More than two billion of these bad boys were made, but the exact amount is unknown. Click to see auction record. If relevant buyers thought a steel Walker was a coin, it would be worth more than a million dollars. "acceptedAnswer": { Out of 4,000 known coins with this double D variant, only 200 units have an MS65 or higher graduation, and therefore are much more valuable and coveted by collectors. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. I found a 1944 and decided to clean it for fun. The 1943 copper penny is extremely rare and valuable. Since the coins were coated before minting, their edges quickly rusted in peoples hands. Not sure what they r worth. Alternatively, you could use a magnet to check out the steel content contained within. 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. This penny has visible doubling on the front of the coin. 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. According to Heritage Auctions, It was his habit to swap a regular cent for a steel cent whenever he found one in change. Beautiful Coin! So those 40 or so steel pennies from 1944 ended up being quite pricy. Sweaty fingers also caused the coins edges to rust, and some people tried to pass off steel pennies as dimes. Only a handful of 1944 steel pennies were minted, which explains their pricing. One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. Have a rare coin but are unable to ID it? There are few vintage coins as widely collected as the 1943 steel Lincoln penny. The circulated one cent coin is a so-called D penny from 1969, featuring 16th PresidentAbraham Lincoln. Lots of coin dealers list steel coins themselves as errors, but that was fully mint-sanctioned. ): However, by altering its composition, its weight was also reduced 13%, from 3.11 grams to 2.7 grams. These coins do have browning. Their rarity is one reason theyre so expensive, but its also down to the coins composition. GeeChocVarietyShop. Wartime Nickels mint mark is on the reverse top center, only wartime nickels have an actual P mark. Start by weighing the coin. Welcome to the neighborhood! Most 1944 Wheat Pennies are bronze (95% copper), but counterfeits might be coated with nickel or zinc to mimic steel. Mr. Golino, 1943 P D S Wheat Lincoln 3 Penny Set beautiful set see pics. Take full advantage of our site features by enabling JavaScript. "@type": "Answer", 1964 Penny Series 1) 1964 Penny With No Mint Mark Type: Lincoln Penny Year: 1964 Face Value: $0.01 Composition: 95% copper, 5% zinc Total Weight: 3.11 grams (or over) Diameter: 0.750 in. What do the Wall Street wolves say? It would help if you considered picking up these coins at a crack in quantities of 50 or more. 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. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. I tried the magnet but it does not stick and the weight it slightly different then a all copper penny, any suggestions? You need to post photos, and it would be best to start your own thread. There are probably very few if any at all in opened rolls as these are usually pulled out and sold as singles or are sent in to be graded. Numismatic collector with a passion for history, particularly Spanish history. 1943-D type Lincoln Bronze Penny - $1.7 million. In 1944, the Philadelphia Mint only made 30 steel pennies. Some 1943 coins were labeled as tin cents, but the 1944 coins were steel cents, minted from low-grade carbon steel coated with zinc. 1943 Lincoln Steel Cent Penny Set PDS Mint WW2 Warhawk Fighter Plane World War. POP TIL YOU DROP WATER DOWN SAY GOODBYE SO LONG Six discontinued frozen foods from Trader Joe's you'll never see again "name": " Why is the 1944 steel penny so valuable? Hello, I have Jaime Hernandez: The 1964-D is common in circulated grades up to MS64. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. Best of luck finding one of these awesome 1964 pennies. So many 1964 Kennedy half dollars were made and saved the value is just for the silver, about $5.00 What is the value of a 1964 US cent with out a. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. Does anyone think the mint will change the composition of the penny again? About 10 examples of this coin are believed to exist. Something went wrong. Visit eBays rare coins and search 1994 Steel Penny. Ive done the magnet test and it passed the test. 1943 Steel/Zinc composition in uncirculated condition, no mint mark is a Philadelphia coin: un minted, this is rare. How do I know if my 1943 steel penny is worth money? In EF 40, thats about $30,000, but in MS 60, the price jumps closer to $60,000. Known errors. I found a 1964 Silver in Color Lincoln Penny with all my 1943 Steels , Come to find out its a Rare 1964 D, On a Dime Clad Planchet . 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. He brought the coin to two dealers, who found no reason to doubt it, and from there it went to Walter Breen, the most prominent authenticator of the time, who pronounced it genuine.. (The coin also didnt work well with existing vending machines.). didnt like to cary change in his pocket. Between the date and the mint mark (s) is another 4. PCGS.com is also a solid rare coin sales destination online. "@context": "https://schema.org", Last year I interviewed him for CoinWeek about his interest in coins and his expertise on silver dollars . (3) $36.98 FREE shipping. Hi Kelli. If so please share it with your friends and help us grow. Graduations higher than MS67 are rarer and more highly rated. 1943-S JEFFERSON SILVER WAR NICKEL IN GEM BU CONDITION-WOW!! AND 1893 1 OZ GOLD TWENTY. As mentioned above, 1943 copper pennies are rare and valuable. These coins had some problems though. A 1964d penny can be worth from $2 to nearly $5,000. 1978. Listen to this post about the 1943 steel penny or keep reading below: The steel penny may seem like a random anomaly to some. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. 