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1943 Silver Cent sells for $8,400!

ZoinsZoins Posts: 33,910 ✭✭✭✭✭
edited April 24, 2021 5:16PM in U.S. Coin Forum

I wanted to pick this one up today but had my sights on another piece and could only go after one.

Compare the look of silver to steel. This steel cent sold for $33,600 just 6 months ago.

Comments

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    MFeldMFeld Posts: 12,056 ✭✭✭✭✭

    Links?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    jmlanzafjmlanzaf Posts: 31,997 ✭✭✭✭✭

    How come we're comparing an off metal strike to an MS68? I'm confused.

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭
    edited April 24, 2021 4:39PM

    @jmlanzaf said:
    How come we're comparing an off metal strike to an MS68? I'm confused.

    Comparing look of silver to steel since both have a silvery look. It's good to see how the two compare.

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭
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    MFeldMFeld Posts: 12,056 ✭✭✭✭✭

    @Zoins said:

    @MFeld said:
    Links?

    Added!

    Thank you.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭

    @MWallace said:
    WOW!! I'm dating myself, but I remember when 1943 Silver Cents were just a few hundred dollars. The one above is the nicest one I've ever seen.

    I agree. I've looked at a lot of these cents and just love this one.

    I wanted to add a core collection piece, or I would have gone for this one.

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    daltexdaltex Posts: 3,486 ✭✭✭✭✭

    @Zoins said:

    @jmlanzaf said:
    How come we're comparing an off metal strike to an MS68? I'm confused.

    Comparing look of silver to steel since both have a silvery look. It's good to see how the two compare.

    Aren't we comparing silver to zinc? Have I misunderstood the nature of (common) 1943 cents all these years?

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    JimnightJimnight Posts: 10,821 ✭✭✭✭✭

    Exciting coins!

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    RB1026RB1026 Posts: 1,469 ✭✭✭✭

    That's a particularly nice example @Zoins It's easy to see why it caught your eye. Thanks for posting it!

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    metalmeistermetalmeister Posts: 4,584 ✭✭✭✭✭

    $33,000! I've got some real nice raw ones that look that good!

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
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    291fifth291fifth Posts: 23,945 ✭✭✭✭✭

    $33,000 for a 1943-P steel cent is absurd no matter what the grade.

    All glory is fleeting.
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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭
    edited April 25, 2021 4:09AM

    I agree it doesn’t look like one which is what makes this special. Of course it doesn’t exactly look like a normal cent planchet either which accounts for the relatively low price.

    I wonder if I will regret my decision. I ended up buying a widget instead. The other piece looks like perhaps one of 3 right now but they look basically the same. Can widget be used for 1 of 3? ;)

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    Mr Lindy Mr Lindy Posts: 984 ✭✭✭✭✭

    It's still available via HA make offer button for $12,600

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭
    edited April 25, 2021 4:13AM

    @LindyS said:
    It's still available via HA make offer button for $12,600

    Heritage says the following which should be taken with a grain of salt. It’s an automatic message. The lot I won says this too but I never set it to say this and I’m not responding to offers at all ;)

    This item's owner is actively responding to (though not necessarily routinely accepting) offers. Most owners in this category are still actively buying, and therefore interested only in offers where they can net (after our 10% fee) an amount sufficiently above today's market value. Owners in this category seldom counter-offer, and will usually simply reject offers placed at current auction values or lower.

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    Mr Lindy Mr Lindy Posts: 984 ✭✭✭✭✭

    I thought it meant item did not sell but owner will accept 12,600.
    I have noticed the button pop after certain inflated value error coin auctions end at HA

    So this button pops up on all lots after they close ?

    @Zoins said:

    @LindyS said:
    It's still available via HA make offer button for $12,600

    Heritage says the following which should be taken with a grain of salt. It’s an automatic message. The lot I won says this too but I never set it to say this and I’m not responding to offers at all ;)

    This item's owner is actively responding to (though not necessarily routinely accepting) offers. Most owners in this category are still actively buying, and therefore interested only in offers where they can net (after our 10% fee) an amount sufficiently above today's market value. Owners in this category seldom counter-offer, and will usually simply reject offers placed at current auction values or lower.

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭

    @LindyS said:
    I thought it meant item did not sell but owner will accept 12,600.
    I have noticed the button pop after certain inflated value error coin auctions end at HA

    So this button pops up on all lots after they close ?

