Most collectors know about 1943 steel cents—but very few know about the rare overdate variety that can be worth hundreds or even thousands of dollars. Here’s how to identify this valuable coin and make sure you don’t accidentally spend it.
Why This Steel Penny Is Special
In 1943, the U.S. Mint produced steel cents to save copper for World War II. However, at the San Francisco Mint, a 1942 die was accidentally repunched with “1943,” creating a 1943/42 overdate error.
This variety is especially rare, and when found in high grade, it can command $5,000 or more at auction.
How to Identify the 1943/42 Overdate Steel Penny
1. Check the Date:
- Look for “1943” on the obverse (front) of the coin
- Mint mark must be “S” (San Francisco Mint)
2. Look for the Overdate:
- On the 3, you’ll see traces of the underlying 2—including an extra curve inside and below the 3.
- You may also see a faint doubling on the 9 and 1.
3. Condition Matters:
- Even worn examples can sell for $300–$400
- Best condition known sold for over $5,000 in 2024
Certification for Maximum Value
If you believe you’ve found one:
- Handle Carefully – Avoid touching the surfaces directly
- Take Clear Photos – Show the date and overdate clearly
- Submit to PCGS – Use the official submission guide at PCGS.com
When certified, these coins attract serious bids from collectors worldwide.
💡 Pro Tip: Always check the dates on steel cents—especially the 1943-S. The 1943/42 overdate is one of the most valuable steel penny varieties ever made.
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