Mintage. The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. Rare Pennies. I have a 1944 copper wheat penny thats overstruck on the back,is it worth anything? Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. How much is a penny from 1944 worth today? - Sage-Answer 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. Most coin dealers will only pay a few dollars for them. The most valuable of the wheat pennies is the 1944-S Wheat Penny, which was minted at the San Francisco mint. STEEL cents can be extremely rare and potentially worth in the millions if it features a 1944 date. How can I tell if it is worth any money. Why is 1944 wheat penny rare? - coalitionbrewing.com So, your 1944 steel cent weighs around 2.7 grams or your 1943 copper penny seems to check out? Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. 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. 1944 Steel Penny Value: Why Is A 1944 Steel Penny Worth So Much (Over $1.11 Million)? A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. Regardless, one thing is, Read More The 1982 Penny Value Chart (Most Valuable Penny Sold for $18,800)Continue, With coin collectingas with all types of collectingolder is always better. are these worth anything? both stick to magnetic, trying to see if they are worth anything. Ive 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! 1944 Pennies Worth Money - How Much Is It Worth and Why, Errors With 1944 steel cents, its easy for an unscrupulous person to simply tinker with the last digit of the date on a typical 1943 steel cent, even scraping away the 3 and implanting a zinc-coated 4 removed from a 1944 copper cent. 1-1930 Wheat penny 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). It is the first time any coin topped the 1 Billion mark. Dont be afraid to ask questions to find out more most coin enthusiasts are happy to share information and spread their knowledge. Your unique pennies arent the only thing that might hold value, asnickels,dimes,half dollars,quartersothers could be worth a serious mint. Join us today for FREE! Year: 1944. The average auction prices in MS conservation are between $30,550 and $158,625 of the already mentioned specimen. What 1944 penny is worth the most? - Vanessa Benedict 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. During World War II, pennies were produced using steel with a zinc coating. The British pre-decimal penny was a denomination of sterling coinage worth 1 240 of one pound or 1 12 of one shilling.Its symbol was d, from the Roman denarius.It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 1.1944 Steel Wheat Penny. Today we are going to be learning the ins and outs of this coin, including its history and the context in which the c. The rarity of these pennies in good condition is partially due to their quick deterioration compared to pure copper coins. Whereas 1944 steel pennies, and those with fascinating errors are rare and elusive! In a recent auction, a 1944 Penny Sold for $373,000. 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. What if anything are they worth. Continue with Recommended Cookies. The 1944 Wheat penny without a mint mark is worth about 15 cents. The absolute top price one of these pennies has fetched at an auction was $115,000! 1914-D Lincoln Cent. For a common, circulated 1944 copper wheat penny you probably couldn't get much more than 10. Value: $59,073. Why is it famous? 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. For this reason it is also known as the 1944 Lincoln penny. Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. 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. Different varieties of the 1944 penny were produced at different mints, and some were made in lower quantities than others. 2-1958 D Wheat penny 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. In fact, theres about a half-gram difference, which is easily measurable on a coin scale. To the right of Lincoln the year will be engraved, and to the left the word liberty will be engraved. . i have a one cent abrahan lincon 1944s copper is there a value for it? Technically, the lack of tin meant that these coins were made of brass, not bronze. There are some very rare ones which were combined with steel. 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. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. ), 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. Buying rare and valuable pennies online is relatively easy if you know what you are looking for. In case you havent noticed, the font styling of real 1943 pennies created an elongated tail at the bottom part of the 3 in the date; in fact, the 3 extends well below the bottom of the other numerals in the date. The Denver mint struck 430,578,000 coins with the "D" mint mark. The grading scale only goes up to 70, meaning a 66 is very high. The 1944 United Kingdom penny reverse. If its a normal 1944, 1944-D, or 1944-S cent, it isnt worth much. Like it wasnt stamped properly. I have found the 1944 s wheat coin. Experts estimate that possibly tens of thousands of these D/S error coins are in existence. These rare coins can fetch an incredibly high price at auction. I've never seen anything like this. In circulated condition, it is generally worth around 10 to 15 cents. 50 to $7. The 1944 version of the Wheat Penny is worth on average $45.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.10 . Hello, I have 1944 wheat penny that has an error at the back, missing letter ME for AMERICA, is this penny worth something? These can make megabucks, fetching over $1.11 million when in top condition! Extremely fine close to perfect! These coins of course retain a silvery color. Thank you for your question, Hi, George -- It shows that all 1944 wheat pennies had the highest mintage in US coinage history. Copper 1944 wheat pennies with no mint marks, D mint marks, and S mint marks are found all over the place. Using a sensitive mini scale is useful for accurate weighing. On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One Cent.. Where can upload the pictures? 1909-S VDB Lincoln Cent. 1942 Lincoln Wheat Pennies - Coin Values Face Value: $0.01. Its value ranges from 20 cents to 50 cents, but it could be worth way more than that, depending on its qualities. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Other than the D/S wheat pennies, and the steel wheat pennies detailed above, there are a few other error pennies to look out for. Average value: 1944 wheat penny no mint mark: Good. Again, some counterstamped coins are actually worth more because they are collectible as what some might call "exonumia" coins (altered, coin or coin-like items), but generally only if we can determine the origin of the stamp, which came from a private individual or company outside of the Mint. Uncirculated specimens can be bought for around $5 each. Depending on the design, some 1944 pennies can be more valuable than others. This coin is notable for its copper and zinc combination the wheat pennies which came before were crafted from copper zinc and tin. We and our partners use cookies to Store and/or access information on a device. plz answer back as soon as possible. The 1944 D steel cent is worth nearly $34,000 in average condition. First of all, any kind of misalignment in the numbers and letters is a giveaway sign of a fake, so make sure you compare your coin to images of certified 1944 steel wheat pennies to check its authenticity. Im the Coin Editor here at TheFunTimesGuide. From the San Francisco mint, they struck 282,760,000 1944 wheat pennies. As of 2020, a 1944 steel penny can sell for upwards of $75,000 depending on its condition. Basically in mint condition with only perhaps some natural discoloration, highest market value. How much damage has the coin sustained over years of use? If it's Uncirculated, expect it to be priced at around 35 cents. 1944 Wheat Penny | Learn the Value of This Coin No, not all 1944 pennies are valuable. The steel cent was made in an effort to conserve bronze for World War II. Always make sure you are buying pennies from a reputable seller. There are other, very rare, silvery wrong-planchet 1944 Lincoln cents out there that you might stumble upon, if youre lucky. Generally, 1944 Wheat Pennies in "Good" condition are worth between 15 to 20 cents each while those in "Very Good" condition have a value which ranges between 20 to 35 cents each. See our sister article 1944 Steel Wheat Penny for more details! Also look out for valid certification in the listing from Third Party Graders like the PGCS. The value of these coins range from several dollars to $1,700 or more, depending on the condition and grade of the coin. Save my name, email, and website in this browser for the next time I comment. If you buy thru these links, we may earn a commission at no additional cost to you. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. Check your inbox or spam folder to confirm your subscription. 1944 Lincoln (Wheat) Penny Value | JM Bullion 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. Genuine 1944 pennies without any mint mark were minted in the Philadelphia mint. They feature a steel core, with a zinc-coated steel composition and a wheat reverse, as opposed to the Lincoln reverse used in other pennies from this time. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). 1944 Lincoln Wheat Pennies Values and Prices - CoinValues.com The coin was minted for less than a year and was produced at the Philadelphia Mint. Look out for any kind of suspicious texture such as a bubbly look, or letters and numbers which looks slightly too rounded compared to an authentic coin. By: Author Olin Wade (Remodel or Move Stuff). Josh. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. Here's what's so special about the 1944 steel cent. In 1944, copper became more readily available again, so the mints began produce copper wheat pennies. The Most Valuable Painting in the World (How Much Is The Mona Lisa Worth In 2023? Unless the origin of the stamp can be traced, such altered 1944 Lincoln cents are generally worth only 2 to 3 cents. For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Additionally, a 1944-S Lincoln wheat penny graded MS67BN, sold for $50.00 in 2018. 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. The actual wheat stalks are positioned to the right and left sides edges of the coin. That will get you the highest price. Join us today for FREE! I have a 1944 penny and would like to know how much it's worth !!! In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. Thank you so much, If everything can be seen clearly, and all marks including the mint mark are crisp, it means the coin is high quality. $0.89 - $2.31: 1944 D wheat penny: Good. The market value of rare and collectible pennies fluctuates with changing interests and new entries to the market. 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. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. Otherwise this may require a coin experts eye for positive identification! Additionally, wheat pennies can have a variety of mint marks, meaning where it was made, located on the reverse side of the coin. 1944 LIBERTY WHEAT PENNIES 1944 steel wheat pennies are the rarest kind of 1944 wheat penny, and can fetch an incredibly high price at auction. The official mintage for the 1922 small cent is 1,243,635 and they are tough to find. The S was buffed out and replaced with a D mint mark for Denver. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. A badly damaged and worn coin is lower quality and will lower the value. 4) 1873 Indian Head . It would be helpful if you would please upload a photo of your 1944 Lincoln cent with missing ME so I can better assist you. The first thing youll want to do is check places in your home or any places you may store change. Copper was in short supply because it was needed for ammunitions purposes during the war. More than 2 billion wheat pennies were made in 1944, but that doesnt mean that there arent important 1944 Lincoln cents that are worth a lot of money. Keep in mind that many 1944 copper cents are still circulating and can be had at face value if luck strikes searching rolls may improve your odds of finding 1944 Lincoln Wheat Penny coins without having to utilize the services of a coin dealer. 1-1942 Wheat penny Likewise, if you find an S beneath 1944, the penny was minted at the San Francisco mint. When it comes to evaluating 1943 Lincoln cents, the . This change in composition created a unique looking coin that has since become very popular with collectors. I got three penny's that date 1935,1944 with a D under the year and a 1958 with a D under it also jus wondering if there were any value to them? There are a few key features to look out for to ascertain whether a 1944 wheat penny is genuine or not. Source: USA CoinBook. Series. hi i have a penny that say 1944 and im wondering how much its worth i saw on the site that only 30 exist and is worth 75000 to 375000 so i would like to know how much its worth? 10. There are auction companies throughout the United States that would love to put a coin like yours on the block. Please try adding pics using the "Attach file" button. Any 1944 Wheat Penny that is deemed to be in "Fine" condition can . I have an unusual 1994-D what penny with what appears to have the edges and some letters missing. 5 Important Things I Learned About Buying Rare Coins. 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. Real Helpful. 1944 wheat pennies have become a favorite of collectors, and its not uncommon for years to pass between when the same coin is made available for purchase. These sources describe railroad hopper cars full of shell casings arriving at the Philadelphia Mint.