1943 usa 1 cent
TLDRIn this video, the presenter introduces the 1943 U.S. one-cent coin, highlighting its historical significance during World War II and the unusual materials used. The coin, designed by Victor David Brenner, was made of zinc-coated steel and featured a unique composition with a small percentage of silver. The video discusses the varying conditions and values of these coins, with some selling for high prices at auctions. The presenter also shares their own collection of three different colored steel cents, emphasizing their high quality and potential value, and promises to update viewers on the grading results.
Takeaways
- 🪙 The video discusses the 1943 U.S. one-cent coin, specifically the steel cent variety.
- 🏆 The 1943 steel cent is highly sought after by collectors, with some selling at high prices in auctions.
- 💰 A 1943 steel cent in AU-58 condition sold for an astonishing $218,500 in a 2010 Heritage auction.
- 📈 The value of these coins has increased over time, with a MS-68+ selling for $33,600 in 2020 and a MS-68 for $72,200 in 2022.
- 🔍 The 1943 steel cents were experimental and were not supposed to contain copper, but some did.
- 🌐 The coins discussed were all minted in Philadelphia, as indicated by the lack of a mint mark.
- 📊 The standard weight for a 1943 steel cent is 2.7 grams, but the coins in the video weigh 2.8 grams.
- 🎨 The video presents three different colored steel cents - a dark brown, a silver, and a grayish version.
- 👀 The coin's condition is crucial for its value, with high-grade coins commanding higher prices.
- 🌟 The 1943 steel cent is unique due to its historical context, being made during World War II to conserve metals for the war effort.
- 🎁 The video creator plans to have these coins graded and will share the results in a future video.
Q & A
What is the main coin discussed in the video?
-The main coin discussed in the video is the 1943 one cent coin from the United States, specifically the steel cent variety.
Why were steel cents produced in 1943?
-Steel cents were produced in 1943 to save copper for the war effort during World War II.
What is the designer of the 1943 steel cent?
-The designer of the 1943 steel cent is Victor David Brenner.
What is the diameter of the 1943 one cent coin?
-The diameter of the 1943 one cent coin is 19 millimeters.
What is the metal composition of the 1943 steel cent?
-The metal composition of the 1943 steel cent is 91.7% copper, 7.5% zinc, and 0.8% silver.
What was the highest sale price for a 1943 steel cent in the video's mentioned auction history?
-The highest sale price mentioned is $218,500 for a coin graded AU 58 in a 2010 Heritage auction.
What are the weights of the experimental 1943 steel cents?
-The experimental 1943 steel cents have a weight of 3.08 grams.
Why do the 1944 steel cents have value if the steel cents were only supposed to be produced in 1943?
-The 1944 steel cents are valuable because they were not supposed to be produced, making them rare and collectible.
What is the significance of the coin's color variation in the video?
-The color variation indicates different possible minting errors or aging processes, which can affect the coin's rarity and value.
What is the expected value of a 1943 steel cent in mint state 67?
-A 1943 steel cent in mint state 67 is expected to be worth $200.
What coin will be discussed in the next video after the 1,000 subscriber giveaway?
-The next video after the 1,000 subscriber giveaway will discuss the 1871 cent coin from Prince Edward Island.
Outlines
🪙 Introduction to the 1943 U.S. One Cent Coin
The video begins with an introduction to the 1943 one cent coin from the United States, specifically focusing on the high-end versions of the coin. The host highlights the unique characteristics of the 1943 steel cent, including its brown appearance and the fact that all three coins discussed in the video are from the Philadelphia mint. The designer of the coin, Victor David Brenner, and the metal composition, zinc-coated steel, are mentioned. The video also delves into the coin's specifications, such as its diameter and weight, and the existence of experimental versions with a different metal concentration including silver. The host expresses astonishment at the high sale price of a 1943 steel cent in a 2010 Heritage auction, and provides a breakdown of the coin's value based on its grading and condition.
🌐 Historical Context and Variations of the 1943 Steel Cent
The second paragraph discusses the historical context of the 1943 steel cent, which was produced for one year during World War II to conserve copper. The host explains that while the coin was supposed to be made of steel, some were made with copper and are highly valuable. The video also covers the existence of 1944 steel cents and 1943 copper cents, which are rare and valuable. The host then moves on to describe the group of coins, noting the differences in color and weight, and the magnetic properties of the steel cents. The focus shifts to the detailed examination of the silver version of the coin, highlighting its high definition and condition, despite some fingerprints.
🔍 Close Examination of the 1943 Steel Cent Varieties
In this paragraph, the host continues the examination of the 1943 steel cents, focusing on the dark, silver, and brown versions. Each coin's obverse and reverse sides are discussed, with attention to the detail and condition of the coins. The host notes the off-center hit of one coin and the potential toning of another. The video emphasizes the excellent condition of the coins, the high detail, and the unique color variations. The host also mentions the sets from which the coins came and expresses anticipation for their grading results.
🚀 Upcoming Giveaway and Final Thoughts on the 1943 Steel Cent
The video concludes with a teaser for the next video, which will feature a 1,000 subscriber giveaway. The host then returns to the 1943 steel cent, reiterating its historical significance and the rarity of the different variations. The host encourages viewers to like and subscribe for more content and ends with a reminder to be safe and enjoy the coin search journey.
Mindmap
Keywords
💡1943 one cent coin
💡Victor David Brenner
💡Zinc-coated steel
💡Experimental coins
💡Heritage auction
💡Mint State
💡Copper and steel cents
💡Philadelphia mint
💡Toning
💡Grading
💡1,000 subscriber giveaway
Highlights
Introduction of the 1943 one cent coin from the United States.
Discussion of the 1943 steel cents, including the 1943 S and 1943 D versions.
Mention of the high-end quality of the coins being discussed, which are ungraded and relatively unknown.
Description of the 1943 steel cent's designer, Victor David Brenner.
Explanation of the metal composition of the 1943 one cent coin, which was zinc-coated steel.
Information on the experimental 1943 steel cents with a different weight and metal concentration, including a small percentage of silver.
Remarkable sale of a 1943 steel cent in a 2010 Heritage auction for $218,500 despite being ungraded as AU.
Recent sales and values of the 1943 steel cent in different mint states, with significant increases over the years.
Historical context of the 1943 steel cent's production during World War II to save copper for the war effort.
Existence of 1944 steel cents and 1943 copper cents, which are rare and valuable.
Presentation of the three different 1943 steel cents, each with unique characteristics and colors.
Detail on the weight discrepancy of the coins, being slightly heavier than expected but within the tolerance of different mints.
Discussion of the condition and luster of the silver version of the 1943 steel cent.
Observation of the brownish version of the 1943 steel cent, which closely resembles a copper one cent.
Anticipation for the grading results of these coins and the potential impact on their value.
Announcement of a future video about a 1,000 subscriber giveaway and the next coin to be featured, the 1871 cent coin from Prince Edward Island.
Transcripts
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