There is no right or wrong way to collect 1943 Lincoln cents. 1950 Lincoln Penny Value. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. This penny has visible doubling on the front of the coin. The "D" mint mark on the coin indicates that it was minted in Denver. Letter of Authintic American Mint . + C $1.25 shipping. The coin was sold for $58,201.50 on January 4 to an online bidder. 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. I found a 1964 Silver in Color Lincoln Penny with all my 1943 Steels , Come to find out its a Rare 1964 D, On a Dime Clad Planchet . With limited copies and the majority being worth tens of. Earlier this year 2022 we have seen a 1943-S Steel penny MS68 PCGS top out at $3,720 (source). I have a 1942 Wheat Penny. Penny 1953-1964 1953, 1954, 1955, 1956, 1957, 1958, 1959, 1960, 1961, 1962, 1963, 1964 bronze 19.10 mm., 3.24 g. 1 CENT / 1964 / CANADA / two maple leaves ELIZABETH II DEI GRATIA REGINA / Queen's head right KM#49 Coin value in UNC - $0.50-1.0 Penny 1965-1977 1965, 1966, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977 bronze 1821 to 1946 GeeChocVarietyShop. The 9 was bigger than the other numbers on that issue. Coleccionistasdemonedas.com Estimated Value of 1943 Steel Penny today is: In average grades can be found between $0.09 and $0.14. I found a 1944 and decided to clean it for fun. Don't be the last to know about the latest deals But starting in 1942, experimental coins were being developed to save on war metals. Prices based off high end conditions that have been certified. coinage., a coin which Heritage describes as having rarity and appeal that remain timeless. 26,000, 37,143 Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. It was the first coin manufactured in steel by the United States Mint. Both these coins were Wheat Pennies, so they had Lincoln on the front and two wheat sheaves at the back. { Click here to Learn How to use Coin Price Charts. Now covering; Cryptocurrencies, Precious Metals, and even World Coins. PRO-TIP: The 100% best way to check the latest values of the 1944 . Save my name, email, and website in this browser for the next time I comment. The tails side (reverse) has changed at least four times, but the heads side (obverse) honored Lincoln since 1909. $13.00. Value Find this page useful? According to Park Avenue Numismatics online Encyclopedia of U.S. coins , this effort resulted in the use of low-carbon steel coated with zinc, which quickly corroded; cents of this stuff were coined in 1943, and in 1944 some more accidentally coined on leftover steel banks, even as some 1943 cents had been coined on leftover 1942 bronze blanks. How much a steel penny is worth is very dependent on the condition of the coin. PCGS The Standard for the Rare Coin Industry. The coin is copper and features Abraham Lincoln on the obverse side and the Lincoln Memorial on the reverse side. 3.) ", - 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). The most valuable coins are usually those with a low mintage or an error, as they're deemed the most valuable by collectors. ), 1943 copper penny is extremely rare and valuable. "@type": "FAQPage", Their steel counterparts are much more common. There are two main theories. When you come across a 1943 Lincoln Steel Penny, the first question that comes to mind is what was the reason for creating this type of valuable coin made of silver more like a dime than a penny. Thanks for your time and consideration. According to Heritage Auctions, It was his habit to swap a regular cent for a steel cent whenever he found one in change. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. About 10 examples of this coin are believed to exist. As most coins from 60 years ago have dulled over time, a 1964 penny with a shiny finish should draw your curiosity. And MORGAN .And 1 Copper Bill of Rights 1791. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. This was accomplished by using copper shell casings gathered from military training facilities. Others claim the steel pennies were made using the planchets of Belgian 2-Franc coins minted in Philadelphia that year. Search the full name of the coin, select the "sold" listing and then toggle the search to "highest value". Would THIS COIN BE IN THE NEIBORHOOD OF A ZINC PLANCHET LIKE THE ELUSIVE 1943 COPPER PENNY. Confusing which is which between the two years could cost you dearly in your coin collection. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. The coin is 19.05mm in diameter and 1.5mm thick. The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. First, there are great, rare coins that have yet to enter the market. 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. Due to the vast sums they sell for, theres a not-insignificant black market, with several fakes and forgeries being sold at any time. View cart for details. 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. Any value? Iron coins react strongly and will let the magnet lift the coin. A dealer does not stay in business for almost 50 years unless he or she treats their customers well. DDO/DDR. Captcha failed to load. In MS65 they are a little harder to find but probably many still in original and even opened rolls. COIN collectors could make a mint if they spot a rare penny in their wallet, with one coin recently selling for $2,010 on eBay. This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. These coins had some problems though. When I did I seen it is a 1993 D. Looking online, I see they didn't re-make a steel penny, in 93. 