According to Heritage Auctions, It was his habit to swap a regular cent for a steel cent whenever he found one in change. 1944 bronze cents are common, but a few of the steel-coated zinc coins were minted that year by mistake. In MS 63, the highest recorded selling price was over $1.1M. Prices are slightly higher than 1944 P pennies (no mint mark). Join us today for FREE! 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 . Several shallow, almost parallel diagonal abrasions are visible only at certain angles to the light, while a narrow streak of gray paler than the rest of the coins medium-steel hue is visible on the photograph of the coin printed in the newspaper. These coins recently sold for $325 and $1,801 respectively, but they bear no mintmark. They may be copied and reproduced without restriction as long as, 1943 Steel Penny Values Chart 2023 (Up to $348,000). Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. MORGAN .And 1 Copper Bill of Rights 1791. Fewer than a dozen of either have been authenticated, though ten-thousands of forgeries exist of the 1943 bronze.. 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. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. 10 Most Valuable Wheat Pennies Worth In 2023, 1981 Quarter Value, Error List, & Investment Outlook, 1957 D Wheat Penny Buyers Guide, Value, Errors, 1944 Steel Penny Value, Best Grades, Mint Types, 2021 Morgan Silver Dollar Value, Release Date, Mint Mark, 1951 D Wheat Penny Value, Top Varieties, Errors, & Outlook, 1928 Buffalo Nickel Value, Mint Types, Errors, 1920 Wheat Penny Value (No Mint Mark?) 4- Silver bullion Round 2015. Step 1: Date and Mintmark Variety - Identify each date and its mintmark variety. Underneith the 943 there are the number 4. "@type": "Question", PCGS The Standard for the Rare Coin Industry. Coleccionistasdemonedas.com is an independent website. Don't be the last to know about the latest deals and new product arrivals. Key and Semi-Key Dates to remember. Would THIS COIN BE IN THE NEIBORHOOD OF A ZINC PLANCHET LIKE THE ELUSIVE 1943 COPPER PENNY. Zinc-coated steel is an unstable alloy, and many of the coins suffer from some form of damage or rusting. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? 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. When you start looking at perfect mint state versions of this coin with all five steps on the reverse of the Monticello the price rises steeply. Beautiful Coin! Due to the above reasons, they switched to the Wheat Penny composition of 95 percent copper and 5 percent zinc. 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. The PCGS certifying company has graduated only 3 pieces of 1943 Lincoln Steel Penny in MS68+ grade from Philadelphia, 2 pieces for Denver and 5 pieces for San Francisco. Yes! Thus, alternative metals were considered for minting coins. The valuable 1943 wheat pennies are: C $1.89. But the initials VDB only appear on the obverse, at the cut-off of Lincolns shoulder. (30% off), Sale Price 75,789 And even though it's the only 1964 Penny with a mint mark, its value isn't that high. Our posts do NOT contain affiliate links. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. The coin was submitted for auction by Heritage Auctions of Dallas, Texas, the third largest auction in the world. Ive done the magnet test and it passed the test. How much a steel penny is worth is very dependent on the condition of the coin. But for the record, steel cents or zinc-coated pennies are not mint errors. 1970 PDS Us. From 1982, that changed to 97.5% zinc coated with 2.5% copper for coloration. And in our opinion, one of the best in terms of an ultra-low-cost investment. But it sure isnt your regular penny.. 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. Even though the United States Mint switched pennies from a steel composition to copper in 1944, some steel planchets were left behind in the presses, presumably by accident. Also standard to these coins, the 1964 penny has a diameter of 19mm and a mass of 3.11 grams. The 1943 copper penny is extremely rare and valuable. Given their novelty, they also make great gifts. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. Both are quite rare and valuable. The record price for a 1943 copper Lincoln penny is over $1.7 million at auction in 2010. There is only one piece in the maximum graduation, MS67+. The process happened on the planchet sheet the blank sheet that gets cut into discs for minting coins. 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. Could someone tell me what I have? Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. Original Price 37,143 I think they are steel how do i know what they are worth? I have a 1944 D penny which appears to be steel plus something else but does not stick to a magnet. Very rare I thought.Maybe you might be interested? Plus, people often mixed them up with dimes (10c). Coins in order by date. 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. 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. 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!. $6.99. The coin which Mr. Estes client brought in that received an MS61 must not have yet been added to NGCs population report. 21 sold. Some 1943 coins were labeled as tin cents, but the 1944 coins were steel cents, minted from low-grade carbon steel coated with zinc. The diameter remained 19.05 mm and the portrait of Abraham Lincoln stayed the same. Their rarity is one reason they're so expensive, but it's also down to the coin's composition. From the years 1938 to 1964 the mint mark was on the reverse on the far right next to Monticello. Click here to Learn How to use Coin Price Charts. Hello new to site, I have 2 1943 pennies one stamped with s another just 1943, was wondering if there is any worth? 