I primarily collect and study U.S. coins produced during the 20th century. Hold the coin a small distance from a 100-watt light and tilt at a shallow angle brings out subtle details. As this year was quite a common year for wheat pennies, it may be unlikely the coin would be worth a lot of money. Why Are 1943 Copper And 1944 Steel Penny Errors So Valuable? A clipped-planchet error was created. Answer Save. The opposite case to the 1943 bronze coinage is the zinc-plated steel coinage, the 1944 Wheat Penny. World War II was happening in 1944, and hundreds of millions of people were reading newspaper headlines and tuning into radio newscasts to stay current on the latest from the battle lines. This same 1944-S brought $373,750 when auctioned on July 31, 2008 , … In 1944 Denver mint struck 430,578,000 pennies. We have created a list of wanted coins to help you learn which pennies are worth money. Relevance. Thanks for the A2A but… I am quite sure you COULD google this answer for yourself, however you are probably getting Quora Pay for questions so here goes. Looking closely at the toned 1945 cent no flatting and disturbance of metal is evident on high areas of his ear. There are numerous fakes of both rare types. Philadelphia and two branch mints struck pennies creating these unique coins. The lowest value wheat penny are those that were issued from 1944 to 1949 with the exception of the 1944 D/S penny. "S" Mintmark Under Date: San Francisco Mint Struck the Coin. More than $100,000! This toning is not used as an indication of wear. Ever popular with collectors, demand is enough to show a slight premium. Lincoln Wheat cents span the years 1909 through 1958. (Note: Most of the coin prices are realistic amounts that a dealer will pay you. High in relief, the ear remains without any smoothing to original mint luster and texture. As with all selling processes; organizing the coins in a manner a dealer can efficiently asses their worth aids in returns to you. A few zinc coated steel planchets were mistakingly used in 1944 and these are worth a lot of money. A penny that a Massachusetts teenager found in his change from lunch money could be worth as much as $1.65 million (£1.3 million) when it is auctioned off. Extremely Fine Grade: A small amount of circulation wear is evident on a coin grading Extremely Fine. I'm the Coin Editor here at TheFunTimesGuide. A soft brown toning of the copper lends to a nice eye appeal. Stages of wear are identified and a grade is determined. Favorite Answer. Collectability and eye appeal is important to value. I’m 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. #2 1944 Steel Wheat Penny – $7,500 – $200,000. US coin value charts covering cents to gold. That’s the 1944 D/S error penny. Begin evaluating your coin and finalizing value by confirming its Date: Dates are a main focus in collecting coins. Often preserved with bright luster, mint state pennies are a collector favorite and valued highly. Shades of brown develop and lays on top of the surface, toning a coin. After punched as a blank it received a rim at the upsetting mill and then to coining presses becoming a 1944 penny. Average Circulated Condition: Collectors consider a wheat penny with moderate to heavy wear as grading in Fine or lower condition. Any wear occurs on the hair detail lowering its profile. It marks the first time any US coin exceeded 1 billion pieces. Subtle curving of letters upwards onto the rim indicated a lesser quality strike. Lincoln's portrait is high in profile and subject to wear. "D" Mintmark Under Date: Denver Mint Struck the Coin. Next: Mint Marks: In 1944 three varieties of cents were produced. Each is unique in scarcity, popularity and desirability. Demand for each is steady. Coin Values Moving with Precious Metals: Up-Dated 2/15/2021: Gold $1820 | Silver $27.58, Locate the correct position on the chart finding 1944 penny value. They’re zinc-plated steel, just the same as the 1943 cent. BevD. Less than 50 1944 coins are known struck in steel. Date | Mintmarks | Condition are described and imaged with each series. Closely followed by condition of the coin. 1.) Certainly it depends on the actual coin and story behind it. . However, many people mistook the 1943 steel penny for a dime, and others complained about the steel becoming rusty. With subtle points to condition separating values Grading Lincoln Wheat Pennies examines the different grades using video and descriptions. Tilt the coin to follow a complete band of mint brightness across both the ear and temple. Abundant supplies consist of many well-worn examples. High speed punching of coin blanks resulted in a slight misalignment with this planchet being punched from an area to close to previous punches. It’s really easy to tell if you have a 1944 steel penny or 1944 copper cent: Another test you can conduct on your 1944 pennies is to weigh them: If you have a 1944 penny that’s silver colored, looks like it’s made from steel, is magnetic, and weighs about 2.7 grams, it’s worth having it certified by a 3rd-party coin authentication service to determine if you have a real 1944 penny! 