2-1946 D Wheat pennies Wooden Nickels Value: How Much Is A Wooden Nickel Worth? The other one is the1943 Lincoln steel penny which is much more common. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. 1944 steel wheat pennies are the rarest kind of 1944 wheat penny, and can fetch an incredibly high price at auction. First of all, any kind of misalignment in the numbers and letters is a giveaway sign of a fake, so make sure you compare your coin to images of certified 1944 steel wheat pennies to check its authenticity. The Denver mint struck 430,578,000 coins with the "D" mint mark. Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. Josh @ CoinValues. 4-1957 D Wheat pennies From the San Francisco mint, they struck 282,760,000 1944 wheat pennies. These rare coins can fetch an incredibly high price at auction. This makes the 1944 steel wheat penny incredibly rare and hence valuable. 1944 marked the end of the emergency WWII production of the 1943 steel penny. 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. Additionally, some of the metal used was salvaged from melted-down ammunition and shell casing, making the coins even rarer. In a recent auction, a 1944 Penny Sold for $373,000. If the Wheat Penny shows any signs of being in outstanding condition, it may be a rare Wheat Penny. These in particular are noted for their increased eye appeal. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. Furthermore, the 1944 steel penny is the only coin of this type that the U. S. Mint ever produced, making it a very desirable and sought after item. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. The bottoms of all of the numerals in the date of 1948 pennies, on the other hand, fall roughly in line with each other. You can tell whether you penny is made from copper or steel by holding a magnet to it. Are there signs of wearing where the words and images have been rubbed away? Circulated 1944-S Lincoln Wheat Pennies are worth between ten and twenty cents, depending on the condition. How much damage has the coin sustained over years of use? I have several pictures but no way to upload. This coin is notable for its copper and zinc combination the wheat pennies which came before were crafted from copper zinc and tin. 1922 1-Cent. HOW DO I LOAD PIC ON THIS SITE ?!?!?!? Its value ranges from 20 cents to 50 cents, but it could be worth way more than that, depending on its qualities. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. 1.1944 Steel Wheat Penny. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). It would be helpful if you would please upload a photo of your 1944 Lincoln cent with missing ME so I can better assist you. I have several well many pennies. In 2018, bidders were ready to part with up to $24,000 for a rare 1944-D/S Lincoln cent. Fine. Technically, the lack of tin meant that these coins were made of brass, not bronze. You might have hit the jackpot if you happen to find a steel penny with a 1944 date. 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. Beware of zinc-coated copper penny fakes! A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. There were five distinct, Read More Analyzing the 2020 Bat Quarter Value: A Comprehensive GuideContinue, Part of the allure that United States currencies bear (especially here in the states) comes from the, Read More Kennedy Half Dollar Value Chart (1964, 1966, 1967, 1968, 1970, 1971, 1972)Continue, The $20 bill has been around since the early 1800s, with its design changing several times over, Read More 5 Most Valuable $20 Bills (Rare One Sold For $411,250)Continue, Your email address will not be published. PCGS has many different coin apps . Furthermore, it's not always the condition of a coin that makes it the most valuable. Hope that helps. The famous 1944 wheat penny, also called the 1944 Lincoln penny, was designed by Victor David Brenner. If the penny is moved by a magnet, it has steel content, if not it is copper. Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. Check out a list of the most valuable coins in circulation worth up to $9,477. $0.89 - $2.31: 1944 D wheat penny: Good. Hi. Rare Lincoln Penny Exceeds $1 Million in Sale. It should weigh 2.7 grams. As always, the value of coins could depend on grade and condition. 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. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. When it comes to the 1944-S steel cent, it is worth $399,637 in average condition and could be worth more than $1.11million in an MS63 grade, according toUSA Coin Book. When it comes to valuing the 1944 steel wheat penny the mint mark, condition and rarity are the key factors which will dictate the overall value. 1-1930 Wheat penny Here's a rundown of 10 of the most valuable pennies made since 1900: 1909-S Indian Cent. Above the portrait there is an inscription which says in god we trust. Josh. Uncirculated specimens can be purchased for less than $5 each. 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. Here, well reveal more about the fascinating, accidental background of these coins. The 1944 Wheat penny is a copper coin with no silver or tin content. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). The average value of the 1944 steel wheat penny is between 10 and 20 cents, depending on the condition of the coin. Design The design of the 1944 penny can also impact its value. The steel cent was made in an effort to conserve bronze for World War II. However, if it is in uncirculated condition, it could be worth up to $7. The 1944 United Kingdom penny reverse. However, 1944 Lincoln cents have generally become quite common, and can be worth around $10-$20 on most banknotes in circulation. 1909-S "VDB" Lincoln Wheat cent. There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. These sources describe railroad hopper cars full of shell casings arriving at the Philadelphia Mint. . It is worth significantly more than its face value in any condition. Check your inbox or spam folder to confirm your subscription. The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. You have come to the right place! More Wheat cents were made in 1944 than any other year -- more than 2.1 billion across all three Mints. I'm not sure if you would call it a lamination error, or a cracked skull. Your email address will not be published. A low grade example can sell for about $20 with higher end mint-state coins selling for several thousand dollars at auction. In circulated condition, it is generally worth around 10 to 15 cents. I have a 1944/3 wheat penny if I find out my eyes are not playing tricks on me what do you think it will be worth? both stick to magnetic, trying to see if they are worth anything. Uncirculated specimens can be bought for around $5 each. Here's how to tell 1944 Penny Facts. With over 430 million 1944-D Wheat cents minted, it is estimated that tens of thousands of 1944-D/S error coins exist. We would need to please see a photo of this coin to verify, so please post a topic in the forum. 1944 wheat penny But these coins are much more common as bronze was being reserved for the war and hence no pennies were manufactured using copper during this time. Rare quality 1943 copper pennies or valuable errors can sell for as much as $200,000 or more. The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. 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. Where can upload the pictures? 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. Here, well list the average prices the 1944 steel wheat penny currently fetches from cheapest to most expensive. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-leader-3','ezslot_22',165,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-leader-3-0');A 1944 penny with an S mint mark (indicating it was minted in San Francisco) can be worth up to $20 or more in uncirculated condition. Uncirculated: $0.20. In 2021, an MS64 graded coin (pictured left) sold for $180,000. These were pennies that were minted at the Denver Mint, but mistakenly stamped originally with an S mint mark for San Francisco. Also, steel cents are by their very metallic nature magnetic, so a 1944 penny that appears to be silvery in color should be tested with a magnet to ensure that it is indeed the real deal. 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. In fact, theres about a half-gram difference, which is easily measurable on a coin scale. When we say good, fine, extremely fine, and uncirculated condition, what do we mean? Of all the cents currently in circulation these pennies are worth the most money. For a 1943 copper penny that is in average condition, the value is around $60,000 $85,000. Meanwhile, many coin experts believe there are a few that have yet to be discovered. . They can be spotted by the absence of the edge features of the Lincoln cent design. Coin Values & More - CoinTrackers. . Watch out, because the 1944 steel wheat penny has been sold for over $1.11 million! A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, How Much Is A $5 Silver Certificate Worth? Otherwise this may require a coin experts eye for positive identification! 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. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat 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. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). The consent submitted will only be used for data processing originating from this website. The following Lincoln steel cents were minted in 1944: A coin with a D mint mark means it was minted in Denver, while an S letter means it was struck in San Francisco. 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! 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. $0.01 USD. Josh. 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. . Are there any scratches or nicks present on the surface of the coin? The 1944 Steel Wheat Penny Value can be from $9000 up to half a million dollars. Thankfully, theres a very easy way to tell genuine 1943 copper pennies apart from those that were former 1948 pennies. The actual wheat stalks are positioned to the right and left sides edges of the coin. Any 1944 Wheat Penny that is deemed to be in "Fine" condition can . Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. Here, you can look for how well defined the inscriptions and images are. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. Keep in mind that many 1944 copper cents are still circulating and can be had at face value if luck strikes searching rolls may improve your odds of finding 1944 Lincoln Wheat Penny coins without having to utilize the services of a coin dealer. 