Either way it would make sense to grade it andfind out! Mint workers first rolled a sheet of steel to the proper thickness. Now have you had the coin authenticated? As the zinc coating wore off the steel core, the exposed steel underneath began to rust. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. If your 1943 penny does stick to a magnet, it's really made from steel and is not rare. the internet's only how to tell if search engine, The Lincoln penny has been produced almost the same amount of time as the United States mint has existed. Routing number of commercial bank of Ethiopia? steel penny 1944 Only 14 left in stock - order soon. During World War II, the war effort required a lot of copper to make shell casings and munitions. Got a question? 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. Hello, I wish I could post video so to prove I actually have a 1944 2.7 steel wheat penny. The manufacturing process resulted in bare steel exposed on theedge of the coin. The absolute top price one of these pennies has fetched at an auction was $115,000! Grandpa passed away. 06-20-2021 Heritage Auctions. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. 00. This penny weighs 2.7 grams and is easily stuck to a magnet. Many people get excited when they see that they have a silver penny, but this could be steel or copper. See answer (1) Copy. WebThe first 1944 steel cent to be submitted to the Professional Coin Grading Service (PCGS) under its new Mint Error Program has been certified as authentic and graded MS60. ONLY YEAR IT WASN'T COPPER! Finally, you mentioned you lived in Dallas. Heritage Auctions is well known for numismatics and are in the Dallas metro area. 5.0 out of 5 stars 1. 1944 If your 1943 copper colored penny doesn't stick to a magnet, then use a magnifying glass to look at the date. Chinese counterfeiters are manufacturing some high-quality counterfeit coins to deceive coin collectors in the United States. These coins are made to resemble a genuine 1943 Lincoln cent, and theChinese counterfeitersuse copperblanks so they won't stick to a magnet. As others have noted, neither four on your coin matches the style of the fours on a 1944. Ive been doing a lot of research on this cuz elderly friend of mine asked me to look up a coin for her shes had it her purse for the last 30 years it is a 1944 Steel wheat back penny double stamped sticks to magnet wage right I havent found any other Steel Penny that is double stamped taking it to get a graded tomorrow this might just be the big next big Penny Everybodys Talkin about. Professional Coin Grading Service (PCGS) - www.pcgs.com. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. The coining press struck the copper planchets with the 1943 date. Could be plated. As the coin began to circulate, it would turn ugly black, and the edges would rust. Top two, andin my estimation, the top ONE. The site also warns that many 1943 copper pennies are fakes because a 1948 copper penny can be filed down on the left side of the 8, making it look like a 3 instead. Free shipping for many products! 1943 Varies BRILLIANT UNCIRCULATED WW2 STEEL PENNY! Theres also some sort of doubling or strike though. Both steel pennies from 1944 and copper cents from 1944 appear silver in color. Metal was not the only commodity that was critical to the war effort. 1. 1944 steel penny Provenance is also an important clue. If you recently purchased it on eBay/etsy/Craigslist, I wouldn't be too optimistic.. 1944 Steel Penny If they believe it is authentic, you can ask them to submit it to a third party grading service on your behalf. 2 1982 d small dates. Penny Uncirculated. Randy @ 4792875574,,God bless. Face Impex is one of the Face group of companies that begin in 2006. 1944 Steel Penny Errors $7.00 $ 7. This video will show you how to check for these rare coins! If you think you have a steel penny, you should go to a third-party coin authenticator to find out. 1959-D Lincoln Wheat Cent These are approximateretail pricesand wholesale values. Web1944 D Steel Penny Value In 1944, only 7 steel pennies are known to exist with the D mint mark. But a 44 Steel is like finding a 43 Copper . Steel But, although they are uncommon, they are hardly rare. Their rarity is one reason theyre so expensive, but Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. She is a member of the American Numismatic Association (ANA) and holds several certifications. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Just slightly so if plated with steel or nickel. 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. Inherit some coins? 1944 Steel Penny Not only is the coin a rarity in all grades with an estimated 75 pieces thought to exist, but most of the survivors are not certifiable due to extreme environmental damage. If the tail of the last digit in the date, the number 3, does not extend well below the bottom of the other numbers in the date, it is probably a cut-in-half 8 (see the photo above). I answered this in another question. You need to have the penny graded based on its condition if you plan to sell it to a dealer. SEND IT IN TO PCGS AND PAY TO HAVE IT GRADED. These prices make the I was offered $3500 dollars. If it is to good to be true it probably is., I agree. SOLD AT AUCTION. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. 1951-D 1 WRPM-078 Formerly Listed As WoMM-002? The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Similarly, any 1944 steel pennies would have been released by error into the coin supply. If the coin dealer determines that it is a fake, then you will want to seek a second opinion from another dealer. When locked, you will be scrolled directly to this table for all coins. Additionally, a professional numismatist may be able to tell the difference for you before you send it to a third-party grading service. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. You will want to keep this penny under lock and key because it is very valuable. If only you were on the website of one of the top three grading services in the country. $5.95 shipping. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Intro, older coins, toned coins 2. To help the war effort by eliminating copper from U.S. pennies, the United States Mint came up with a new metallic composition for the one-cent piece. Though the war was still on, the US collected the metals from their military training areas. 1943 Copper Penny Read on to learn how to tell if a 1944 wheat penny is steel. Its an even with the rest of the date. Were you guys able to find out if it was real? Gave to me before his death , bless his heart. 82722 Jun-2021 $180,000 MS64 While authentic steel pennies will stick to magnets, fakes that are copper and zinc-coated will not. With that level of wear, a real Zn-clad steel penny does not look like yours. Despite the policy's of eBay, Paypal, and the sellerthe money will likely be very hard to I am no expert that is for sure you may want to take it to someone local before sending it off. steel penny They decided to use steel for the base metal and plate it with pure zinc. It took 0.33 seconds to rattle this change. One specialist was able to trace only two examples in mint state." Is that common? Save my name, email, and website in this browser for the next time I comment. It doesn't look quite right to me, especially the date. An MS64 auctioned at $108,000 on the same day. Did This Get Punched Wrong? The 19 and the 44 are inconsistent which concerns me as this coin is often counterfeit. Also, the public rejected this new coin. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. SCHOCK YOUR FRIENDS! Die events, One of a kind errors 4. You need to be a member in order to leave a comment. Required fields are marked *. Email if interested. 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. Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing. $14 delivery Feb 28 - Mar 21 . Before you spend the money to gave it graded, it wont grade very high, please have a professional numismatist (coin dealer) check it out. Very bad condition, magnet test ( pass ). However, finding that you have a 1944 penny that is silver in color is not definitive proof. To me, that is proof enough that they know its fake. 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 These Valuable Pennies Are Worth Thousands, Miami-Dade Mayor, State Attorney Announce New Measures to Protect HOA Residents, Pregnant Inmate Speaks in Court After Appeals Court Denies Petition to Release Unborn Baby. - Coin Community Forum This page may contain links that result in small commissions to keep this free site up and running. Basically, if your penny sticks to the magnet, it is a steel penny, and if it does not, it is copper. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Here's a list of the top 10 most valuable pennies for 2023: The reason 1943 copper pennies are so rare is that all of them would have been released by error into the coin supply. Use the tests above to find out if you have one of these pennies, and have it authenticated as soon as possible. The liberty looks doubled but it looks good and weighs 2.7g offers accepted that fit into range. Started by Sign up for a new account in our community. 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. WebSearching Old Pennies - Found a Fake 1944 "Steel" Penny! Essential goods were rationed to American citizens using coupon books issued by the government. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. WebCopy 1944-P Lincoln Wheat Cent Penny(Errors Steel) Copy Coin for Copy Souvenir Novelty Coin Coin Gift. How Do I Tell If a Two Headed Coin Is Genuine? The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. MS64 1974 D Extra Thickness In The Obverse Of The Coin. The 1943 Penny Was Minted in Steel, Not Copper. 1943 Steel Penny Value Table under various Versions. In 1944 the mint switched back to using copper to produce the pennies. The bronze 1943 penny is one of the rarest coins in existence, and it sold for $204,000 in an auction in 2019. Make Offer: Lincoln Cent Doubled Dies And RPMS. 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). WebAnswer (1 of 10): Thanks for the A2A but I am quite sure you COULD google this answer for yourself, however you are probably getting Quora Pay for questions so here goes. 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. However, these pennies are zinc plated steel with a silver color, similar to the 1943 penny. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! If you ever thought to discard the loose pennies in your coin purse, hold off. WebThe 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. Pawn Stars The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. This caused problems with people's clothing leaving a rusting. It sticks to the magnet and it weights 2.6 grams, So it can be counterfeit but it sticks to the magnet and it weights 2.6 grams, Not many were known to be around it could be the real deal.It is hard to tell from the photo but the 4 on the end doesnot look like the other 4. In 1943 all pennies minted by the United States mint were made out of zinc plated steel because the United States needed copper for World War II supplies. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); on How to Tell If a 1944 Wheat Penny Is Steel. Check Your Change! These Valuable Pennies Are Worth