Chinese counterfeiters are manufacturing some high-quality counterfeit coins to deceive coin collectors in the United States. They are worth a lot of money! Therefore, because only a small number of pennies were made of copper in 1943 and steel in 1944, they are a rare and valued find for collectors. If the tail of the last digit in the date, the number 3, does not extend well below the bottom of the other numbers in the date, it is probably a cut-in-half 8 (see the photo above). While authentic steel pennies will stick to magnets, fakes that are copper and zinc-coated will not. The US Mint was under contract to produce 2-Francs pieces for Belgium in that year, and the composition and weight of the planchets is indistinguishable from the 1943 "steelies. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. With that level of wear, a real Zn-clad steel penny does not look like yours. The 1944 steel cent is noted on the holder as "Struck on Steel Planchet" rather than "Struck on 1943 Steel Planchet" because there is a possibility that the blank came from a 1944 Belgian 2-Francs coin. Not only is the coin a rarity in all grades with an estimated 75 pieces thought to exist, but most of the survivors are not certifiable due to extreme environmental damage. It doesn't look quite right to me, especially the date. Save my name, email, and website in this browser for the next time I comment. Gave to me before his death , bless his heart. Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011. The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. If the coin sticks to the magnet, it's a copper-plated steel, and therefore a fake. However, if it weighs 2.7 grams, it is a steel penny. The 1943 steel cent is so common and low in value that no one Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. What Else Happened When Your 1944 Penny Was Made? Take it to the folks who run your state electric utility -- they're real smart; they will surely know. These are approximateretail pricesand wholesale values. It's the COPPER '43 that has fakes out there. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. MS64 3,002 views Aug 5, 2016 16 To ensure your 1943 copper penny is not actually steel, do the magnet test. $1,700,000.00 PENNY. Metal was not the only commodity that was critical to the war effort. Another good way to check is search the web for pics of authentic examples in NGC or PCGS holders and compare the characteristics. Anyone that would like to look at it, weigh it, put a magnet on it is more then welcome to do so. They differ in Suffix, Minor Variety, and Die Variety only. According to Cointrackers.com, certain pennies that were minted in 1943 and 1944 top the list of the 25 most valuable pennies for coin collectors in 2023. Click here to Learn How to use Coin Price Charts. However, if you have a rare steel wheat penny, it could be worth more than $100,000. The D or S mintmark is found under the date on the coin. As others have noted, neither four on your coin matches the style of the fours on a 1944. Despite the policy's of eBay, Paypal, and the sellerthe money will likely be very hard to $160,000 dollars. FREE delivery Feb 13 - 14. The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. On my 1944 steel Wheat penny and I tested its weight its is 2.7.It is the real deal.I now am going to get it graded. If your penny has a copper colored appearance, here is how you can authenticate it and tell if it is a genuine 1943 solid copper penny or a fake one. Theres also some sort of doubling or strike though. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. All rights reserved. You can weigh the coin to determine how it compares to the 2.67 grams of a normal steel $7.00 $ 7. So, the mints stopped making Lincoln cents using steel. The finest example (the one illustrated here) is part of the Simpson collection of off-metal 1943 and 1944 Cents, the only complete collection ever assembled of these hugely popular coins. I do have a few 1944 copper pennies. It is important to make sure that your scale is accurate, because the difference is just over 4/10 of a gram. Ages: 168 years and up. Die events, One of a kind errors 4. What Is Happening With This 1972 Penny Rim? 5.0 out of 5 stars 1. The following table lists thebuy price(what you can expect to pay to a dealer to purchase the coin) andsell value(what you can expect a dealer to pay you if you sell the coin). - Coin Community Forum This page may contain links that result in small commissions to keep this free site up and running. The steel cents were officially issued only in 1943, as copper was needed for the war effort. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. I am no expert that is for sure you may want to take it to someone local before sending it off. $14 delivery Feb 28 - Mar 21 . What did the Nazis begin using gas chambers instead of mobile killing units and shooting squads after a while. As the coin began to circulate, it would turn ugly black, and the edges would rust. Idk where to go I'm from Dallas texas and I just don't want to go to just anybody. 1. Yes I did the magnet. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. The 1944 D steel cent is worth nearly $34,000 in average condition. Compared to the real deal (. It may be one of the most valuable pennies ever! What is the reflection of the story of princess urduja? As the totes moved from machine to machine, sometimes a blank from the last batch would get stuck in a crevice. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. WebThe 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. 1944 steel penny I wanna get it graded cause I looked it up and it sticks to the magnet and it weights 2.6 grams so does it mean it's real Hard to tell from uncropped photos, but looks plated to me. Over time, people would find these copperplated steel pennies and think that they found a rare mint error. Lincoln cent as well. Here are some pictures. The coin was sold for $58,201.50 on January 4 to an online bidder. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. WebAnswer: For a real one, probably low to mid five figures. The 1944 Steel Cent is a very rare off-metal striking created when 1) a steel blank left over from 1943 was struck in the normal production run of 1944 Bronze Cents or 2) a steel blank meant for a foreign coin accidentally made it into a bin of bronze cents. Also, you are correct that the 1944 S is the rarest. Here We Go Again. SEND IT IN TO PCGS AND PAY TO HAVE IT GRADED. 1974 D Extra Thickness In The Obverse Of The Coin. Either way it would make sense to grade it andfind out! The weight is right, the magnet works, there are only 15-20 known to exist. 