The coin was sold for $58,201.50 on January 4 to an online bidder. 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. PCGS.com is also a solid rare coin sales destination online. The 3rd U.S. President Thomas Jefferson is proudly displayed on the United States Nickel (5 cent piece). This indicated the coin was made of steel rather than copper like most 1944-D cents. An Oregon woman contacted Mr. Estes a couple of months ago about a 1944-D steel cent she had inherited. Free shipping. Due to the above reasons, they switched to the Wheat Penny composition of 95 percent copper and 5 percent zinc. This paved the way for an emergency composition for the one-cent coin as well. 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. The rest were bronze cents, and they made over 1.4B of those. 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. As it was produced in error, theres only one mint type for the 1944 Steel Penny. Join us today for FREE! 1964-P Proof Lincoln Penny. You can also tell its a fake by simply looking at it. Theyre visually similar but the tin cents are slightly heavier and will not respond to magnets. Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. Do you have a 1944 Steel Penny or any rare coin but dont know the value? Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. 1943 d steel penny uncirculated | Coins & Paper Money, Coins: US, Small Cents | eBay! Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, This Denver-minted penny coin features 16th President Abraham Lincoln, The piece racked up 25 bids on eBay and ended up selling for $2,010, Check your pocket change as a rare Lincoln penny error coin could earn you money. After just one year, in 1944 the US Mint resumed using a copper-based composition for the Lincoln cent. In MS 63, the highest recorded selling price was over $1.1M. "mainEntity": [ Best of luck finding one of these awesome 1964 pennies. The 1959 D version of the Lincoln Penny is worth on average $65.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $0.01 . Sellers looking to grow their business and reach more interested buyers can use Etsys advertising platform to promote their items. His column for CoinWeek, The Coin Analyst, covers U.S. and world coins and precious metals. The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. Currently, the prices of rare coins and metals (aka hard assets) are at a fraction of their all-time highs. Theyre official coins made with permission from Congress and were all coined in 1943 and 1944. And in our opinion, one of the best in terms of an ultra-low-cost investment. "acceptedAnswer": { The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. This is somewhat different than the typical 95% copper, 5% tin and zinc composition generally used at the time for producing Wheat pennies. Thanks for the great back story about the 1944-D Zinc. 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). Please. However, the government decided to drop steel cents by the end of 1943. Image: USA CoinBook. No copyright infringement is intended. Ed. Nicknames for the 1944 Steel Penny include the zinc cent, the wartime cent, the wartime penny, the steel war penny, or simply the steelie. Beautiful Coin! 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. 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. I removed it, to look at, later. JBCOINSINC 200K views 3 years ago 5 modern Lincoln cents worth over $1,000 that can be found in pocket change! 5- 1 OZ GOLD SOUTH AFRICAN KRUGERRAND. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. A copy in certified mint state (MS+) condition could be worth $110,000 at auction. Because of their relative rarity, 1944 P Steel pennies fetch a premium. Iron coins react strongly and will let the magnet lift the coin. It is relatively easy to know if your coin has a high value. Slot machines often had magnets to catch fake coins, and these magnets would grab the steel pennies and jam the coin slot. So the one that is worth so much, does it have to stick to be the real deal? 4- Silver bullion Round 2015. (30% off), Sale Price 75,789 If it sticks to the magnet, you could be in luck. , { It may also help to know where these 1944 steel cents came from. 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. Both the obverse and the reverse were designed by Victor David Brenner. However, that zinc-iron combination was susceptible to spotting and staining. In 1944, only 7 steel pennies are known to exist with the D mint mark. Scarcer than the 1943 Lincoln Steel Penny is the 1943 Lincoln Penny made from copper, with an unknown coinage. The 1943 steel penny with no mintmark is usually worth between $3 and $10. please explain? Its zinc-coated steel composition makes this coin resemble a dime more than a typical U.S. penny. In 1943, this mint produced 191,500,000 pennies, and it was the lowest production that particular year. I tried the magnet but it does not stick and the weight it slightly different then a all copper penny, any suggestions? Lets look at these silver-colored coins and find out what theyre worth today. One of then looks like lady liberty and Lincoln are kissing on the reverse. "@type": "Answer", 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 anyone can help me, please send me an e mail thanks,the penny does stick to a magnet, k.c. When I did I seen it is a 1993 D. Looking online, I see they didn't re-make a steel penny, in 93. It was. 1943 Lincoln Steel Cent Penny Set PDS Mint WW2 Warhawk Fighter Plane World War. CANADA 2021 50 CENT BRILLIANT UNCIRCULATED HALF DOLLAR COIN. The 1969 D penny coins are worth around $12 if they're in a mint certified state, according to Cointrackers. The zinc was meant to aid the coins rust resistance since iron is so susceptible to oxidation and corrosion (aka rust). One of the main reasons was its confusion with the 10 cents in circulation at that time due to its silver appearance. need help identifying. 