1944 Lincoln Wheat cent. During World War II, pennies were produced using steel with a zinc coating. Join us today for FREE! Here's more info on those: https://coinvalues.com/library/coin-slabbing-services The most valuable 1944 penny is a 1944 Steel Wheat Penny. Steel Wheat. Depending on the design, some 1944 pennies can be more valuable than others. The 1944 steel wheat pennies are a combination of leftover steel and copper. 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. Read More Most Expensive Catalytic Converters (Rare One Sold for $12,211.89)Continue, The nickel coin has been in use in the United States in the form of coins since, Read More Wooden Nickels Value: How Much Is A Wooden Nickel Worth?Continue, There is only one Monet, Picasso, and Leonardo da Vinci, and the same applies to all of, Read More The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? Additionally, a 1944-S Lincoln wheat penny graded MS67BN, sold for $50.00 in 2018. A list of pennies in the current pool of circulating United States currency. As always, the value of coins could depend on grade and condition. Their novelty can bump up the price of a 1944 wheat penny, so look out for these unusual error coins! Find out more here. combined heraldic crosses of UK members. But some may not be aware of the steel penny and what it could be worth. Required fields are marked *. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? I have a 1944 wheat penny that the markings on the back are off center, to the left. https://imgur.com/zVfYfhZ Hello, James -- To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. 1944 Wheat Penny. I have a 1944 penny and would like to know how much it's worth !!! Here, you can look for how well defined the inscriptions and images are. Hello, Silvia -- I have a 1944 copper wheat penny thats overstruck on the back,is it worth anything? Another way to tell if the coin in genuine is to measure and weigh it. The Lincoln cent, however, wouldn't undergo a temporary, war-related metal composition change until the following year. Value: $389,968 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). 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 . Any advice? shows Britannia seated facing right, wearing a helmet, and holding a trident. Sometimes, steel cents were referred to as silver pennies, due to their color. Perhaps youve found or inherited an interesting 1944 wheat penny, and you want to find out a little more about it. Look for any errors or discrepancies in the characteristics of the penny. This white, lustrous metal appears, Read More How Much Is A $5 Silver Certificate Worth? A 1944 D wheat penny can be worth up to $45,000 or more under the right circumstances. A badly damaged and worn coin is lower quality and will lower the value. A 1944 "D" wheat penny can be worth up to $45,000 or more under the right circumstances. The condition of the coin, the mint mark, and any other notable errors make it one of the most valuable coins on the market. Traces of the S can still be seen above the top edge of the D mint mark. Like it wasnt stamped properly. One rare 1944 Wheat cent to watch out for is the 1944-D/S. This record would not be broken until 1960, when 2,167,289,000 Lincoln Memorial cents were produced. Josh @ CoinValues. Coin Slabbing Services, This comment was minimized by the moderator on the site, https://coinvalues.com/wheat-pennies/1943, https://coinvalues.com/wheat-pennies/1935, https://coinvalues.com/wheat-pennies/1958, https://coinvalues.com/library/coin-slabbing-services, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66273164_2432053220357404_6694322626694742016_n.jpg?_nc_cat=108&, To My Young Brothers & Sisters at Reddit & Elsewhere. For this reason it is also known as the 1944 Lincoln penny. $77,000-$100,000. It is believed that only 30 of these 1944 steel pennies are in existence. It shows that all 1944 wheat pennies had the highest mintage in US coinage history. However, the slight visual differences between 1944-1946 Lincoln cents and copper cents from other years in the Lincoln Wheat Penny series are only distinct among uncirculated coins. The current value of a 1944 all copper penny is around $105 USD. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. An example of data being processed may be a unique identifier stored in a cookie. Thank you for your question! 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. No, a 1943 copper penny is not worth $1000000. Thank you so much, The app is 100% free and provides accurate, up-to-date information on the pricing and value of different coins. 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? Variety. Source: USA CoinBook. Unlike Lincoln cents made from 1909 to 1942, which are 95 percent copper and 5 percent tin and zinc, Lincoln cents from 1944, 1945, and 1946 were made with a composition of 95 percent copper and 5 percent zinc (no tin). 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. Experts estimate that possibly tens of thousands of these D/S error coins are in existence. At the top of the coin the phrase E Pluribus Unum is inscribed. These pennies were made at the Denver Mint from a die that accidentally had an S mintmark (for San Francisco) punched into them. There are 2 variation of the 1944 penny, one made with a metal mixture of both copper and zinc, and the other all copper. Pawn Stars. In an August 2007 auction, a 1944 D Lincoln steel cent graded in MS63sold for $115,000, according to PCGS. Real People. The 1944 S steel penny, in average condition, can be worth around $400,000. And on the front, above the date, is a marking that almost resembles an A? What Is the Value of a 1943 Copper Penny? If your 1943 copper cent or 1944 steel penny is graded as genuine, then congratulations! * The steel 1944 pennies are quite valuable. 