Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel was briefly used for coins. It does not stick to a magnet. Memorial Cents arrived on 12th February 1959, marking the 150th anniversary of his birth. 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. Its official mix of metals is 99% low-grade carbon steel with 1% zinc coating to protect the coin against rust. To learn more about each error simply click on the read more link. However, certain factors like coin condition and rarity can further increase its value. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. Also, click here to Learn About Grading Coins. The views expressed may come from different individual authors and may not necessarily reflect those of the website or other organization. Start by weighing the coin. 1943 Jefferson Nickel struck on a steel cent planchet. First, there are great, rare coins that have yet to enter the market. Set where you live, what language you speak, and the currency you use. If you believe that you have a rare coin then you may be able to make a real mint. Required fields are marked *. Now is a superb opportunity to diversify your stock/ETF portfolio and aim for attractive returns with rare coins and precious metals. A 1943 steel wheat penny that is attracted to a magnet, in used condition is worth maximum 20c. Their rarity is one reason theyre so expensive, but its also down to the coins composition. Its dimensions devices and edges are similar to its siblings from other years. 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. Apart from its distinct metal composition (including semi-metals like antimony), the 1944 steel penny is a wheat penny. From the years 1938 to 1964 the mint mark was on the reverse on the far right next to Monticello. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. Assay Office. 1955 D/D in Date Other Areas. The 3rd U.S. President Thomas Jefferson is proudly displayed on the United States Nickel (5 cent piece). note: This article is periodically updated to reflect the current value of 1943 steel cents. if anyone can help me, please send me an e mail thanks,the penny does stick to a magnet, k.c. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. , its a great choice if youre looking for a solid investment piece that will likely retain value in the long term. Known errors. The Buffalo Nickels is the king of kings in natural beauty and is one of the prettiest U.S. coins ever struck. Either way, time to spot some errors! It was. Coleccionistasdemonedas.com is an independent website. Thanks for your time and consideration. Underneith the 943 there are the number 4. This was accomplished by using copper shell casings gathered from military training facilities. Step 3: Special Qualities - Certain elements either enhance or detract from value. It was the first coin manufactured in steel by the United States Mint. It seems to be steel under and looks nice. Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. The Official Red book: A Guide Book of United States Coins. There are so many errors it's Jefferson Nickel struck on a Copper Penny planchet error. How much is a 1943-d steel penny worth in 2023? As most coins from 60 years ago have dulled over time, a 1964 penny with a shiny finish should draw your curiosity. Captcha failed to load. 3- 50 dollars Gold Elzabeth ll. Does anyone think the mint will change the composition of the penny again? } Thus there are only two copies in MS68+, 154 copies in MS68 and 110 copies in MS67+. You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book. Hello new to site, I have 2 1943 pennies one stamped with s another just 1943, was wondering if there is any worth? 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. In 1944, only 7 steel pennies are known to exist with the D mint mark. Just keep reading! The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. An Oregon woman contacted Mr. Estes a couple of months ago about a 1944-D steel cent she had inherited. 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. cpm9ball, Apr 30, 2021 In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. 1994 Steel Penny Investment Rating: 94 out of 100. $13.00. 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! Don't be the last to know about the latest deals
CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. This paved the way for an emergency composition for the one-cent coin as well. 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. Believe it or not I was going through a lot of 350 wheat pennies. Theyre visually similar but the tin cents are slightly heavier and will not respond to magnets. Last year the price for this same quality was no more than $2,000, it was $1,586.This value is normal if we take into account that PCGS only has 1 coin in superior quality, MS67+, and two copies in MS67.In MS66 graduation the variant has reached $780 during 2020. Back to home page Return to top. Check to see if it falls into one of the categories on this list. 3.) (30% off), Sale Price 75,789 Indeed I submitted the bid online,and my family and I were high-fiving when we won! Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? If you do have one, it would be worth tens of thousands of dollars. 21 sold. Transitional errors can happen when a coin's composition changes, but the old dies are used. PCGS The Standard for the Rare Coin Industry. This is what makes the coin different to the Lincoln Memorial and Wheat coins, which were both minted in Philadelphia. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. 1964 D Rare Penny AU Very good condition. 4- Silver bullion Round 2015. $6.99. This may come as something of a surprise to the many who believe these coins are quite valuable. I have two lincoln pennies 1944 tryed magnet test did not stick one has copper look the another newer look can tell me more about these pennies. Sell now The coin comes with the text "In God We Trust" alongside the top of the piece, and "Liberty" on the left hand side. So when steel pennies popped up marked 1944, they attracted interest among collectors, resellers, and speculators. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. "@type": "Question", Next, use a magnet. