Yes I did the magnet. Most critical of all was gasoline. This video will show you how to check for these rare coins! Hard to tell from uncropped photos, but looks plated to me. People love to collect coins, and they are always looking for a rare find, such as the 1944 steel wheat penny. Im in disbelief myself. 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. Learn more about your silver-colored1943 Steel Penny. The absolute top price one of these pennies has fetched at an auction was $115,000! In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. Web1944 D Steel Penny Value In 1944, only 7 steel pennies are known to exist with the D mint mark. So if you have a 1944 copper wheat penny is there any outrageous value? The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. 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. A teacher walks into the Classroom and says If only Yesterday was Tomorrow Today would have been a Saturday Which Day did the Teacher make this Statement? Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. 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). The mint mark is the wrong style and in wrong location. This coming is in very good shape and in my opinion is a MS 67-68. But This Might Be It . 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. $160,000 dollars. Getting the 1944 steel wheat pennies in todays market isnt easy. Its an even with the rest of the date. Another good way to check is search the web for pics of authentic examples in NGC or PCGS holders and compare the characteristics. It's easy! 2 1982 d small dates. 1959-D Lincoln Wheat Cent You can weigh the coin to determine how it compares to the 2.67 grams of a normal steel Welcome Guest! - YouTube 0:00 / 7:28 Searching Old Pennies - Found a Fake 1944 "Steel" Penny! If it does, your penny is worth about 15 cents as a novelty item. IM NOT BUYING THAT AT ALL ! 1944 Steel Penny How To Spot A Fake? With that level of wear, a real Zn-clad steel penny does not look like yours. To me, that is proof enough that they know its fake. As others have noted, neither four on your coin matches the style of the fours on a 1944. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. However, these pennies are zinc plated steel with a silver color, similar to the 1943 penny. Compared to the real deal (. PCGS The Standard for the Rare Coin Industry. 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. The copper version is worth around $100, so it does have some value. Very bad condition, magnet test ( pass ). There are a few very valuable error coins produced in 1943. 1943 Varies BRILLIANT UNCIRCULATED WW2 STEEL PENNY! Chinese counterfeiters are manufacturing some high-quality counterfeit coins to deceive coin collectors in the United States. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. In 1944 the mint switched back to using copper to produce the pennies. I JUST INHERITED A 1944 D STEEL PENNY IN VERY GOOD CONDITION IT WEIGHS 2.7 GRAMS AND STICKS TO A MAGNET. It doesn't look quite right to me, especially the date. The 1944 Steel Wheat Penny. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. The manufacturing process resulted in bare steel exposed on theedge of the coin. It is important to make sure that your scale is accurate, because the difference is just over 4/10 of a gram. I answered this in another question. While the pics have copy stamped on the coin to comply with US laws, the manufacturer in China may skip this step on production items. Some people got it confused with a dime that is almost the same size. Humane Society of Broward County Kicks Off VCA Walk for the Animals in Fort Lauderdale, BSO Searching forMissing 11-Year-Old Girl From Pompano Beach, From Haiti Through Liberty City to Top Federal Prosecutor in South Florida: the Unlikely Story of Markenzy Lapointe, Check Your Change! The 1943 steel cent is so common and low in value that no one Besides the tests you mentioned the only thing I can think of is sending it to be authenticated with a grading company like PCGS. Your email address will not be published. An MS64 auctioned at $108,000 on the same day. One specialist was able to trace only two examples in mint state." Some have asked about my images I use and I'm glad to say, you can now you can see the DVD in sections on youtube: 1. Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. These can make megabucks, fetching over $1.11 million when in top condition! Our coin forum is completely free! Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). 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. Register Now! 06-20-2021 Heritage Auctions. 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. This process is the easiest way to tell if your penny is solid copper or copperplated. Grade dictates how much each 1944 steel cent sells for, though minimum values range right around $30,000. WHOEVER IS INTERESTING I WILL SEND PICTURES OF ALL ANGLES EVEN A SHORT VIDEO SO YOU SEE HOW JUMPS TO THE MAGNETIC. USA Coin Book Estimated Value of 1944 Lincoln Wheat Penny (Steel Cent Variety) is Worth $28,893 in Average Condition and can be Worth $58,491 or more in Uncirculated (MS+) Mint Condition. Sign up for a new account in our community. The date, 1944, is to the right. When they took these coins to a coin dealer, the coin dealer would hold a magnet over the penny, and the steel underneath the copper plating would attract the penny to the magnet. 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 problem is that it resembled a dime, so officials changed it back to copper, but they made it using spent shell casings. Hi everyone. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. But not like a steel cent that jumps to a magnet. IMHO, counterfeit. $7.00 $ 7. 