} In July an AU example garnered $23,000, and an AU-53 coin sold last January for $37,375. Sorry, if the penny fails to stick to a magnet, its a fake. PCGS puts the number at seven and has only certified one example, an MS 62. First of all, get some scales ready! Original Price 84,211 The leftover steel planchets that were used to make a small number of 1944-D cents thus created one of the great rarities in modern U.S. 1964 D Penny - Collecting Coins Its official mix of metals is 99% low-grade carbon steel with 1% zinc coating to protect the coin against rust. 1964 penny no mint mark | eBay Lets dig deeper to mine the precious secrets of 1944 Steel Penny Value. This theory suggests that when standard 1944 bronze coins were being coined, the handful of 1944 steel planchets that remained jammed in the minting machines got minted and mixed into regular bronze cents. Check to see if it falls into one of the categories on this list. (10% off), Sale Price 14,000 At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. 1964 Penny Value Guides (Rare Errors, "D", "SMS" and No Mint Mark) During 1943 no Lincoln Steel Penny was minted in Proof quality. If so please share it with your friends and help us grow. When she spoke to Mr. Estes, he asked if a magnet attracted the coin, and she said it did. How much a steel penny is worth is very dependent on the condition of the coin. Above the bust, you can read the legend In God We Trust, behind him (i.e. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. & Walking Lady Liberty Authenticity Us Bank Note United State ( Space Force ) 2 dollar. Year: 1964 Mint: D Type: Jefferson Nickel I don't understand what you mean , my comment is awaiting moderation. Original Price 37,143 Examining the coin, There is no plating and appears to be in it's pre-dip state. Penny (Canadian coin) - Wikipedia DDO/DDR. To avoid this, many coins dated 1944 to 1946 were infused with copper from recycled brass shells. Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British . The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. So those 40 or so steel pennies from 1944 ended up being quite pricy. USA Coin Book Estimated Value of 1943-D Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.33 in Average Condition and can be Worth $3.30 to $11 or more in Uncirculated (MS+) Mint Condition. To make these coins, a core of carbon steel was electrolyzed to coat it with 0.013mm of zinc. 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. I am in the process of it being sent to pcgs. , { Ive done the magnet test and it passed the test. In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. 1993 D Lincoln Cent - Error - Coin Community Forum Copyright 1995-2023 eBay Inc. All Rights Reserved. The process happened on the planchet sheet the blank sheet that gets cut into discs for minting coins. The United States Mint eventually acquiesced to the concerns of the public. } A 1943 steel wheat penny that is attracted to a magnet, in used condition is worth maximum 20c. You can see an example in the photo below. I have So Much to List. You also need to be aware that even if your coin sells on eBay for a high price theres no guarantee that the buyer will pay up. It is relatively easy to know if your coin has a high value. 50 Pesos On Coin Gold 37.5 G. Oro Puro And Aztec Gold Calenda CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, Park Avenue Numismatics online Encyclopedia of U.S. coins, New Novel About Coin Collecting, One of a Kind. 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. This instantly creates one of the most gorgeous, unique, and handsome rare coin in the galaxy. This metal composition was meant to continue until 1946. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. "@type": "FAQPage", 2022 Coleccionistasdemonedas.com | Valuable Coin Collecting & Numismatic Magazine. 1964 D Rare Penny AU Very good condition. The 1943 steel penny with no mintmark is usually worth between $3 and $10. The consequences were that on many occasions, merchants lost 9 cents in change.Another reason for the rejection of the 1943 Lincoln Steel Penny was that the zinc oxidized quickly, leaving the coin dark gray and almost black. In the year 1944 something very similar happened but in reverse. Most 1943 Lincoln pennies in worn grades (average condition) trade for around 10 cents to 25 cents apiece. } Each of the two 1944 pennies could be worth around $5 or more, depending on their condition. "text": "The 1944 steel penny is so valuable because the 1943 and 1944 pennies are the only ones to be made out of steel, therefore, being coins that are pennies!" Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. Zinc-coated steel is an unstable alloy, and many of the coins suffer from some form of damage or rusting. In low grades, a 1943 or 1944 penny is only worth its face value. in the field on the left) the word Liberty and on the right, the date and mint mark are inscribed, Denver or San Francisco. The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. In other words, you're not guaranteed to get thousands if you have a similar one. As mentioned above, 1943 copper pennies are rare and valuable. Just keep reading! In 2021 it was updated taking a more modern approach to things. A coin in average condition has an estimated value of at least $77,000. This indicated the coin was made of steel rather than copper like most 1944-D cents. An error penny is any one-cent coin that was misstruck during production at the U.S. Mint. Believe it or not I was going through a lot of 350 wheat pennies. 