If you are lucky enough to find one, their value can range from $1,000 and up. 2.) need help identifying. At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. I have a 1943 wheat penny with no mint mark on it and I want to know how much is it worth? According to PCGS, a coin classified as MS68 SMS is worth a staggering $27,500. With limited copies and the majority being worth tens of. 1943-D type Lincoln Bronze Penny - $1.7 million. At the same time, residents were feeling the economic pinch, so they hoarded specie coins (gold and silver), melting them for bullion. It will give you an idea of the amount of money that the coin is going for. 4.) A 1964d penny can be worth from $2 to nearly $5,000. note: This article is periodically updated to reflect the current price of most valuable coins. During 1943 no Lincoln Steel Penny was minted in Proof quality. } Top Rated Plus. 1943 Lincoln Steel Cent Penny Set PDS Mint WW2 Warhawk Fighter Plane World War. Original Price 20,000 These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. Theyre official coins made with permission from Congress and were all coined in 1943 and 1944. The Official Red book: A Guide Book of United States Coins. While 1943 copper cents weigh about 3.11 grams and don't stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. The information about the coin owned by Mr. Estes client appears here with the permission of Steve and Debbi Estes. This may not sound like a lot, but it's still 119,900% its original value. Ron Guth: Canadian penny cent coins catalog with values, images, prices, photo $12.95. Join us today for FREE! PCGS is not responsible for the accuracy or authenticity of Ebay listings. How much is a regular 1969 s penny worth? - TimesMojo The obverse (heads side) of the 1944 Steel Penny has a portrait of Abraham Lincoln, the 16th President of the United States. Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. The process happened on the planchet sheet the blank sheet that gets cut into discs for minting coins. What do the Wall Street wolves say? Steve Estes (http://www.steveestes.com) is a Portland, Oregon dealer who has in been in business since 1963, and who specializes in classic American coins, especially Morgan and Peace dollars. I got two wheat pennies. Above the bust, you can read the legend In God We Trust, behind him (i.e. The mint mark, when present, can be found on the obverse side of the coin below the date. The coin which Mr. Estes client brought in that received an MS61 must not have yet been added to NGCs population report. DONALD TRUMP "45TH PRESIDENT" COLORIZED IKE EISENHOWER $1 COIN. 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. . These coins had some problems though. A 1944 D Steel Penny in AU 53 sold for over $37,000. "name": " How do I know if my 1944 penny is steel? Start by weighing the coin. I have a 1943 steel wheat penny that Id like to check the value on. According to Heritage Auctions, It was his habit to swap a regular cent for a steel cent whenever he found one in change. If theres any value Im considering selling. 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. But lets focus on steel pennies. San Francisco was the mint with the lowest number of units produced of the 1943 Lincoln Steel Penny, over 190,000,000. Zinc-coated steel is an unstable alloy, and many of the coins suffer from some form of damage or rusting. (10% off), Sale Price 14,000 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. (30% off), Sale Price 75,789 Out of 4,000 known coins with this double D variant, only 200 units have an MS65 or higher graduation, and therefore are much more valuable and coveted by collectors. "@type": "Answer", The circulated one cent coin is a so-called D penny from 1969, featuring 16th PresidentAbraham Lincoln. I tried the magnet but it does not stick and the weight it slightly different then a all copper penny, any suggestions? Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! Coleccionistasdemonedas.com Estimated Value of 1943 Steel Penny today is: In average grades can be found between $0.09 and $0.14. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. 4- Silver bullion Round 2015. Hi I have a 1944 Steele penny how can I sell it, I have several wheat pennies. This paved the way for an emergency composition for the one-cent coin as well. From the years 1938 to 1964 the mint mark was on the reverse on the far right next to Monticello. please explain? 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. The 2 I have no mint brown in color and weighs 2.7 grams. First of all, get some scales ready! There are instances of MS-65 Full 5 Step versions of the 1964 D Nickel selling for more than $500 at auction. The steel used on these coins was fairly low grade, infused with carbon, and topped with zinc to add a touch of luxury. 1. found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. 1964 D Lincoln Memorial Penny Coin Value Prices, Photos & Info Could someone tell me what I have? The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? ", The one-year experiment left a lasting legacy when the Mint inadvertently struck minuscule numbers of 1943 cents in bronze and a slightly greater number of 1944 cents in steel. I also have 1943 steel penny with no mint. 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. Very few known specimens remain and its value, independently of the graduation, is of several hundreds of thousands of dollars. They didnt announce it for fear of hoarding, so while people did notice their absence, no official record appeared until 1959. And Tons of Silver and Gold Coins from all Over the World. Read the article about left over material etc. You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book. Between the date and the mint mark (s) is another 4. 