The following table lists thebuy price(what you can expect to pay to a dealer to purchase the coin) andsell value(what you can expect a dealer to pay you if you sell the coin). Grade dictates how much each 1944 steel cent sells for, though minimum values range right around $30,000. The D or S mintmark is found under the date on the coin. One specialist was able to trace only two examples in mint state." They are worth a lot of money! In 1943 U.S. Mint produced the penny out of zinc plated steel to save copper for the war effort, so most 1943 pennies are silver colored. Most critical of all was gasoline. People love to collect coins, and they are always looking for a rare find, such as the 1944 steel wheat penny. Here's a list of the top 10 most valuable pennies for 2023: The reason 1943 copper pennies are so rare is that all of them would have been released by error into the coin supply. Another good way to check is search the web for pics of authentic examples in NGC or PCGS holders and compare the characteristics. 1944 These prices make the Both steel pennies from 1944 and copper cents from 1944 appear silver in color. The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. Where to seel, best bet would be through one of the large auction houses. Some people got it confused with a dime that is almost the same size. There is an inscription across the top that reads, In God We Trust.. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. During World War II, the war effort required a lot of copper to make shell casings and munitions. You can weigh the coin to determine how it compares to the 2.67 grams of a normal steel Important note: Until recently, PCGS certified 1944 Steel Cents under their Mint Error program, which assigned the coins certificate numbers which were subsets of the normal 1944 Bronze Cents. Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. The blanking press punched coin blanks punched out of it. 3,002 views Aug 5, 2016 16 The Magnet Test Once you have a silver colored penny from 1944, you can do a simple magnet test to find out if it is the valuable steel 1944 Steel Penny 2017 Numismatic Guaranty Corporation If you ever thought to discard the loose pennies in your coin purse, hold off. WebThe first 1944 steel cent to be submitted to the Professional Coin Grading Service (PCGS) under its new Mint Error Program has been certified as authentic and graded MS60. She is a member of the American Numismatic Association (ANA) and holds several certifications. It's the COPPER '43 that has fakes out there. The absolute top price one of these pennies has fetched at an auction was $115,000! Were you guys able to find out if it was real? Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. A 1944 D Steel Penny in AU 53 sold for over $37,000. Before you spend the money to gave it graded, it wont grade very high, please have a professional numismatist (coin dealer) check it out. Additionally, the site reports that the 1943 copper penny in perfect condition is quoted at $250,000 and in average condition could be worth more than $60,000. The seller clearly knows that 1944 steel cents are ultra rare and still was willing to let the pair go for under $1000. Manuel maturino, May 2, 2021, My coin sticks to the magnet and it weights 2.6 grams, 1944 steel penny I wanna get it graded cause I looked it up and it sticks to the magnet and it weights 2.6 grams so does it mean it's real. They decided to use steel for the base metal and plate it with pure zinc. I answered this in another question. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. Web1944 D Steel Penny Value In 1944, only 7 steel pennies are known to exist with the D mint mark. In 2008, a 1944-S steel cent in gem uncirculated sold for $374,000, making it the most valuable Lincoln cent ever sold at the time. To help the war effort by eliminating copper from U.S. pennies, the United States Mint came up with a new metallic composition for the one-cent piece. SOOUT OF THE APPROXIMATELY 15-20 1944 STEEL WHEAT PENNIES THAT WERE MADE IN ERROR10 OF THEM ARE OWNED BY ALL OF THE PEOPLE THAT POSTED ON HERE?? Started by This penny weighs 2.7 grams and is easily stuck to a magnet. 1944 Steel Penny 2021 Canada 50 Cent from MINT ROLL ( 1 Coin from roll ) | eBay Yeah, getting it authenticated by a. Check Your Change! These Valuable Pennies Are Worth Top two, andin my estimation, the top ONE. The copper version is worth around $100, so it does have some value. The weight is right, the magnet works, there are only 15-20 known to exist. However, please treat it like it is a real 1944 steel cent (valuable & rare) and don't damage it by cleaning (or dropping it onto a table). Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. 