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1943 - S, bronze planchet Cent

Anyone else watching the Heritage auction and see the finest known 1943 - S, Bronze Cent sell for ONLY $504,000 ??? I was shocked and was expecting it to go way more.

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Comments

  • I'm thinking 2020 is NOT the best time for auctions.
    Too many things going on in the world (i.e. US Election, CoVid-19, etc).

    Just my opinion, though.

    Chris

  • Yeah, I think you may be right about that. its been a hell of a year...

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  • jmlanzafjmlanzaf Posts: 35,538 ✭✭✭✭✭

    Seems more than reasonable.

  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @jmlanzaf said:
    Seems more than reasonable.

    thats what i am thinking. i looked at some pops for these the other day and there are a few p & s but that D!

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  • mr1931Smr1931S Posts: 6,364 ✭✭✭✭✭

    I would have guessed it would go for considerably less than $500k.

    “I believe in intuitions and inspirations. I sometimes feel that I am right. I do not know that I am. When two expeditions of scientists, financed by the Royal Academy, went forth to test my theory of relativity, I was convinced that their conclusions would tally with my hypothesis. I was not surprised when the eclipse of May 29, 1919, confirmed my intuitions. I would have been surprised if I had been wrong. I am enough of the artist to draw freely upon my imagination. Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.” Albert Einstein- quoted in Saturday Evening Post interview (1929)

    “Whoever is careless with the truth in small matters cannot be trusted with important matters.” For Einstein, honesty was fundamental. Attention to truth in small things reflected a person’s integrity on a larger scale.

  • jmlanzafjmlanzaf Posts: 35,538 ✭✭✭✭✭

    @mr1874 said:
    I would have guessed it would go for considerably less than $500k.

    I would have thought $500k was the top end of the range.

  • @jmlanzaf said:

    @mr1874 said:
    I would have guessed it would go for considerably less than $500k.

    I would have thought $500k was the top end of the range.

    For the top pop, finest known, I was expecting at least 3/4 a million. I wonder if the D will go on sale, I know Simpson owns one he paid 1.4M for....

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  • ambro51ambro51 Posts: 13,920 ✭✭✭✭✭
    edited November 19, 2020 9:20PM

    Didn’t the pinscratched discovery piece sell about 12 years ago rather cheap?

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Ah yes... the elusive copper '43 cent.... The one every body checks their cent hoard for.... I know I did years ago... a couple of times ;) Cheers, RickO

  • ambro51ambro51 Posts: 13,920 ✭✭✭✭✭
    edited November 20, 2020 9:18AM

    I’ve had a plated one for decades. It Was a change find long ago, some joker slipped a copper plated steelie in, and I found it. I do remember a frantic bike ride home to get a magnet :) The damn thing has such a great color I’ll bet half the people on this board would have a heart attack if the grocery store clerk dropped it in their hand!!

  • ZoinsZoins Posts: 34,400 ✭✭✭✭✭

    At this price, it will be interesting to see if this went to a collector or dealer.

  • ZoinsZoins Posts: 34,400 ✭✭✭✭✭
    edited November 20, 2020 8:39AM

    This is the only MS specimen.

    Here's the Condition Census.

    https://www.pcgs.com/coinfacts/coin/1943-s-1c-bronze-bn/82715/63

    Wexler and Flynn number 3

    Reportedly found in a Mint-sewn bag of 1943-S Steel Cents (cited in the Goldbergs 2000 appearance, but questionable in light of the subsequent grading) - Dr. Charles Ruby Collection - Superior 6/1974 - Superior 6/1977, $49,500 - Goldbergs 2/2000:257, $115,000 - brokered by Legend Numismatics in early 2013 for a reported $1 million - Bob R. Simpson Collection

  • @Zoins said:
    Someone got a deal.

    Thats exactly what I thought! I mean, this coin is like one of the most famous ones in the world, even among people who don't collect their coins. I remember as a kid always looking at pocket change to see if there was a 43 copper...

    Store: JLBCoins.com

  • ambro51ambro51 Posts: 13,920 ✭✭✭✭✭
    edited November 20, 2020 9:17AM

    The Discovery Piece.

  • BuffaloIronTailBuffaloIronTail Posts: 7,519 ✭✭✭✭✭

    I wonder if Henry Ford is still giving away a new car for one?

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • mr1931Smr1931S Posts: 6,364 ✭✭✭✭✭

    I wonder if the D will go on sale, I know Simpson owns one he paid 1.4M for....

    :o

    “I believe in intuitions and inspirations. I sometimes feel that I am right. I do not know that I am. When two expeditions of scientists, financed by the Royal Academy, went forth to test my theory of relativity, I was convinced that their conclusions would tally with my hypothesis. I was not surprised when the eclipse of May 29, 1919, confirmed my intuitions. I would have been surprised if I had been wrong. I am enough of the artist to draw freely upon my imagination. Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.” Albert Einstein- quoted in Saturday Evening Post interview (1929)

    “Whoever is careless with the truth in small matters cannot be trusted with important matters.” For Einstein, honesty was fundamental. Attention to truth in small things reflected a person’s integrity on a larger scale.

  • mr1931Smr1931S Posts: 6,364 ✭✭✭✭✭

    I'd rather have 10 rolls of sharp, problem free 1909 S V.D.B's than one 1943-S copper at $500K. '14-D with $500K? Twice that many, 20 rolls, VF or better.

    “I believe in intuitions and inspirations. I sometimes feel that I am right. I do not know that I am. When two expeditions of scientists, financed by the Royal Academy, went forth to test my theory of relativity, I was convinced that their conclusions would tally with my hypothesis. I was not surprised when the eclipse of May 29, 1919, confirmed my intuitions. I would have been surprised if I had been wrong. I am enough of the artist to draw freely upon my imagination. Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.” Albert Einstein- quoted in Saturday Evening Post interview (1929)

    “Whoever is careless with the truth in small matters cannot be trusted with important matters.” For Einstein, honesty was fundamental. Attention to truth in small things reflected a person’s integrity on a larger scale.

  • MrEurekaMrEureka Posts: 24,359 ✭✭✭✭✭

    I think 500K is a solid price for that coin. Also, according to Laura,
    Simpson paid $1,050.00 for the 43 and 43S as a pair, not $1 million for the 43S. So yes, the coin was a loser for Simpson, but it was hardly a bloodbath.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • While it would be fun to own one, I don't understand the excessive interest in these coins. They just don't hold anywhere near the historic flair of other six-digit rarities, at least for me. At a million dollars, it seems like $50,000 worth of coin, and $950,000 worth of hype.

    Wasn't it only a couple of decades ago that the record price for any 1943 bronze was around $20K?

    James at EarlyUS.com

    On the web: http://www.earlyus.com
  • MFeldMFeld Posts: 14,352 ✭✭✭✭✭

    @OldeTowneCoinShoppe said:
    While it would be fun to own one, I don't understand the excessive interest in these coins. They just don't hold anywhere near the historic flair of other six-digit rarities, at least for me. At a million dollars, it seems like $50,000 worth of coin, and $950,000 worth of hype.

    Wasn't it only a couple of decades ago that the record price for any 1943 bronze was around $20K?

    No, an ANACS AU50 1943 brought $46,000 in 2001. And an S-mint is much rarer.

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

  • I have discovered a new rate 1944/43 s Cent Variety.

  • Here's a image

  • JBKJBK Posts: 16,133 ✭✭✭✭✭

    Why don't you start a new thread?

    It will be a few days before you can post pictures as a new member.

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