Provenance is also an important clue. If you recently purchased it on eBay/etsy/Craigslist, I wouldn't be too optimistic.. An MS 66 example sold for over $370,000slightly underweight at 2.6 grams but hardly noticeable to the naked eye. Only 14 left in stock - order soon. WebThe 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. 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. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. The 1944 D steel cent is worth nearly $34,000 in average condition. 1944 Steel 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. I TESTED MY 1944 STEELE PENNY, VERY STRONG MAGNETIC AND WEIGHTS To me, that is proof enough that they know its fake. 1944 Steel Penny Values A coin in average condition has an estimated value of at least $77,000. The best way to separate the plated 1944 from steel cored cents is by weight. 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. These coins are made to resemble a genuine 1943 Lincoln cent, and theChinese counterfeitersuse copperblanks so they won't stick to a magnet. #penny #sixfigures #money #foryou Build a B*tch 80K timetotravel007 Timetotravel007 3.1Mviews 80K Likes, 441 Comments. These can make megabucks, fetching over $1.11 million when in top condition! 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 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. Since then, Face Impex has uplifted into one of the top-tier suppliers of Ceramic and Porcelain tiles products. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Metal was not the only commodity that was critical to the war effort. 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. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. Do homework,and if can afford,a really good investment! The copper version is worth around $100, so it does have some value. But most importantly, I have a 1944 steel wheat penny. With only a few 1944 steel cents known to exist, these coins are truly rare. Sign up for NBC South Florida newsletters. Thus, the PCGS Population Report data for the 1944 Steel Cent is understated and should be ignored. - Coin Community Forum This page may contain links that result in small commissions to keep this free site up and running. In 1943, the pennies were made from a zinc-coated steel to help save copper for this ammunition. | TheCoinShow | That better be a fake. 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. It's easy! However, finding that you have a 1944 penny that is silver in color is not definitive proof. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Got a question? The Steel cent of 1943 weighed 2.689 or 2.754 with tolerance overlapped, the 1944 Belgian 2 Fr. 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. Im in disbelief myself. 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. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. 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 Wheat pennies made from 1944 to 1946 often were made using recovered ammunition shells from World War II. 1943 Varies BRILLIANT UNCIRCULATED WW2 STEEL PENNY! Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. Mint workers first rolled a sheet of steel to the proper thickness. $995. - YouTube 0:00 / 7:28 Searching Old Pennies - Found a Fake 1944 "Steel" Penny! There are a few very valuable error coins produced in 1943. Yes I did the magnet. 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. 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. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Web50 Coin Roll Lot Of 1943 Steel Lincoln Wheat Cent Random Mints War Time Pennies. 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. When you weigh the penny, if it weighs 3.11 grams, it is a copper penny. 1944 Steel Penny How To Spot A Fake? Another good way to check is search the web for pics of authentic examples in NGC or PCGS holders and compare the characteristics. The Obverse of the 1944 Wheat Penny. 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). This penny is forsure real. 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. 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! The off-metal rarity is one of the few mint state examples of this error known to exist. Besides the tests you mentioned the only thing I can think of is sending it to be authenticated with a grading company like PCGS. It may be one of the most valuable pennies ever! Grandpa passed away. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. Use the tests above to find out if you have one of these pennies, and have it authenticated as soon as possible. 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. 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. However, if you have a rare steel wheat penny, it could be worth more than $100,000. 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. Theres also some sort of doubling or strike though. If the coin dealer determines that it is a fake, then you will want to seek a second opinion from another dealer. 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. WebSearching Old Pennies - Found a Fake 1944 "Steel" Penny! 1959-D Lincoln Wheat Cent Unfortunately, there is no easy way to tell the difference between a genuine 1943 copper penny and a Chinese counterfeit. The coin was sold for $58,201.50 on January 4 to an online bidder. $16.95. These are approximateretail pricesand wholesale values. Most critical of all was gasoline. 1992 Close AM, Sovereign, 1913 Perth - Help Figure Grading. SCHOCK YOUR FRIENDS! Your email address will not be published. 2 1982 d small dates. 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. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. When compared to the PCGS example, it's falling short. Not inserted in selling or nothing like that. Over time, people would find these copperplated steel pennies and think that they found a rare mint error. Save my name, email, and website in this browser for the next time I comment. Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. They differ in Suffix, Minor Variety, and Die Variety only. Basically, if your penny sticks to the magnet, it is a steel penny, and if it does not, it is copper. Lincoln cent as well. With that level of wear, a real Zn-clad steel penny does not look like yours. WebAnswer: For a real one, probably low to mid five figures. The mint mark is the wrong style and in wrong location. 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. 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! If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. 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. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. Been lurking here for awhile and decided to become active as I've developed an interest in coins lately. If your 1943 copper colored penny doesn't stick to a magnet, then use a magnifying glass to look at the date. Penny Uncirculated. The 1944 steel penny is rarely on the market. The problem is that it resembled a dime, so officials changed it back to copper, but they made it using spent shell casings. 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. And then if it is genuine, then you have a major rarity worth serious money. Started by Image: usacoinbook. The manufacturing process resulted in bare steel exposed on theedge of the coin. The 1943 steel cent is so common and low in value that no one Web1943 Tribute Steelie WWII Steel Penny Coin Clad in Genuine Platinum Lot of 3. The definition is poor throughout. 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. Only 3 left. Many people get excited when they see that they have a silver penny, but this could be steel or copper. While authentic steel pennies will stick to magnets, fakes that are copper and zinc-coated will not. It's a modern fake. For Sale: 1800 B-13 BB-193 Draped Bust Dollar! The 1944 copies now had 95% copper and 5% zinc. If you ever thought to discard the loose pennies in your coin purse, hold off. Gave to me before his death , bless his heart. Hello, yes, I have a 1944 wheat penny. 5.0 out of 5 stars 1.