The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. "acceptedAnswer": { Alternatively, you could use a magnet to check out the steel content contained within. Thanks for your time and consideration. While there is no known mintage figure for the 1943-D/D Lincoln cent, its estimated that perhaps 3,000 to 5,000 examples may exist across all grades. This type of data sharing may be considered a sale of information under California privacy laws. These zinc-coated steel planchets represented an efficient and affordable way to make the 1943 pennies while rationing copper for the war effort. Between the date and the mint mark (s) is another 4. About 10 examples of this coin are believed to exist. Confusing which is which between the two years could cost you dearly in your coin collection. If you have insider information regarding the penny number count or would like to sell one, please email sales@coinvalueinvestor.com. There are so many errors it's Jefferson Nickel struck on a Copper Penny planchet error. $6.99. Above the bust, you can read the legend In God We Trust, behind him (i.e. In 1944, the Philadelphia Mint only made 30 steel pennies. 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. 1994 Steel Penny Investment Rating: 94 out of 100. 4.) 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.. According to USA Coin Book, about 40 steel pennies were minted in 1944. The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite valuable and sold for over $1.7M. But lets focus on steel pennies. This set is commonly sold in mass-market offerings. In 1943, all pennies were meant to be zinc-coated steel. He was born on 12th February 1809 and assassinated on 15th April 1865. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. Free shipping for many products! Yet the coin has a vital connection to an international historical event. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. The 1964 penny with no mint mark and the 1964 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. Only a handful of 1944 steel pennies were minted, which explains their pricing. "acceptedAnswer": { Could someone tell me what I have? And 50 Pesos On Coin Gold 37.5 G. Oro Puro And Aztec Gold Calenda Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. + C $1.25 shipping. 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!. Top Rated Plus. PRO-TIP: The 100% best way to check the latest values of the 1944 . If theres any value Im considering selling. The most cost-effective replacement metal for the Lincoln penny was determined to be a 99% steel planchet with a thin layer of zinc plating. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. Hi I have a 1944 Steele penny how can I sell it, I have several wheat pennies. The coin is 19.05mm in diameter and 1.5mm thick. 1964 Lincoln Copper Penny With L in Liberty On Edge Error No Mint Mark (Rare) $400.00 Free shipping 1964 D Lincoln memorial penny with error on L in Liberty. 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. PCGS puts the number at seven and has only certified one example, an MS 62. My mother had recently passed away and she was a collector of wheat pennies, I have over 1000, I came across a 1944 penny that appears to be steel and copper mix, it does not look copper or steel it appears like both, not sure if anyone had heard of this? Which 1943 steel penny is valuable? It does stick to a magnet. Very rare I thought.Maybe you might be interested? In MS65 they are a little harder to find but probably many still in original and even opened rolls. NGCs web site says it has graded one MS62, and one MS63. (30% off), Keep collections to yourself or inspire other shoppers! Here's How to Test Your Silver & Gold, Buffalo Nickel (19131938): Values & History, Mercury Dime (19161945): Values & History, Washington Quarters: Key Dates & Varieties. Their steel counterparts are much more common. The 1943 copper penny is extremely rare and valuable. Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011. Anyone know what its Worth ??? The diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. It will give you an idea of the amount of money that the coin is going for. After 1964 the mint mark was moved to the obverse (front) of the Nickel. Multiple (8) PCGS MS67RDs. Last year I interviewed him for CoinWeek about his interest in coins and his expertise on silver dollars . Wrong planchet errors are very rare and the odds are against it! Coins in order by date. 1943 Bronze composition (looks brown or red but magnetic) $? steel weight 2.7 grams 82s 3.1. Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Ed. Last month,a rare 25 cent error coin sold for $599- and you could find a similar one in your spare change too. Coleccionistasdemonedas.com Estimated Value of 1943 Steel Penny today is: How To Tell If You Have One Too? Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. So the one that is worth so much, does it have to stick to be the real deal? The 1943 steel cent was produced during the height of World War II. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. (30% off), Sale Price 75,789 1943 Steel/Zinc composition in uncirculated condition, no mint mark is a Philadelphia coin: un minted, this is rare. In 1943, at least one coin was 86.41% tin, 1.75% copper, 8.37% antimony, and 1.02% vanadium. Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. The Official Red book: A Guide Book of United States Coins. Check to see if it falls into one of the categories on this list. 1944 S Steel Penny Value 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! A 1964 D in MS 67 RD sold for $456. At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. Their rarity is one reason they're so expensive, but it's also down to the coin's composition. we have around 6,000 pennies. This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. But once the war was over, the mint quietly recalled these steel pennies. We do NOT maintain affiliation and sponsorship relationships with companies. 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. Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (source). The mint mark, when present, can be found on the obverse side of the coin below the date. And even though it's the only 1964 Penny with a mint mark, its value isn't that high. I weighed it and it weighs 2.9 grams. This paved the way for an emergency composition for the one-cent coin as well. 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. More of these steel coins have popped up in recent years, so more errors may be listed and discovered. Also standard to these coins, the 1964 penny has a diameter of 19mm and a mass of 3.11 grams. 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. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Theyre visually similar but the tin cents are slightly heavier and will not respond to magnets. In the year 1944 something very similar happened but in reverse. I have a 1943 d steel wheat pennyit has a mark under the word liberty looks a 3 or & or an 8 . Have a rare coin but are unable to ID it? 19.05 mm Thickness: 0.0598 inches (1.52 mm) Edge: Plain Minted in: Philadelphia Quantity Minted: 2,648,575,000 photo source: www.ebay.co.uk 2) 1964 D Penny Just keep reading! Coin Opp 1.7M views 5. How much is a 1943-d steel penny worth in 2023? "acceptedAnswer": { The condition, patina, and grade of a coin make it a sought-after commodity by coin collectors. 3.) To avoid this, many coins dated 1944 to 1946 were infused with copper from recycled brass shells. Etsy is powered by 100% renewable electricity. "name": " How much is a 1944 steel penny worth? And in our opinion, one of the best in terms of an ultra-low-cost investment. Transitional errors can happen when a coin's composition changes, but the old dies are used. But it sure isnt your regular penny.. It was my first major coin purchase. The information about the coin owned by Mr. Estes client appears here with the permission of Steve and Debbi Estes. What is the value of a 1964 US 50 cent coin?   Japan   |   English (US)   |   (JPY), remembering account, browser, and regional preferences, remembering privacy and security settings, personalized search, content, and recommendations, helping sellers understand their audience, showing relevant, targeted ads on and off Etsy. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. How do I know if my 1943 steel penny is worth money? San Francisco was the mint with the lowest number of units produced of the 1943 Lincoln Steel Penny, over 190,000,000. Image: USA CoinBook. But although they're all stamped 1964, close to 2B of these coins were produced in 1965. This may not sound like a lot, but it's still 119,900% its original value. Thats 0.0005 inches. Lets dig deeper to mine the precious secrets of 1944 Steel Penny Value. They made over a billion in total, and the priciest 1943 D Steel Penny sold for over $1.7M in 2010. When you start looking at perfect mint state versions of this coin with all five steps on the reverse of the Monticello the price rises steeply. The steel used on these coins was fairly low grade, infused with carbon, and topped with zinc to add a touch of luxury. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. Die errors include filled dies, die cracks, and die doubling. 2005 S. Gold One dollar Sacagawea by Littleton Coin Company. Save my name, email, and website in this browser for the next time I comment. There is only one piece in the maximum graduation, MS67+. The rest were steel. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. and new product arrivals. 1950 Lincoln Penny Value. 4- 1893. Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. Tons of 1999 Pennies With AM large. Key and Semi-Key Dates to remember. There was a problem subscribing you to this newsletter. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel could be used instead of cash. Graduations higher than MS67 are rarer and more highly rated. Zinc, silver, tin, and nickel coins barely respond. Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. Conversely, all 1944 pennies should have copper. 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. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? To make these coins, a core of carbon steel was electrolyzed to coat it with 0.013mm of zinc. Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British . PCGS is not responsible for the accuracy or authenticity of Ebay listings. Earlier sources listed all the 1944 steel cents as errors because the pennies were intended to return to their 95% copper content that year. With limited copies and the majority being worth tens ofthousands of dollars, its a great choice if youre looking for a solid investment piece that will likely retain value in the long term. Thus, alternative metals were considered for minting coins. When locked, you will be scrolled directly to this table for all coins. Based on various factors. Its dimensions devices and edges are similar to its siblings from other years. In July an AU example garnered $23,000, and an AU-53 coin sold last January for $37,375. Very few known specimens remain and its value, independently of the graduation, is of several hundreds of thousands of dollars. I have a 1944 steel penny,that I got from my dad 25 years ago.who do I need to talk to about this? Good condition $49.00 + $4.50 shipping 1964 D Lincoln Penny RARE L Liberty on edge Error $1,800.00 + $4.70 shipping Hover to zoom Image not available Have one to sell? I have recently found another 1944 steel wheat penny. "@type": "Question", Ive got a RARE 1944 D wheat penny ill let go for $ 20,000.00 U.S dollars .or make me an offer .condition over exceeds the one you have by very much. These coins do have browning. eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. 