Any 1944 Wheat Penny that is deemed to be in "Fine" condition can . 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. It shows that all 1944 wheat pennies had the highest mintage in US coinage history. One of their most popular is " CoinFacts .". Buying rare and valuable pennies online is relatively easy if you know what you are looking for. These coins of course retain a silvery color. Save my name, email, and website in this browser for the next time I comment. Unlike Lincoln cents made from 1909 to 1942, which are 95 percent copper and 5 percent tin and zinc, Lincoln cents from 1944, 1945, and 1946 were made with a composition of 95 percent copper and 5 percent zinc (no tin). The only other penny which was crafted using zinc-coated steel is the 1943 Lincoln penny. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-mobile-leaderboard-2','ezslot_27',167,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-mobile-leaderboard-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-mobile-leaderboard-2','ezslot_28',167,'0','1'])};__ez_fad_position('div-gpt-ad-remodelormove_com-mobile-leaderboard-2-0_1');.mobile-leaderboard-2-multi-167{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}No, a 1944 steel wheat penny is not worth a million dollars. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. I have read somewhere that this can be caused by improper mixture of metals or from deviations on the press itself. What Are the Different Penny Errors and What Are They Worth? Abraham Lincolns portrait on the head side of the penny mean that pennies in this series are also called Lincoln pennies. For a 1943 copper penny that is in average condition, the value is around $60,000 $85,000. They will use a series of diagnostic factors and tests to determine if your 1944 steel penny or 1943 copper cent are real. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. 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. By Steven Cochran. To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. 1-1927 S Wheat pennies But it sounds like you have an altered, counterstamped 1944 Lincoln cent. $0.40. The mint mark, when present, can be found on the obverse side of the coin below the date. 1944 D Steel Penny Value. Is my 1944 S penny a rare coin being as the S is almost staped into the date unlike the rest i seen is it valuable??? The hardest wheat pennies to find are generally ones that have been relatively well-preserved over the years. If the penny does not have a mintmark then it was minted in Philly. 1944 Lincoln Wheat Penny Value Guide. The rarity of 1944 wheat pennies is also supported by their current value. Next, you can evaluate the level of preservation. Fine. Pawn Stars. You can also post a photo of this 1944 cent in our Forum: https://coinvalues.com/forum On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One 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? 1944-D Lincoln Penny (Zinc-coated steel) 1909-S VDB Lincoln Penny. Value: $59,073. 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. If you find a D beneath 1944 this is the mintmark of the Denver mint. 2,147,483,647. 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. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. Fine. is it worth anything? Rare Lincoln Penny Exceeds $1 Million in Sale. How can I tell if it is worth any money. Examples include Wheat cents struck on a Netherlands 25 cent planchet (64% silver) that is almost exactly the correct size for a penny; and some struck on a Philippines 5 centavos silver-colored planchet made of 65% copper, 23% zinc and 12% nickel! 1943 Bronze Lincoln Cent. The 1944 S steel penny, in average condition, can be worth around $400,000. Real Experiences. 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. 4) 1873 Indian Head . $0.20. Average value: 1944 wheat penny no mint mark: Good. It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. 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. ), 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? 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. 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? Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. Otherwise you can get your coin authenticated by a Third Party Grader such as the PCGS (Professional Coin Grading Service). 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. The composition of 1944 pennies (or Lincoln Wheat penny coins) is 95% copper, 5% zinc. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! For a 1943 Steel (not copper) penny, which is the most common type of 1943 penny, it is only worth around 10 to 25 cents. Uncirculated specimens can be bought for around $5 each. The most valuable of the wheat pennies is the 1944-S Wheat Penny, which was minted at the San Francisco mint. https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66273164_2432053220357404_6694322626694742016_n.jpg?_nc_cat=108&_nc_oc=AQn135NMWA8_WLgeexIx0-3L79KR9uy24LtJ-5Ej8MKYVw1w4Djc-OA-4IZO3kJqtWI&_nc_ht=scontent-iad3-1.xx&oh=f9f4194589ed2f0b9186e79dc809891a&oe=5DC0334C. If you collect coins, you know about the 1943 steel Lincoln cent. The Denver mint struck 430,578,000 coins with the "D" mint mark. And also make sure you're aware of potential fakes online. So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? Join us today for FREE! ), 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. Additionally, wheat pennies can have a variety of mint marks, meaning where it was made, located on the reverse side of the coin. If you could post a couple of photos that would help. However, getting a 1944 steel cent authenticated requires several layers of diagnostic testing an is best done by a third-party coin grading company. Using a sensitive mini scale is useful for accurate weighing. Type: Wheat Penny. ), 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? Are there signs of wearing where the words and images have been rubbed away? He'll likely end up with a good chunk of dough in free agency, but it's hard to believe . This will help you find out how you should price it, or whether you are paying the correct price for it. 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. 2) 1943 Copper Wheat Penny - $250,000. * The steel 1944 pennies are quite valuable. Join us today for FREE! 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. I have a 1944 wheat penny that the markings on the back are off center, to the left. 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? We and our partners use cookies to Store and/or access information on a device. My recommendation would be to submit the steel penny to a grading service (NGC or PCGS) and list it for auction. How can I sell my steel 1943 pennies for decent money? , would my coin worth something? 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. You can read learn about coin grading in these two articles and then find a reputable dealer near you: It is necessary to use virgin metal with the shell casings. 1944 wheat pennies have become a favorite of collectors, and its not uncommon for years to pass between when the same coin is made available for purchase. No, not all 1944 pennies are valuable. 50 to $25. 2-1944 D Wheat pennies I have a 1944 steel Lincoln wheat penny would like to see what it would be worth. I have one 1944 penny. This change in composition created a unique looking coin that has since become very popular with collectors. Close-up of the overpunched mint mark on a 1944-D/S RD (PCGS Coinfacts). And how the hell do I post a pic? $77,000-$100,000. Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. The Lincoln cent, however, wouldn't undergo a temporary, war-related metal composition change until the following year. Check your inbox or spam folder to confirm your subscription. Many of them never went on the market and remain uncirculated. Are there any scratches or nicks present on the surface of the coin? 