1943-D type Lincoln Bronze Penny - $1.7 million. Thus there are only two copies in MS68+, 154 copies in MS68 and 110 copies in MS67+. 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. The moral of this story is two-fold. They may be copied and reproduced without restriction as long as, 1943 Steel Penny Values Chart 2023 (Up to $348,000). The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Beautiful Coin! It was also susceptible to rust, which leads to issues with the overall condition in the present day. Please email value@coinvalueinvestor.com to receive an estimated price. Year: 1964 Mint: D Type: Jefferson Nickel A litany of tests and patterns followed for the emergency composition, including plastic and glass. Free shipping. A great coin with a great story behind it and the documentation to prove it.. If you do NOT already have 1944 in your coin investment portfolio, make a chance now! It was graded as an MS 66 by NGC (Numismatic Guaranty Corporation) and weighed 2.6g instead of the standard 2.7g. Because of their relative rarity, 1944 P Steel pennies fetch a premium. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? This penny has visible doubling on the front of the coin. As it was produced in error, theres only one mint type for the 1944 Steel Penny. 1943 D American Steel Lincoln Wheat Cent Uncirculated Denver Mint Penny. 1964 Lincoln Copper Penny With L in Liberty On Edge Error No Mint Mark (Rare) $400.00 Free shipping 1964 D Lincoln memorial penny with error on L in Liberty. The obverse (heads side) of the 1944 Steel Penny has a portrait of Abraham Lincoln, the 16th President of the United States. The 1964 D Penny is not really valuable as a large number of them were produced. C $1.89. POP TIL YOU DROP WATER DOWN SAY GOODBYE SO LONG Six discontinued frozen foods from Trader Joe's you'll never see again Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). need help identifying. There are so many errors it's Jefferson Nickel struck on a Copper Penny planchet error. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. Take full advantage of our site features by enabling JavaScript. Their steel counterparts are much more common. According to PCGS, a coin classified as MS68 SMS is worth a staggering $27,500. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. 1964-D penny (Denver mintmark under the date) - 3,799,071,500 (about 3.8 billion) minted; 10 to 25+ cents 1964 proof penny - 3,950,762 minted; $1+ 1964 SMS penny (special mint set) - approximately 30 estimated to be minted; $5,000+ *Values are for coins in uncirculated grade, proof finish, and special mint set finish. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. The coin was slightly underweight at 2.6g instead of 2.7g. Please Contact me Im trying to Sale. It was the first coin manufactured in steel by the United States Mint. Step 3: Special Qualities - Certain elements either enhance or detract from value. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. 1944 Steel Penny Values. 1943 P D S Wheat Lincoln 3 Penny Set beautiful set see pics. eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. Hello new to site, I have 2 1943 pennies one stamped with s another just 1943, was wondering if there is any worth? And a Real brown Copper ? Some 1943 coins were labeled as tin cents, but the 1944 coins were steel cents, minted from low-grade carbon steel coated with zinc. These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. i have a 1944 d white steel wheat penny my father left a big lunch pale full of mexican coins u.s coins queen elizabeth coins that he would save before my father died. Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. He was born on 12th February 1809 and assassinated on 15th April 1865. Mint and a Rare S over S RPM Lincoln Error Cents a Big Set of all different Coins . 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). A coin in average condition has an estimated value of at least $77,000. AND 1893 1 OZ GOLD TWENTY. This paved the way for an emergency composition for the one-cent coin as well. Listen to this post about the 1943 steel penny or keep reading below: The steel penny may seem like a random anomaly to some. Im starting a new series every other week highlighting a different coin you may find in pocket change or in a collection worth money. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. Anyone know what its Worth ??? Is it such a error? Visit eBays rare coins and search 1994 Steel Penny. Specifications Type: Lincoln Penny Year: 1964 Face Value: $0.01 Composition: 95% copper, 5% zinc Total Weight: 3.11 grams The US minted the 1964 penny with no mint mark and also the 1964 D penny. Rare 1964 pennies worth money! Required fields are marked *. Of course, when a penny is worth more than $85,000, you'd expect a few counterfeit examples to be floating around out there. You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book. Because copper was considered a strategic metal during World War II, there was an effort to find an alternative metal to produce pennies. PCGS is not responsible for the accuracy or authenticity of Ebay listings. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. The penny was posthumously introduced to mark what would have been his 100th birthday. Thus, alternative metals were considered for minting coins. 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 If it sticks, you could be in luck. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. The 1943 silver-colored penny is a wartime coin issue made of steel and coated with zinc. Free shipping for many products! We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. Many years ago, a false rumor spread around the country that Henry Ford would trade a new car in exchange for the fabled 1943 copper!. 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. More than four million coins are said to have been minted by the Denver Colorado Mint in 1969. During the war years (1944 to 1945), copper, tin, and nickel were required for weapons and military equipment. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. The 2 I have no mint brown in color and weighs 2.7 grams. It weighed 2.79 grams? Assay Office. 