This will help you find out how you should price it, or whether you are paying the correct price for it. If you could post a couple of photos that would help. This will raise the price. THE TOP 5 MOST VALUABLE PENNIES | king5.com Here, well list the average prices the 1944 steel wheat penny currently fetches from cheapest to most expensive. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. For instance, a 1944 wheat penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. The 1944 Steel Wheat Penny Value can be from $9000 up to half a million dollars. 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. 7. 1944 wheat penny The consent submitted will only be used for data processing originating from this website. A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. Look out for valid certification in the listing. 1935 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1935 Some consider the use of shell casings in the production of one-cent coins to be an urban myth, or a patriotic publicity stunt. https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66273164_2432053220357404_6694322626694742016_n.jpg?_nc_cat=108&_nc_oc=AQn135NMWA8_WLgeexIx0-3L79KR9uy24LtJ-5Ej8MKYVw1w4Djc-OA-4IZO3kJqtWI&_nc_ht=scontent-iad3-1.xx&oh=f9f4194589ed2f0b9186e79dc809891a&oe=5DC0334C. A badly damaged and worn coin is lower quality and will lower the value. Josh @ CoinValues. If its a normal 1944, 1944-D, or 1944-S cent, it isnt worth much. If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. Want to "change" your fortune? Coin apps might help 1-1927 S Wheat pennies document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. Source: USA CoinBook. Next, you can evaluate the level of preservation. 1944 Wheat Penny. 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. (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+). Series. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Prices range from around 20 cents in circulated condition, to 35 cents in uncirculated. Find out more here. The rarest 1944 penny is the Lincoln mint mark of the Philadelphia Mint (no mint mark on the reverse side). Make sure not to confuse these with a 1943 date, as more than a billion steel pennies were produced that year. 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. Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. Variety. A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. Look for any errors or discrepancies in the characteristics of the penny. Fine. STEEL cents can be extremely rare and potentially worth in the millions if it features a 1944 date. The coin was minted for less than a year and was produced at the Philadelphia Mint. Take a look at this video to find out more about the history of this incredible coin, and modern valuation when sold through a public auction. 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. Ensure you thoroughly research the exact edition of the coin you would like. 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? Coin Values & More - CoinTrackers. The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. These can make megabucks, fetching over $1.11 million when in top condition! This makes the 1944 steel wheat penny incredibly rare and hence valuable. Whereas 1944 steel pennies, and those with fascinating errors are rare and elusive! 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. Image: USA CoinBook. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. 1944 Lincoln Wheat cent. 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. I've never seen anything like this. These pennies are worth substantially more than their face value, with circulated coins selling for as high as $110 and uncirculated coins selling for as high as $3,500. The penny was minted in the United States during World War II, which caused metal rationing in the US and elsewhere. Any 1944 Wheat Penny that is deemed to be in "Fine" condition can . Thank you The rarity of 1944 wheat pennies is also supported by their current value. 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'remodelormove_com-medrectangle-4','ezslot_3',156,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-medrectangle-4-0'); The 1944 wheat penny would be incredibly rare and valuable with this mint mark and can be worth hundreds of thousands of dollars. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'remodelormove_com-large-leaderboard-2','ezslot_15',158,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-large-leaderboard-2-0'); Specific Rarity You also need to consider the specific rarity of your 1944 penny. shows Britannia seated facing right, wearing a helmet, and holding a trident. What 1944 wheat penny is worth a lot of money? If the penny is moved by a magnet, it has steel content, if not it is copper. Value: $59,073. I'm not sure if you would call it a lamination error, or a cracked skull. This record would not be broken until 1960, when 2,167,289,000 Lincoln Memorial cents were produced. 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. While the face value of a 1944 penny is 1 cent, the coin is worth about 15 cents. Also look out for valid certification in the listing from Third Party Graders like the PGCS. How Much is a 1942 Wheat Penny Worth? (Price Chart) - Something Borrowed Auction Record Value. and new product arrivals. One rare 1944 Wheat cent to watch out for is the 1944-D/S. Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. Above the portrait there is an inscription which says in god we trust. Read more in our privacy policy. 1944 steel wheat pennies are the rarest kind of 1944 wheat penny, and can fetch an incredibly high price at auction. Answer (1 of 7): There are two basic kinds of 1944 penny: those made from steel, and those made from copper. One of the rarer 1944 wheat pennies that can be found is the D/S wheat penny. 