As always, the value of coins could depend on grade and condition. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. No, a 1943 copper penny is not worth $1000000. 1922 Plain Lincoln Cent. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. When researching the value of your penny, it is important to be sure to consult a reputable source. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. 1944 steel wheat pennies are the rarest kind of 1944 wheat penny, and can fetch an incredibly high price at auction. 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. The steel cent was made in an effort to conserve bronze for World War II. When it comes to valuing the 1944 steel wheat penny the mint mark, condition and rarity are the key factors which will dictate the overall value. It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. 1-1945 D Wheat penny A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. The following will provide you with a listing of the different coin grades as well as what they . Values, images, and specifications for 1944 penny coins from Australia. The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. However, if it is in uncirculated condition, it could be worth up to $7. This post may contain affiliate links. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat penny. I would upload a picture but it doesnt give me an option to. The 1944 D steel cent is worth nearly $34,000 in average condition. If the Wheat Penny shows any signs of being in outstanding condition, it may be a rare Wheat Penny. The value of a 1943 copper penny depends on the condition and type of the penny. All 1944 wheat pennies, regardless of mint mark, are worth significantly more than their face value. There were five distinct, Read More Analyzing the 2020 Bat Quarter Value: A Comprehensive GuideContinue, Part of the allure that United States currencies bear (especially here in the states) comes from the, Read More Kennedy Half Dollar Value Chart (1964, 1966, 1967, 1968, 1970, 1971, 1972)Continue, The $20 bill has been around since the early 1800s, with its design changing several times over, Read More 5 Most Valuable $20 Bills (Rare One Sold For $411,250)Continue, Your email address will not be published. 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 rarest 1944 penny is the Lincoln mint mark of the Philadelphia Mint (no mint mark on the reverse side). 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. Read more in our privacy policy. These sources describe railroad hopper cars full of shell casings arriving at the Philadelphia Mint. 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. Type: Wheat Penny. It is one of the famous Lincoln coins, and can fetch a high price at auction depending on the version you have. The coin was minted for less than a year and was produced at the Philadelphia Mint. 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. 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. 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. I have inherited a massive coin collection. I have a 1944 penny with a number 8 underneath it. , would my coin worth something? A 1944 "D" wheat penny can be worth up to $45,000 or more under the right circumstances. It is also important to note that the scarcity of a 1944 Wheat Penny depends upon the amount minted at the particular mint which issued the coin. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). If the penny is moved by a magnet, it has steel content, if not it is copper. Wheat pennies from the mid-1940s differ from most other wheat cents. https://imgur.com/zVfYfhZ One 1944 steel cent graded in MS64 without a marksoldfor $180,000 in an auction in June 2021. Good luck! 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. The famous 1944 wheat penny, also called the 1944 Lincoln penny, was designed by Victor David Brenner. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Steel pennies were only made in 1943 and 1944, and are highly sought after for their rarity and historical value. 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 is the 1944 Lincoln penny and what makes it worth $1.1million They may be able to help you discern a fake from a genuine. 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. It is believed that only 30 of these 1944 steel pennies are in existence. 1944 Wheat Penny | Learn the Value of This Coin THE TOP 5 MOST VALUABLE PENNIES | king5.com Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. A popular theory is that some steel coin blanks, or planchets, were left in the hoppers and accidentally distributed. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Different varieties of the 1944 penny were produced at different mints, and some were made in lower quantities than others. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). How Much is a 1944 Penny Worth in 2023? - Forex Education If your 1944 steel cent is authentic, it's worth $75,000 or more. Rare quality 1943 copper pennies or valuable errors can sell for as much as $200,000 or more. Find out more here. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. 4) 1873 Indian Head . 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. 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 . You have come to the right place! 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. What if anything are they worth. Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. Her other hand rests on a shield bearing. 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.. 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. Real Helpful. Here's a rundown of 10 of the most valuable pennies made since 1900: 1909-S Indian Cent. The 1944 steel penny is an incredibly valuable and rare coin that is worth a substantial amount of money. Source: USA CoinBook. Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. 1944 Penny Value | Discover its Worth - CoinStudy Josh @ CoinValues. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Rare Pennies. There are other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. Experts estimate that possibly tens of thousands of these D/S error coins are in existence. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). Design The design of the 1944 penny can also impact its value. I have found the 1944 s wheat coin. 1944 Lincoln Wheat Pennies Values and Prices - CoinValues.com if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-box-3','ezslot_4',173,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-box-3-0');The 1944 wheat penny is a relatively rare and sought after coin, with some versions of the penny being worth significantly more than other years and mints. 3) 1856 Flying Eagle Penny - $25,000. (Rare One Sold for $1,000+)Continue, First established in 1840, Haviland & Co. have been producing fine Limoges in France for almost 200, Read More 14 Most Valuable Haviland China Round-Up List (Sold For $14,000 In October 2021)Continue, Clocks are a miracle of engineering. 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. PCGS has many different coin apps . A 1944 no mint Wheat Penny in good condition can be worth around $2 to $10. 1944 Wheat Penny Value (Rare Errors, "D", "S", and No Mint Mark) (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+). Generally, 1944 Wheat Pennies in "Good" condition are worth between 15 to 20 cents each while those in "Very Good" condition have a value which ranges between 20 to 35 cents each. Thank you for your question, Best wishes, The rarity of 1944 wheat pennies is also supported by their current value. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). No mintmarks typically mean that the piece was minted in Philadelphia. 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. This makes it one of the most heavily traded coins among collectors and those looking to invest in rare coins. 10 potential bargains NFL teams should target in free agency 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. Depending on the design, some 1944 pennies can be more valuable than others. https://imgur.com/N7jYHNP, 1944 s wheat penny Year. Source: USA CoinBook. * The steel 1944 pennies are quite valuable. While they are all quite rare, the 1944-S is the most valuable of the three with a reported mintage of just two. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). 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. Please refer to the other articles for info on values for your other coins: Thank you so much, So, expect them to have a low market value. It shows that all 1944 wheat pennies had the highest mintage in US coinage history. To avoid this, make sure you check the sellers history and whether or not the coin was certified in the listing. Any 1944 Wheat Penny that is deemed to be in "Fine" condition can . So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? Lincoln Wheat and Indian Penny values chart 2023. Abraham Lincolns portrait on the head side of the penny mean that pennies in this series are also called Lincoln pennies. 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 . There are a few key features to look out for to ascertain whether a 1944 wheat penny is genuine or not. The 1943-S was the rarest wheat penny issued, with less than 1,000 ever produced. 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. Silver is one of the oldest forms of money on the planet. What penny coins are worth money? The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. Want to "change" your fortune? Coin apps might help 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. One of their most popular is " CoinFacts .". Otherwise you can get your coin authenticated by a Third Party Grader such as the PCGS (Professional Coin Grading Service). 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. 1944 Australian penny value - All Coin Values Here, well list the average prices the 1944 steel wheat penny currently fetches from cheapest to most expensive. Mintage. This white, lustrous metal appears, Read More How Much Is A $5 Silver Certificate Worth? Thank you for your question! 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. ), 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? Year: 1944. Fine. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. Grading the 1944 Lincoln Penny. 1943 Steel Penny Value (Worth A Million Dollars? What Are the Different Penny Errors and What Are They Worth? Australian coin and banknote values New Zealand predecimal coin values UK coin values - 1801 to 1967 United States coin values - 1792 to present 1-1955 D Wheat penny 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. If your 1943 copper cent or 1944 steel penny is graded as genuine, then congratulations! I have 1944D and 1944S as Well 1944 no mint. It's because of a low rarity level. Image: USA CoinBook. How and where do I upload images? Here, you can look for how well defined the inscriptions and images are. The actual wheat stalks are positioned to the right and left sides edges of the coin. Last Updated 7th January 2023. It's likely to have a value of ten or twenty cents if in circulated condition. However, people complained that these pennies were not strong enough to use as regular currency because they eroded quickly. 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! Whereas 1944 steel pennies, and those with fascinating errors are rare and elusive! . There are 2 variation of the 1944 penny, one made with a metal mixture of both copper and zinc, and the other all copper. Save my name, email, and website in this browser for the next time I comment. If you have a proof coin in PR 63 state, it could fetch as much as $44 or more. 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. Josh @ CoinValues. Extremely fine close to perfect! Unlike Lincoln cents made from 1909 to 1942, which are 95 percent . By Steven Cochran. 1-1927 S Wheat pennies The 1943 copper penny is extremely rare and valuable. 