1944 Steel cent is oftencounterfeit using a 1943 steel cent removing the last digit and making it a 4 .. the 4 on your coin does look a little funky Im guessing you found acounterfeit 1944 sure the weight is same cause they used a 1943 steel cent, Weight and magnetism are not guarantees of authenticity, I can't see enough to offer an opinion, but you should be aware that Chinese copies are available., https://m.aliexpress.com/wholesale/1944+steel+penny.html?channel=direct&keywords=1944+steel+penny&catId=0&initiative_id=AS_20210502071201&origin=y&SearchText=1944+steel+penny. This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. I was offered $3500 dollars. See answer (1) Copy. The 1944 Lincoln penny is coveted by collectors for its design as well as its rarity. Your email address will not be published. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. But a 44 Steel is like finding a 43 Copper . With only a few 1944 steel cents known to exist, these coins are truly rare. Examine the inscriptions and date compared to an authentic 1944 cent. These Valuable Pennies Are Worth Thousands, Miami-Dade Mayor, State Attorney Announce New Measures to Protect HOA Residents, Pregnant Inmate Speaks in Court After Appeals Court Denies Petition to Release Unborn Baby. This matters because a 1944 steel penny can be worth more than $100,000, and there are only 15 to 20 in circulation. Only 14 left in stock - order soon. Yes I did the magnet. piece weighed 2.69 and 2.75, tolerances overlapped , Email if interested. I do have a few 1944 copper pennies. The 1944 D steel cent is worth nearly $34,000 in average condition. SOOUT OF THE APPROXIMATELY 15-20 1944 STEEL WHEAT PENNIES THAT WERE MADE IN ERROR10 OF THEM ARE OWNED BY ALL OF THE PEOPLE THAT POSTED ON HERE?? The US Mint was under contract to produce 2-Francs pieces for Belgium in that year, and the composition and weight of the planchets is indistinguishable from the 1943 "steelies. Early Jefferson Nickel Values 1938 - 1964, find out if your 1943 copper penny is genuine. Grandpa passed away. Therefore, because only a small number of pennies were made of copper in 1943 and steel in 1944, they are a rare and valued find for collectors. She is a member of the American Numismatic Association (ANA) and holds several certifications. What is the reflection of the story of princess urduja? $1,700,000.00 PENNY. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. The 1944 S Steel Penny is one of the most valuable coins. 1959-D Lincoln Wheat Cent Lincoln cent as well. Inherit some coins? Id want to know, because if it is real, regardless of grade, youve hit the jackpot, if not NGC will let you know or grade it. 3,002 views Aug 5, 2016 16 SEND IT IN TO PCGS AND PAY TO HAVE IT GRADED. Getting the 1944 steel wheat pennies in todays market isnt easy. Not inserted in selling or nothing like that. While authentic steel pennies will stick to magnets, fakes that are copper and zinc-coated will not. Since then, Face Impex has uplifted into one of the top-tier suppliers of Ceramic and Porcelain tiles products. These coins are made to resemble a genuine 1943 Lincoln cent, and theChinese counterfeitersuse copperblanks so they won't stick to a magnet. Similarly, any 1944 steel pennies would have been released by error into the coin supply. WebCopy 1944-P Lincoln Wheat Cent Penny(Errors Steel) Copy Coin for Copy Souvenir Novelty Coin Coin Gift. 1944 S Lincoln Wheat Penny Average Circulated Good to Fine. You need to have the penny graded based on its condition if you plan to sell it to a dealer. This caused problems with people's clothing leaving a rusting. Could be plated. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). The Obverse of the 1944 Wheat Penny. The 1943 steel cent is so common and low in value that no one bothers making fakes. Not only is the coin a rarity in all grades with an estimated 75 pieces thought to exist, but most of the survivors are not certifiable due to extreme environmental damage. What Else Happened When Your 1944 Penny Was Made? Thus, the PCGS Population Report data for the 1944 Steel Cent is understated and should be ignored. The first column lists the date andmint markfollowed by the buy price and the sell value for an averagecirculatedLincoln Wheat penny. Since the mint makes billions of coins annually, they use enormous totes to move them around the mint facility. But not like a steel cent that jumps to a magnet. WebAnswer: For a real one, probably low to mid five figures. If your 1943 penny does stick to a magnet, it's really made from steel and is not rare. Double die. Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. If your penny has a copper colored appearance, here is how you can authenticate it and tell if it is a genuine 1943 solid copper penny or a fake one. Chinese counterfeiters are manufacturing some high-quality counterfeit coins to deceive coin collectors in the United States. Both steel pennies from 1944 and copper cents from 1944 appear silver in color. It sticks to the magnet and it weights 2.6 grams, So it can be counterfeit but it sticks to the magnet and it weights 2.6 grams, Not many were known to be around it could be the real deal.It is hard to tell from the photo but the 4 on the end doesnot look like the other 4. It's easy! In 1944 the mint switched back to using copper to produce the pennies. Welcome Guest! And then if it is genuine, then you have a major rarity worth serious money. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. The 19 and the 44 are inconsistent which concerns me as this coin is often counterfeit. You will need a scale that goes to tenths of grams to use the weight to find out which penny you have. Compared to the real deal (. To me, that is proof enough that they know its fake. If you ever thought to discard the loose pennies in your coin purse, hold off. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. Manuel maturino, May 2, 2021, My coin sticks to the magnet and it weights 2.6 grams, 1944 steel penny I wanna get it graded cause I looked it up and it sticks to the magnet and it weights 2.6 grams so does it mean it's real. An MS64 auctioned at $108,000 on the same day. What Is Happening With This 1972 Penny Rim? 1944 Steel Despite the inability to determine its actual value, an MS66 in August 2021 sold for $408,000. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. This coming is in very good shape and in my opinion is a MS 67-68. Image: usacoinbook. Despite the policy's of eBay, Paypal, and the sellerthe money will likely be very hard to Over time, people would find these copperplated steel pennies and think that they found a rare mint error. How do you tell if a 1943 steel penny is real or fake? Professional Coin Grading Service (PCGS) - www.pcgs.com. Yeah, getting it authenticated by a. The coin was sold for $58,201.50 on January 4 to an online bidder. Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. It doesn't look quite right to me, especially the date. If you think you have a steel penny, you should go to a third-party coin authenticator to find out. https://www.PCGS.com/coinfacts/cointeel/82731). #duet with timetotravel007 Six figure penny being destroyed . Only 3 left. You will want to keep this penny under lock and key because it is very valuable. WebThe 1944 steel penny is worth between $75,000 and $110,000, depending on its condition. Chances are bout as good as hitting the Powerball.. Also, you are correct that the 1944 S is the rarest. Toonie With Rim Issues. Our company has made one of the best approaches towards customers that we supply premier quality products. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Study now. Wheat pennies made from 1944 to 1946 often were made using recovered ammunition shells from World War II. It's the COPPER '43 that has fakes out there. Where to seel, best bet would be through one of the large auction houses. 00. When they took these coins to a coin dealer, the coin dealer would hold a magnet over the penny, and the steel underneath the copper plating would attract the penny to the magnet. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. So if you have a 1944 copper wheat penny is there any outrageous value? Both steel pennies from 1944 and copper cents from 1944 appear silver in color. Been lurking here for awhile and decided to become active as I've developed an interest in coins lately. Fortunately, Lincoln cent experts atthird-partygrading servicescan tell the difference by closely inspecting the coin under a stereo microscope. Many of these coins were then spent and ended up in circulation alongside genuine Lincoln cents. Before you spend the money to gave it graded, it wont grade very high, please have a professional numismatist (coin dealer) check it out. A teacher walks into the Classroom and says If only Yesterday was Tomorrow Today would have been a Saturday Which Day did the Teacher make this Statement? $30,550.00, 1944 s steel penny,ms68+,sticks to magnet,the real deal, the last real one sold in 2018 at heritage auction for $389,000+ in average condition. A genuine steel penny is magnetic. One specialist was able to trace only two examples in mint state." 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. The 1944 S steel penny, in average condition, can be worth around $400,000. I JUST INHERITED A 1944 D STEEL PENNY IN VERY GOOD CONDITION IT WEIGHS 2.7 GRAMS AND STICKS TO A MAGNET. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. $160,000 dollars. Metal was not the only commodity that was critical to the war effort. Hi everyone. WebIn 1944 the US mint accidentally produced some steel pennies. This is a fairly reliable test, and if you find that you have the elusive 1944 steel wheat penny, you have something with significant value. Besides the tests you mentioned the only thing I can think of is sending it to be authenticated with a grading company like PCGS. This penny weighs 2.7 grams and is easily stuck to a magnet. Face Impex is one of the Face group of companies that begin in 2006. WebCoin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. In an August 2007 auction, a 1944 D Lincoln steel cent graded in MS63 sold for $115,000, according to PCGS. Additionally, a professional numismatist may be able to tell the difference for you before you send it to a third-party grading service. If the 3 in your date looks like half of an 8, your coin is not a genuine 1943 copper penny. Were you guys able to find out if it was real? SCHOCK YOUR FRIENDS! Mint workers first rolled a sheet of steel to the proper thickness. But This Might Be It . The following two columns list the buy price and the sell value for an averageuncirculated. For Sale: 1877 Trade Dollar Opium Box Necklace Locket, For Sale: 6 Israel Silver Commemoratives At Melt + Shipping, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 1995, 1999, 2000 US Silver Proof Sets, For Sale: 1924-S Standing Liberty Quarter, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Sold: 20 American Silver Eagles 2012 In Original Tube, For Sale: Uncirculated American Innovation Dollars, For Sale: 1993 Mexico 20 Pesos Bi-Metallic Silver BU Coin, Coin Community Selling Rules - Updated Feb 23 2023, Coin information Types and Varieties, Overlays, Jefferson nickel doubled dies Wexler/Rebar complete listings, https://www.PCGS.com/coinfacts/coin-steel/82731. It says One Cent, and United States of America. There are also two stalks of wheat on the left and right edge, which is why this penny is often called the Wheat penny. $14 delivery Feb 28 - Mar 21 . The copper version is worth around $100, so it does have some value. Doubled dies 3. Well, if you think it's genuine, send it in and find out. In 1943 all pennies minted by the United States mint were made out of zinc plated steel because the United States needed copper for World War II supplies. As others have noted, neither four on your coin matches the style of the fours on a 1944. Started by The absolute top price one of these pennies has fetched at an auction was $115,000! The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc.