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Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. A single 1964 D penny can fetch more than $10,000 at auction. 1 Oz Pure Silver One dollar front of Lady.And $6.99. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! I just submitted to Great Collections a 1943 steel penny. The Jefferson Nickel has a weight of 5 g. CoinBin.com is a project started in 2013 and originally launched as a coin marketplace. Could someone tell me what I have? She believed the coin was real and was frustrated that she could not find anyone who would take her seriously. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. Coin errors can be spotted at the mint, at the bank, or by the public. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. The publics rejection of the 1943 Steel Lincoln Penny. It may also help to know where these 1944 steel cents came from. and new product arrivals. ", Assay Office. Based on various factors. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. A copy of the 1944 Lincoln Steel Penny MS64 was auctioned off in 2013 for a price of $158,625. I weighed it and it weighs 2.9 grams. Wartime Nickels mint mark is on the reverse top center, only wartime nickels have an actual P mark. However, finding a Lincoln Steel Penny 1943 in grade MS68 or higher is a more difficult task if it comes from Philadelphia rather than either of the other two mints, so its value is higher in high quality. And There are two main theories. DONALD TRUMP "45TH PRESIDENT" COLORIZED IKE EISENHOWER $1 COIN. 1944 bronze cents are common, but a few of the steel-coated zinc coins were minted that year by mistake. Without further ado, lets dissect the 1944 Steel Penny, including typical values, the history of the coin, and exactly why its worth so much in the first place. "text": "To know if your 1944 penny is steel please find a magnet and test to find out if it is the valuable steel penny or not as steel will stick to the magnet." Copyright 1995-2023 eBay Inc. All Rights Reserved. According to Park Avenue Numismatics online Encyclopedia of U.S. coins , this effort resulted in the use of low-carbon steel coated with zinc, which quickly corroded; cents of this stuff were coined in 1943, and in 1944 some more accidentally coined on leftover steel banks, even as some 1943 cents had been coined on leftover 1942 bronze blanks. 1978. , { They were minted in 1943 and 1944. One is a 1944 penny that in the yr the 9 is bigger then the other numbers. 1964-d Penny 2errors Known As Close Stamped L In Liberty Close To Coins Boarder. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. "@type": "Question", In the year 1944 something very similar happened but in reverse. In 1944, only 7 steel pennies are known to exist with the D mint mark. 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. Hello, I have "name": " How do I know if my 1944 penny is steel? 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. Keep a coin scale handy to conveniently distinguish those 1943 tin pennies from their 1944 steel cousins. Thanks for the great back story about the 1944-D Zinc. Jaime Hernandez: The 1964-D is common in circulated grades up to MS64. 1944 Steel Penny Values. . These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. This penny has visible doubling on the front of the coin. DOLLARS IT LOOK LIKE (CC) UNDER THE EAGLE TAIL. This metal composition was meant to continue until 1946. In 1943 U.S. Mint produced the penny out of zinc plated steel to save copper for the war effort, so most 1943 pennies are silver colored. Great! The maximum price achieved for a piece of this year and mint was $6,000, in August of this year 2020. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite valuable and sold for over $1.7M. With limited copies and the majority being worth tens of. "acceptedAnswer": { It is relatively easy to know if your coin has a high value. The 9 was bigger than the other numbers on that issue. These coins do have browning. Otherwise, non-error steel cents are not in themselves rare. There was a problem subscribing you to this newsletter. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel could be used instead of cash. + C $1.25 shipping. Their rarity is one reason theyre so expensive, but its also down to the coins composition. 4- 1893. } I found a 1944 d silver penny its in good condition try to see how much there worth. However, the government decided to drop steel cents by the end of 1943. "@type": "Answer", It does stick to a magnet. The "D" mint mark on the coin indicates that it was minted in Denver. The leftover steel planchets that were used to make a small number of 1944-D cents thus created one of the great rarities in modern U.S. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. Due to its high economic value, it is a type of variant that is very falsified either by the copper plating of a 1943 Lincoln Steel Penny or by modifying the dates of the 1945, 1948 and 1949 Lincoln Pennies for the rarer date of 1943.For the first counterfeit (copper coating) a simple magnet will be enough to detect it since the 1943 Lincoln Steel Penny will attract to the magnet. Im fairly confident that if anyone has a 1943 silver coloured wheat penny thats magnetic, itll be the most common found thus worth 4-20 cents. Not sure what they r worth. If so please share it with your friends and help us grow. They weigh 2.7g, and the most valuable one to date was a 1944 S Steel Wheat Penny. Theres only one mint type for the 1944 Steel Penny. It weighed 3.11g instead of the expected 2.7g. Its dimensions devices and edges are similar to its siblings from other years. In July an AU example garnered $23,000, and an AU-53 coin sold last January for $37,375. The 1943 copper penny is extremely rare and valuable. Important redesigns and alterations were affected by Lincolns birthdays as well. If you are lucky enough to find one, their value can range from $1,000 and up. Many years ago, a false rumor spread around the country that Henry Ford would trade a new car in exchange for the fabled 1943 copper!. Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. Numismatic collector with a passion for history, particularly Spanish history. And Tons of Silver and Gold Coins from all Over the World. 2015 Australia Hammer Head Shark Silver Round Perth Mint 1/2 OZ .999 Fine. C $1.89. Some 1943 coins were labeled as tin cents, but the 1944 coins were steel cents, minted from low-grade carbon steel coated with zinc. I do have a whole lot more wheat pennies dated back to 1918. When locked, you will be scrolled directly to this table for all coins. And even though it's the only 1964 Penny with a mint mark, its value isn't that high. First, there are great, rare coins that have yet to enter the market. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. They include 30 from Philadelphia (no mint mark), 7 from Denver (D Mint Mark), and 2 from San Francisco (S Mint Mark). Aproximadamente 15 centavos. PCGS has more than 48,000 copies registered in MS60 or higher grades and halves to 24,000 copies registered in MS65 or higher grades.However, most of those registered units of 1943 D-steel pennies are in MS65 to MS67 grades. $13.00. CoinTrackers.com has estimated the 1964 D Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $12. These steel versions are the $6k maximum value coins. Copper was traditionally used and was required for several military-related purposes as the U.S. battled Axis powers in multiple theatres. They made over a billion in total, and the priciest 1943 D Steel Penny sold for over $1.7M in 2010. Second, it is always highly advisable to seek the counsel of an experienced and knowledgeable dealer like Mr. Estes if one has a coin that could potentially be very rare and valuable. I also have 1943 steel penny with no mint. If you have insider information regarding the penny number count or would like to sell one, please email sales@coinvalueinvestor.com. The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. If you watch, you may find pennies worth big money after cherrypicking.This specific video is about 1964 pennies worth money - these 1964 double die error coins can be worth $100 or more in the right condition! GeeChocVarietyShop. In addition to the weight, another feature that differentiated the 1943 Lincoln Steel Penny from the previous Lincoln Penny was its reaction to a magnet, since it had a high percentage of steel that used to stick. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. What is the value? $12.95. Heritage has sold several such coins over the years. The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. Just keep reading! 123 sold. In MS67 it is one of the tougher dates from the 1960's especially from the Denver Mint. In 2014 an AU55 specimen was auctioned for $329,000. Not sure if its worth something. Value It was also susceptible to rust, which leads to issues with the overall condition in the present day. Lets look at these silver-colored coins and find out what theyre worth today. However, the valuable specimens in MS65 graduations or higher reach 20,000 specimens, a figure very similar to the 24,000 specimens of the 1943-D Lincoln Steel Penny registered in these same qualities.The maximum price for a 1943-S penny was $207,000 in 2010 for a VF35 graded copy. The rest were steel. 3.) Several shallow, almost parallel diagonal abrasions are visible only at certain angles to the light, while a narrow streak of gray paler than the rest of the coins medium-steel hue is visible on the photograph of the coin printed in the newspaper. 3 1943 S Steel Pennies from SHARK AUCTION. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. I have a 1943 steel penny .Is it rare to have the wheat & other marks on the back of coin upside down from the front? Sale Price 26,000 document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Wed stick to graded options with clear provenance and be wary, especially if a deal seems too good to be true. There are only 7 known 1944-D steel pennies in existence. 1943 P D S Wheat head Lincoln 3 Penny Set. The condition, patina, and grade of a coin make it a sought-after commodity by coin collectors. The valuable 1943 wheat pennies are: None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. My mother had recently passed away and she was a collector of wheat pennies, I have over 1000, I came across a 1944 penny that appears to be steel and copper mix, it does not look copper or steel it appears like both, not sure if anyone had heard of this? But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! 1964 lincoln Penny - D - Rare BobCollectionsGalore $125.00 FREE shipping 1964 d Lincoln rare L close to edge helpercoin $750.00 1964 Jefferson 90% Silver / error coin highvintagecoin $770.89 FREE shipping Vintage Collection - Canada Penny 1964 Coin & Money (Code #1) - Maple Leaf, Queen Elizabeth SewingMemere (354) $77.09 (10% off), Sale Price 14,000 Free shipping. Now is a superb opportunity to diversify your stock/ETF portfolio and aim for attractive returns with rare coins and precious metals. Visit eBays rare coins and search 1994 Steel Penny. About 10 examples of this coin are believed to exist. The mintage year appears above the mint mark. In 1943, at least one coin was 86.41% tin, 1.75% copper, 8.37% antimony, and 1.02% vanadium. "name": " Why is the 1944 steel penny so valuable? They range substantially in grade and have sold for sums that vary from $7700 for an AU coin in 1996 to $115,000 for the finest quality example, an MS63 that sold at auction in 2007. It was graded as an MS 66 by NGC (Numismatic Guaranty Corporation) and weighed 2.6g instead of the standard 2.7g. Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. Keep an eye out for fakes and forgeries, such as zinc-coated copper pennies, regularly mis-sold as the real deal. I have a 1943 s penny it has 2 mint marks both s cant find out anything about it help please, I have a couple 1943 steel that have the 1943 mercury dime front and back not full coin print but a lot.the marks there you can see. (30% off), Keep collections to yourself or inspire other shoppers! After all, low-grade coins with valid errors could score hundreds of dollars! The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. This includes the wheat sheaves on the Wheat Penny (1909 to 1958), the Lincoln Memorial on the Memorial Penny (1959 to 2008), the four designs on the bicentennial penny (2009), and the Union Shield Penny we still use today (2010 to date). 1964 Lincoln Copper Penny With L in Liberty On Edge Error No Mint Mark (Rare) $400.00 Free shipping 1964 D Lincoln memorial penny with error on L in Liberty. Here's How to Test Your Silver & Gold, Buffalo Nickel (19131938): Values & History, Mercury Dime (19161945): Values & History, Washington Quarters: Key Dates & Varieties. Required fields are marked *. I have a 1943 steel penny want to get it appraised. Theyre official coins made with permission from Congress and were all coined in 1943 and 1944. Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. Original Price 20,000 So the one that is worth so much, does it have to stick to be the real deal? Rare 1964 pennies worth money! Even though the United States Mint switched pennies from a steel composition to copper in 1944, some steel planchets were left behind in the presses, presumably by accident. Two of these materials were diverted, among other sectors, from monetary production to the manufacture of ammunition and artillery: copper and nickel.Therefore, in 1943, other materials had to be tested for the manufacture of coins other than the traditional copper and nickel ones. How much a steel penny is worth is very dependent on the condition of the coin. When you start looking at perfect mint state versions of this coin with all five steps on the reverse of the Monticello the price rises steeply. The coin is 19.05mm in diameter and 1.5mm thick. Its why some people speculate that those 30 to 40 planchets were accidentally forgotten in the machinery. PRO-TIP: The 100% best way to check the latest values of the 1944 Steel Penny is to visit the eBay Rare Coins page and search for recently sold 1944 Steel Pennies via the advanced search. These sales are of course few and far between, so a more reasonable expectation is somewhere around the $225 to $275 USD mark. There are instances of MS-65 Full 5 Step versions of the 1964 D Nickel selling for more than $500 at auction. In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. cpm9ball, Apr 30, 2021 But lets focus on steel pennies. Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. So the mint switched to steel coins for a year. Plus, people often mixed them up with dimes (10c). , { JBCOINSINC 200K views 3 years ago 5 modern Lincoln cents worth over $1,000 that can be found in pocket change! Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel was briefly used for coins. If it sticks, you could be in luck. Also standard to these coins, the 1964 penny has a diameter of 19mm and a mass of 3.11 grams. Penny 1953-1964 1953, 1954, 1955, 1956, 1957, 1958, 1959, 1960, 1961, 1962, 1963, 1964 bronze 19.10 mm., 3.24 g. 1 CENT / 1964 / CANADA / two maple leaves ELIZABETH II DEI GRATIA REGINA / Queen's head right KM#49 Coin value in UNC - $0.50-1.0 Penny 1965-1977 1965, 1966, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977 bronze Will you please contact me at the address listed with any information you have available. If you do NOT already have 1944 in your coin investment portfolio, make a chance now! Ok so I have a steel 1943 s steel penny in great condition and it sticks to magnetics so is it worth anything. More of these steel coins have popped up in recent years, so more errors may be listed and discovered. The history of the 1943 Lincoln Steel Penny dates back to the intervention of the United States of America in World War II (1941-1945).Many resources were scarce or rationed during the years of World War II. The 3rd U.S. President Thomas Jefferson is proudly displayed on the United States Nickel (5 cent piece). 21 sold. PCGS The Standard for the Rare Coin Industry. Believe it or not I was going through a lot of 350 wheat pennies. In EF 40, thats about $30,000, but in MS 60, the price jumps closer to $60,000. More to explore : A copy in certified mint state (MS+) condition could be worth $110,000 at auction. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. In this article you will learn in a simple but profound way what a 1943 Steel Penny is, list of rarities that make them highly valuable for collectors and most important which are the most expensive. You also need to be aware that even if your coin sells on eBay for a high price theres no guarantee that the buyer will pay up. in the field on the left) the word Liberty and on the right, the date and mint mark are inscribed, Denver or San Francisco. Indeed, whether collected as part of a short set or incorporated into a larger run of Lincoln cents, the 1943 steel pennies are favorites among non-numismatists and veteran coin collectors alike. However, by altering its composition, its weight was also reduced 13%, from 3.11 grams to 2.7 grams. Refer to the images to correctly identify the variety of your coin. ", Does anyone think the mint will change the composition of the penny again? Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Both these coins were Wheat Pennies, so they had Lincoln on the front and two wheat sheaves at the back. } document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); My name is Al my wife an I been saving pennies for about 30 years or more , for the last three weeks I been going though them and gathering info on what I need to know, it was the pemdemic I got into it I thought it would no trouble wow was I wrong.