1944 D Steel Penny Value. 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. 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. 1944 Lincoln Wheat Penny Value Guide - Gainesville Coins HOW DO I LOAD PIC ON THIS SITE ?!?!?!? Extremely fine close to perfect! Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. Further increasing the rarity of 1944 wheat pennies is the fact that they were not made with the steel core that other coins had during the war. Therefore, any wheat penny from these years and these two mint marks in MS63 or higher condition is highly desirable. High-end specimens of the 1944 steel wheat penny have been known to fetch up to $400 at auction, but even then, it is nowhere near the million-dollar mark. Are there signs of wearing where the words and images have been rubbed away? As of 2020, a 1944 steel penny can sell for upwards of $75,000 depending on its condition. 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 . Our comments section is mostly for commenting and only allows remote image embeds. Josh. 1944 Penny Value | Discover its Worth - CoinStudy Here, well list the average prices they currently fetch from cheapest to most expensive: For more details on the exact type of 1944 steel wheat penny and the average value of each kind, see our sister article 1944 Steel 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. 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. You might have hit the jackpot if you happen to find a steel penny with a 1944 date. The 1909-S and 1914-D have the distinction of being the only wheat pennies minted at the San Francisco and Denver Mints, respectively. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. In later years it was rumoured that the anonymous buyer was in fact Bob Simpson, owner of some of the finest mint condition . Imaged by Heritage Auctions, HA.com. I have one 1944 penny. 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. I have a 1944 penny with a number 8 underneath it. This coin sounds like something worth checking out, but it will need to be evaluated further before we can determine exactly what's going on with it. It is believed that only 30 of these 1944 steel pennies are in existence. 1931-S Lincoln Cent. The rarity of these pennies in good condition is partially due to their quick deterioration compared to pure copper coins. 1944. In AU graduations the price range is between $5,875 and $34,500. It shows that all 1944 wheat pennies had the highest mintage in US coinage history. ), 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? I have found the 1944 s wheat coin. What is the 1944 Lincoln penny and what makes it worth $1.1million Meanwhile, many coin experts believe there are a few that have yet to be discovered. Seven to ten 1944-D steel cents struck at the Denver Mint are thought to still exist, but only two 1944-S steel cents are known. 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? When it comes to evaluating 1943 Lincoln cents, the . Im fairly new to coin collecting and found this metal detecting but un aware if this is error coin or just another wheat. 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. The 1944 wheat penny is a must-have for coin collectors everywhere! There are auction companies throughout the United States that would love to put a coin like yours on the block. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. What Is the Value of a 1943 Copper Penny? At a pawn shop, collectors can pay premium values for high-grade 1942 pennies. 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. A 1944 Uncirculated, or Mint State, wheat penny with no defects may be worth up to $1000. Thank you for your question, Required fields are marked *. Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). Face Value: $0.01. So, expect them to have a low market value. Your next step is to have your coin authenticated by a third-party coin grading company. 1922 1-Cent. When it comes to valuing the 1944 steel wheat penny the mint mark, condition and rarity are the key factors which will dictate the overall value. Their site contains lots of helpful images and detailed information about different coins. What do you do with these coins? 1924 D Wheat Penny. 1944 marked the return of copper to the Lincoln Wheat Penny coins, though the denomination wasn't struck with exactly the same composition as in 1942. There are 2 variation of the 1944 penny, one made with a metal mixture of both copper and zinc, and the other all copper. 1-1969 D It is one of the famous Lincoln coins, and can fetch a high price at auction depending on. Because the 1944 Lincoln penny is so old, collectors only desire to have pieces that have been graded. Also it seems to have unusual imprints on Lincolns face. Using a magnifying glass is recommended. So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? The most valuable wheat pennies are usually those that are in pristine condition and possess a rare date and mint mark combination. 1943 Bronze Lincoln Cent. The price of your 1944 penny will increase if it is a rare variety. PCGS has many different coin apps . Around 2.1 million wheat pennies were produced in 1944, more than any other year! 1943-P Lincoln Wheat Cent Penny: Bronze/Copper. With these resources, you can make an informed decision as to the approximate value of your 1944 wheat penny. 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!). The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. The 1944-D Wheat Penny is also quite valuable, worth up to $85 for a circulated coin and up to $1,500 for an uncirculated coin. Latest Offers, Straight To Your Inbox. Next, you can evaluate the level of preservation. Whats the Most Expensive Coin Ever Sold?