Copper 1944 wheat pennies with no mint marks, D mint marks, and S mint marks are found all over the place. ), 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. More Wheat cents were made in 1944 than any other year -- more than 2.1 billion across all three Mints. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. How do I know if my 1955 penny is double die? 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. Around 2.1 million wheat pennies were produced in 1944, more than any other year! 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. 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. Steel pennies were only made in 1943 and 1944, and are highly sought after for their rarity and historical value. 1943 Steel Penny Value (Worth A Million Dollars?). Also look out for valid certification in the listing from Third Party Graders like the PGCS. Here's more info on those: https://coinvalues.com/library/coin-slabbing-services Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. Uncirculated specimens could be worth a few dollars. Shell casing Wheat cents can sometimes display a brighter color than a normal bronze cent. The 1944 steel wheat pennies are a combination of leftover steel and copper. The actual wheat stalks are positioned to the right and left sides edges of the coin. Ensure you thoroughly research the exact edition of the coin you would like. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. 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. 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. These were pennies that were minted at the Denver Mint, but mistakenly stamped originally with an S mint mark for San Francisco. Many of them never went on the market and remain uncirculated. The 1944 Wheat penny is a copper coin with no silver or tin content. You can tell whether you penny is made from copper or steel by holding a magnet to it. Marie Lynn on September 18, 2019: I have a1983D and 1997double ear penny. 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 1802 Draped Bust Half Dollar is among the most valuable half dollars. Find out more here. 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. 1944 LIBERTY WHEAT PENNIES It sounds to me like environmental damage , so yeah probably just a wheatie.. However, people complained that these pennies were not strong enough to use as regular currency because they eroded quickly. Required fields are marked *. TheLincoln pennyhas been around for more than a century with most coin collectors being familiar with its bronze features. The bottoms of all of the numerals in the date of 1948 pennies, on the other hand, fall roughly in line with each other. 10. 1-1955 D Wheat penny 4) 1873 Indian Head . Condition The condition of your 1944 penny is a major factor in determining its value. Always make sure you are buying pennies from a reputable seller. This is why it is classed as one of the 1944 wheat error pennies. 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. Value: 1915 S Wheat Penny. 5% zinc and/or tin value and weight not included. 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. Its value ranges from 20 cents to 50 cents, but it could be worth way more than that, depending on its qualities. For instance, a 1944 wheat penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. This is technically called coin grading. Manage Settings You can also post a photo of this 1944 cent in our Forum: https://coinvalues.com/forum Uncirculated specimens can be purchased for less than $5 each. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). These zinc-coated steel Wheat cents were a stop-gap measure to keep the US economy from seizing up while the Mint looked for alternatives. No, a 1943 copper penny is not worth $1000000. Join us today for FREE! Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. How and where do I upload images? Im fairly new to coin collecting and found this metal detecting but un aware if this is error coin or just another wheat. There are other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. Hence, when searching for this edition you may find it called the 1944 steel Lincoln penny instead. In this mint, 991,655,000 coins were minted. Required fields are marked *. If you have a proof coin in PR 63 state, it could fetch as much as $44 or more. Are there any scratches or nicks present on the surface of the coin? To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. 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. $0.01 USD. Design The design of the 1944 penny can also impact its value. Josh @ CoinValues, 1943 "D" one CENT wheat I FOUND wath is the value, Hello, Felipe -- This record would not be broken until 1960, when 2,167,289,000 Lincoln Memorial cents were produced. When it comes to evaluating 1943 Lincoln cents, the . Would you please post a photo of this coin here in the forum so I can see what it is and provide some advice on its value? 1-1970 D I have one as well, have you found any info on it? He discovered documentation in the National Archives confirming the use of shell casings to make Lincoln cents when researching his book United States Pattern and Experimental Pieces of WWII. Our comments section is mostly for commenting and only allows remote image embeds. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. Herea a quick guide: It can be fairly easy to evaluate a coin yourself to get an idea of how much it is worth. Basically in mint condition with only perhaps some natural discoloration, highest market value. 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. 2,147,483,647. There are auction companies throughout the United States that would love to put a coin like yours on the block. If you buy thru these links, we may earn a commission at no additional cost to you. Josh. Josh. 1-1956 D Wheat penny If you find a D beneath 1944 this is the mintmark of the Denver mint. You can post your question in our forums and upload some pics; then it would be much easier to help you out: https://coinvalues.com/forum. It is one of the famous Lincoln coins, and can fetch a high price at auction depending on. Hello i have a 1944 no mint wheat penny and upon a closer look with magnifying glass it seems to have tiny holes on the back that are not noticeable with the eye. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). Save my name, email, and website in this browser for the next time I comment. 2-1958 D Wheat penny Josh @ CoinValues. Has any one seen a 1955 penny with 55 over 55 and has crack runs through the 55 and missing the word trust. . 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. It should weigh 2.7 grams. 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 to USA Coin Book. Watch out, because the 1944 steel wheat penny has been sold for over $1.11 million! If the Wheat Penny shows any signs of being in outstanding condition, it may be a rare Wheat Penny. They are some of the most common of common-date Wheat cents. Die cracks can cause parts of the design, lettering, and date to be missing on the surface of the coin. I've never seen anything like this. 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. 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? Josh @ CoinValues. Here, we will equip you with information about the 1944 wheat penny, and its key features such as mint marks and errors. 50 to $25. One of their most popular is " CoinFacts .". Face Value. 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. Their novelty can bump up the price of a 1944 wheat penny, so look out for these unusual error coins! What if anything are they worth. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! If it's in extremely good condition (near mint) then maybe worth $1.00. Your email address will not be published. Its pretty neat. Composition: 95% copper, 5% zinc. The price of your 1944 penny will increase if it is a rare variety. When we say good, fine, extremely fine, and uncirculated condition, what do we mean? Thank you for your question, If it's Uncirculated, expect it to be priced at around 35 cents. There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. If you are still unsure, you can try posting images of your coin on forums such as Coin Community. Check your inbox or spam folder to confirm your subscription. It should weigh 3.1 grams. $0.40. 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? 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. Theyre worth far more than the famous 1909-S VDB penny the rarest regular-issue Lincoln cent: Of course, when a penny is worth more than $85,000, youd expect a few counterfeit examples to be floating around out there. Technically, the lack of tin meant that these coins were made of brass, not bronze. Don't be the last to know about the latest deals 1-1945 D Wheat penny 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. In 1944, copper became more readily available again, so the mints began produce copper wheat pennies. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat penny. The 1944-S wheat penny is the most sought after and valuable of the lot because it was minted at the San Francisco mint where production numbers were lower than other your other wheat pennies. Face Value: $0.01. See our sister article 1944 Steel Wheat Penny for more details! It's likely to have a value of ten or twenty cents if in circulated condition. 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. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. 1944 D Steel Penny Value. Depending on its condition and mint mark, it could be worth anywhere between a few cents and several hundred dollars. Usually reputable sellers include very detailed information and several photographs in the coin listing. Extremely fine close to perfect! In 2018, bidders were ready to part with up to $24,000 for a rare 1944-D/S Lincoln cent. I have a 1944 wheat penny. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, How Much Is A $5 Silver Certificate Worth? Of course, there was no silver content in these coins; just steel and zinc. 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. Hi, Elizabeth -- The 1924-D and 1931-S were both issued in limited mintage, making them rarer than other minted pennies. One of the key questions which comes up surrounding the 1944 steel wheat penny is how to tell a fake penny from a genuine penny. Mintage. The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. Good luck! So, if your 1943 copper penny doesnt have a long 3, then its not genuine. 