1943 P D S Steel Lincoln Wheat Cent Penny 3 Coin Set

Item Description

Up for buy it now is 1 from each mint a 1943 Philadelphia, Denver and San Francisco very nice set almost uncirculated condition (3 Total) of Steel Lincoln Wheat One Cent 67 year old Pennies, I believe the photo (Obverse and Reverse) are to a level that you can make your own judgment as to the grading, the coins you will receive will be of the same grade as shown above or higher. The coins come in a 2" x 2" flip card. Some coins may have very minor if any dings, wear, slight oxidation or light blemishes or just nice circulated coins, so please review the photo and ask questions if you have any. As always thanks for reviewing. 

 

Shipping and Handling is free and due to the current economy situation and the fact that payday does not always work out with auction closings, take up to 14 days to pay, items will be mailed within 24 hours of payment received.

The 1943 Production of this wartime steel cent was provided for in the Act approved December 12, 1942. Low grade carbon steel formed the base, to which a zinc coating .00025 inches thick was deposited on each side electrolytically as a rust preventative. Operations commenced February 27, 1943 and ended 31 December 1943.

Weight: 41.5 grains (Will not vary in weight by 3 grains)

Weight change on May 13, 1943: 42.4 grains (Will not vary in weight by more than 3.5 grains)

Diameter: 19.05 mm (.750 inch, will not vary in diameter by more than .002 inches)

Thickness: 1.55 mm

Edge: Plain

Composition: 100% Low Carbon Steel with a layer of Zinc up to .00025?

Year of Mint: 1943

Design Obverse: Abraham Lincoln

Design Reverse: Wheat Heads in memorial style, framing ONE CENT and UNITED STATES OF AMERICA, with E . PLURIBUS . UNUM. At top.

Designer: Victor D. Brenner

Mintage: Philadelphia ? 684,628,670 / Denver ?217,660,000 / San Francisco ? 191,550,000

Total - 1,093,838,670

Mint Recall Destroyed by 1960 ? 15%

Special Note: 930 million remained in circulation per 1960?s US Mint records

 

1943 Steel Cent Rarities:

Denver, Colorado Mint: Double Die (Bold) D Mint Mark, Double Die 1943 Date (One or more numbers), Weak 4 in the date 1943, Copper 1943D Cent(s) due to left over copper planchets from the previous year being left in the mint hopper, when 1943 production year began. Coin clip, when planchets are cut too close together from the metal roll. Filed cents are not noted as being an error, but were done to very few Cents to meet the coin weight requirement, when filed you will note that the coin legend is not altered in the filed area, which reflects the coin was filed before stamping in the planchets stage.

Philadelphia, Pennsylvania Mint: Double Die 1943 Date (One or more numbers), Weak 4 in the date 1943 and Copper 1943 Cent(s) due to left over copper planchets from the previous year being left in the mint hopper, when 1943 production year began. Coin clip, when planchets are cut too close together from the metal roll. Filed cents are not noted as being an error, but were done to very few Cents to meet the coin weight requirement, when filed you will note that the coin legend is not altered in the filed area, which reflects the coin was filed before stamping in the planchets stage.

San Francisco, California Mint: Double Die (Bold) S Mint Mark as well as weak, Double Die 1943 Date (One or more numbers), Weak 4 in the date 1943, Copper 1943S Cent(s) due to left over copper planchets from the previous year being left in the mint hopper, when 1943 production year began, Small s (known as filled) and Large S Mint Marks. Coin clip, when planchets are cut too close together from the metal roll. Filed cents are not noted as being an error, but were done to very few Cents to meet the coin weight requirement, when filed you will note that the coin legend is not altered in the filed area, which reflects the coin was filed before stamping in the planchets stage.

In 1945 the mint began to withdraw steel cents from circulation, in the next 20 years the mint retrieved almost 15% of the steel pennies that were minted and destroyed them all. The new composition did cause some problems, because the zinc coating did not cover the edges of the coins, coins that circulated would begin to rust. The coins could also be picked up by a magnet because, of the predominantly steel composition. This caused problems with some vending machines. It took some time to produce sufficient supplies of planchets and production commenced on February 23, 1943 at the Philadelphia Mint with the Denver and San Francisco Mints beginning production the next month. The Treasury announced that no steel cents would be produced after December 31, 1943 and that the mint would produce cents from the pre-war alloy, but without tin. It was also announced that there would be no recall of the steel cent. After the war, the Treasury did begin recalling steel cents for the next 20 years. Although not publicized, coins were to be returned to the treasury in the normal course of business. By 1950, steel cents were becoming scarce and by 1960, nearly non-existent. By this time, steel cents had deteriorated quite a bit. The Mint had coated the steel strips, before punching the planchets leaving the edge of the coin subject to rust and corrosion. Even though a recall was in effect, the mints own records indicate over 930 million remained in circulations by the 1960?s.


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