What Is the Value of a 1943 Copper Penny? Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. The 1944 wheat penny is a must-have for coin collectors everywhere! They may be able to help you discern a fake from a genuine. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). 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. Here, well reveal more about the fascinating, accidental background of these coins. How Much is a 1944 Penny Worth in 2023? - Forex Education 1914-S Lincoln Penny. For a 1943 copper penny that is in average condition, the value is around $60,000 $85,000. 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. 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. These pennies were made at the Denver Mint from a die that accidentally had an S mintmark (for San Francisco) punched into them. This will help you to value it and make sure you get the right price for it, or make sure you are paying the right price! 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. Answer (1 of 7): There are two basic kinds of 1944 penny: those made from steel, and those made from copper. Hi, George -- Herea a quick guide: It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. Hi, Jill! You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. shows Britannia seated facing right, wearing a helmet, and holding a trident. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Equipping yourself with knowledge is the best way to identify fakes and become familiar with the key ID features of your chosen coin. Therefore, any wheat penny from these years and these two mint marks in MS63 or higher condition is highly desirable. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Best, Mint Mark Your 1944 wheat penny may also contain a mint mark, which will vary depending on the mint it was created at. Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. Auction Record Value. 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. Image: USA CoinBook. You have come to the right place! It is worth significantly more than its face value in any condition. Watch out, because the 1944 steel wheat penny has been sold for over $1.11 million! )Continue, Coin collectors have noticed the seemingly high value of the 2020 bat quarter. Mintage. The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. Why does 1944 wheat penny not have an s ,d, or p under year. The D and S marks are the ones that are most valuable, with coins from the Denver and San Francisco Mints respectively. They are some of the most common of common-date Wheat cents. Penny (British pre-decimal coin) - Wikipedia Join us today for FREE! Close-up of the overpunched mint mark on a 1944-D/S RD (PCGS Coinfacts). Would you please try again, using a jpeg photo file under 2 MB? 5% zinc and/or tin value and weight not included. Lincoln Penny Values Chart 2023 (Up To $100,000!) 2,147,483,647. I would like more Due to a shortage of tin, only copper and zinc were available to make Wheat cents from 1944 to 1946. Basically in mint condition with only perhaps some natural discoloration, highest market value. 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. Design The design of the 1944 penny can also impact its value. This penny is also worth much more than face value. Josh @ CoinValues. Basically in mint condition with only perhaps some natural discoloration, highest market value. While they are all quite rare, the 1944-S is the most valuable of the three with a reported mintage of just two. The 1944 steel wheat pennies are a combination of leftover steel and copper. Separately, I uncovered Congressional testimony to the same effect. The average value of the 1944 steel wheat penny is between 10 and 20 cents, depending on the condition of the coin. Here, other coin enthusiasts can help you out with their expertise and advice. I have one as well, have you found any info on it? This is why it is classed as one of the 1944 wheat error pennies. 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 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. 1944 steel wheat pennies are the rarest kind of 1944 wheat penny, and can fetch an incredibly high price at auction. How and where do I upload images? The error on a 1944 penny will depend on the specific coin in question. 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. Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. ), 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 other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. To avoid this, make sure you check the sellers history and whether or not the coin was certified in the listing. What do I do next . To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). Usually reputable sellers include very detailed information and several photographs in the coin listing. As a result, only a limited number of coins were made with a limited amount of metal. Year. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. Here, we will equip you with information about the 1944 wheat penny, and its key features such as mint marks and errors. combined heraldic crosses of UK members. In AU graduations the price range is between $5,875 and $34,500. 3) 1856 Flying Eagle Penny - $25,000. 50 depending on its condition. Their novelty can bump up the price of a 1944 wheat penny, so look out for these unusual error coins! Series. Thank you so much, 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. Steel Wheat. How much is a penny from 1944 worth today? - Sage-Answer How can I get ten 1944 Steel pennies authenticated for insurance? In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. It is one of the famous Lincoln coins, and can fetch a high price at auction depending on. Value: 1915 S Wheat Penny. Also look out for valid certification in the listing from Third Party Graders like the PGCS. Our equipment will not work shell casings as they are. I have one 1944 penny. Value: $59,073. Are you concerned the precious metals train has left the station without you. Are there any scratches or nicks present on the surface of the coin? Otherwise this may require a coin experts eye for positive identification! I have two 1943 steel penny's one with mint mark S and one with no mint mark. Your text to link. 1-1970 D If the penny does not have a mintmark then it was minted in Philly. Would you please post a photo of your 1944-S penny here? So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? Dont be afraid to ask questions to find out more most coin enthusiasts are happy to share information and spread their knowledge. 1943-P Lincoln Wheat Cent Penny: Bronze/Copper. Please peruse our Lincoln Wheat Penny info pages for more information on each of your coins. Wheat pennies from the mid-1940s differ from most other wheat cents. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 1944. Beware of zinc-coated copper penny fakes! See our sister article 1944 Steel Wheat Penny for more details! 1944 Wheat Penny Value Chart (Identification, Valuation & Buying Guide) However. 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. 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. is it worth anything? Hi, Rosa - It's worth mentioning that the value of a 1944 no mint Wheat Penny can also fluctuate based . There are some very rare ones which were combined with steel (more details in our other article covering the 1944 steel wheat penny in detail!). I have several pictures but no way to upload. It sounds to me like environmental damage , so yeah probably just a wheatie.. 