Unveiling the Truth About the 1943 Cent: Rare or Common?

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  • čas přidán 3. 06. 2024
  • Welcome to the American Numismatic Association channel! In this video, Rod Gillis, the Education Director, delves into the intriguing world of the 1943 cent. If you've ever wondered about the rarity of this coin, you're in for a surprise!
    The 1943 cent holds a special place in coin history as the only coin minted from steel, a measure taken during World War II to conserve copper for artillery shells. Despite popular belief, these steel cents are far from rare, with over a billion produced across the San Francisco, Denver, and Philadelphia Mints in 1943 alone.
    But here's where it gets interesting: while many seek the elusive 1943 copper cent, only a handful exist. The confusion arises when individuals mistake the common steel cent for its rare copper counterpart, leading to misconceptions about its value.
    To distinguish between the two, Rod Gillis reveals a simple trick: a magnet. If your cent is attracted to the magnet, it's the common steel variety. However, if it isn't, you may have struck numismatic gold-unless it's been tampered with. Some unscrupulous individuals have attempted to pass off altered coins as rare copper cents, a practice detectable under a microscope.
    If you're unsure about your coin's authenticity, visit your local coin dealer for expert advice. They can verify its legitimacy and guide you through the intricacies of coin collecting. Remember, while owning a rare 1943 copper cent might seem like hitting the jackpot, it's as rare as winning the lottery, scoring a hole-in-one, being struck by lightning, and meeting Ringo Starr in a bowling alley-all in one day!
    Stay informed, avoid misconceptions, and happy collecting from the American Numismatic Association! For more numismatic insights, visit our website at money.org.

Komentáře • 19

  • @jakeschlachter3104
    @jakeschlachter3104 Před 4 lety +2

    Very informative and concise. Thank you for this very much needed PSA.

  • @vyesitsme9203
    @vyesitsme9203 Před 4 lety +2

    Thank you A N A.💥👍

  • @officeguy3
    @officeguy3 Před 4 lety +1

    Great advice.. Thank you.

  • @Kittlecoins
    @Kittlecoins Před 4 lety +5

    Love the 1943 Steel Cents... just too bad they didn't issue them in proofs!

  • @jfrey1
    @jfrey1 Před 3 lety

    Mr. Gillis FTW

  • @juliebergacker5680
    @juliebergacker5680 Před 4 lety

    Thank you. Very interesting👍

  • @glennrishton5679
    @glennrishton5679 Před 3 lety

    As a young teen around 1964 I went to a coin shop, the owner gave me a 1943 that must be copper plated, I knew it was fake but it was cool and I still have it. The amzing thing was he wrote on the cardboard fiolder $100,000. I couldnt imagine any coin, real coin costing that much....well there was the 1804 dollar.

  • @carlahernandez8081
    @carlahernandez8081 Před 3 lety

    would be nice if you would explain the 1943 experimental penny also

  • @martinneps9387
    @martinneps9387 Před 3 lety +1

    What are these steel pennies worth in mint condition Please comment back I have one from each mint They are in a plastic case please let me know thank you

  • @diverdan1941
    @diverdan1941 Před 3 lety

    I have 5 uncirculated 1943 steel pennies, also have 6 1943 steel pennies. I also have a 1983 steel penny. Is it worth anything.

  • @channelseven7175
    @channelseven7175 Před 2 lety

    Thank you for your information Mr gillis however the example that you showed that the 1943 copper sent coin is not the actual true replica due to the fact that the true 1943 sent coin on the three has a more sweeping tail at the end of the three the coin that you showed in your visual display was incorrect but yes we do get the point 💯❗

  • @masterofcents.8175
    @masterofcents.8175 Před 4 lety

    A simple XRF test or gravity test would work for me.

  • @steamclubcheapergames174

    I have a 1973 coin because of Abram Lincoln. Coin weight is 3.0 and is original.

  • @martinneps9387
    @martinneps9387 Před 3 lety +1

    Where can I get this magnifying glass to check the dates on my Coins I have a lot from the old days when my father used to collect Coins show where can I purchase one of these magnifying glass I don't I would like to get 1 with a light to make sure I'm doing it right please comment back and I do have the whole complete set of the steel pennies from all 3 of the minutes in they are in mint condition

  • @sissy5667
    @sissy5667 Před rokem

    I just found one

  • @bentyhamza1106
    @bentyhamza1106 Před 2 lety

    Buongiorno vivo in Italia ho dollari monete di 1976+ 1964 si tentriss

  • @user-xl9up9tp6d
    @user-xl9up9tp6d Před 3 lety

    Продам стальной Сент 1943 год .