https://coinvalues.com/community/stream/item/5616. The condition of the coin, the mint mark, and any other notable errors make it one of the most valuable coins on the market. Beware of zinc-coated copper penny fakes! 1944 Wheat Pennies were minted in Philadelphia, San Francisco and Denver. 2-1950 D Wheat pennies The first thing youll want to do is check places in your home or any places you may store change. Always make sure you are buying pennies from a reputable seller. Thank you for your question, This coin is notable for its copper and zinc combination the wheat pennies which came before were crafted from copper zinc and tin. 1-1941 D Wheat penny 1-1945 D Wheat penny Well help you to positively identify a 1944 steel wheat penny, provide a valuation guide and a buying guide. If you collect coins, you know about the 1943 steel Lincoln cent. Would you please try again, using a jpeg photo file under 2 MB? Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. 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. When it comes to the 1944-S steel cent, it is worth $399,637 in average condition and could be worth more than $1.11million in an MS63 grade, according to USA Coin Book. 3) 1856 Flying Eagle Penny - $25,000. i have a one cent abrahan lincon 1944s copper is there a value for it? Examples of difficult -to-find coins would be 1909-S V. D. B. , 1914-S, 1931-S, and 1955 doubled die. 1924 D Wheat Penny. 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. You can tell whether you penny is made from copper or steel by holding a magnet to it. 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. 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. I'm afraid the photo did not upload correctly. There are some very rare ones which were combined with steel. If you buy thru these links, we may earn a commission at no additional cost to you. ), 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. Next, you can evaluate the level of preservation. It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? The error on a 1944 penny will depend on the specific coin in question. 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. From the San Francisco mint, they struck 282,760,000 1944 wheat pennies. Many of them never went on the market and remain uncirculated. One rare 1944 Wheat cent to watch out for is the 1944-D/S. These rare coins can fetch an incredibly high price at auction. 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. According to the American Financial Services Association, the 1944 steel wheat penny is the most common version of the steel wheat penny. Using a sensitive mini scale is useful for accurate weighing. The price of your 1944 penny will increase if it is a rare variety. There are 2 variation of the 1944 penny, one made with a metal mixture of both copper and zinc, and the other all copper. $0.40. Hope that helps. He discovered documentation in the National Archives confirming the use of shell casings to make Lincoln cents when researching his book United States Pattern and Experimental Pieces of WWII. 1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade. Hello Another way to tell if the coin in genuine is to measure and weigh it. 1-1969 D Josh @ CoinValues, Nicole, Due to a shortage of tin, only copper and zinc were available to make Wheat cents from 1944 to 1946. The mint struck about a billion Lincoln pennies . 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. 1944 Steel Lincoln Cent. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. Using a magnifying glass is recommended. But make sure you research the coin first and know what its worth before buying. 4) 1873 Indian Head . I'm not sure if you would call it a lamination error, or a cracked skull. Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. Auction Record Value. Design The design of the 1944 penny can also impact its value. If your 1943 copper cent or 1944 steel penny is graded as genuine, then congratulations! Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 United States coin values - 1792 to present Source: USA CoinBook. Equipping yourself with knowledge is the best way to identify fakes and become familiar with the key ID features of your chosen coin. The most valuable 1944 penny is a 1944 Steel Wheat Penny. At a pawn shop, collectors can pay premium values for high-grade 1942 pennies. (Melbourne mint variety). Hello, Silvia -- The 1944 wheat penny is a must-have for coin collectors everywhere! This post may contain affiliate links. It's worth mentioning that the value of a 1944 no mint Wheat Penny can also fluctuate based . This penny is also worth much more than face value. Please peruse our Lincoln Wheat Penny info pages for more information on each of your coins. 7. Furthermore, it's not always the condition of a coin that makes it the most valuable. 'ONE' and 'PENNY' are in the fields, a. lighthouse is in the background to the left, and the date is in the exergue below. What do I do next . , would my coin worth something? This is technically called coin grading. ), The 1982 Penny Value Chart (Most Valuable Penny Sold for $18,800), 5 Most Valuable Quarters After 1965 (Between $5000 And $10,000), How Much is a Gunne Sax Dress Worth? 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. 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! 1-1946 Wheat penny 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? The rarest 1944 penny is the Lincoln mint mark of the Philadelphia Mint (no mint mark on the reverse side). 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. Phil, it would be helpful if you uploaded an image(s) of the penny. The British pre-decimal penny was a denomination of sterling coinage worth 1 240 of one pound or 1 12 of one shilling.Its symbol was d, from the Roman denarius.It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. 4) 1873 Indian Head . Some consider the use of shell casings in the production of one-cent coins to be an urban myth, or a patriotic publicity stunt. But it sounds like you have an altered, counterstamped 1944 Lincoln cent. 1-1927 S Wheat pennies 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. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. R they worth anything, Hi how are you. Its value ranges from 20 cents to 50 cents, but it could be worth way more than that, depending on its qualities. The 1944 Wheat penny is a copper coin with no silver or tin content. This is technically called coin grading. 1944 Wheat pennies with distinctive attributes could be worth thousands of dollars. Stay up to date with everything about U.S Coins, We dont spam! ), Analyzing the 2020 Bat Quarter Value: A Comprehensive Guide, Kennedy Half Dollar Value Chart (1964, 1966, 1967, 1968, 1970, 1971, 1972), 5 Most Valuable $20 Bills (Rare One Sold For $411,250). Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! What Is the Value of a 1943 Copper Penny? If its a normal 1944, 1944-D, or 1944-S cent, it isnt worth much. Copper was in short supply because it was needed for ammunitions purposes during the war. One 1944 steel cent graded in MS64 without a marksoldfor $180,000 in an auction in June 2021. Any 1944 Wheat Penny that is deemed to be in "Fine" condition can . Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because theyre so rare. We would need to please see a photo of this coin to verify, so please post a topic in the forum. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. These in particular are noted for their increased eye appeal. If the penny has a D mint mark (indicating it was minted in Denver) it could be worth $2. Why does 1944 wheat penny not have an s ,d, or p under year. 50 to $7. Information on it. If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. 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. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Therefore, any wheat penny from these years and these two mint marks in MS63 or higher condition is highly desirable. Dont be afraid to ask questions to find out more about the coin most coin enthusiasts are happy to share information and spread their knowledge. 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. Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. And how the hell do I post a pic? They can be spotted by the absence of the edge features of the Lincoln cent design. 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. Is it worth anything? The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). A list of pennies in the current pool of circulating United States currency. )Continue, Coin collectors have noticed the seemingly high value of the 2020 bat quarter. By: Author Olin Wade (Remodel or Move Stuff). This change in composition created a unique looking coin that has since become very popular with collectors. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. They feature a steel core, with a zinc-coated steel composition and a wheat reverse, as opposed to the Lincoln reverse used in other pennies from this time. The 1944-S wheat penny is the most sought after and valuable of the lot because it was minted at the San Francisco mint where production numbers were lower than other your other wheat pennies. If the penny is moved by a magnet it has steel content, if not it is copper. The hardest wheat pennies to find are generally ones that have been relatively well-preserved over the years. Uncirculated specimens can be purchased for less than $5 each. It sounds to me like environmental damage , so yeah probably just a wheatie.. 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. 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. The composition of 1944 pennies (or Lincoln Wheat penny coins) is 95% copper, 5% zinc. 1872 Indian Head Penny. Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. https://imgur.com/zVfYfhZ Read more expert analysis of Lincoln cent prices and penny collecting from the authors at Gainesville Coins: Lincoln Wheat Penny (19091958): Values & Key Dates, 1943 Steel Penny Value: How Much They Are Worth Now. I HAVE TWO .. Extremely fine. The 1943 copper penny is extremely rare and valuable. They're worth far more than the famous 1909-S VDB penny - the rarest regular-issue Lincoln cent: The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. Join us today for FREE! The 1944 Wheat penny is a copper coin with no silver or tin content. Uncirculated the best of the best! The absolute top price one of these pennies has fetched at an auction was $115,000! 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. Her other hand rests on a shield bearing. Another way to tell if the coin in genuine is to measure and weigh it. 2) 1943 Copper Wheat Penny - $250,000. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. Good luck! Look out for valid certification in the listing. Their novelty can bump up the price of a 1944 wheat penny, so look out for these unusual error coins! 1958 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1958 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Herea a quick guide: It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. $77,000-$100,000. A 1944 wheat penny is considered rare because they were not made with a large mintage. You will find the approximate value of your 1943-D cent here: https://coinvalues.com/wheat-pennies/1943 Generally speaking, the most commonly seen errors on a 1944 penny are die cracks, double dies, and off-centered strikes. 1944 D Steel Penny Value. Would you please post a photo of this coin here in the forum so I can see what it is and provide some advice on its value? If it's in extremely good condition (near mint) then maybe worth $1.00. I've never seen anything like this. Of course, there was no silver content in these coins; just steel and zinc. However, 1944 Lincoln cents have generally become quite common, and can be worth around $10-$20 on most banknotes in circulation. Uncirculated specimens could be worth a few dollars. He'll likely end up with a good chunk of dough in free agency, but it's hard to believe . 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. