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Article #286: The History of the 1943 Steel Cent

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From 1909 to 1942, the Lincoln Cent was a lighter alloy. It took some time to
composed of 95% copper and 5% tin and produce sufficient supplies of planchets
zinc. That all changed in 1943, as for and production commenced on February 23,
the first and only time, a coin was made 1943 at the Philadelphia Mint with the
out of steel, which was quite a Denver and San Francisco Mints beginning
contradiction from gold, silver, copper production the next month.
or bronze. On February 27th, the first delivery of
Even before the United States entered the cents was made to the Treasury and within
war, there were inklings that the cent, a few weeks, the steel cents were in
as well as the nickel were in trouble. circulation. Although the Treasury
The nickel was made out of 75% copper. Department assured the public that the
Copper was in huge demand due to its use coin, after being in circulation for a
by defense contractors in the while, would gain a distinct appearance,
manufacturing process of various supplies many people noticed the color resemblance
and equipment needed in case of the US of a dime. Complaints continued to pour
going to war. into the Treasury. For example, due to
After the attack on Pearl Harbor, the there magnetic property, many mechanical
rumors only grew and in January 1942, The devices treated the new cent as a slug.
Numismatic Scrapbook Magazine reported Back then, there were quite a few uses
that Treasury officials were giving for the cent and this was a big deal.
serious consideration to using different The new cent was so much hated by the
metal contents for some coins. The first public that the Treasury was moved to
step occurred on January 23rd, 1942, when issue them only when bronze-copper cents
the Treasury ordered the removal of all were not available. Still, demand for
but a trace of tin from the cent from the cents for business was so great, that the
already small amount that had been in public was forced to use them as that was
use. The existing supply of strips and what was available. In the fall of 1943,
planchets were used and it is speculated the Treasury announced that no steel
that cents produced in 1942 were produced cents would be produced after December
of both metal compositions. This small 31, 1943 and that the mint would produce
change was expected to save 100,000 cents from the pre-war alloy, but without
pounds of tin. tin. These cents, from 1944 through 1946
Throughout 1942, there were repeated were to be known as shell-case cents, as
attempts and pleas to the public to turn the metal generally came from spent
in their cents and nickels. Even with shell-casings. It was also announced that
these pleas, the shortages continued and there would be no recall of the steel
for the last six months of the year the cent.
mint scaled back production of cents and After the war, the Treasury did begin
nickels. During this time, experiments recalling steel cents for the next 20
were conducted with various metal years. Although not publicized, coins
compositions, fibers, plastics and even were to be returned to the treasury in
glass. the normal course of business. By 1950,
On December 18, 1942, Public Law 77-815 steel cents were becoming scarce and by
was enacted. This law called for the 1960, nearly non-existent. By this time,
melting of more silver dollars and for steel cents had deteriorated quite a bit.
the authorization of metal substitutes The Mint had coated the steel strips
for the one cent and five cent coins not before punching leaving the edge of the
to go beyond December 31st, 1946. The coin subject to rust and corrosion. Even
nickel had already seen its change though a recall was in effect, the Mints
utilizing more silver in its content. The own records indicate over 930 million
Treasury wasted no time and on December remained in circulation.
23, 1942, Treasury Secretary Henry By the end of 1943, the three Mint
Morgenthau, Jr. ordered that all cents facilities had produced 1,093,838,670 of
produced after January 1st 1943 be the one-cent coins. The copper released
comprised of low-carbon steel coated with for the war effort was enough to meet the
zinc. The zinc plating was to provide a combined needs of 2 cruisers, 2
thin coating to prevent rust and was to destroyers, 1,243 flying fortresses, 120
be no more than .001 inches thick. The field guns and 120 howitzers, or enough
same diameter of coin was maintained, but for 1.25 million shells for our big field
the weight was reduced from the standard guns.
48 grains to 42 grains, due to the use of






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