If your 1943 copper penny does not stick to a magnet and the last digit in the date "3" does not look like it was altered from a 1948 penny, then you should seek a second opinion from aqualified coin dealerfor a professional opinion. This coming is in very good shape and in my opinion is a MS 67-68. The mint mark is the wrong style and in wrong location. USA Coin Book Estimated Value of 1944 Lincoln Wheat Penny (Steel Cent Variety) is Worth $28,893 in Average Condition and can be Worth $58,491 or more in Uncirculated (MS+) Mint Condition. FREE delivery Feb 13 - 14. The copper version is worth around $100, so it does have some value. Another good way to check is search the web for pics of authentic examples in NGC or PCGS holders and compare the characteristics. $995. Most numismatists believe that a few copper planchets from 1942 got caught in a gap in the tote. We are exporting the best and premium quality porcelain slab tiles, glazed porcelain tiles, ceramic floor tiles, ceramic wall tiles, 20mm outdoor tiles, wooden planks tiles, subway tiles, mosaics tiles, countertop to worldwide. Here's a list of the top 10 most valuable pennies for 2023: The reason 1943 copper pennies are so rare is that all of them would have been released by error into the coin supply. These prices make the Grandpa passed away. The off-metal rarity is one of the few mint state examples of this error known to exist. I did the magnet test and it is indeed steel, but I question the second 4. Also, the public rejected this new coin. The problem is that it resembled a dime, so officials changed it back to copper, but they made it using spent shell casings. Susan also belongs to the American Numismatic Society (ANS) and CONECA (error and variety coins club). WebThankfully, there are several telltale signs to spotting a fake 1943 copper penny: It sticks to a magnet. If your 1943 penny does stick to a magnet, it's really made from steel and is not rare. Study now. There are a few very valuable error coins produced in 1943. Most dealers do not charge to have a look at your coins and give you an informal verbal appraisal. Once again, the totes contained a few zinc-coated steel planchets stuck in the crevices. Our coin forum is completely free! In 1944 the mint switched back to using copper to produce the pennies. 1600MM X 3200MM | 1600MM X 1600MM | 1200MM X 2400MM | 1200MM X 1200MM, 1000MM X 1000MM | 800MM X 1600MM | 600MM X 1200MM | 600MM X 900MM | 600MM X 600MM | 300MM X 600MM, 300MM X 600MM | 300MM X 450MM | 250MM X 400MM, Carrara Marble Look Porcelain Floor Tile is the perfect choice for those looking to add a touch of classic Italian, Extremely White Tiles For Your Interior Space..! They differ in Suffix, Minor Variety, and Die Variety only. It doesn't look quite right to me, especially the date. Fortunately, Lincoln cent experts atthird-partygrading servicescan tell the difference by closely inspecting the coin under a stereo microscope. Routing number of commercial bank of Ethiopia? You can test your penny yourself by seeing if it sticks to a magnet. Required fields are marked *. Toonie With Rim Issues. The manufacturing process for producing theplanchetswas also flawed. SEND IT IN TO PCGS AND PAY TO HAVE IT GRADED. This penny weighs 2.7 grams and is easily stuck to a magnet. They are worth about 10 to 13 cents each incirculatedcondition and as much as 50 cents or more ifuncirculated. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Chances are bout as good as hitting the Powerball.. It sticks to the magnet and it weights 2.6 grams, So it can be counterfeit but it sticks to the magnet and it weights 2.6 grams, Not many were known to be around it could be the real deal.It is hard to tell from the photo but the 4 on the end doesnot look like the other 4. Examine the inscriptions and date compared to an authentic 1944 cent. PCGS The Standard for the Rare Coin Industry. Susan B Weird Mint Marks And Oddly Coloured Ones? I am no expert that is for sure you may want to take it to someone local before sending it off. 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. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. They decided to use steel for the base metal and plate it with pure zinc. 1944 Steel Penny Values A coin in average condition has an estimated value of at least $77,000. Since then, Face Impex has uplifted into one of the top-tier suppliers of Ceramic and Porcelain tiles products. When they took these coins to a coin dealer, the coin dealer would hold a magnet over the penny, and the steel underneath the copper plating would attract the penny to the magnet. WebUSA Coin Book Estimated Value of 1944-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $409,304 in Average Condition and can be Worth $759,524 to $1,137,794 or more in Uncirculated (MS+) Mint Condition. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. Either way it would make sense to grade it andfind out! If you ever thought to discard the loose pennies in your coin purse, hold off. How to Tell If a 1944 Wheat Penny Is Steel. However, if you have a rare steel wheat penny, it could be worth more than $100,000. There is an inscription across the top that reads, In God We Trust.. The definition is poor throughout. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. Susan Headley is a well-respected coin collecting expert and writer with over 30 years of hands-on numismatic experience. Yeah, getting it authenticated by a. Started by If the tail of the last digit in the date, the number 3, does not extend well below the bottom of the other numbers in the date, it is probably a cut-in-half 8 (see the photo above). All rights reserved. Compared to the real deal (. ONLY YEAR IT WASN'T COPPER! Lincoln Wheat Penny Key Dates, Rarities and Varieties, The 1943-S Copper Penny Found by Kenneth Wing. Additionally, the site reports that the 1943 copper penny in perfect condition is quoted at $250,000 and in average condition could be worth more than $60,000. Make Offer: Lincoln Cent Doubled Dies And RPMS. 5.0 out of 5 stars 1. Also, you are correct that the 1944 S is the rarest. A 1944 D Steel Penny in AU 53 sold for over $37,000. Yes I did the magnet. 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. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Similarly, any 1944 steel pennies would have been released by error into the coin supply. For Sale: 1800 B-13 BB-193 Draped Bust Dollar! Despite the policy's of eBay, Paypal, and the sellerthe money will likely be very hard to PCGS CERTIFIED Professional Coin Grading Service (PCGS) - www.pcgs.com. Our company has made one of the best approaches towards customers that we supply premier quality products. While authentic steel pennies will stick to magnets, fakes that are copper and zinc-coated will not. $7.00 $ 7. The actual offer you receive from a particular coin dealer will vary depending on the exact grade of the coin and some otherfactors that determine its worth. Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Id want to know, because if it is real, regardless of grade, youve hit the jackpot, if not NGC will let you know or grade it. The bronze 1943 penny is one of the rarest coins in existence, and it sold for $204,000 in an auction in 2019. However, these pennies are zinc plated steel with a silver color, similar to the 1943 penny. If you think you have a steel penny, you should go to a third-party coin authenticator to find out. Most people believe that all pennies produced by the United States Mint are made of copper. You could be throwing away thousands of dollars. Is that common? The coin was sold for $58,201.50 on January 4 to an online bidder. It's leaving me crave Chinese food. PCGS is not responsible for the accuracy or authenticity of Ebay listings. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Sign up for NBC South Florida newsletters. One of the most unusual pennies produced by the United States Mint was the "1943 Silver Pennies." A copy in certified mint state (MS+) condition could be worth $110,000 at auction. The 1944 S steel penny, in average condition, can be worth around $400,000. Or fastest delivery Wed, Feb 8. 1944 Steel Penny How To Spot A Fake? Randy @ 4792875574,,God bless. MS64 1992 Close AM, Sovereign, 1913 Perth - Help Figure Grading. The 1944 S Steel Penny is one of the most valuable coins. Essential goods were rationed to American citizens using coupon books issued by the government. Theres also some sort of doubling or strike though. Once you have a silver colored penny from 1944, you can do a simple magnet test to find out if it is the valuable steel penny or not. The back of the coin has two inscriptions in the center. Free shipping for many products! Provenance is also an important clue. If you recently purchased it on eBay/etsy/Craigslist, I wouldn't be too optimistic.. The coining presses then produced 1944 pennies on zinc-coated steel planchets instead of bronze planchets. But This Might Be It . The manufacturing process resulted in bare steel exposed on theedge of the coin. Sign up for a new account in our community. "This is one of the neatest of all mint errors, and there are probably less than five mint state pieces known to exist. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! 82722 Jun-2021 $180,000 MS64 Many people get excited when they see that they have a silver penny, but this could be steel or copper. Use the tests above to find out if you have one of these pennies, and have it authenticated as soon as possible. The 1944 no mintmark steel cent only has a reported mintage of 30, in comparison to more than one million minted in 1943. 1944 Steel Penny Errors I answered this in another question. A teacher walks into the Classroom and says If only Yesterday was Tomorrow Today would have been a Saturday Which Day did the Teacher make this Statement? Manuel maturino, May 2, 2021, My coin sticks to the magnet and it weights 2.6 grams, 1944 steel penny I wanna get it graded cause I looked it up and it sticks to the magnet and it weights 2.6 grams so does it mean it's real. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Prices are slightly higher than 1944 P pennies (no mint mark). Your email address will not be published. I JUST INHERITED A 1944 D STEEL PENNY IN VERY GOOD CONDITION IT WEIGHS 2.7 GRAMS AND STICKS TO A MAGNET. The US Mint was under contract to produce 2-Francs pieces for Belgium in that year, and the composition and weight of the planchets is indistinguishable from the 1943 "steelies. Not inserted in selling or nothing like that. A genuine steel penny is magnetic. While there is no silver in the penny, it looks silver and some people call them silver pennies. The D or S mintmark is found under the date on the coin. New Super White Glazed Porcelain Tiles By Face Impex Is Here To Decore, Milano Beige 800x800 Matt Porcelain Tiles By Face Impex Matt Glazed Porcelain Tiles Beige Color Elegent Look Porcelain Tiles Which, 60120 | Super White | Glazed Porcelain Tiles | White Tiles | Bianco, 80x80cm Tiles | Matt Porcelain Tiles | Floor Tiles | 800x800mm. Unfortunately, zinc oxidizes over time and turns into a dull and dark gray color. In 2008, a 1944-S steel cent in gem uncirculated sold for $374,000, making it the most valuable Lincoln cent ever sold at the time. ", Regency XVIII Preview | Legend Rare Coin Auctions | September 29, 2016. Early Jefferson Nickel Values 1938 - 1964, find out if your 1943 copper penny is genuine. IM NOT BUYING THAT AT ALL ! Just slightly so if plated with steel or nickel. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. The 1944 steel cent is noted on the holder as "Struck on Steel Planchet" rather than "Struck on 1943 Steel Planchet" because there is a possibility that the blank came from a 1944 Belgian 2-Francs coin. Only 14 left in stock - order soon. These coins are made to resemble a genuine 1943 Lincoln cent, and theChinese counterfeitersuse copperblanks so they won't stick to a magnet. Therefore, when someone finds one of these silver pennies in their pocket change, they believe they have come across a great rarity. During World War II, the war effort required a lot of copper to make shell casings and munitions. Who is Jason crabb mother and where is she? As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Powered by Invision Community, Location: Butt: Northern Alabama, Mind: South Central Pennsylvania. For Sale: 1877 Trade Dollar Opium Box Necklace Locket, For Sale: 6 Israel Silver Commemoratives At Melt + Shipping, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 1995, 1999, 2000 US Silver Proof Sets, For Sale: 1924-S Standing Liberty Quarter, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Sold: 20 American Silver Eagles 2012 In Original Tube, For Sale: Uncirculated American Innovation Dollars, For Sale: 1993 Mexico 20 Pesos Bi-Metallic Silver BU Coin, Coin Community Selling Rules - Updated Feb 23 2023, Coin information Types and Varieties, Overlays, Jefferson nickel doubled dies Wexler/Rebar complete listings, https://www.PCGS.com/coinfacts/coin-steel/82731. Anyone interested please email me at [edited] Thanks. You will want to keep this penny under lock and key because it is very valuable. However, if it weighs 2.7 grams, it is a steel penny. A very common fraud involving the copper 1943 cent is to grind away part of the 8 in the date of a 1948 penny. Its an even with the rest of the date. 1974 D Extra Thickness In The Obverse Of The Coin. The blanking press punched coin blanks punched out of it. As the zinc coating wore off the steel core, the exposed steel underneath began to rust. $1,700,000.00 PENNY. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Were you guys able to find out if it was real? If your penny has a copper colored appearance, here is how you can authenticate it and tell if it is a genuine 1943 solid copper penny or a fake one. So called errors, Coin information 5. Do homework,and if can afford,a really good investment! 2.7 GRAMS. The 1943 steel cent is so common and low in value that no one bothers making fakes. I have ran into a 1944 steel penny about a few months and didnt realize what I had in my possession.So I gave it the magnet test.It stuck to my magnet and its weight is 2.7. The 1944 Steel Cent is a very rare off-metal striking created when 1) a steel blank left over from 1943 was struck in the normal production run of 1944 Bronze Cents or 2) a steel blank meant for a foreign coin accidentally made it into a bin of bronze cents. This is a fairly reliable test, and if you find that you have the elusive 1944 steel wheat penny, you have something with significant value. On my 1944 steel Wheat penny and I tested its weight its is 2.7.It is the real deal.I now am going to get it graded. In 1944 the composition was changed as the cents were made of "shell case bronze" from recycled shell cases for the next two years. So, here are the key aspects to note about this coin as designed by Victor David. Important note: Until recently, PCGS certified 1944 Steel Cents under their Mint Error program, which assigned the coins certificate numbers which were subsets of the normal 1944 Bronze Cents. These can be valuable. With that level of wear, a real Zn-clad steel penny does not look like yours. Failing that, might show it to a local dealer. If they believe it is authentic, you can ask them to submit it to a third party grading service on your behalf. Though the war was still on, the US collected the metals from their military training areas. The steel cents were officially issued only in 1943, as copper was needed for the war effort. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. Idk where to go I'm from Dallas texas and I just don't want to go to just anybody. The 1944 steel penny is rarely on the market. It's the COPPER '43 that has fakes out there. If the coin sticks to the magnet, it's a copper-plated steel, and therefore a fake. To help the war effort by eliminating copper from U.S. pennies, the United States Mint came up with a new metallic composition for the one-cent piece. The 1944 steel wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. WebSearching Old Pennies - Found a Fake 1944 "Steel" Penny! Web50 Coin Roll Lot Of 1943 Steel Lincoln Wheat Cent Random Mints War Time Pennies. piece weighed 2.69 and 2.75, tolerances overlapped , WebIn 1944 the US mint accidentally produced some steel pennies. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. https://www.PCGS.com/coinfacts/cointeel/82731). Metal was not the only commodity that was critical to the war effort. Some people got it confused with a dime that is almost the same size. #penny #sixfigures #money #foryou Build a B*tch 80K timetotravel007 Timetotravel007 3.1Mviews 80K Likes, 441 Comments. American citizens were asked to conserve food such as sugar, meat, cooking oil, and canned goods. In 1944 the mint switched back to using copper to produce the pennies. Additionally, a professional numismatist may be able to tell the difference for you before you send it to a third-party grading service. 3,002 views Aug 5, 2016 16 At one time genuine 1943 Steel pennies were copper plated and sold as novelty items at coin shows and flea markets. Both steel pennies from 1944 and copper cents from 1944 appear silver in color. With only a few 1944 steel cents known to exist, these coins are truly rare. Read on to learn how to tell if a 1944 wheat penny is steel. WebThe first 1944 steel cent to be submitted to the Professional Coin Grading Service (PCGS) under its new Mint Error Program has been certified as authentic and graded MS60. What is the reflection of the story of princess urduja? As the coin began to circulate, it would turn ugly black, and the edges would rust. The 1943 Penny Was Minted in Steel, Not Copper. With that level of wear, a real Zn-clad steel penny does not look like yours. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. 1951-D 1 WRPM-078 Formerly Listed As WoMM-002?