1- 1943 penny and 1-1943-s penny. As it was produced in error, theres only one mint type for the 1944 Steel Penny. Of course, when a penny is worth more than $85,000, you'd expect a few counterfeit examples to be floating around out there. An error penny is any one-cent coin that was misstruck during production at the U.S. Mint. 1943 d steel penny uncirculated | Coins & Paper Money, Coins: US, Small Cents | eBay! Consistently earned 5-star reviews, shipped orders on time, and replied quickly to messages, Looks like you already have an account! The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. Multiple (8) PCGS MS67RDs. If it sticks to the magnet, you could be in luck. In 1943 steel was used to make pennies, instead of copper, because copper was needed for the U.S. war effort. In EF 40, thats about $30,000, but in MS 60, the price jumps closer to $60,000. 4- 1893. Learn how your comment data is processed. You've already signed up for some newsletters, but you haven't confirmed your address. The rest were steel. In 2014 an AU55 specimen was auctioned for $329,000. To avoid this, many coins dated 1944 to 1946 were infused with copper from recycled brass shells. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. 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. They may be copied and reproduced without restriction as long as, 1943 Steel Penny Values Chart 2023 (Up to $348,000). 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 most cost-effective replacement metal for the Lincoln penny was determined to be a 99% steel planchet with a thin layer of zinc plating. Aproximadamente 15 centavos. 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 what makes the coin different to the Lincoln Memorial and Wheat coins, which were both minted in Philadelphia. We Searched And Found It To Be Valuable. Please include 2 photos when making a value request. Theres only one mint type for the 1944 Steel Penny. There are few vintage coins as widely collected as the 1943 steel Lincoln penny. Most probably created by accident, this off-metal error coin relates to WWII. 1964-P Proof Lincoln Penny. A coin in average condition has an estimated value of at least $77,000. "name": " How do I know if my 1944 penny is steel? Year: 1964 Mint: D Type: Jefferson Nickel Turning off the personalized advertising setting wont stop you from seeing Etsy ads or impact Etsy's own personalization technologies, but it may make the ads you see less relevant or more repetitive. I have two 1944 penny's one with D mint one with no mint. View Etsys Privacy Policy. 1943-S JEFFERSON SILVER WAR NICKEL IN GEM BU CONDITION-WOW!! 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?? On the other hand, the minting of steel coins was officially stopped in December 1943, so technically speaking, all the 1944 steel pennies can be counted as error coins. 14,000, 20,000 You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book. Copper was traditionally used and was required for several military-related purposes as the U.S. battled Axis powers in multiple theatres. The steel cents were often confused with the dime, causing some folks to lose 9 cents (or more) in a cash transaction. More of these steel coins have popped up in recent years, so more errors may be listed and discovered. 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. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. Ron Guth: Lets dig deeper to mine the precious secrets of 1944 Steel Penny Value. Zinc-coated steel is an unstable alloy, and many of the coins suffer from some form of damage or rusting. Underneith the 943 there are the number 4. One is a 1944 penny that in the yr the 9 is bigger then the other numbers. 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! 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. 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. Double Die Nickel errors occur when the die strikes the nickel planchet more than Rare Coins. We've sent you an email to confirm your subscription. 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? 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. In 1944, the Philadelphia Mint only made 30 steel pennies. It does not stick to a magnet. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. Hi I have a 1944 Steele penny how can I sell it, I have several wheat pennies. Best of luck finding one of these awesome 1964 pennies. Slot machines often had magnets to catch fake coins, and these magnets would grab the steel pennies and jam the coin slot. One thousand nine hundred forty-four steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. There is only one piece in the maximum graduation, MS67+. Coins in order by date. The 1964-D is common in circulated grades up to MS64. So the one that is worth so much, does it have to stick to be the real deal? Lots of coin dealers list steel coins themselves as errors, but that was fully mint-sanctioned. During 1943 no Lincoln Steel Penny was minted in Proof quality. The 1944 Steel Penny is one of the most expensive coins in existence. Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. If you have insider information regarding the penny number count or would like to sell one, please email sales@coinvalueinvestor.com. 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! The 2 I have no mint brown in color and weighs 2.7 grams. And At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. Conversely, all 1944 pennies should have copper. A great coin with a great story behind it and the documentation to prove it.. Sale Price 26,000 Now is a superb opportunity to diversify your stock/ETF portfolio and aim for attractive returns with rare coins and precious metals. Since the coins were coated before minting, their edges quickly rusted in peoples hands. The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. And NGCs web site says it has graded one MS62, and one MS63. This set is commonly sold in mass-market offerings. In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. Earlier sources listed all the 1944 steel cents as errors because the pennies were intended to return to their 95% copper content that year. "@type": "Question", It weighed 2.79 grams? Alternatively, you could use a magnet to check out the steel content contained within. Step 2: Grading Condition - Judge condition to determine grade. He faces right in the portrait, with the mint mark and mint year placed in front of his chest. 