That wasn't something done at the mint, rather the cent was likely plated with zinc or nickel. So it has little to no collector value. The US government has never struck a penny in silver.
It's face value, the coin is still in circulation. The coin is made from zinc not steel, 1943 was the only year the Lincoln cents were made of steel.
There has been talk of eliminating the US penny for many years. Before they switched from the bronze alloy penny to the copper clad zinc penny it cost about 3 cents to mint every penny. Even the copper clad zinc penny costs more than a penny to mint. Of all standard issue US coinage only the nickel (5¢) and the penny cost more than their face value to mint.
All pennies since 1983 are made almost entirely of zinc, covered with a thin coating of copper. Therefore, what you have is either a zinc penny that did not get its copper coating (worth abuot a dollar), or a normal penny that has been silver plated (no added value). You should be able to determine this by weight. A normal penny will weigh 2.5 grams. So if yours weighs less, then it's missing its copper coating. If it weighs more, then it's been silver plated.
2/11/2012 0.0065 pounds of copper 0.0003 pounds of zinc A roll of 50 pennies is valued at $1.27 when copper is at $3.8465 / lb and zinc at $0.9364 / lb (exact value is $1.2687707291403). $0.03 Hope that helps!
It's just a penny, spend it.
It's just a penny, spend it.
A 2000 zinc penny without the copper content is worth less than 1 cent. The value is based on the metal content, which is primarily zinc. Since zinc is worth significantly less than copper, the value of the penny is minimal.
They were not made out of lead. They were made out steel coated zinc.
A 1909 penny made of zinc is not a genuine U.S. coin. In 1909, the U.S. Mint produced Lincoln pennies in bronze. If you have a 1909 penny that looks like zinc, it may be a counterfeit or altered coin, which holds no significant numismatic value.
A zinc penny has a lower mass compared to a copper penny. This is because zinc is less dense than copper, so a zinc penny is lighter than a copper penny of the same size.
The only "silver" penny was minted in 1943 to support the war effort. Yours is probably zinc plated.
A modern penny contains 2.5% zinc by weight, while the rest is made up of copper.
zinc is 97.5% of the penny and copper is 2.5% of the penny
A penny contains 97.5% zinc. A nickel contains no zinc at all.
Penny
A 1946 zinc penny typically has a value of about 10 to 25 cents in circulated condition. If it's in uncirculated or mint condition, it may be worth slightly more to a collector.