Steel Wheat Pennies - 51 CoinsSteel Wheat Pennies - 51 Coins

Steel Wheat Pennies - 51 Coins

Lot 026

Listing Type:
This item is For Sale - Buy It Now
Quantity:
1  available for sale
Buy It Now For:
$20.00

Shipping:
$4.50    USPS Priority Mail (2 to 3 business days) - (more details)
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Certified by:
Raw / Unspecified
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Item Description

USA Coin Book Item ID Number:
660602
Certified By:
Raw / Unspecified

LOT OF 51 COINS - A ROLL PLUS ONE

In 1941, the United States of America joined forces with the Allies in the fight against the Axis in what came to be known as World War II. One of the country's efforts during the war was to prioritize the use of copper in favor of military equipment, such as ammunition. That caused a shortage of metal in different sectors of the industry at the time. That includes the coin production in the US Mint.

Unable to use copper in various coin denominations (which included the Lincoln Cent and the Jefferson Nickel), Congress prompted the Mint to search for a substitute (yet temporary) for copper. Different metals and other materials, including plastic, were considered and tested. Ultimately, Congress approved a composition of 99% steel and a thin layer of zinc coating.

The coin was minted in the Philadelphia, Denver, and San Francisco Mints. Only the ones minted in San Francisco and in the Denver Mint bear a mintmark.

The alloy resulted in a coin very visually different from its previous issues in terms of coloration. Being mostly made out of steel, with a thin zinc plating, the penny turned out to be shiny as silver. Many started calling it "the silver penny" because of that. And many people not really involved with the numismatic community actually thought it was made with silver.

The steel Lincoln Cent was not a big hit, though. People didn't like the fact that it resembled a nickel and would often mistake one for another. Also, as the zinc coating would wear off, it revealed the steel core. With time and exposure to the moisture from sweaty palms, the coins would corrode badly.

Payment and Shipping Details

Seller Location: Georgia, United States
Seller IP Address: United States - United States

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