For most years, the 1c coin was 95% copper with the remaining 5% being a mix of tin and zinc. 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. GeeChocVarietyShop. Visit eBays rare coins and search 1994 Steel Penny. 1955 D/D in Date Other Areas. In MS 63, the highest recorded selling price was over $1.1M. 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 1944, only 7 steel pennies are known to exist with the D mint mark. Value Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. 4- Silver bullion Round 2015. And Tons of Silver and Gold Coins from all Over the World. if anyone can help me, please send me an e mail thanks,the penny does stick to a magnet, k.c. This type of data sharing may be considered a sale of information under California privacy laws. We do NOT maintain affiliation and sponsorship relationships with companies. didnt like to cary change in his pocket. However, there are still millions of collectible 1943 pennies out there. The most valuable steel penny is a 1943-D. Let me explain. It weighed 3.11g instead of the expected 2.7g. 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. It weighed 2.79 grams? The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors. Top Rated Plus. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. $195.00 FREE shipping. The tails side (reverse) has changed at least four times, but the heads side (obverse) honored Lincoln since 1909. If you have one in an MS 68 rating, you can sell it for $3,500. During the war years (1944 to 1945), copper, tin, and nickel were required for weapons and military equipment. So the one that is worth so much, does it have to stick to be the real deal? The moral of this story is two-fold. Advise Us Please. A coin in average condition has an estimated value of at least $77,000. "acceptedAnswer": { Most 1944 Wheat Pennies are bronze (95% copper), but counterfeits might be coated with nickel or zinc to mimic steel. Year: 1959. 1959 Wheat Penny Value Guides (Rare Errors, D, and No Mint Mark), 1983 Penny Value Guides (Rare Errors, D, S and No Mint Mark). Ron Guth: Ive done the magnet test and it passed the test. 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. (Right now, the government loses money on every penny it issues. The diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. 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. And even though it's the only 1964 Penny with a mint mark, its value isn't that high. 1964-d Penny 2errors Known As Close Stamped L In Liberty Close To Coins Boarder. 1964 D Penny Value A total of 3,799,071,500 pennies carry the 1964 minting date. , we will provide the optimal coin grades when recommending an asset (i.e., MS61, MS64). Original Price 20,000 Both are quite rare and valuable. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, This Denver-minted penny coin features 16th President Abraham Lincoln, The piece racked up 25 bids on eBay and ended up selling for $2,010, Check your pocket change as a rare Lincoln penny error coin could earn you money. When I did I seen it is a 1993 D. Looking online, I see they didn't re-make a steel penny, in 93. 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. Mint and a Rare S over S RPM Lincoln Error Cents a Big Set of all different Coins . As mentioned above, 1943 copper pennies are rare and valuable. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. In MS 63, the highest recorded selling price was over $1.1M. 1944 S Steel Penny Value 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. Conversely, all 1944 pennies should have copper. The rest were bronze cents, and they made over 1.4B of those. If you watch, you may find pennies worth big money after cherrypicking.This specific video is about 1964 pennies worth money - these 1964 double die error coins can be worth $100 or more in the right condition! The 1943 Lincoln Steel Penny was cast at three mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S). "mainEntity": [ I have a 1944 penny which appears to be copper. The PCGS certifying company has graduated only 3 pieces of 1943 Lincoln Steel Penny in MS68+ grade from Philadelphia, 2 pieces for Denver and 5 pieces for San Francisco. 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. There are only 7 known 1944-D steel pennies in existence. Free shipping. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. View cart for details. 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. Buy at the bottom, sell at the top. Hi Judith. When locked, you will be scrolled directly to this table for all coins. Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011. Their steel counterparts are much more common. Our posts do NOT contain affiliate links. This may come as something of a surprise to the many who believe these coins are quite valuable. Both the obverse and the reverse were designed by Victor David Brenner. In July an AU example garnered $23,000, and an AU-53 coin sold last January for $37,375. Take full advantage of our site features by enabling JavaScript. 1943 D American Steel Lincoln Wheat Cent Uncirculated Denver Mint Penny. In 2014 an AU55 specimen was auctioned for $329,000. I think they are steel how do i know what they are worth? Read the article about left over material etc. Tried picking up with magnet and it didn't stick . This may not sound like a lot, but it's still 119,900% its original value. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. but I cant find any info on anything like that. Don't be the last to know about the latest deals However, copper and nickel were also integral in making coins. Double Die Nickel errors occur when the die strikes the nickel planchet more than Rare Coins. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? 2022 Coleccionistasdemonedas.com | Valuable Coin Collecting & Numismatic Magazine. You can see an example in the photo below. Etsy is powered by 100% renewable electricity. In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. You can also tell its a fake by simply looking at it. Lets look at these silver-colored coins and find out what theyre worth today. Apart from its distinct metal composition (including semi-metals like antimony), the 1944 steel penny is a wheat penny. I don't understand what you mean , my comment is awaiting moderation. Ok so I have a steel 1943 s steel penny in great condition and it sticks to magnetics so is it worth anything. 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? THANK YOU A E Turgeon. 