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Hi, George -- A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. The only other penny which was crafted using zinc-coated steel is the 1943 Lincoln penny. Thank you so much, One of the most valuable pennies ever minted was the rare 1944 S Steel Wheat and they have sold for over 100,000 in the past. It's because of a low rarity level. Josh. Thank you. A badly damaged and worn coin is lower quality and will lower the value. Imaged by Heritage Auctions, HA.com. Technically, the lack of tin meant that these coins were made of brass, not bronze. 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. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. 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. Rare Pennies. A long-term spike in tin prices forced the US Mint to make Lincoln cents with just copper and zinc again from 1962 to 1982. Copper and bronze were being used in the manufacture of ammunition during World War II, so a cheaper and more readily available material steel was substituted. 1944 Lincoln Wheat cent. Wheat pennies from the mid-1940s differ from most other wheat cents. These in particular are noted for their increased eye appeal. The accidental S marks were buffed over and replaced with a D, but the traces of the top of the S can still be seen if you look closely. The 1944 steel penny is an incredibly valuable and rare coin that is worth a substantial amount of money. Traces of the S can still be seen above the top edge of the D mint mark. Here, well list the average prices the 1944 steel wheat penny currently fetches from cheapest to most expensive. https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&_nc_oc=AQn4yMdkynE8XmWiG8QosFszb-OnJJJf0xD6uAs_mba5KtGhslRjvfxOT4mQQ2zztnU&_nc_ht=scontent-iad3-1.xx&oh=b4a5f6a6aca7e05794bc9c949f2cddb2&oe=5DB1DF2B Please refer to the other articles for info on values for your other coins: 1922 1-Cent. Sutton not only enjoyed the best year of his career, but he also arguably played like a top-10 cornerback. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Her other hand rests on a shield bearing. 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. 1.1944 Steel Wheat Penny. The 1943 copper cent with approximately 20 to 40 made and some 12 known to exist today, this coin can command a price of around $150,000 to $200,000. The first thing youll want to do is check places in your home or any places you may store change. These United States one cents coins all sold at auction for record prices, however the most valuable Lincoln cents were sold privately to an anonymous buyer from United States in 2010 and 2018.. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. In this mint, 991,655,000 coins were minted. $115,000! All steel cents with the 1944 date have reported mintages of under 40. The other one is the1943 Lincoln steel penny which is much more common. Like it wasnt stamped properly. If the penny is moved by a magnet, it has steel content, if not it is copper. These can make megabucks, fetching over $1.11 million when in top condition! What is a 1944 penny worth? I have several pictures but no way to upload. 2-1958 D Wheat penny (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. Unlike Lincoln cents made from 1909 to 1942, which are 95 percent . This change in composition created a unique looking coin that has since become very popular with collectors. The rarest 1944 penny is the Lincoln mint mark of the Philadelphia Mint (no mint mark on the reverse side). 2-1944 D Wheat pennies We would need to please see a photo of this coin to verify, so please post a topic in the forum. combined heraldic crosses of UK members. Also look out for valid certification in the listing from Third Party Graders like the PGCS. Hello Lacking a mint marking, as it was never meant to be released for circulation, the 1944 Steel Wheat Penny will set a buyer back $77,234 to $110,334, depending on the coins . 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. The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. You will find the approximate value of your 1943-D cent here: https://coinvalues.com/wheat-pennies/1943 Hi. 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. The 1944 steel wheat pennies are a combination of leftover steel and copper. 1969-S Lincoln Penny-Doubled Die Obverse. Extremely fine . Phil, it would be helpful if you uploaded an image(s) of the penny. Generally speaking, the most commonly seen errors on a 1944 penny are die cracks, double dies, and off-centered strikes. Thanks in advance, You would have to take them to a licensed coin grader for them to be appraised, and very possibly, slabbed for insurance purposes. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! 1909-S "VDB" Lincoln Wheat cent. 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. Hence, when searching for this edition you may find it called the 1944 steel Lincoln penny instead. 1944. Extremely fine close to perfect! Hi, Rosa - If you are still unsure, you can try posting images of your coin on forums such as Coin Community. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. Another possibility is that some planchets for Belgian two-franc coins (which the Philadelphia mint briefly made for the European nation) were accidentally struck with the Lincoln cent dies. This record would not be broken until 1960, when 2,167,289,000 Lincoln Memorial cents were produced. 3) 1856 Flying Eagle Penny - $25,000. Or you could be a coin enthusiast, on the lookout for rare and unusual pennies for your collection. You might have inherited or found a 1944 wheat penny or become interested in adding this coin to your collection. and new product arrivals. You can also post a photo of this 1944 cent in our Forum: https://coinvalues.com/forum * You can sell a copper 1944 for, like maybe $.05, or a nickel. In other news for the 1944 Lincoln Penny, production figures were extraordinarily high, with about two billion one-cent coins made across all three mints operating in 1944; approximately 1,435,000,000 at the Philadelphia Mint; 430,578,000 at the Denver Mint (D); and 282,760,000 at the San Francisco Mint (S). Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because theyre so rare. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Top 30 Most Valuable Wheat Pennies. 