The most valuable wheat pennies are usually those that are in pristine condition and possess a rare date and mint mark combination. 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. 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. This was still far better than the previous year, when the War Production Board refused to let the US Mint have any copper at all, forcing them to make Lincoln cents out of zinc-coated steel. 1944 Lincoln cents are generally, even so, widely available, and can be purchased for between 10 and 20 cents in the most common class. Here is our pennies worth money list based on recent auction records. The Lincoln cent, however, wouldn't undergo a temporary, war-related metal composition change until the following year. A list of pennies in the current pool of circulating United States currency. In the case of the 1943 copper cent, often bona fide 1948 cents are manipulated. Hi, Elizabeth -- Collector quality coins from these mints and years are highly sought after, particularly in the higher grades. Average value: 1944 wheat penny no mint mark: Good. Which 1944 s penny is worth a lot of money? R they worth anything, Hi how are you. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). Don't be the last to know about the latest deals
Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. The penny was originally minted in silver, but from the late 18th century it was minted in . One of the rarer 1944 wheat pennies that can be found is the D/S wheat penny. Mint Mark Your 1944 wheat penny may also contain a mint mark, which will vary depending on the mint it was created at. 2-1950 D Wheat pennies I have found the 1944 s wheat coin. If your 1944 does NOT stick to a magnet and looks like a regular cent then your piece is relatively common and worth 5 to 10 cents." Its value ranges from 20 cents to 50 cents, but it could be worth way more than that, depending on its qualities. Dont be afraid to ask questions to find out more about the coin most coin enthusiasts are happy to share information and spread their knowledge. Good luck! Condition The condition of your 1944 penny is a major factor in determining its value. Die cracks can cause parts of the design, lettering, and date to be missing on the surface of the coin. Would you please try again, using a jpeg photo file under 2 MB? I have a 1944 penny with the A semi missing. So, expect them to have a low market value. (1896 $5 Silver Certificate Costs Between $10,000 and $12,000. These can make megabucks, fetching over $1.11 million when in top condition! The 1909-S VDB is particularly rare, as it was the first wheat penny issued and had a limited mintage. While it's not an easy task by any means, there are multiple ways to go aboutfinding rare coins. How and where do I upload images? Required fields are marked *. 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. Wheat pennies from the mid-1940s differ from most other wheat cents. Additionally, a 1944-S Lincoln wheat penny graded MS67BN, sold for $50.00 in 2018. When it comes to evaluating 1943 Lincoln cents, the . One of the most valuable pennies ever minted was the rare 1944 S Steel Wheat and they have sold for over 100,000 in the past. But unlike the 1943 date, there is a scarce amount of 1944 steel pennies. 1931-S Lincoln Cent. . 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Most Expensive Catalytic Converters (Rare One Sold for $12,211.89). As mentioned in the article above, an average circulated 1944 Lincoln wheat cent is generally worth 10 to 20 cents. See our sister article 1944 Steel Wheat Penny for more details! 1944 Lincoln Wheat Penny Value Guide. Always make sure you are buying pennies from a reputable seller. 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. Required fields are marked *. Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. )Continue, Coin collectors have noticed the seemingly high value of the 2020 bat quarter. In this mint, 991,655,000 coins were minted. Has any one seen a 1955 penny with 55 over 55 and has crack runs through the 55 and missing the word trust. Next, you can evaluate the level of preservation. These pennies were made at the Denver Mint from a die that accidentally had an S mintmark (for San Francisco) punched into them. My love for coins began when I was 11 years old. Are there any scratches or nicks present on the surface of the coin? But it sounds like you have an altered, counterstamped 1944 Lincoln cent. With even a worn example fetching over $100, its well worth your time to check any 1944-D cents using a magnifying glass. What Are the Different Penny Errors and What Are They Worth? 1-1955 D Wheat penny 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. It is one of the famous Lincoln coins, and can fetch a high price at auction depending on. 590-591 Problems and Costs of Coining One-Cent Pieces December 8, 1943. The 1924-D and 1931-S were both issued in limited mintage, making them rarer than other minted pennies. The 1944 Wheat penny is a copper coin with no silver or tin content. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. For instance, Denver only minted seven of the 1944 steel pennies, making it the second rarest mint mark out of all three mints. 5% zinc and/or tin value and weight not included. 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. Fingers crossed! 1872 Indian Head Penny. 2) 1943 Copper Wheat Penny - $250,000. In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. I have inherited a massive coin collection. No, a 1943 copper penny is not worth $1000000. Many of them never went on the market and remain uncirculated. Find out more here. It's likely to have a value of ten or twenty cents if in circulated condition. Buying rare and unusual pennies online is pretty easy as long as you know exactly what you are looking for. https://coinvalues.com/community/stream/item/5616. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. Im fairly new to coin collecting and found this metal detecting but un aware if this is error coin or just another wheat. Lincoln Wheat and Indian Penny values chart 2023. By: Author Olin Wade (Remodel or Move Stuff). It is the first time any coin topped the 1 Billion mark. Roger W. Burdette was perhaps the foremost numismatic historian of our era. 1909-S "VDB" Lincoln Wheat cent. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. Undistributed copies can be purchased for approximately $5 each. It wouldnt be relatively difficult to remove the left side of the 8 on the 1948 Lincoln cent, which is why many counterfeit 1943 copper pennies are actually 1948 one-cent coins. At a pawn shop, collectors can pay premium values for high-grade 1942 pennies. Read more expert analysis of Lincoln cent prices and penny collecting from the authors at Gainesville Coins: Lincoln Wheat Penny (19091958): Values & Key Dates, 1943 Steel Penny Value: How Much They Are Worth Now. Uncirculated specimens could be worth a few dollars. It is believed that only 30 of these 1944 steel pennies are in existence. 5 Important Things I Learned About Buying Rare Coins. One of their most popular is " CoinFacts .". Last Updated 7th January 2023. Phil, it would be helpful if you uploaded an image(s) of the penny. We would need to please see a photo of this coin to verify, so please post a topic in the forum. 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. The hardest wheat pennies to find are generally ones that have been relatively well-preserved over the years. 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. Circulated 1944-S Lincoln Wheat Pennies are worth between ten and twenty cents, depending on the condition. All steel cents with the 1944 date have reported mintages of under 40. To make a long story short, grading is nothing more than having the coin's condition professionally assessed. Technically, these coins were errors, produced mistakenly with a combination of leftover steel blanks and repurposed copper ammunition cases. Unlike Lincoln cents made from 1909 to 1942, which are 95 percent copper and 5 percent tin and zinc, Lincoln cents from 1944, 1945, and 1946 were made with a composition of 95 percent copper and 5 percent zinc (no tin). Coin grading uses a 70 point scale, agreed upon and standardised by professional numismatists (coin experts). A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. 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. How much damage has the coin sustained over years of use? The official mintage for the 1922 small cent is 1,243,635 and they are tough to find. I have one as well, have you found any info on it? 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. In 2021, an MS64 graded coin (pictured left) sold for $180,000. 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. Read on to find out what makes these 16 coins the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. Are you concerned the precious metals train has left the station without you. TheLincoln pennyhas been around for more than a century with most coin collectors being familiar with its bronze features. Its value ranges from 15 cents to 35 cents, but it could be worth way more than that, depending on its qualities. If the penny is moved by a magnet, it has steel content, if not it is copper. I have a 1944 wheat penny no mint mark great condition what's it worth text me the value 2075507436, Hi I was wondering how much these 1944 wheat pennies will cost? 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. Source: USA CoinBook. While 1943 copper cents weigh about 3.11 grams and don't stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. 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. 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. An example of data being processed may be a unique identifier stored in a cookie. 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. 4) 1873 Indian Head . There are also countless 1944 copper pennies that have been covered in zinc plating but, as you might have guessed, there would be a great weight discrepancy between a steel cent and its heavier sibling, the copper cent. For this reason it is also known as the 1944 Lincoln penny. Whats the Most Expensive Coin Ever Sold? Values, images, and specifications for 1944 penny coins from Australia. Our equipment will not work shell casings as they are. Dont be afraid to ask questions to find out more most coin enthusiasts are happy to share information and spread their knowledge. Additionally, wheat pennies can have a variety of mint marks, meaning where it was made, located on the reverse side of the coin. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). In 2021, one in an MS66 grade sold for a record $408,000 at a Heritage Auction. 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 coin was minted for less than a year and was produced at the Philadelphia Mint. Hello Steel Wheat. https://imgur.com/N7jYHNP, 1944 s wheat penny 1943 Steel Penny Value (Worth A Million Dollars?). The D and S marks are the ones that are most valuable, with coins from the Denver and San Francisco Mints respectively. Here, you can look for how well defined the inscriptions and images are. That will get you the highest price. 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.