The 1943 Steel Penny: A Rare Error Coin

In 1943, the United States Mint made a significant change to the production of Lincoln Cents by switching from copper to zinc-coated steel. This decision was prompted by wartime metal shortages and the need for more strategic use of copper for military applications. While most coins were produced with the new steel planchets, a small number of copper planchets leftover from 1942 accidentally slipped into the production process, resulting in the creation of 1943 Lincoln Cents made from copper.

The 1943 Copper Penny is one of the most famous and highly sought-after error coins in the world. With only about two dozen examples known in all grades, this coin is a true rarity among collectors. The numismatic community has been fortunate to have had several opportunities to bid on these coins over the years, but almost all now reside in long-term collections, cherished by their owners.

One of the most remarkable aspects of the 1943 Copper Penny is its ranking in various coin publications and expert opinions. In the 5th edition of the book '100 Greatest U.S. Coins,' the 1943 Copper Cent ranks ahead of other notable coins, such as the unique 1822 Gold Half Eagle and the 1861 Paquet Gold Double Eagle.

The authenticity of the 1943 Copper Penny is crucial to consider when bidding on this iconic error coin. In the past decade at GreatCollections, we have received countless inquiries about people claiming to have discovered new examples of this famous error. However, not a single genuine coin has been found until now.

The 1943 Steel Penny being auctioned by GreatCollections is one of the most significant and valuable coins in recent history. With a grade of PCGS AU-50 and CAC approval, this coin has been lightly circulated and presents an exceptional opportunity for collectors to own a piece of numismatic history. The bidding for this coin is already up to $167,500, with 119 bids received, over 2,700 page views, and 91 members tracking.

The auction will take place on November 13th, and interested bidders can view the coin at the Irvine, California headquarters of GreatCollections by appointment. Don't miss this chance to own a piece of numismatic history – bid now and make your mark in the world of rare coins!

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