So those 40 or so steel pennies from 1944 ended up being quite pricy. Etsy is powered by 100% renewable electricity. His column for CoinWeek, The Coin Analyst, covers U.S. and world coins and precious metals. C $1.89. Try using a different browser or disabling ad blockers. A Jefferson Nickel accidentall 1964 D was a rough year for the production of nickels. (30% off), Sale Price 75,789 I have So Much to List. Very few known specimens remain and its value, independently of the graduation, is of several hundreds of thousands of dollars. During the war years (1944 to 1945), copper, tin, and nickel were required for weapons and military equipment. Yet the coin has a vital connection to an international historical event. One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. You can also tell its a fake by simply looking at it. These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. As for the legends on the coin, In God We Trust is above his head while Liberty sits behind his neck. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. Slot machines often had magnets to catch fake coins, and these magnets would grab the steel pennies and jam the coin slot. In this article you will learn in a simple but profound way what a 1943 Steel Penny is, list of rarities that make them highly valuable for collectors and most important which are the most expensive. Letter of Authintic American Mint . Some steel dies from the previous years Lincoln Steel Penny were used to manufacture 1944 copies in steel. To learn more about each error simply click on the read more link. Ok, didnt see this one about 15 cents well circulated, its in Whitmans Red Book. Thus, 1944 steel cents are exceptionally scarce and command very high values. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. Refresh your browser window to try again. 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. But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! In 1944, the Philadelphia Mint only made 30 steel pennies. First, there are great, rare coins that have yet to enter the market. 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. PCGS puts the number at seven and has only certified one example, an MS 62. 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! Its in rough shape but passes the magnet test. The 1959 D version of the Lincoln Penny is worth on average $65.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.01 . 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. But the initials VDB only appear on the obverse, at the cut-off of Lincolns shoulder. Mint: D. Type: Lincoln Penny. POP TIL YOU DROP WATER DOWN SAY GOODBYE SO LONG Six discontinued frozen foods from Trader Joe's you'll never see again Your email address will not be published. "@type": "Question", 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!. Have a rare coin but are unable to ID it? 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. Above the bust, you can read the legend In God We Trust, behind him (i.e. } It was. 1943 Lincoln Steel Cent Penny Set PDS Mint WW2 Warhawk Fighter Plane World War. He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. MS67 PRO-TIP: The 100% best way to check the latest values of the 1944 . This is somewhat different than the typical 95% copper, 5% tin and zinc composition generally used at the time for producing Wheat pennies. It was the first coin manufactured in steel by the United States Mint. "acceptedAnswer": { 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. The 1944 Steel Penny is one of the most expensive coins in existence. This includes the wheat sheaves on the Wheat Penny (1909 to 1958), the Lincoln Memorial on the Memorial Penny (1959 to 2008), the four designs on the bicentennial penny (2009), and the Union Shield Penny we still use today (2010 to date). 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. 4- 1893. Between the date and the mint mark (s) is another 4. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Rob Paulsen Coin 1944 Steel Penny Value Guides (Rare Errors, D, S and No Mint Mark). 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. Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze.. What is the value of a 1964 US 50 cent coin? 1964 D Rare Penny AU Very good condition. Ive done the Magnetic Test Plus Letter With Authinticy From SHARK & MORGAN AMERICAN MINT PLUS 1978. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. (see Pics). In the center, and in descending order appears the inscription E-Pluribu-Unum, ONE CENT and below UNITED STATES OF AMERICA. Transitional errors can happen when a coin's composition changes, but the old dies are used. Copyright 1995-2023 eBay Inc. All Rights Reserved. Please. 03-22-2012 Stack's Bowers. I definitely recommend getting it authenticated! It is relatively easy to know if your coin has a high value. Copper was traditionally used and was required for several military-related purposes as the U.S. battled Axis powers in multiple theatres. (30% off), Keep collections to yourself or inspire other shoppers! A coin in average condition has an estimated value of at least $77,000. And. The mintage year appears above the mint mark. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. 1943 D American Steel Lincoln Wheat Cent Uncirculated Denver Mint Penny. Our posts do NOT contain affiliate links. + C $1.25 shipping. 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. Without further ado, lets dissect the 1944 Steel Penny, including typical values, the history of the coin, and exactly why its worth so much in the first place. The coin was designed by Victor David Brenner. Visit eBays rare coins and search 1994 Steel Penny. Alternatively, you could use a magnet to check out the steel content contained within. I have a 1944 D penny which appears to be steel plus something else but does not stick to a magnet. Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. 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. To avoid this, many coins dated 1944 to 1946 were infused with copper from recycled brass shells. Valuable pennies to look for! "acceptedAnswer": { The Jefferson Nickel has a weight of 5 g. CoinBin.com is a project started in 2013 and originally launched as a coin marketplace. In 1944, only 7 steel pennies are known to exist with the D mint mark. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Steel pennies have iron in them. 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. , { ala. got a 1944 penny and need to know how to find out if it is real or what, and dose not stick to magnet weighs around 3.0 grams what should i do, My Daughter Discovered A 1944 Steel Penny With No Stamp Letter On It. Free shipping. If you do have one, it would be worth tens of thousands of dollars. When she spoke to Mr. Estes, he asked if a magnet attracted the coin, and she said it did. 1964-d Penny 2errors Known As Close Stamped L In Liberty Close To Coins Boarder. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. 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. 1943 Jefferson Nickel struck on a steel cent planchet. A number of smallish oxidation spots are also visible in the vintage photograph; these appear not to have progressed since then. 3.) For its part, San Francisco Mint produced the lowest number of units during the year of 1943. The S-marked penny comes from the San Francisco mint. Thats 0.0005 inches. 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. 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. As is the Denver minted coin with a error of 2 Ds for the mint mark . Would THIS COIN BE IN THE NEIBORHOOD OF A ZINC PLANCHET LIKE THE ELUSIVE 1943 COPPER PENNY. }, 1909 S VDB Penny (Shop eBay) Lincoln Penny Errors (Shop eBay) Walking Liberty Half Dollar (Shop eBay). The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. In other words, you're not guaranteed to get thousands if you have a similar one. Known errors. The Official Red book: A Guide Book of United States Coins. In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66. I just submitted to Great Collections a 1943 steel penny. Yes! My email is [emailprotected] I would appreciate any help. Louis Golino is a coin collector and numismatic writer, whose articles on coins have appeared in Coin World, Numismatic News, and a number of different coin web sites. There are instances of MS-65 Full 5 Step versions of the 1964 D Nickel selling for more than $500 at auction. Due to the above reasons, they switched to the Wheat Penny composition of 95 percent copper and 5 percent zinc. In the year 1944 something very similar happened but in reverse. Given their novelty, they also make great gifts. Lets look at these silver-colored coins and find out what theyre worth today. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime.