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Due to a shortage of tin, only copper and zinc were available to make Wheat cents from 1944 to 1946. is it worth anything? Michael, as Josh pointed out in the community, "The rare 1944 steel cent sticks to a magnet and looks silver in color. 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. 1-1941 D Wheat penny This post may contain affiliate links. The 1944 Wheat penny without a mint mark is worth about 15 cents. Basically in mint condition with only perhaps some natural discoloration, highest market value. 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. The 1944 S steel penny, in average condition, can be worth around $400,000. Josh. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Herea a quick guide: It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. There are other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). 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? 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? (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. The composition of 1944 pennies (or Lincoln Wheat penny coins) is 95% copper, 5% zinc. Copper and bronze were being used in the manufacture of ammunition during World War II, so a cheaper and more readily available material steel was substituted. The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. The 1924-D and 1931-S were both issued in limited mintage, making them rarer than other minted pennies. Equipping yourself with knowledge is the best way to identify fakes and become familiar with the key ID features of your chosen coin. 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. Next, you can evaluate the level of preservation. Extremely fine close to perfect! It is believed that only 30 of these 1944 steel pennies are in existence. Is a 1944 penny worth any money. Information on it. It is necessary to use virgin metal with the shell casings. (Rare One Sold for $1,000+), 14 Most Valuable Haviland China Round-Up List (Sold For $14,000 In October 2021), Most Valuable Seth Thomas Clocks (Worth From $200 to $4,000+). First, check the penny for the key features of a genuine 1944 wheat penny. 1,435,400,000 wheat pennies struck at the Philadelphia mint. (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. $115,000! A 1944 no mint Wheat Penny in uncirculated condition can be worth around $50 to $200 or more. The actual wheat stalks are positioned to the right and left sides edges of the coin. Sites such as the US Coin Book, PCGS Price Guide, and NGC Coin Price Guide contain detailed information on the various 1944 pennies, as well as their current market value. The current value of a 1944 all copper penny is around $105 USD. The only other penny which was crafted using zinc-coated steel is the 1943 Lincoln penny. Value: $389,968 These include: When it comes to valuing the 1944 wheat penny the mint mark, condition and rarity are the most important factors which dictate the price. 2-1950 D Wheat pennies However, people complained that these pennies were not strong enough to use as regular currency because they eroded quickly. Source: USA CoinBook. With World War II rationing already underway in 1942 to save metal and other necessary materials for the war effort, the U.S. Treasury had removed nickel from the five-cent coin for the nation's artillery needs. Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. Lacking a mint marking, as it was never meant to be released for circulation, the 1944 Steel Wheat Penny will set a buyer back $77,234 to $110,334, depending on the coins . 1943 Bronze Lincoln Cent. 1944 marked the end of the emergency WWII production of the 1943 steel penny. Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. 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 . )Continue, If you have a 1982 coin, you probably want to know its value. 1931-S Lincoln Cent. 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. Are there signs of wearing where the words and images have been rubbed away? Our equipment will not work shell casings as they are. Please refer to the other articles for info on values for your other coins: Today we are going to be learning the ins and outs of this coin, including its history and the context in which the c. 1-1956 D Wheat penny I have several pictures but no way to upload. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. If its a normal 1944, 1944-D, or 1944-S cent, it isnt worth much. 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. Phil, it would be helpful if you uploaded an image(s) of the penny. For instance, a 1944-S Lincoln wheat cent graded MS67Rd, sold for $3,290 in 2016. While they are all quite rare, the 1944-S is the most valuable of the three with a reported mintage of just two. In fact, the very valuable twin to the rare 1943 copper cent was born in 1944. Hope that helps. Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. Some consider the use of shell casings in the production of one-cent coins to be an urban myth, or a patriotic publicity stunt. 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. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! There are some rare examples of 1944 steel wheat pennies out there. Find out more here. 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. Therefore, any wheat penny from these years and these two mint marks in MS63 or higher condition is highly desirable. The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. Which 1944 s penny is worth a lot of money? The rarity of these pennies in good condition is partially due to their quick deterioration compared to pure copper coins. 1943-P Lincoln Wheat Cent Penny: Bronze/Copper. Don't be the last to know about the latest deals and new product arrivals. 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 . Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. 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. Technically, these coins were errors, produced mistakenly with a combination of leftover steel blanks and repurposed copper ammunition cases. For instance, a 1944 wheat penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Value: $59,073. Shell casing Wheat cents can sometimes display a brighter color than a normal bronze cent. They may be able to help you discern a fake from a genuine. If you find a D beneath 1944 this is the mintmark of the Denver mint. It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. 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. The speculation began almost as soon as the coins were released. How can I get ten 1944 Steel pennies authenticated for insurance? 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. 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. 