Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! Copper was traditionally used and was required for several military-related purposes as the U.S. battled Axis powers in multiple theatres. (30% off), Keep collections to yourself or inspire other shoppers! If you believe that you have a rare coin then you may be able to make a real mint. 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. C $1.89. But lets focus on steel pennies. In this article you will learn in a simple but profound way what a 1943 Steel Penny is, list of rarities that make them highly valuable for collectors and most important which are the most expensive. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. 2015 Australia Hammer Head Shark Silver Round Perth Mint 1/2 OZ .999 Fine. Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. In MS 63, the highest recorded selling price was over $1.1M. A strange looking coin if I 1964 is a key date as the coins mint mark would move from the reverse to the obverse 1964 D is a key date as the coins mint mark would move from the reverse to the obvers 1938 was the first year the Thomas Jefferson Nickels were produced. A litany of tests and patterns followed for the emergency composition, including plastic and glass. please explain? Two of these materials were diverted, among other sectors, from monetary production to the manufacture of ammunition and artillery: copper and nickel.Therefore, in 1943, other materials had to be tested for the manufacture of coins other than the traditional copper and nickel ones. How much is a regular 1969 s penny worth? - TimesMojo and new product arrivals. 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. If it sticks to the magnet, you could be in luck. "acceptedAnswer": { 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. in the field on the left) the word Liberty and on the right, the date and mint mark are inscribed, Denver or San Francisco. Letter of Authintic American Mint . One of then looks like lady liberty and Lincoln are kissing on the reverse. I just found a 1944d doesnt stick to magnet but weight is 3.00 what do I have? About 10 examples of this coin are believed to exist. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. The most valuable steel penny is a 1943-D. Let me explain. After all, low-grade coins with valid errors could score hundreds of dollars! The Official Red book: A Guide Book of United States Coins. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. 1964 D Nickel Worth - Whats the value of a 1964 DJefferson Nickel? In the center, and in descending order appears the inscription E-Pluribu-Unum, ONE CENT and below UNITED STATES OF AMERICA. Thus, alternative metals were considered for minting coins. A great coin with a great story behind it and the documentation to prove it.. We've also rounded upthe most valuable error coins worth hundreds. 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! After 1964 the mint mark was moved to the obverse (front) of the Nickel. } Find this page useful? 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? ", As is the Denver minted coin with a error of 2 Ds for the mint mark . 1960's D Penny Steel/Silver??? Help!!! - Coin Talk The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. Set where you live, what language you speak, and the currency you use. This penny has visible doubling on the front of the coin. The 1964 D Penny is not really valuable as a large number of them were produced. 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. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. My email is [emailprotected] I would appreciate any help. The tin cents may have been part of the test batches. Their rarity is one reason they're so expensive, but it's also down to the coin's composition. If so please share it with your friends and help us grow. 1970 PDS Us. 1944 D Lincoln Wheat Cent : Steel Cent - USA Coin Book The steel cents were often confused with the dime, causing some folks to lose 9 cents (or more) in a cash transaction. For most years, the 1c coin was 95% copper with the remaining 5% being a mix of tin and zinc. What is the value of a 1964 steel US cent? - Answers Sale Price 26,000 Incidentally, we refer to them as pennies instead of cents because thats what 1-cent coins are called in the United Kingdom. The Lincoln Steel Penny was not well accepted by the American population who had to use it in everyday life. 1964 D Rare Penny AU Very good condition. found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. ] The coin was slightly underweight at 2.6g instead of 2.7g. 805 sold. Examining the coin, There is no plating and appears to be in it's pre-dip state. 1964 Penny Value Guide (Incld. Rare Varieties) - Rarest.org These zinc-coated steel planchets represented an efficient and affordable way to make the 1943 pennies while rationing copper for the war effort. Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. Refresh your browser window to try again. According to a February 12, 1966 newspaper article in the San Mateo Times, in 1966 Robert Collins, a then-23 year old man from California discovered what at the time was the second-known 1944-D steel cent. There was a problem subscribing you to this newsletter. However, copper and nickel were also integral in making coins. 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 . They differ in Suffix, Minor Variety, and Die Variety only. 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!. During the war years (1944 to 1945), copper, tin, and nickel were required for weapons and military equipment. Don't be the last to know about the latest deals 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.. Learn more. Due to the above reasons, they switched to the Wheat Penny composition of 95 percent copper and 5 percent zinc. Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British . You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book. 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. 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. It does not stick to a magnet. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). This is somewhat different than the typical 95% copper, 5% tin and zinc composition generally used at the time for producing Wheat pennies. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. 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. According to PCGS, a coin classified as MS68 SMS is worth a staggering $27,500. 1950 Penny Value | Discover its Worth - CoinStudy Strike errors include such things as broadstrikes and off-center coins. Memorial Cents arrived on 12th February 1959, marking the 150th anniversary of his birth. "text": "A 1944 Steel Penny MS+ should go for more than $100,000." This indicated the coin was made of steel rather than copper like most 1944-D cents. 2.) 1944 Steel Penny Value, Best Grades, Mint Types - Coin Value Investor It was also susceptible to rust, which leads to issues with the overall condition in the present day. Based on various factors. I have a 1943 d steel wheat pennyit has a mark under the word liberty looks a 3 or & or an 8 . Second, it is always highly advisable to seek the counsel of an experienced and knowledgeable dealer like Mr. Estes if one has a coin that could potentially be very rare and valuable. 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. Beautiful Coin! 1964-P Proof Lincoln Penny - hesgoal.name Copyright 1995-2023 eBay Inc. All Rights Reserved. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. In the year 1944 something very similar happened but in reverse. Which 1943 steel penny is valuable? Wartime Nickels mint mark is on the reverse top center, only wartime nickels have an actual P mark. But the initials VDB only appear on the obverse, at the cut-off of Lincolns shoulder. More than two billion of these bad boys were made, but the exact amount is unknown. Word eventually gets around if a dealer sells overgraded coins, or takes advantage of less knowledgeable sellers. In other words, you're not guaranteed to get thousands if you have a similar one. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). It is possible that this coin may be a wrong planchet/wrong metal error.This would be a coin struck on a planchet intended for another (probably foreign) issue. 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. What Are The Different Penny Errors and How Much Are They Worth? Youll see ad results based on factors like relevancy, and the amount sellers pay per click. "@context": "https://schema.org", In MS65 they are a little harder to find but probably many still in original and even opened rolls. One of the main reasons was its confusion with the 10 cents in circulation at that time due to its silver appearance. Lets check its specifications. I have a 1944 D penny which appears to be steel plus something else but does not stick to a magnet. Margeauxscoins. She believed the coin was real and was frustrated that she could not find anyone who would take her seriously. PRO-TIP: The 100% best way to check the latest values of the 1944 . Lets dig deeper to mine the precious secrets of 1944 Steel Penny Value. But starting in 1942, experimental coins were being developed to save on war metals. In 2014 an AU55 specimen was auctioned for $329,000. How to tell if you have a 1974 aluminum penny - Quora Ron Guth: I have a 1943 steel penny want to get it appraised. Confusing which is which between the two years could cost you dearly in your coin collection. Our posts do NOT contain affiliate links. 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. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. Also, click here to Learn About Grading Coins. Take full advantage of our site features by enabling JavaScript. The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy. DDO/DDR. Mint and a Rare S over S RPM Lincoln Error Cents a Big Set of all different Coins . "@type": "Question", We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. THANK YOU A E Turgeon. Thanks for your time and consideration. If you choose eBay, remember to set a minimum price that is higher or at the very least equal to the face value of the coin - or you'll make a loss. 1964d Penny - Etsy !, W/H COA & STAND! Listen to this post about the 1943 steel penny or keep reading below: The steel penny may seem like a random anomaly to some. I have two 1944 penny's one with D mint one with no mint. This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. ", Search the full name of the coin, select the "sold" listing and then toggle the search to "highest value". A coin in average condition has an estimated value of at least $77,000. One of the. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. "name": " How much is a 1944 steel penny worth? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 1944 Steel Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1972 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1943 Copper Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1973 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark), 2009 Penny Log Cabin Value (Rare Errors, D and No Mint Mark), 1971 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1981 Penny Value Guides (Rare Errors, S, D & No Mint Mark), 1988 Penny Value Guides (Rare Errors, D, S & No Mint Mark), 1980 Half Dollar Value (Rare Errors, D, S & P Mint Marks), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks). One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. However, there are still millions of collectible 1943 pennies out there. Most probably created by accident, this off-metal error coin relates to WWII. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Nicknames for the 1944 Steel Penny include the zinc cent, the wartime cent, the wartime penny, the steel war penny, or simply the steelie. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. Great! In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. Le sugiero que consulte el libro rojo de Whitman. I have a 1943 s penny it has 2 mint marks both s cant find out anything about it help please, I have a couple 1943 steel that have the 1943 mercury dime front and back not full coin print but a lot.the marks there you can see. 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. Has Wear And Signs Of Use. I have So Much to List. We Searched And Found It To Be Valuable. cpm9ball, Apr 30, 2021 Generally speaking, the penny is known as the Lincoln Cent because it bears his image. .? You need to post photos, and it would be best to start your own thread. "name": " Why is the 1944 steel penny so valuable? 1943 Lincoln Wheat cent, steel composition. Does anyone think the mint will change the composition of the penny again? The coin is 19.05mm in diameter and 1.5mm thick. Email us at exclusive@the-sun.com or call 212 416 4552. 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. Between the date and the mint mark (s) is another 4. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. But it sure isnt your regular penny.. PCGS is not responsible for the accuracy or authenticity of Ebay listings. They weigh 2.7g, and the most valuable one to date was a 1944 S Steel Wheat Penny. I found a 1944 d silver penny its in good condition try to see how much there worth. Plus, people often mixed them up with dimes (10c). 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. In MS 63, the highest recorded selling price was over $1.1M. 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. 1964 Penny Value Guides (Rare Errors, "D", "SMS" and No Mint Mark) And. Please email value@coinvalueinvestor.com to receive an estimated price. , { Conversely, all 1944 pennies should have copper. I weighed it and it weighs 2.9 grams. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. Join us today for FREE! Just keep reading! Copper cents weigh 3.11g while steel cents weigh 2.7g. What is the value? He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. They didnt announce it for fear of hoarding, so while people did notice their absence, no official record appeared until 1959. i came across a what i thought was just a token but after intensive research,it comes to be a 1785 bar cent,please advise me how to get it authenicated and graded.thanks kenneth. First of all, get some scales ready! They range substantially in grade and have sold for sums that vary from $7700 for an AU coin in 1996 to $115,000 for the finest quality example, an MS63 that sold at auction in 2007. 1943 Steel/Zinc composition in uncirculated condition, no mint mark is a Philadelphia coin: un minted, this is rare. Hi Kelli. $195.00 FREE shipping. There are probably very few if any at all in opened rolls as these are usually pulled out and sold as singles or are sent in to be graded. Both the obverse and the reverse were designed by Victor David Brenner. The S-marked penny comes from the San Francisco mint. Louis Golino is a coin collector and numismatic writer, whose articles on coins have appeared in Coin World, Numismatic News, and a number of different coin web sites. Scarcer than the 1943 Lincoln Steel Penny is the 1943 Lincoln Penny made from copper, with an unknown coinage. 1978. Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. The woman then met with Mr. Estes, who could immediately tell the coin was real based on his decades of experience as a coin dealer and expert numismatist. Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. And even though it's the only 1964 Penny with a mint mark, its value isn't that high. Coleccionistasdemonedas.com is an independent website. Because of their relative rarity, 1944 P Steel pennies fetch a premium. Beautiful Coin! Alternatively, you could use a magnet to check out the steel content contained within. These coins had some problems though. Wed stick to graded options with clear provenance and be wary, especially if a deal seems too good to be true. In July an AU example garnered $23,000, and an AU-53 coin sold last January for $37,375. The coin was sold for $58,201.50 on January 4 to an online bidder. 1) 1943 copper composition ( not magnetic, red copper colour) $300,000 Ok so I have a steel 1943 s steel penny in great condition and it sticks to magnetics so is it worth anything. These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. Check out the price chart for the top coins in this series. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. If it sticks, you could be in luck. CoinBin.com is poised to become a primary digital resource for this decade, and the next. 1964 D Lincoln Memorial cent/ Penny | eBay need help identifying. my normal scales that weigh to the milligram 1943 D American Steel Lincoln Wheat Cent Uncirculated Denver Mint Penny. Ed. 1943 Jefferson Nickel struck on a steel cent planchet. Original Price 20,000 The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. 1964 Lincoln penny Monster toned . When she spoke to Mr. Estes, he asked if a magnet attracted the coin, and she said it did. "text": "The 1944 penny is rare simply due to the fact that not many were made in the first place." 3 D Steel Pennies And 3 Steel Pennies With No Mint Marks.
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