He was born on 12th February 1809 and assassinated on 15th April 1865. How much is a 1964 penny worth? For most years, the 1c coin was 95% copper with the remaining 5% being a mix of tin and zinc. The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. Either way, time to spot some errors! The coin was sold for $58,201.50 on January 4 to an online bidder. The coin was slightly underweight at 2.6g instead of 2.7g. CoinBin.com is poised to become a primary digital resource for this decade, and the next. JBCOINSINC 200K views 3 years ago 5 modern Lincoln cents worth over $1,000 that can be found in pocket change! Thanks for your time and consideration. It does stick to a magnet. Original Price 37,143 This applies within and even beyond the numismatic realm. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. An error penny is any one-cent coin that was misstruck during production at the U.S. Mint. The coin comes with the text "In God We Trust" alongside the top of the piece, and "Liberty" on the left hand side. "@type": "Answer", 1943 P D S Wheat Lincoln 3 Penny Set beautiful set see pics. What is the most expensive penny? I suggest re-reading this article: all these facts I have stated are direct quotes easily found if you care to read again? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. It was my first major coin purchase. I weighed it and it weighs 2.9 grams. Graduations higher than MS67 are rarer and more highly rated. A great coin with a great story behind it and the documentation to prove it.. I have a true 1943 penny that doesnt stick to a magnet and steeel pennies that are steel and do stick to a magnet and I have different variations of 1943 pennies that are like experimental 1943 pennies that look brown and steel my email is [emailprotected] please email Ill send pictures and well talk on phone free after. Top Rated Plus. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. They differ in Suffix, Minor Variety, and Die Variety only. Not sure if its worth something. So if you want to be sure your 1944 wheat penny is steel, test it with a magnet. The 1943 steel cent was produced during the height of World War II. Top Rated seller. The 1944 Lincoln Cent is a wheat penny, so the reverse (tails side) has two ears of durum wheat with One Cent and United States of America between them. However, the government decided to drop steel cents by the end of 1943. If you do NOT already have 1944 in your coin investment portfolio, make a chance now! 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. 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. It is relatively easy to know if your coin has a high value. However, there are still millions of collectible 1943 pennies out there. 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. Pedigree and History. 4- Silver bullion Round 2015. Coleccionistasdemonedas.com Estimated Value of 1943 Steel Penny today is: In average grades can be found between $0.09 and $0.14. In high grades (MS67, MS68), Proofs, Uncirculated (MS+) or Mint Condition can be Worth until $21,275. In 2010 this coin was worth $118k In 2022, only $3k! 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 . The steel cents were often confused with the dime, causing some folks to lose 9 cents (or more) in a cash transaction. Conversely, all 1944 pennies should have copper. 4.) It was graded as an MS 66 by NGC (Numismatic Guaranty Corporation) and weighed 2.6g instead of the standard 2.7g. In MS65 they are a little harder to find but probably many still in original and even opened rolls. Ron Guth: It was the first coin manufactured in steel by the United States Mint. Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. The 9 was bigger than the other numbers on that issue. The most valuable steel penny is a 1943-D. Let me explain. Slot machines often had magnets to catch fake coins, and these magnets would grab the steel pennies and jam the coin slot. 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. Required fields are marked *. The 1944 Steel Penny is one of the most expensive coins in existence. 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. Its dimensions devices and edges are similar to its siblings from other years. 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. Ok, didnt see this one about 15 cents well circulated, its in Whitmans Red Book. Do you have a 1944 Steel Penny or any rare coin but dont know the value? Only the 1943 pennies were planned in steel. These coins had some problems though. First, there are great, rare coins that have yet to enter the market. Here's How to Test Your Silver & Gold, Buffalo Nickel (19131938): Values & History, Mercury Dime (19161945): Values & History, Washington Quarters: Key Dates & Varieties. A 1964 D in MS 67 RD sold for $456. , its a great choice if youre looking for a solid investment piece that will likely retain value in the long term. How much is a 1943-d steel penny worth in 2023? Read the article about left over material etc. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. DDO/DDR. Theyre visually similar but the tin cents are slightly heavier and will not respond to magnets. I found a 1944 and decided to clean it for fun. These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. But for the record, steel cents or zinc-coated pennies are not mint errors. Any value? I have a 1943 steel wheat penny that Id like to check the value on. He faces right in the portrait, with the mint mark and mint year placed in front of his chest. Set where you live, what language you speak, and the currency you use. My email is [emailprotected] I would appreciate any help. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. And And Tons of Silver and Gold Coins from all Over the World. The condition, patina, and grade of a coin make it a sought-after commodity by coin collectors. 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 coins are k Full Steps Nickels are of key importance. Lets dig deeper to mine the precious secrets of 1944 Steel Penny Value. 1943 d steel penny uncirculated | Coins & Paper Money, Coins: US, Small Cents | eBay! Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. More than two billion of these bad boys were made, but the exact amount is unknown. } I just found a 1944d doesnt stick to magnet but weight is 3.00 what do I have? Theres only one mint type for the 1944 Steel Penny. 1821 to 1946 According to USA Coin Book, about 40 steel pennies were minted in 1944. Click here to Learn How to use Coin Price Charts. Refresh your browser window to try again. And You need to post photos, and it would be best to start your own thread. Most steel pennies are worth between 20 cents and 20 dollars. found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. Click to see auction record. 3 1943 S Steel Pennies from SHARK AUCTION. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). 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. They may be copied and reproduced without restriction as long as, 1943 Steel Penny Values Chart 2023 (Up to $348,000). Zinc-coated steel is an unstable alloy, and many of the coins suffer from some form of damage or rusting. During World War II, the war effort required a lot of copper to make shell casings and munitions. According to Park Avenue Numismatics online Encyclopedia of U.S. coins , this effort resulted in the use of low-carbon steel coated with zinc, which quickly corroded; cents of this stuff were coined in 1943, and in 1944 some more accidentally coined on leftover steel banks, even as some 1943 cents had been coined on leftover 1942 bronze blanks. In the year 1944 something very similar happened but in reverse. I have a 1944 penny which appears to be copper. , we will provide the optimal coin grades when recommending an asset (i.e., MS61, MS64). 75,789, 84,211 This may come as something of a surprise to the many who believe these coins are quite valuable. 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 . } CANADA 2021 50 CENT BRILLIANT UNCIRCULATED HALF DOLLAR COIN. From 1909 to 1958 the U.S. penny was made of 95% copper and showed the bust of President Abraham Lincoln facing right to commemorate 100 years of his birth. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. Take full advantage of our site features by enabling JavaScript. Plus, people often mixed them up with dimes (10c). (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. 93 sold. It was sold at the Heritage Platinum event held at the recent FUN show in Florida. Rob Paulsen Coin 1944 Steel Penny Value Guides (Rare Errors, D, S and No Mint Mark). Letter of Authintic American Mint . - eBay Money Back Guarantee - opens in a new window or tab, - for PayPal Credit, opens in a new window or tab, Report this item - opens in new window or tab, Great seller never had a promblem getting my order thank u, 1955 D Lincoln Wheat Cent/ Penny (#255987058480), 1912-P LINCOLN WHEAT CENT / PENNY (#255984321193), 1943 D Lincoln Wheat Cent/ Penny ** ww2 steel war Cent * (#255985247490). Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. The coin was designed by Victor David Brenner. This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. A coin in average condition has an estimated value of at least $77,000. Due to the vast sums they sell for, theres a not-insignificant black market, with several fakes and forgeries being sold at any time. The coin which Mr. Estes client brought in that received an MS61 must not have yet been added to NGCs population report. . Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? BONUS: To assist our loyal readers in obtainingmaximum return on investment(ROI) wheninvesting in rare coins, we will provide the optimal coin grades when recommending an asset (i.e., MS61, MS64). Free shipping. 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 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. 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. 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. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Please include 2 photos when making a value request. ", Coin Opp 1.7M views 5. , { The obverse (heads side) of the 1944 Steel Penny has a portrait of Abraham Lincoln, the 16th President of the United States. The Jefferson Nickel has a weight of 5 g. CoinBin.com is a project started in 2013 and originally launched as a coin marketplace. She explained that she had shown the coin to another local dealer who said the coin was probably not real and who offered to buy it for a token amount as a curiosity. I have recently found another 1944 steel wheat penny. Sale Price 26,000 Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. Believe it or not I was going through a lot of 350 wheat pennies. Theres only one mint type for the 1944 Steel Penny. So when steel pennies popped up marked 1944, they attracted interest among collectors, resellers, and speculators. This is somewhat different than the typical 95% copper, 5% tin and zinc composition generally used at the time for producing Wheat pennies.