2-1953 D Wheat penny Required fields are marked *. Steel pennies were only made in 1943 and 1944, and are highly sought after for their rarity and historical value. Uncirculated specimens could be worth a few dollars. Uncirculated specimens can be purchased for less than $5 each. Roger W. Burdette was perhaps the foremost numismatic historian of our era. First, the simple fact that more, Read More 5 Most Valuable Quarters After 1965 (Between $5000 And $10,000)Continue, Gunne Sax is a clothing label that marked the mid and late-20th century with its inspirational and, Read More How Much is a Gunne Sax Dress Worth? Idk How much is it worth? Much like the famous 1943 copper Wheat cents that were made when leftover copper blanks were accidentally run through the coin presses during the production of steel pennies, the 1944 steel Wheat cents were made when leftover steel blanks got mixed in with the brass shell casing blanks. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? Hello, Silvia -- This white, lustrous metal appears, Read More How Much Is A $5 Silver Certificate Worth? Whats the Most Expensive Coin Ever Sold? Save my name, email, and website in this browser for the next time I comment. We and our partners use cookies to Store and/or access information on a device. 1969-S Lincoln Penny-Doubled Die Obverse. Beware of zinc-coated copper penny fakes! No mintmarks typically mean that the piece was minted in Philadelphia. We would need to please see a photo of this coin to verify, so please post a topic in the forum. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. It sounds to me like environmental damage , so yeah probably just a wheatie.. Hi, Elizabeth -- Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Would you please try again, using a jpeg photo file under 2 MB? A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. We have a series of Wheat Penny info articles on the site you can use to estimate the values: https://coinvalues.com/wheat-pennies. Hello, Marcus - Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. 1-1970 D A 1944 penny is worth more than just its face value today. Traces of the S can still be seen above the top edge of the D mint mark. 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-mobile-leaderboard-2','ezslot_27',167,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-mobile-leaderboard-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'remodelormove_com-mobile-leaderboard-2','ezslot_28',167,'0','1'])};__ez_fad_position('div-gpt-ad-remodelormove_com-mobile-leaderboard-2-0_1');.mobile-leaderboard-2-multi-167{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}No, a 1944 steel wheat penny is not worth a million dollars. Condition The condition of your 1944 penny is a major factor in determining its value. Close-up of the overpunched mint mark on a 1944-D/S RD (PCGS Coinfacts). 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-large-mobile-banner-2','ezslot_20',164,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-large-mobile-banner-2-0');The most valuable of all wheat pennies is the 1909-S VDB penny, which is valued at around $6000 in uncirculated condition. Don't be the last to know about the latest deals The grading scale only goes up to 70, meaning a 66 is very high. 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 It should weigh 2.7 grams. Here, you can look for how well defined the inscriptions and images are. Your email address will not be published. Whereas 1944 steel pennies, and those with fascinating errors are rare and elusive! if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'remodelormove_com-medrectangle-3','ezslot_2',155,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-medrectangle-3-0');The most valuable 1944 wheat penny is worth significantly more than other 1944 wheat pennies due in part to its grade, condition, and mint mark. The steel cent was made in an effort to conserve bronze for World War II. 5. Year: 1944. Here's what's so special about the 1944 steel cent. The other one is the1943 Lincoln steel penny which is much more common. Here, you can look for how well defined the inscriptions and images are. I have 1944D and 1944S as Well 1944 no mint. Uncirculated specimens can be bought for around $5 each. The Lincoln penny is one of the only two dates that feature zinc-coated steel. 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. 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. are these worth anything? What happens if you dont get your period with PCOS. 1935 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1935 As of 2020, a 1944 steel penny can sell for upwards of $75,000 depending on its condition. I have 1944 steel one please check photos, at first, I thought it was from another coin, but at closer inspection, I noticed that the error is actually part of this coin. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). Thank you. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? 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? 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. There are auction companies throughout the United States that would love to put a coin like yours on the block. As always, the value of coins could depend on grade and condition. 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. Hello, I came across this 1944 Penny thats listed I was just wondering the value of it. 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). The condition of the coin, the mint mark, and any other notable errors make it one of the most valuable coins on the market. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Copper was in short supply because it was needed for ammunitions purposes during the war. 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. 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Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! 1944 steel wheat pennies are the rarest kind of 1944 wheat penny, and can fetch an incredibly high price at auction. 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. The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. If the penny has a D mint mark (indicating it was minted in Denver) it could be worth $2. To determine the value of your 1944 wheat penny, you will need to consider several factors, including the condition of your penny, the design of the penny, the mint mark, and the specific rarity of your penny. 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 . The bottoms of all of the numerals in the date of 1948 pennies, on the other hand, fall roughly in line with each other. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. Hello, I have 1944 wheat penny that has an error at the back, missing letter ME for AMERICA, is this penny worth something?