1944 Lincoln cents are generally, even so, widely available, and can be purchased for between 10 and 20 cents in the most common class. The 1943-S was the rarest wheat penny issued, with less than 1,000 ever produced. 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. The 1944 wheat penny is a must-have for coin collectors everywhere! A published writer, Steven's coverage of precious metals goes beyond the daily news to explain how ancillary factors affect the market. Value: $389,968 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. Here's what's so special about the 1944 steel cent. $115,000! Im the Coin Editor here at TheFunTimesGuide. Thank you. Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. Of all the cents currently in circulation these pennies are worth the most money. You can read learn about coin grading in these two articles and then find a reputable dealer near you: When researching the value of your penny, it is important to be sure to consult a reputable source. 5. The speculation began almost as soon as the coins were released. In 2021, an MS64 graded coin (pictured left) sold for $180,000. Above the portrait there is an inscription which says in god we trust. The reason there are so many 1944 steel cents from the Philadelphia Mint is that 25 million leftover 1943 zinc-coated one-cent steel blanks were used in 1944 to make an emergency issue of 2-Franc coins for liberated Belgium. 56 1944 Penny Value Locate the correct position on the chart finding 1944 penny value. 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. (Melbourne mint variety). From the San Francisco mint, they struck 282,760,000 1944 wheat pennies. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. Circulated 1944-S Lincoln Wheat Pennies are worth between ten and twenty cents, depending on the condition. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 4. In 1944, only 7 steel pennies are known to exist with the D mint mark. 1944 steel wheat pennies are the rarest kind of 1944 wheat penny, and can fetch an incredibly high price at auction. The 1944 S steel penny, in average condition, can be worth around $400,000. Would you please try again, using a jpeg photo file under 2 MB? The following will provide you with a listing of the different coin grades as well as what they . Here is our pennies worth money list based on recent auction records. 1944 wheat penny You can also try to get a good deal on one online through USA Coin Book or eBay. The exact worth of a 1944 wheat penny can vary greatly depending on its condition. What is a 1944 penny worth? The most valuable 1944 penny is a 1944 Steel Wheat Penny. A badly damaged and worn coin is lower quality and will lower the value. 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 . I have two 1943 steel penny's one with mint mark S and one with no mint mark. A number of 1944 Wheat cents were struck on dime blanks! Hi, Jill! Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. 1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade. plz answer back as soon as possible. This post may contain affiliate links. The 1944 wheat penny would be incredibly rare and valuable with this mint mark and can be worth hundreds . That will get you the highest price. What do I do next . How much damage has the coin sustained over years of use? Prices Calculator only figures the copper melt value of Pre-1982 U.S. Lincoln 95% Copper Pennies. https://imgur.com/N7jYHNP, 1944 s wheat penny How can I get ten 1944 Steel pennies authenticated for insurance? The Draped Bust Half Dollar is one of the most valuable half dollars, worth an estimated $117,500 at an auction in 2015. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. Stay up to date with everything about U.S Coins, We dont spam! Unless the origin of the stamp can be traced, such altered 1944 Lincoln cents are generally worth only 2 to 3 cents. Using a magnifying glass is recommended. 1909-S VDB Lincoln Cent. That is why, unlike most coins, we can find 1946 pennies without a mint mark at very high prices. During World War II, pennies were produced using steel with a zinc coating. They may be able to help you discern a fake from a genuine. Top 30 Most Valuable Wheat Pennies. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). 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. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. Wheat pennies are commonly graded using the Sheldon Grading System, which goes from 1 to 70, and prices vary greatly depending on the grade. Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. We and our partners use cookies to Store and/or access information on a device. Separately, I uncovered Congressional testimony to the same effect. The 1944 Wheat penny is a copper coin with no silver or tin content. Hello, I have 1944 wheat penny that has an error at the back, missing letter ME for AMERICA, is this penny worth something? To avoid this, make sure you check the sellers history and whether or not the coin was certified in the listing.
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