The History of the 1943 Steel Cent

909 to 1942, the Lincoln Cent was composed ofsome time to produce sufficient supplies of planchets
95% copper and 5% tin and zinc. That all changed inand production commenced on February 23, 1943 at
1943, as for the first and only time, a coin was madethe Philadelphia Mint with the Denver and San
out of steel, which was quite a contradiction fromFrancisco Mints beginning production the next month.
gold, silver, copper or bronze.On February 27th, the first delivery of cents was
Even before the United States entered the war,made to the Treasury and within a few weeks, the
there were inklings that the cent, as well as thesteel cents were in circulation. Although the Treasury
nickel were in trouble. The nickel was made out ofDepartment assured the public that the coin, after
75% copper. Copper was in huge demand due to itsbeing in circulation for a while, would gain a distinct
use by defense contractors in the manufacturingappearance, many people noticed the color
process of various supplies and equipment needed inresemblance of a dime. Complaints continued to pour
case of the US going to war.into the Treasury. For example, due to there
After the attack on Pearl Harbor, the rumors onlymagnetic property, many mechanical devices treated
grew and in January 1942, The Numismaticthe new cent as a slug. Back then, there were quite
Scrapbook Magazine reported that Treasury officialsa few uses for the cent and this was a big deal.
were giving serious consideration to using differentThe new cent was so much hated by the public that
metal contents for some coins. The first stepthe Treasury was moved to issue them only when
occurred on January 23rd, 1942, when the Treasurybronze-copper cents were not available. Still, demand
ordered the removal of all but a trace of tin fromfor cents for business was so great, that the public
the cent from the already small amount that hadwas forced to use them as that was what was
been in use. The existing supply of strips andavailable. In the fall of 1943, the Treasury announced
planchets were used and it is speculated that centsthat no steel cents would be produced after
produced in 1942 were produced of both metalDecember 31, 1943 and that the mint would produce
compositions. This small change was expected tocents from the pre-war alloy, but without tin. These
save 100,000 pounds of tin.cents, from 1944 through 1946 were to be known
Throughout 1942, there were repeated attempts andas shell-case cents, as the metal generally came from
pleas to the public to turn in their cents and nickels.spent shell-casings. It was also announced that there
Even with these pleas, the shortages continued andwould be no recall of the steel cent.
for the last six months of the year the mint scaledAfter the war, the Treasury did begin recalling steel
back production of cents and nickels. During this time,cents for the next 20 years. Although not publicized,
experiments were conducted with various metalcoins were to be returned to the treasury in the
compositions, fibers, plastics and even glass.normal course of business. By 1950, steel cents were
On December 18, 1942, Public Law 77-815 wasbecoming scarce and by 1960, nearly non-existent. By
enacted. This law called for the melting of more silverthis time, steel cents had deteriorated quite a bit.
dollars and for the authorization of metal substitutesThe Mint had coated the steel strips before punching
for the one cent and five cent coins not to goleaving the edge of the coin subject to rust and
beyond December 31st, 1946. The nickel had alreadycorrosion. Even though a recall was in effect, the
seen its change utilizing more silver in its content. TheMints own records indicate over 930 million remained
Treasury wasted no time and on December 23,in circulation.
1942, Treasury Secretary Henry Morgenthau, Jr.By the end of 1943, the three Mint facilities had
ordered that all cents produced after January 1stproduced 1,093,838,670 of the one-cent coins. The
1943 be comprised of low-carbon steel coated withcopper released for the war effort was enough to
zinc. The zinc plating was to provide a thin coating tomeet the combined needs of 2 cruisers, 2
prevent rust and was to be no more than .001 inchesdestroyers, 1,243 flying fortresses, 120 field guns and
thick. The same diameter of coin was maintained, but120 howitzers, or enough for 1.25 million shells for our
the weight was reduced from the standard 48 grainsbig field guns.
to 42 grains, due to the use of a lighter alloy. It took