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Circulating coins are worth $408,000 to $409,000 in average condition and upwards of $1.1 million for uncirculated condition. 3. 1793 Strawberry Leaf Cent — $862,500
According to CoinCollecting.com, the cent was 95% copper until copper was needed for war in 1943 and the penny’s composition changed to zinc-coated steel for the year. A few errors were made on ...
Currently, pennies are 97.5% zinc and 2.5% copper, and at current prices of those metals, each new penny has a theoretical "melt value" -- what you'd get if you melted down pennies and sold the ...
When copper reached a record high in February 2011, [46] the melt value of a 95% copper cent was more than three times its face value. As of January 21, 2014, a pre-1982 cent contained 2.203 cents' worth of copper and zinc, making it an attractive target for melting by people wanting to sell the metals for profit.
The unique composition of the coin (low-grade steel coated with zinc, instead of the previously 95%-copper-based bronze composition) has led to various nicknames, such as wartime cent, steel war penny, zinc cent and steelie. The 1943 steel cent features the same Victor David Brenner design for the Lincoln cent which had been in use since 1909.
It may be time to dig out that old piggy bank and see if you’ve got a fortune stashed away.
Wartime cent, 1944–1946 (Brass except as noted) Year Mint Mintage Comments 1944 (P) 1,435,000,000 (P) >27 Zinc-plated Steel. 27 known. D 430,578,000 D ^ D over S D
Lincoln pennies struck from 1963 through around mid-1982 have a solid brass composition made up of 95% copper and 5% zinc, Numismatic News reported. ... here are nine other 1-cent pieces worth a ...