Sometimes, steel cents were referred to as silver pennies, due to their color. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. Michael, as Josh pointed out in the community, "The rare 1944 steel cent sticks to a magnet and looks silver in color. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. These include: When it comes to valuing the 1944 wheat penny the mint mark, condition and rarity are the most important factors which dictate the price. 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.. The 1944 D steel cent is worth nearly $34,000 in average condition. It shows that all 1944 wheat pennies had the highest mintage in US coinage history. Your next step is to have your coin authenticated by a third-party coin grading company. Hello, James -- That is a 70-30 alloy -- 70 percent copper and 30 percent zinc -- our equipment will not handle that.. Im the Coin Editor here at TheFunTimesGuide. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. While 1943 copper cents weigh about 3.11 grams and don't stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. It is believed that only 30 of these 1944 steel pennies are in existence. The actual wheat stalks are positioned to the right and left sides edges of the coin. The Draped Bust Half Dollar is one of the most valuable half dollars, worth an estimated $117,500 at an auction in 2015. Or you could be a coin enthusiast, on the lookout for rare and unusual pennies for your collection. 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. 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). , would my coin worth something? 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! If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. A 1944 Uncirculated, or Mint State, wheat penny with no defects may be worth up to $1000. 1909-S "VDB" Lincoln Wheat cent. But it sounds like you have an altered, counterstamped 1944 Lincoln cent. Sites such as the US Coin Book, PCGS Price Guide, and NGC Coin Price Guide contain detailed information on the various 1944 pennies, as well as their current market value. 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. 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. The condition of the coin, the mint mark, and any other notable errors make it one of the most valuable coins on the market. What do I do next . The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. We will provide you with both a valuation guide and a buying guide. Source: USA CoinBook. Image courtesy of My Road to Wealth and Freedom. 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. You can tell whether you penny is made from copper or steel by holding a magnet to it. 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 most valuable wheat pennies are usually those that are in pristine condition and possess a rare date and mint mark combination. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. Value: $59,073. 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!). 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. 1944 Lincoln Wheat Penny Value Guide. Rare quality 1943 copper pennies or valuable errors can sell for as much as $200,000 or more. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. First, check the penny for the key features of a genuine 1944 wheat penny. Hello, Marcus - Next, you can evaluate the level of preservation. These pennies were made at the Denver Mint from a die that accidentally had an S mintmark (for San Francisco) punched into them. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. 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. It sounds to me like environmental damage , so yeah probably just a wheatie.. Why does 1944 wheat penny not have an s ,d, or p under year. Find out more here. Rare Pennies. 4) 1873 Indian Head . If you collect coins, you know about the 1943 steel Lincoln cent. You can also post a photo of this 1944 cent in our Forum: https://coinvalues.com/forum Why is 1944 wheat penny rare? - Vanessa Benedict In the case of the 1943 copper cent, often bona fide 1948 cents are manipulated. The other one is the1943 Lincoln steel penny which is much more common. There are other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. In 2018, bidders were ready to part with up to $24,000 for a rare 1944-D/S Lincoln cent. Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 United States coin values - 1792 to present 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. Steel Wheat. Grading the 1944 Lincoln Penny. 1955 Doubled Die . 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. 1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade. Type: Wheat Penny. Lincoln Penny Values Chart 2023 (Up To $100,000!) 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 UK penny value, George VI - All Coin Values However, getting a 1944 steel cent authenticated requires several layers of diagnostic testing an is best done by a third-party coin grading company. The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. 1944 Wheat Penny | Learn the Value of This Coin I have several well many pennies. What if anything are they worth. If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. They can be spotted by the absence of the edge features of the Lincoln cent design. Phil, it would be helpful if you uploaded an image(s) of the penny. The official mintage for the 1922 small cent is 1,243,635 and they are tough to find. Copper was in short supply because it was needed for ammunitions purposes during the war. (Rare One Sold for $1,000+), 14 Most Valuable Haviland China Round-Up List (Sold For $14,000 In October 2021), Most Valuable Seth Thomas Clocks (Worth From $200 to $4,000+). 1944 Wheat Penny Value - A Complete Guide - Craftbuds There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. Above the portrait there is an inscription which says in god we trust. Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. Pennies Worth Money | 100 Most Valuable Pennies In Circulation 1.1944 Steel Wheat Penny. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'remodelormove_com-medrectangle-4','ezslot_3',156,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-medrectangle-4-0'); The 1944 wheat penny would be incredibly rare and valuable with this mint mark and can be worth hundreds of thousands of dollars. The hardest wheat pennies to find are generally ones that have been relatively well-preserved over the years. The highest value achieved by a 1944 Philadelphia Steel Penny was for a copy belonging to the Simpson collection in MS64 grade, which in 2013 was auctioned for $158,625. While it is a rare item, its actual value is much less. Around 2.1 million wheat pennies were produced in 1944, more than any other year! 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. 15 Most Valuable Pennies Still in Circulation | Work + Money 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. 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. I have two 1943 steel penny's one with mint mark S and one with no mint mark. Value Of A 1944 Steel PennyThey are some of the most common of common Values, images, and specifications for 1944 penny coins from Australia. Any advice? How can I get ten 1944 Steel pennies authenticated for insurance? The speculation began almost as soon as the coins were released. The only other penny which was crafted using zinc-coated steel is the 1943 Lincoln penny. Ultimately, wheat pennies of any kind can be considered valuable, however the worth of any given coin is determined by its grade, condition, and rarity. 