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. 2) 1943 Copper Wheat Penny - $250,000. Stay up to date with everything about U.S Coins, We dont spam! How and where do I upload images? First, check the penny for the key features of a genuine 1944 wheat penny. I have a 1944 penny with a number 8 underneath it. What if anything are they worth. Silver is one of the oldest forms of money on the planet. This makes it one of the most heavily traded coins among collectors and those looking to invest in rare coins. Many of them never went on the market and remain uncirculated. This will raise the price. The 1944 wheat penny would be incredibly rare and valuable with this mint mark and can be worth hundreds . are these worth anything? But this penny1944 brown wheat penny has a DD "T" on the obverse. I primarily collect and study U.S. coins produced during the 20th century. The absolute top price one of these pennies has fetched at an auction was $115,000! There are some very rare ones which were combined with steel. Is my 1944 S penny a rare coin being as the S is almost staped into the date unlike the rest i seen is it valuable??? In December 1943 testimony before a House Appropriations Subcommittee[1], Assistant Director of the Mint Leland Howard said: The War Production Board has granted us sufficient virgin copper and shell casings to resume production of a copperhued cent on January 1., When we start producing the bronze coins -- and incidentally we have already started, as far as the production of blanks and ingots are concerned -- we will have to take the virgin copper, shell casings, and zinc-alloy them, melt them and pour them, roll the ingots into strips, and then blank the strips out; and all that cost will be borne by this appropriation, and it will eat into it at a rapid rate. 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. 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.. 10. By Steven Cochran. 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. Don't be the last to know about the latest deals and new product arrivals. No mintmarks typically mean that the piece was minted in Philadelphia. They have been used for centuries to keep track of time,, Read More Most Valuable Seth Thomas Clocks (Worth From $200 to $4,000+)Continue, Your email address will not be published. Hi, George -- 4) 1873 Indian Head . As a result, only a limited number of coins were made with a limited amount of metal. There are even some copper versions which may bear discoloration due to traces of gunpowder which was not removed during the metal refining process from when ammunition shells were melted down to make the coins. Manage Settings Hello You can tell whether you penny is made from copper or steel by holding a magnet to it. 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. Source: USA CoinBook. 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. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Dont be afraid to ask questions to find out more about the coin most coin enthusiasts are happy to share information and spread their knowledge. Well help you to positively identify a 1944 steel wheat penny, provide a valuation guide and a buying guide. Some consider the use of shell casings in the production of one-cent coins to be an urban myth, or a patriotic publicity stunt. You can also post a photo of this 1944 cent in our Forum: https://coinvalues.com/forum In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. These pennies are worth substantially more than their face value, with circulated coins selling for as high as $110 and uncirculated coins selling for as high as $3,500. Grading the 1944 Lincoln Penny. It is necessary to use virgin metal with the shell casings. I've never seen anything like this. I have one as well, have you found any info on it? In this mint, 991,655,000 coins were minted. I have a 1944 wheat penny. These include Sothebys, Stacks Bowers, and Teletrade. With even a worn example fetching over $100, its well worth your time to check any 1944-D cents using a magnifying glass. The Lincoln penny is one of the only two dates that feature zinc-coated steel. Extremely fine. Double dies involve the same part of the design, lettering, and date being present twice, causing an overlapping or raised look. The 1944 wheat penny is a must-have for coin collectors everywhere! Thanks in advance, You would have to take them to a licensed coin grader for them to be appraised, and very possibly, slabbed for insurance purposes. This video is all about the 1944 Penny. Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. My love for coins began when I was 11 years old. When researching the value of your penny, it is important to be sure to consult a reputable source. This change in composition created a unique looking coin that has since become very popular with collectors. However, people complained that these pennies were not strong enough to use as regular currency because they eroded quickly. 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. Did You Know? A 1944 penny is worth more than just its face value today.