Tuesday, September 6, 2011

REAL 1943 COPPER Wheat Penny?

Right behind the 1955 doubled die cent, the 1943 copper cent is one of the notable error rarities of the Lincoln cent series. An estimated 40 examples are believed to have been struck, with 12 confirmed to exist. The error occurred when copper planchets were left in the press hopper and press machines during the changeover from copper to steel blanks. Examples were discovered in the late 1940s, with the first two discovered in 1947, and another in 1958. An example first sold in 1958 for $40,000; one mint state specimen sold for over $200,000 in 2004. Many people have counterfeited the coin by either copper-plating normal 1943 cents (sometimes as novelties with no intent to defraud), or altering cents from the period, usually 1945-, 1948-, or 1949-dated coins.

The copper cents differ from their steel counterparts in four ways:

* Genuine 1943 copper cents will not be attracted to a magnet. Copper-plated steel cents will exhibit a strong magnetic attraction.
* Copper cents weigh 3.11 grams. Steel cents weigh just 2.7 grams.
* The numeral "3" in "1943" has the same long tail as the steel cents. Alterations from later-dated copper cents will be noticeable when gepared side-by-side with genuine steel cents.
* The quality of the strike is exceptionally sharp, especially around the rim, because the soft copper planchets were struck with the same (higher) pressure used for the steel cents.

Through a similar error, a few 1944 cents were struck on steel planchets, but are not in high demand as their 1943 copper counterparts.

Source: http://en.wikipedia.org/wiki/1943_steel_penny

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