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). I have two 1944 penny's one with D mint one with no mint. Beautiful Coin! 1943-S JEFFERSON SILVER WAR NICKEL IN GEM BU CONDITION-WOW!! Even though the United States Mint switched pennies from a steel composition to copper in 1944, some steel planchets were left behind in the presses, presumably by accident. At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. 1978. , { Interestingly, some 1943 steel cents were actually tin cents and had no iron in them. One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. I have a 1942 Wheat Penny. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. The 1943 copper penny is extremely rare and valuable. Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. Keep a coin scale handy to conveniently distinguish those 1943 tin pennies from their 1944 steel cousins. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. More than two billion of these bad boys were made, but the exact amount is unknown. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. During the war years (1944 to 1945), copper, tin, and nickel were required for weapons and military equipment. 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. (30% off), Keep collections to yourself or inspire other shoppers! (Right now, the government loses money on every penny it issues. 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. Word eventually gets around if a dealer sells overgraded coins, or takes advantage of less knowledgeable sellers. The valuable 1943 wheat pennies are: 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. Don't be the last to know about the latest deals and new product arrivals. This penny has visible doubling on the front of the coin. 1943 Lincoln Steel Cent Penny Set PDS Mint WW2 Warhawk Fighter Plane World War. The prices reached by the highest graduations these last two years have been: The record price for a copy of this variant was reached in 2011 for an MS67 quality, $21,275. View cart for details. According to PCGS, a coin classified as MS68 SMS is worth a staggering $27,500. The S-marked penny comes from the San Francisco mint. It sounds like a case of po-tay-toh po-tah-tow, but there you go! "name": " How much is a 1944 steel penny worth? please explain? The coin was sold for $58,201.50 on January 4 to an online bidder. Last month,a rare 25 cent error coin sold for $599- and you could find a similar one in your spare change too. 1944 S Steel Penny Value 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. Top Rated seller. , we will provide the optimal coin grades when recommending an asset (i.e., MS61, MS64). My email is [emailprotected] I would appreciate any help. Hello, I have 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. CoinBin.com is poised to become a primary digital resource for this decade, and the next. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? The circulated one cent coin is a so-called D penny from 1969, featuring 16th PresidentAbraham Lincoln. 93 sold. One of the. If you have insider information regarding the penny number count or would like to sell one, please email sales@coinvalueinvestor.com. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. Later, from 1959 to 2008, the back of the Lincoln penny was modified with the well-known Frank Gasparros design, in which the two wheat leaves on the back for which Lincolns pennies were known were removed. 1943 Bronze composition (looks brown or red but magnetic) $? 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? Buy at the bottom, sell at the top. 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. He has also worked for the U.S. Library of Congress and has been a syndicated columnist and news analyst on international affairs for a wide variety of newspapers and web sites. It will give you an idea of the amount of money that the coin is going for. Important redesigns and alterations were affected by Lincolns birthdays as well. 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. In its terms and conditions, eBay states that bidders enter a legally binding contract to purchase an item, but theres no way to enforce this rule. A number of smallish oxidation spots are also visible in the vintage photograph; these appear not to have progressed since then. Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. Each of the two 1944 pennies could be worth around $5 or more, depending on their condition. In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66. and new product arrivals. During 1943 no Lincoln Steel Penny was minted in Proof quality. An error penny is any one-cent coin that was misstruck during production at the U.S. Mint. coinage., a coin which Heritage describes as having rarity and appeal that remain timeless. Tried picking up with magnet and it didn't stick . However, finding a Lincoln Steel Penny 1943 in grade MS68 or higher is a more difficult task if it comes from Philadelphia rather than either of the other two mints, so its value is higher in high quality. (The coin also didnt work well with existing vending machines.). However, the chances of you possessing an actual 1974 aluminum penny are about one in a billion plus they are illegal to own. . This global conflict saw the United States military's involvement from 1941 through 1945. As mentioned above, 1943 copper pennies are rare and valuable. Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. 3 1878 Silver One Dollar. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. } He was born on 12th February 1809 and assassinated on 15th April 1865. However, copper and nickel were also integral in making coins. 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. 1943 P D S Wheat head Lincoln 3 Penny Set. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Typical examples in uncirculated condition usually realize $1 to $5. It is relatively easy to know if your coin has a high value. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.33 in Average Condition and can be Worth $3.30 to $11 or more in Uncirculated (MS+) Mint Condition. With limited copies and the majority being worth tens of. The coin was designed by Victor David Brenner. The coin was slightly underweight at 2.6g instead of 2.7g. I suggest re-reading this article: all these facts I have stated are direct quotes easily found if you care to read again? Check out the price chart for the top coins in this series. Keep an eye out for fakes and forgeries, such as zinc-coated copper pennies, regularly mis-sold as the real deal.
