You don’t see much steel coins now a days and this is what triggered me to blog it
This penny was made of Zinc coated steel and the reason being is due to a copper shortage during the critical war year 1943, where the Treasury used zinc coated steel to make cents.
Although no bronze cents were officially issued that year, a few specimen struck in error on bronze or silver planchets are know to exists.
Bronze for examples have sold for over $200,000 in recent years.
Through a similar error, a few 1944 cents were struck on steel planchets.
Beware the many regular steel cents of 1943 that were lated plated with copper, either as novelties or to deceive, a magnet will reveal their true nature.
(content belong to Kenneth Bressett from the book “A Guide Book of United States Coins 2017).