The 1943 D Lincoln cent is one of the most famous coins in American numismatic history. This coin, minted during World War II, has a unique story due to its unusual materials and rare error types.
This article explores the history, composition, and current value of the 1943 D Lincoln cent, including why it’s so desirable among collectors today.
The Story Behind the 1943 D Lincoln Cent
In 1943, the United States was deeply involved in World War II, and there was a significant shortage of copper, which was critical for war supplies. To conserve copper, the U.S.
Mint decided to make pennies out of zinc-coated steel instead of the usual copper-bronze mix.
As a result, more than a billion steel pennies were minted across Philadelphia, Denver, and San Francisco mints. Denver alone produced around 217 million of these coins.
However, a few pennies from this year were accidentally struck on leftover copper planchets (blanks) from 1942. These rare copper 1943 pennies are highly sought after and incredibly valuable.
Composition and Types of the 1943 D Lincoln Cent
Most of the 1943 D Lincoln cents were made from steel coated in zinc, giving them a silver color.
These steel cents are still common, but high-quality ones can fetch good prices. However, a small number of copper pennies were also produced due to minting errors, and these are extremely rare.
Denver Mint Compositions
- Steel Cents: Approximately 217,660,000 produced
- Copper Planchet Error Coins: Fewer than 10 known to exist
Current Value Estimates
- Steel Cents (Uncirculated): $3.30 to $192
- Copper Planchet Error: Can reach up to $1.7 million!
Why Are 1943 D Lincoln Cents So Rare?
The rarity of these coins comes from a few unique factors:
Copper Planchet Error
The most valuable 1943 D Lincoln cents were mistakenly minted on copper planchets from the previous year. Fewer than 10 are believed to exist, with one selling for a stunning $1.7 million in 2010.
“D over D” Mintmark Error
Some of these coins display a “D over D” mintmark, where the “D” was struck twice, resulting in a distinctive doubling. This rare minting error adds to the value of these coins for collectors.
Steel Cent Variations
Although most 1943 Lincoln cents were made from steel, well-preserved, uncirculated coins are especially prized. These zinc-coated steel versions can be worth much more if they’re in excellent condition.
The 1943 Copper Cent: The Ultimate Treasure
Copper versions of the 1943 Lincoln cent are legendary among collectors. Weighing about 3.11 grams (compared to the steel version’s 2.7 grams), these copper coins are easy to identify because they don’t stick to magnets.
Only a few copper pennies from the Denver Mint are known to exist, making them the ultimate prize for coin enthusiasts.
Current Value of the 1943 D Lincoln Cent
The value of a 1943 D Lincoln cent depends on its material, mint errors, and condition:
Steel Pennies
- Good Condition: $0.22
- Extremely Fine Condition: $0.50
- Gem Uncirculated: $8 to $45
- Superb Gem Uncirculated: $111 to $192
Copper Pennies
- Uncirculated (Copper Planchet): Up to $1.7 million
The 1943 D Lincoln cent remains a fascinating and valuable part of American coin history. Whether made of steel or copper, this coin’s unique qualities and rare errors make it highly desirable to collectors.
1. Why were 1943 Lincoln cents made of steel?
Due to a copper shortage during World War II, the U.S. Mint used zinc-coated steel to produce pennies in 1943. This helped conserve copper for wartime materials.
2. How can I tell if I have a 1943 copper penny?
Copper pennies from 1943 don’t stick to magnets, unlike the steel versions. They also weigh slightly more, about 3.11 grams compared to the 2.7 grams of steel pennies.
3. What is the “D over D” mintmark error?
This error occurs when the Denver “D” mintmark was struck twice, causing a noticeable doubling effect. It’s rare and adds to the coin’s value.
4. How much is a 1943 D copper penny worth?
If in uncirculated condition, a 1943 D copper penny can be worth up to $1.7 million due to its extreme rarity.
5. Are all 1943 steel pennies valuable?
While most steel pennies are common, uncirculated coins in superb condition can be worth much more, potentially fetching between $8 and $192.