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. Their rarity is one reason they're so expensive, but it's also down to the coin's composition. Required fields are marked *. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 1944 Steel Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1972 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1943 Copper Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1973 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark), 2009 Penny Log Cabin Value (Rare Errors, D and No Mint Mark), 1971 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1981 Penny Value Guides (Rare Errors, S, D & No Mint Mark), 1988 Penny Value Guides (Rare Errors, D, S & No Mint Mark), 1980 Half Dollar Value (Rare Errors, D, S & P Mint Marks), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks). A great coin with a great story behind it and the documentation to prove it.. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). Key and Semi-Key Dates to remember. Its dimensions devices and edges are similar to its siblings from other years. During 1943 no Lincoln Steel Penny was minted in Proof quality. 1. This steel Walker is one of two known and is graded as MS-64. The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy. Theyre official coins made with permission from Congress and were all coined in 1943 and 1944. 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 . Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. 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 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. 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. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. Year: 1959. Underneith the 943 there are the number 4. As is the Denver minted coin with a error of 2 Ds for the mint mark . .? 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. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. Multiple (8) PCGS MS67RDs. 4- Silver bullion Round 2015. We do NOT maintain affiliation and sponsorship relationships with companies. 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. And. PCGS has more than 48,000 copies registered in MS60 or higher grades and halves to 24,000 copies registered in MS65 or higher grades.However, most of those registered units of 1943 D-steel pennies are in MS65 to MS67 grades. Conversely, all 1944 pennies should have copper. The Buffalo Nickels is the king of kings in natural beauty and is one of the prettiest U.S. coins ever struck. In other words, you're not guaranteed to get thousands if you have a similar one. The coin comes with the text "In God We Trust" alongside the top of the piece, and "Liberty" on the left hand side. 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. With limited copies and the majority being worth tens of. Of the 217,660,000 1943 Lincoln Steel Pennies minted in Denver, only a few, out of 4,000, are double-minted with the initial/mint mark (D).This double minting is very easy to discover since the second D is more displaced from the first. These listings cover the verified coins submitted to NGC or PCGS for grading. 2021. A coin in average condition has an estimated value of at least $77,000. Yes! 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. Here's How to Test Your Silver & Gold, Buffalo Nickel (19131938): Values & History, Mercury Dime (19161945): Values & History, Washington Quarters: Key Dates & Varieties. 1) 1943 copper composition ( not magnetic, red copper colour) $300,000 While 1943 copper cents weigh about 3.11 grams and don't stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. There are probably more in original rolls but getting harder to find. 1964-P Proof Lincoln Penny. These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America - $499.99. 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. "name": " How much is a 1944 steel penny worth? An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. 1943 Bronze composition (looks brown or red but magnetic) $? This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. { The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors. Image: USA CoinBook. This is what makes the coin different to the Lincoln Memorial and Wheat coins, which were both minted in Philadelphia. The penny was posthumously introduced to mark what would have been his 100th birthday. However, there are still millions of collectible 1943 pennies out there. It may also help to know where these 1944 steel cents came from. 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 obverse (heads side) of the 1944 Steel Penny has a portrait of Abraham Lincoln, the 16th President of the United States. If you are fortunate enough to live near an expert dealer, try to get to know them and you will learn a lot of useful information that will help you get more out of the hobby of kings, or as others put it, the worlds greatest hobby. The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. You can also tell its a fake by simply looking at it. Creative Commons 3.0 no derivative works license, Most valuable rare Australian coins list and Value, Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS, In April 2021 a 1943 Bronze Penny MS62 Brown PCGS CAC achieved. Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. 1943 P D S Wheat head Lincoln 3 Penny Set. Original Price 84,211 Thus, 1944 steel cents are exceptionally scarce and command very high values. Diameter: 19.00 millimeters Weight: 2.70 grams Mintage: N/A Mint: Philadelphia Metal: Zinc-coated Steel Auction Record: $180,000 MS64 06-20-2021 Heritage Auctions Condition Census Narrative Watch Video Send Us Feedback Show Related Coins and Varieties (4) Condition Census What Is This? Most probably created by accident, this off-metal error coin relates to WWII. If you think you might have found an elusive 1944 steel penny, heres what to do. NGCs web site says it has graded one MS62, and one MS63.

Steph Curry Vaccinated, Articles OTHER