Varieties Errors: None significant

Market Demand: High, due to historical significance and unique composition

San Francisco, S

Mintage: 191,550,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in high grades (MS65 and above) due to rapid oxidation

Varieties Errors: None significant

Market Demand: High, due to historical significance and unique composition

The 1943 Copper Cent is an extremely rare and valuable error coin. A few bronze planchets from 1942 were accidentally left in the presses and struck with 1943 dies, creating copper cents instead of the intended steel ones. These coins are among the most valuable Lincoln cents, with genuine examples selling for hundreds of thousands of dollars.

Toning can also affect the value of 1943 Steel Cents. While many have a dull gray appearance due to oxidation, some have developed attractive toning over time, which can enhance their appeal to collectors.

Lastly, the historical significance of these coins as wartime issues adds to their overall collectibility and value, making them popular even in lower grades.

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