06-20-2021 Heritage Auctions. Die events, One of a kind errors 4. So if you have a 1944 copper wheat penny is there any outrageous value? 1944 steel penny I wanna get it graded cause I looked it up and it sticks to the magnet and it weights 2.6 grams so does it mean it's real Hard to tell from uncropped photos, but looks plated to me. bothers making fakes. The 1943 steel cent is so common and low in value that no one 1974 D Extra Thickness In The Obverse Of The Coin. The 1944 steel cent is noted on the holder as "Struck on Steel Planchet" rather than "Struck on 1943 Steel Planchet" because there is a possibility that the blank came from a 1944 Belgian 2-Francs coin. However, finding that you have a 1944 penny that is silver in color is not definitive proof. The Obverse of the 1944 Wheat Penny. Provenance is also an important clue. If you recently purchased it on eBay/etsy/Craigslist, I wouldn't be too optimistic.. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. She is a member of the American Numismatic Association (ANA) and holds several certifications. Additionally, some scam artists copper-plate steel coins. Sign up for a new account in our community. 1944 Steel Penny https://www.PCGS.com/coinfacts/cointeel/82731). Penny Uncirculated. The pennies minted that year, during World War II, were supposed to be steel so that more copper could be used in the manufacturing of war materials. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. Steel Penny When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Susan B Weird Mint Marks And Oddly Coloured Ones? The site also warns that many 1943 copper pennies are fakes because a 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Wheat pennies made from 1944 to 1946 often were made using recovered ammunition shells from World War II. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! It doesn't look quite right to me, especially the date. "The 1944 steel cent is regarded by many as the poor sister of the more famous 1943 copper cent, but in reality it's a great rarity in and of itself," said Fred Weinberg, mint error specialist/consultant for PCGS and a world-renowned authority. Build a B*tch. 1944 Steel Penny Any genuine 1943 copper pennies are extremely rare mint errors. Routing number of commercial bank of Ethiopia? Click here to Learn How to use Coin Price Charts. In 1943, the pennies were made from a zinc-coated steel to help save copper for this ammunition. Toonie With Rim Issues. All rights reserved. Did This Get Punched Wrong? Take it to the folks who run your state electric utility -- they're real smart; they will surely know. Both steel pennies from 1944 and copper cents from 1944 appear silver in color. MS64 STATISTICALLYIMPOSSIBLE! An MS64 auctioned at $108,000 on the same day. To me, that is proof enough that they know its fake. These can make megabucks, fetching over $1.11 million when in top condition! 1944 Steel Penny Our company has made one of the best approaches towards customers that we supply premier quality products. Also, click here to Learn About Grading Coins. Steel In 1944 the mint switched back to using copper to produce the pennies. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Just slightly so if plated with steel or nickel. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. steel penny It's leaving me crave Chinese food. According to USA Coin Book, a 1944-S Steel Penny in average condition is worth $399,637, and can be worth over $1.11 million in an MS63 grade. WebThe 1944 steel penny is worth between $75,000 and $110,000, depending on its condition. Gave to me before his death , bless his heart. If the coin dealer determines that it is a fake, then you will want to seek a second opinion from another dealer. 00. Anyone that would like to look at it, weigh it, put a magnet on it is more then welcome to do so. It's the COPPER '43 that has fakes out there. This process is the easiest way to tell if your penny is solid copper or copperplated. Powered by Invision Community, Location: Butt: Northern Alabama, Mind: South Central Pennsylvania. The definition is poor throughout. Therefore, because only a small number of pennies were made of copper in 1943 and steel in 1944, they are a rare and valued find for collectors. ", Regency XVIII Preview | Legend Rare Coin Auctions | September 29, 2016. 1944 steel penny.. real or fake Read on to learn how to tell if a 1944 wheat penny is steel. You need to have the penny graded based on its condition if you plan to sell it to a dealer. Either way it would make sense to grade it andfind out! Now have you had the coin authenticated? Though the war was still on, the US collected the metals from their military training areas. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. "This is one of the neatest of all mint errors, and there are probably less than five mint state pieces known to exist. You could be throwing away thousands of dollars. A quick way to check the authenticity of a 1944 steel penny is to see if it sticks to a magnet, according to Coin Trackers. Here is a real 1944 steel Cent: Richard S. Cooper. The coining press struck the copper planchets with the 1943 date. For Sale: 1800 B-13 BB-193 Draped Bust Dollar! Its an even with the rest of the date. Most people believe that all pennies produced by the United States Mint are made of copper. If your 1943 penny does stick to a magnet, it's really made from steel and is not rare. Id want to know, because if it is real, regardless of grade, youve hit the jackpot, if not NGC will let you know or grade it. the internet's only how to tell if search engine, The Lincoln penny has been produced almost the same amount of time as the United States mint has existed. 2.7 GRAMS. Your email address will not be published. Over time, people would find these copperplated steel pennies and think that they found a rare mint error. I am no expert that is for sure you may want to take it to someone local before sending it off. However, if you have a rare steel wheat penny, it could be worth more than $100,000. The 1943 Penny Was Minted in Steel, Not Copper. While there is no silver in the penny, it looks silver and some people call them silver pennies. Despite the policy's of eBay, Paypal, and the sellerthe money will likely be very hard to WebFind many great new & used options and get the best deals for 2021 Canada 50 Cent from MINT ROLL ( 1 Coin from roll ) at the best online prices at eBay! Free shipping for many products! An MS 66 example sold for over $370,000slightly underweight at 2.6 grams but hardly noticeable to the naked eye. Next, the steel sheet was plated with zinc and passed through a blanking press. The US Mint was under contract to produce 2-Francs pieces for Belgium in that year, and the composition and weight of the planchets is indistinguishable from the 1943 "steelies. 1944 Steel Lincoln Cent Errors But not like a steel cent that jumps to a magnet. A Flawed Manufacturing Process by the U.S. Mint, Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing, Kennedy Half Dollar Values and Prices (1964-2015), Lincoln Memorial Penny (1959 to Today) Values and Prices. steel penny 1944 Parker Miller New Member I found this guy Yesterday I was wondering if you guys could help me out on if this is real or not. Once you have a silver colored penny from 1944, you can do a simple magnet test to find out if it is the valuable steel penny or not. 1983 Kennedy Half Dollar Missing Detail Where Nose Intersects Eye Area, 1970 S Nickel In Proof Set Very Thin Lettering, 1939 Jefferson Nickel Found At Nickel Arcade, 1955-P Franklin Half Dollar Value Question. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. I did the magnet test and it is indeed steel, but I question the second 4. Ive been doing a lot of research on this cuz elderly friend of mine asked me to look up a coin for her shes had it her purse for the last 30 years it is a 1944 Steel wheat back penny double stamped sticks to magnet wage right I havent found any other Steel Penny that is double stamped taking it to get a graded tomorrow this might just be the big next big Penny Everybodys Talkin about. These Valuable Pennies Are Worth Thousands, Miami-Dade Mayor, State Attorney Announce New Measures to Protect HOA Residents, Pregnant Inmate Speaks in Court After Appeals Court Denies Petition to Release Unborn Baby. Other than relatively low quality, Philadelphia Mint 1944 steel cents and pieces that are severely damaged, all U.S. 1943 coppers and 1944 steels are currently worth more than than $30,000 each. 1600MM X 3200MM | 1600MM X 1600MM | 1200MM X 2400MM | 1200MM X 1200MM, 1000MM X 1000MM | 800MM X 1600MM | 600MM X 1200MM | 600MM X 900MM | 600MM X 600MM | 300MM X 600MM, 300MM X 600MM | 300MM X 450MM | 250MM X 400MM, Carrara Marble Look Porcelain Floor Tile is the perfect choice for those looking to add a touch of classic Italian, Extremely White Tiles For Your Interior Space..! Intro, older coins, toned coins 2. If only you were on the website of one of the top three grading services in the country. Only 14 left in stock - order soon. You will need a scale that goes to tenths of grams to use the weight to find out which penny you have. Mint workers first rolled a sheet of steel to the proper thickness. It took 0.33 seconds to rattle this change. 1943 Varies BRILLIANT UNCIRCULATED WW2 STEEL PENNY! The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. To ensure your 1943 copper penny is not actually steel, do the magnet test. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. If your 1943 copper penny does not stick to a magnet and the last digit in the date "3" does not look like it was altered from a 1948 penny, then you should seek a second opinion from aqualified coin dealerfor a professional opinion. And then if it is genuine, then you have a major rarity worth serious money. Click here to Learn How to use Coin Price Charts. 1944 Steel The first thing you can do is look at the color of your penny. On my 1944 steel Wheat penny and I tested its weight its is 2.7.It is the real deal.I now am going to get it graded. SCHOCK YOUR FRIENDS! I am sure Most of the members here have one or two steel 1943 pennies I have half a dozen One that is almost to nice to be real a 43 S, and some normal ones. Fortunately, Lincoln cent experts atthird-partygrading servicescan tell the difference by closely inspecting the coin under a stereo microscope. One of the most unusual pennies produced by the United States Mint was the "1943 Silver Pennies." Is My Penny Solid Copper or a Copper-Plated Zinc Cent? Lincoln cent as well. Chinese counterfeiters are manufacturing some high-quality counterfeit coins to deceive coin collectors in the United States. When compared to the PCGS example, it's falling short. If they believe it is authentic, you can ask them to submit it to a third party grading service on your behalf. GRADE MS61 1944 Steel Penny 1944 The 1944 Steel Cent is a very rare off-metal striking created when 1) a steel blank left over from 1943 was struck in the normal production run of 1944 Bronze Cents or 2) a steel blank meant for a foreign coin accidentally made it into a bin of bronze cents. Doubled dies 3. That ear sure has some strange things going on with it. The manufacturing process resulted in bare steel exposed on theedge of the coin. There are a few very valuable error coins produced in 1943. Theres also some sort of doubling or strike though. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. Not inserted in selling or nothing like that. What Are Doubled Die Coins and How to Identify Them, Lincoln Memorial Penny (1959 to Today) Values and Prices, Man Finds $126,500 Penny in Fifty-Cent Roll of Coins. Need help? The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. The 1944 D steel cent is worth nearly $34,000 in average condition. Compared to the real deal (. In 1944 the composition was changed as the cents were made of "shell case bronze" from recycled shell cases for the next two years. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. The front of the coin has Abraham Lincolns profile, and the word Liberty is to the left. But, although they are uncommon, they are hardly rare. steel penny 1944 If your penny has a copper colored appearance, here is how you can authenticate it and tell if it is a genuine 1943 solid copper penny or a fake one. Pawn Stars The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. How do you tell if a 1943 steel penny is real or fake? WebThe 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. Check Your Change! These Valuable Pennies Are Worth Mr.Bill347 Member: Seasoned Veteran 1,625 posts Joined: November 23, See answer (1) Copy. Hello, yes, I have a 1944 wheat penny. You can test your penny yourself by seeing if it sticks to a magnet. $180,000 Required fields are marked *. Grandpa passed away. The 1944 copies now had 95% copper and 5% zinc. Thus, the PCGS Population Report data for the 1944 Steel Cent is understated and should be ignored. These errors are extremely rare, but if you think you might have a 1943 copper penny or a 1944 steel penny, here's how tofind out if your 1943 copper penny is genuine. 1. Essential goods were rationed to American citizens using coupon books issued by the government. Idk where to go I'm from Dallas texas and I just don't want to go to just anybody. 5.0 out of 5 stars 1. Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011. This coming is in very good shape and in my opinion is a MS 67-68. WebAnswer: For a real one, probably low to mid five figures. I have to agree. Moisture came in contact with the coins as they circulated in commerce. Welcome Guest! 1944 S Lincoln Wheat I have a 1944 d steel. $16.95. The liberty looks doubled but it looks good and weighs 2.7g offers accepted that fit into range. The date, 1944, is to the right. They differ in Suffix, Minor Variety, and Die Variety only. So, the mints stopped making Lincoln cents using steel. This caused problems with people's clothing leaving a rusting. 1944 S Lincoln Wheat Penny Average Circulated Good to Fine. Save my name, email, and website in this browser for the next time I comment. Hard to tell from uncropped photos, but looks plated to me. Experts estimated the surviving population of the 1944 Steel Cent to be in the range of 25-30 pieces, or about double that of the known population of 1943 Bronze Cents. And its a little rusty. WebIn 1944 the US mint accidentally produced some steel pennies. With that level of wear, a real Zn-clad steel penny does not look like yours. Email if interested. steel penny Is My Penny Solid Copper or a Copper-Plated Zinc Cent? $1,700,000.00 PENNY. As others have noted, neither four on your coin matches the style of the fours on a 1944. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. Face Impex is one of the Face group of companies that begin in 2006. No way was I going to except that know this coin is worth $130,000. Besides the tests you mentioned the only thing I can think of is sending it to be authenticated with a grading company like PCGS. the 1944 steel penny worth so much You will want to keep this penny under lock and key because it is very valuable. It is important to make sure that your scale is accurate, because the difference is just over 4/10 of a gram. Getting the 1944 steel wheat pennies in todays market isnt easy. PENNY The 1944 Steel Wheat Penny. Study now. The phrase E Pluribus Unum is along the top of the back of the coin. found a 1944 Steel Penny. Is it real 1944 steel penny A genuine steel penny is magnetic. Their rarity is one reason theyre so expensive, but As the totes moved from machine to machine, sometimes a blank from the last batch would get stuck in a crevice. Finally, you mentioned you lived in Dallas. Heritage Auctions is well known for numismatics and are in the Dallas metro area. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Copyright 2023 NBCUniversal Media, LLC. If the tail of the last digit in the date, the number 3, does not extend well below the bottom of the other numbers in the date, it is probably a cut-in-half 8 (see the photo above). WHOEVER IS INTERESTING I WILL SEND PICTURES OF ALL ANGLES EVEN A SHORT VIDEO SO YOU SEE HOW JUMPS TO THE MAGNETIC. I TESTED MY 1944 STEELE PENNY, VERY STRONG MAGNETIC AND WEIGHTS It's easy! As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. When locked, you will be scrolled directly to this table for all coins. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. steel penny Anyone interested please email me at [edited] Thanks. Similarly, any 1944 steel pennies would have been released by error into the coin supply. Learn more about your silver-colored1943 Steel Penny. Metal was not the only commodity that was critical to the war effort. The back of the coin has two inscriptions in the center. In 1943 all pennies minted by the United States mint were made out of zinc plated steel because the United States needed copper for World War II supplies. $30,550.00, 1944 s steel penny,ms68+,sticks to magnet,the real deal, the last real one sold in 2018 at heritage auction for $389,000+ in average condition. What did the Nazis begin using gas chambers instead of mobile killing units and shooting squads after a while. It weighs less than 3 grams. This penny is forsure real. I was offered $3500 dollars. Sign up for NBC South Florida newsletters. #penny #sixfigures #money #foryou Build a B*tch 80K timetotravel007 Timetotravel007 3.1Mviews 80K Likes, 441 Comments. This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. $14 delivery Feb 28 - Mar 21 . Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. Make Offer: Lincoln Cent Doubled Dies And RPMS. The steel cents were officially issued only in 1943, as copper was needed for the war effort. 1944 Steel Penny Errors 1944 Steel Penny IM NOT BUYING THAT AT ALL ! Failing that, might show it to a local dealer. Been lurking here for awhile and decided to become active as I've developed an interest in coins lately. If it is to good to be true it probably is., I agree. 1944 What is the reflection of the story of princess urduja? 1944 Steel Penny 1944 steel penny Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Fake 1944 "Steel" Penny WebSearching Old Pennies - Found a Fake 1944 "Steel" Penny! How to Tell If a 1944 Wheat Penny Is Steel. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. If you think you have a steel penny, you should go to a third-party coin authenticator to find out. It's a modern fake. This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. What Is Happening With This 1972 Penny Rim? When you weigh the penny, if it weighs 3.11 grams, it is a copper penny. 1944 Steel Penny How To Spot A Fake? Have a 1944s wheat penny sticks to magnet and actually found in my purse. Not only is the coin a rarity in all grades with an estimated 75 pieces thought to exist, but most of the survivors are not certifiable due to extreme environmental damage. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. The off-metal rarity is one of the few mint state examples of this error known to exist.