Before you spend the money to gave it graded, it wont grade very high, please have a professional numismatist (coin dealer) check it out. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. Got a question? 1944 Steel Penny How To Spot A Fake? Face Impex is one of the Face group of companies that begin in 2006. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Can we please see a photo or two of it? 00. To ensure your 1943 copper penny is not actually steel, do the magnet test. The 1944 D steel cent is worth nearly $34,000 in average condition. Not inserted in selling or nothing like that. 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 matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. If you think you have a steel penny, you should go to a third-party coin authenticator to find out. Most people believe that all pennies produced by the United States Mint are made of copper. It's the COPPER '43 that has fakes out there. The Obverse of the 1944 Wheat Penny. Our company has made one of the best approaches towards customers that we supply premier quality products. It's the COPPER '43 that has fakes out there. $995. WebSearching Old Pennies - Found a Fake 1944 "Steel" Penny! These are approximateretail pricesand wholesale values. 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). 2.7 GRAMS. The 1943 steel cent is so common and low in value that no one Build a B*tch. And then if it is genuine, then you have a major rarity worth serious money. 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. Very bad condition, magnet test ( pass ). They are worth a lot of money! Despite the inability to determine its actual value, an MS66 in August 2021 sold for $408,000. 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. Also, click here to Learn About Grading Coins. How to Tell If a 1944 Wheat Penny Is Steel. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Routing number of commercial bank of Ethiopia? The steel cents were officially issued only in 1943, as copper was needed for the war effort. 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. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. These can be valuable. 1944 Steel cent is oftencounterfeit using a 1943 steel cent removing the last digit and making it a 4 .. the 4 on your coin does look a little funky Im guessing you found acounterfeit 1944 sure the weight is same cause they used a 1943 steel cent, Weight and magnetism are not guarantees of authenticity, I can't see enough to offer an opinion, but you should be aware that Chinese copies are available., https://m.aliexpress.com/wholesale/1944+steel+penny.html?channel=direct&keywords=1944+steel+penny&catId=0&initiative_id=AS_20210502071201&origin=y&SearchText=1944+steel+penny. Double die. How much is it worth? Could be plated. According to Cointrackers.com, certain pennies that were minted in 1943 and 1944 top the list of the 25 most valuable pennies for coin collectors in 2023. Read on to learn how to tell if a 1944 wheat penny is steel. Also, the public rejected this new coin. One specialist was able to trace only two examples in mint state." Powered by Invision Community, Location: Butt: Northern Alabama, Mind: South Central Pennsylvania. As for the 1944 steel cent without a mintmark, it is worth more than $28,000 in average condition. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Doubled dies 3. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. 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. Though the war was still on, the US collected the metals from their military training areas. Im in disbelief myself. WebThe 1944 steel penny is worth between $75,000 and $110,000, depending on its condition. The moisture caused the zinc coating to turn to an ugly blackish color. The weight is right, the magnet works, there are only 15-20 known to exist. 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 Hard to tell from uncropped photos, but looks plated to me. Additionally, a professional numismatist may be able to tell the difference for you before you send it to a third-party grading service. In an August 2007 auction, a 1944 D Lincoln steel cent graded in MS63 sold for $115,000, according to PCGS. Required fields are marked *. MS64 You need to be a member in order to leave a comment. 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. What Is Happening With This 1972 Penny Rim? 1943 Varies BRILLIANT UNCIRCULATED WW2 STEEL PENNY! 06-20-2021 Heritage Auctions. 1974 D Extra Thickness In The Obverse Of The Coin. 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. It's leaving me crave Chinese food. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. Its an even with the rest of the date. Here We Go Again. 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! 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. Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. Your email address will not be published. WHOEVER IS INTERESTING I WILL SEND PICTURES OF ALL ANGLES EVEN A SHORT VIDEO SO YOU SEE HOW JUMPS TO THE MAGNETIC. When you weigh the penny, if it weighs 3.11 grams, it is a copper penny. Study now. But, although they are uncommon, they are hardly rare. Click here to Learn How to use Coin Price Charts. Anyone that would like to look at it, weigh it, put a magnet on it is more then welcome to do so. Moisture came in contact with the coins as they circulated in commerce. SCHOCK YOUR FRIENDS! Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. Have a 1944s wheat penny sticks to magnet and actually found in my purse. The coining press struck the copper planchets with the 1943 date. So called errors, Coin information 5. What did the Nazis begin using gas chambers instead of mobile killing units and shooting squads after a while. Email if interested. 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. 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). Is My Penny Solid Copper or a Copper-Plated Zinc Cent? With that level of wear, a real Zn-clad steel penny does not look like yours. But This Might Be It . So, the mints stopped making Lincoln cents using steel. The Steel cent of 1943 weighed 2.689 or 2.754 with tolerance overlapped, the 1944 Belgian 2 Fr. $14 delivery Feb 28 - Mar 21 . Unfortunately, there is no easy way to tell the difference between a genuine 1943 copper penny and a Chinese counterfeit. Philadelphia, Denver, and San Francisco all produced these ultra-rare 1943 copper pennies. No way was I going to except that know this coin is worth $130,000. The 1943 steel cent is so common and low in value that no one bothers making fakes. 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. 1944 S Lincoln Wheat Penny Average Circulated Good to Fine. WebThankfully, there are several telltale signs to spotting a fake 1943 copper penny: It sticks to a magnet. Copyright 2023 NBCUniversal Media, LLC. WebYoull have zero chance of buying a fake one. Your email address will not be published. WebCopy 1944-P Lincoln Wheat Cent Penny(Errors Steel) Copy Coin for Copy Souvenir Novelty Coin Coin Gift. $180,000 Our coin forum is completely free! What is the reflection of the story of princess urduja? Register Now! The Magnet Test 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 It's a modern fake. The 1943 steel penny with no mint mark is worth around $0.30 in fine condition. I was offered $3500 dollars. Also, you are correct that the 1944 S is the rarest. You need to have the penny graded based on its condition if you plan to sell it to a dealer. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Hello, yes, I have a 1944 wheat penny. The 1944 steel penny is rarely on the market. You will need a scale that goes to tenths of grams to use the weight to find out which penny you have. If the coin dealer determines that it is a fake, then you will want to seek a second opinion from another dealer. If your 1943 penny does stick to a magnet, it's really made from steel and is not rare. When they switched back in 1944, some of the steel planchets were left in the presses, so there were about two dozen steel pennies made in 1944. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). 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. The finest example (the one illustrated here) is part of the Simpson collection of off-metal 1943 and 1944 Cents, the only complete collection ever assembled of these hugely popular coins. Only 14 left in stock - order soon. WebUSA Coin Book Estimated Value of 1944-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $409,304 in Average Condition and can be Worth $759,524 to $1,137,794 or more in Uncirculated (MS+) Mint Condition. An MS64 auctioned at $108,000 on the same day. 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. Do homework,and if can afford,a really good investment! The best way to separate the plated 1944 from steel cored cents is by weight. IMHO, counterfeit. Gave to me before his death , bless his heart. That ear sure has some strange things going on with it. 1992 Close AM, Sovereign, 1913 Perth - Help Figure Grading. Image: usacoinbook. Hi everyone. 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. Some people got it confused with a dime that is almost the same size. The 1944 Lincoln penny is coveted by collectors for its design as well as its rarity. The absolute top price one of these pennies has fetched at an auction was $115,000! Both steel pennies from 1944 and copper cents from 1944 appear silver in color. 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 19 and the 44 are inconsistent which concerns me as this coin is often counterfeit. These can make megabucks, fetching over $1.11 million when in top condition! Click here to Learn How to use Coin Price Charts. In 1943, a few bronze pennies were also minted. 3,002 views Aug 5, 2016 16 So, here are the key aspects to note about this coin as designed by Victor David. With only a few 1944 steel cents known to exist, these coins are truly rare. In 1944 the mint switched back to using copper to produce the pennies. Failing that, might show it to a local dealer. The copper version is worth around $100, so it does have some value. Now have you had the coin authenticated? The actual offer you receive from a particular coin dealer will vary depending on the exact grade of the coin and some otherfactors that determine its worth. The date, 1944, is to the right. WHAT DO I DO NEXT. She is a member of the American Numismatic Association (ANA) and holds several certifications. 