    @Zoins said:

    @LindyS said:
    It's still available via HA make offer button for $12,600

    Heritage says the following which should be taken with a grain of salt. It’s an automatic message. The lot I won says this too but I never set it to say this and I’m not responding to offers at all ;)

    This item's owner is actively responding to (though not necessarily routinely accepting) offers. Most owners in this category are still actively buying, and therefore interested only in offers where they can net (after our 10% fee) an amount sufficiently above today's market value. Owners in this category seldom counter-offer, and will usually simply reject offers placed at current auction values or lower.

    I think it’s a default message on all auction lots. I think the buyer may have a setting to turn it off but I haven’t looked for it.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Would be nice to find one of these in a coinstar reject slot.... ;) Cheers, RickO

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    TurtleCatTurtleCat Posts: 4,594 ✭✭✭✭✭

    It’s a cool off metal error for sure. Someone way back was very smart to preserve it!

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    BuffaloIronTailBuffaloIronTail Posts: 7,413 ✭✭✭✭✭

    @ricko said:
    Would be nice to find one of these in a coinstar reject slot.... ;) Cheers, RickO

    UMMMM...................You think?

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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    MFeldMFeld Posts: 12,056 ✭✭✭✭✭

    @Zoins said:

    @LindyS said:
    I thought it meant item did not sell but owner will accept 12,600.
    I have noticed the button pop after certain inflated value error coin auctions end at HA

    So this button pops up on all lots after they close ?

    @Zoins said:

    @LindyS said:
    It's still available via HA make offer button for $12,600

    Heritage says the following which should be taken with a grain of salt. It’s an automatic message. The lot I won says this too but I never set it to say this and I’m not responding to offers at all ;)

    This item's owner is actively responding to (though not necessarily routinely accepting) offers. Most owners in this category are still actively buying, and therefore interested only in offers where they can net (after our 10% fee) an amount sufficiently above today's market value. Owners in this category seldom counter-offer, and will usually simply reject offers placed at current auction values or lower.

    I think it’s a default message on all auction lots. I think the buyer may have a setting to turn it off but I haven’t looked for it.

    Yes, the buyer/client can disable “Make Offer to Owner”.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    WAYNEASWAYNEAS Posts: 6,355 ✭✭✭✭✭

    @Zoins
    What are the weights of the two coins?
    Wayne

    Kennedys are my quest...

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭

    @WAYNEAS said:
    @Zoins
    What are the weights of the two coins?
    Wayne

    I don’t know but I expect the first to be the weight of a standard silver dime planchet. If not, I would expect to see a weight on the insert.

    I expect the second to be that of a standard steel war cent.

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    Steven59Steven59 Posts: 8,294 ✭✭✭✭✭

    I'm just wondering - "Is it really Silver" ?

    "When they can't find anything wrong with you, they create it!"

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭

    @Steven59 said:
    I'm just wondering - "Is it really Silver" ?

    What's causing you to question PCGS and Heritage?

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    Steven59Steven59 Posts: 8,294 ✭✭✭✭✭
    edited May 30, 2021 7:44PM

    @Zoins said:
    What's causing you to question PCGS and Heritage?

    I always question things I don't know about so I can learn from explanations ,

    "When they can't find anything wrong with you, they create it!"

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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @Steven59 said:

    @Zoins said:
    What's causing you to question PCGS and Heritage?

    I always question things so I can learn from explanations ,

    did you read the heritage description or coinfacts page? (if there is one)

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    Steven59Steven59 Posts: 8,294 ✭✭✭✭✭

    @LanceNewmanOCC
    did you read the heritage description or coinfacts page? (if there is one)

    I was able to read the PCGS page but not the heritage page, I'm dyslexic so reading is kinda tough on me. I do think I got it now that these were struck on dime planchets?

    "When they can't find anything wrong with you, they create it!"

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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @Steven59 said:
    I do think I got it now that these were struck on dime planchets?

    .
    dime planchet yes.

    reading posts here vs heritage can't be that different, with that condition that is.

    there are fantastic text to voice programs/apps out there. fwiw

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • Options
    ZoinsZoins Posts: 33,910 ✭✭✭✭✭

    @Steven59 said:

    @LanceNewmanOCC
    did you read the heritage description or coinfacts page? (if there is one)

    I was able to read the PCGS page but not the heritage page, I'm dyslexic so reading is kinda tough on me. I do think I got it now that these were struck on dime planchets?

    Yes, it was struck on a silver dime planchet.

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    Steven59Steven59 Posts: 8,294 ✭✭✭✭✭

    @LanceNewmanOCC said:
    reading posts here vs heritage can't be that different, with that condition that is.

    >
    Well for me the text is so tiny I can't read it - and I am not a member - is this OK ?

    "When they can't find anything wrong with you, they create it!"

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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @Steven59 said:

    @LanceNewmanOCC said:
    reading posts here vs heritage can't be that different, with that condition that is.

