When researching the value of your penny, it is important to be sure to consult a reputable source. If you buy thru these links, we may earn a commission at no additional cost to you. 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. If your 1944 does NOT stick to a magnet and looks like a regular cent then your piece is relatively common and worth 5 to 10 cents." Extremely fine. If you find a D beneath 1944 this is the mintmark of the Denver mint. If your 1944 steel cent is authentic, it's worth $75,000 or more. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Die cracks can cause parts of the design, lettering, and date to be missing on the surface of the coin. Always make sure you are buying pennies from a reputable seller. Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. My love for coins began when I was 11 years old. Others can show streaks of color where minute traces of gunpowder primer made it through the cleaning process and into the alloy of a coin blank. A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. In that respect, production of 1942 Lincoln Wheat Penny . Year: 1944. 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. It should weigh 3.1 grams. Fingers crossed! 56 1944 Penny Value Locate the correct position on the chart finding 1944 penny value. In fact, there are thousands of counterfeit 1943 copper cents and 1944 steel cents floating around, and the trick comes in knowing how to spot them. It is necessary to use virgin metal with the shell casings. One with a "D" mintmark in Extremely Fine condition could sell for about twenty cents. If you have a proof coin in PR 63 state, it could fetch as much as $44 or more. Michael, as Josh pointed out in the community, "The rare 1944 steel cent sticks to a magnet and looks silver in color. 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. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. Manage Settings Coin Values & More - CoinTrackers. Usually reputable sellers include very detailed information and several photographs in the coin listing. No mintmarks typically mean that the piece was minted in Philadelphia. Examples of rare 1944 pennies include the 1944-S and 1944-D, which were produced at the San Francisco and Denver mints, respectively. 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. Like it wasnt stamped properly. 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. Required fields are marked *. Prices range from around 20 cents in circulated condition, to 35 cents in uncirculated. It is believed that only 30 of these 1944 steel pennies are in existence. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. penny from 1943.s 1944 1945.1919 some silver an so copper who or how . 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. Hi. The Draped Bust Half Dollar is one of the most valuable half dollars, worth an estimated $117,500 at an auction in 2015. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. 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. Is it worth anything? These coins of course retain a silvery color. 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. Don't be the last to know about the latest deals One in good condition can fetch $100-500. It's worth mentioning that the value of a 1944 no mint Wheat Penny can also fluctuate based . As mentioned in the article above, an average circulated 1944 Lincoln wheat cent is generally worth 10 to 20 cents. Copper 1944 wheat pennies with no mint marks, D mint marks, and S mint marks are found all over the place. Josh @ CoinValues. 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. Composition: 95% copper, 5% zinc. 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! In general, wheat pennies minted before 1959 can be worth anywhere from a few cents to several hundred dollars depending on condition, rarity and overall desirability. Total Weight: 3.11 grams. Type: Wheat Penny Year: 1944 Face Value: $0. Copper and bronze were being used in the manufacture of ammunition during World War II, so a cheaper and more readily available material steel was substituted. 50 to $25. 1-1956 D Wheat penny 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. What penny coins are worth money? 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. are these worth anything? Steel Wheat. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. That will get you the highest price. Make sure not to confuse these with a 1943 date, as more than a billion steel pennies were produced that year. https://imgur.com/zVfYfhZ Her other hand rests on a shield bearing. Your email address will not be published. Perhaps youve found or inherited an interesting 1944 wheat penny, and you want to find out a little more about it. 3-1944 Wheat pennies Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. If your 1943 copper cent or 1944 steel penny is graded as genuine, then congratulations! Is it worth anything. A 1944 no mint Wheat Penny in uncirculated condition can be worth around $50 to $200 or more. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! Please refer to the other articles for info on values for your other coins: Next, you can evaluate the level of preservation. Image courtesy of My Road to Wealth and Freedom. What do I do next . For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. This will help you to value it and make sure you get the right price for it, or make sure you are paying the right price! 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. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. What do you do with these coins? 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. Fine. Check your inbox or spam folder to confirm your subscription. You might have inherited or found a 1944 wheat penny or become interested in adding this coin to your collection. Josh. combined heraldic crosses of UK members. Wheat pennies from the mid-1940s differ from most other wheat cents. Extremely fine close to perfect! 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. The 1943-S was the rarest wheat penny issued, with less than 1,000 ever produced. Your next step is to have your coin authenticated by a third-party coin grading company. 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. No, not all 1944 pennies are valuable. 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. On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One Cent.. The other one is the1943 Lincoln steel penny which is much more common. The exact worth of a 1944 wheat penny can vary greatly depending on its condition. What is a 1944 penny worth? 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). I'm afraid the photo did not upload correctly. 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. Also, steel cents are by their very metallic nature magnetic, so a 1944 penny that appears to be silvery in color should be tested with a magnet to ensure that it is indeed the real deal. For this reason it is also known as the 1944 Lincoln penny. (Melbourne mint variety). Which 1944 s penny is worth a lot of money? $0.89 - $2.31: 1944 D wheat penny: Good. What Are the Different Penny Errors and What Are They Worth? As a result, only a limited number of coins were made with a limited amount of metal. 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. R they worth anything, Hi how are you. Here, you can look for how well defined the inscriptions and images are. Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. They are some of the most common of common-date Wheat cents. Grading the 1944 Lincoln Penny. Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. While they are all quite rare, the 1944-S is the most valuable of the three with a reported mintage of just two. * The steel 1944 pennies are quite valuable. Find out more here. With these resources, you can make an informed decision as to the approximate value of your 1944 wheat penny. I have inherited a massive coin collection. A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. The penny was originally minted in silver, but from the late 18th century it was minted in . Experts estimate that possibly tens of thousands of these D/S error coins are in existence. 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!). 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. It would be helpful if you would please upload a photo of your 1944 Lincoln cent with missing ME so I can better assist you. While the face value of a 1944 penny is 1 cent, the coin is worth about 15 cents. If the penny is moved by a magnet, it has steel content, if not it is copper. 1944-D Lincoln Penny (Zinc-coated steel) 1909-S VDB Lincoln Penny. These can make megabucks, fetching over $1.11 million when in top condition! But some may not be aware of the steel penny and what it could be worth. I have 1944D and 1944S as Well 1944 no mint. There are a few key features to look out for to ascertain whether a 1944 wheat penny is genuine or not. A badly damaged and worn coin is lower quality and will lower the value. Thank you Of course, there was no silver content in these coins; just steel and zinc. Additionally, some of the metal used was salvaged from melted-down ammunition and shell casing, making the coins even rarer. They may be able to help you discern a fake from a genuine. Separately, I uncovered Congressional testimony to the same effect. 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. 1931-S Lincoln Cent. 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. I'd say to hang onto the coin Hi , I have a ONE CENT 1944 Lincoln penny , How much i can sell? Would you please post a photo of your 1944-S penny here? Equipping yourself with knowledge is the best way to identify fakes and become familiar with the key ID features of your chosen coin. Otherwise this may require a coin experts eye for positive identification! As always, the value of coins could depend on grade and condition. With even a worn example fetching over $100, its well worth your time to check any 1944-D cents using a magnifying glass. 1.1944 Steel Wheat Penny. 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. 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. There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. This video is all about the 1944 Penny. While it is a rare item, its actual value is much less. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. I have a 1944 wheat penny no mint mark great condition what's it worth text me the value 2075507436, Hi I was wondering how much these 1944 wheat pennies will cost? In circulated condition, it is generally worth around 10 to 15 cents. 1935 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1935 Condition The condition of your 1944 penny is a major factor in determining its value. 1-1930 Wheat penny 5. The consent submitted will only be used for data processing originating from this website. Next, you can evaluate the level of preservation. The steel cent was made in an effort to conserve bronze for World War II. To make a long story short, grading is nothing more than having the coin's condition professionally assessed. Your unique pennies arent the only thing that might hold value, asnickels,dimes,half dollars,quartersothers could be worth a serious mint. 