1 Oz Pure Silver One dollar front of Lady.And note: This article is periodically updated to reflect the current price of most valuable coins. ] These listings cover the verified coins submitted to NGC or PCGS for grading. I am in the process of it being sent to pcgs. "mainEntity": [ 1943 D & P Steel Wheat Penny "War Time" 6 coin lot . That year was planned as the only year when pennies would have zero copper in them. I just submitted to Great Collections a 1943 steel penny. 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. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. I found an old 1943 s penny in Las Vegas this weekend. 3 1943 S Steel Pennies from SHARK AUCTION. Hi Judith. Check to see if it falls into one of the categories on this list. Die errors include filled dies, die cracks, and die doubling. Memorial Cents arrived on 12th February 1959, marking the 150th anniversary of his birth. Then they are sold via general-readership newspaper and magazine advertisements. Because of their relative rarity, 1944 P Steel pennies fetch a premium. 5- 1 OZ GOLD SOUTH AFRICAN KRUGERRAND. I weighed it and it weighs 2.9 grams. For its part, San Francisco Mint produced the lowest number of units during the year of 1943. The moral of this story is two-fold. Also, click here to Learn About Grading Coins. PCGS has more than 48,000 copies registered in MS60 or higher grades and halves to 24,000 copies registered in MS65 or higher grades.However, most of those registered units of 1943 D-steel pennies are in MS65 to MS67 grades. Try using a different browser or disabling ad blockers. In low grades, a 1943 or 1944 penny is only worth its face value. Numismatic collector with a passion for history, particularly Spanish history. 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). Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. They differ in Suffix, Minor Variety, and Die Variety only. 1943 Jefferson Nickel struck on a steel cent planchet. Click here to Learn How to use Coin Price Charts. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. Their value lies in their novelty. I have So Much to List. Its in rough shape but passes the magnet test. And even though it's the only 1964 Penny with a mint mark, its value isn't that high. ; Watch Out For Counterfeits. In Canada, a penny (minted 1858-2012) is a coin worth one cent, or 1 100 of a dollar.According to the Royal Canadian Mint, the official national term for the coin is the "one-cent piece", but in practice the terms penny and cent predominate. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! Thus, alternative metals were considered for minting coins. These materials, including copper and nickel, were used for producing ammunition and artillery. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. Theyre official coins made with permission from Congress and were all coined in 1943 and 1944. didnt like to cary change in his pocket. (The coin also didnt work well with existing vending machines.). DOLLARS IT LOOK LIKE (CC) UNDER THE EAGLE TAIL. Back to home page Return to top. These coins are k Full Steps Nickels are of key importance. There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. It sounds like a case of po-tay-toh po-tah-tow, but there you go! However, the government decided to drop steel cents by the end of 1943. PCGS graded 3 unsold 1964 D Pennies in MS 67+ at $4,750. In 1943, all pennies were meant to be zinc-coated steel. However, there are still millions of collectible 1943 pennies out there. The 1944 steel penny is a mistake, but its a wonderful one, and the reason for its existence in history is vital for the U.S. and the world itself. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. $5.20. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. It would help if you considered picking up these coins at a crack in quantities of 50 or more. In other words, you're not guaranteed to get thousands if you have a similar one. I have a 1944-d penny that seems to be steel by the coloralthough is discolored and appears to have some spots of corrosion. 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. After all, low-grade coins with valid errors could score hundreds of dollars! At the same time, residents were feeling the economic pinch, so they hoarded specie coins (gold and silver), melting them for bullion. Buy at the bottom, sell at the top. The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. if anyone can help me, please send me an e mail thanks,the penny does stick to a magnet, k.c. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. There are instances of MS-65 Full 5 Step versions of the 1964 D Nickel selling for more than $500 at auction. This global conflict saw the United States military's involvement from 1941 through 1945. NGCs Coin Explorer says that In 1943, with copper urgently needed for combat-related purposes, the Mint made Lincoln cents from zinc-coated steel. Anyone know what its Worth ??? Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. Word eventually gets around if a dealer sells overgraded coins, or takes advantage of less knowledgeable sellers. So many 1964 Kennedy half dollars were made and saved the value is just for the silver, about $5.00 What is the value of a 1964 US cent with out a. Something went wrong. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. With limited copies and the majority being worth tens ofthousands of dollars, its a great choice if youre looking for a solid investment piece that will likely retain value in the long term.
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