    >
    Well for me the text is so tiny I can't read it - and I am not a member - is this OK ?

    windows comes with a magnification tool. heritage doesn't require you to be a member to read descriptions; just click on the links in the OP or you can hold down ctrl and use your scroll button to increase/decrease the text size.

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

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    ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited May 30, 2021 9:54PM

    Has anyone checked with @MrEureka that it's not a pattern? >:)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
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    MWallaceMWallace Posts: 3,864 ✭✭✭✭✭

    @BuffaloIronTail said:

    @ricko said:
    Would be nice to find one of these in a coinstar reject slot.... ;) Cheers, RickO

    UMMMM...................You think?

    Pete

    Or in a parking lot. ;)

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    ByersByers Posts: 1,478 ✭✭✭✭✭
    edited August 25, 2021 10:15PM

    It’s not a pattern. There are many 1943 silver Cents ( Cent on Dime blank) known.

    It’s actually one of the more common years!!

    Just expensive because of the magic date- 1943.

    The MS 66 is unusual for the grade, and the price reflects that. It is the finest one that I have ever seen.

    I have handled a few of these in MS 64 and 65, and I’m sure that Fred Weinberg has too.

    mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
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    SullivanNumismaticsSullivanNumismatics Posts: 829 ✭✭✭
    edited August 26, 2021 6:06AM

    The finest known to me, although there are some other nice examples out there. For years it was housed in an NGC MS-65 holder and brought at 3 auctions prices between $7500-$11,400 at auction, so it was "right in line" more or less.

    I think of this coin as the "affordable" 1943 off-metal. There are quite a few out there, and other wheat years are much scarcer. But, popularity is what bring value, and it's the most popular single year for wheat silver cents.

    www.sullivannumismatics.com Dealer in Mint Error Coins.
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    ByersByers Posts: 1,478 ✭✭✭✭✭

    1943 is a magic year for all Lincoln Cents struck as off- metals, Heritage Auctions just sold my 1943 Lincoln Cent, the finest of 6 known, for $31,200.

    mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
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    braddickbraddick Posts: 23,127 ✭✭✭✭✭

    That's a reasonable price! Someone is going to get a decent and cool-looking error that I see as being more valuable in the future.

    peacockcoins

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭
    edited August 26, 2021 7:53AM

    @Byers said:
    1943 is a magic year for all Lincoln Cents struck as off- metals

    Agree! I think it’s the most significant date for off-metal cents due to coinciding with officially struck metal change for the steel cents.

    I also like 1974 and 1964 but nothing officially happened to the cents that year. 1982 is ok but a bit modern.

    @Byers said:
    Heritage Auctions just sold my 1943 Lincoln Cent, the finest of 6 known, for $31,200.

    Congrats! 🎉

    I’m a huge fan of the centstukken. It’s a 1943, off metal, silver, copper looking, and who doesn’t love a name like Centstukken!

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    ByersByers Posts: 1,478 ✭✭✭✭✭
    edited August 26, 2021 7:57AM

    I thought it had a chance to hit 40k+. It’s a great mint error at a fraction of the cost for a 1943 Copper Cent. It’s 64% silver and 36% copper.

    mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
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    jdimmickjdimmick Posts: 9,604 ✭✭✭✭✭

    Couple years ago, i missed an opportunity to buy one of these over the counter, I got a call saying they had a 43 penny struck in silver, I said should be steel. I get calls all the time people thinking the steel ones are silver , I said bring it by and Ill look at it, well they went to a gold buying shop across town instead, and sure enough it was, sold it for 100 bucks or so I think. the owner of the shop submitted it and it came back a 45 or so

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    ZoinsZoins Posts: 33,910 ✭✭✭✭✭
    edited August 26, 2021 8:09AM

    @jdimmick said:
    Couple years ago, i missed an opportunity to buy one of these over the counter, I got a call saying they had a 43 penny struck in silver, I said should be steel. I get calls all the time people thinking the steel ones are silver , I said bring it by and Ill look at it, well they went to a gold buying shop across town instead, and sure enough it was, sold it for 100 bucks or so I think. the owner of the shop submitted it and it came back a 45 or so

    Sorry to hear that! Perhaps they lived across town town as well so it was simply a matter of convenience?

    I wish PCGS would classify error types and give them CoinFacts listing pages. It would be amazing to see all the 1943 off-metal cents together!

    I wonder if Ron @BestGerman ever thought about this for CoinFacts.

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    ByersByers Posts: 1,478 ✭✭✭✭✭

    Zions- Thanks! I’m sure that the new owner will treasure it in his Lincoln Cent or mint error collection!

    mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.

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