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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." These United States one cents coins all sold at auction for record prices, however the most valuable Lincoln cents were sold privately to an anonymous buyer from United States in 2010 and 2018.. Hi, George -- Year. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. While some believe all coins of this type are worth substantial sums of money because they are so rare, it is essential to remember that not all examples are equal - some are worth much more than others . 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. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. 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). If you collect coins, you know about the 1943 steel Lincoln cent. 1944 d wheat penny Required fields are marked *. Pawn Stars. A long-term spike in tin prices forced the US Mint to make Lincoln cents with just copper and zinc again from 1962 to 1982. If the penny does not have a mintmark then it was minted in Philly. 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! So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? What do you do with these coins? 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? Roger W. Burdette was perhaps the foremost numismatic historian of our era. You can also post a photo of this 1944 cent in our Forum: https://coinvalues.com/forum 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? 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? Uncirculated specimens can be bought for around $5 each. The 1943 copper penny is extremely rare and valuable. Josh @ CoinValues. 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. 2) 1943 Copper Wheat Penny - $250,000. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'remodelormove_com-medrectangle-4','ezslot_3',156,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-medrectangle-4-0'); The 1944 wheat penny would be incredibly rare and valuable with this mint mark and can be worth hundreds of thousands of dollars. Type: Wheat Penny. Undistributed copies can be purchased for approximately $5 each. If your 1944 steel cent is authentic, it's worth $75,000 or more. Mint Mark Your 1944 wheat penny may also contain a mint mark, which will vary depending on the mint it was created at. Next, you can evaluate the level of preservation. 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. Using a magnifying glass is recommended. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat penny. It should weigh 2.7 grams. 1943-P Lincoln Wheat Cent Penny: Bronze/Copper. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Is it worth anything? A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. All of these errors can affect the value of the 1944 penny, and a coin collector can examine the coin and provide an estimate of the value based on specific errors, grading, and condition. A 1944 Uncirculated, or Mint State, wheat penny with no defects may be worth up to $1000. From the San Francisco mint, they struck 282,760,000 1944 wheat pennies. Latest Offers, Straight To Your Inbox. With over 430 million 1944-D Wheat cents minted, it is estimated that tens of thousands of 1944-D/S error coins exist. 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 makes it one of the most heavily traded coins among collectors and those looking to invest in rare coins. How much is it worth? Thank you for your question! 5 Important Things I Learned About Buying Rare Coins. As always, the value of coins could depend on grade and condition. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Approximately 30 or so 1944 steel cents are thought to exist, with each sporting a price tag ranging from $75,000 to more than $375,000, based on grade. (Melbourne mint variety). 1943 Steel Penny Value (Worth A Million Dollars?). You have come to the right place! 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? The 1922 penny, which does not have a D (Denver mint) mint mark, is the result of a flaw in the mints process that caused the D to be missing. A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. With even a worn example fetching over $100, its well worth your time to check any 1944-D cents using a magnifying glass. At the top of the coin the phrase E Pluribus Unum is inscribed. The 1944 wheat penny is a must-have for coin collectors everywhere! 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. 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. More than 2 billion wheat pennies were made in 1944, but that doesn't mean that there aren't important 1944 Lincoln cents that are worth a lot of money. Join us today for FREE! 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. Check your inbox or spam folder to confirm your subscription. $0.20. 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 . Depending on the design, some 1944 pennies can be more valuable than others. Steel Wheat. Source: USA CoinBook. For instance, a 1944 wheat penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Ensure you thoroughly research the exact edition of the coin you would like. Silver is one of the oldest forms of money on the planet. Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! Are there any scratches or nicks present on the surface of the coin? Additionally, some of the metal used was salvaged from melted-down ammunition and shell casing, making the coins even rarer. 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. 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. [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. You can tell whether you penny is made from copper or steel by holding a magnet to it. All 1944 wheat pennies, regardless of mint mark, are worth significantly more than their face value. Please refer to the other articles for info on values for your other coins: Of all the cents currently in circulation these pennies are worth the most money. The most valuable wheat pennies are usually those that are in pristine condition and possess a rare date and mint mark combination. If you have a 1994 wheat penny in your possession or you would like to buy one to add to your collection, you first need to be able to positively identify this coin. Steel pennies were only made in 1943 and 1944, and are highly sought after for their rarity and historical value. . The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). 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. Dont be afraid to ask questions to find out more most coin enthusiasts are happy to share information and spread their knowledge. $0.40. The 1944 wheat penny is a must-have for coin collectors everywhere! In that respect, production of 1942 Lincoln Wheat Penny . ), 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. There are a few key features to look out for to ascertain whether a 1944 wheat penny is genuine or not. Fingers crossed! Most coin dealers will only pay a few dollars for them. If you are still unsure, you can try posting images of your coin on forums such as Coin Community. Thank you To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). 1944 wheat penny Please peruse our Lincoln Wheat Penny info pages for more information on each of your coins. Michael, as Josh pointed out in the community, "The rare 1944 steel cent sticks to a magnet and looks silver in color. 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. Separately, I uncovered Congressional testimony to the same effect. How much damage has the coin sustained over years of use? 3-1944 Wheat pennies Basically in mint condition with only perhaps some natural discoloration, highest market value. 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. So, expect them to have a low market value. Look for any errors or discrepancies in the characteristics of the penny. Face Value: $0.01. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-box-3','ezslot_4',173,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-box-3-0');The 1944 wheat penny is a relatively rare and sought after coin, with some versions of the penny being worth significantly more than other years and mints. I'm afraid the photo did not upload correctly. If you have verified the correct positioning of all the inscriptions and imagery, and used a magnet to confirm the composition is partially steel, how can you tell if its a fake or not? Using a sensitive mini scale is useful for accurate weighing. . I have a 1944 copper wheat penny thats overstruck on the back,is it worth anything? At a pawn shop, collectors can pay premium values for high-grade 1942 pennies. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? In a recent auction, a 1944 Penny Sold for $373,000. Extremely fine . 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. 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. are these worth anything? How do I know if my 1955 penny is double die? 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 bottoms of all of the numerals in the date of 1948 pennies, on the other hand, fall roughly in line with each other. Read on to find out what makes these 16 coins the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. You might have inherited or found a 1944 wheat penny or become interested in adding this coin to your collection. . However, 1944 Lincoln cents have generally become quite common, and can be worth around $10-$20 on most banknotes in circulation. 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. And on the front, above the date, is a marking that almost resembles an A? (Rare One Sold for $1,000+)Continue, First established in 1840, Haviland & Co. have been producing fine Limoges in France for almost 200, Read More 14 Most Valuable Haviland China Round-Up List (Sold For $14,000 In October 2021)Continue, Clocks are a miracle of engineering. Regardless, one thing is, Read More The 1982 Penny Value Chart (Most Valuable Penny Sold for $18,800)Continue, With coin collectingas with all types of collectingolder is always better. This post may contain affiliate links. 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. Is it worth anything. It wouldnt be relatively difficult to remove the left side of the 8 on the 1948 Lincoln cent, which is why many counterfeit 1943 copper pennies are actually 1948 one-cent coins.