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. Type: Wheat Penny. Perhaps youve found or inherited an interesting 1944 wheat penny, and you want to find out a little more about it. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. Traces of the S can still be seen above the top edge of the D mint mark. If the penny has a D mint mark (indicating it was minted in Denver) it could be worth $2. I have a 1944 copper wheat penny thats overstruck on the back,is it worth anything? combined heraldic crosses of UK members. No, not all 1944 pennies are valuable. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. What do you do with these coins? While it is a rare item, its actual value is much less. When we say good, fine, extremely fine, and uncirculated condition, what do we mean? Image: USA CoinBook. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). Are there signs of wearing where the words and images have been rubbed away? You can tell whether you penny is made from copper or steel by holding a magnet to it. 3) 1856 Flying Eagle Penny - $25,000. My love for coins began when I was 11 years old. A 1944 no mint Wheat Penny in uncirculated condition can be worth around $50 to $200 or more. Or you could be a coin enthusiast, on the lookout for rare and unusual pennies for your collection. 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. The 1944 steel wheat pennies are a combination of leftover steel and copper. 1944 D Steel Penny Value. As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. Hi Tommy. Imaged by Heritage Auctions, HA.com. All the best, 1944 Steel Lincoln Wheat Cent. By Steven Cochran. 1944 Wheat Pennies were minted in Philadelphia, San Francisco and Denver. Uncirculated specimens could be worth a few dollars. There are a few key features to look out for to ascertain whether a 1944 wheat penny is genuine or not. Another way to tell if the coin in genuine is to measure and weigh it. The 1944 wheat penny diameter is 19 millimeters across. Please try adding pics using the "Attach file" button. The Lincoln cent, however, wouldn't undergo a temporary, war-related metal composition change until the following year. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? 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. How can I tell if it is worth any money. They can be spotted by the absence of the edge features of the Lincoln cent design. How can I find out or where do I have to look at her a website or whatever to see if this penny is even worth any money? Her other hand rests on a shield bearing. Josh. It is the first time any coin topped the 1 Billion mark. Uncirculated the best of the best! 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? I have a 1944 wheat penny that the markings on the back are off center, to the left. Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. And also make sure you're aware of potential fakes online. To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. 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 . That is a 70-30 alloy -- 70 percent copper and 30 percent zinc -- our equipment will not handle that.. Your next step is to have your coin authenticated by a third-party coin grading company. 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. To determine the value of your 1944 wheat penny, you will need to consider several factors, including the condition of your penny, the design of the penny, the mint mark, and the specific rarity of your penny. 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. A 1944 Uncirculated, or Mint State, wheat penny with no defects may be worth up to $1000. Extremely fine close to perfect! Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. Would you please post a photo of your 1944-S penny here? These can make megabucks, fetching over $1.11 million when in top condition! Source: USA CoinBook. One of their most popular is " CoinFacts .". Any 1944 Wheat Penny that is deemed to be in "Fine" condition can . 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." A popular theory is that some steel coin blanks, or planchets, were left in the hoppers and accidentally distributed. Is a 1944 penny worth any money. $0.40. This makes the 1944 steel wheat penny incredibly rare and hence valuable. 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. 1935 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1935 It is necessary to use virgin metal with the shell casings. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). Hi, Elizabeth -- The steel cent was made in an effort to conserve bronze for World War II. A 1944 penny is worth more than just its face value today. 1944 Wheat Penny. They will use a series of diagnostic factors and tests to determine if your 1944 steel penny or 1943 copper cent are real. If your 1943 copper cent or 1944 steel penny is graded as genuine, then congratulations! Josh @ CoinValues. Uncirculated specimens can be purchased for less than $5 each. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! The Lincoln penny is one of the only two dates that feature zinc-coated steel. 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 . TheLincoln pennyhas been around for more than a century with most coin collectors being familiar with its bronze features. . However, if it is in uncirculated condition, it could be worth up to $7. We will provide you with both a valuation guide and a buying guide. Is it worth anything? This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. The 1924-D and 1931-S were both issued in limited mintage, making them rarer than other minted pennies. During World War II, pennies were produced using steel with a zinc coating. Wheat pennies from the mid-1940s differ from most other wheat cents. How much is all this ? 1909-S VDB Lincoln Cent. 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. Total Weight: 3.11 grams. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Herea a quick guide: It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. You can tell whether you penny is made from copper or steel by holding a magnet to it. (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+). Hello Next, you can evaluate the level of preservation. They are some of the most common of common-date Wheat cents. Whats the Most Expensive Coin Ever Sold? At the top of the coin the phrase E Pluribus Unum is inscribed. While it will probably always remain unknown precisely what caused the 1944 silverpenny, as some call it,what we do know is this the 1944 steel penny has just about as much interest swirling around it as does the 1943 copper cent, an error coin of the opposite kind. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. The most valuable 1944 penny is a 1944 Steel Wheat Penny. However, people complained that these pennies were not strong enough to use as regular currency because they eroded quickly. Here, you can look for how well defined the inscriptions and images are. 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? 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. For a common, circulated 1944 copper wheat penny you probably couldn't get much more than 10. 1944-D Lincoln Wheat Cent Penny: Steel Cent. Here, well reveal more about the fascinating, accidental background of these coins. 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. Buying rare and valuable pennies online is relatively easy if you know what you are looking for. What do I do next . When we say good, fine, extremely fine, and uncirculated condition, what do we mean? So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? However, the value of a 1944 penny made with a copper and zinc mixture can range from 3 cents to up to $20 USD, depending on the condition of the penny. shows Britannia seated facing right, wearing a helmet, and holding a trident. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 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? * The steel 1944 pennies are quite valuable. The famous 1944 wheat penny, also called the 1944 Lincoln penny, was designed by Victor David Brenner. Lincoln Wheat and Indian Penny values chart 2023. Take a look at this video to find out more about the history of this incredible coin, and modern valuation when sold through a public auction. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. One of the most valuable pennies ever minted was the rare 1944 S Steel Wheat and they have sold for over 100,000 in the past. 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. In AU graduations the price range is between $5,875 and $34,500. Yes, as listed above, circulated 1944 Lincoln wheat cents (including those like yours, which have a "D" mintmark indicating its origin at the Denver Mint) are worth 10 to 20 cents. It's estimated that there is only about 25 to 30 of these coins that exist, which makes it an extremely rare and valuable wheat penny! But it sounds like you have an altered, counterstamped 1944 Lincoln cent. You can also try to get a good deal on one online through USA Coin Book or eBay. Are there any scratches or nicks present on the surface of the coin? Hello, I came across this 1944 Penny thats listed I was just wondering the value of it. 1944 wheat penny In 1944, only 7 steel pennies are known to exist with the D mint mark. You can use the upload button below the text form, but it's better to post in our forum: https://coinvalues.com/forum, I have a 1920 1922 1942 1944 1946 1958 wheat pennies can you please tell me they're worth. Unless the origin of the stamp can be traced, such altered 1944 Lincoln cents are generally worth only 2 to 3 cents. , would my coin worth something? Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. 1944. Meanwhile, many coin experts believe there are a few that have yet to be discovered. It is believed that only 30 of these 1944 steel pennies are in existence. * You can sell a copper 1944 for, like maybe $.05, or a nickel. For instance, a 1944-S Lincoln wheat cent graded MS67Rd, sold for $3,290 in 2016. 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). 1-1970 D Many of them never went on the market and remain uncirculated. 1-1969 D By: Author Olin Wade (Remodel or Move Stuff). ), 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. Here's how to tell 1944 Penny Facts. 1-1956 D Wheat penny Are there signs of wearing where the words and images have been rubbed away? Examples of rare 1944 pennies include the 1944-S and 1944-D, which were produced at the San Francisco and Denver mints, respectively. The mint struck about a billion Lincoln pennies . In circulated condition, it is generally worth around 10 to 15 cents. 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! Hi, Jill! 1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade. and new product arrivals. 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'remodelormove_com-leader-4','ezslot_23',166,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-leader-4-0');The wheat pennies that are the rarest are the 1909-S VDB, 1914-D, 1922 (no D), 1924-D, 1931-S, and 1943-S. This change in composition created a unique looking coin that has since become very popular with collectors. The other one is the1943 Lincoln steel penny which is much more common. When researching the value of your penny, it is important to be sure to consult a reputable source. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Here's a rundown of 10 of the most valuable pennies made since 1900: 1909-S Indian Cent. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Fine. However, getting a 1944 steel cent authenticated requires several layers of diagnostic testing an is best done by a third-party coin grading company. Josh @ CoinValues, 1943 "D" one CENT wheat I FOUND wath is the value, Hello, Felipe -- R they worth anything, Hi how are you. As always, the value of coins could depend on grade and condition. 1872 Indian Head Penny. This makes it one of the most heavily traded coins among collectors and those looking to invest in rare coins. The mint mark, when present, can be found on the obverse side of the coin below the date. 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. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. Like it wasnt stamped properly. Some consider the use of shell casings in the production of one-cent coins to be an urban myth, or a patriotic publicity stunt. This is technically called coin grading. 'ONE' and 'PENNY' are in the fields, a. lighthouse is in the background to the left, and the date is in the exergue below. penny from 1943.s 1944 1945.1919 some silver an so copper who or how . . both stick to magnetic, trying to see if they are worth anything. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. With even a worn example fetching over $100, its well worth your time to check any 1944-D cents using a magnifying glass. 10. 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. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. Last Updated 7th January 2023. Save my name, email, and website in this browser for the next time I comment. Technically, these coins were errors, produced mistakenly with a combination of leftover steel blanks and repurposed copper ammunition cases. Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. It proves that shell casings were in fact used to make Lincoln cents from 1944 through 1946. Thank you for your question! Because the 1944 Lincoln penny is so old, collectors only desire to have pieces that have been graded. 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. Hello, James -- Most coin dealers will only pay a few dollars for them. ), 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? But unlike the 1943 date, there is a scarce amount of 1944 steel pennies. If you have a 1944 Wheat Penny, the best way to determine if it is rare is to examine it closely. Auction Record Value. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. 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. The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. 1931-S Lincoln Cent. One 1944 steel cent graded in MS64 without a marksoldfor $180,000 in an auction in June 2021. Using a sensitive mini scale is useful for accurate weighing. Above the portrait there is an inscription which says in god we trust. I'd say to hang onto the coin Hi , I have a ONE CENT 1944 Lincoln penny , How much i can sell? Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! I have read somewhere that this can be caused by improper mixture of metals or from deviations on the press itself. Where can upload the pictures? Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. 5% zinc and/or tin value and weight not included. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. $0.89 - $2.31: 1944 D wheat penny: Good. It sounds to me like environmental damage , so yeah probably just a wheatie.. . Also it seems to have unusual imprints on Lincolns face. Required fields are marked *. There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. Sometimes, steel cents were referred to as silver pennies, due to their color. 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! Value: $59,073. Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. Buying rare and unusual pennies online is pretty easy as long as you know exactly what you are looking for. The D and S marks are the ones that are most valuable, with coins from the Denver and San Francisco Mints respectively. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. You have come to the right place! 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. This white, lustrous metal appears, Read More How Much Is A $5 Silver Certificate Worth? Here, we will equip you with information about the 1944 wheat penny, and its key features such as mint marks and errors. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. . As of 2020, a 1944 steel penny can sell for upwards of $75,000 depending on its condition. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat penny.