Undistributed copies can be purchased for approximately $5 each. Copper 1944 wheat pennies with no mint marks, D mint marks, and S mint marks are found all over the place. 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As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. 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. Grading the 1944 Lincoln Penny. Continue with Recommended Cookies. Average value: 1944 wheat penny no mint mark: Good. What is a 1936 Great Britain penny worth? - Sage-Answers Josh @ CoinValues. The S was buffed out and replaced with a D mint mark for Denver. Uncirculated the best of the best! Value: These valuable pennies are worth anywhere from $30 to as much as $1,200. Debates have swirled over whether shell casings were used to make Wheat cents in 1944 through 1946. The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. The most valuable of the wheat pennies is the 1944-S Wheat Penny, which was minted at the San Francisco mint. The mint mark, when present, can be found on the obverse side of the coin below the date. 1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. Watch out, because the 1944 steel wheat penny has been sold for over $1.11 million! Has any one seen a 1955 penny with 55 over 55 and has crack runs through the 55 and missing the word trust. Meanwhile, many coin experts believe there are a few that have yet to be discovered. By: Author Olin Wade (Remodel or Move Stuff). Other scarce wheat pennies include 1909-S Indian Head, 1911-S, 1924-D, 1926-S, 1931-S, and from 1937 to 1958 none of the Philadelphia or Denver issues exist in large quantities above Gem condition. It is the first time any coin topped the 1 Billion mark. 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. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Buying rare and unusual pennies online is pretty easy as long as you know exactly what you are looking for. 1-1927 S Wheat pennies 50 to $7. A low grade example can sell for about $20 with higher end mint-state coins selling for several thousand dollars at auction. Josh @ CoinValues, Nicole, Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. 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. Wooden Nickels Value: How Much Is A Wooden Nickel Worth? if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-large-mobile-banner-2','ezslot_20',164,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-large-mobile-banner-2-0');The most valuable of all wheat pennies is the 1909-S VDB penny, which is valued at around $6000 in uncirculated condition. Please peruse our Lincoln Wheat Penny info pages for more information on each of your coins. 10 Most Valuable Half Dollars: You Won't Believe How Much They're Worth 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? penny from 1943.s 1944 1945.1919 some silver an so copper who or how . 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! If you have a proof coin in PR 63 state, it could fetch as much as $44 or more. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. Its pretty neat. The 1944 steel penny is an incredibly valuable and rare coin that is worth a substantial amount of money. Unlike Lincoln cents made from 1909 to 1942, which are 95 percent . 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. https://coinvalues.com/community/stream/item/5616. I have inherited a massive coin collection. The mint struck about a billion Lincoln pennies . How can I tell if it is worth any money. The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. If its a normal 1944, 1944-D, or 1944-S cent, it isnt worth much. Image courtesy of My Road to Wealth and Freedom. 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. 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 . [1] Hearings Before the Subcommittee of the Committee on Appropriations House of Representatives Seventy-Eighth Congress Second Session On The Treasury Department Appropriation Bill for 1945 pp. 1946 Wheat Penny Value: are "D", "S", No mint mark worth money? 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. Face Value. For this reason it is also known as the 1944 Lincoln penny. You . Unless the origin of the stamp can be traced, such altered 1944 Lincoln cents are generally worth only 2 to 3 cents. However, some of the new copper was mixed in with steel blanks that were left over from production during the war. Josh @ CoinValues. 1944 wheat penny But it sounds like you have an altered, counterstamped 1944 Lincoln cent. The grading scale only goes up to 70, meaning a 66 is very high. With even a worn example fetching over $100, its well worth your time to check any 1944-D cents using a magnifying glass. 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. Many of them never went on the market and remain uncirculated. While it will probably always remain unknown precisely what caused the 1944 silverpenny, as some call it,what we do know is this the 1944 steel penny has just about as much interest swirling around it as does the 1943 copper cent, an error coin of the opposite kind. both stick to magnetic, trying to see if they are worth anything. Hello 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. In 2018, bidders were ready to part with up to $24,000 for a rare 1944-D/S Lincoln cent. The reason it is so valuable is because in 1944, the U. S. Mint ran out of copper and was forced to switch to an alternative metal composition consisting of steel and a very small amount of zinc. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. Here is our pennies worth money list based on recent auction records. There are a few key features to look out for to ascertain whether a 1944 wheat penny is genuine or not. Composition: 95% copper, 5% zinc. Face Value: $0.01. Beware of zinc-coated copper penny fakes! Hi. A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. However, the value of a 1944 penny made with a copper and zinc mixture can range from 3 cents to up to $20 USD, depending on the condition of the penny. It shows that all 1944 wheat pennies had the highest mintage in US coinage history. Examples of rare 1944 pennies include the 1944-S and 1944-D, which were produced at the San Francisco and Denver mints, respectively. The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! These include Sothebys, Stacks Bowers, and Teletrade. Are you concerned the precious metals train has left the station without you. The average value of the 1944 steel wheat penny is between 10 and 20 cents, depending on the condition of the coin. 15 Most Valuable Pennies Still in Circulation | Work + Money Year: 1944. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? But make sure you research the coin first and know what its worth before buying. The composition of 1944 pennies (or Lincoln Wheat penny coins) is 95% copper, 5% zinc. 2-1946 D Wheat pennies 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. Close-up of the overpunched mint mark on a 1944-D/S RD (PCGS Coinfacts). How is the value of a US 1944 penny determined? - Quora The other one is the1943 Lincoln steel penny which is much more common. Michael, as Josh pointed out in the community, "The rare 1944 steel cent sticks to a magnet and looks silver in color. Whats the Most Expensive Coin Ever Sold? 