PCGS Secure AU-55 bronze 1943 Lincoln cent brings $329,000 in May 22 auction in Las Vegas

Wrong planchet error one of 13 examples known
By Paul Gilkes , Coin World
Published : 05/23/14
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A bronze 1943 Lincoln cent graded Professional Coin Grading Service Secure About Uncirculated 55 brought $329,000 in Legend Rare Coin Auctions’ May 22 sale in Las Vegas.

The coin was one of 487 lots of United States coins from half cents through gold $20 double eagles, plus commemorative coins and gold nuggets, offered. The sale was conducted in conjunction with the PCGS Members Only Show.

All of the coins in the sale were graded and encapsulated by either PCGS or Numismatic Guaranty Corp.

Of the lots offered, 355 were reported sold, bringing total prices realized of $1,647,201.48. The prices realized include the 17.5 percent buyer’s fee added to the closing hammer price of each lot won.

An unknown number of 1943 Lincoln cents were struck at the Philadelphia, Denver and San Francisco Mints on cent planchets, some remaining from 1942. The 1942 composition had been 95 percent copper, 3 percent zinc and 2 percent tin, and changed during the year to 95 percent copper, 5 percent zinc  — the latter the same composition restored in 1944.

According to a January 2011 census published in Coin World, 13 examples are known of the “standard” 1943 bronze cent, one for the 1943-D cent in bronze and seven examples of the 1943-S bronze cent. 

Prices for the coins are among the highest for any small cents. 

For more information about the sale, visit the Legend Rare Coin Auctions website

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