. Check to see if it falls into one of the categories on this list. Because copper was considered a strategic metal during World War II, there was an effort to find an alternative metal to produce pennies. 1943 D Lincoln Wheat Cent/ Penny ** ww2 steel war Cent * (#255985247490) See all feedback. Welcome to the neighborhood! Click to see auction record. How much a steel penny is worth is very dependent on the condition of the coin. There are only 7 known 1944-D steel pennies in existence. However, there are still millions of collectible 1943 pennies out there. Copyright 1995-2023 eBay Inc. All Rights Reserved. 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. I think they are steel how do i know what they are worth? Only a couple dozen pieces were made and exist today, and each is worth about $100,000. The coin was submitted for auction by Heritage Auctions of Dallas, Texas, the third largest auction in the world. Public collections can be seen by the public, including other shoppers, and may show up in recommendations and other places. During the war years (1944 to 1945), copper, tin, and nickel were required for weapons and military equipment. What you think. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, Park Avenue Numismatics online Encyclopedia of U.S. coins, New Novel About Coin Collecting, One of a Kind. Not sure what they r worth. Because of their relative rarity, 1944 P Steel pennies fetch a premium. 03-22-2012 Stack's Bowers. 14,000, 20,000 Next, use a magnet. Captcha failed to load. Hi I have a 1944 Steele penny how can I sell it, I have several wheat pennies. Lets check its specifications. Pedigree and History. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. The rest were bronze cents, and they made over 1.4B of those. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. (adsbygoogle = window.adsbygoogle || []).push({}); 1964 D Thomas Jefferson Nickels have been widely produced and the lower end versions of this coin are only worth the face value of .05 USD. There are two main theories. 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. If so please share it with your friends and help us grow. Buy at the bottom, sell at the top. 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. Multiple (8) PCGS MS67RDs. . 1943 Bronze composition (looks brown or red but magnetic) $? 2.) Anyone know what its Worth ??? Below the year 1969 on the right hand side, it also features the letter "D", which means it was minted in Denver. Assay Office. Scarcer than the 1943 Lincoln Steel Penny is the 1943 Lincoln Penny made from copper, with an unknown coinage. The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors. This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. In EF 40, thats about $30,000, but in MS 60, the price jumps closer to $60,000. ***Primary Source(s): http://varietyvista.com***Social Media Links (Website, Instagram, Facebook, Twitter, More):https://linktree.com/treasuretownActive Affiliate Links - Purchase Items Through Them To Support Treasure Town:https://linktree.com/treasuretownaffiliatesLinks to Sources I Use (PCGS, Heritage, VV, eBay, More):https://linktree.com/treasuretownsources***All materials in these videos are used for educational purposes to inform and build community around coins, and fall within the guidelines of fair use. Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze.. The Buffalo Nickels is the king of kings in natural beauty and is one of the prettiest U.S. coins ever struck. Copper cents weigh 3.11g while steel cents weigh 2.7g. I do have a whole lot more wheat pennies dated back to 1918. 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. I have a 1943 steel wheat penny that Id like to check the value on. It was also susceptible to rust, which leads to issues with the overall condition in the present day. There are probably more in original rolls but getting harder to find. I definitely recommend getting it authenticated! He faces right in the portrait, with the mint mark and mint year placed in front of his chest. Free shipping. If you have one in an MS 68 rating, you can sell it for $3,500. I will get to it I found a 1943 steel s in mint condition, I investigated it well I know what I have but how to handle it ,I am 73 years old living a little over being poor. 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. If you think you might have found an elusive 1944 steel penny, heres what to do. I suggest re-reading this article: all these facts I have stated are direct quotes easily found if you care to read again? View cart for details. From Treasury Department San Francisco . The 1964 D version of the Jefferson Nickel is worth on average $250.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.05. A strange looking coin if I 1964 is a key date as the coins mint mark would move from the reverse to the obverse 1964 D is a key date as the coins mint mark would move from the reverse to the obvers 1938 was the first year the Thomas Jefferson Nickels were produced. It was the first coin manufactured in steel by the United States Mint. Ive done the magnet test and it passed the test. I found an old 1943 s penny in Las Vegas this weekend. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. The 1944 Steel Penny is one of the most expensive coins in existence. The quantities produced for that year of 1943 at the various mints were: Philadelphias production of these 1943 Steel Lincoln Pennys tripled the output of the second-largest production mint, Denver. In low grades, a 1943 or 1944 penny is only worth its face value. During 1943 no Lincoln Steel Penny was minted in Proof quality. As it was produced in error, theres only one mint type for the 1944 Steel Penny. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. Ed. Please Contact me Im trying to Sale. Another important quality is the date - only 1964 pennies can be part of this unique group. We've also rounded upthe most valuable error coins worth hundreds. You've already signed up for some newsletters, but you haven't confirmed your address. These steel versions are the $6k maximum value coins. 