How Much Are Steel Pennies Worth. This coin is most sought after by collectors and is most valuable in any grade. However, if you hold a magnet next to a steel penny, it sticks as it does to a refrigerator.
A copy found in certified mint state (ms+) condition could be worth $110,000 at auction. According to usa coin book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. The 1943 steel penny is a steel penny made only for o.