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. If the penny has a D mint mark (indicating it was minted in Denver) it could be worth $2. 2-1950 D Wheat pennies Thank you. A 1944 Uncirculated, or Mint State, wheat penny with no defects may be worth up to $1000. Year. How much damage has the coin sustained over years of use? 1-1969 D The following will provide you with a listing of the different coin grades as well as what they . ), 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 can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. With over 430 million 1944-D Wheat cents minted, it is estimated that tens of thousands of 1944-D/S error coins exist. 1944 Steel Lincoln Wheat Cent. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. Has any one seen a 1955 penny with 55 over 55 and has crack runs through the 55 and missing the word trust. This makes the 1944 steel wheat penny incredibly rare and hence valuable. Uncirculated specimens can be bought for around $5 each. The actual wheat stalks are positioned to the right and left sides edges of the coin. Another way to tell if the coin in genuine is to measure and weigh it. Thank you for your question! Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. Sutton not only enjoyed the best year of his career, but he also arguably played like a top-10 cornerback. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Prices Calculator only figures the copper melt value of Pre-1982 U.S. Lincoln 95% Copper Pennies. , would my coin worth something? 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Watch out, because the 1944 steel wheat penny has been sold for over $1.11 million! Save my name, email, and website in this browser for the next time I comment. Hello, Marcus - Average value: 1944 wheat penny no mint mark: Good. Josh @ CoinValues, Nicole, 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. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. Read more in our privacy policy. Hi, Elizabeth -- All 1944 wheat pennies, regardless of mint mark, are worth significantly more than their face value. 1955 Doubled Die . And also make sure you're aware of potential fakes online. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. How much damage has the coin sustained over years of use? [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. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. Last Updated 7th January 2023. There are other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. The mint struck about a billion Lincoln pennies . Wheat pennies are commonly graded using the Sheldon Grading System, which goes from 1 to 70, and prices vary greatly depending on the grade. a few week ago i picked up a coin which is 1944 can you tell me if it worth anything? Here is our pennies worth money list based on recent auction records. 'ONE' and 'PENNY' are in the fields, a. lighthouse is in the background to the left, and the date is in the exergue below. 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. Meanwhile, many coin experts believe there are a few that have yet to be discovered. Best, The official mintage for the 1922 small cent is 1,243,635 and they are tough to find. During World War II, pennies were produced using steel with a zinc coating. The mint mark, when present, can be found on the obverse side of the coin below the date. How and where do I upload images? In the case of the 1943 copper cent, often bona fide 1948 cents are manipulated. Its pretty neat. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. 4) 1873 Indian Head . 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. (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+). They can be spotted by the absence of the edge features of the Lincoln cent design. How do I know if my 1955 penny is double die? 1944 d wheat penny 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.. 1944 D Steel Penny 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. 1872 Indian Head Penny. 1924 D Wheat Penny. Our equipment will not work shell casings as they are. 1-1945 D Wheat penny One 1944 steel cent graded in MS64 without a marksoldfor $180,000 in an auction in June 2021. 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. This will raise the price. Also it seems to have unusual imprints on Lincolns face. 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. 50 to $7. If you are still unsure, you can try posting images of your coin on forums such as Coin Community. . 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. A badly damaged and worn coin is lower quality and will lower the value. Design The design of the 1944 penny can also impact its value. 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. Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. I have a 1944 wheat penny. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? Silver is one of the oldest forms of money on the planet. A 1944 wheat penny is considered rare because they were not made with a large mintage. Some other things you can try include using a metal detector in known areas for buried treasure and by stopping by your local bank branch and asking for a wrapper of pennies. All the best, Auction Record Value. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. Hello, I have 1944 wheat penny that has an error at the back, missing letter ME for AMERICA, is this penny worth something? Here, you can look for how well defined the inscriptions and images are.
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