The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
When the United States formally entered World War II, the nation began rationing key materials to help the military effort. To save copper for ammunition, the United States approved minting Lincoln cents from a zinc-plated steel composition. This new format was first used in 1943, with steel cents replacing the traditional bronze composition that had been used through 1942.
Steel cents are popular coins both from the standpoint of collecting and also in terms of their marketability to non-collectors, many of whom have never seen steel cents before and find them novel. Dealers, particularly the major distributors, often sell 1943 steel cents to non-collectors as a type of gateway coin to hook non-numismatists into collecting. More than 1 billion 1943 steel cents were made across all three mints that produced them, and the Philadelphia-minted specimens are common in grades through MS67. In MS68 they're extremely scarce.
Obverse Description
Bust of Abraham Lincoln framed by IN GOD WE TRUST on the top periphery. The word LIBERTY to the left of the portrait and the date and mintmark (If any) positioned on the right side.
Reverse Description
Wheat ears flanking the words ONE CENT, UNITED STATES OF AMERICA. The motto E PLURIBUS UNUM on the top perimeter.
Book Reference
Designer: Victor D. Brenner. Weight: 2.70 grams. Composition: Steel, coated with zinc. Diameter: 19 mm. Edge: Plain. Mints: Philadelphia, Denver, San Francisco.
Key to Collecting: To conserve copper for wartime munitions and products, in 1943 cents were made of zinc-coated steel. Production in quantity took place at all three mints. Although there were no particular problems with the production of such pieces, in 1944 copper was used once again. Circulated coins are common. They are usually rather blotchy and unattractive unless processed to become bright. (Tarnished circulated steel cents are sometimes processed to make them shiny again, for souvenir sets. However, cleaning and otherwise treating coins is not considered a good numismatic practice. MS examples with original luster are plentiful enough that you can easily find an inexpensive example for your type set.) Mint State coins are common through and including gem levels.
Aspects of Striking and Appearance: Usually very well struck, which seems unusual due to the hardness of the planchet!
Catalog Information
Send Catalog Feedback
To: editor@greysheet.com
Subject: I would like to contribute catalog info to CDN for Lincoln Cent 1c 1943, Steel, Wheat Reverse MS [Type]
Body: Referring page: http://dev.greysheet.com/prices/item/1943-1c-lincoln-cent-zinc-type-coin/gsid/376180 GSID: 376180 Title: Lincoln Cent 1c 1943, Steel, Wheat Reverse MS [Type]
View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.
Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$3,750 | $1,234 |
| MS68 | - | $1,600 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
Greysheet News
Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center
The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.