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 . If the penny is moved by a magnet it has steel content, if not it is copper. First, check the penny for the key features of a genuine 1944 wheat penny. 4-1957 D Wheat pennies With even a worn example fetching over $100, its well worth your time to check any 1944-D cents using a magnifying glass. Other scarce wheat pennies include 1909-S Indian Head, 1911-S, 1924-D, 1926-S, 1931-S, and from 1937 to 1958 none of the Philadelphia or Denver issues exist in large quantities above Gem condition. The hardest wheat pennies to find are generally ones that have been relatively well-preserved over the years. 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! 1944 Steel Lincoln Wheat Cent. Undistributed copies can be purchased for approximately $5 each. Here, you can look for how well defined the inscriptions and images are. For a common, circulated 1944 copper wheat penny you probably couldn't get much more than 10. They are some of the most common of common-date Wheat cents. Also it seems to have unusual imprints on Lincolns face. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. Make sure not to confuse these with a 1943 date, as more than a billion steel pennies were produced that year. Basically in mint condition with only perhaps some natural discoloration, highest market value. Steel Wheat. If you have a 1994 wheat penny in your possession or you would like to buy one to add to your collection, you first need to be able to positively identify this coin. 1,435,400,000 wheat pennies struck at the Philadelphia mint. Coin Slabbing Services, This comment was minimized by the moderator on the site, https://coinvalues.com/wheat-pennies/1943, https://coinvalues.com/wheat-pennies/1935, https://coinvalues.com/wheat-pennies/1958, https://coinvalues.com/library/coin-slabbing-services, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66273164_2432053220357404_6694322626694742016_n.jpg?_nc_cat=108&, To My Young Brothers & Sisters at Reddit & Elsewhere. Marie Lynn on September 18, 2019: I have a1983D and 1997double ear penny. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. Here's what's so special about the 1944 steel cent. First of all, any kind of misalignment in the numbers and letters is a giveaway sign of a fake, so make sure you compare your coin to images of certified 1944 steel wheat pennies to check its authenticity. I HAVE TWO .. If it's in extremely good condition (near mint) then maybe worth $1.00. 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. Value: $389,968 I primarily collect and study U.S. coins produced during the 20th century. What happens if you dont get your period with PCOS. Hello, Silvia -- Lincoln Penny Values Chart 2023 (Up To $100,000!) The 1924-D and 1931-S were both issued in limited mintage, making them rarer than other minted pennies. 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. Your unique pennies arent the only thing that might hold value, asnickels,dimes,half dollars,quartersothers could be worth a serious mint. This record would not be broken until 1960, when 2,167,289,000 Lincoln Memorial cents were produced. The Top 16 Most Valuable Pennies - The Spruce Crafts If the penny has a D mint mark (indicating it was minted in Denver) it could be worth $2. 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. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Their site contains lots of helpful images and detailed information about different coins. 1935 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1935 You will find the approximate value of your 1943-D cent here: https://coinvalues.com/wheat-pennies/1943 In a recent auction, a 1944 Penny Sold for $373,000. Required fields are marked *. One rare 1944 Wheat cent to watch out for is the 1944-D/S. 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. What Is the Value of a 1943 Copper Penny? However, 1944 Lincoln cents have generally become quite common, and can be worth around $10-$20 on most banknotes in circulation. For this reason it is also known as the 1944 Lincoln penny. 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. The error on a 1944 penny will depend on the specific coin in question. Value: $59,073. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. Is it worth anything. Your next step is to have your coin authenticated by a third-party coin grading company. There are some very rare ones which were combined with steel. Most coin dealers will only pay a few dollars for them. . Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 1944-D Lincoln Penny (Zinc-coated steel) 1909-S VDB Lincoln Penny. Extremely fine. 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. Don't be the last to know about the latest deals 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. When we say good, fine, extremely fine, and uncirculated condition, what do we mean? Hi, Jill! Generally speaking, the most commonly seen errors on a 1944 penny are die cracks, double dies, and off-centered strikes. Hi, Rosa - Phil, it would be helpful if you uploaded an image(s) of the penny. 1944 D Steel Penny Value. What do you do with these coins? 1-1954 Wheat 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. This will raise the price. It is necessary to use virgin metal with the shell casings. I have a 1944 steel Lincoln wheat penny would like to see what it would be 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. Above the portrait there is an inscription which says in god we trust. Next, you can evaluate the level of preservation. Real People. 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). Check out a list of the most valuable coins in circulation worth up to $9,477. The value of these coins range from several dollars to $1,700 or more, depending on the condition and grade of the coin. 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.
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