1959 Wheat Penny Value Guides (Rare Errors, D, and No Mint Mark), 1983 Penny Value Guides (Rare Errors, D, S and No Mint Mark). They differ in Suffix, Minor Variety, and Die Variety only. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. 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. Important redesigns and alterations were affected by Lincolns birthdays as well. Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. If you think you might have found an elusive 1944 steel penny, heres what to do. Typical examples in uncirculated condition usually realize $1 to $5. A great coin with a great story behind it and the documentation to prove it.. Image: USA CoinBook. 2.) In this article you will learn in a simple but profound way what a 1943 Steel Penny is, list of rarities that make them highly valuable for collectors and most important which are the most expensive. 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. It will give you an idea of the amount of money that the coin is going for. Given their novelty, they also make great gifts. And 1943 D American Steel Lincoln Wheat Cent Uncirculated Denver Mint Penny. Double Die Nickel errors occur when the die strikes the nickel planchet more than Rare Coins. Alternatively, you could use a magnet to check out the steel content contained within. Walking Liberty half dollars. Graduations higher than MS67 are rarer and more highly rated. It does stick to a magnet. It sounds like a case of po-tay-toh po-tah-tow, but there you go! Lets check its specifications. A copy of the 1944 Lincoln Steel Penny MS64 was auctioned off in 2013 for a price of $158,625. These materials, including copper and nickel, were used for producing ammunition and artillery. The penny was posthumously introduced to mark what would have been his 100th birthday. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. The Official Red book: A Guide Book of United States Coins. 1944 bronze cents are common, but a few of the steel-coated zinc coins were minted that year by mistake. 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Rare 1964 D Penny - Etsy When I did I seen it is a 1993 D. Looking online, I see they didn't re-make a steel penny, in 93. What is the most expensive penny? Because copper was considered a strategic metal during World War II, there was an effort to find an alternative metal to produce pennies. 1943 saw a switch to a zinc-coated steel composition to help save copper for World War II ammunition, although the coin confused many people, as it was regularly mistaken for a dime. Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. (adsbygoogle = window.adsbygoogle || []).push({}); 1964 D Thomas Jefferson Nickels have been widely produced and the lower end versions of this coin are only worth the face value of .05 USD. This is what makes the coin different to the Lincoln Memorial and Wheat coins, which were both minted in Philadelphia. Something went wrong. Buy at the bottom, sell at the top. During World War II, the war effort required a lot of copper to make shell casings and munitions. If you do have one, it would be worth tens of thousands of dollars. In 2010 this coin was worth $118k In 2022, only $3k! How to tell if you have a 1974 aluminum penny - Quora Try using a different browser or disabling ad blockers. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Your email address will not be published. 1944 D Lincoln Wheat Cent : Steel Cent - USA Coin Book 1962 D US One Cent - $4,000 United States Penny sold at auction No copyright infringement is intended. You've already signed up for some newsletters, but you haven't confirmed your address. 1964 D Lincoln Memorial cent/ Penny | eBay Tests were conducted without success with materials as diverse as glass or even plastic.Finally, it was decided to manufacture the 1943 Lincoln penny with low-grade steel with a zinc coating while maintaining the same design and diameter. How much is a regular 1969 s penny worth? - TimesMojo Send me exclusive offers, unique gift ideas, and personalized tips for shopping and selling on Etsy. Their steel counterparts are much more common. 1943 Steel Penny Value: How Much They Are Worth Now - Gainesville Coins "@type": "Answer", In 1943 steel was used to make pennies, instead of copper, because copper was needed for the U.S. war effort. DOLLARS IT LOOK LIKE (CC) UNDER THE EAGLE TAIL. Our posts do NOT contain affiliate links. 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. Wasnt sure if there is any value., also I do have a 1944 w dime (super shiney compared to other coins) I believe there is an s on the other side to small for me to read, is there any value there? If it sticks to the magnet, you could be in luck. Hi Kelli. The information about the coin owned by Mr. Estes client appears here with the permission of Steve and Debbi Estes. Their value lies in their novelty. (3) $36.98 FREE shipping. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. The moral of this story is two-fold. Refer to the images to correctly identify the variety of your coin. Hello, I have A strange looking coin if I 1964 is a key date as the coins mint mark would move from the reverse to the obverse 1964 D is a key date as the coins mint mark would move from the reverse to the obvers 1938 was the first year the Thomas Jefferson Nickels were produced. He faces right in the portrait, with the mint mark and mint year placed in front of his chest. Generally speaking, the penny is known as the Lincoln Cent because it bears his image. 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. In MS65 they are a little harder to find but probably many still in original and even opened rolls. 