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 ; Watch Out For Counterfeits. What is the value of a 1964 US 50 cent coin? Known errors. The views expressed may come from different individual authors and may not necessarily reflect those of the website or other organization. The 1943 steel cent was produced during the height of World War II. But for the record, steel cents or zinc-coated pennies are not mint errors. I have So Much to List. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. 1964 Penny Value and Price Chart The 1964 penny value has a minimum of $0.15 regardless of whether it carries a mint mark or not. As for the legends on the coin, In God We Trust is above his head while Liberty sits behind his neck. The 1969 D penny coins are worth around $12 if they're in a mint certified state, according to Cointrackers. However, certain factors like coin condition and rarity can further increase its value. In 1944, the Philadelphia Mint only made 30 steel pennies. He faces right in the portrait, with the mint mark and mint year placed in front of his chest. "acceptedAnswer": { The coin was sold for $58,201.50 on January 4 to an online bidder. , its a great choice if youre looking for a solid investment piece that will likely retain value in the long term. Your email address will not be published. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. Click here to Learn How to use Coin Price Charts. steel weight 2.7 grams 82s 3.1. Ed. Iron coins react strongly and will let the magnet lift the coin. It was the first coin manufactured in steel by the United States Mint. During World War II, the war effort required a lot of copper to make shell casings and munitions. 1950 Lincoln Penny Value. In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66. Rare 1964 pennies worth money! The 1944 Steel Penny is one of the most expensive coins in existence. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. 03-22-2012 Stack's Bowers. 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. The coin comes with the text "In God We Trust" alongside the top of the piece, and "Liberty" on the left hand side. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? The quantities produced for that year of 1943 at the various mints were: Philadelphias production of these 1943 Steel Lincoln Pennys tripled the output of the second-largest production mint, Denver. As it was produced in error, theres only one mint type for the 1944 Steel Penny. One of then looks like lady liberty and Lincoln are kissing on the reverse. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. 1 Oz Pure Silver One dollar front of Lady.And On its back are two wheat leaves, appearing on either side of the central legend which became known as the wheat penny. I weighed it and it weighs 2.9 grams. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. If you happen to spot one in your wallet or down the back of your sofa, keep in mind that the coin is only worth what someone is willing to pay. (see Pics). 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). 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! What do the Wall Street wolves say? If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the \"about\" page on my channel. The steel cents were often confused with the dime, causing some folks to lose 9 cents (or more) in a cash transaction. The Jefferson Nickel has a weight of 5 g. CoinBin.com is a project started in 2013 and originally launched as a coin marketplace. . So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite valuable and sold for over $1.7M. 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. How much a steel penny is worth is very dependent on the condition of the coin. 1943 D & P Steel Wheat Penny "War Time" 6 coin lot . Less than two dozen are known in MS67 condition with none being graded higher. I also have 1943 steel penny with no mint. More about rare coins and coin values from the author: Are Silver & Gold Magnetic? Start by weighing the coin. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. Thanks for the great back story about the 1944-D Zinc. Not sure what they r worth. } My email is [emailprotected] I would appreciate any help. Incidentally, we refer to them as pennies instead of cents because thats what 1-cent coins are called in the United Kingdom. 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. } 1. But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? Would THIS COIN BE IN THE NEIBORHOOD OF A ZINC PLANCHET LIKE THE ELUSIVE 1943 COPPER PENNY. Another important quality is the date - only 1964 pennies can be part of this unique group. . This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. Pedigree and History. Learn how to tell if you have one too. 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. Free shipping. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. }, 1909 S VDB Penny (Shop eBay) Lincoln Penny Errors (Shop eBay) Walking Liberty Half Dollar (Shop eBay). When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. 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. Given their novelty, they also make great gifts. In 1943, all pennies were meant to be zinc-coated steel. 1943 saw a switch to a zinc-coated steel composition to help save copper for World War II ammunition, although the coin confused many people, as it was regularly mistaken for a dime. Email us at exclusive@the-sun.com or call 212 416 4552. Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. Save my name, email, and website in this browser for the next time I comment. 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. Both these coins were Wheat Pennies, so they had Lincoln on the front and two wheat sheaves at the back. Im starting a new series every other week highlighting a different coin you may find in pocket change or in a collection worth money. 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. Year: 1964 Mint: D Type: Jefferson Nickel Ok, didnt see this one about 15 cents well circulated, its in Whitmans Red Book. Their value lies in their novelty. ] 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.. This includes the wheat sheaves on the Wheat Penny (1909 to 1958), the Lincoln Memorial on the Memorial Penny (1959 to 2008), the four designs on the bicentennial penny (2009), and the Union Shield Penny we still use today (2010 to date).

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