CoinValue

1943 Philadelphia Steel Cent

1943 | Philadelphia | Mintage: 684,628,670 | Zinc-Coated Steel
$0.5 – $345
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Obverse of Lincoln Wheat Penny showing Abraham Lincoln bust facing right (Victor D. Brenner)

Obverse

Reverse of Lincoln Wheat Penny

Reverse

The 1943 Philadelphia Steel Cent was minted at the Philadelphia Mint with a mintage of 684,628,670. Values range from $0.5 in lower grades to $345 in top condition.

CoinValueDB Value Estimate

$0.50 – $345.00

Based on 3 recent sales

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $35 High: $345 Low: $0.50 3 sales 14 total data points

Recent eBay Sales

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$0.50
Very Good (VG-8)$0.75
Fine (F-12)$1
Very Fine (VF-20)$2
Extremely Fine (EF-40)$3
About Uncirculated (AU-50)$8
Mint State (MS-60)$12
Choice Mint State (MS-63)$24
Gem Mint State (MS-65)$74
Superb Gem+ (MS-67)$345

About the Lincoln Wheat Penny

The Lincoln Wheat Penny began production in 1909 to mark the centennial of Abraham Lincoln's birth. President Theodore Roosevelt selected sculptor Victor D. Brenner to design the coin. Brenner chose a profile of Lincoln for the obverse and two stalks of durum wheat for the reverse. This design replaced the Indian Head Penny, which had circulated since 1859. Production continued until 1958 with few major changes to the primary design. The mint restored the designer's initials, V.D.B., to the obverse (on Lincoln's shoulder) in 1918. The composition changed from 95% copper to a zinc-coated steel in 1943 due to World War II copper shortages. The series ended in 1958 when the Mint replaced the wheat ears with the Lincoln Memorial design.

Coin Details

Designer
Victor D. Brenner
Composition
Zinc-Coated Steel
Weight
2.70g
Diameter
19mm
Edge
plain
Series
Lincoln Wheat Cent (1909-1958)

Varieties

Steel

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Collecting Lincoln Wheat Penny Coins

Start your collection by purchasing a Whitman folder to organize coins by date and mint mark. Focus on the 1940s and 1950s first, as these dates remain inexpensive and easy to find in circulation. Watch for environmental damage like green corrosion or heavy scratching, as these flaws ruin a coin's value. Avoid buying high-value key dates like the 1909-S VDB or 1914-D without third-party certification, because counterfeiters frequently add fake mint marks to common coins.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1943 Philadelphia Steel Cent worth? +
A 1943 Philadelphia Steel Cent is worth between $0.5 and $345 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1943 Lincoln Wheat Cent coins were made? +
The Philadelphia Mint produced 684,628,670 1943 Lincoln Wheat Cent coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1943 Philadelphia Steel Cent a key date? +
The 1943 Philadelphia Steel Cent is not considered a key date or semi-key date. However, condition is always important. A common-date coin in exceptional condition can still be quite valuable.
How much is a 1943 Philadelphia Steel Cent worth? +
Most 1943 steel cents in circulated condition are worth between 10 and 50 cents. Uncirculated examples sell for $5 to $15 depending on the quality of the zinc coating.
Is the 1943 steel penny rare? +
The 1943 Philadelphia steel cent is not rare. With 684,628,670 coins minted, it remains one of the most accessible coins for new collectors.

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