1. Condition: The condition of the coin is crucial in determining its value. A penny that is well-preserved, free from scratches, and has a clear design will be more valuable than a worn or damaged coin. Coins are graded on a scale that typically ranges from Poor (P) to Uncirculated (MS).
2. Mint Mark: Pennies minted in 1943 can have different mint marks that indicate the mint facility where they were produced. The mint marks are located on the reverse side of the coin, below the date. The following mint marks can be found on 1943 pennies:
- No mint mark: Philadelphia Mint
- D: Denver Mint
- S: San Francisco Mint
In general, pennies with a lower mintage or a specific mint mark can command a higher value. For example, 1943 pennies with the D (Denver) mint mark are rarer and more valuable than those minted in Philadelphia (no mint mark).
3. Type: There were two main types of pennies produced in 1943: the Steel Penny and the Copper-Plated Zinc Penny. The Steel Penny was introduced due to the shortage of copper during World War II. Steel pennies have a grayish color, while Copper-Plated Zinc pennies appear reddish-brown. Copper-Plated Zinc pennies are more common and less valuable than Steel pennies.
Based on these factors, the value of a 1943 one cent piece can range from a few cents for heavily worn and common Copper-Plated Zinc pennies to several dollars or even more for rare and well-preserved Steel pennies with a desirable mint mark. If you have a specific 1943 penny you want to know the value of, it is recommended to consult a reputable coin dealer or appraiser for an accurate valuation.