1943 Copper Wheat Penny - Worth $85,782. US Mint. In 1943, the Lincoln penny was made from a zinc-coated steel composition to help save copper for World War II ammunitions. While Lincoln wheat pennies were traditionally struck in a 95% copper and 5% tin and zinc, those made from 1944 through 1946 were struck on planchets consisting of 95% copper and 5% zinc. Lincoln's ear and the hair just above is a very high point of the design. Values of Coins of UK - The Penny. A small flat spot just connecting the ear and hair is evident. It’s time to find out if you own the $100,000+ 1944 steel penny, or if your 1944 Lincoln cent is worth just 3 to 5 cents. With the highest number coined in all the wheat design series, 1944 cents are Abundant on a rarity scale. 282,760,000 pennies. One of the first areas on the coin to evidence wear is Lincoln's ear and surrounding hair. A lot of collectors get excited when they find a silver colored 1944 cent — thinking they found the rare 1944 steel penny. Collectors include all three varieties of 1944 wheat pennies in their collections. Thus, Lincoln pennies made from 1944 through 1946 are often called ‘shell case cents‘ or ‘shell case pennies.’. Step 1: | Date and Mintmark Combination Identify 1944 Penny Variety. The value of a 1944 wheat penny really depends on whether it was in circulation or not at the time of its release. But in virtually every case, what they have are silver-colored 1944 copper cents. A plus is a clear date and portrait of Lincoln. A bronze coin (30.8 mm diameter with plain edge) featuring a bare head of George VI facing left; around, GEORGIVS VI D:G: BR: OMN: REX F:D: IND: IMP: ; below head in small lettering the artist's initials HP. I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. For reasons that are still uncertain, a few pennies were minted in steel in 1944. Identify Date and Mint Marks first. 1944 UK penny value. There is one exception to copper pennies being worth only a few cents these days. Wheat pennies from the mid-1940s differ from most other wheat cents. Discoloration is absent and the surface of the coins are medium toned. Mint marks create varieties of 1944 wheat pennies, each collected and valued separately. In fact, over 430 million of them were struck. 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. Physical Description. View all lettering along rims of both sides. Mint marks identify branch mints and further narrow value range. Here’s how to tell… 1944 Penny Facts The 1944 Lincoln cent is one of the most common wheat pennies, which were minted from 1909 through 1958. Here are just a few. 1944 Lincoln Wheat Pennies Values And Prices Past Sales is a 1944 wheat penny worth any money is important information accompanied by photo and HD pictures sourced from all websites in the world. I'm also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), 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). Check out the list below, some of these old coins are worth a ton of money. A less encountered error is a coin with two clips. Identify your coins using the image links. Please refer to the other articles for info on values for your other coins: Images in the grading section are used to recognize a close match and complete the grading process. Check down the back of the couch, because you might find a penny that is worth almost $100,000. Selling a few or many wheat pennies for the best value starts by separating the coins into "market categories" for consideration by the dealer. Collectors and dealers use a process of identifying and confirming: Date | Mint Mark | Condition. The government produced around 1,435,400,000 of these pennies in 1944. No Mintmark Under Date: Philadelphia Mint Struck the Coin. These are worth about 10 cents. Responding to the public outcry during a time of rations, officials in the U.S. government decided to return to using copper in the penny beginning in 1944 — choosing to derive the copper from spent shell casings. https://nnp.wustl.edu/library/publisherdetail/51 This price does not reference any standard coin grading scale. Small details necessary to accurately value are described. https://www.usmint.gov/about/mint-tours-facilities/philadelphia/tour-information A value difference is found in the San Francisco cent and condition. Lv 