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. The 1944 wheat penny diameter is 19 millimeters across. For instance, a 1944 wheat penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. A 1944 penny is worth more than just its face value today. A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. They will use a series of diagnostic factors and tests to determine if your 1944 steel penny or 1943 copper cent are real. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. Is it worth anything. Dont be afraid to ask questions to find out more most coin enthusiasts are happy to share information and spread their knowledge. 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. A 1944 no mint Wheat Penny in uncirculated condition can be worth around $50 to $200 or more. Traces of the S can still be seen above the top edge of the D mint mark. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. First, check the penny for the key features of a genuine 1944 wheat penny. 1802 Draped Bust Half Dollar. For this reason it is also known as the 1944 Lincoln penny. Above the portrait there is an inscription which says in god we trust. 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. 1-1930 Wheat penny In fact, the very valuable twin to the rare 1943 copper cent was born in 1944. The 1944 version of the Wheat Penny is worth on average $45.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.10 . Hello, Marcus - Interestingly, there is a significant off-metal error from 1944, and that is the 1944 steel Penny an inadvertent striking that presumably occurred when some 1943 steel Planchets were left behind in the hoppers that feed coin blanks through the striking machinery at the U.S. Mint. There are rare errors associated with the 1943 copper penny, however, and depending on the condition and rarity of the error, it could be worth much more than the copper penny in average condition. My recommendation would be to submit the steel penny to a grading service (NGC or PCGS) and list it for auction. The coin was minted for less than a year and was produced at the Philadelphia Mint. And also make sure you're aware of potential fakes online. Ensure you thoroughly research the exact edition of the coin you would like. You might have inherited or found a 1944 wheat penny or become interested in adding this coin to your collection. While it is a rare item, its actual value is much less. 1909-S "VDB" Lincoln Wheat cent. Hi, Rosa - Signs of a rare 1944 Wheat Penny include the year minted being strongly dual, an upright W in wheat stalks, full separation without malforming between wheat stalks, an S mintmark, and crisp, clear strikes with no weakness. 1914-D Lincoln Cent. Here, other coin enthusiasts can help you out with their expertise and advice. Usually reputable sellers include very detailed information and several photographs in the coin listing. * The steel 1944 pennies are quite valuable. 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. Sometimes, steel cents were referred to as silver pennies, due to their color. 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.. One of the rarer 1944 wheat pennies that can be found is the D/S wheat penny. Three sites you can try to buy coins from are: Cars revolutionized our lives, as personal mobility is one of the most important aspects of modern society. While they are all quite rare, the 1944-S is the most valuable of the three with a reported mintage of just two. 1931-S Lincoln Cent. and new product arrivals. You can tell whether you penny is made from copper or steel by holding a magnet to it. Why is it famous? In 1944, copper became more readily available again, so the mints began produce copper wheat pennies. However. Source: USA CoinBook. Undistributed copies can be purchased for approximately $5 each. 1-1970 D They have been used for centuries to keep track of time,, Read More Most Valuable Seth Thomas Clocks (Worth From $200 to $4,000+)Continue, Your email address will not be published. Find out more here. Read on to find out what makes these 16 coins the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. There are some rare examples of 1944 steel wheat pennies out there. 1944 Lincoln cents are generally, even so, widely available, and can be purchased for between 10 and 20 cents in the most common class. Thank you I got three penny's that date 1935,1944 with a D under the year and a 1958 with a D under it also jus wondering if there were any value to them? Is a 1944 penny worth any money. Double dies involve the same part of the design, lettering, and date being present twice, causing an overlapping or raised look. High-end specimens of the 1944 steel wheat penny have been known to fetch up to $400 at auction, but even then, it is nowhere near the million-dollar mark. Your email address will not be published. What Are the Different Penny Errors and What Are They Worth? The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. Extremely fine . 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). As of 2020, a 1944 steel penny can sell for upwards of $75,000 depending on its condition. 10. The value of a 1943 copper penny depends on the condition and type of the penny. The penny was minted in the United States during World War II, which caused metal rationing in the US and elsewhere. Join us today for FREE! It should weigh 3.1 grams. You might have hit the jackpot if you happen to find a steel penny with a 1944 date. The bottoms of all of the numerals in the date of 1948 pennies, on the other hand, fall roughly in line with each other. It is believed that only 30 of these 1944 steel pennies are in existence. A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. The Draped Bust Half Dollar is one of the most valuable half dollars, worth an estimated $117,500 at an auction in 2015. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. 1943 Steel Penny Value (Worth A Million Dollars?). This will help you find out how you should price it, or whether you are paying the correct price for it. Hello, James -- I'd say to hang onto the coin Hi , I have a ONE CENT 1944 Lincoln penny , How much i can sell? How can I get ten 1944 Steel pennies authenticated for insurance?
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