Condition: The condition of the coin is a key factor in determining its value. Coins in excellent condition, with sharp details and no damage, are more valuable than coins that are worn, damaged, or have been cleaned.
Rarity: The 1943 steel war penny is not particularly rare, but some varieties can be more valuable than others. For example, coins with certain die varieties or mint marks may be more sought-after by collectors and therefore command higher prices.
Market Demand: The market demand for 1943 steel war pennies can also influence their value. If there is a high demand for these coins, prices may be higher. Factors such as economic conditions, interest in coin collecting, and the release of new coins can affect market demand.
In general, a 1943 steel war penny in good condition can be worth anywhere from a few dollars to several tens of dollars. However, some rare and well-preserved examples may sell for even higher prices at auctions or specialized coin markets.