1944 Steel Wheat Penny Value

Another test you can conduct on your 1944 pennies is to weigh them. Some of the most valuable 1944 wheat pennies are made of steel. It s really easy to tell if you have a 1944 steel penny or 1944 copper cent.

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Only 27 of these steel pennies are known to exist so their value is higher than that of a standard copper penny from 1944.

1944 steel wheat penny value.

Click here to learn how to use coin price charts. 1944 steel wheat penny 7 500 200 000 the opposite case to the 1943 bronze coinage is the zinc plated steel coinage the 1944 wheat penny. Both coins are the result of printing errors and thus very few examples exist of either. This same 1944 s brought 373 750 when auctioned on july 31 2008 at an ana.

If your 1944 penny sticks to a magnet it s a steel cent and is rare. Usa coin book estimated value of 1944 s lincoln wheat penny steel cent variety is worth 380 303 in average condition and can be worth 705 710 to 1 057 179 or more in uncirculated ms mint condition. Source of example image is courtesy of heritage auction galleries usa coin book estimated value of 1944 lincoln wheat penny steel cent variety is worth 26 845 in average condition and can be worth 54 347 or more in uncirculated ms mint condition. The 1944 steel penny is worth between 75 000 and 110 000 depending on its condition.

Cointrackers estimates that these steel pennies are worth more than 77 000 each. 1944 lincoln wheat cents were made with metal recycled from ammunition shells. Unlike lincoln cents made from 1909 to 1942 which are 95 percent copper and 5 percent tin and zinc lincoln cents from 1944 1945 and 1946 were made with a. If they measure in at 3 11 grams each more or less they re of the ordinary copper.

1944 marked the return of copper to the lincoln wheat penny coins though the denomination wasn t struck with exactly the same composition as in 1942. Click here to learn how to use coin price charts. The 1943 copper cent with only 40 made and 12 known to exist today can command a price of around 150 000 to 200 000. The high numismatic values of these coins are the result of their extreme rarity.

A ms 63 grade 1943 copper or 1944 steel is worth much more than any regular ms 63 grade lincoln wheat cent. Watch out for counterfeits. The 1944 steel wheat penny is worth between 75 000 and 110 000 depending on its condition while the 1943 copper wheat penny is worth between 150 000 and 200 000. If your 1944 penny does not stick to a magnet it s made from copper and is common.

Also click here to learn about grading coins.

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