Copper was in short supply because it was needed for ammunitions purposes during the war. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Hello, Marcus - If you collect coins, you know about the 1943 steel Lincoln cent. Values, images, and specifications for 1944 penny coins from Australia. 2-1946 D Wheat pennies Whether you want to sell it, buy it, or simply find out more you need to be able to tell if its the real deal or not. Depending on its condition and mint mark, it could be worth anywhere between a few cents and several hundred dollars. Seven to ten 1944-D steel cents struck at the Denver Mint are thought to still exist, but only two 1944-S steel cents are known. 1-1935 S Wheat penny The official mintage for the 1922 small cent is 1,243,635 and they are tough to find. Experts estimate that possibly tens of thousands of these D/S error coins are in existence. 4-1957 D Wheat pennies Please peruse our Lincoln Wheat Penny info pages for more information on each of your coins. As always, the value of coins could depend on grade and condition. Face Value. First, the simple fact that more, Read More 5 Most Valuable Quarters After 1965 (Between $5000 And $10,000)Continue, Gunne Sax is a clothing label that marked the mid and late-20th century with its inspirational and, Read More How Much is a Gunne Sax Dress Worth? Where can upload the pictures? 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). If it's in extremely good condition (near mint) then maybe worth $1.00. 1802 Draped Bust Half Dollar. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. Coin Grading 101 Hello i have a 1944 no mint wheat penny and upon a closer look with magnifying glass it seems to have tiny holes on the back that are not noticeable with the eye. A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. Extremely fine. Worth; 1982 Lincoln Penny: $45: 2006 D Lincoln Penny: $35: 1975 D Lincoln Penny: $30: 2002 D Lincoln Penny: $30: 2002 Lincoln Penny: $27: 1968 S . Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. This coin sounds like something worth checking out, but it will need to be evaluated further before we can determine exactly what's going on with it. Hello, James -- In 1944, only 7 steel pennies are known to exist with the D mint mark. Basically in mint condition with only perhaps some natural discoloration, highest market value. 1943 Steel Penny Value (Worth A Million Dollars?). This video is all about the 1944 Penny. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. Thankfully, theres a very easy way to tell genuine 1943 copper pennies apart from those that were former 1948 pennies. Year. These pennies were made at the Denver Mint from a die that accidentally had an S mintmark (for San Francisco) punched into them. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. Fine. 1931-S Lincoln Cent. While it will probably always remain unknown precisely what caused the 1944 silverpenny, as some call it,what we do know is this the 1944 steel penny has just about as much interest swirling around it as does the 1943 copper cent, an error coin of the opposite kind. For this reason it is also known as the 1944 Lincoln penny. 10. All steel cents with the 1944 date have reported mintages of under 40. 2-1935 Wheat pennies Condition The condition of your 1944 penny is a major factor in determining its value. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. My love for coins began when I was 11 years old. The Lincoln penny is one of the only two dates that feature zinc-coated steel. I have 1944 steel one please check photos, at first, I thought it was from another coin, but at closer inspection, I noticed that the error is actually part of this coin. (Rare One Sold for $1,000+)Continue, First established in 1840, Haviland & Co. have been producing fine Limoges in France for almost 200, Read More 14 Most Valuable Haviland China Round-Up List (Sold For $14,000 In October 2021)Continue, Clocks are a miracle of engineering. That is a 70-30 alloy -- 70 percent copper and 30 percent zinc -- our equipment will not handle that.. Would you please try again, using a jpeg photo file under 2 MB? It is worth significantly more than its face value in any condition. A popular theory is that some steel coin blanks, or planchets, were left in the hoppers and accidentally distributed. Are there any scratches or nicks present on the surface of the coin? Additionally, the high demand for these coins due to their rarity has caused their value to increase substantially over the years. There are even some copper versions which may bear discoloration due to traces of gunpowder which was not removed during the metal refining process from when ammunition shells were melted down to make the coins. plz answer back as soon as possible. Beware of zinc-coated copper penny fakes! 