75,789, 84,211 Whether its an error penny, variety penny, or key date penny, the pennies worth money are often worth big money - and Im here to show you what to look for via a discussion of where the error or variety is on the coin and then close up pictures of it. Margeauxscoins.   Japan   |   English (US)   |   (JPY), remembering account, browser, and regional preferences, remembering privacy and security settings, personalized search, content, and recommendations, helping sellers understand their audience, showing relevant, targeted ads on and off Etsy. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. "@type": "Answer", It was minted in the three mints, Philadelphia, Denver and San Francisco.It had its origin in the unused plates of the previous year, 1942 (click here to know about 1942 wheat penny), which were still minted in copper, and in the use of these. And even though it's the only 1964 Penny with a mint mark, its value isn't that high. According to the Heritage Auctions catalog description for the MS61 example that sold during the FUN action, This example, despite being pulled from change, was awarded a Mint State grade in its recent certification by NGC. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. 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! Start by weighing the coin. And a Real brown Copper ? 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. Join us today for FREE! }, 1909 S VDB Penny (Shop eBay) Lincoln Penny Errors (Shop eBay) Walking Liberty Half Dollar (Shop eBay). Zinc, silver, tin, and nickel coins barely respond. One of then looks like lady liberty and Lincoln are kissing on the reverse. we have around 6,000 pennies. She believed the coin was real and was frustrated that she could not find anyone who would take her seriously. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). They made over a billion in total, and the priciest 1943 D Steel Penny sold for over $1.7M in 2010. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. Would THIS COIN BE IN THE NEIBORHOOD OF A ZINC PLANCHET LIKE THE ELUSIVE 1943 COPPER PENNY. Theres only one mint type for the 1944 Steel Penny. To learn more about each error simply click on the read more link. Hence, these are relatively common coins and are worth relatively little collector value in circulated grades. Im fairly confident that if anyone has a 1943 silver coloured wheat penny thats magnetic, itll be the most common found thus worth 4-20 cents. CoinBin.com is poised to become a primary digital resource for this decade, and the next. I have a 1943 d steel wheat pennyit has a mark under the word liberty looks a 3 or & or an 8 . $4,025 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. 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. didnt like to cary change in his pocket. NGCs web site says it has graded one MS62, and one MS63. I just submitted to Great Collections a 1943 steel penny. The 1943 copper penny is extremely rare and valuable. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. What is the value? AND 1893 1 OZ GOLD TWENTY. If you have insider information regarding the penny number count or would like to sell one, please email sales@coinvalueinvestor.com. In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66. my normal scales that weigh to the milligram have been lost and I'm unsure of the others calibration although pre '82 weigh 3.1 and post 2.5. this penny weighs 2.9 consistently as I go back and forth between it 1964 and 1998 Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. On Back Right to Bear Arms with Cannon. PCGS graded 3 unsold 1964 D Pennies in MS 67+ at $4,750. But lets focus on steel pennies. Step 2: Grading Condition - Judge condition to determine grade. Has Wear And Signs Of Use. And Tons of Silver and Gold Coins from all Over the World. Is this worth anything. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? 805 sold. Visit eBays rare coins and search 1994 Steel Penny. In the center, and in descending order appears the inscription E-Pluribu-Unum, ONE CENT and below UNITED STATES OF AMERICA. 1943 Bronze composition (looks brown or red but magnetic) $? Please. 1943 Steel/Zinc composition in uncirculated condition, no mint mark is a Philadelphia coin: un minted, this is rare. The woman shared additional information and documentation about the coin with Mr. Estes. 1943 Steel Penny Value: How Much is it Worth Today? - Something Borrowed Thanks for the great back story about the 1944-D Zinc. - eBay Money Back Guarantee - opens in a new window or tab, - for PayPal Credit, opens in a new window or tab, Report this item - opens in new window or tab, Great seller never had a promblem getting my order thank u, 1955 D Lincoln Wheat Cent/ Penny (#255987058480), 1912-P LINCOLN WHEAT CENT / PENNY (#255984321193), 1943 D Lincoln Wheat Cent/ Penny ** ww2 steel war Cent * (#255985247490). Heritage has sold several such coins over the years. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? One of the. On its back are two wheat leaves, appearing on either side of the central legend which became known as the wheat penny. 