NGC Certifies Previously Unaccounted 1943-S Bronze Cent
Posted on 8/4/2008
A previously unrecorded 1943-S Lincoln cent, erroneously struck on a bronze planchet and found in circulation by a teenaged collector more than half a century ago, was recently certified as AU 53 by Numismatic Guaranty Corporation. It had been acquired from the collector’s heirs by Rare Coin Wholesalers of Dana Point, California.
“The coin was found in 1944 by Kenneth S. Wing Jr. of Long Beach, California, who was assembling a set of Lincoln cents at the time,” said Steven L. Contursi, President of Rare Coin Wholesalers. Wing became a prominent southern California architect who codesigned the Long Beach Arena in the late 1950s. He passed away in 1996.
“My father was an avid penny collector. His parents would get him rolls of pennies from the bank every few weeks, and he'd search through them. He found the 1943 (bronze) penny in Long Beach in 1944 when he was 14 years old, but I'm not sure if it was from pocket change or from a roll (of circulating cents) from the bank. He took it to a local dealer who offered him $500 for it, but my father said it wasn't for sale.“
“The 1943 bronze Lincoln cent really transcends a wrong planchet error. Today, it’s widely considered to be a classic 20th-century rarity, more kin to a transitional type, and now is collected as part of the regular series by devoted Lincoln cent enthusiasts, “commented Dave Camire, President of Numismatic Conservation Services(NCS) and a mint error consultant to NGC. “This piece is particularly important because it’s from San Francisco, a scarcer mint for the issue compared to better-known Philadelphia Mint specimens. This coin is also a recent discovery to the numismatic community,” Camire stated.
Common zinc-coated steel cents will stick to a magnet but the handful of known 1943-dated Lincoln cents mistakenly struck in bronze (in this case, an alloy of 95 percent copper and 5 percent tin and zinc) will not. The zinc-coated steel metallic composition was used in 1943 to conserve copper needed for U.S. efforts in World War II.
Accompanying the coin was an interesting file of correspondence dating back to 1946, as he tried to verify the coin's authenticity. In a letter to Wing dated August 20, 1946, Acting Director of the Mint Leland Howard wrote: “In reference to your letter of August 11, there were no copper cents struck during the calendar year 1943 at any of the coinage Mints. Only the zinc coated steel cent was struck during that year.” Today, though, the hobby is aware of more than a dozen 1943 bronze cents with at least one example known from each of the Mints producing Lincoln cents that year: Philadelphia, Denver and San Francisco.
Wing also wrote to Encino, California, dealer Kosoff on October 3, 1958: “In 1948, on a trip to San Francisco, it (the coin) was shown to the Director of the mint and his ‘private’ opinion was that of authenticity. In 1957, my father was in Washington, DC, (sic) he attempted to have the Treasury Department examine it, however, they refused and referred him to the Smithsonian Institution.”
In his response dated October 8, 1958, Kosoff replied: “It would be of prime importance to determine, beyond any doubt, that your 1943-S cent is a genuine one. This would require a number of tests and the outlay of considerable cash.”
Additional correspondence regarding the coin's journey to Washington with Wing's father is a June 18, 1957, letter from V. Clain-Stefanelli, Curator of the Division of Numismatics at the Smithsonian, in which he wrote: “The authenticity of this piece is in my opinion beyond doubt. In fact, as you certainly recall, Mr. Mendel L. Peterson, Acting Head Curator of the Department of History, fully concurred in this opinion.”
Contursi said his recently-acquired 1943 bronze Lincoln cent is quite special for him. “It’s delightful and amazing there are still examples of great numismatic rarities to be ‘discovered’ and reported to the hobby. This is the first 1943 ‘copper penny’ I've ever owned!”
This article includes significant contributions from a news release from Rare Coin Wholesalers, www.rcw1.com.