1944 Lincoln Wheat Penny Value Guide. Here's more info on those: https://coinvalues.com/library/coin-slabbing-services Has any one seen a 1955 penny with 55 over 55 and has crack runs through the 55 and missing the word trust. Read More Most Expensive Catalytic Converters (Rare One Sold for $12,211.89)Continue, The nickel coin has been in use in the United States in the form of coins since, Read More Wooden Nickels Value: How Much Is A Wooden Nickel Worth?Continue, There is only one Monet, Picasso, and Leonardo da Vinci, and the same applies to all of, Read More The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? There are an estimated 20 to 30 surviving 1944 steel cents struck at the Philadelphia Mint, many in poor condition. Approximately 30 or so 1944 steel cents are thought to exist, with each sporting a price tag ranging from $75,000 to more than $375,000, based on grade. Their novelty can bump up the price of a 1944 wheat penny, so look out for these unusual error coins! Value: 1915 S Wheat Penny. You can also post a photo of this 1944 cent in our Forum: https://coinvalues.com/forum . For this reason it is also known as the 1944 Lincoln penny. There are perhaps only 20 or 30 1944 steel cents that were minted in Philadelphia, between 7 and 10 minted in Denver, and only 2 minted in San Francisco. 3) 1856 Flying Eagle Penny - $25,000. Other than the D/S wheat pennies, and the steel wheat pennies detailed above, there are a few other error pennies to look out for. Read more in our privacy policy. Meanwhile, many coin experts believe there are a few that have yet to be discovered. The 1944-S Steel Cent is an extremely rare off-metal striking created when a steel blank left over from 1943 was struck in the normal production run of 1944-S Bronze Cents," Ron Guth, President of Professional Coin Grading Serviceswrote. I have one 1944 penny. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The absolute top price one of these pennies has fetched at an auction was $115,000! You might have hit the jackpot if you happen to find a steel penny with a 1944 date. 1943 Steel Penny Value (Worth A Million Dollars? Whereas 1944 steel pennies, and those with fascinating errors are rare and elusive! https://imgur.com/zVfYfhZ However, if it is in uncirculated condition, it could be worth up to $7. To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. With these resources, you can make an informed decision as to the approximate value of your 1944 wheat penny. If both of your Lincoln steel cents are magnetic, then that is normal and they are worth 10 to 25 cents each in circulated condition. The penny was minted in the United States during World War II, which caused metal rationing in the US and elsewhere. These were pennies that were minted at the Denver Mint, but mistakenly stamped originally with an S mint mark for San Francisco. Source: USA CoinBook. During World War II, pennies were produced using steel with a zinc coating. I've never seen anything like this. Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. If you have a 1994 wheat penny in your possession or you would like to buy one to add to your collection, you first need to be able to positively identify this coin. The reason there are so many 1944 steel cents from the Philadelphia Mint is that 25 million leftover 1943 zinc-coated one-cent steel blanks were used in 1944 to make an emergency issue of 2-Franc coins for liberated Belgium. With World War II rationing already underway in 1942 to save metal and other necessary materials for the war effort, the U.S. Treasury had removed nickel from the five-cent coin for the nation's artillery needs. 1909-S VDB Lincoln Cent. With over 430 million 1944-D Wheat cents minted, it is estimated that tens of thousands of 1944-D/S error coins exist. Pawn Stars. The 1944 Wheat penny is a copper coin with no silver or tin content. If a pennie is all copper, then it is considered more valuable, as copper pennies tend to be worth more than pennies made with a copper and zinc mixture. However, some of the new copper was mixed in with steel blanks that were left over from production during the war. In December 1943 testimony before a House Appropriations Subcommittee[1], Assistant Director of the Mint Leland Howard said: The War Production Board has granted us sufficient virgin copper and shell casings to resume production of a copperhued cent on January 1., When we start producing the bronze coins -- and incidentally we have already started, as far as the production of blanks and ingots are concerned -- we will have to take the virgin copper, shell casings, and zinc-alloy them, melt them and pour them, roll the ingots into strips, and then blank the strips out; and all that cost will be borne by this appropriation, and it will eat into it at a rapid rate. It's estimated that there is only about 25 to 30 of these coins that exist, which makes it an extremely rare and valuable wheat penny! The only other penny which was crafted using zinc-coated steel is the 1943 Lincoln penny. The current value of a 1944 all copper penny is around $105 USD. However, luster still has a major influence on eye appeal. However, getting a 1944 steel cent authenticated requires several layers of diagnostic testing an is best done by a third-party coin grading company. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! For a 1943 copper penny that is in average condition, the value is around $60,000 $85,000. Its value ranges from 20 cents to 50 cents, but it could be worth way more than that, depending on its qualities. Im the Coin Editor here at TheFunTimesGuide. R they worth anything, Hi how are you. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. , would my coin worth something? The iconic portrait of Abraham Lincoln and the intriguing production story of this penny makes it one of the most famous pennies that every coin collection should hold. are these worth anything? Is a 1944 penny worth any money. I have found the 1944 s wheat coin. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. There are 2 variation of the 1944 penny, one made with a metal mixture of both copper and zinc, and the other all copper. There are some rare examples of 1944 steel wheat pennies out there. Another way to tell if the coin in genuine is to measure and weigh it. The error on a 1944 penny will depend on the specific coin in question. Generally speaking, the most commonly seen errors on a 1944 penny are die cracks, double dies, and off-centered strikes. 1872 Indian Head Penny. I have inherited a massive coin collection. As mentioned in the article above, an average circulated 1944 Lincoln wheat cent is generally worth 10 to 20 cents. Make sure you conduct thorough research so you know how to look out for fakes and the exact ID features of the coin you want. Did You Know? Above the portrait there is an inscription which says in god we trust. We would need to please see a photo of this coin to verify, so please post a topic in the forum. Any advice? For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. Pre-1955 wheat pennies minted in Denver and San Francisco are typically more difficult to come by in top condition due to the lower mintages of those issues. A list of pennies in the current pool of circulating United States currency. 1-1946 Wheat penny 1-1954 Wheat penny ), The 1982 Penny Value Chart (Most Valuable Penny Sold for $18,800), Most Valuable Antique and Vintage Vases: Identifying, Valuing and Buying (2023 Updated), A Detailed Outlook on the 2000 Sacagawea Dollar Value, Antique Floor Lamp: Identification, Valuation, And Buying Guide (2023 Updated), Good lowest market value, heavy damage, difficult to make out the lettering and patterns. For instance, a 1944-S Lincoln wheat cent graded MS67Rd, sold for $3,290 in 2016. 1969-S Lincoln Penny-Doubled Die Obverse. Her other hand rests on a shield bearing. Always make sure you are buying pennies from a reputable seller. A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. Good luck! A penny in good condition will remain bright and full of small details, while a penny that is less than good condition may be dull and lack detail. 50 to $25. 1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade. Hi, Jill! In later years it was rumoured that the anonymous buyer was in fact Bob Simpson, owner of some of the finest mint condition . penny from 1943.s 1944 1945.1919 some silver an so copper who or how . This will help you find out how you should price it, or whether you are paying the correct price for it. Using a sensitive mini scale is useful for accurate weighing. The 1944 Lincoln cent is one of the most common wheat pennies, which were minted from 1909 through 1958.. More than 2.1 billion 1944 pennies were struck at the Philadelphia, Denver, and San Francisco Mints combined and virtually all of these one-cent coins were made from copper.. 1944 Wheat Penny. The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. What is a 1944 penny worth? ), Most Valuable Antique and Vintage Vases: Identifying, Valuing and Buying (2023 Updated), A Detailed Outlook on the 2000 Sacagawea Dollar Value, Antique Floor Lamp: Identification, Valuation, And Buying Guide (2023 Updated), Good lowest market value, heavy damage, difficult to make out the lettering and patterns. Also, steel cents are by their very metallic nature magnetic, so a 1944 penny that appears to be silvery in color should be tested with a magnet to ensure that it is indeed the real deal. Its pretty neat. Hence, when searching for this edition you may find it called the 1944 steel Lincoln penny instead. 1955 Doubled Die . If you buy thru these links, we may earn a commission at no additional cost to you. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Would you please post a photo of your 1944-S penny here? Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. Usually reputable sellers include very detailed information and several photographs in the coin listing. Answer (1 of 7): There are two basic kinds of 1944 penny: those made from steel, and those made from copper. How can I get ten 1944 Steel pennies authenticated for insurance? Roger W. Burdette was perhaps the foremost numismatic historian of our era. Theyre worth far more than the famous 1909-S VDB penny the rarest regular-issue Lincoln cent: Of course, when a penny is worth more than $85,000, youd expect a few counterfeit examples to be floating around out there. There are some very rare ones which were combined with steel (more details in our other article covering the 1944 steel wheat penny in detail!). With 1944 steel cents, its easy for an unscrupulous person to simply tinker with the last digit of the date on a typical 1943 steel cent, even scraping away the 3 and implanting a zinc-coated 4 removed from a 1944 copper cent. It is believed that only 30 of these 1944 steel pennies are in existence. The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. They will use a series of diagnostic factors and tests to determine if your 1944 steel penny or 1943 copper cent are real. Composition: 95% copper, 5% zinc. Otherwise you can get your coin authenticated by a Third Party Grader such as the PCGS (Professional Coin Grading Service). As always, the value of coins could depend on grade and condition. 2-1950 D Wheat pennies A number of 1944 Wheat cents were struck on dime blanks! Fine. These in particular are noted for their increased eye appeal. Depending on the design, some 1944 pennies can be more valuable than others. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). No, a 1943 copper penny is not worth $1000000. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Again, some counterstamped coins are actually worth more because they are collectible as what some might call "exonumia" coins (altered, coin or coin-like items), but generally only if we can determine the origin of the stamp, which came from a private individual or company outside of the Mint. Uncirculated specimens can be bought for around $5 each. In that respect, production of 1942 Lincoln Wheat Penny . To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 1958 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1958 1943-P Lincoln Wheat Cent Penny: Bronze/Copper. Close-up of the overpunched mint mark on a 1944-D/S RD (PCGS Coinfacts). Undistributed copies can be purchased for approximately $5 each. Required fields are marked *. The Denver mint struck 430,578,000 coins with the "D" mint mark. Wheat pennies from the mid-1940s differ from most other wheat cents. 1-1970 D The 1944 Wheat penny is a copper coin with no silver or tin content. Also look out for valid certification in the listing from Third Party Graders like the PGCS. i have a one cent abrahan lincon 1944s copper is there a value for it? 1944. I'm afraid the photo did not upload correctly. However, people complained that these pennies were not strong enough to use as regular currency because they eroded quickly. Your email address will not be published. 1924 D Wheat Penny. The grading scale only goes up to 70, meaning a 66 is very high. The famous 1944 wheat penny, also called the 1944 Lincoln penny, was designed by Victor David Brenner. The average value of the 1944 steel wheat penny is between 10 and 20 cents, depending on the condition of the coin. What happens if you dont get your period with PCOS. $77,000-$100,000. I have a 1944 penny with the A semi missing. The most valuable 1944 wheat penny may also have a tripling of letters (usually S/S/S) which indicates the coin has been struck an additional time. It's because of a low rarity level. More than 2 billion wheat pennies were made in 1944, but that doesnt mean that there arent important 1944 Lincoln cents that are worth a lot of money. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Continue with Recommended Cookies. I have a 1944 penny with a number 8 underneath it. Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-leader-3','ezslot_22',165,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-leader-3-0');A 1944 penny with an S mint mark (indicating it was minted in San Francisco) can be worth up to $20 or more in uncirculated condition. However, 1944 Lincoln cents have generally become quite common, and can be worth around $10-$20 on most banknotes in circulation. Save my name, email, and website in this browser for the next time I comment. It is one of the famous Lincoln coins, and can fetch a high price at auction depending on the version you have. A 1944 no mint Wheat Penny in uncirculated condition can be worth around $50 to $200 or more. The 1944-D Wheat Penny is also quite valuable, worth up to $85 for a circulated coin and up to $1,500 for an uncirculated coin. Hello, I came across this 1944 Penny thats listed I was just wondering the value of it. Off-centered strikes create a lopsided appearance, where the head of Lincoln or other part of the design is not centered in the coin, and one side is larger than the other. Stay up to date with everything about U.S Coins, We dont spam! It should weigh 2.7 grams. In fact, the very valuable "twin" to the rare 1943 copper cent was born in 1944. He'll likely end up with a good chunk of dough in free agency, but it's hard to believe . What penny coins are worth money? If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. Here's how to tell 1944 Penny Facts. Here, other coin enthusiasts can help you out with their expertise and advice. It wouldnt be relatively difficult to remove the left side of the 8 on the 1948 Lincoln cent, which is why many counterfeit 1943 copper pennies are actually 1948 one-cent coins. Die cracks can cause parts of the design, lettering, and date to be missing on the surface of the coin. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. Are there signs of wearing where the words and images have been rubbed away? How can I find out or where do I have to look at her a website or whatever to see if this penny is even worth any money? 1944 Steel Lincoln Cent. Some other things you can try include using a metal detector in known areas for buried treasure and by stopping by your local bank branch and asking for a wrapper of pennies. Thank you In AU graduations the price range is between $5,875 and $34,500. Above the portrait there is an inscription which says in god we trust. You can read learn about coin grading in these two articles and then find a reputable dealer near you: These zinc-coated steel Wheat cents were a stop-gap measure to keep the US economy from seizing up while the Mint looked for alternatives. In circulated condition, it is generally worth around 10 to 15 cents. All of these errors can affect the value of the 1944 penny, and a coin collector can examine the coin and provide an estimate of the value based on specific errors, grading, and condition. But some may not be aware of the steel penny and what it could be worth. This is why it is classed as one of the 1944 wheat error pennies. I have several well many pennies. [1] Hearings Before the Subcommittee of the Committee on Appropriations House of Representatives Seventy-Eighth Congress Second Session On The Treasury Department Appropriation Bill for 1945 pp. $0.20. There were five distinct, Read More Analyzing the 2020 Bat Quarter Value: A Comprehensive GuideContinue, Part of the allure that United States currencies bear (especially here in the states) comes from the, Read More Kennedy Half Dollar Value Chart (1964, 1966, 1967, 1968, 1970, 1971, 1972)Continue, The $20 bill has been around since the early 1800s, with its design changing several times over, Read More 5 Most Valuable $20 Bills (Rare One Sold For $411,250)Continue, Your email address will not be published. As a result, only a limited number of coins were made with a limited amount of metal. 1-1941 D Wheat penny 1944 LIBERTY WHEAT PENNIES Different varieties of the 1944 penny were produced at different mints, and some were made in lower quantities than others. Imaged by Heritage Auctions, HA.com. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. In general, wheat pennies minted before 1959 can be worth anywhere from a few cents to several hundred dollars depending on condition, rarity and overall desirability. Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. The S was buffed out and replaced with a D mint mark for Denver. 1944 Lincoln cents are generally, even so, widely available, and can be purchased for between 10 and 20 cents in the most common class. Are you concerned the precious metals train has left the station without you. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. You can use the upload button below the text form, but it's better to post in our forum: https://coinvalues.com/forum, I have a 1920 1922 1942 1944 1946 1958 wheat pennies can you please tell me they're worth. Josh @ CoinValues. If the penny does not have a mintmark then it was minted in Philly. Keep in mind that many 1944 copper cents are still circulating and can be had at face value if luck strikes searching rolls may improve your odds of finding 1944 Lincoln Wheat Penny coins without having to utilize the services of a coin dealer. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. 1944 marked the return of copper to the Lincoln Wheat Penny coins, though the denomination wasn't struck with exactly the same composition as in 1942. The 1922 penny, which does not have a D (Denver mint) mint mark, is the result of a flaw in the mints process that caused the D to be missing. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'remodelormove_com-large-leaderboard-2','ezslot_15',158,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-large-leaderboard-2-0'); Specific Rarity You also need to consider the specific rarity of your 1944 penny. Hi. 1944 wheat penny As of 2020, a 1944 steel penny can sell for upwards of $75,000 depending on its condition. Thank you so much, Hi, Elizabeth -- if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'remodelormove_com-leader-4','ezslot_23',166,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-leader-4-0');The wheat pennies that are the rarest are the 1909-S VDB, 1914-D, 1922 (no D), 1924-D, 1931-S, and 1943-S. Most coin dealers will only pay a few dollars for them. In a recent auction, a 1944 Penny Sold for $373,000. 4) 1873 Indian Head . Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly.
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