3 1878 Silver One Dollar. Wed stick to graded options with clear provenance and be wary, especially if a deal seems too good to be true. Hi Judith. The one-year experiment left a lasting legacy when the Mint inadvertently struck minuscule numbers of 1943 cents in bronze and a slightly greater number of 1944 cents in steel. } During World War II, the war effort required a lot of copper to make shell casings and munitions. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). 75,789, 84,211 { It is possible that this coin may be a wrong planchet/wrong metal error.This would be a coin struck on a planchet intended for another (probably foreign) issue. Please. At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. Very rare I thought.Maybe you might be interested? There is no right or wrong way to collect 1943 Lincoln cents. Its in rough shape but passes the magnet test. ): I just found a 1944d doesnt stick to magnet but weight is 3.00 what do I have? This global conflict saw the United States military's involvement from 1941 through 1945. Alternatively, you could use a magnet to check out the steel content contained within. One of the. The 1943 copper penny is extremely rare and valuable. 1. 1943 S minted uncirculated steel penny can be worth $16k but values are dropping. The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. I found a 1944 and decided to clean it for fun. And a Real brown Copper ? 1943 d steel penny uncirculated | Coins & Paper Money, Coins: US, Small Cents | eBay! Does anyone think the mint will change the composition of the penny again? Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? And. Tons of 1999 Pennies With AM large. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. However, copper and nickel were also integral in making coins. please explain? 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. Top Rated Plus. eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. As for the legends on the coin, In God We Trust is above his head while Liberty sits behind his neck. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. The diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. San Francisco was the mint with the lowest number of units produced of the 1943 Lincoln Steel Penny, over 190,000,000. Learn more. Known errors. A coin in average condition has an estimated value of at least $77,000. Any value? A coin in average condition has an estimated value of at least $77,000. Otherwise, non-error steel cents are not in themselves rare. POP TIL YOU DROP WATER DOWN SAY GOODBYE SO LONG Six discontinued frozen foods from Trader Joe's you'll never see again Memorial Cents arrived on 12th February 1959, marking the 150th anniversary of his birth. Mint: D. Type: Lincoln Penny. In 2014 an AU55 specimen was auctioned for $329,000. If you are lucky enough to find one, their value can range from $1,000 and up. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. PRO-TIP: The 100% best way to check the latest values of the 1944 . 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. ", Whether its an error penny, variety penny, or key date penny, the pennies worth money are often worth big money - and Im here to show you what to look for via a discussion of where the error or variety is on the coin and then close up pictures of it. According to PCGS, a coin classified as MS68 SMS is worth a staggering $27,500. The coin which Mr. Estes client brought in that received an MS61 must not have yet been added to NGCs population report. 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. Die errors include filled dies, die cracks, and die doubling. 1943 saw a switch to a zinc-coated steel composition to help save copper for World War II ammunition, although the coin confused many people, as it was regularly mistaken for a dime. Their steel counterparts are much more common. The 1943 steel cent was produced during the height of World War II. Their rarity is one reason theyre so expensive, but its also down to the coins composition. Important redesigns and alterations were affected by Lincolns birthdays as well. And They weigh 2.7g, and the most valuable one to date was a 1944 S Steel Wheat Penny. Incidentally, we refer to them as pennies instead of cents because thats what 1-cent coins are called in the United Kingdom. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British . Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Very few known specimens remain and its value, independently of the graduation, is of several hundreds of thousands of dollars. The views expressed may come from different individual authors and may not necessarily reflect those of the website or other organization. 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! However, the chances of you possessing an actual 1974 aluminum penny are about one in a billion plus they are illegal to own. I've been collecting and/or studing U.S. coins since 1964 Author has 455 answers and 127.5K answer views 1 y They are silver in color. Which 1943 steel penny is valuable? found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. 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. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. The most valuable steel penny is a 1943-D. Let me explain. Also, click here to Learn About Grading Coins. We do NOT maintain affiliation and sponsorship relationships with companies. 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. Wrong planchet errors are very rare and the odds are against it! Last year I interviewed him for CoinWeek about his interest in coins and his expertise on silver dollars . The tin cents may have been part of the test batches. The Jefferson Nickel has a weight of 5 g. CoinBin.com is a project started in 2013 and originally launched as a coin marketplace. I just submitted to Great Collections a 1943 steel penny. .? My email is [emailprotected] I would appreciate any help. Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (source). Latest Offers, Straight To Your Inbox. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. (30% off), Keep collections to yourself or inspire other shoppers! 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. Coin Opp 1.7M views 5. "acceptedAnswer": { Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. 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. More of these steel coins have popped up in recent years, so more errors may be listed and discovered. This is what makes the coin different to the Lincoln Memorial and Wheat coins, which were both minted in Philadelphia. DDO/DDR. Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. C $1.89. 1944 pennies were made using the leftover steel sheets from 1943. Don't be the last to know about the latest deals and new product arrivals. She believed the coin was real and was frustrated that she could not find anyone who would take her seriously. The coin was designed by Victor David Brenner. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. PCGS The Standard for the Rare Coin Industry. In 1943 steel was used to make pennies, instead of copper, because copper was needed for the U.S. war effort. From the years 1938 to 1964 the mint mark was on the reverse on the far right next to Monticello. 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. PCGS graded 3 unsold 1964 D Pennies in MS 67+ at $4,750. 805 sold. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. Wasnt sure if there is any value., also I do have a 1944 w dime (super shiney compared to other coins) I believe there is an s on the other side to small for me to read, is there any value there? The penny was posthumously introduced to mark what would have been his 100th birthday. CoinBin.com is poised to become a primary digital resource for this decade, and the next. This instantly creates one of the most gorgeous, unique, and handsome rare coin in the galaxy. They include 30 from Philadelphia (no mint mark), 7 from Denver (D Mint Mark), and 2 from San Francisco (S Mint Mark). Thus, alternative metals were considered for minting coins. 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. At the same time, residents were feeling the economic pinch, so they hoarded specie coins (gold and silver), melting them for bullion. what is this mark lewis, I have the same penny that weighs 2.9 g how do I sell that please help me, Hits like 43 penny to a magnet with little rust. Join us today for FREE! Thus, 1944 steel cents are exceptionally scarce and command very high values. Click here to Learn How to use Coin Price Charts. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. We've sent you an email to confirm your subscription. Will you please contact me at the address listed with any information you have available. The weight is listed at 2.9 grams, a touch heavier than some other 1944-D steel cents but within tolerance. A coin in average condition has an estimated value of at least $77,000. (The coin also didnt work well with existing vending machines.). Valuable pennies to look for! The information about the coin owned by Mr. Estes client appears here with the permission of Steve and Debbi Estes. 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. 1962 D US One Cent - $4,000 United States Penny sold at auction DC Coin World 84.9K subscribers Subscribe 557 40K views 3 years ago In this video we look at the 1962 D US One Cent. 3- 50 dollars Gold Elzabeth ll. THANK YOU A E Turgeon. The tails side (reverse) has changed at least four times, but the heads side (obverse) honored Lincoln since 1909. Zinc, silver, tin, and nickel coins barely respond. Indeed I submitted the bid online,and my family and I were high-fiving when we won! A number of smallish oxidation spots are also visible in the vintage photograph; these appear not to have progressed since then. Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. Then they are sold via general-readership newspaper and magazine advertisements. 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. It was minted in the three mints, Philadelphia, Denver and San Francisco.It had its origin in the unused plates of the previous year, 1942 (click here to know about 1942 wheat penny), which were still minted in copper, and in the use of these. But although they're all stamped 1964, close to 2B of these coins were produced in 1965. steel weight 2.7 grams 82s 3.1. 1944 S Steel Penny Value 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. 2015 Australia Hammer Head Shark Silver Round Perth Mint 1/2 OZ .999 Fine. In MS65 they are a little harder to find but probably many still in original and even opened rolls. The coin comes with the text "In God We Trust" alongside the top of the piece, and "Liberty" on the left hand side. 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? $0.99. Theres only one mint type for the 1944 Steel Penny. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. 1 Oz Pure Silver One dollar front of Lady.And 3.) This set is commonly sold in mass-market offerings. "name": " How much is a 1944 steel penny worth? Year: 1964 Mint: D Type: Jefferson Nickel 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 MS67 More about rare coins and coin values from the author: Are Silver & Gold Magnetic? Free shipping. ; 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. Would THIS COIN BE IN THE NEIBORHOOD OF A ZINC PLANCHET LIKE THE ELUSIVE 1943 COPPER PENNY. 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. we have around 6,000 pennies. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. On its back are two wheat leaves, appearing on either side of the central legend which became known as the wheat penny. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece.
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