1944 Lincoln (Wheat) Penny Value | JM Bullion 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). Top 10 Rare Canadian Pennies - My Road to Wealth and Freedom On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One Cent.. It is one of the famous Lincoln coins, and can fetch a high price at auction depending on. 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. If you find a D beneath 1944 this is the mintmark of the Denver mint. 2-1935 Wheat pennies 1-1945 D Wheat penny Required fields are marked *. Copper was in short supply because it was needed for ammunitions purposes during the war. 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'remodelormove_com-leader-4','ezslot_23',166,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-leader-4-0');The wheat pennies that are the rarest are the 1909-S VDB, 1914-D, 1922 (no D), 1924-D, 1931-S, and 1943-S. )Continue, If you have a 1982 coin, you probably want to know its value. Therefore, any wheat penny from these years and these two mint marks in MS63 or higher condition is highly desirable. Separately, I uncovered Congressional testimony to the same effect. Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. 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. The 1909-S VDB is particularly rare, as it was the first wheat penny issued and had a limited mintage. For instance, a 1944 wheat penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. What do I do next . The Philadelphia 1944 wheat penny accounts for over half of the record-breaking number of cents produced that year. Prices Calculator only figures the copper melt value of Pre-1982 U.S. Lincoln 95% Copper Pennies. If the penny is moved by a magnet, it has steel content, if not it is copper. Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. Famously, this coin was manufactured using ammunition shells from World War II, although this is disputed by some. 1,435,400,000 wheat pennies struck at the Philadelphia mint. 1944. 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. One 1944 steel cent graded in MS64 without a marksoldfor $180,000 in an auction in June 2021. Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because theyre so rare. These were pennies that were minted at the Denver Mint, but mistakenly stamped originally with an S mint mark for San Francisco. A number of 1944 Wheat cents were struck on dime blanks! Meanwhile, many coin experts believe there are a few that have yet to be discovered. The Lincoln penny is one of the only two dates that feature zinc-coated steel. 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. 1-1954 Wheat penny Thankfully, theres a very easy way to tell genuine 1943 copper pennies apart from those that were former 1948 pennies. $0.01 USD. 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! It's likely to have a value of ten or twenty cents if in circulated condition. The consent submitted will only be used for data processing originating from this website. If the penny does not have a mintmark then it was minted in Philly. Hence, when searching for this edition you may find it called the 1944 steel Lincoln penny instead. Ensure you thoroughly research the exact edition of the coin you would like. Here's how to tell 1944 Penny Facts. Pre-1955 wheat pennies minted in Denver and San Francisco are typically more difficult to come by in top condition due to the lower mintages of those issues. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). These include: When it comes to valuing the 1944 wheat penny the mint mark, condition and rarity are the most important factors which dictate the price. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. Is it worth anything? 1944-D Lincoln Penny (Zinc-coated steel) 1909-S VDB Lincoln Penny. $115,000! This makes the 1944 steel wheat penny incredibly rare and hence valuable. PCGS has many different coin apps . The grading scale only goes up to 70, meaning a 66 is very high. And how the hell do I post a pic? Of all the cents currently in circulation these pennies are worth the most money. The most expensive copy of this type of coin that has been sold was in 2006 for $14,950. A penny that appears as though it was recently minted will be more valuable than a penny that is severely worn. 1944 D Steel Penny Value. In AU graduations the price range is between $5,875 and $34,500. Technically, these coins were errors, produced mistakenly with a combination of leftover steel blanks and repurposed copper ammunition cases. The most valuable 1944 penny is a 1944 Steel 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. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. Signs of a rare 1944 Wheat Penny include the year minted being strongly dual, an upright W in wheat stalks, full separation without malforming between wheat stalks, an S mintmark, and crisp, clear strikes with no weakness. A genuine 1944 wheat penny will bear the portrait of Abraham Lincoln on the head (obverse) side of the coin. For a 1943 copper penny that is in average condition, the value is around $60,000 $85,000. With these resources, you can make an informed decision as to the approximate value of your 1944 wheat penny. Stay up to date with everything about U.S Coins, We dont spam! While some believe all coins of this type are worth substantial sums of money because they are so rare, it is essential to remember that not all examples are equal - some are worth much more than others . Find out more here. As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. The accidental S marks were buffed over and replaced with a D, but the traces of the top of the S can still be seen if you look closely. Hi, Elizabeth -- Hi Tommy. Are there signs of wearing where the words and images have been rubbed away? Are you concerned the precious metals train has left the station without you. Josh @ CoinValues, Nicole, 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. Pennies Worth Money | 100 Most Valuable Pennies In Circulation Here's a list of the top 10 most valuable pennies for 2023: 1) 1944 Steel Wheat Penny - $408,000. Josh. What penny coins are worth money? But these coins are much more common as bronze was being reserved for the war and hence no pennies were manufactured using copper during this time. 1-1946 Wheat penny 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. So, expect them to have a low market value. Experts estimate that possibly tens of thousands of these D/S error coins are in existence. 2-1950 D Wheat pennies I have a 1944 penny with a number 8 underneath it. How can I get ten 1944 Steel pennies authenticated for insurance? Prices range from around 20 cents in circulated condition, to 35 cents in uncirculated. THE TOP 5 MOST VALUABLE PENNIES | king5.com The Lincoln cent, however, wouldn't undergo a temporary, war-related metal composition change until the following year. 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. You can tell whether you penny is made from copper or steel by holding a magnet to it. 1958 Lincoln wheat pennies: https://coinvalues.com/wheat-pennies/1958 There are 2 variation of the 1944 penny, one made with a metal mixture of both copper and zinc, and the other all copper. In that respect, production of 1942 Lincoln Wheat Penny . 1944 UK penny value, George VI - All Coin Values HOW DO I LOAD PIC ON THIS SITE ?!?!?!? document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Your email address will not be published. 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. Additionally, a 1944-S Lincoln wheat penny graded MS67BN, sold for $50.00 in 2018. An impressively high number of wheat cents were made in 1944 across Philadelphia, Denver, and San Francisco mints: over 2.1 billion coins! 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. Here, well list the average prices the 1944 steel wheat penny currently fetches from cheapest to most expensive. In fact, the very valuable "twin" to the rare 1943 copper cent was born in 1944. In circulated condition, it is generally worth around 10 to 15 cents. The other one is the1943 Lincoln steel penny which is much more common. Face Value. You have come to the right place! Much like the famous 1943 copper Wheat cents that were made when leftover copper blanks were accidentally run through the coin presses during the production of steel pennies, the 1944 steel Wheat cents were made when leftover steel blanks got mixed in with the brass shell casing blanks. How much damage has the coin sustained over years of use? According to the American Financial Services Association, the 1944 steel wheat penny is the most common version of the steel wheat penny. This will raise the price. Thank you. Whether you want to sell it, buy it, or simply find out more you need to be able to tell if its the real deal or not. The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. This allowed for many more chances for a steel blank to find its way into the Wheat cent production line. Real People.