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1955 Doubled Die . 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). If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. Auction Record Value. Real Helpful. On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One Cent.. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. It should weigh 3.1 grams. A published writer, Steven's coverage of precious metals goes beyond the daily news to explain how ancillary factors affect the market. Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. 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. That will get you the highest price. Fine. In fact, theres about a half-gram difference, which is easily measurable on a coin scale. 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. 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. By: Author Olin Wade (Remodel or Move Stuff). Join us today for FREE! I would upload a picture but it doesnt give me an option to. 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. Please try adding pics using the "Attach file" button. https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&_nc_oc=AQn4yMdkynE8XmWiG8QosFszb-OnJJJf0xD6uAs_mba5KtGhslRjvfxOT4mQQ2zztnU&_nc_ht=scontent-iad3-1.xx&oh=b4a5f6a6aca7e05794bc9c949f2cddb2&oe=5DB1DF2B Further increasing the rarity of 1944 wheat pennies is the fact that they were not made with the steel core that other coins had during the war. This post may contain affiliate links. The composition of 1944 pennies (or Lincoln Wheat penny coins) is 95% copper, 5% zinc. They are some of the most common of common-date Wheat cents. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. Are there signs of wearing where the words and images have been rubbed away? If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. The lowest starting price is $0.19 for a coin in average condition. I have two 1943 steel penny's one with mint mark S and one with no mint mark. 1-1970 D Michael, as Josh pointed out in the community, "The rare 1944 steel cent sticks to a magnet and looks silver in color. The steel cent was made in an effort to conserve bronze for World War II. 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. This was still far better than the previous year, when the War Production Board refused to let the US Mint have any copper at all, forcing them to make Lincoln cents out of zinc-coated steel. Phil, it would be helpful if you uploaded an image(s) of the penny. Sometimes, steel cents were referred to as silver pennies, due to their color. If it's Uncirculated, expect it to be priced at around 35 cents. I have a 1944 wheat penny that the markings on the back are off center, to the left. He'll likely end up with a good chunk of dough in free agency, but it's hard to believe . And on the front, above the date, is a marking that almost resembles an A? 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. Grading the 1944 Lincoln Penny. Type: Wheat Penny Year: 1944 Face Value: $0. A 1944 "D" wheat penny can be worth up to $45,000 or more under the right circumstances. 4. I have an unusual 1994-D what penny with what appears to have the edges and some letters missing. Next, you can evaluate the level of preservation. I'm not sure if you would call it a lamination error, or a cracked skull. 1944 Steel Lincoln Cent. It is the first time any coin topped the 1 Billion mark. Additionally, wheat pennies can have a variety of mint marks, meaning where it was made, located on the reverse side of the coin. The price of your 1944 penny will increase if it is a rare variety. 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). 2) 1943 Copper Wheat Penny - $250,000. R they worth anything, Hi how are you. Above the portrait there is an inscription which says in god we trust. The condition of the coin, the mint mark, and any other notable errors make it one of the most valuable coins on the market. The famous 1944 wheat penny, also called the 1944 Lincoln penny, was designed by Victor David Brenner. In this mint, 991,655,000 coins were minted. Ensure you thoroughly research the exact edition of the coin you would like. I have 1944 steel one please check photos, at first, I thought it was from another coin, but at closer inspection, I noticed that the error is actually part of this coin. 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. Circulated 1944-S Lincoln Wheat Pennies are worth between ten and twenty cents, depending on the condition. Wheat pennies from the mid-1940s differ from most other wheat cents. No, not all 1944 pennies are valuable. Technically, the lack of tin meant that these coins were made of brass, not bronze. 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? Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. 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. 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! These sources describe railroad hopper cars full of shell casings arriving at the Philadelphia Mint. Some consider the use of shell casings in the production of one-cent coins to be an urban myth, or a patriotic publicity stunt. I HAVE TWO .. https://imgur.com/N7jYHNP, 1944 s wheat penny Extremely fine close to perfect! 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 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. Image: USA CoinBook. Your unique pennies arent the only thing that might hold value, asnickels,dimes,half dollars,quartersothers could be worth a serious mint. 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. Also it seems to have unusual imprints on Lincolns face. https://imgur.com/zVfYfhZ 5 Important Things I Learned About Buying Rare Coins. Hi, Jill! The value of these coins range from several dollars to $1,700 or more, depending on the condition and grade of the coin. If you collect coins, you know about the 1943 steel Lincoln cent. hi i have a penny that say 1944 and im wondering how much its worth i saw on the site that only 30 exist and is worth 75000 to 375000 so i would like to know how much its worth? Stay up to date with everything about U.S Coins, We dont spam! For this reason it is also known as the 1944 Lincoln penny. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). Hello, James -- For a common, circulated 1944 copper wheat penny you probably couldn't get much more than 10. Rare quality 1943 copper pennies or valuable errors can sell for as much as $200,000 or more. These pennies were made at the Denver Mint from a die that accidentally had an S mintmark (for San Francisco) punched into them. Buying rare and unusual pennies online is pretty easy as long as you know exactly what you are looking for. 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. But it sounds like you have an altered, counterstamped 1944 Lincoln cent. Brass Lincoln cent planchets from 1942 likely languished in the coin hoppers and were fed down the line to be stamped with 1943 Lincoln cent dies. However, luster still has a major influence on eye appeal. Due to a shortage of tin, only copper and zinc were available to make Wheat cents from 1944 to 1946. Idk How much is it worth? are these worth anything? If you have a 1944 Wheat Penny, the best way to determine if it is rare is to examine it closely. It proves that shell casings were in fact used to make Lincoln cents from 1944 through 1946. 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? The 1944 Steel Wheat Penny Value can be from $9000 up to half a million dollars. How and where do I upload images? 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. This coin is notable for its copper and zinc combination the wheat pennies which came before were crafted from copper zinc and tin. Thank you so much, Prices Calculator only figures the copper melt value of Pre-1982 U.S. Lincoln 95% Copper Pennies. 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. What Is the Value of a 1943 Copper Penny? The 1943-S was the rarest wheat penny issued, with less than 1,000 ever produced. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. However, some of the new copper was mixed in with steel blanks that were left over from production during the war. Another way to tell if the coin in genuine is to measure and weigh it. If the penny is moved by a magnet, it has steel content, if not it is copper. Traces of the S can still be seen above the top edge of the D mint mark. In circulated condition, it is generally worth around 10 to 15 cents. I've never seen anything like this. 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! Uncirculated specimens can be purchased for less than $5 each. What happens if you dont get your period with PCOS. 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. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. 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??? These were pennies that were minted at the Denver Mint, but mistakenly stamped originally with an S mint mark for San Francisco. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. How much is all this ? Mint Mark Your 1944 wheat penny may also contain a mint mark, which will vary depending on the mint it was created at. A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. The Lincoln penny is one of the only two dates that feature zinc-coated steel. The value of a 1943 copper penny depends on the condition and type of the penny. Required fields are marked *. 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My recommendation would be to submit the steel penny to a grading service (NGC or PCGS) and list it for auction. There are auction companies throughout the United States that would love to put a coin like yours on the block. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Your text to link. Steel pennies were only made in 1943 and 1944, and are highly sought after for their rarity and historical value. The current value of a 1944 all copper penny is around $105 USD. It's worth mentioning that the value of a 1944 no mint Wheat Penny can also fluctuate based . I have a 1944 penny with a number 8 underneath it. If the penny does not have a mintmark then it was minted in Philly. 1944 marked the return of copper to the Lincoln Wheat Penny coins, though the denomination wasnt struck with exactly the same composition as in 1942. A 1944 D wheat penny can be worth up to $45,000 or more under the right circumstances. You can tell whether you penny is made from copper or steel by holding a magnet to it. 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.