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. } Search the full name of the coin, select the "sold" listing and then toggle the search to "highest value". Our posts do NOT contain affiliate links. ***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. 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. 1959 Wheat Penny Value Guides (Rare Errors, D, and No Mint Mark), 1983 Penny Value Guides (Rare Errors, D, S and No Mint Mark). The coin was slightly underweight at 2.6g instead of 2.7g. 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. However, finding a Lincoln Steel Penny 1943 in grade MS68 or higher is a more difficult task if it comes from Philadelphia rather than either of the other two mints, so its value is higher in high quality. Please email [email protected] to receive an estimated price. Copyright 1995-2023 eBay Inc. All Rights Reserved. MS67 The best place to purchase a 1944 Steel Penny is eBay or Heritage auctions. Don't be the last to know about the latest deals First of all, get some scales ready! Ive done the Magnetic Test Plus Letter With Authinticy From SHARK & MORGAN AMERICAN MINT PLUS 1964 Lincoln penny Monster toned . Transitional errors can happen when a coin's composition changes, but the old dies are used. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? 3 1943 S Steel Pennies from SHARK AUCTION. Jaime Hernandez: The 1964-D is common in circulated grades up to MS64. 93 sold. Generally speaking, the penny is known as the Lincoln Cent because it bears his image. 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. But lets focus on steel pennies. Start by weighing the coin. There are two main theories. Only a couple dozen pieces were made and exist today, and each is worth about $100,000. It used to start at the edge of the coin, where the manufacturing process left the steel bare. In MS66 condition they become scarce with possibly under 1,000 available combined between raw and certified examples. 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. How much is a 1943-d steel penny worth in 2023? Hello new to site, I have 2 1943 pennies one stamped with s another just 1943, was wondering if there is any worth? Hi Kelli. Known errors. 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! The 1943 Lincoln Steel Penny was cast at three mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S). What is the value of a 1964 US 50 cent coin? Above the bust, you can read the legend In God We Trust, behind him (i.e. There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. Now is a superb opportunity to diversify your stock/ETF portfolio and aim for attractive returns with rare coins and precious metals. PRO-TIP: The 100% best way to check the latest values of the 1944 . , { } "acceptedAnswer": { It was sold at the Heritage Platinum event held at the recent FUN show in Florida. Next, use a magnet. The 1944 steel penny is worth between $85,000 and $110,000, depending on its condition. 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America - $499.99. 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. Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. Any value? As most coins from 60 years ago have dulled over time, a 1964 penny with a shiny finish should draw your curiosity. Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British . MORGAN .And 1 Copper Bill of Rights 1791. I do have a whole lot more wheat pennies dated back to 1918. { The process happened on the planchet sheet the blank sheet that gets cut into discs for minting coins. What is the value? These steel versions are the $6k maximum value coins. 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. Required fields are marked *. We Searched And Found It To Be Valuable. He faces right in the portrait, with the mint mark and mint year placed in front of his chest. 1943 D & P Steel Wheat Penny "War Time" 6 coin lot . Is this worth anything. I have a true 1943 penny that doesnt stick to a magnet and steeel pennies that are steel and do stick to a magnet and I have different variations of 1943 pennies that are like experimental 1943 pennies that look brown and steel my email is [emailprotected] please email Ill send pictures and well talk on phone free after. 1944 steel pennies weigh 2.7 grams, compared to 3.11 grams found with the ordinary copper coin. More to explore : In 2008, this coin was sold for $373,750. Hi I have a 1944 Steele penny how can I sell it, I have several wheat pennies. Learn more. When it comes to evaluating 1943 Lincoln cents, the duo of a magnet and gram scale has broken many hearts and burst many bubbles over the years. The tails side (reverse) has changed at least four times, but the heads side (obverse) honored Lincoln since 1909. found other old 1944 pennies also along with one white 1944 d steel penny.. but dont know if they worth anything. Le sugiero que consulte el libro rojo de Whitman. 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. So when steel pennies popped up marked 1944, they attracted interest among collectors, resellers, and speculators. 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 Also standard to these coins, the 1964 penny has a diameter of 19mm and a mass of 3.11 grams. "@type": "Question", The Buffalo Nickels is the king of kings in natural beauty and is one of the prettiest U.S. coins ever struck. Steel pennies have iron in them. The coin was designed by Victor David Brenner. According to USA Coin Book, about 40 steel pennies were minted in 1944. 2.) and new product arrivals. But once the war was over, the mint quietly recalled these steel pennies. During 1943 no Lincoln Steel Penny was minted in Proof quality. This unusual-looking Lincoln Wheat cent is unlike any other United States one-cent coin. If it sticks, you could be in luck. "@type": "Question", Plus, people often mixed them up with dimes (10c).