The coin was released during World War II as a result of a shortage of copper. The 1943 wheat penny is made of steel with a coating of zinc and is considered to be very rare. In fact, only about 40,000 were ever made! The coin gets its name from the fact that the reverse (tails side) features an image of wheat stalks of 100% steel plated with zinc.
They are 19mm in diameter, weigh 2.7 grams, and have a plain edge. Aren't often found in circulation any longerIf you have a silver colored penny, it is not really made of silver, but rather from steel. You may have heard them referred to as silver pennies, but that comes from their color rather than from the metal they were made from. The 1943 steel pennies are the only regular-issue United States coin made that can be picked up with a magnet and the only coin made that doesn't contain any copper.