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. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). 1,435,400,000 wheat pennies struck at the Philadelphia mint. This post may contain affiliate links. A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. Josh @ CoinValues. Josh @ CoinValues. When researching the value of your penny, it is important to be sure to consult a reputable source. 1-1942 Wheat penny Last Updated 7th January 2023. . Look out for any kind of suspicious texture such as a bubbly look, or letters and numbers which looks slightly too rounded compared to an authentic coin. 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. There are auction companies throughout the United States that would love to put a coin like yours on the block. The 1944 Wheat penny without a mint mark is worth about 15 cents. Famously, this coin was manufactured using ammunition shells from World War II, although this is disputed by some. The penny was originally minted in silver, but from the late 18th century it was minted in . 1944 d wheat penny At the top of the coin the phrase E Pluribus Unum is inscribed. 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. Best, I have one as well, have you found any info on it? 1-1956 D Wheat penny For instance, a 1944-S Lincoln wheat cent graded MS67Rd, sold for $3,290 in 2016. These include Sothebys, Stacks Bowers, and Teletrade. 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 . Here, you can look for how well defined the inscriptions and images are. PCGS has many different coin apps . Here, well list the average prices the 1944 steel wheat penny currently fetches from cheapest to most expensive. Good luck! Due to a shortage of tin, only copper and zinc were available to make Wheat cents from 1944 to 1946. Real Helpful. Answer (1 of 7): There are two basic kinds of 1944 penny: those made from steel, and those made from copper. 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. 1944 marked the end of the emergency WWII production of the 1943 steel penny. Today we are going to be learning the ins and outs of this coin, including its history and the context in which the c. 56 1944 Penny Value Locate the correct position on the chart finding 1944 penny value. STEEL cents can be extremely rare and potentially worth in the millions if it features a 1944 date. Here is our pennies worth money list based on recent auction records. Depending on its condition and mint mark, it could be worth anywhere between a few cents and several hundred dollars. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. HOW DO I LOAD PIC ON THIS SITE ?!?!?!? The value of these coins range from several dollars to $1,700 or more, depending on the condition and grade of the coin. Their site contains lots of helpful images and detailed information about different coins. 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.. Your email address will not be published. If the Wheat Penny shows any signs of being in outstanding condition, it may be a rare Wheat Penny. In fact, the very valuable "twin" to the rare 1943 copper cent was born in 1944. Variety. Extremely fine . You can tell whether you penny is made from copper or steel by holding a magnet to it. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). Ensure you thoroughly research the exact edition of the coin you would like. Are you concerned the precious metals train has left the station without you. Wheat pennies from the mid-1940s differ from most other wheat cents. All 1944 wheat pennies, regardless of mint mark, are worth significantly more than their face value. This white, lustrous metal appears, Read More How Much Is A $5 Silver Certificate Worth? [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. Grading the 1944 Lincoln Penny. These can make megabucks, fetching over $1.11 million when in top condition! You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. 50 to $7. Here, we will equip you with information about the 1944 wheat penny, and its key features such as mint marks and errors. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. Her other hand rests on a shield bearing. Hi Tommy. Im the Coin Editor here at TheFunTimesGuide. 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. 1-1946 Wheat penny 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. 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. Image: USA CoinBook. 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. 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. The following will provide you with a listing of the different coin grades as well as what they . . Our equipment will not work shell casings as they are. How do I know if my 1955 penny is double die? If you find a D beneath 1944 this is the mintmark of the Denver mint. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). 4-1957 D Wheat pennies Josh @ CoinValues. Of course, there was no silver content in these coins; just steel and zinc. I have a 1944 wheat penny. If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. All the best, 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. As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. 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. It's because of a low rarity level. 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. Coin Values & More - CoinTrackers. 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. https://coinvalues.com/forum The rarest 1944 penny is the Lincoln mint mark of the Philadelphia Mint (no mint mark on the reverse side). Hello, I have 1944 wheat penny that has an error at the back, missing letter ME for AMERICA, is this penny worth something? 1944 Lincoln cents are generally, even so, widely available, and can be purchased for between 10 and 20 cents in the most common class. 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 . Josh. An example of data being processed may be a unique identifier stored in a cookie. How much is it worth? 1944 wheat penny For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. 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. These in particular are noted for their increased eye appeal. Copper was in short supply because it was needed for ammunitions purposes during the war. If your 1944 steel cent is authentic, it's worth $75,000 or more. I've never seen anything like this. 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. 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. What penny coins are worth money? Whereas 1944 steel pennies, and those with fascinating errors are rare and elusive! They can be spotted by the absence of the edge features of the Lincoln cent design. Josh @ CoinValues, Nicole, Steel Wheat. In this mint, 991,655,000 coins were minted. 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 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. These were leftover steel blanks from the production of 1943 pennies when copper was in short supply. Thank you for your question, 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. This makes the 1944 steel wheat penny incredibly rare and hence valuable. A 1944 Uncirculated, or Mint State, wheat penny with no defects may be worth up to $1000. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. There are also countless 1944 copper pennies that have been covered in zinc plating but, as you might have guessed, there would be a great weight discrepancy between a steel cent and its heavier sibling, the copper cent. To avoid this, make sure you check the sellers history and whether or not the coin was certified in the listing. You have come to the right place! To make a long story short, grading is nothing more than having the coin's condition professionally assessed.