805 sold. Only a handful of 1944 steel pennies were minted, which explains their pricing. If it sticks, you could be in luck. You can either choose to sell the coin on eBay or through a specialist site such as Coinappraiser or USA Coin Book. 1943 P D S Wheat Lincoln 3 Penny Set beautiful set see pics. Please Contact me Im trying to Sale. And What is the value of a 1964 US 50 cent coin? Margeauxscoins. "name": " Why is the 1944 steel penny so valuable? These coins do have browning. "acceptedAnswer": { "@type": "Question", Read the article about left over material etc. In low grades, a 1943 or 1944 penny is only worth its face value. There are so many errors it's Jefferson Nickel struck on a Copper Penny planchet error. Thanks for the great back story about the 1944-D Zinc. CoinTrackers.com has estimated the 1964 D Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $12. , { 3 1878 Silver One Dollar. Will you please contact me at the address listed with any information you have available. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Keep in mind that anyone can view public collectionsthey may also appear in recommendations and other places. Their steel counterparts are much more common. Learn how your comment data is processed. eBay may have a more excellent selection, but Heritage typically has the higher value 1944 Steel Penny up at auction. To find out if your small change could be worth a fortune, check how much the specific coins are selling for on eBay. But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000 or any specific coin index. Last year I interviewed him for CoinWeek about his interest in coins and his expertise on silver dollars . Their value lies in their novelty. This type of data sharing may be considered a sale of information under California privacy laws. 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. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. The S-marked penny comes from the San Francisco mint. need help identifying. 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. No copyright infringement is intended. 1776 We Are One Continal Currancy large Coin The plan was to mint steel war pennies from December 1942 to December 1946, but in December 1943, the Treasury said they wouldnt make any more steel cents. 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. Sell now 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! Steel pennies have iron in them. I have a 1944 penny which appears to be copper. We do NOT maintain affiliation and sponsorship relationships with companies. These coins had some problems though. 14,000, 20,000 There are few vintage coins as widely collected as the 1943 steel Lincoln penny. 1964 Penny Series 1) 1964 Penny With No Mint Mark Type: Lincoln Penny Year: 1964 Face Value: $0.01 Composition: 95% copper, 5% zinc Total Weight: 3.11 grams (or over) Diameter: 0.750 in. However, the trio of business-strike Philadelphia, Denver, and San Francisco 1943 Lincoln steel cents constitute a very popular one-year short set. Listen to this post about the 1943 steel penny or keep reading below: The steel penny may seem like a random anomaly to some. What you think. Please email value@coinvalueinvestor.com to receive an estimated price. While there is no known mintage figure for the 1943-D/D Lincoln cent, its estimated that perhaps 3,000 to 5,000 examples may exist across all grades. Back to home page Return to top. 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. This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. More to explore : 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?? Other coins that have the same coloration include silver, nickel, tin, and zinc-laced coins. We've sent you an email to confirm your subscription. 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. Word eventually gets around if a dealer sells overgraded coins, or takes advantage of less knowledgeable sellers. 1943 D American Steel Lincoln Wheat Cent Uncirculated Denver Mint Penny. 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. Year: 1959. , { !, W/H COA & STAND! I weighed it and it weighs 2.9 grams. An act of Congress in 1942 approved a provisional 35% silver composition for the nickel. *by JM Bullion 1943 D Penny Value In 1943, 217,660,000 pennies came out from the Denver mint. any advice you could help me with would be nice ,also accouple of 82 small date . Because of their relative rarity, 1944 P Steel pennies fetch a premium. You've already signed up for some newsletters, but you haven't confirmed your address. With limited copies and the majority being worth tens of. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. We Searched And Found It To Be Valuable. Conversely, all 1944 pennies should have copper. Aproximadamente 15 centavos. Ok so I have a steel 1943 s steel penny in great condition and it sticks to magnetics so is it worth anything. Any value? Etsy is powered by 100% renewable electricity. Set where you live, what language you speak, and the currency you use. Email us at exclusive@the-sun.com or call 212 416 4552. The rest were bronze cents, and they made over 1.4B of those. Take full advantage of our site features by enabling JavaScript. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. If you are fortunate enough to live near an expert dealer, try to get to know them and you will learn a lot of useful information that will help you get more out of the hobby of kings, or as others put it, the worlds greatest hobby. One of then looks like lady liberty and Lincoln are kissing on the reverse. So the mint switched to steel coins for a year. There are probably more in original rolls but getting harder to find. The Buffalo Nickels is the king of kings in natural beauty and is one of the prettiest U.S. coins ever struck. These pre-galvanized sheets were punched to make planchets, and the metal composition reduced the weight of these coins to 2.7g. 1944 S Steel Penny Value 1944 S Steel Pennies are the rarest of the bunch, with only 2 known copies. Interestingly, some 1943 steel cents were actually tin cents and had no iron in them. Start by weighing the coin. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. Believe it or not I was going through a lot of 350 wheat pennies. Welcome to the neighborhood! Of course, when a penny is worth more than $85,000, you'd expect a few counterfeit examples to be floating around out there. Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. 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 If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. I have a 1944 steel penny,that I got from my dad 25 years ago.who do I need to talk to about this? Lets dig deeper to mine the precious secrets of 1944 Steel Penny Value. Most 1943 steel Lincoln pennies arent worth much above their face value (one cent). 