4. Even though the United States Mint switched pennies from a steel composition to copper in 1944, some steel planchets were left behind in the presses, presumably by accident. Value of these clipped planchet errors is dependent on amount of metal removed and overall condition of the coin. Some don't have mint marks. I know it sucks but if you have a 1943 copper penny then its worth up to 20,000 dollars or more. Additional Info: 1944 wheat penny or wheat cent has many errors to report. You can sell those from $1,500 (lousy condition) to about $70,000 (mint condition). Check out the list below, some of these old coins are worth a ton of money. The steel 1944 pennies are quite valuable. No stupid answers. the following surrounding legend: 'GEORGIVS VI D:G:BR:OMN:REX F:D:IND:IMP.' The government also produced a few steel wheat pennies in 1944 by mistake. From the top condition coins collected by advanced collectors to worn examples; to an affordable collection for young collectors, the range of value is extensive. 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 $75,000 and $110,000, … Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because they’re so rare. Values, images, specifications for the 1944 penny coin from Britain, England, United Kingdom My love for coins began when I was 11 years old. Adding to the penny's value, this example is also red in color. A visible error, clipped planchets become an interesting specialized set. Maybe you have a 1944 penny silver in color and wonder if it’s that rare penny you’ve heard about. Old pennies handled with care and well preserved are sought by collectors. Minimum value of wheat pennies is further refined by condition of the coin. Always be sure to check your pocket change and collectors coins carefully. It is the first time any coin topped the 1 Billion mark. A good indication of coins below the extremely fine grade is large flat spots on the cheek below the eye and jaw line extending to chin. 1943 Copper Wheat Penny - Worth $85,782 If you find a 1943 Copper Lincoln Cent, check with a magnet. 1,435,400,000 wheat pennies struck at the Philadelphia mint. Does anyone know if a penny from 1941 is worth any money today? Colors of Mint State Grade Wheat Penny Color of a newly minted wheat penny - a bright red-gold - changes over time. https://www.usmint.gov/learn/collecting-basics/glossary, Date by DateIn Depth Lincoln Penny ValueEarly Era 1909 to 1933, Date by DateIn Depth Lincoln Penny ValueSecond Era 1934 to 1958. A Flying Eagle Cent in the well-worn condition is worth about $15 to $25 if you sold it to a coin dealer. Copyright © 2004-2021 The Fun Times Guide | Privacy Policy | About | Contact | Sitemap. Light wear is the key to identifying wheat pennies in extremely fine grade. Next, judge condition of the coin. A ‘MS-63’ grade 1943 copper or 1944 steel is worth much more than any regular ‘MS-63’ grade Lincoln Wheat cent. Wheat cents of 1944 are worth a premium in above average condition. Bold details, describes any 1944-S preferred by collectors. 1.) A wheat penny from 1944, if a steel penny, is worth a lot. Tetra images/Tetra images/Getty Images The average value of a penny from 1944, also called a 1944 wheat penny, is between 15 cents and $6 depending on its condition. We make a market in all US Mint cents. An affordable grade included in a collection is Extremely Fine, with a strong demand. Aug 20, 2018 - CoinTrackers.com has estimated the 1944 S Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $8. What makes the imaged cent special is the two curved missing portions. Also if you have a 1975 penny with a double die on the back it is worth up to 75,000 dollars. Perhaps you have a bunch of 1944 pennies and want to know if it’s worth taking them to a coin dealer to sell them. Around 30 steel pennies from 1944 exist with each piece amounting from $75,000 to more than $375,000 depending on its grade. Because the copper used in the 1944 through 1946 pennies were made from recovered ammunitions shells used in World War II. Small clipped areas add a few dollars in value. A continued demand is focused on higher grade examples with sharp details. What is a 1944 penny worth? Set aside any examples showing fine detail of wheat lines to the reverse design. How to Reap the Best Value When Selling Wheat Pennies. Off-Metal 1943, 1944 Cents Bring Big Bucks At Coin Show, Finding The 1944 Steel Penny In Circulation: One Man’s Story, 7 Rare Wheat Pennies & What They’re Worth, Images of America: The United States Mint in Philadelphia. Here’s a glance at some of the important events that were happening in 1944: In addition to the links I’ve included above, here are some other resources to help you