1943 S Steel Wheat Penny

CoinTrackers.com estimates the value of a 1943 S Steel Wheat Penny in average condition to be worth 65 cents, while one in mint state could be valued around $25.00. - Last updated: August, 27 2022

1943 S Steel Wheat Penny
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  • Key: Better Date
  • Year: 1943
  • Mint Mark: S
  • Coin: Steel Wheat Penny
  • Type: Wheat Penny
  • Price: 65 cents-$25.00+
  • Face Value: 0.01 USD
  • Produced: 191,550,000
  • Edge: Smooth

Notes: In the year 1943 the United States issued the steel penny because the copper was needed for World War II the steel look is actually the result of the mint using a Zinc coating. The composition of this coin is 99% steel with a thin layer of zinc. See photo above for actual example. The 1943 Steel Wheat Penny is much akin to the 1943 War Nickel in that both coins were issued with alternate metal compositions in order to save metal for the war.

There were just a few of the 1944 Steel Pennies ever minted and all would have been released by error into the coin supply. Coin analyst are suggesting that steel planchets may have been tested or left mixed amongst the other copper metals and thus the error. No matter what the cause these coins are selling for just under $100,000 dollars according to our resources. Make sure the coin you have or are buying is not a zinc coated copper penny ripoff.

1943 Steel Cent

Price Chart

This section is more for experienced collectors only, and rates refer only to professionally graded and slabbed coins. If you are new to collecting the prices below may not make much sense.

Breakdown of pricing per condition for 1943 S Steel Wheat Penny as follows.

  • Grade MS61 = $2-$4
  • Grade MS62 = $5-$8
  • Grade MS63 = $5-$9
  • Grade MS64 = $6-$10
  • Grade MS65 = $11-$19
  • Grade MS66 = $26-$44
  • Grade MS67 = $338-$563
  • Grade MS68 = $1,425-$2,375

Is the list above a little overwhelming? If so, take 5 minutes to learn all about Coin Grading.

It's also important to note...Prices are subject to the same supply and demand laws as everything else. Coins sold at the same auction house 10x, would fetch drastically different bids each session. To raise your chances of receiving top dollar read How to Get the Most for your Coins.

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Thanks CoinTrackers.com

How much is a 1943 S Steel Wheat Penny worth?

This section is more of a layman's guide, for those new to collecting.

In Average Circulated (AC) condition it's worth around 65 cents, one in certified mint state (MS+) condition could bring as much as $25 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1943, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].

If you are a fan of coin roll hunting or just want to learn more about steel wheat pennys then search or scroll below to find the most valuable and rarest in this series.

Most Valuable

The most valuable Steel Wheat Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.

Image Year Mint Worth
Steel Wheat Penny 1944 $408k
Steel Wheat Penny 1943 S $25
Steel Wheat Penny 1943 D $12
Steel Wheat Penny 1943 $10
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1989 P $345.22
1989 $345,000
1989 D $345
Image Name Mint Worth

Want more? Click here to see the most valuable coins ever minted.

Hardest to Find

The rarest and hardest to find Steel Wheat Penny's Check out each link to learn more about each coin.

What is the rarest Steel Wheat Penny?

Name Produced
1944 1,000
1943 S 191,550,000
1943 D 217,660,000
1943 684,628,000
Name Produced

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.

We use user submitted pictures please read that article if you are interested in adding your own.

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