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? As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. "This is one of the neatest of all mint errors, and there are probably less than five mint state pieces known to exist. IM NOT BUYING THAT AT ALL ! Where to seel, best bet would be through one of the large auction houses. This coming is in very good shape and in my opinion is a MS 67-68. It may be one of the most valuable pennies ever! 1951-D 1 WRPM-078 Formerly Listed As WoMM-002? 1944 Steel Penny Values A coin in average condition has an estimated value of at least $77,000. When locked, you will be scrolled directly to this table for all coins. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. I have a 1944 d steel. 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. Essential goods were rationed to American citizens using coupon books issued by the government. Take it to the folks who run your state electric utility -- they're real smart; they will surely know. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. Who is Jason crabb mother and where is she? Toonie With Rim Issues. If it is to good to be true it probably is., I agree. However, please treat it like it is a real 1944 steel cent (valuable & rare) and don't damage it by cleaning (or dropping it onto a table). However, finding that you have a 1944 penny that is silver in color is not definitive proof. Need help? So if you have a 1944 copper wheat penny is there any outrageous value? 1. The following is excerpted from a PCGS presss release dated January 17, 2000, written by the late Bruce Amspacher, : The 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. The first thing you can do is look at the color of your penny. For Sale: 1800 B-13 BB-193 Draped Bust Dollar! However, these pennies are zinc plated steel with a silver color, similar to the 1943 penny. Anyone interested please email me at [edited] Thanks. The D or S mintmark is found under the date on the coin. The seller clearly knows that 1944 steel cents are ultra rare and still was willing to let the pair go for under $1000. With that level of wear, a real Zn-clad steel penny does not look like yours. Besides the tests you mentioned the only thing I can think of is sending it to be authenticated with a grading company like PCGS. Another good way to check is search the web for pics of authentic examples in NGC or PCGS holders and compare the characteristics. There are a few very valuable error coins produced in 1943. Early Jefferson Nickel Values 1938 - 1964, find out if your 1943 copper penny is genuine. They differ in Suffix, Minor Variety, and Die Variety only. 82722 Jun-2021 $180,000 MS64 But most importantly, I have a 1944 steel wheat penny. 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. Top two, andin my estimation, the top ONE. Id want to know, because if it is real, regardless of grade, youve hit the jackpot, if not NGC will let you know or grade it. I am no expert that is for sure you may want to take it to someone local before sending it off. I did the magnet test and it is indeed steel, but I question the second 4. Metal was not the only commodity that was critical to the war effort. Pawn Stars The popular pawn show Pawn Stars featured a rare 1944 steel wheat penny. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. PS: The "coin" is counterfeit. Mint workers first rolled a sheet of steel to the proper thickness. https://www.PCGS.com/coinfacts/cointeel/82731). See answer (1) Copy. 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. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. We are exporting the best and premium quality porcelain slab tiles, glazed porcelain tiles, ceramic floor tiles, ceramic wall tiles, 20mm outdoor tiles, wooden planks tiles, subway tiles, mosaics tiles, countertop to worldwide. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. Professional Coin Grading Service (PCGS) - www.pcgs.com. Sign up for NBC South Florida newsletters. The manufacturing process for producing theplanchetswas also flawed. Been lurking here for awhile and decided to become active as I've developed an interest in coins lately. Important note: Until recently, PCGS certified 1944 Steel Cents under their Mint Error program, which assigned the coins certificate numbers which were subsets of the normal 1944 Bronze Cents. - Coin Community Forum This page may contain links that result in small commissions to keep this free site up and running. Their rarity is one reason theyre so expensive, but Use the tests above to find out if you have one of these pennies, and have it authenticated as soon as possible. What Else Happened When Your 1944 Penny Was Made? On my 1944 steel Wheat penny and I tested its weight its is 2.7.It is the real deal.I now am going to get it graded. It took 0.33 seconds to rattle this change. 