1943 P D S Wheat head Lincoln 3 Penny Set. They weigh 2.7g, and the most valuable one to date was a 1944 S Steel Wheat Penny. The substitute proved unsatisfactory, and from 1944 through 1946 the Mint instead used the brass alloy first tried in 1942; this lacked the small percentage of tin employed before and after the war. Assay Office. View cart for details. Die errors include filled dies, die cracks, and die doubling. Free shipping on many items | Browse your favorite brands | affordable prices. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. Free shipping for many products! Great! Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. Best of luck finding one of these awesome 1964 pennies. During 1943 no Lincoln Steel Penny was minted in Proof quality. 4- 1893. 1978. 1964 D Lincoln Penny Doubled Die w/ Tilted RPM! They were minted in 1943 and 1944. Also can i get it cross over from another company to weight it,because when i weighed it my self at home,it weighed 2.7 grams. If it sticks to the magnet, you could be in luck. 03-22-2012 Stack's Bowers. Wartime Nickels mint mark is on the reverse top center, only wartime nickels have an actual P mark. In 1943, almost 1.1B steel pennies were coined, but in 1944, less than 40 steel pennies were released from all three mints combined. 4.) In 2010 this coin was worth $118k In 2022, only $3k! It does not stick to a magnet. And. The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. The publics rejection of the 1943 Steel Lincoln Penny. It sounds like a case of po-tay-toh po-tah-tow, but there you go! Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? The steel used on these coins was fairly low grade, infused with carbon, and topped with zinc to add a touch of luxury. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. THANK YOU A E Turgeon. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. 1964-D 1964 D Lincoln Memorial Cent Copper Alloy Penny Mintage: 3,799,071,500 Minted at: Denver Designer - Engraver: Frank Gasparro Metal Composition: 95% Copper - 5% Tin and Zinc Diameter: 19 mm Mass / Weight: 3.11 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. 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! $5.20. AND 1893 1 OZ GOLD TWENTY. Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. Ive done the Magnetic Test Plus Letter With Authinticy From SHARK & MORGAN AMERICAN MINT PLUS 1943 Lincoln Steel Cent Penny Set PDS Mint WW2 Warhawk Fighter Plane World War. Your email address will not be published. Ok, didnt see this one about 15 cents well circulated, its in Whitmans Red Book. Buy at the bottom, sell at the top. It Does Cling To A Magnet. It is possible that this coin may be a wrong planchet/wrong metal error.This would be a coin struck on a planchet intended for another (probably foreign) issue. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. "acceptedAnswer": { coinage., a coin which Heritage describes as having rarity and appeal that remain timeless. If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. On Back Right to Bear Arms with Cannon. Step 2: Grading Condition - Judge condition to determine grade. The coin is copper and features Abraham Lincoln on the obverse side and the Lincoln Memorial on the reverse side. 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. The penny was posthumously introduced to mark what would have been his 100th birthday. You can also tell its a fake by simply looking at it. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. Have a rare coin but are unable to ID it? 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. The mintage year appears above the mint mark. but I cant find any info on anything like that. 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. Alternatively, you could use a magnet to check out the steel content contained within. So if you want to be sure your 1944 wheat penny is steel, test it with a magnet. ), 1943 copper penny is extremely rare and valuable. { The steel cents were often confused with the dime, causing some folks to lose 9 cents (or more) in a cash transaction. The "D" mint mark on the coin indicates that it was minted in Denver. Known errors. "name": " How much is a 1944 steel penny worth? 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. Guide, 1943 Walking Liberty Half Dollar Value & Buyers Guide. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. DDO/DDR. 1943 Lincoln Wheat cent, steel composition. 1- 1943 penny and 1-1943-s penny. A dealer does not stay in business for almost 50 years unless he or she treats their customers well. This is somewhat different than the typical 95% copper, 5% tin and zinc composition generally used at the time for producing Wheat pennies. Another important quality is the date - only 1964 pennies can be part of this unique group. PRO-TIP: The 100% best way to check the latest values of the 1944 Steel Penny is to visit the eBay Rare Coins page and search for recently sold 1944 Steel Pennies via the advanced search. Alternatively, you could use a magnet to check out the steel content contained within. A coin in average condition has an estimated value of at least $77,000. Tried picking up with magnet and it didn't stick . The coin was sold for $58,201.50 on January 4 to an online bidder. According to PCGS, a coin classified as MS68 SMS is worth a staggering $27,500. A 1943 steel wheat penny that is attracted to a magnet, in used condition is worth maximum 20c. Mr. Golino, I don't understand what you mean , my comment is awaiting moderation. Keep a coin scale handy to conveniently distinguish those 1943 tin pennies from their 1944 steel cousins. From 1909 to 1958 the U.S. penny was made of 95% copper and showed the bust of President Abraham Lincoln facing right to commemorate 100 years of his birth. Mint and a Rare S over S RPM Lincoln Error Cents a Big Set of all different Coins . A copy in certified mint state (MS+) condition could be worth $110,000 at auction. He has also worked for the U.S. Library of Congress and has been a syndicated columnist and news analyst on international affairs for a wide variety of newspapers and web sites. 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.
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