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. Yet the coin has a vital connection to an international historical event. & Walking Lady Liberty Authenticity Us Bank Note United State ( Space Force ) 2 dollar. Tried picking up with magnet and it didn't stick . Hello new to site, I have 2 1943 pennies one stamped with s another just 1943, was wondering if there is any worth? Earlier sources listed all the 1944 steel cents as errors because the pennies were intended to return to their 95% copper content that year. It weighed 3.11g instead of the expected 2.7g. The 1944 Lincoln Cent is a wheat penny, so the reverse (tails side) has two ears of durum wheat with One Cent and United States of America between them. Grading a 1943 Steel Penny Obviously, condition has a huge effect on the 1943 penny values. 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. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. Learn more. Generally speaking, the penny is known as the Lincoln Cent because it bears his image. } 26,000, 37,143 So many 1964 Kennedy half dollars were made and saved the value is just for the silver, about $5.00 What is the value of a 1964 US cent with out a. 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. Heritage has sold several such coins 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. You can easily see the doubling if you look at the top of it, above Lincoln's head, where it reads, "In God We Trust." These pennies are scarce, but there are more out there somewhere. I've been collecting and/or studing U.S. coins since 1964 Author has 455 answers and 127.5K answer views 1 y They are silver in color. In its terms and conditions, eBay states that bidders enter a legally binding contract to purchase an item, but theres no way to enforce this rule. Transitional errors can happen when a coin's composition changes, but the old dies are used. Original Price 37,143 Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. ", Has Wear And Signs Of Use. 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. "@type": "Answer", "@type": "Question", 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. In 1943, all pennies were meant to be zinc-coated steel. 1943 Lincoln Wheat cent, steel composition. Numismatic collector with a passion for history, particularly Spanish history. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. 50 Pesos On Coin Gold 37.5 G. Oro Puro And Aztec Gold Calenda + C $1.25 shipping. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. Its dimensions devices and edges are similar to its siblings from other years. Examining the coin, There is no plating and appears to be in it's pre-dip state. In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66. 93 sold. Here you can see 2020 prices in different grades: It is not difficult to find the 1943 Denver Lincoln Steel Penny in medium or even high qualities. Rare 1964 pennies worth money! What is the value of a 1964 US 50 cent coin? Yes,it's true,no 1964 steel Cents exist that were intentionally issued. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. So when steel pennies popped up marked 1944, they attracted interest among collectors, resellers, and speculators. But for the record, steel cents or zinc-coated pennies are not mint errors. } If it sticks to the magnet, you could be in luck. Etsy is powered by 100% renewable electricity. 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? 1776 We Are One Continal Currancy large Coin 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. Letter of Authintic American Mint . Both these coins were Wheat Pennies, so they had Lincoln on the front and two wheat sheaves at the back. 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. Ed. Email ID@coinvalueinvestor.com, and we will attempt to ID the coin and provide an estimated value. From 1982, that changed to 97.5% zinc coated with 2.5% copper for coloration. The 9 was bigger than the other numbers on that issue. The views expressed may come from different individual authors and may not necessarily reflect those of the website or other organization. 1960's D Penny Steel/Silver??? Help!!! - Coin Talk Click here to Learn How to use Coin Price Charts. 1959 Wheat Penny Value Guides (Rare Errors, D, and No Mint Mark), 1983 Penny Value Guides (Rare Errors, D, S and No Mint Mark). Of the 217,660,000 1943 Lincoln Steel Pennies minted in Denver, only a few, out of 4,000, are double-minted with the initial/mint mark (D).This double minting is very easy to discover since the second D is more displaced from the first. ***Primary Source(s): http://varietyvista.com***Social Media Links (Website, Instagram, Facebook, Twitter, More):https://linktree.com/treasuretownActive Affiliate Links - Purchase Items Through Them To Support Treasure Town:https://linktree.com/treasuretownaffiliatesLinks to Sources I Use (PCGS, Heritage, VV, eBay, More):https://linktree.com/treasuretownsources***All materials in these videos are used for educational purposes to inform and build community around coins, and fall within the guidelines of fair use. The coin is 19.05mm in diameter and 1.5mm thick. If you do NOT already have 1944 in your coin investment portfolio, make a chance now! 1943 d steel penny uncirculated | eBay Would THIS COIN BE IN THE NEIBORHOOD OF A ZINC PLANCHET LIKE THE ELUSIVE 1943 COPPER PENNY. *by JM Bullion 1943 D Penny Value In 1943, 217,660,000 pennies came out from the Denver mint. Rare 1964 D Penny - Etsy Lets look at these silver-colored coins and find out what theyre worth today. I have a true 1943 penny that doesnt stick to a magnet and steeel pennies that are steel and do stick to a magnet and I have different variations of 1943 pennies that are like experimental 1943 pennies that look brown and steel my email is [emailprotected] please email Ill send pictures and well talk on phone free after. Top-level specimens in grades of Mint State-67 or better can go for much more, sometimes hundreds or even thousands of dollars. While 1943 copper cents weigh about 3.11 grams and dont stick to a magnet, the more common steel cents (which weigh 2.7 grams) adhere to a magnet. Why Are 1943 Copper and 1944 Steel Lincoln Cent Errors So - CoinWeek 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. 3 1878 Silver One Dollar. Wrong planchet errors are very rare and the odds are against it! Tons of 1999 Pennies With AM large. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. We've also rounded upthe most valuable error coins worth hundreds. 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. 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. Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. It was sold at the Heritage Platinum event held at the recent FUN show in Florida. 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. How much a steel penny is worth is very dependent on the condition of the coin. What you think. It seems to be steel under and looks nice. However, certain factors like coin condition and rarity can further increase its value. 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. Thats 0.0005 inches. And 1943 Steel Penny Value: How Much They Are Worth Now - Gainesville Coins "name": " Why is the 1944 steel penny so valuable? In 2008, this coin was sold for $373,750. } 1 Oz Pure Silver One dollar front of Lady.And 1944 pennies were made using the leftover steel sheets from 1943. To enable personalized advertising (like interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. To avoid this, many coins dated 1944 to 1946 were infused with copper from recycled brass shells. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. 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. This global conflict saw the United States military's involvement from 1941 through 1945. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Email us at exclusive@the-sun.com or call 212 416 4552. One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. Original Price 84,211 The 1943 copper penny is extremely rare and valuable. Valuable pennies to look for! 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. 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. Indeed I submitted the bid online,and my family and I were high-fiving when we won! I have two 1944 penny's one with D mint one with no mint. eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). Learn how to tell if you have one too. The "D" mint mark on the coin indicates that it was minted in Denver. Copper cents weigh 3.11g while steel cents weigh 2.7g. PRO-TIP: The 100% best way to check the latest values of the 1944 . 1964 Penny Worth Money - How Much Is It Worth And Why? 1943 D Penny for sale | eBay 1950 Penny Value | Discover its Worth - CoinStudy Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. Search the full name of the coin, select the "sold" listing and then toggle the search to "highest value". How much is a 1964 penny worth? And the four reverse designs from 2009 celebrated Lincolns bicentennial. Try using a different browser or disabling ad blockers. A dealer does not stay in business for almost 50 years unless he or she treats their customers well. "acceptedAnswer": { Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. Sell now These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. Zinc, silver, tin, and nickel coins barely respond. Something went wrong. Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. Prices are slightly higher than 1944 P pennies (no mint mark). Save my name, email, and website in this browser for the next time I comment. Some steel dies from the previous years Lincoln Steel Penny were used to manufacture 1944 copies in steel. Some of the technologies we use are necessary for critical functions like security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and to make the site work correctly for browsing and transactions. This metal composition was meant to continue until 1946. I found a 1944 d silver penny its in good condition try to see how much there worth. { Thanks for the great back story about the 1944-D Zinc. Double Die Nickel errors occur when the die strikes the nickel planchet more than Rare Coins. In 1944, the Philadelphia Mint only made 30 steel pennies. Mr. Golino, (3) $36.98 FREE shipping. So the one that is worth so much, does it have to stick to be the real deal? These materials, including copper and nickel, were used for producing ammunition and artillery. 1944 bronze cents are common, but a few of the steel-coated zinc coins were minted that year by mistake. PCGS The Standard for the Rare Coin Industry. View Etsys Privacy Policy. Alternatively, you could use a magnet to check out the steel content contained within. 75,789, 84,211 Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze.. Please email value@coinvalueinvestor.com to receive an estimated price. The Ultimate 1964 Penny Value Guide - U.S. Coins Guide The publics rejection of the 1943 Steel Lincoln Penny. I definitely recommend getting it authenticated! Coleccionistasdemonedas.com is an independent website. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. The history of the 1943 Lincoln Steel Penny dates back to the intervention of the United States of America in World War II (1941-1945).Many resources were scarce or rationed during the years of World War II. Copyright 1995-2023 eBay Inc. All Rights Reserved. COIN collectors could make a mint if they spot a rare penny in their wallet, with one coin recently selling for $2,010 on eBay.