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. 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. Required fields are marked *. Any genuine 1943 copper pennies are extremely rare mint errors. A 1944 D Steel Penny in AU 53 sold for over $37,000. #penny #sixfigures #money #foryou Build a B*tch 80K timetotravel007 Timetotravel007 3.1Mviews 80K Likes, 441 Comments. The best way to separate the plated 1944 from steel cored cents is by weight. - Coin Community Forum This page may contain links that result in small commissions to keep this free site up and running. The 1943 steel cent is so common and low in value that no one bothers making fakes. $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. bothers making fakes. For Sale: 1800 B-13 BB-193 Draped Bust Dollar! Thus, the PCGS Population Report data for the 1944 Steel Cent is understated and should be ignored. Doubled dies 3. 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. WebAnswer: For a real one, probably low to mid five figures. She is a member of the American Numismatic Association (ANA) and holds several certifications. 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. This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. $16.95. I have ran into a 1944 steel penny about a few months and didnt realize what I had in my possession.So I gave it the magnet test.It stuck to my magnet and its weight is 2.7. The off-metal rarity is one of the few mint state examples of this error known to exist. The 1944 S steel penny, in average condition, can be worth around $400,000. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011. Provenance is also an important clue. If you recently purchased it on eBay/etsy/Craigslist, I wouldn't be too optimistic.. And its a little rusty. Every "4" is different on Lincoln cents from the 1940s, including both fours on a 1944. 1. Penny Uncirculated. Copyright 2023 NBCUniversal Media, LLC. | TheCoinShow | That better be a fake. The 19 and the 44 are inconsistent which concerns me as this coin is often counterfeit. However, if it weighs 2.7 grams, it is a steel penny. 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. They decided to use steel for the base metal and plate it with pure zinc. 00. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. The moisture caused the zinc coating to turn to an ugly blackish color. Basically, if your penny sticks to the magnet, it is a steel penny, and if it does not, it is copper. The blanking press punched coin blanks punched out of it. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. It took 0.33 seconds to rattle this change. Metal was not the only commodity that was critical to the war effort. Fortunately, Lincoln cent experts atthird-partygrading servicescan tell the difference by closely inspecting the coin under a stereo microscope. Failing that, might show it to a local dealer. These are approximateretail pricesand wholesale values. Need help? In 1944 the mint switched back to using copper to produce the pennies. 3,002 views Aug 5, 2016 16 Did This Get Punched Wrong? Where to seel, best bet would be through one of the large auction houses. And then if it is genuine, then you have a major rarity worth serious money. The D or S mintmark is found under the date on the coin. The manufacturing process for producing theplanchetswas also flawed. The phrase E Pluribus Unum is along the top of the back of the coin. 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. Face Impex is one of the Face group of companies that begin in 2006. Essential goods were rationed to American citizens using coupon books issued by the government. All rights reserved. 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. Similarly, any 1944 steel pennies would have been released by error into the coin supply. With that level of wear, a real Zn-clad steel penny does not look like yours. What Else Happened When Your 1944 Penny Was Made? PCGS CERTIFIED Here are some pictures. Die events, One of a kind errors 4. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. Sign up for NBC South Florida newsletters. THANKS. 1992 Close AM, Sovereign, 1913 Perth - Help Figure Grading. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Either way it would make sense to grade it andfind out! If the coin dealer determines that it is a fake, then you will want to seek a second opinion from another dealer. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); on How to Tell If a 1944 Wheat Penny Is Steel. Moisture came in contact with the coins as they circulated in commerce. 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..! Your email address will not be published. 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. The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. Click here to Learn How to use Coin Price Charts. Here is a real 1944 steel Cent: Richard S. Cooper. Lincoln cent as well. 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?? 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. This is a fairly reliable test, and if you find that you have the elusive 1944 steel wheat penny, you have something with significant value. The Steel cent of 1943 weighed 2.689 or 2.754 with tolerance overlapped, the 1944 Belgian 2 Fr. If they believe it is authentic, you can ask them to submit it to a third party grading service on your behalf. Their rarity is one reason theyre so expensive, but WebThe 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. 1974 D Extra Thickness In The Obverse Of The Coin. How much is it worth? When locked, you will be scrolled directly to this table for all coins.

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