The 1943 steel penny with no mintmark is usually worth between $3 and $10. Others blasted the coins for their tendency to quickly rust once the outer zinc coating wore off the coin, exposing the steel core. 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. The S-marked penny comes from the San Francisco mint. If you have insider information regarding the penny number count or would like to sell one, please email [email protected]. 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. Don't be the last to know about the latest deals and new product arrivals. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. Very rare I thought.Maybe you might be interested? The steel used on these coins was fairly low grade, infused with carbon, and topped with zinc to add a touch of luxury. (3) $36.98 FREE shipping. There are only 7 known 1944-D steel pennies in existence. As most coins from 60 years ago have dulled over time, a 1964 penny with a shiny finish should draw your curiosity. This steel Walker is one of two known and is graded as MS-64. These coins had some problems though. An Oregon woman contacted Mr. Estes a couple of months ago about a 1944-D steel cent she had inherited. During 1943 no Lincoln Steel Penny was minted in Proof quality. Coin errors can be spotted at the mint, at the bank, or by the public. 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. It may also help to know where these 1944 steel cents came from. Image: USA CoinBook. 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. A 1964d penny can be worth from $2 to nearly $5,000. 1950 Lincoln Penny Value. In 2010 this coin was worth $118k In 2022, only $3k! So the one that is worth so much, does it have to stick to be the real deal? I found a 1944 and decided to clean it for fun. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. 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. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. Between the date and the mint mark (s) is another 4. PCGS The Standard for the Rare Coin Industry. In 2008, this coin was sold for $373,750. In MS65 they are a little harder to find but probably many still in original and even opened rolls. However, the chances of you possessing an actual 1974 aluminum penny are about one in a billion plus they are illegal to own. During World War II, the war effort required a lot of copper to make shell casings and munitions. The 1943 copper penny is extremely rare and valuable. 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 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. We've sent you an email to confirm your subscription. 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. The consequences were that on many occasions, merchants lost 9 cents in change.Another reason for the rejection of the 1943 Lincoln Steel Penny was that the zinc oxidized quickly, leaving the coin dark gray and almost black. First of all, get some scales ready! CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. , { I got two wheat pennies. 1964 Penny Value Coleccionistasdemonedas.com Estimated Value of 1964 Penny is: Source: NGC Want to know if your coin have a valuable patina? Lets dig deeper to mine the precious secrets of 1944 Steel Penny Value. Theyre visually similar but the tin cents are slightly heavier and will not respond to magnets. If you think you might have found an elusive 1944 steel penny, heres what to do. I do have a whole lot more wheat pennies dated back to 1918. 3- 50 dollars Gold Elzabeth ll. Which 1943 steel penny is valuable? Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. and new product arrivals. Anyone know what its Worth ??? This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. Theres only one mint type for the 1944 Steel Penny. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. 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. Most steel pennies are worth between 20 cents and 20 dollars. What is the value?   Japan   |   English (US)   |   (JPY), remembering account, browser, and regional preferences, remembering privacy and security settings, personalized search, content, and recommendations, helping sellers understand their audience, showing relevant, targeted ads on and off Etsy. As always, do your research and find a dealer who knows the type of coin you think you have, and look for someone like Mr. Estes who has a reputation for honesty and integrity. note: This article is periodically updated to reflect the current value of 1943 steel cents. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. CANADA 2021 50 CENT BRILLIANT UNCIRCULATED HALF DOLLAR COIN. The Lincoln Steel Penny was not well accepted by the American population who had to use it in everyday life. The 1943 steel cent was produced during the height of World War II. So the mint switched to steel coins for a year. Slot machines often had magnets to catch fake coins, and these magnets would grab the steel pennies and jam the coin slot. Most 1944 Wheat Pennies are bronze (95% copper), but counterfeits might be coated with nickel or zinc to mimic steel. But for the record, steel cents or zinc-coated pennies are not mint errors. Copper cents weigh 3.11g while steel cents weigh 2.7g. Hi I have a 1944 Steele penny how can I sell it, I have several wheat pennies. You can easily see the doubling if you look at the top of it, above Lincoln's head, where it reads, "In God We Trust." These pennies are scarce, but there are more out there somewhere. 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!. $4,025 Next, use a magnet. The circulated one cent coin is a so-called D penny from 1969, featuring 16th PresidentAbraham Lincoln. And a Real brown Copper ? I think they are steel how do i know what they are worth? The coin was slightly underweight at 2.6g instead of 2.7g. 1943 Lincoln Wheat cent, steel composition. 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. 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. Learn more. Assay Office. C $1.89. A03180. In the year 1944 something very similar happened but in reverse. In MS65 they are a little harder to find but probably many still in original and even opened rolls. And This may not sound like a lot, but it's still 119,900% its original value. Thus, 1944 steel cents are exceptionally scarce and command very high values. I have a 1943 steel penny want to get it appraised. Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (source). 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. 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. According to a February 12, 1966 newspaper article in the San Mateo Times, in 1966 Robert Collins, a then-23 year old man from California discovered what at the time was the second-known 1944-D steel cent. "@context": "https://schema.org", The 1943 Lincoln Steel Penny was cast at three mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S). We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. He faces right in the portrait, with the mint mark and mint year placed in front of his chest. 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. From the years 1938 to 1964 the mint mark was on the reverse on the far right next to Monticello. So when steel pennies popped up marked 1944, they attracted interest among collectors, resellers, and speculators. These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. The 2 I have no mint brown in color and weighs 2.7 grams. Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. Also, click here to Learn About Grading Coins. And "@type": "Question", 1964 D Penny Value A total of 3,799,071,500 pennies carry the 1964 minting date. 1978. This indicated the coin was made of steel rather than copper like most 1944-D cents. A dealer does not stay in business for almost 50 years unless he or she treats their customers well. The obverse (heads side) of the 1944 Steel Penny has a portrait of Abraham Lincoln, the 16th President of the United States. Incidentally, we refer to them as pennies instead of cents because thats what 1-cent coins are called in the United Kingdom. Steve Estes (http://www.steveestes.com) is a Portland, Oregon dealer who has in been in business since 1963, and who specializes in classic American coins, especially Morgan and Peace dollars. 1- 1943 penny and 1-1943-s penny. Key and Semi-Key Dates to remember. More of these steel coins have popped up in recent years, so more errors may be listed and discovered. Letter of Authintic American Mint . Some say the planchets got stuck in the machines in 1943 and accidentally dropped into bronze batches from 1944. There are so many errors it's Jefferson Nickel struck on a Copper Penny planchet error. In MS 63, the highest recorded selling price was over $1.1M. "@type": "Answer", Free shipping on many items | Browse your favorite brands | affordable prices. didnt like to cary change in his pocket. found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. Click here to Learn How to use Coin Price Charts. Also standard to these coins, the 1964 penny has a diameter of 19mm and a mass of 3.11 grams. Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze..
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