Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. There are only 7 known 1944-D steel pennies in existence. 1950 Lincoln Penny Value. How much is a 1964 penny worth? ", Numismatic collector with a passion for history, particularly Spanish history. 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. PCGS.com is also a solid rare coin sales destination online. note: This article is periodically updated to reflect the current price of most valuable coins. These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. Hi Kelli. When you come across a 1943 Lincoln Steel Penny, the first question that comes to mind is what was the reason for creating this type of valuable coin made of silver more like a dime than a penny. 1943 D Lincoln Wheat Cent/ Penny ** ww2 steel war Cent * (#255985247490) See all feedback. The 1944 steel penny is a mistake, but its a wonderful one, and the reason for its existence in history is vital for the U.S. and the world itself. A 1964 D penny is worth between 2 USD and 5,000 USD. 1964 Penny Value and Price Chart The 1964 penny value has a minimum of $0.15 regardless of whether it carries a mint mark or not. During 1943 no Lincoln Steel Penny was minted in Proof quality. If you choose eBay, remember to set a minimum price that is higher or at the very least equal to the face value of the coin - or you'll make a loss. Email ID@coinvalueinvestor.com, and we will attempt to ID the coin and provide an estimated value. Key and Semi-Key Dates to remember. This indicated the coin was made of steel rather than copper like most 1944-D cents. A litany of tests and patterns followed for the emergency composition, including plastic and glass. More of these steel coins have popped up in recent years, so more errors may be listed and discovered. I got two wheat pennies. It would help if you considered picking up these coins at a crack in quantities of 50 or more. "text": "A 1944 Steel Penny MS+ should go for more than $100,000." Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. When I did I seen it is a 1993 D. Looking online, I see they didn't re-make a steel penny, in 93. I have a 1943 wheat penny with no mint mark on it and I want to know how much is it worth? ; 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 $200,000. "@type": "Question", On the other hand, the minting of steel coins was officially stopped in December 1943, so technically speaking, all the 1944 steel pennies can be counted as error coins. 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. Assay Office. Coleccionistasdemonedas.com is an independent website. In MS65 they are a little harder to find but probably many still in original and even opened rolls. 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. 2022 Coleccionistasdemonedas.com | Valuable Coin Collecting & Numismatic Magazine. The 9 was bigger than the other numbers on that issue. It seems to be steel under and looks nice. The steel used on these coins was fairly low grade, infused with carbon, and topped with zinc to add a touch of luxury. ): If you do have one, it would be worth tens of thousands of dollars. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. 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. 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. 1943 Steel/Zinc composition in uncirculated condition, no mint mark is a Philadelphia coin: un minted, this is rare. Multiple (8) PCGS MS67RDs. Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. "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." document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. . Tried picking up with magnet and it didn't stick . As most coins from 60 years ago have dulled over time, a 1964 penny with a shiny finish should draw your curiosity. And Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. The process happened on the planchet sheet the blank sheet that gets cut into discs for minting coins. The Lincoln Steel Penny was not well accepted by the American population who had to use it in everyday life. There are instances of MS-65 Full 5 Step versions of the 1964 D Nickel selling for more than $500 at auction. I also have 1943 steel penny with no mint. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. This rare variant of the 1943 Philadelphia Lincoln Steel Penny consists of a double coinage on the back.The highest value obtained for this variant was $2,150 in 02/2020 for a piece in MS67 quality. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. In MS65 they are a little harder to find but probably many still in original and even opened rolls. Indeed I submitted the bid online,and my family and I were high-fiving when we won! Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? This may not sound like a lot, but it's still 119,900% its original value. 1. Theres only one mint type for the 1944 Steel Penny. 1943 D & P Steel Wheat Penny "War Time" 6 coin lot . The woman then met with Mr. Estes, who could immediately tell the coin was real based on his decades of experience as a coin dealer and expert numismatist. This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. On its back are two wheat leaves, appearing on either side of the central legend which became known as the wheat penny. There is no right or wrong way to collect 1943 Lincoln cents. $13.00. Of the 217,660,000 1943 Lincoln Steel Pennies minted in Denver, only a few, out of 4,000, are double-minted with the initial/mint mark (D).This double minting is very easy to discover since the second D is more displaced from the first. But it sure isnt your regular penny.. Incidentally, we refer to them as pennies instead of cents because thats what 1-cent coins are called in the United Kingdom. The rest were bronze cents, and they made over 1.4B of those. The PCGS certifying company has graduated only 3 pieces of 1943 Lincoln Steel Penny in MS68+ grade from Philadelphia, 2 pieces for Denver and 5 pieces for San Francisco. So those 40 or so steel pennies from 1944 ended up being quite pricy. $0.99. In 2008, this coin was sold for $373,750. Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. The United States Mint eventually acquiesced to the concerns of the public. It may also help to know where these 1944 steel cents came from. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. Great! Set where you live, what language you speak, and the currency you use. in the field on the left) the word Liberty and on the right, the date and mint mark are inscribed, Denver or San Francisco. Copyright 1995-2023 eBay Inc. All Rights Reserved. Ed. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. The views expressed may come from different individual authors and may not necessarily reflect those of the website or other organization. Which 1943 steel penny is valuable? cpm9ball, Apr 30, 2021 The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. $5.20. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! . Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. Step 2: Grading Condition - Judge condition to determine grade. Our posts do NOT contain affiliate links. These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. (Right now, the government loses money on every penny it issues. 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It Does Cling To A Magnet. Any value? (3) $36.98 FREE shipping. I have two lincoln pennies 1944 tryed magnet test did not stick one has copper look the another newer look can tell me more about these pennies. 1964-D penny (Denver mintmark under the date) - 3,799,071,500 (about 3.8 billion) minted; 10 to 25+ cents 1964 proof penny - 3,950,762 minted; $1+ 1964 SMS penny (special mint set) - approximately 30 estimated to be minted; $5,000+ *Values are for coins in uncirculated grade, proof finish, and special mint set finish. Please include 2 photos when making a value request. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. Also standard to these coins, the 1964 penny has a diameter of 19mm and a mass of 3.11 grams. Of course, when a penny is worth more than $85,000, you'd expect a few counterfeit examples to be floating around out there. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. "@type": "Answer", 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. Memorial Cents arrived on 12th February 1959, marking the 150th anniversary of his birth. There was a problem subscribing you to this newsletter. Coleccionistasdemonedas.com Estimated Value of 1943 Steel Penny today is: In average grades can be found between $0.09 and $0.14. So if you want to be sure your 1944 wheat penny is steel, test it with a magnet. Transitional errors can happen when a coin's composition changes, but the old dies are used. Click here to Learn How to use Coin Price Charts. I suggest re-reading this article: all these facts I have stated are direct quotes easily found if you care to read again? One of then looks like lady liberty and Lincoln are kissing on the reverse. Thanks for the great back story about the 1944-D Zinc. When she spoke to Mr. Estes, he asked if a magnet attracted the coin, and she said it did. It does stick to a magnet. Since the main material that made up the coin was steel, new dies had to be used and changed from time to time because the hardness of the steel soon wore them out. i have a 1944 d white steel wheat penny my father left a big lunch pale full of mexican coins u.s coins queen elizabeth coins that he would save before my father died. I have a true 1943 penny that doesnt stick to a magnet and steeel pennies that are steel and do stick to a magnet and I have different variations of 1943 pennies that are like experimental 1943 pennies that look brown and steel my email is [emailprotected] please email Ill send pictures and well talk on phone free after. Get the best deals on 1943 D Penny when you shop the largest online selection at eBay.com. Slot machines often had magnets to catch fake coins, and these magnets would grab the steel pennies and jam the coin slot. As is the Denver minted coin with a error of 2 Ds for the mint mark . Later, from 1959 to 2008, the back of the Lincoln penny was modified with the well-known Frank Gasparros design, in which the two wheat leaves on the back for which Lincolns pennies were known were removed. } A 1964d penny can be worth from $2 to nearly $5,000. 3- 50 dollars Gold Elzabeth ll. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? It was graded as an MS 66 by NGC (Numismatic Guaranty Corporation) and weighed 2.6g instead of the standard 2.7g. Above the bust, you can read the legend In God We Trust, behind him (i.e. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. That year was planned as the only year when pennies would have zero copper in them. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Most steel pennies are worth between 20 cents and 20 dollars. I definitely recommend getting it authenticated! Etsy is powered by 100% renewable electricity. } The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy. From 1982, that changed to 97.5% zinc coated with 2.5% copper for coloration. One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. In MS 63, the highest recorded selling price was over $1.1M. 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! Another important quality is the date - only 1964 pennies can be part of this unique group. A 1943 steel wheat penny that is attracted to a magnet, in used condition is worth maximum 20c. 