How much is a 1944 bronze penny worth?
How much is a 1944 bronze penny worth?
How Much Is My 1944 Penny Worth? If it’s a normal 1944, 1944-D, or 1944-S cent, it isn’t worth much. They are some of the most common of common-date Wheat cents. Prices range from around 20 cents in circulated condition, to 35 cents in uncirculated.
What is the rarest 1944 penny?
Lacking a mint marking, as it was never meant to be released for circulation, the 1944 Steel Wheat Penny will set a buyer back $77,234 to $110,334, depending on the coins condition.
Are there any rare 1944 pennies?
The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.
Why is the 1944 steel penny so valuable?
The steel planchets used in 1944 were almost certainly leftover from 1943. These are not wrong denomination errors; some steel planchets for U.S. one-cent coins were used in 1944 or very late in 1943 with ‘1944’ dies.
Why is the 1944 steel penny rare?
“The 1944-S Steel Cent is an extremely rare off-metal striking created when a steel blank left over from 1943 was struck in the normal production run of 1944-S Bronze Cents, Ron Guth, the President of Professional Coin Grading Services wrote.
How can I tell if I have a bronze penny?
Try picking your coin up with a magnet. If your coin is attracted to the magnet, it is made of copper-plated steel (a fraud). If the magnet does not attract your coin, it may be made of bronze and you should have the coin authenticated to determine if it is the “real deal”.
What year is a penny worth 1 million dollars?
1943
The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million.
How many 1944 steel wheat pennies are there?
There are probably 25 to 35 Philadelphia Mint steel cents from 1944 in existence. Just two 1944 San Francisco Mint steels are known. The consignment by Bob Simpson of the PCGS graded MS-66 1944-S commands attention. The only other known 1944-S steel cent is in a PCGS genuine holder.
Why is a 1944 steel penny worth so much?
These are not wrong denomination errors; some steel planchets for U.S. one-cent coins were used in 1944 or very late in 1943 with ‘1944’ dies. An error made with a correct denomination planchet is closer to being a regular issue coin than an error made with a wrong denomination planchet.
What year wheat penny is worth $1000000?
In September 2012, Legend Numismatics of Lincroft, New Jersey has announced that collector Bob R. Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet.
Are 1944 wheat pennies valuable?
The 1944 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins. The US minted the 1944 wheat penny with no mint mark and also the 1944 D wheat penny and 1944 S wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.
What is on the reverse of a 1944 Penny?
On the left and right outer edge of the reverse you will see two individual stalks of wheat, which is why the penny is sometimes referred to as the “Wheat Penny.” Finally, the Latin phrase “E Pluribus Unum” is arching overtop. Grading the 1944 Lincoln Penny
How much is a 1944 steel Lincoln cent worth?
Here are the details: 1944 copper Lincoln cent — 1,435,400,000 minted; 3 to 5+ cents 1944-D copper Lincoln cent — 430,578,000 minted; 3 to 5+ cents 1944-S copper Lincoln cent — 282,760,000 minted; 3 to 5+ cents 1944-D over S copper Lincoln cent — mintage known; $100+ 1944 steel cent (any mint) — 15 to 20 estimated; $100,000+
Are old Lincoln pennies worth anything?
Both the 1943 copper Lincoln cent and 1944 steel Lincoln penny are worth an incredible amount of money because they’re so rare. They’re worth far more than the famous 1909-S VDB penny – the rarest regular-issue Lincoln cent: