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<p>[QUOTE=&quot;tiag12, post: 868573, member: 18113&quot;]Earlier I had asked if anyone knew about the history of the steel pennies we have in and out of circulation; this is what I found out.</p><p>&nbsp;</p><p><br /></p><p style="text-align: left"><font size="4"><span style="color: #810081"><b><a href="http://www.e-coins.tv/index.php?q=1943&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.e-coins.tv/index.php?q=1943&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" rel="nofollow">1943</a></b></span></font><i>[SIZE=+2] - [/SIZE]</i>Production of this wartime cent was provided for in the Act approved December 12, 1942, which also set as the expiration date of the authority December 18, 1946. Low grade carbon steel formed the base, to which a zinc coating .005 inches thick was deposited on each side electrolytically as a rust preventative. The same size was maintained but the weight was reduced from the standard 48 grains to 42 grains, due to the use of a lighter alloy. Operations commenced February 27, 1943, and by December 31st of that year the three Mints then functioning had put out an almost record breaking number of cents, with the total reaching 1,093,838,670 pieces. The copper released was enough to meet the combined needs of two cruisers, two destroyers, 1242 flying fortresses, 120 field guns and 120 howitzers; or enough for one and one-quarter million shells for our big field guns.</p> <p style="text-align: left"><br /></p> <p style="text-align: left">On January 1, 1944, the Mints were able to adopt a modified alloy, the supply being derived from expended shell casings which when melted furnished the composition similar to the original but with only faint trace of tin, the 6 grains dropped from the total weight was restored. </p> <p style="text-align: left"><font size="4"><span style="color: #0000ff"><b><a href="http://www.e-coins.tv/index.php?q=1945&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.e-coins.tv/index.php?q=1945&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" rel="nofollow">1945</a></b></span></font><i>[SIZE=+2] - [/SIZE]</i><a href="http://www.e-coins.tv/index.php?q=1945&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.e-coins.tv/index.php?q=1945&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" rel="nofollow"><span style="color: #0000ff">1945 cents</span></a> are bronze, some were made of bullet cartridges and are slightly off color but have very little extra value.</p> <p style="text-align: left"><font size="4"><b>The Value of <a href="http://www.e-coins.tv/index.php?q=1943&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.e-coins.tv/index.php?q=1943&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" rel="nofollow"><span style="color: #810081">1943 Steel Cents</span></a>:</b></font></p> <p style="text-align: left">Nowadays, while these coins are an interesting change from the brown cents that we commonly see, none of the <a href="http://www.e-coins.tv/index.php?q=1943&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.e-coins.tv/index.php?q=1943&amp;catid=11633&amp;srchdesc=&amp;sort=3&amp;fsoo=1" rel="nofollow"><span style="color: #810081">1943 Steel Cents</span></a> are considered rare. Values for all three varieties in average circulated condition is not more than 10-20 cents, at most. In uncirculated conditions, such as might be found on a coin fresh out of a bank roll, the coins have a value of 10 to 20 dollars. Near perfect specimens (MS-66 and up) will have a value from 30 to 70 dollars.</p><p>[/QUOTE]</p><p><br /></p>

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