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. If you believe that you have a rare coin then you may be able to make a real mint. In 2010 this coin was worth $118k In 2022, only $3k! Coins in order by date. Free shipping. Top Rated seller. According to the Heritage Auctions catalog description for the MS61 example that sold during the FUN action, This example, despite being pulled from change, was awarded a Mint State grade in its recent certification by NGC. A 1944 D Steel Penny in AU 53 sold for over $37,000. From 1909 to 1958 the U.S. penny was made of 95% copper and showed the bust of President Abraham Lincoln facing right to commemorate 100 years of his birth. Save my name, email, and website in this browser for the next time I comment. Either way, time to spot some errors! Generally speaking, the penny is known as the Lincoln Cent because it bears his image. Because copper was considered a strategic metal during World War II, there was an effort to find an alternative metal to produce pennies. Last month,a rare 25 cent error coin sold for $599- and you could find a similar one in your spare change too. eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. "@type": "Question", They include 30 from Philadelphia (no mint mark), 7 from Denver (D Mint Mark), and 2 from San Francisco (S Mint Mark). There is only one piece in the maximum graduation, MS67+. Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. I have So Much to List. This was accomplished by using copper shell casings gathered from military training facilities. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. "@type": "Question", In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66. Now is a superb opportunity to diversify your stock/ETF portfolio and aim for attractive returns with rare coins and precious metals. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. Click to see auction record. my normal scales that weigh to the milligram have been lost and I'm unsure of the others calibration although pre '82 weigh 3.1 and post 2.5. this penny weighs 2.9 consistently as I go back and forth between it 1964 and 1998 A dealer does not stay in business for almost 50 years unless he or she treats their customers well. After all, low-grade coins with valid errors could score hundreds of dollars! A coin in average condition has an estimated value of at least $77,000. If you do NOT already have 1944 in your coin investment portfolio, make a chance now! If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the \"about\" page on my channel. Prices are slightly higher than 1944 P pennies (no mint mark). Year: 1964 Mint: D Type: Jefferson Nickel Lets check its specifications. If so please share it with your friends and help us grow. any advice you could help me with would be nice ,also accouple of 82 small date . You need to post photos, and it would be best to start your own thread. My email is [emailprotected] I would appreciate any help. More to explore : A copy in certified mint state (MS+) condition could be worth $110,000 at auction. Iron coins react strongly and will let the magnet lift the coin. In 1944, only 7 steel pennies are known to exist with the D mint mark. This theory suggests that when standard 1944 bronze coins were being coined, the handful of 1944 steel planchets that remained jammed in the minting machines got minted and mixed into regular bronze cents. A 1964 D in MS 67 RD sold for $456. And Find many great new & used options and get the best deals for 1964 D Lincoln Memorial cent/ Penny at the best online prices at eBay! 10 Most Valuable Wheat Pennies Worth In 2023, 1981 Quarter Value, Error List, & Investment Outlook, 1957 D Wheat Penny Buyers Guide, Value, Errors, 1944 Steel Penny Value, Best Grades, Mint Types, 2021 Morgan Silver Dollar Value, Release Date, Mint Mark, 1951 D Wheat Penny Value, Top Varieties, Errors, & Outlook, 1928 Buffalo Nickel Value, Mint Types, Errors, 1920 Wheat Penny Value (No Mint Mark?) JBCOINSINC 200K views 3 years ago 5 modern Lincoln cents worth over $1,000 that can be found in pocket change! And. !, W/H COA & STAND! if anyone can help me, please send me an e mail thanks,the penny does stick to a magnet, k.c. The 3rd U.S. President Thomas Jefferson is proudly displayed on the United States Nickel (5 cent piece). Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. Step 3: Special Qualities - Certain elements either enhance or detract from value. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. Thanks for your time and consideration. This may come as something of a surprise to the many who believe these coins are quite valuable. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America - $499.99. "mainEntity": [ Advise Us Please. "name": " How much is a 1944 steel penny worth? 1821 to 1946 Free shipping on many items | Browse your favorite brands | affordable prices. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). Beautiful Coin! 1943 P D S Wheat head Lincoln 3 Penny Set. About 10 examples of this coin are believed to exist. COIN collectors could make a mint if they spot a rare penny in their wallet, with one coin recently selling for $2,010 on eBay. The coin is copper and features Abraham Lincoln on the obverse side and the Lincoln Memorial on the reverse side. First, weigh the coin. The woman shared additional information and documentation about the coin with Mr. Estes. An Oregon woman contacted Mr. Estes a couple of months ago about a 1944-D steel cent she had inherited. .? Lots of coin dealers list steel coins themselves as errors, but that was fully mint-sanctioned. The mint mark, when present, can be found on the obverse side of the coin below the date. If you have insider information regarding the penny number count or would like to sell one, please email sales@coinvalueinvestor.com. What do the Wall Street wolves say? This metal composition was meant to continue until 1946. MS67
Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (source). First of all, get some scales ready! It weighed 3.11g instead of the expected 2.7g. View Etsys Privacy Policy. But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! ), 1943 copper penny is extremely rare and valuable. On Back Right to Bear Arms with Cannon. The 1964 penny with no mint mark and the 1964 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. To enable personalized advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. Due to the vast sums they sell for, theres a not-insignificant black market, with several fakes and forgeries being sold at any time. These coins had some problems though. , { According to USA Coin Book, about 40 steel pennies were minted in 1944. { Lets look at these silver-colored coins and find out what theyre worth today. Pedigree and History. Last year I interviewed him for CoinWeek about his interest in coins and his expertise on silver dollars . 1944 bronze cents are common, but a few of the steel-coated zinc coins were minted that year by mistake. In 1944, the Philadelphia Mint only made 30 steel pennies. 1943-S JEFFERSON SILVER WAR NICKEL IN GEM BU CONDITION-WOW!! If you think you might have found an elusive 1944 steel penny, heres what to do. "@type": "Answer", 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. 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? Last year the price for this same quality was no more than $2,000, it was $1,586.This value is normal if we take into account that PCGS only has 1 coin in superior quality, MS67+, and two copies in MS67.In MS66 graduation the variant has reached $780 during 2020. Copper was traditionally used and was required for several military-related purposes as the U.S. battled Axis powers in multiple theatres. And the four reverse designs from 2009 celebrated Lincolns bicentennial. 3.) View cart for details. Captcha failed to load. Their rarity is one reason they're so expensive, but it's also down to the coin's composition. So when steel pennies popped up marked 1944, they attracted interest among collectors, resellers, and speculators. "acceptedAnswer": { POP TIL YOU DROP WATER DOWN SAY GOODBYE SO LONG Six discontinued frozen foods from Trader Joe's you'll never see again The plan was to mint steel war pennies from December 1942 to December 1946, but in December 1943, the Treasury said they wouldnt make any more steel cents. Anyone know what its Worth ??? The publics rejection of the 1943 Steel Lincoln Penny. 93 sold. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. In low grades, a 1943 or 1944 penny is only worth its face value. I just submitted to Great Collections a 1943 steel penny. But although they're all stamped 1964, close to 2B of these coins were produced in 1965. I found a 1944 d silver penny its in good condition try to see how much there worth. DONALD TRUMP "45TH PRESIDENT" COLORIZED IKE EISENHOWER $1 COIN. The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. NGCs web site says it has graded one MS62, and one MS63. Specifications Type: Lincoln Penny Year: 1964 Face Value: $0.01 Composition: 95% copper, 5% zinc Total Weight: 3.11 grams The US minted the 1964 penny with no mint mark and also the 1964 D penny. She believed the coin was real and was frustrated that she could not find anyone who would take her seriously. Check to see if it falls into one of the categories on this list. The Official Red book: A Guide Book of United States Coins. Try using a different browser or disabling ad blockers. But starting in 1942, experimental coins were being developed to save on war metals. To learn more about each error simply click on the read more link. CANADA 2021 50 CENT BRILLIANT UNCIRCULATED HALF DOLLAR COIN. This steel Walker is one of two known and is graded as MS-64. The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. Steel pennies have iron in them. They were minted in 1943 and 1944. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Both these coins were Wheat Pennies, so they had Lincoln on the front and two wheat sheaves at the back. i came across a what i thought was just a token but after intensive research,it comes to be a 1785 bar cent,please advise me how to get it authenicated and graded.thanks kenneth. Email us at exclusive@the-sun.com or call 212 416 4552. 4.) One of the. Mint: D. Type: Lincoln Penny. Ive got a RARE 1944 D wheat penny ill let go for $ 20,000.00 U.S dollars .or make me an offer .condition over exceeds the one you have by very much. 19.05 mm Thickness: 0.0598 inches (1.52 mm) Edge: Plain Minted in: Philadelphia Quantity Minted: 2,648,575,000 photo source: www.ebay.co.uk 2) 1964 D Penny 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. At least a portion of this brass was obtained from salvaged cartridge cases, which did the job nicely. Etsys 100% renewable electricity commitment includes the electricity used by the data centers that host Etsy.com, the Sell on Etsy app, and the Etsy app, as well as the electricity that powers Etsys global offices and employees working remotely from home in the US. If you happen to spot one in your wallet or down the back of your sofa, keep in mind that the coin is only worth what someone is willing to pay. This unusual-looking Lincoln Wheat cent is unlike any other United States one-cent coin. The 1943 copper penny is extremely rare and valuable. The substitute proved unsatisfactory, and from 1944 through 1946 the Mint instead used the brass alloy first tried in 1942; this lacked the small percentage of tin employed before and after the war. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. 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.
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