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. If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. Imaged by Heritage Auctions, HA.com. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). Hello, Silvia -- Others can show streaks of color where minute traces of gunpowder primer made it through the cleaning process and into the alloy of a coin blank. 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. In general, wheat pennies minted before 1959 can be worth anywhere from a few cents to several hundred dollars depending on condition, rarity and overall desirability. The 1944 wheat penny diameter is 19 millimeters across. Auction Record Value. You can use the upload button below the text form, but it's better to post in our forum: https://coinvalues.com/forum, I have a 1920 1922 1942 1944 1946 1958 wheat pennies can you please tell me they're worth. The iconic portrait of Abraham Lincoln and the intriguing production story of this penny makes it one of the most famous pennies that every coin collection should hold. Look for any errors or discrepancies in the characteristics of the penny. 1944 d wheat penny There are other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. It should weigh 3.1 grams. 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. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells. The price of your 1944 penny will increase if it is a rare variety. 1944 Steel Lincoln Cent. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. 1909-S "VDB" Lincoln Wheat cent. However, getting a 1944 steel cent authenticated requires several layers of diagnostic testing an is best done by a third-party coin grading company. What Are the Different Penny Errors and What Are They Worth? Required fields are marked *. Why does 1944 wheat penny not have an s ,d, or p under year. Your email address will not be published. Yes, as listed above, circulated 1944 Lincoln wheat cents (including those like yours, which have a "D" mintmark indicating its origin at the Denver Mint) are worth 10 to 20 cents. Abraham Lincolns portrait on the head side of the penny mean that pennies in this series are also called Lincoln pennies. Therefore, any wheat penny from these years and these two mint marks in MS63 or higher condition is highly desirable. 1944 Lincoln Wheat Pennies Values and Prices - CoinValues.com Additionally, the high demand for these coins due to their rarity has caused their value to increase substantially over the years. In AU graduations the price range is between $5,875 and $34,500. The actual wheat stalks are positioned to the right and left sides edges of the coin. What's The 1944 Penny Value? If You've Got A 1944 Wheat Penny, 1944 How much damage has the coin sustained over years of use? Good luck! This makes it one of the most heavily traded coins among collectors and those looking to invest in rare coins. Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. Approximately 30 or so 1944 steel cents are thought to exist, with each sporting a price tag ranging from $75,000 to more than $375,000, based on grade. Because the 1944 Lincoln penny is so old, collectors only desire to have pieces that have been graded. Save my name, email, and website in this browser for the next time I comment. Manage Settings Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. Values, images, and specifications for 1944 penny coins from Australia. It's likely to have a value of ten or twenty cents if in circulated condition. These in particular are noted for their increased eye appeal. One rare 1944 Wheat cent to watch out for is the 1944-D/S. Buying rare and valuable pennies online is relatively easy if you know what you are looking for. The 1944 Wheat penny is a copper coin with no silver or tin content. The Top 16 Most Valuable Pennies - The Spruce Crafts The value of these coins range from several dollars to $1,700 or more, depending on the condition and grade of the coin. While the U.S. Mint struck more than a billion steel pennies in 1943, about 35 examples of the zinc-coated steel cent are known to have been inadvertently struck bearing the date 1944 making it one of the rarest Lincoln pennies ever made! Most coin dealers will only pay a few dollars for them. 1-1945 D Wheat penny In 1944, only 7 steel pennies are known to exist with the D mint mark. Coin Slabbing Services, This comment was minimized by the moderator on the site, https://coinvalues.com/wheat-pennies/1943, https://coinvalues.com/wheat-pennies/1935, https://coinvalues.com/wheat-pennies/1958, https://coinvalues.com/library/coin-slabbing-services, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66273164_2432053220357404_6694322626694742016_n.jpg?_nc_cat=108&, To My Young Brothers & Sisters at Reddit & Elsewhere. If you are still unsure, you can try posting images of your coin on forums such as Coin Community. This post may contain affiliate links. An example of data being processed may be a unique identifier stored in a cookie. A badly damaged and worn coin is lower quality and will lower the value. 1-1955 D Wheat penny 'ONE' and 'PENNY' are in the fields, a. lighthouse is in the background to the left, and the date is in the exergue below. At a pawn shop, collectors can pay premium values for high-grade 1942 pennies. Check Your Change! These Valuable Pennies Are Worth Thousands Otherwise you can get your coin authenticated by a Third Party Grader such as the PCGS (Professional Coin Grading Service). To make a long story short, grading is nothing more than having the coin's condition professionally assessed. In other news for the 1944 Lincoln Penny, production figures were extraordinarily high, with about two billion one-cent coins made across all three mints operating in 1944; approximately 1,435,000,000 at the Philadelphia Mint; 430,578,000 at the Denver Mint (D); and 282,760,000 at the San Francisco Mint (S). . The Lincoln penny is one of the only two dates that feature zinc-coated steel. 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. 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. Well help you to positively identify a 1944 steel wheat penny, provide a valuation guide and a buying guide. Thankfully, theres a very easy way to tell genuine 1943 copper pennies apart from those that were former 1948 pennies. There are some very rare ones which were combined with steel. These sources describe railroad hopper cars full of shell casings arriving at the Philadelphia Mint. 50 depending on its condition. 5. I have a 1944 penny with the A semi missing. 1-1946 Wheat penny The 1944 wheat penny would be incredibly rare and valuable with this mint mark and can be worth hundreds . Find out more here. and new product arrivals. 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. The 1943 copper cent with approximately 20 to 40 made and some 12 known to exist today, this coin can command a price of around $150,000 to $200,000. Thank you so much, In fact, theres about a half-gram difference, which is easily measurable on a coin scale. Copper was in short supply because it was needed for ammunitions purposes during the war. $0.89 - $2.31: 1944 D wheat penny: Good. 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.
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