How to Make Money with 1943
From Spare Change to a Hidden Fortune
At first glance, the 1943 Steel Penny looks common—and in many cases, it is. Millions were produced during World War II when copper was needed for military use.
However, a small number of rare mint errors have transformed certain steel cents into four- and five-figure collectibles. Some have sold for as much as $36,000 or more.
Let’s break down exactly which 1943 steel pennies are worth serious money, step by step 
Why 1943 Steel Pennies Exist
In 1943, the U.S. Mint temporarily switched from copper to zinc-coated steel to conserve copper for the war effort.
Over 1 billion steel cents were minted- Most are worth 10–50 cents today
A few error coins are worth thousands
The key is knowing which ones to look for.
Step 1: The 1944 Steel Penny — The Ultimate Jackpot
Steel cents were intended only for 1943, but a small number of leftover steel planchets were accidentally struck in 1944.
These are among the rarest and most valuable U.S. mint errors ever produced.
Auction Results:
$24,000 for circulated examples
$36,000+ for higher-grade coins
Collector Tip:
If you find a steel-colored penny dated 1944, stop immediately and have it authenticated.
Step 2: 1943-D “D Over D” Mint Mark Error
Some 1943 steel pennies struck in Denver feature a repunched mint mark, known as a D/D error.
This happened when the mint mark was stamped twice in slightly different positions.
How to Identify It:
- Look below the date for the “D” mint mark
- Use a 10× magnifier
- A second faint “D” may appear above or beside the main one
Estimated Value: Up to $300+ in high-grade condition
Step 3: 1943/42-S Overdate Error
At the San Francisco Mint, some 1943 dies were created from older 1942 hubs, resulting in a dramatic overdate.
What to Look For:
- Examine the final digit of the date
- The “3” may show traces of a “2” underneath
Estimated Value: Around $500+, depending on condition
Quick Recap: 1943 Steel Penny Errors That Make Money
| Error Type | Potential Value |
|---|---|
| 1944 Steel Penny | $24,000 – $36,000+ |
| 1943-D “D Over D” | $300+ |
| 1943/42-S Overdate | $500+ |
Pro Tips to Maximize Value
Serious collectors follow these best practices:
- Inspect carefully using a 10× jeweler’s loupe
Prevent rust by storing steel cents in acid-free holders- Authenticate valuable finds with PCGS or NGC
- Never clean your coin—cleaning destroys value
Final Thoughts
The 1943 Steel Penny may look ordinary, but the right mint error can transform it into a five-figure collectible.
If you enjoy searching coin jars, bank rolls, or old collections, these steel cents are absolutely worth a closer look.
That silvery penny you almost ignored could be a $36,000 treasure.
