The Wartime Steel Cents set contains one steel cent issued by each mint--Philadelphia, Denver and San Francisco. These steel pennies were selected as the finest from our collection--VF to AU. They were hand polished to a lustrous shine and are presented in a Harris Frosty snaplock case. Case measures 2 1/2" x 3 1/2" with a colorful commemorative insert.
Own a piece of history.
During World War II copper was in high demand by defense contractors in the manufacture of war supplies. In 1943, for the first and only time, the Lincoln penny was minted from steel with a thin coating of zinc. Circulation of the steel cent resulted in many complaints being received by the U.S. Treasury. Some complained about its resemblance to a dime. In addition, due to its magnetic properties, many mechanical devices mistakenly identified the steel cent as a slug. In fall 1943 the Treasury announced that no steel cents would be minted after December 31, 1943. In 1944, production of the copper penny was resumed. After the war, the Treasury recalled steel cents over the next 20 years, making steel cents scarce. Although scorned by the public, the 1943 minting of pennies from steel successfully saved enough copper for the war supplies.
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