| Survival Estimate | |
|---|---|
| All Grades | 7 |
| 60 or Better | 2 |
| 65 or Better | |
| Numismatic Rarity | |
|---|---|
| All Grades | R-9.6 |
| 60 or Better | R-9.9 |
| 65 or Better | R-10.1 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 3 / 3 |
| 60 or Better | 2 / 3 |
| 65 or Better | 1 / 3 |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 3 / 146 |
| 60 or Better | 2 / 146 |
| 65 or Better | 1 / 146 |
#1 PCGS MS62BN
Albert Michael Pratt. As NGC MS62BN #2067200-002. Heritage Auctions, August 2017, Lot 3899; Heritage Auctions, April 24, 2021, Lot 5001 – $348,000. |
#1 PCGS MS62BN
Marvin Beyer, Jr., discovered in circulation in 1957; Beyer refuses $20,000 offer for the coin, 1957; Abe Kosoff, August 1958, Lot 2055 - Withdrawn; Beyer to Greer Company of Los Angeles, 1959 – $40,000. As ANACS MS61 #50035361. Superior Galleries, October 2000, Lot 4146 – $60,375. As PCGS MS61BN #50035361. “The Benson Collection,” Goldberg Auctioneers, February 2003, Lot 148 – $97,750. As PCGS MS62BN #40273606. “The Bob R. Simpson Collection, Part IV,” Heritage Auctions, February 23, 2021, Lot 3008 – $372,000. |
#3 PCGS MS61BN
Mike Chipman; "The High Desert Collection (Chipman)" (PCGS Set Registry). |
| #3 PCGS MS61BN |
#4 PCGS AU58
As ANAAB #FD0251. Plated in Wexler-Flynn (1996). As PCGS AU58 #25510132. "The Bob R. Simpson Collection," Heritage Auctions, January 2016, Lot 5266 – $305,500; "The Poulos Family Collection," Heritage Auctions, August 18, 2019, Lot 3701 - $252,000; GreatCollections, September 29, 2024, Lot 1146173 - $286,875; "The RickJones Collection" (PCGS Set Registry). |
|
#4 PCGS AU58
"The Kiev Collection," Heritage Auctions, January 2010, Lot 2444 - $218,500. |
#6 PCGS AU55
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#6 PCGS AU55
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#8 PCGS AU50
|
#8 PCGS AU50
Heritage Auctions, July 17, 2022, Lot 3025 - $336,000. |
#8 PCGS AU50
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#11 PCGS XF45
Heritage Auctions, July 11, 2019, Lot 3012 - $186,000. |
| #11 Est XF45 |
The 1943 Lincoln Cent struck on a copper planchet (technically a bronze alloy) is the ultimate "find." Genuine examples have been discovered in school cafeterias, gumball machines, and general circulation. One was even held privately by a Mint Chief Engraver, while another is rumored to have been "pocketed" by an employee at the Denver Mint. Despite the astronomical odds, hunters still pour through bags of wheat cents, looking for a coin that resembles any other 1940s cent—save for that improbable "1943" date.
These coins were struck in error using planchets not intended for production. During 1943, the United States faced a critical copper shortage as the war effort intensified across the African, European, and Pacific theaters. To conserve strategic metals, the Treasury Department authorized public-private experiments to find a substitute material, ranging from plastics to the curious glass cent prototypes (#12255).
Ultimately, the Treasury settled on a zinc-coated steel composition. For one year, the familiar "red" cent turned a silvery-white, leading many to mistake them for dimes. The aesthetic appeal was short-lived; the brilliance of the steel cents quickly gave way to a chalky slate-gray, which eventually oxidized into a rusted black. Dissatisfied, the Treasury ended the emergency issue after 1943 and resumed production using a brass alloy in 1944. Some of these 1944 planchets were sourced from expended shell casings, though the massive mintage required additional virgin metal.
Because the Mint has no official record of mass-striking copper cents in 1943, numismatists believe these were "transitional errors." A few 1942 copper planchets likely remained nestled in the bottom of a tote bin or hopper. When the bins were filled with the new steel blanks, these stray copper planchets eventually worked their way into the presses.
Analysis of known specimens suggests at least five distinct strike qualities:
A comprehensive die study comparing these to known 1943 steel cents could further validate the "stray planchet" theory by matching specific production dies.
The fame of the 1943 copper cent has invited decades of fraud. An early rumor claimed Henry Ford would trade a new car for one; Ford never made such an offer, though a genuine 1943 copper cent is now worth far more than a garage filled with the latest lineup of Ford cars and trucks.
How to Spot a Fake:
Because many people try to "create" a 1943 copper cent by plating a steel cent or filing down a 1948, PCGS authentication is mandatory.
To be genuine, the coin must meet these criteria:
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