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. This is the rule with an exception made for wartime nickels minted from 1942-1945. Check out the price chart for the top coins in this series. The 1943 Lincoln Steel Penny was cast at three mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S). Those partners may have their own information theyve collected about you. These coins had some problems though. After all, low-grade coins with valid errors could score hundreds of dollars! I have a 1943 s penny it has 2 mint marks both s cant find out anything about it help please, I have a couple 1943 steel that have the 1943 mercury dime front and back not full coin print but a lot.the marks there you can see. Due to the vast sums they sell for, theres a not-insignificant black market, with several fakes and forgeries being sold at any time. Likely, a few steel planchets (a plain metal disc used to create a coin) were leftover from 43, when steel could be used instead of cash. However, the government decided to drop steel cents by the end of 1943. These so-called shell case cents, struck through 1946, consist of 95% copper and 5% zinc. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. The Buffalo Nickels is the king of kings in natural beauty and is one of the prettiest U.S. coins ever struck. 1964 D Penny Value A total of 3,799,071,500 pennies carry the 1964 minting date. ", There are two main theories. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. The coin was slightly underweight at 2.6g instead of 2.7g. Value I have a 1942 Wheat Penny. 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. 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. Die errors include filled dies, die cracks, and die doubling. 1955 D/D in Date Other Areas. However, copper and nickel were also integral in making coins. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America - $499.99. Click here to Learn How to use Coin Price Charts. The woman then met with Mr. Estes, who could immediately tell the coin was real based on his decades of experience as a coin dealer and expert numismatist. A 1964d penny can be worth from $2 to nearly $5,000. Louis Golino is a coin collector and numismatic writer, whose articles on coins have appeared in Coin World, Numismatic News, and a number of different coin web sites. Step 3: Special Qualities - Certain elements either enhance or detract from value. 1964 Penny Worth Money - How Much Is It Worth And Why? Find this page useful? It was. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. The rest were steel. It may also help to know where these 1944 steel cents came from. "acceptedAnswer": { When locked, you will be scrolled directly to this table for all coins. But the initials VDB only appear on the obverse, at the cut-off of Lincolns shoulder. Mr. Golino, If you choose eBay, remember to set a minimum price that is higher or at the very least equal to the face value of the coin - or you'll make a loss. Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze.. Will you please contact me at the address listed with any information you have available. 3 1878 Silver One Dollar. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. Sell now steel weight 2.7 grams 82s 3.1. This was accomplished by using copper shell casings gathered from military training facilities. There are probably more in original rolls but getting harder to find. 1943 Jefferson Nickel struck on a steel cent planchet. That common misperception likely stems from the popularity of the well-known 1943 bronze cents. and new product arrivals. According to Heritage Auctions, It was his habit to swap a regular cent for a steel cent whenever he found one in change. Tons of 1999 Pennies With AM large. And 1943 Steel (Silver) Penny: Background and Value - The Spruce Crafts Top Rated seller. Most steel pennies are worth between 20 cents and 20 dollars. Steel Wheat Pennies were minted in 1943 and 1944. 1944 pennies were made using the leftover steel sheets from 1943. Anyone know what its Worth ??? 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. Creative Commons 3.0 no derivative works license, Most valuable rare Australian coins list and Value, Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS, In April 2021 a 1943 Bronze Penny MS62 Brown PCGS CAC achieved. I have two lincoln pennies 1944 tryed magnet test did not stick one has copper look the another newer look can tell me more about these pennies. After 1964 the mint mark was moved to the obverse (front) of the Nickel. A coin in average condition has an estimated value of at least $77,000. Incidentally, we refer to them as pennies instead of cents because thats what 1-cent coins are called in the United Kingdom. Why Are 1943 Copper and 1944 Steel Lincoln Cent Errors So - CoinWeek Steel pennies have iron in them. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. Since the main material that made up the coin was steel, new dies had to be used and changed from time to time because the hardness of the steel soon wore them out. Scarcer than the 1943 Lincoln Steel Penny is the 1943 Lincoln Penny made from copper, with an unknown coinage. There are only 7 known 1944-D steel pennies in existence. Only the 1943 pennies were planned in steel. How do I know if my 1943 steel penny is worth money? This penny has visible doubling on the front of the coin. Save my name, email, and website in this browser for the next time I comment. Ironically, the transition back to the normal bronze composition in 1944 reversed this situation! GeeChocVarietyShop. The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy. need help identifying. my normal scales that weigh to the milligram Aproximadamente 15 centavos. First, there are great, rare coins that have yet to enter the market. The coin which Mr. Estes client brought in that received an MS61 must not have yet been added to NGCs population report. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite valuable and sold for over $1.7M. If it sticks, you could be in luck. Mint: D. Type: Lincoln Penny. Does anyone think the mint will change the composition of the penny again? ***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.