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. Mr.Bill347 Member: Seasoned Veteran 1,625 posts Joined: November 23, Here is a real 1944 steel Cent: Richard S. Cooper. These errors are extremely rare, but if you think you might have a 1943 copper penny or a 1944 steel penny, here's how tofind out if your 1943 copper penny is genuine. Yes I did the magnet. What is the answer punchline algebra 15.1 why dose a chicken coop have only two doors? This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. While there is no silver in the penny, it looks silver and some people call them silver pennies. But a 44 Steel is like finding a 43 Copper . Compared to the real deal (. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. 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. In 1944 the mint switched back to using copper to produce the pennies. Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing. The 1944 S Steel Penny is one of the most valuable coins. The 1944 Steel Wheat Penny. In 1944 the composition was changed as the cents were made of "shell case bronze" from recycled shell cases for the next two years. PCGS CERTIFIED 1944 Steel Penny Errors At one time genuine 1943 Steel pennies were copper plated and sold as novelty items at coin shows and flea markets. Free shipping for many products! Make Offer: Lincoln Cent Doubled Dies And RPMS. 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. If they believe it is authentic, you can ask them to submit it to a third party grading service on your behalf. They decided to use steel for the base metal and plate it with pure zinc. 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 1943 Steel Penny Value Table under various Versions. | TheCoinShow | That better be a fake. People love to collect coins, and they are always looking for a rare find, such as the 1944 steel wheat penny. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. According to USA Coin Book, a 1944-S Steel Penny in average condition is worth $399,637, and can be worth over $1.11 million in an MS63 grade. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. If you are interested,$80,000 firm,in perfect condition. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Hello, I wish I could post video so to prove I actually have a 1944 2.7 steel wheat penny. Every "4" is different on Lincoln cents from the 1940s, including both fours on a 1944. You will want to keep this penny under lock and key because it is very valuable. If your penny has a copper colored appearance, here is how you can authenticate it and tell if it is a genuine 1943 solid copper penny or a fake one. Did This Get Punched Wrong? Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. I have a 1944 steel penny it weighs 2.7 g jumps to a magnet is Philadelphia mint and it also has a little bit of rust on it I havent graded it had it graded or oftentation put on it but it is a real deal I will sell it for $30,000, Heritage Auctions I JUST INHERITED A 1944 D STEEL PENNY IN VERY GOOD CONDITION IT WEIGHS 2.7 GRAMS AND STICKS TO A MAGNET. Web1944 D Steel Penny Value In 1944, only 7 steel pennies are known to exist with the D mint mark. #duet with timetotravel007 Six figure penny being destroyed . $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. Here are some pictures. Thus, the PCGS Population Report data for the 1944 Steel Cent is understated and should be ignored. Penny Uncirculated. If it does, your penny is worth about 15 cents as a novelty item. The back of the coin has two inscriptions in the center. 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. The bronze 1943 penny is one of the rarest coins in existence, and it sold for $204,000 in an auction in 2019. Is My Penny Solid Copper or a Copper-Plated Zinc Cent? The mint mark is the wrong style and in wrong location. Getting the 1944 steel wheat pennies in todays market isnt easy. Web50 Coin Roll Lot Of 1943 Steel Lincoln Wheat Cent Random Mints War Time Pennies. 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. SEND IT IN TO PCGS AND PAY TO HAVE IT GRADED. An MS 66 example sold for over $370,000slightly underweight at 2.6 grams but hardly noticeable to the naked eye. WebFind many great new & used options and get the best deals for 2021 Canada 50 Cent from MINT ROLL ( 1 Coin from roll ) at the best online prices at eBay! If your 1943 copper colored penny doesn't stick to a magnet, then use a magnifying glass to look at the date. I TESTED MY 1944 STEELE PENNY, VERY STRONG MAGNETIC AND WEIGHTS During World War II, the war effort required a lot of copper to make shell casings and munitions. The problem is that it resembled a dime, so officials changed it back to copper, but they made it using spent shell casings. 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. Sign up for a new account in our community. Die events, One of a kind errors 4. All rights reserved. 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.
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