Question: How Do I Know If My 1944 Penny Is Real?

Is a 1944 penny worth anything?

CoinTrackers.com has estimated the 1944 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $6..

What Penny is worth millions?

1943 Bronze Lincoln “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.

How do I sell my wheat pennies?

Selling Wheat Pennies to dealers often takes place in person. Old wheat pennies are heavy, a roll of 50 coins is expensive to send through the mail. Finding a local dealer to meet at either their shop or at a coin show is economical.

How many 1943 copper pennies are accounted for?

Approximately 40 1943 copper–alloy cents are known to remain in existence.

How do you know if a penny is real?

The easiest way to tell if you have a true Copper cent or a plated one, is to test it with a magnet. A magnet will be attracted to Steel and stick to the coin if it is only plated.

What is the rarest penny?

1943-D Lincoln Bronze Cent But the rarest of all is this single known example from the Denver mint. It is the most valuable penny in the world.

Why is a 1943 penny so valuable?

Eventually, they decided to use steel to make the pennies in 1943. … About 40 copper pennies were struck in 1943. One possible reason for this is because the copper plates were accidentally left in a few machines. While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more.

What makes a 1943 steel penny rare?

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. The 1943 copper cents are extremely rare and valuable. Only a couple dozen pieces were made, and each is worth about $100,000.

What years of wheat pennies are valuable?

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.

What makes a 1944 wheat penny valuable?

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

How do you know if your 1944 wheat penny is steel?

The Magnet Test 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. Basically, if your penny sticks to the magnet, it is a steel penny, and if it does not, it is copper.

How rare is a 1944 copper penny?

1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade.

Which Wheat Pennies are worth a lot of money?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

How much is a 1943 penny worth today?

Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.

Which 1944 penny is worth a lot of money?

A ‘MS-63’ grade 1943 copper or 1944 steel is worth much more than any regular ‘MS-63’ grade Lincoln Wheat cent. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. It was then NGC graded as MS-66. This realization is an auction record for any kind of Lincoln cent or cent error.

What is a 1944 steel wheat penny worth?

CoinTrackers.com has estimated the 1944 Steel Wheat Penny value at an average of $77234, one in certified mint state (MS+) could be worth $110,334.

What year pennies have errors?

1982The most valuable 1982 penny is a transitional error caused by the move from 95% copper to 99.2% zinc composition. It’s the 1982-D “small date” Lincoln Memorial cent made from copper. There wasn’t supposed to be any “small date” bronze Lincoln cents struck in Denver in 1982.

What is the most expensive penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

What year is the steel penny?

19431943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper.

What are pennies made of 2020?

The coin was larger and made of pure copper, while today’s penny is made of copper and zinc. In 1857, Congress told the Mint to make the cent smaller and to mix the copper with nickel. People found the smaller cent easier to use. The new cents showed a flying eagle on the front and a wreath on the back.

How can you tell if a 1982 penny is different?

If your Lincoln Memorial penny has a date before 1982, it is made of 95% copper. If the date is 1983 or later, it is made of 97.5% zinc and plated with a thin copper coating. Solid copper pennies weigh 3.11 grams (+/- 0.130 g.), whereas the copper plated zinc pennies weigh only 2.5 grams (+/- 0.100 g.).