Meanwhile, many coin experts believe there are a few that have yet to be discovered. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). How can I tell if it is worth any money. Type: Wheat Penny Year: 1944 Face Value: $0. The 1944 wheat penny diameter is 19 millimeters across. 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. 1944 Wheat pennies with distinctive attributes could be worth thousands of dollars. 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. Continue with Recommended Cookies. Abraham Lincolns portrait on the head side of the penny mean that pennies in this series are also called Lincoln pennies. Josh @ CoinValues. The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. Prices Calculator only figures the copper melt value of Pre-1982 U.S. Lincoln 95% Copper Pennies. Uncirculated: $0.20. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. 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. How much damage has the coin sustained over years of use? 1-1935 S Wheat penny 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. You can tell whether you penny is made from copper or steel by holding a magnet to it. https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&_nc_oc=AQn4yMdkynE8XmWiG8QosFszb-OnJJJf0xD6uAs_mba5KtGhslRjvfxOT4mQQ2zztnU&_nc_ht=scontent-iad3-1.xx&oh=b4a5f6a6aca7e05794bc9c949f2cddb2&oe=5DB1DF2B Thank you so much, Here, you can look for how well defined the inscriptions and images are. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). Furthermore, it's not always the condition of a coin that makes it the most valuable. The following will provide you with a listing of the different coin grades as well as what they . 2-1953 D Wheat penny As always, the value of coins could depend on grade and condition. I'd say to hang onto the coin Hi , I have a ONE CENT 1944 Lincoln penny , How much i can sell? Thank you for your question, Is a 1944 penny worth any money. Fine. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. 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. 1909-S "VDB" Lincoln Wheat cent. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. $0.40. This coin is notable for its copper and zinc combination the wheat pennies which came before were crafted from copper zinc and tin. Undistributed copies can be purchased for approximately $5 each. 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? The mint struck about a billion Lincoln pennies . 4. 50 to $7. The absolute top price one of these pennies has fetched at an auction was $115,000! 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, How Much Is A $5 Silver Certificate Worth? . ), 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. Your email address will not be published. During World War II, pennies were produced using steel with a zinc coating. Answer (1 of 7): There are two basic kinds of 1944 penny: those made from steel, and those made from copper. 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 . If the penny is moved by a magnet, it has steel content, if not it is copper. If both of your Lincoln steel cents are magnetic, then that is normal and they are worth 10 to 25 cents each in circulated condition. In fact, theres about a half-gram difference, which is easily measurable on a coin scale. Coin Values & More - CoinTrackers. The penny was originally minted in silver, but from the late 18th century it was minted in . 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. What do you do with these coins? Additionally, some of the metal used was salvaged from melted-down ammunition and shell casing, making the coins even rarer. 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. 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. Or you could be a coin enthusiast, on the lookout for rare and unusual pennies for your collection. In case you havent noticed, the font styling of real 1943 pennies created an elongated tail at the bottom part of the 3 in the date; in fact, the 3 extends well below the bottom of the other numerals in the date. These can make megabucks, fetching over $1.11 million when in top condition! 1.1944 Steel Wheat Penny. Uncirculated specimens could be worth a few dollars. 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. Year: 1944. 2-1944 D Wheat pennies 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. Josh @ CoinValues, Nicole, 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 Denver mint struck 430,578,000 coins with the "D" mint mark. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). Double dies involve the same part of the design, lettering, and date being present twice, causing an overlapping or raised look. Buying rare and valuable pennies online is relatively easy if you know what you are looking for. A badly damaged and worn coin is lower quality and will lower the value. Our comments section is mostly for commenting and only allows remote image embeds. We will provide you with both a valuation guide and a buying guide. 1943 Bronze Lincoln Cent. In circulated condition, it is generally worth around 10 to 15 cents. Required fields are marked *. If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. When we say good, fine, extremely fine, and uncirculated condition, what do we mean? Variety. 1944 Wheat Pennies were minted in Philadelphia, San Francisco and Denver. Whether you want to sell it, buy it, or simply find out more you need to be able to tell if its the real deal or not. 1-1930 Wheat penny 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. Around 2.1 million wheat pennies were produced in 1944, more than any other year! I would like more 1922 Plain Lincoln Cent. The speculation began almost as soon as the coins were released. An impressively high number of wheat cents were made in 1944 across Philadelphia, Denver, and San Francisco mints: over 2.1 billion coins! The lowest starting price is $0.19 for a coin in average condition. Josh @ CoinValues. Average value: 1944 wheat penny no mint mark: Good. The value of a 1943 copper penny depends on the condition and type of the penny. Face Value. Technically, the lack of tin meant that these coins were made of brass, not bronze. There are an estimated 20 to 30 surviving 1944 steel cents struck at the Philadelphia Mint, many in poor condition. Make sure you conduct thorough research so you know how to look out for fakes and the exact ID features of the coin you want. I have read somewhere that this can be caused by improper mixture of metals or from deviations on the press itself. So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? What Are the Different Penny Errors and What Are They Worth? The 1944 Lincoln cent is one of the most common wheat pennies, which were minted from 1909 through 1958.. More than 2.1 billion 1944 pennies were struck at the Philadelphia, Denver, and San Francisco Mints combined and virtually all of these one-cent coins were made from copper.. Hello, I came across this 1944 Penny thats listed I was just wondering the value of it. 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." Thankfully, theres a very easy way to tell genuine 1943 copper pennies apart from those that were former 1948 pennies. 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. And also make sure you're aware of potential fakes online. Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! 50 depending on its condition. Imaged by Heritage Auctions, HA.com. The 1944 steel penny is an incredibly valuable and rare coin that is worth a substantial amount of money. If you buy thru these links, we may earn a commission at no additional cost to you. Hello, I have 1944 wheat penny that has an error at the back, missing letter ME for AMERICA, is this penny worth something? Your unique pennies arent the only thing that might hold value, asnickels,dimes,half dollars,quartersothers could be worth a serious mint. He'll likely end up with a good chunk of dough in free agency, but it's hard to believe . They're worth far more than the famous 1909-S VDB penny - the rarest regular-issue Lincoln cent: The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. Roger W. Burdette was perhaps the foremost numismatic historian of our era. A published writer, Steven's coverage of precious metals goes beyond the daily news to explain how ancillary factors affect the market. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. Auction Record Value. Value: $59,073. A 1944 wheat penny is considered rare because they were not made with a large mintage. The bottoms of all of the numerals in the date of 1948 pennies, on the other hand, fall roughly in line with each other. 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. But unlike the 1943 date, there is a scarce amount of 1944 steel pennies. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. Hence, when searching for this edition you may find it called the 1944 steel Lincoln penny instead. HOW DO I LOAD PIC ON THIS SITE ?!?!?!? 1944 LIBERTY WHEAT PENNIES 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. Buying rare and unusual pennies online is pretty easy as long as you know exactly what you are looking for.