learn more about today’s 1944 penny value: I’m the Coin Editor here at TheFunTimesGuide. Demand for each is steady. Large Cents If you have any early cents dated before 1816 CONTACT US Liberty Head Cents (1816 to 1857) These cents are uncommon and we are buyers for any and all. Flying Eagle Cent Heritage Auction Galleries, Ha.com If your small-sized penny is dated 1857 or 1858, it is a Flying Eagle Cent. Filed Under: Coin Values, Hobbies & Crafts Tagged With: 1943 Coins, Lincoln Cents, Pennies, Rare Coins, Wheat Pennies. Overall the appearance of a coin in extremely fine grade is a sharply defined wheat cent. I primarily collect and study U.S. coins produced during the 20th century. Penny 1944 Y. On this example 1944-D penny bright luster remains over the majority of the surface. While the wheat back is inexpensive, the 1944 steel penny costs a fortune. 1944 Steel Wheat Penny - Worth $110,334 2.) Uncirculated Grade: Uncirculated wheat cents are special because of completeness of original details. The 1944 steel wheat penny is worth between $75,000 and $110,000, depending on its condition, while the 1943 copper wheat penny is … I’ve 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! US Mint. Have a 1944 wheat penny and want to know its value? USA Coin Book Estimated Value of 1944-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $380,303 in Average Condition and can be Worth $705,710 to $1,057,179 or more in … These coins never circulated and received no wear to the surface. Yeah i have a 1944 wheat penny also and it turns out its pretty much worth its face value. Error coins when combined with traditional date and mintmark sets offer a depth to the collection. A 1944 copper wheat penny with a "D" mark also has an average value of 15 cents, but it is only worth up to $6 in mint condition. US Mint at Philadelphia Tour. A clear separation of letters from the rim is sought. 1944 penny value in this grading range is found among beginning and young collectors. 1 decade ago. I answered this in another question. Wheat cents of 1944 are worth a premium in above average condition. Images in the grading section are used to recognize a close match and complete the grading process. Victoria Year F VF EF Unc 1839 proof 2800 1841: 10 50 300 800 1841nc 8 20 175 550 1843nc ex. Collectors include all three varieties of 1944 wheat pennies in their collections. If you’ve got questions about 1944 wheat pennies, you’ve come to the right place — because we’ve got the answers! My love for coins began when I was 11 years old. Strong lettering remains on the example wheat pennies. So when we say average, we mean in a similar condition to other coins issued in 1944, and mint state meaning it is certified MS+ by one of the top coin grading companies. 1945 US Mint Annual Report A 1944 Lincoln penny struck at the Denver, Colorado mint facility is nothing special. The value. References. Read on to see the huge spread in price between a common, worn 1944 penny and any 1944 steel penny. An average circulated 1944 penny is an available coin in terms of scarcity. US Mint. This penny has a strong doubling of the wording on the face, and since only three of these coins are known to exist, it is extremely rare. Many folks call them 1944 silver pennies, but there is no silver in the 1944 cent. 2.) Normal deepening of color is found in the higher areas of design, notably Lincoln's coat. left, with the date below the tail, KG above the tail, and a star below the chest. The largest number of wheats cent was minted in 1944 for the whole series. I’ve contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I've also 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! Step Three: Complete a Judgement of Condition: Viewing the chart, condition plays an important role in scarcity and value. *Values are for coins in average circulated condition. Details of the legend are crisp as well as date and mintmarks. You need to know over 2 billion pennys were minted in 1944, so the worth is … Added interest of two clips increases premium. It sold at Stacks Bowers Galleries Auction at the Baltimore Coin Show in March 2018. Coin Term glossary. What makes this coin extremely valuable is the fact that it was struck on a zinc-coated steel planchet . Sold at auction: $373,750 Among the li st of pennies that are worth a lot of money, this coin stands out. Eight highest year of production. So, what’s the difference between the value of a regular 1944 copper penny and a 1944 steel penny? Wear has begun to merge the higher areas of the design. Total of all varieties: 2,148,738,000. The reverse shows a kangaroo in motion facing. 13 Answers.

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