1951-D 1 WRPM-078 Formerly Listed As WoMM-002? https://www.PCGS.com/coinfacts/cointeel/82731). The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Only 3 left. You need to have the penny graded based on its condition if you plan to sell it to a dealer. 1944 S Lincoln Wheat Penny Average Circulated Good to Fine. If the tail of the last digit in the date, the number 3, does not extend well below the bottom of the other numbers in the date, it is probably a cut-in-half 8 (see the photo above). See answer (1) Copy. 1944 Steel A 1944 D Steel Penny in AU 53 sold for over $37,000. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. It says One Cent, and United States of America. There are also two stalks of wheat on the left and right edge, which is why this penny is often called the Wheat penny. Susan B Weird Mint Marks And Oddly Coloured Ones? The Obverse of the 1944 Wheat Penny. This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. Many of these coins were then spent and ended up in circulation alongside genuine Lincoln cents. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. The Magnet Test Once you have a silver colored penny from 1944, you can do a simple magnet test to find out if it is the valuable steel Required fields are marked *. How Do I Tell If a Two Headed Coin Is Genuine? The off-metal rarity is one of the few mint state examples of this error known to exist. Once you have a silver colored penny from 1944, you can do a simple magnet test to find out if it is the valuable steel penny or not. Our company has made one of the best approaches towards customers that we supply premier quality products. Early Jefferson Nickel Values 1938 - 1964, find out if your 1943 copper penny is genuine. The definition is poor throughout. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. The 1944 steel penny is rarely on the market. A teacher walks into the Classroom and says If only Yesterday was Tomorrow Today would have been a Saturday Which Day did the Teacher make this Statement? But a 44 Steel is like finding a 43 Copper . They decided to use steel for the base metal and plate it with pure zinc. This process is the easiest way to tell if your penny is solid copper or copperplated. There are a few very valuable error coins produced in 1943. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. These errors are extremely rare, but if you think you might have a 1943 copper penny or a 1944 steel penny, here's how tofind out if your 1943 copper penny is genuine. When they switched back in 1944, some of the steel planchets were left in the presses, so there were about two dozen steel pennies made in 1944. The 19 and the 44 are inconsistent which concerns me as this coin is often counterfeit. WHAT DO I DO NEXT. The liberty looks doubled but it looks good and weighs 2.7g offers accepted that fit into range. It's easy! The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. - YouTube 0:00 / 7:28 Searching Old Pennies - Found a Fake 1944 "Steel" Penny! Image: usacoinbook. This is a fairly reliable test, and if you find that you have the elusive 1944 steel wheat penny, you have something with significant value. But most importantly, I have a 1944 steel wheat penny. It sticks to the magnet and it weights 2.6 grams, So it can be counterfeit but it sticks to the magnet and it weights 2.6 grams, Not many were known to be around it could be the real deal.It is hard to tell from the photo but the 4 on the end doesnot look like the other 4. The manufacturing process resulted in bare steel exposed on theedge of the coin. Click here to Learn How to use Coin Price Charts. But, although they are uncommon, they are hardly rare. This caused problems with people's clothing leaving a rusting. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Or fastest delivery Wed, Feb 8. These prices make the Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. WebAnswer (1 of 10): Thanks for the A2A but I am quite sure you COULD google this answer for yourself, however you are probably getting Quora Pay for questions so here goes. ONLY YEAR IT WASN'T COPPER! Randy @ 4792875574,,God bless. WebIn 1944 the US mint accidentally produced some steel pennies. SOLD AT AUCTION. And its a little rusty. Got a question? WebThankfully, there are several telltale signs to spotting a fake 1943 copper penny: It sticks to a magnet. Could be plated. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). Have a 1944s wheat penny sticks to magnet and actually found in my purse. However, finding that you have a 1944 penny that is silver in color is not definitive proof. In 2008, a 1944-S steel cent in gem uncirculated sold for $374,000, making it the most valuable Lincoln cent ever sold at the time. 00. Moisture came in contact with the coins as they circulated in commerce. She is a member of the American Numismatic Association (ANA) and holds several certifications. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. If they believe it is authentic, you can ask them to submit it to a third party grading service on your behalf. | TheCoinShow | That better be a fake. Despite the inability to determine its actual value, an MS66 in August 2021 sold for $408,000. SOOUT OF THE APPROXIMATELY 15-20 1944 STEEL WHEAT PENNIES THAT WERE MADE IN ERROR10 OF THEM ARE OWNED BY ALL OF THE PEOPLE THAT POSTED ON HERE?? Getting the 1944 steel wheat pennies in todays market isnt easy. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. Who is Jason crabb mother and where is she? Learn more about your silver-colored1943 Steel Penny. Fortunately, Lincoln cent experts atthird-partygrading servicescan tell the difference by closely inspecting the coin under a stereo microscope. The mint mark is the wrong style and in wrong location. I have ran into a 1944 steel penny about a few months and didnt realize what I had in my possession.So I gave it the magnet test.It stuck to my magnet and its weight is 2.7. Most critical of all was gasoline. Some have asked about my images I use and I'm glad to say, you can now you can see the DVD in sections on youtube: 1. However, these pennies are zinc plated steel with a silver color, similar to the 1943 penny. The copper version is worth around $100, so it does have some value. This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. Only 14 left in stock - order soon. Many people get excited when they see that they have a silver penny, but this could be steel or copper. How much is it worth? Besides the tests you mentioned the only thing I can think of is sending it to be authenticated with a grading company like PCGS.
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