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. At the top of the coin the phrase E Pluribus Unum is inscribed. The reason it is so valuable is because in 1944, the U. S. Mint ran out of copper and was forced to switch to an alternative metal composition consisting of steel and a very small amount of zinc. A 1944 penny is worth more than just its face value today. You have come to the right place! Here is our pennies worth money list based on recent auction records. Buying rare and valuable pennies online is relatively easy if you know what you are looking for. According to the American Financial Services Association, the 1944 steel wheat penny is the most common version of the steel wheat penny. Last Updated 7th January 2023. Basically in mint condition with only perhaps some natural discoloration, highest market value. To determine the value of your 1944 wheat penny, you will need to consider several factors, including the condition of your penny, the design of the penny, the mint mark, and the specific rarity of your penny. 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. Information on it. Roger W. Burdette was perhaps the foremost numismatic historian of our era. It should weigh 2.7 grams. That is a 70-30 alloy -- 70 percent copper and 30 percent zinc -- our equipment will not handle that.. 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. 1909-S VDB Lincoln Cent. Auction Record Value. Don't be the last to know about the latest deals a few week ago i picked up a coin which is 1944 can you tell me if it worth anything? He'll likely end up with a good chunk of dough in free agency, but it's hard to believe . Its value ranges from 20 cents to 50 cents, but it could be worth way more than that, depending on its qualities. A 1944 no mint Wheat Penny in good condition can be worth around $2 to $10. . What if anything are they worth. R they worth anything, Hi how are you. I have one as well, have you found any info on it? Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. If you have verified the correct positioning of all the inscriptions and imagery, and used a magnet to confirm the composition is partially steel, how can you tell if its a fake or not? The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. I have a 1944 wheat penny. Hello, Marcus - Yes, as listed above, circulated 1944 Lincoln wheat cents (including those like yours, which have a "D" mintmark indicating its origin at the Denver Mint) are worth 10 to 20 cents. Hi Tommy. $0.01 USD. I'm not sure if you would call it a lamination error, or a cracked skull. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. https://imgur.com/N7jYHNP, 1944 s wheat penny Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. Above the portrait there is an inscription which says in god we trust. 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. 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. As mentioned in the article above, an average circulated 1944 Lincoln wheat cent is generally worth 10 to 20 cents. 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. I'd say to hang onto the coin Hi , I have a ONE CENT 1944 Lincoln penny , How much i can sell? if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-narrow-sky-1','ezslot_29',168,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-narrow-sky-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-narrow-sky-1','ezslot_30',168,'0','1'])};__ez_fad_position('div-gpt-ad-remodelormove_com-narrow-sky-1-0_1');.narrow-sky-1-multi-168{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:15px!important;margin-left:auto!important;margin-right:auto!important;margin-top:15px!important;max-width:100%!important;min-height:250px;min-width:250px;padding:0;text-align:center!important}Additionally, look for evidence of discoloration, such as residues that could have been left from past contaminants, as well as any other signs of wear that could reduce its grading score. Marie Lynn on September 18, 2019: I have a1983D and 1997double ear penny. This coin is notable for its copper and zinc combination the wheat pennies which came before were crafted from copper zinc and tin. How can I tell if it is worth any money. In 1944, only 7 steel pennies are known to exist with the D mint mark. Four new Dollar Tree changes to stores and customers like the experience, Walmart CEO confirms major decision on store's future after string of closures, Heinz discontinues sandwich staple - and customers are very unhappy, Huge retailer shutting stores tomorrow and 20 more will come in 2023, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, Steel pennies with a 1944 date are tough to come by. 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. Josh @ CoinValues, Nicole, if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-large-mobile-banner-2','ezslot_20',164,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-large-mobile-banner-2-0');The most valuable of all wheat pennies is the 1909-S VDB penny, which is valued at around $6000 in uncirculated condition. Most coin dealers will only pay a few dollars for them. In fact, the very valuable "twin" to the rare 1943 copper cent was born in 1944. Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. Composition: 95% copper, 5% zinc. There are some very rare ones which were combined with steel. However. Abraham Lincolns portrait on the head side of the penny mean that pennies in this series are also called Lincoln pennies. Is it worth anything? But make sure you research the coin first and know what its worth before buying. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). But some may not be aware of the steel penny and what it could be worth. A 1944 D wheat penny can be worth up to $45,000 or more under the right circumstances. Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. Always make sure you are buying pennies from a reputable seller. We have a series of Wheat Penny info articles on the site you can use to estimate the values: https://coinvalues.com/wheat-pennies. 2-1950 D Wheat pennies Wooden Nickels Value: How Much Is A Wooden Nickel Worth? This white, lustrous metal appears, Read More How Much Is A $5 Silver Certificate Worth? Today we are going to be learning the ins and outs of this coin, including its history and the context in which the c. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. Image: USA CoinBook. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? This penny is also worth much more than face value. What do I do next . Lincoln Wheat and Indian Penny values chart 2023. How can I get ten 1944 Steel pennies authenticated for insurance? That will get you the highest price. If its a normal 1944, 1944-D, or 1944-S cent, it isnt worth much. 