Steel Wheat. And on the front, above the date, is a marking that almost resembles an A? How Much is a 1944 Penny Worth in 2023? - Forex Education Their novelty can bump up the price of a 1944 wheat penny, so look out for these unusual error coins! I have 1944D and 1944S as Well 1944 no mint. This is why it is classed as one of the 1944 wheat error pennies. The most valuable wheat pennies are usually those that are in pristine condition and possess a rare date and mint mark combination. Another possibility is that some planchets for Belgian two-franc coins (which the Philadelphia mint briefly made for the European nation) were accidentally struck with the Lincoln cent dies. Different varieties of the 1944 penny were produced at different mints, and some were made in lower quantities than others. Josh. If you have a 1944 Wheat Penny, the best way to determine if it is rare is to examine it closely. The Lincoln penny is one of the only two dates that feature zinc-coated steel. Marie Lynn on September 18, 2019: I have a1983D and 1997double ear penny. The S was buffed out and replaced with a D mint mark for Denver. The most valuable 1944 penny is a 1944 Steel Wheat Penny. This post may contain affiliate links. 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. Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. $77,000-$100,000. Is a 1944 penny worth any money. 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 . 1802 Draped Bust Half Dollar. Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. If you collect coins, you know about the 1943 steel Lincoln cent. 1944. A published writer, Steven's coverage of precious metals goes beyond the daily news to explain how ancillary factors affect the market. 1944 Steel Penny Facts | The U.S. Coins Guide Herea a quick guide: It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Signs of a rare 1944 Wheat Penny include the year minted being strongly dual, an upright W in wheat stalks, full separation without malforming between wheat stalks, an S mintmark, and crisp, clear strikes with no weakness. Extremely fine. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). My recommendation would be to submit the steel penny to a grading service (NGC or PCGS) and list it for auction. According to the American Financial Services Association, the 1944 steel wheat penny is the most common version of the steel wheat penny. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-narrow-sky-1','ezslot_29',168,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-narrow-sky-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-narrow-sky-1','ezslot_30',168,'0','1'])};__ez_fad_position('div-gpt-ad-remodelormove_com-narrow-sky-1-0_1');.narrow-sky-1-multi-168{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}Additionally, look for evidence of discoloration, such as residues that could have been left from past contaminants, as well as any other signs of wear that could reduce its grading score. The value of a 1943 copper penny depends on the condition and type of the penny. The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. The 1944 D steel penny in average condition can be worth $34,000, while those with no mint mark in average condition are worth around $28,000. Copper was in short supply because it was needed for ammunitions purposes during the war. Josh @ CoinValues, Nicole, The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). The exact worth of a 1944 wheat penny can vary greatly depending on its condition. Make sure not to confuse these with a 1943 date, as more than a billion steel pennies were produced that year. 1944-D Lincoln Wheat Cent Penny: Steel Cent. It is the first time any coin topped the 1 Billion mark. . Required fields are marked *. 2-1950 D Wheat pennies The mint struck about a billion Lincoln pennies . Basically in mint condition with only perhaps some natural discoloration, highest market value. Pawn Stars. Design The design of the 1944 penny can also impact its value. Check your inbox or spam folder to confirm your subscription. 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. 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? Look out for any kind of suspicious texture such as a bubbly look, or letters and numbers which looks slightly too rounded compared to an authentic coin. A low grade example can sell for about $20 with higher end mint-state coins selling for several thousand dollars at auction. 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. 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. Answer (1 of 7): There are two basic kinds of 1944 penny: those made from steel, and those made from copper. 1914-D Lincoln Cent. Wheat pennies from the mid-1940s differ from most other wheat cents. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. 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. Real People. The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. 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. 1944 wheat pennies have become a favorite of collectors, and its not uncommon for years to pass between when the same coin is made available for purchase. The 1943 copper penny is extremely rare and valuable. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. The only other penny which was crafted using zinc-coated steel is the 1943 Lincoln penny. Is a 1944 penny worth any money. Also it seems to have unusual imprints on Lincolns face. 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. Condition The condition of your 1944 penny is a major factor in determining its value. Manage Settings 1943-P Lincoln Wheat Cent Penny: Bronze/Copper. PCGS has many different coin apps . The 1944-D Wheat Penny is also quite valuable, worth up to $85 for a circulated coin and up to $1,500 for an uncirculated coin. The D and S marks are the ones that are most valuable, with coins from the Denver and San Francisco Mints respectively. Look for any errors or discrepancies in the characteristics of the penny. Here, we will equip you with information about the 1944 wheat penny, and its key features such as mint marks and errors. 50 depending on its condition. Around 2.1 million wheat pennies were produced in 1944, more than any other year! Good luck! 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. Uncirculated specimens can be purchased for less than $5 each. Why is 1944 wheat penny rare? - coalitionbrewing.com 1944 Lincoln Wheat Penny Value Guide - Gainesville Coins In that respect, production of 1942 Lincoln Wheat Penny . Total Weight: 3.11 grams. 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. 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. Josh @ CoinValues, 1943 "D" one CENT wheat I FOUND wath is the value, Hello, Felipe -- 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. 5 Important Things I Learned About Buying Rare Coins. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Extremely fine . As of 2020, a 1944 steel penny can sell for upwards of $75,000 depending on its condition. 2-1958 D Wheat penny This makes it one of the most heavily traded coins among collectors and those looking to invest in rare coins. 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! This penny is also worth much more than face value. 50 to $7. Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. 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. Josh @ CoinValues. Uncirculated the best of the best! There are perhaps only 20 or 30 1944 steel cents that were minted in Philadelphia, between 7 and 10 minted in Denver, and only 2 minted in San Francisco. * The steel 1944 pennies are quite valuable. I have a 1944 penny with a number 8 underneath it. Idk How much is it worth? Is a 1944 penny valuable? - JacAnswers 1944 Lincoln Wheat Penny Value Guide (Up to $373,750)! [Anual] Charts 1-1955 D Wheat penny Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). I have several well many pennies. Generally speaking, the most commonly seen errors on a 1944 penny are die cracks, double dies, and off-centered strikes. This record would not be broken until 1960, when 2,167,289,000 Lincoln Memorial cents were produced. Image: USA CoinBook. The 1944 wheat penny is a must-have for coin collectors everywhere! Technically, these coins were errors, produced mistakenly with a combination of leftover steel blanks and repurposed copper ammunition cases. What's The 1944 Penny Value? If You've Got A 1944 Wheat Penny, 1944 Rare Pennies. 3) 1856 Flying Eagle Penny - $25,000. The first thing youll want to do is check places in your home or any places you may store change. 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. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. During World War II, pennies were produced using steel with a zinc coating. Uncirculated specimens can be bought for around $5 each. Your unique pennies arent the only thing that might hold value, asnickels,dimes,half dollars,quartersothers could be worth a serious mint. Is a 1974 penny worth any money? - IronSet Your next step is to have your coin authenticated by a third-party coin grading company. Examples of difficult -to-find coins would be 1909-S V. D. B. , 1914-S, 1931-S, and 1955 doubled die. One with a "D" mintmark in Extremely Fine condition could sell for about twenty cents. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. The 1924-D and 1931-S were both issued in limited mintage, making them rarer than other minted pennies. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, How Much Is A $5 Silver Certificate Worth? On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One Cent.. Read more in our privacy policy. 4. If the Wheat Penny shows any signs of being in outstanding condition, it may be a rare Wheat Penny. A badly damaged and worn coin is lower quality and will lower the value. Circulated 1944-S Lincoln Wheat Pennies are worth between ten and twenty cents, depending on the condition. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. 1943. As always, the value of coins could depend on grade and condition. The 1944 wheat penny diameter is 19 millimeters across. Like it wasnt stamped properly. 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 1944 D steel penny in average condition can be worth $34,000, while those with no mint mark in average condition are worth around $28,000. If you buy thru these links, we may earn a commission at no additional cost to you. Ensure you thoroughly research the exact edition of the coin you would like. This video is all about the 1944 Penny. I have one as well, have you found any info on it? I have read somewhere that this can be caused by improper mixture of metals or from deviations on the press itself. 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. 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. 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. Hello, I came across this 1944 Penny thats listed I was just wondering the value of it. If you could post a couple of photos that would help. That is a 70-30 alloy -- 70 percent copper and 30 percent zinc -- our equipment will not handle that.. While it's not an easy task by any means, there are multiple ways to go aboutfinding rare coins. Prices range from around 20 cents in circulated condition, to 35 cents in uncirculated.
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