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. 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. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? These can make megabucks, fetching over $1.11 million when in top condition! * You can sell a copper 1944 for, like maybe $.05, or a nickel. Josh @ CoinValues, 1943 "D" one CENT wheat I FOUND wath is the value, Hello, Felipe -- Uncirculated the best of the best! Find out more here. 1-1954 Wheat penny As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. Separately, I uncovered Congressional testimony to the same effect. Josh. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). Don't be the last to know about the latest deals and new product arrivals. 1931-S Lincoln Cent. 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? 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 toUSA Coin Book. 1944 Pennies Worth Money - How Much Is It Worth and Why, Errors These were pennies that were minted at the Denver Mint, but mistakenly stamped originally with an S mint mark for San Francisco. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. What 1944 wheat penny is worth a lot of money? This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. The following Lincoln steel cents were minted in 1944: A coin with a D mint mark means it was minted in Denver, while an S letter means it was struck in San Francisco. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Real Experiences. Source: USA CoinBook. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. Jim on October 02, 2019: I have a 1944 copper lincoln wheat penny any one know the value of it its got no mint mark and in good shape for 1944. With over 430 million 1944-D Wheat cents minted, it is estimated that tens of thousands of 1944-D/S error coins exist. 7. 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. They will use a series of diagnostic factors and tests to determine if your 1944 steel penny or 1943 copper cent are real. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat penny. 1944 Lincoln cents are generally, even so, widely available, and can be purchased for between 10 and 20 cents in the most common class. It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. 1-1955 D Wheat penny $0.40. 1944 Lincoln Wheat Pennies Values and Prices - CoinValues.com Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. 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. It proves that shell casings were in fact used to make Lincoln cents from 1944 through 1946. The rarity of these pennies in good condition is partially due to their quick deterioration compared to pure copper coins. Your email address will not be published. Read more in our privacy policy. 1943 Steel Penny Value: How Much They Are Worth Now - Gainesville Coins If your 1944 steel cent is authentic, it's worth $75,000 or more. The value of a 1943 copper penny depends on the condition and type of the penny. In fact, theres about a half-gram difference, which is easily measurable on a coin scale. A popular theory is that some steel coin blanks, or planchets, were left in the hoppers and accidentally distributed. The 1944 Wheat penny is a copper coin with no silver or tin content. No, not all 1944 pennies are valuable. A 1944 penny is worth more than just its face value today. 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. I'm afraid the photo did not upload correctly. For a 1943 copper penny that is in average condition, the value is around $60,000 $85,000. The penny was minted in the United States during World War II, which caused metal rationing in the US and elsewhere. Generally speaking, the most commonly seen errors on a 1944 penny are die cracks, double dies, and off-centered strikes. There are some very rare ones which were combined with steel. Abraham Lincolns portrait on the head side of the penny mean that pennies in this series are also called Lincoln pennies. Is a 1944 penny worth any money. Why is it famous? The bottoms of all of the numerals in the date of 1948 pennies, on the other hand, fall roughly in line with each other. Your email address will not be published. Make sure not to confuse these with a 1943 date, as more than a billion steel pennies were produced that year. In 1944, only 7 steel pennies are known to exist with the D mint mark. 1944 Lincoln Wheat Penny Value Guide (Up to $373,750)! [Anual] Charts shows Britannia seated facing right, wearing a helmet, and holding a trident. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. Value: 1915 S Wheat Penny. Here's more info on those: https://coinvalues.com/library/coin-slabbing-services On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One Cent.. Some consider the use of shell casings in the production of one-cent coins to be an urban myth, or a patriotic publicity stunt. Next, you can evaluate the level of preservation. Meanwhile, many coin experts believe there are a few that have yet to be discovered. 1-1935 S Wheat penny According to the American Financial Services Association, the 1944 steel wheat penny is the most common version of the steel wheat penny. I'm not sure if you would call it a lamination error, or a cracked skull. Would you please post a photo of your 1944-S penny here? However, the slight visual differences between 1944-1946 Lincoln cents and copper cents from other years in the Lincoln Wheat Penny series are only distinct among uncirculated coins. 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. is it worth anything? This is why it is classed as one of the 1944 wheat error pennies. Experts estimate that possibly tens of thousands of these D/S error coins are in existence. This post may contain affiliate links. Today we are going to be learning the ins and outs of this coin, including its history and the context in which the c. ), 1944 Half Dollar Value Chart (Ms 68 Is Estimated To Cost Up To $42,000), 1944 Quarter Value Chart (Worth As Much As $16,800), 1944 Dime Value Chart (Worth As Much As $11,750 ), 10 Most Valuable Lefton China Pieces (Rarest Sold For $1,295), Antique Cast Iron Stoves Value (Rarest & Most Valuable is Selling for $24,500), 1920 Singer Sewing Machine Value (Rarest Sold For $3,000), Most Valuable 1934 20 Dollar Bill (Rarest Sold For $40,800), 4 Most Valuable Antique Typewriter (Rarest Sold For $110,059), Antique Ruby Rings Value (Rarest & Most Valuable Sold For $2.6 Million), Antique Cast Iron Toy Value (Rarest & Most Valuable Sold For $13,500), Top 10 Antique Stores in Connecticut [Update 2023], THE 10 BEST Pennsylvania Antique Stores (with Photos), 10 Best Antiques Near Me in Fort Worth, TX, The 13 Most Valuable Disney Pins (Rarest Sold For $10,000), Most Valuable Rare Hummel Figurines (Rarest Sold For $5000+), 1941 Penny Value Chart (Worth Million Dollars? Although many wheat pennies were made with this steel core in order to reduce metal used, the government made a special exception for the 1944 coin and allowed extra copper to be used, which helps add to its rarity. To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Her other hand rests on a shield bearing. Are there any scratches or nicks present on the surface of the coin? The 1944 steel wheat pennies are a combination of leftover steel and copper. And also make sure you're aware of potential fakes online. Unless the origin of the stamp can be traced, such altered 1944 Lincoln cents are generally worth only 2 to 3 cents.
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