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. Watch out, because the 1944 steel wheat penny has been sold for over $1.11 million! Is it worth anything. Thank you for your question, Are there signs of wearing where the words and images have been rubbed away? 1944 Steel Lincoln Wheat Cent. You can tell whether you penny is made from copper or steel by holding a magnet to it. Separately, I uncovered Congressional testimony to the same effect. When it comes to evaluating 1943 Lincoln cents, the . If your 1944 does NOT stick to a magnet and looks like a regular cent then your piece is relatively common and worth 5 to 10 cents." The 1943-S was the rarest wheat penny issued, with less than 1,000 ever produced. , would my coin worth something? Using a sensitive mini scale is useful for accurate weighing. Hi, Jill! If you have a proof coin in PR 63 state, it could fetch as much as $44 or more. I have a 1944 penny with a number 8 underneath it. The most valuable 1944 penny is a 1944 Steel Wheat Penny. This is technically called coin grading. 1-1935 S Wheat penny The actual wheat stalks are positioned to the right and left sides edges of the coin. Much like the famous 1943 copper Wheat cents that were made when leftover copper blanks were accidentally run through the coin presses during the production of steel pennies, the 1944 steel Wheat cents were made when leftover steel blanks got mixed in with the brass shell casing blanks. First, check the penny for the key features of a genuine 1944 wheat penny. The value of a 1943 copper penny depends on the condition and type of the penny. 3) 1856 Flying Eagle Penny - $25,000. This is why it is classed as one of the 1944 wheat error pennies. USA Coin Book Estimated Value of 1944-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $399,637 in Average Condition and can be Worth $741,587 to $1,110,923 or more in Uncirculated (MS+) Mint Condition. One of their most popular is " CoinFacts .". The 1944 D steel penny in average condition can be worth $34,000, while those with no mint mark in average condition are worth around $28,000. Thankfully, theres a very easy way to tell genuine 1943 copper pennies apart from those that were former 1948 pennies. Real People. Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. Copper was in short supply because it was needed for ammunitions purposes during the war. A popular theory is that some steel coin blanks, or planchets, were left in the hoppers and accidentally distributed. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat penny. The rarity of 1944 wheat pennies is also supported by their current value. For this reason it is also known as the 1944 Lincoln penny. However, people complained that these pennies were not strong enough to use as regular currency because they eroded quickly. I have a 1944 wheat penny that the markings on the back are off center, to the left. If the penny does not have a mintmark then it was minted in Philly. Which 1944 s penny is worth a lot of money? 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. Fine. Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. 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. Take a look at this video to find out more about the history of this incredible coin, and modern valuation when sold through a public auction. The 1909-S VDB is particularly rare, as it was the first wheat penny issued and had a limited mintage. 4) 1873 Indian Head . 'ONE' and 'PENNY' are in the fields, a. lighthouse is in the background to the left, and the date is in the exergue below. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. How much is all this ? Furthermore, the 1944 steel penny is the only coin of this type that the U. S. Mint ever produced, making it a very desirable and sought after item. An example of data being processed may be a unique identifier stored in a cookie. Coin Values & More - CoinTrackers. https://coinvalues.com/community/stream/item/5616. Around 2.1 million wheat pennies were produced in 1944, more than any other year! It is one of the famous Lincoln coins, and can fetch a high price at auction depending on the version you have. These sources describe railroad hopper cars full of shell casings arriving at the Philadelphia Mint. 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. 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. Grading the 1944 Lincoln Penny. All the best, I would like more 1944 Lincoln cents are generally, even so, widely available, and can be purchased for between 10 and 20 cents in the most common class. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. Did You Know? Perhaps youve found or inherited an interesting 1944 wheat penny, and you want to find out a little more about it. Josh. I have 1944D and 1944S as Well 1944 no mint. If it's in extremely good condition (near mint) then maybe worth $1.00. Required fields are marked *. Best wishes, While some believe all coins of this type are worth substantial sums of money because they are so rare, it is essential to remember that not all examples are equal - some are worth much more than others . While the U.S. Mint struck more than a billion steel pennies in 1943, about 35 examples of the zinc-coated steel cent are known to have been inadvertently struck bearing the date 1944 making it one of the rarest Lincoln pennies ever made! Furthermore, it's not always the condition of a coin that makes it the most valuable. These pennies are worth substantially more than their face value, with circulated coins selling for as high as $110 and uncirculated coins selling for as high as $3,500. An impressively high number of wheat cents were made in 1944 across Philadelphia, Denver, and San Francisco mints: over 2.1 billion coins! 2-1953 D Wheat penny Please try adding pics using the "Attach file" button. Required fields are marked *. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 United States coin values - 1792 to present The famous 1944 wheat penny, also called the 1944 Lincoln penny, was designed by Victor David Brenner. Another way to tell if the coin in genuine is to measure and weigh it. Meanwhile, many coin experts believe there are a few that have yet to be discovered. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. What happens if you dont get your period with PCOS. And on the front, above the date, is a marking that almost resembles an A? 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. 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. It is believed that only 30 of these 1944 steel pennies are in existence. 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. Are you concerned the precious metals train has left the station without you. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. Your text to link. 1931-S Lincoln Cent.