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1943 - S, bronze planchet Cent

JLBCoinsJLBCoins Posts: 18 ✭✭
in U.S. Coin Forum

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

  • SilverEagle1974SilverEagle1974 Posts: 143 ✭✭✭

    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

  • JLBCoinsJLBCoins Posts: 18 ✭✭

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

    Store: JLBCoins.com

  • jmlanzafjmlanzaf Posts: 37,722 ✭✭✭✭✭

    Seems more than reasonable.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • 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!

    <--- 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 -

  • mr1931Smr1931S Posts: 6,559 ✭✭✭✭✭

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

    If a nation expects to be ignorant and free, it expects what never was and never will be.---Thomas Jefferson, 3rd President of the United States of America, 1801-1809. Jefferson was the primary author of the Declaration of Independence.

  • jmlanzafjmlanzaf Posts: 37,722 ✭✭✭✭✭

    @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.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • JLBCoinsJLBCoins Posts: 18 ✭✭

    @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....

    Store: JLBCoins.com

  • ambro51ambro51 Posts: 14,068 ✭✭✭✭✭
    edited November 19, 2020 8:20PM

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

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited November 19, 2020 9:51PM

    Someone got a deal.

    This was a million dollar coin in 2012 and has a $1M PCGS Price Guide value.

    Private Mint News | 2010 Lincoln Reverse Finalists
  • 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: 14,068 ✭✭✭✭✭
    edited November 20, 2020 8:18AM

    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: 34,401 ✭✭✭✭✭

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

    Private Mint News | 2010 Lincoln Reverse Finalists
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited November 20, 2020 7:39AM

    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

    Private Mint News | 2010 Lincoln Reverse Finalists
  • JLBCoinsJLBCoins Posts: 18 ✭✭

    @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: 14,068 ✭✭✭✭✭
    edited November 20, 2020 8:17AM

    The Discovery Piece.

  • BuffaloIronTailBuffaloIronTail Posts: 7,576 ✭✭✭✭✭

    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: 6,559 ✭✭✭✭✭

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

    :o

    If a nation expects to be ignorant and free, it expects what never was and never will be.---Thomas Jefferson, 3rd President of the United States of America, 1801-1809. Jefferson was the primary author of the Declaration of Independence.

  • mr1931Smr1931S Posts: 6,559 ✭✭✭✭✭

    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.

    If a nation expects to be ignorant and free, it expects what never was and never will be.---Thomas Jefferson, 3rd President of the United States of America, 1801-1809. Jefferson was the primary author of the Declaration of Independence.

  • MrEurekaMrEureka Posts: 24,507 ✭✭✭✭✭

    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.
  • EarlyUSEarlyUS Posts: 306 ✭✭✭

    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: 15,490 ✭✭✭✭✭

    @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.

  • SsimpohlSsimpohl Posts: 9 ✭

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

  • SsimpohlSsimpohl Posts: 9 ✭

    Here's a image

  • JBKJBK Posts: 16,717 ✭✭✭✭✭

    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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