Is a 1943 penny that sticks to a magnet worth anything?

Is a 1943 penny that sticks to a magnet worth anything?

The 1943 copper cents are extremely rare and valuable. Only a couple dozen pieces were made, and each is worth about $100,000. While 1943 copper cents weigh about 3.11 grams and don’t stick to a magnet, the more common steel cents (which weigh 2.8 grams) adhere to a magnet.

Will a 1944 steel penny stick to a magnet?

If your 1944 penny sticks to a magnet, it’s a steel cent and is rare. If your 1944 penny does NOT stick to a magnet, it’s made from copper and is common.

Why is my penny not magnetic?

The science bit: Since 1992, 1ps and 2ps have been made out of copper-plated steel instead of the previous alloy of copper, tin and zinc. Steel is magnetic so pennies made after 1992 will be attracted to the magnet when it is close to them. Pennies made before this will not be magnetic.

Are 1943 pennies magnetic?

Thankfully, there are several telltale signs to spotting a fake 1943 copper penny: It sticks to a magnet. If your 1943 penny does stick to a magnet, it’s really made from steel and is not rare. It weighs less than 3 grams.

What is a 1943 copper penny worth today?

While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more. One report suggested that, depending on the condition of it, the 1943 copper penny can be worth anywhere from $60,000 to $85,000.

Will a magnet stick to a 1943 steel penny?

Even a small magnet will easily stick to any 1943 penny made of steel. Before you read a dozen articles, go to five coin shops, and watch a bunch of youtube videos, just do the magnet test. It is as easy as this. If your 1943 penny sticks to a magnet then it is made of steel.

How much is a 1943 steel penny supposed to weigh?

2.702 grams
Genuine 1943 copper cents will not be attracted to a magnet. Copper-plated steel cents will exhibit a strong magnetic attraction. Copper cents weigh 3.11 grams. Steel cents weigh 2.702 grams.

Why are some copper coins magnetic and others not?

Copper-plated coins are attracted to magnets because of the iron content of the steel core, whereas bronze coins are not magnetic. In 1998, 2p coins were struck in both copper-plated steel and bronze.

Will a penny stick to a magnet?

The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper. If it does not stick, the coin might be of copper and should be authenticated by an expert.

How can you tell if a 1943 Penny is copper?

The easiest way to determine if a 1943 cent is made of steel, and not copper, is to use a magnet. If it sticks to the magnet, it is not copper.

What’s the weight of a 1944 Steel Penny?

Another test you can conduct on your 1944 pennies is to weigh them: If they measure in at 3.11 grams each (more or less), they’re of the ordinary copper variety; 1944 steel pennies weigh 2.7 grams.

Why was the US penny struck in zinc in 1943?

Nearly all circulating pennies at that time were struck in zinc–coated steel because copper and nickel were needed for the Allied war effort. Approximately 40 1943 copper–alloy cents are known to remain in existence.

Where was the 1944 one cent coin made?

Here’s how to tell… The 1944 Lincoln cent is one of the most common wheat pennies, which were minted from 1909 through 1958. More than 2.1 billion 1944 pennies were struck at the Philadelphia, Denver, and San Francisco Mints combined — and virtually all of these one-cent coins were made from copper.