1914 Wheat penny

[BLKTANG]

Some coin guy in Delaware spent it,& now wants it back,will pay $500 for it.Keepin an eye on pennies.

[Wilafur]

ok

[Mr. Guitar]

Really? I have a ton of Wheat Pennies. Cool!!! I have some from 1898 or 1897. I'll have to keep them until they are worth millions. haha.

[andycook]

I don't remember the 1914 as being especially rare. 1909 S V.D.B. penny is another story.

[Criminal#58369]

Hmm, makes me check my collection of coins :D i have a lot of wheat pennys :D 'Looks around'

[coyoteseven]

Hmmm... ... ... if he's willing to give somebody a $500 reward for it, wonder what it's really worth?

[Freed]

If anyone can send me a copper 1943 penny I'd trade a frag or two for it. Thanks.

[Hobster]

http://sammler.com/coins/wheat_pennies.htm

[BLKTANG]

<a href=showthread.php?s=&postid=8418037#post8418037 target=_blank>Originally posted</a> by Freed
If anyone can send me a copper 1943 penny I'd trade a frag or two for it. Thanks.


i'll give u my entire 180g sps reef for a copper 1943 penny.

[2fishy]

Why what's it worth??? I have a bag of pennies that was at our last house that we lived in. I should go through it to figure out why the person before us kept it!:D

[2fishy]

Never mind! I guess I'll talk to you later cause I have to go dig through some pennies!:D

[BLKTANG]

<a href=showthread.php?s=&postid=8419045#post8419045 target=_blank>Originally posted</a> by 2fishy
Never mind! I guess I'll talk to you later cause I have to go dig through some pennies!:D

There are only a handfull of these in the world.No copper in 1043 because of the war.I think they r worth somewhere in the neighborhood of $500,000 bucks.

[2fishy]

<a href=showthread.php?s=&postid=8419058#post8419058 target=_blank>Originally posted</a> by EXPEDITION
There are only a handfull of these in the world.No copper in 1043 because of the war.I think they r worth somewhere in the neighborhood of $500,000 bucks.

And won't you hate me if I have two!:D

[VoidRaven]

I used to work for my uncle in his small business that sold coins and baseball cards. We always HATED when the news would run that stupid 1943 copper penny story!!! Phone calls would flood the shop of people who thought they had it.

The reason it is so rare and expensive is just that...copper wasn't used in 1943 (and I think 1944 but I can't remember my coin stamping history anymore) because it was needed for the war effort. They went to making steel pennies instead for a short while. BUT, there were a TINY HANDFUL of copper blanks that were left in the press from the previous run and somehow they never were removed so when the started up with the 1943 steel run just a few (like maybe 30 or so...I can't remember how many) copper ones were struck.


Here's a quick article on the story:


According to the American Numismatic Association, the 1943 copper-alloy cent is one of the most idealized and potentially one of the most sought-after items in American numismatics. Nearly all circulating pennies at that time were struck in zinc-coated steel because copper and nickel were needed for the Allied war effort.

40 1943 copper-alloy cents are known to remain in existence. Coin experts speculate that they were struck by accident when copper-alloy 1-cent blanks remained in the press hopper when production began on the new steel pennies.

A 1943 copper cent was first offered for sale in 1958, bringing more than $40,000. A subsequent piece sold for $10,000 at an ANA convention in 1981. The highest amount paid for a 1943 copper cent was $82,500 in 1996.

Because of its collector value, the 1943 copper cent has been counterfeited by coating steel cents with copper or by altering the dates of 1945, 1948, and 1949 pennies.

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.

To find out about coin experts in your area, you may call the American Numismatic Association at (719) 632-2646.