What is a 1984 steel penny worth?

Answer 1

There are no 1984 pennies made from steel -- they were made from a zinc core with a thin outer copper layer. So you have a penny that either is missing its copper layer (worth a couple dollars) or one that has been plated by somebody with zinc, silver, or some other similar colored metal (no collector value). If your penny was made of steel, it would stick to a magnet -- try it!

Answer 2

The only cents struck in steel were the 1943 wartime issues.

In the early 80s the price of copper increased significantly and by mid-1982 the Mint was forced to strike cents out of zinc and copper-plate them so they looked like the older coins. Perhaps that's what you're thinking of.

Anyway, the price of zinc has gone up too so now there is about 1.8 cents worth of zinc in each penny. The Mint has decided not to recall the coins, and it is now illegal for private speculators to melt them for their metal value.

Bottom line - despite its metal content, a cent is worth a cent.

Answer 3

One Dollar