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Cryptocurrency News Articles
1943 Bronze Lincoln Penny: The Most Valuable Lincoln Cent Coin
Aug 23, 2024 at 07:55 pm
To make your coin search easier, look for the exact date of this valuable coin. PCGS (Professional Coin Grading Services) uses the name 1943-S 1C Bronze
The 1943-S 1C Bronze, BN (Regular Strike) coin is a valuable piece due to a minting error.
During World War II, bronze was needed for the war effort, and the U.S. Mint used zinc-coated steel planchets for the 1943 Lincoln Cents instead.
However, some remaining bronze planchets from 1942 were inadvertently mixed in and used to strike 1943-dated coins.
This error resulted in a small number of 1943 Lincoln Pennies being struck on bronze planchets, making them highly sought-after by coin collectors.
The auction record for this rare coin is $504,000, according to PCGS.
The 1943-S 1C Bronze, BN (Regular Strike) coin was minted at three U.S. Mints: Philadelphia, San Francisco, and Denver.
As a result, there are 1943 bronze cents in the United States from the mints mentioned above.
For instance, only six coins have been confirmed to come from the U.S. Mint in San Francisco.
This fact may have contributed to the widespread rumor at the time, leading many of these coins to be sold and kept secret.
According to the U.S. Sun, the 1943-S 1C Bronze, BN (Regular Strike) coin did not appear in the auction market until 1974.
If you believe you have one of these coins, you can contact experts from PCGS at shows and events with on-site grading.
The next show PGS announces is in Long Beach, CA, starting on Thursday, September 5, 2024.
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