A special version of the
United States penny coin manufactured from
zinc-plated
steel, rather than
copper, during
World War II in
1943. The steel penny's introduction was part of an effort to save 10,000,000 pounds of copper for the production of
ammunition and other military equipment vital to the war effort. The coin became a quick target for collectors due to its rarity.
Several 1944 pennies were inadvertently struck on the steel planchets, and fetch several hundred dollars apiece.