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. How much damage has the coin sustained over years of use? I have read somewhere that this can be caused by improper mixture of metals or from deviations on the press itself. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. The rarity of these pennies in good condition is partially due to their quick deterioration compared to pure copper coins. The value of these coins range from several dollars to $1,700 or more, depending on the condition and grade of the coin. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. At a pawn shop, collectors can pay premium values for high-grade 1942 pennies. If you have a proof coin in PR 63 state, it could fetch as much as $44 or more. Check Your Change! These Valuable Pennies Are Worth Thousands An example of data being processed may be a unique identifier stored in a cookie. Required fields are marked *. 1944 Penny Value | Discover its Worth - CoinStudy No mintmarks typically mean that the piece was minted in Philadelphia. hi i have a penny that say 1944 and im wondering how much its worth i saw on the site that only 30 exist and is worth 75000 to 375000 so i would like to know how much its worth? Rare Pennies. The 1944 steel penny is an incredibly valuable and rare coin that is worth a substantial amount of money. A list of pennies in the current pool of circulating United States currency. Fine. Check out a list of the most valuable coins in circulation worth up to $9,477. A 1944 no mint Wheat Penny in uncirculated condition can be worth around $50 to $200 or more. A 1944 no mint Wheat Penny in good condition can be worth around $2 to $10. 1924 D Wheat Penny. Here is our pennies worth money list based on recent auction records. 1944 Lincoln (Wheat) Penny Value | JM Bullion Their site contains lots of helpful images and detailed information about different coins. The coin was minted for less than a year and was produced at the Philadelphia Mint. In fact, the very valuable twin to the rare 1943 copper cent was born in 1944. It's because of a low rarity level. A penny in good condition will remain bright and full of small details, while a penny that is less than good condition may be dull and lack detail. 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. How can I tell if it is worth any money. One rare 1944 Wheat cent to watch out for is the 1944-D/S. 1,435,400,000 wheat pennies struck at the Philadelphia mint. Thankfully, theres a very easy way to tell genuine 1943 copper pennies apart from those that were former 1948 pennies. A number of 1944 Wheat cents were struck on dime blanks! I'm afraid the photo did not upload correctly. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. Thank you for your question, If you could post a couple of photos that would help. Off-centered strikes create a lopsided appearance, where the head of Lincoln or other part of the design is not centered in the coin, and one side is larger than the other. Here's what's so special about the 1944 steel cent. Continue with Recommended Cookies. 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. Prices Calculator only figures the copper melt value of Pre-1982 U.S. Lincoln 95% Copper Pennies. Interestingly, there is a significant off-metal error from 1944, and that is the 1944 steel Penny an inadvertent striking that presumably occurred when some 1943 steel Planchets were left behind in the hoppers that feed coin blanks through the striking machinery at the U.S. Mint. What if anything are they worth. * The steel 1944 pennies are quite valuable. Using a sensitive mini scale is useful for accurate weighing. Copper was in short supply because it was needed for ammunitions purposes during the war. 5. 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. Any advice? Additionally, some of the metal used was salvaged from melted-down ammunition and shell casing, making the coins even rarer. 2) 1943 Copper Wheat Penny - $250,000. TheLincoln pennyhas been around for more than a century with most coin collectors being familiar with its bronze features. For instance, a 1944-S Lincoln wheat cent graded MS67Rd, sold for $3,290 in 2016. 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. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. Copper 1944 wheat pennies with no mint marks, D mint marks, and S mint marks are found all over the place. If your 1944 steel cent is authentic, it's worth $75,000 or more. Meanwhile, many coin experts believe there are a few that have yet to be discovered. Furthermore, it's not always the condition of a coin that makes it the most valuable. You can read learn about coin grading in these two articles and then find a reputable dealer near you: Im fairly new to coin collecting and found this metal detecting but un aware if this is error coin or just another wheat. A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. Phil, it would be helpful if you uploaded an image(s) of the penny. Additionally, wheat pennies can have a variety of mint marks, meaning where it was made, located on the reverse side of the coin. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. There are a few key features to look out for to ascertain whether a 1944 wheat penny is genuine or not. 15 Most Valuable Pennies Still in Circulation | Work + Money Real Helpful. 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 value of a 1943 copper penny depends on the condition and type of the 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. But this penny1944 brown wheat penny has a DD "T" on the obverse. a few week ago i picked up a coin which is 1944 can you tell me if it worth anything? 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? The 1924-D and 1931-S were both issued in limited mintage, making them rarer than other minted pennies. The price of your 1944 penny will increase if it is a rare variety. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). Check your inbox or spam folder to confirm your subscription. 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. It is believed that only 30 of these 1944 steel pennies are in existence. 1944 Lincoln Wheat Penny Value Guide - Gainesville Coins This video is all about the 1944 Penny. 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 . 1-1954 Wheat penny $0.20. 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. All 1944 wheat pennies, regardless of mint mark, are worth significantly more than their face value. Three sites you can try to buy coins from are: Cars revolutionized our lives, as personal mobility is one of the most important aspects of modern society. There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. STEEL cents can be extremely rare and potentially worth in the millions if it features a 1944 date. 1943. A 1944 wheat penny is considered rare because they were not made with a large mintage. Extremely fine. Hello, Silvia -- Traces of the S can still be seen above the top edge of the D mint mark. Using a sensitive mini scale is useful for accurate weighing. Generally, 1944 Wheat Pennies in "Good" condition are worth between 15 to 20 cents each while those in "Very Good" condition have a value which ranges between 20 to 35 cents each. It should weigh 2.7 grams. Why is 1944 wheat penny rare? - coalitionbrewing.com Most coin dealers will only pay a few dollars for them.