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. If you do have one, it would be worth tens of thousands of dollars. Any value? Prices based off high end conditions that have been certified. Lets look at these silver-colored coins and find out what theyre worth today. What is the value? In EF 40, thats about $30,000, but in MS 60, the price jumps closer to $60,000. I found a 1944 d silver penny its in good condition try to see how much there worth. In MS 63, the highest recorded selling price was over $1.1M. 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. I just submitted to Great Collections a 1943 steel penny. .? 3- 50 dollars Gold Elzabeth ll. Will you please contact me at the address listed with any information you have available. Examining the coin, There is no plating and appears to be in it's pre-dip state. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. ): One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. Of course, when a penny is worth more than $85,000, you'd expect a few counterfeit examples to be floating around out there. Letter of Authintic American Mint . } 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. 26,000, 37,143 Keep an eye out for fakes and forgeries, such as zinc-coated copper pennies, regularly mis-sold as the real deal. During World War II, the war effort required a lot of copper to make shell casings and munitions. Typical examples in uncirculated condition usually realize $1 to $5. Less than two dozen are known in MS67 condition with none being graded higher. The top collar of the coin reads E Pluribus Unum. That year was planned as the only year when pennies would have zero copper in them. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. 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. Listen to this post about the 1943 steel penny or keep reading below: The steel penny may seem like a random anomaly to some. Due to its high economic value, it is a type of variant that is very falsified either by the copper plating of a 1943 Lincoln Steel Penny or by modifying the dates of the 1945, 1948 and 1949 Lincoln Pennies for the rarer date of 1943.For the first counterfeit (copper coating) a simple magnet will be enough to detect it since the 1943 Lincoln Steel Penny will attract to the magnet. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. Its in rough shape but passes the magnet test. 1. Numismatic collector with a passion for history, particularly Spanish history. In 2008, this coin was sold for $373,750. what is this mark lewis, I have the same penny that weighs 2.9 g how do I sell that please help me, Hits like 43 penny to a magnet with little rust. Tried picking up with magnet and it didn't stick . 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. Welcome to the neighborhood! Captcha failed to load. 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 . Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. First, weigh the coin. "@type": "Answer", Margeauxscoins. Steel pennies have iron in them. If you are lucky enough to find one, their value can range from $1,000 and up. 1943-D type Lincoln Bronze Penny - $1.7 million. In Canada, a penny (minted 1858-2012) is a coin worth one cent, or 1 100 of a dollar.According to the Royal Canadian Mint, the official national term for the coin is the "one-cent piece", but in practice the terms penny and cent predominate. { In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. Turning off the personalized advertising setting wont stop you from seeing Etsy ads or impact Etsy's own personalization technologies, but it may make the ads you see less relevant or more repetitive. 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. Assay Office. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. In MS65 they are a little harder to find but probably many still in original and even opened rolls. We've also rounded upthe most valuable error coins worth hundreds. Required fields are marked *. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel could be used instead of cash. However, copper and nickel were also integral in making coins. In addition to the weight, another feature that differentiated the 1943 Lincoln Steel Penny from the previous Lincoln Penny was its reaction to a magnet, since it had a high percentage of steel that used to stick. Our posts do NOT contain affiliate links. Whether its an error penny, variety penny, or key date penny, the pennies worth money are often worth big money - and Im here to show you what to look for via a discussion of where the error or variety is on the coin and then close up pictures of it. 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? It does not stick to a magnet. They differ in Suffix, Minor Variety, and Die Variety only. In high grades (MS67, MS68), Proofs, Uncirculated (MS+) or Mint Condition can be Worth until $21,275. ; Watch Out For Counterfeits. 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