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). Find this page useful? What do the Wall Street wolves say? Refresh your browser window to try again. I have recently found another 1944 steel wheat penny. Given their novelty, they also make great gifts. Based on various factors. 5- 1 OZ GOLD SOUTH AFRICAN KRUGERRAND. To learn more about each error simply click on the read more link. The 1964-D is common in circulated grades up to MS64. NGCs web site says it has graded one MS62, and one MS63. DDO/DDR. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. 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. Top-level specimens in grades of Mint State-67 or better can go for much more, sometimes hundreds or even thousands of dollars. Year: 1959. The S-marked penny comes from the San Francisco mint. As mentioned above, 1943 copper pennies are rare and valuable. Their rarity is one reason theyre so expensive, but its also down to the coins composition. The 1943 steel cent was produced during the height of World War II. 1950 Lincoln Penny Value. To find out if your small change could be worth a fortune, check how much the specific coins are selling for on eBay. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? didnt like to cary change in his pocket. If so please share it with your friends and help us grow. Latest Offers, Straight To Your Inbox. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. Copyright 1995-2023 eBay Inc. All Rights Reserved. "name": " Why is the 1944 penny rare? 1) 1943 copper composition ( not magnetic, red copper colour) $300,000 The 1943 steel penny with no mintmark is usually worth between $3 and $10. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. The most valuable steel penny is a 1943-D. Let me explain. First, there are great, rare coins that have yet to enter the market. Hi I have a 1944 Steele penny how can I sell it, I have several wheat pennies. Alternatively, you could use a magnet to check out the steel content contained within. Hi Judith. 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. Graduations higher than MS67 are rarer and more highly rated. It may also help to know where these 1944 steel cents came from. The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy. 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! One is a 1944 penny that in the yr the 9 is bigger then the other numbers. "text": "To know if your 1944 penny is steel please find a magnet and test to find out if it is the valuable steel penny or not as steel will stick to the magnet." However, copper and nickel were also integral in making coins. The 1964 D Penny is a coin minted by the United States Mint in Denver. THANK YOU A E Turgeon. Image: USA CoinBook. Also standard to these coins, the 1964 penny has a diameter of 19mm and a mass of 3.11 grams. Yes! These coins had some problems though. Transitional errors can happen when a coin's composition changes, but the old dies are used. Have a rare coin but are unable to ID it? At the same time, residents were feeling the economic pinch, so they hoarded specie coins (gold and silver), melting them for bullion. I just submitted to Great Collections a 1943 steel penny. ***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. Multiple (8) PCGS MS67RDs. In MS67 it is one of the tougher dates from the 1960's especially from the Denver Mint. Without further ado, lets dissect the 1944 Steel Penny, including typical values, the history of the coin, and exactly why its worth so much in the first place. A coin in average condition has an estimated value of at least $77,000. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. In MS 63, the highest recorded selling price was over $1.1M. 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. Find many great new & used options and get the best deals for 1964 D Lincoln Memorial cent/ Penny at the best online prices at eBay! In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. 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. 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 . Your email address will not be published. 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. Only a handful of 1944 steel pennies were minted, which explains their pricing. If relevant buyers thought a steel Walker was a coin, it would be worth more than a million dollars. Last year I interviewed him for CoinWeek about his interest in coins and his expertise on silver dollars . 3 1878 Silver One Dollar. I have a 1943 I want to say its missing clad layer but it looks dark rustic but can still see detail and olny weight 2.63?? what is this mark lewis, I have the same penny that weighs 2.9 g how do I sell that please help me, Hits like 43 penny to a magnet with little rust. The rest were steel. These materials, including copper and nickel, were used for producing ammunition and artillery. Coin Opp 1.7M views 5. "@type": "Question", I suggest re-reading this article: all these facts I have stated are direct quotes easily found if you care to read again? But why were these odd coins made, what are they worth, and how does a hobbyist go about collecting 1943 steel cents? We've sent you an email to confirm your subscription. 1955 D/D in Date Other Areas. Le sugiero que consulte el libro rojo de Whitman. His column for CoinWeek, The Coin Analyst, covers U.S. and world coins and precious metals. } (30% off), Sale Price 75,789 The 1964 penny with no mint mark and the 1964 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. } I have a 1943 d steel wheat pennyit has a mark under the word liberty looks a 3 or & or an 8 . The 1943 copper penny is extremely rare and valuable. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. Start by weighing the coin. Strike errors include such things as broadstrikes and off-center coins. found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. Back to home page Return to top. It weighed 3.11g instead of the expected 2.7g. Apart from its distinct metal composition (including semi-metals like antimony), the 1944 steel penny is a wheat penny. Keep a coin scale handy to conveniently distinguish those 1943 tin pennies from their 1944 steel cousins.
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