1943 and 1944 Lincoln Cents - Worth $100,000?
Ian Russell on Fri, Feb 13, 2015 08:02:39 PM
We have received a large number of phone calls recently concerning 1943 and 1944 Lincoln Cents with callers assuming (incorrectly) they are sitting on $100,000s.
In 1943, there was a shortage in copper that was normally used to make Lincoln Cents, so instead of copper, the U.S. Mint used zinc coated steel planchets. These were only used for 1943.
A few copper planchets were mistakingly used in 1943, and these coins are worth a lot of money. Less than 50 1943 coins are known struck in copper.
In 1944, the U.S. Mint resumed using copper planchets for Lincoln Cents. A few zinc coated steel planchets were mistakingly used in 1944 and these are worth a lot of money. Less than 50 1944 coins are known struck in steel.There are numerous fakes of both rare types. If you find a 1943 Copper Lincoln Cent, check with a magnet. It should NOT stick to a magnet.
An image of the rare and genuine 1943 Copper Lincoln Cent: