", In 1944, the Philadelphia Mint only made 30 steel pennies. Less than two dozen are known in MS67 condition with none being graded higher. His column for CoinWeek, The Coin Analyst, covers U.S. and world coins and precious metals. A number of smallish oxidation spots are also visible in the vintage photograph; these appear not to have progressed since then. In MS67 it is one of the tougher dates from the 1960's especially from the Denver Mint. You also need to be aware that even if your coin sells on eBay for a high price theres no guarantee that the buyer will pay up. The Lincoln Steel Penny was not well accepted by the American population who had to use it in everyday life. These coins traditionally consisted mostly of copper and nickel. The 1943 copper penny is extremely rare and valuable. It was minted in the three mints, Philadelphia, Denver and San Francisco.It had its origin in the unused plates of the previous year, 1942 (click here to know about 1942 wheat penny), which were still minted in copper, and in the use of these. Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. To make these coins, a core of carbon steel was electrolyzed to coat it with 0.013mm of zinc. A 1964 D penny is worth between 2 USD and 5,000 USD. Tons of 1999 Pennies With AM large. Because the front of the Lincoln Cent is always Abraham Lincoln, the coins are more often identified by their back imagery. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? The coin was submitted for auction by Heritage Auctions of Dallas, Texas, the third largest auction in the world. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. DDO/DDR. The tin cents may have been part of the test batches. No copyright infringement is intended. Keep a coin scale handy to conveniently distinguish those 1943 tin pennies from their 1944 steel cousins. & Walking Lady Liberty Authenticity Us Bank Note United State ( Space Force ) 2 dollar. 1964 lincoln Penny - D - Rare BobCollectionsGalore $125.00 FREE shipping 1964 d Lincoln rare L close to edge helpercoin $750.00 1964 Jefferson 90% Silver / error coin highvintagecoin $770.89 FREE shipping Vintage Collection - Canada Penny 1964 Coin & Money (Code #1) - Maple Leaf, Queen Elizabeth SewingMemere (354) $77.09 One is a 1944 penny that in the yr the 9 is bigger then the other numbers. The publics rejection of the 1943 Steel Lincoln Penny. Join us today for FREE! All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. 1964-D 1964 D Lincoln Memorial Cent Copper Alloy Penny Mintage: 3,799,071,500 Minted at: Denver Designer - Engraver: Frank Gasparro Metal Composition: 95% Copper - 5% Tin and Zinc Diameter: 19 mm Mass / Weight: 3.11 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. Multiple (8) PCGS MS67RDs. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. If theres any value Im considering selling. A 1964 D in MS 67 RD sold for $456. Below the year 1969 on the right hand side, it also features the letter "D", which means it was minted in Denver. Then they are sold via general-readership newspaper and magazine advertisements. Just keep reading! Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. In 1943, at least one coin was 86.41% tin, 1.75% copper, 8.37% antimony, and 1.02% vanadium. View cart for details. USA Coin Book Estimated Value of 1944-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $34,803 in Average Condition and can be Worth $62,001 or more in Uncirculated (MS+) Mint Condition. If you have one in an MS 68 rating, you can sell it for $3,500. In addition to the weight, another feature that differentiated the 1943 Lincoln Steel Penny from the previous Lincoln Penny was its reaction to a magnet, since it had a high percentage of steel that used to stick. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel was briefly used for coins. I suggest re-reading this article: all these facts I have stated are direct quotes easily found if you care to read again? Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. Theyre visually similar but the tin cents are slightly heavier and will not respond to magnets. 1943 P D S Wheat Lincoln 3 Penny Set beautiful set see pics. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. How much is a 1943-d steel penny worth in 2023? Ok, didnt see this one about 15 cents well circulated, its in Whitmans Red Book. It weighed 2.79 grams? There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. Memorial Cents arrived on 12th February 1959, marking the 150th anniversary of his birth. 2015 Australia Hammer Head Shark Silver Round Perth Mint 1/2 OZ .999 Fine. 19.05 mm Thickness: 0.0598 inches (1.52 mm) Edge: Plain Minted in: Philadelphia Quantity Minted: 2,648,575,000 photo source: www.ebay.co.uk 2) 1964 D Penny found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. The obverse (heads side) of the 1944 Steel Penny has a portrait of Abraham Lincoln, the 16th President of the United States. San Francisco was the mint with the lowest number of units produced of the 1943 Lincoln Steel Penny, over 190,000,000. View Etsys Privacy Policy. Of the 217,660,000 1943 Lincoln Steel Pennies minted in Denver, only a few, out of 4,000, are double-minted with the initial/mint mark (D).This double minting is very easy to discover since the second D is more displaced from the first. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. 1944 S Steel Penny Value 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. Since the main material that made up the coin was steel, new dies had to be used and changed from time to time because the hardness of the steel soon wore them out. It was my first major coin purchase. Hello, I have I found a 1944 and decided to clean it for fun. First, there are great, rare coins that have yet to enter the market. A coin in average condition has an estimated value of at least $77,000. Now is a superb opportunity to diversify your stock/ETF portfolio and aim for attractive returns with rare coins and precious metals. If you have insider information regarding the penny number count or would like to sell one, please email sales@coinvalueinvestor.com. Copper cents weigh 3.11g while steel cents weigh 2.7g. Wed stick to graded options with clear provenance and be wary, especially if a deal seems too good to be true. The 1964 D Penny is not really valuable as a large number of them were produced. Latest Offers, Straight To Your Inbox. 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! This includes the wheat sheaves on the Wheat Penny (1909 to 1958), the Lincoln Memorial on the Memorial Penny (1959 to 2008), the four designs on the bicentennial penny (2009), and the Union Shield Penny we still use today (2010 to date). There is no right or wrong way to collect 1943 Lincoln cents. However, by altering its composition, its weight was also reduced 13%, from 3.11 grams to 2.7 grams. If it sticks to the magnet, you could be in luck. During World War II, the war effort required a lot of copper to make shell casings and munitions. Indeed I submitted the bid online,and my family and I were high-fiving when we won! "text": "The 1944 penny is rare simply due to the fact that not many were made in the first place." Please. Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. Try using a different browser or disabling ad blockers. Learn more. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. ] The coin was submitted for auction by Heritage Auctions of Dallas, Texas, the third largest auction in the world. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011. Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. ***Primary Source(s): http://varietyvista.com***Social Media Links (Website, Instagram, Facebook, Twitter, More):https://linktree.com/treasuretownActive Affiliate Links - Purchase Items Through Them To Support Treasure Town:https://linktree.com/treasuretownaffiliatesLinks to Sources I Use (PCGS, Heritage, VV, eBay, More):https://linktree.com/treasuretownsources***All materials in these videos are used for educational purposes to inform and build community around coins, and fall within the guidelines of fair use. Most steel pennies are worth between 20 cents and 20 dollars. Step 3: Special Qualities - Certain elements either enhance or detract from value. The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy. Apart from its distinct metal composition (including semi-metals like antimony), the 1944 steel penny is a wheat penny. The 1964 D version of the Jefferson Nickel is worth on average $250.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.05 . "name": " How much is a 1944 steel penny worth? AND 1893 1 OZ GOLD TWENTY. Margeauxscoins. $6.99. I have a 1943 I want to say its missing clad layer but it looks dark rustic but can still see detail and olny weight 2.63?? please explain? I removed it, to look at, later. Steel pennies have iron in them. However, the government decided to drop steel cents by the end of 1943. When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Word eventually gets around if a dealer sells overgraded coins, or takes advantage of less knowledgeable sellers. I have a 1944 D penny which appears to be steel plus something else but does not stick to a magnet. I found an old 1943 s penny in Las Vegas this weekend. One of then looks like lady liberty and Lincoln are kissing on the reverse. The prices reached by the highest graduations these last two years have been: The record price for a copy of this variant was reached in 2011 for an MS67 quality, $21,275. any advice you could help me with would be nice ,also accouple of 82 small date . When locked, you will be scrolled directly to this table for all coins. Lets look at these silver-colored coins and find out what theyre worth today. He brought the coin to two dealers, who found no reason to doubt it, and from there it went to Walter Breen, the most prominent authenticator of the time, who pronounced it genuine.. We do NOT maintain affiliation and sponsorship relationships with companies. 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. The 1943 copper penny is extremely rare and valuable. Ed. $4,025 BONUS: To assist our loyal readers in obtainingmaximum return on investment(ROI) wheninvesting in rare coins, we will provide the optimal coin grades when recommending an asset (i.e., MS61, MS64). In MS 63, the highest recorded selling price was over $1.1M. 2021. Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. Some say the planchets got stuck in the machines in 1943 and accidentally dropped into bronze batches from 1944. Your email address will not be published. Only a handful of 1944 steel pennies were minted, which explains their pricing. I have two 1944 penny's one with D mint one with no mint. You've already signed up for some newsletters, but you haven't confirmed your address. I Have a 1955 L.M.Penny 1C STRUCK ON TAPERED BLANK WEIGHT 2.69 GRAMS EF 45 THAT WAS CERTIFIED BY ANACS. 1943 saw a switch to a zinc-coated steel composition to help save copper for World War II ammunition, although the coin confused many people, as it was regularly mistaken for a dime. Thats 0.0005 inches. The 1959 D version of the Lincoln Penny is worth on average $65.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.01 . , { This is what makes the coin different to the Lincoln Memorial and Wheat coins, which were both minted in Philadelphia. Thanks for the great back story about the 1944-D Zinc. If you are lucky enough to find one, their value can range from $1,000 and up. Interestingly, some 1943 steel cents were actually tin cents and had no iron in them. 4- 1893. "@type": "Question", And in our opinion, one of the best in terms of an ultra-low-cost investment. 1821 to 1946 Examining the coin, There is no plating and appears to be in it's pre-dip state. Now covering; Cryptocurrencies, Precious Metals, and even World Coins. "@type": "Answer", It used to start at the edge of the coin, where the manufacturing process left the steel bare. Original Price 37,143 "name": " Why is the 1944 penny rare? { "name": " How do I know if my 1944 penny is steel? Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. (adsbygoogle = window.adsbygoogle || []).push({}); 1964 D Thomas Jefferson Nickels have been widely produced and the lower end versions of this coin are only worth the face value of .05 USD. Yes,it's true,no 1964 steel Cents exist that were intentionally issued. The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. in the field on the left) the word Liberty and on the right, the date and mint mark are inscribed, Denver or San Francisco. Underneith the 943 there are the number 4. The process happened on the planchet sheet the blank sheet that gets cut into discs for minting coins. Could someone tell me what I have? If you do have one, it would be worth tens of thousands of dollars. Email us at exclusive@the-sun.com or call 212 416 4552. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel could be used instead of cash. Without further ado, lets dissect the 1944 Steel Penny, including typical values, the history of the coin, and exactly why its worth so much in the first place. I just submitted to Great Collections a 1943 steel penny. I have a 1942 Wheat Penny. Coleccionistasdemonedas.com Estimated Value of 1943 Steel Penny today is: In average grades can be found between $0.09 and $0.14. You can also tell its a fake by simply looking at it. A litany of tests and patterns followed for the emergency composition, including plastic and glass. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. 1955 D/D in Date Other Areas. "@type": "Question", It was graded as an MS 66 by NGC (Numismatic Guaranty Corporation) and weighed 2.6g instead of the standard 2.7g. Iron coins react strongly and will let the magnet lift the coin. In MS65 they are a little harder to find but probably many still in original and even opened rolls. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. In its terms and conditions, eBay states that bidders enter a legally binding contract to purchase an item, but theres no way to enforce this rule. But once the war was over, the mint quietly recalled these steel pennies. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. "mainEntity": [ Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze.. In July an AU example garnered $23,000, and an AU-53 coin sold last January for $37,375. I found a 1944 d silver penny its in good condition try to see how much there worth. The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. steel weight 2.7 grams 82s 3.1. Coins in order by date. Welcome to the neighborhood! This may not sound like a lot, but it's still 119,900% its original value. My mother had recently passed away and she was a collector of wheat pennies, I have over 1000, I came across a 1944 penny that appears to be steel and copper mix, it does not look copper or steel it appears like both, not sure if anyone had heard of this? These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. PCGS The Standard for the Rare Coin Industry. Theyre official coins made with permission from Congress and were all coined in 1943 and 1944. GeeChocVarietyShop. eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. But lets focus on steel pennies. Etsy is powered by 100% renewable electricity. 1994 Steel Penny Investment Rating: 94 out of 100. Prices based off high end conditions that have been certified. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. According to Park Avenue Numismatics online Encyclopedia of U.S. coins , this effort resulted in the use of low-carbon steel coated with zinc, which quickly corroded; cents of this stuff were coined in 1943, and in 1944 some more accidentally coined on leftover steel banks, even as some 1943 cents had been coined on leftover 1942 bronze blanks. They include 30 from Philadelphia (no mint mark), 7 from Denver (D Mint Mark), and 2 from San Francisco (S Mint Mark). That year was planned as the only year when pennies would have zero copper in them. Between the date and the mint mark (s) is another 4. my normal scales that weigh to the milligram have been lost and I'm unsure of the others calibration although pre '82 weigh 3.1 and post 2.5. this penny weighs 2.9 consistently as I go back and forth between it 1964 and 1998 Original Price 84,211 10 Most Valuable Wheat Pennies Worth In 2023, 1981 Quarter Value, Error List, & Investment Outlook, 1957 D Wheat Penny Buyers Guide, Value, Errors, 1944 Steel Penny Value, Best Grades, Mint Types, 2021 Morgan Silver Dollar Value, Release Date, Mint Mark, 1951 D Wheat Penny Value, Top Varieties, Errors, & Outlook, 1928 Buffalo Nickel Value, Mint Types, Errors, 1920 Wheat Penny Value (No Mint Mark?) if anyone can help me, please send me an e mail thanks,the penny does stick to a magnet, k.c. 1 bid. And 1943 D Lincoln Wheat Cent/ Penny ** ww2 steel war Cent * (#255985247490) See all feedback. .? Both are quite rare and valuable. 