Dear Donna,
Found these pennies at a flea market over the weekend. We paid $10 for all of them. Can you give me any information on them?
Thank you, Donna.
Tim
Dear Tim,
Coins are a field of their own and not one I have the most experience in. It’s a very interesting and complex collectible market and some can be very, very valuable.
Your pennies are from 1943 and if you’re lucky maybe you have one dated 1944. The 1943 wheat penny was made to conserve copper during World War II. They were made of steel with a zinc coating. Beware, though, some of the values are in the mint marks and other conditions that either enhance the values or take away from it. As with everything there are reproductions out there. Sad but true!
The average value of a steel penny in good condition is a few dollars. In order for you to get a real value they must be seen by a professional. This is a must should you have a treasure.
Tim, even if you have only a few dollars in steel pennies, the education you’re going to get from them will be priceless. Some of your work could be done via a guide to collecting coins or online. Don’t assume, though — have them looked at! Good luck, Tim, and I hope you found a treasure or two.