1944 pennies were made using the leftover steel sheets from 1943. I found a 1964 Silver in Color Lincoln Penny with all my 1943 Steels , Come to find out its a Rare 1964 D, On a Dime Clad Planchet . Wartime Nickels mint mark is on the reverse top center, only wartime nickels have an actual P mark. The coin was slightly underweight at 2.6g instead of 2.7g. Last year the price for this same quality was no more than $2,000, it was $1,586.This value is normal if we take into account that PCGS only has 1 coin in superior quality, MS67+, and two copies in MS67.In MS66 graduation the variant has reached $780 during 2020. Slot machines often had magnets to catch fake coins, and these magnets would grab the steel pennies and jam the coin slot. Year: 1959. (30% off), Keep collections to yourself or inspire other shoppers! Hi Judith. The valuable 1943 wheat pennies are: Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. In low grades, a 1943 or 1944 penny is only worth its face value. Pedigree and History. But for the record, steel cents or zinc-coated pennies are not mint errors. Due to its high economic value, it is a type of variant that is very falsified either by the copper plating of a 1943 Lincoln Steel Penny or by modifying the dates of the 1945, 1948 and 1949 Lincoln Pennies for the rarer date of 1943.For the first counterfeit (copper coating) a simple magnet will be enough to detect it since the 1943 Lincoln Steel Penny will attract to the magnet. Is this worth anything. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! Free shipping. Tests were conducted without success with materials as diverse as glass or even plastic.Finally, it was decided to manufacture the 1943 Lincoln penny with low-grade steel with a zinc coating while maintaining the same design and diameter. Thus, 1944 steel cents are exceptionally scarce and command very high values. Each of the two 1944 pennies could be worth around $5 or more, depending on their condition. In 2008, this coin was sold for $373,750. The views expressed may come from different individual authors and may not necessarily reflect those of the website or other organization. Jaime Hernandez: The 1964-D is common in circulated grades up to MS64. The coin was sold for $58,201.50 on January 4 to an online bidder. Both the obverse and the reverse were designed by Victor David Brenner. Read the article about left over material etc. 4- Silver bullion Round 2015. Plus, people often mixed them up with dimes (10c). 1964-D penny (Denver mintmark under the date) - 3,799,071,500 (about 3.8 billion) minted; 10 to 25+ cents 1964 proof penny - 3,950,762 minted; $1+ 1964 SMS penny (special mint set) - approximately 30 estimated to be minted; $5,000+ *Values are for coins in uncirculated grade, proof finish, and special mint set finish. In 1944, only 7 steel pennies are known to exist with the D mint mark. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.33 in Average Condition and can be Worth $3.30 to $11 or more in Uncirculated (MS+) Mint Condition. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. The rest were steel. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. The Buffalo Nickels is the king of kings in natural beauty and is one of the prettiest U.S. coins ever struck. A 1943 steel wheat penny that is attracted to a magnet, in used condition is worth maximum 20c. DOLLARS IT LOOK LIKE (CC) UNDER THE EAGLE TAIL. You can easily see the doubling if you look at the top of it, above Lincoln's head, where it reads, "In God We Trust." These pennies are scarce, but there are more out there somewhere. Turning off the personalized advertising setting wont stop you from seeing Etsy ads or impact Etsy's own personalization technologies, but it may make the ads you see less relevant or more repetitive. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. Is it such a error? However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. Earlier sources listed all the 1944 steel cents as errors because the pennies were intended to return to their 95% copper content that year. PCGS.com is also a solid rare coin sales destination online. The one-year experiment left a lasting legacy when the Mint inadvertently struck minuscule numbers of 1943 cents in bronze and a slightly greater number of 1944 cents in steel. This penny has visible doubling on the front of the coin. Assay Office. CoinBin.com is poised to become a primary digital resource for this decade, and the next. Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. If it sticks, you could be in luck. 3- 50 dollars Gold Elzabeth ll. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. Back to home page Return to top. $13.00. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. Most 1944 Wheat Pennies are bronze (95% copper), but counterfeits might be coated with nickel or zinc to mimic steel. Any value? Our posts do NOT contain affiliate links. First, weigh the coin. $195.00 FREE shipping. With limited copies and the majority being worth tens of. Here's How to Test Your Silver & Gold, Buffalo Nickel (19131938): Values & History, Mercury Dime (19161945): Values & History, Washington Quarters: Key Dates & Varieties. So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite valuable and sold for over $1.7M. The information about the coin owned by Mr. Estes client appears here with the permission of Steve and Debbi Estes. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. I have recently found another 1944 steel wheat penny. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! More of these steel coins have popped up in recent years, so more errors may be listed and discovered.