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). MS67 1964-D 1C, RD (Regular Strike) Lincoln Cent (Modern) - PCGS At EF 40, the coin sells for just under $400,000, while an MS 60 could earn close to $750,000. These sales are of course few and far between, so a more reasonable expectation is somewhere around the $225 to $275 USD mark. The rest were steel. Therefore, the Lincoln cent and Jefferson nickel became prime targets for temporary but necessary metallic alterations. 1962 D US One Cent - $4,000 United States Penny sold at auction 1943-D type Lincoln Bronze Penny - $1.7 million. It is relatively easy to know if your coin has a high value. So the 1943-D Wheat Penny that was accidentally struck in copper ended up being quite valuable and sold for over $1.7M. But starting in 1942, experimental coins were being developed to save on war metals. 1943 d steel penny uncirculated | eBay However, the chances of you possessing an actual 1974 aluminum penny are about one in a billion plus they are illegal to own. Because the front of the Lincoln Cent is always Abraham Lincoln, the coins are more often identified by their back imagery. Something went wrong. $4,025 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. It also required increasing the pressure on the coinage so that the designs would be well engraved on the steel disks. 1964 Penny Value Guides (Rare Errors, "D", "SMS" and No Mint Mark) These materials, including copper and nickel, were used for producing ammunition and artillery. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. 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. Free shipping. The 1943 copper penny is extremely rare and valuable. Top-level specimens in grades of Mint State-67 or better can go for much more, sometimes hundreds or even thousands of dollars. Confusing which is which between the two years could cost you dearly in your coin collection. Learn more. Save my name, email, and website in this browser for the next time I comment. If you think you might have found an elusive 1944 steel penny, heres what to do. Its thought that up to two dozen copies of the 1944 steel penny exist, but how was it made in the first place? Reading on one site they talked about some pennies sometimes rarely missing the copper dip (error) or the coin had been plated. PCGS graded 3 unsold 1964 D Pennies in MS 67+ at $4,750. Get the best deals on 1943 D Penny when you shop the largest online selection at eBay.com. From 1982, that changed to 97.5% zinc coated with 2.5% copper for coloration. 1964 D Penny - Collecting Coins 1943 D Penny for sale | eBay 1943 Steel Penny Value Guide and History | LoveToKnow $12.95. 2.) 1943 d steel penny uncirculated | Coins & Paper Money, Coins: US, Small Cents | eBay! 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. Above the bust, you can read the legend In God We Trust, behind him (i.e. Broken down by each mint, the individual mintages are as follows: 1943 Philadelphia Mint cents 684,628,670. 4.) 1943 Jefferson Nickel struck on a steel cent planchet. A dealer does not stay in business for almost 50 years unless he or she treats their customers well. Coin Opp 1.7M views 5. More than two billion of these bad boys were made, but the exact amount is unknown. According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. How much is a 1943-d steel penny worth in 2023? There are so many errors it's Jefferson Nickel struck on a Copper Penny planchet error. Email us at exclusive@the-sun.com or call 212 416 4552. The coin comes with the text "In God We Trust" alongside the top of the piece, and "Liberty" on the left hand side. Hi Judith. Anyone know what its Worth ??? Thanks for the great back story about the 1944-D Zinc. How much is a 1964 penny worth? 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. Join us today for FREE! 1950 Lincoln Penny Value. View cart for details. Wed stick to graded options with clear provenance and be wary, especially if a deal seems too good to be true. In EF 40, these coins go for a little over $30,000 while the price hits $60,000 in MS 60. At the same time, residents were feeling the economic pinch, so they hoarded specie coins (gold and silver), melting them for bullion. 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! Otherwise, non-error steel cents are not in themselves rare. The coin was submitted for auction by Heritage Auctions of Dallas, Texas, the third largest auction in the world. 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. 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 But the initials VDB only appear on the obverse, at the cut-off of Lincolns shoulder. Ive got a RARE 1944 D wheat penny ill let go for $ 20,000.00 U.S dollars .or make me an offer .condition over exceeds the one you have by very much. This off-metal transitional error was accidentally struck when a few leftover 1942 copper planchets were fed through the presses at the Philadelphia, Denver, and San Francisco Mints. } (10% off), Sale Price 14,000 Have a rare coin but are unable to ID it? However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000. So those 40 or so steel pennies from 1944 ended up being quite pricy. If you believe that you have a rare coin then you may be able to make a real mint. Die errors include filled dies, die cracks, and die doubling. I think they are steel how do i know what they are worth? Great! One is a 1944 penny that in the yr the 9 is bigger then the other numbers. 2015 Australia Hammer Head Shark Silver Round Perth Mint 1/2 OZ .999 Fine. 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. He collects U.S. and European coins and is a member of the ANA, PCGS, NGC, and CAC. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 1944 Steel Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1972 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1943 Copper Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1973 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark), 2009 Penny Log Cabin Value (Rare Errors, D and No Mint Mark), 1971 Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1981 Penny Value Guides (Rare Errors, S, D & No Mint Mark), 1988 Penny Value Guides (Rare Errors, D, S & No Mint Mark), 1980 Half Dollar Value (Rare Errors, D, S & P Mint Marks), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks). It used to start at the edge of the coin, where the manufacturing process left the steel bare. Original Price 84,211 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. 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. and new product arrivals. If so please share it with your friends and help us grow. 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. Coin errors can be spotted at the mint, at the bank, or by the public. You need to post photos, and it would be best to start your own thread. 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. Free shipping on many items | Browse your favorite brands | affordable prices. Find this page useful? It Does Cling To A Magnet. This unusual-looking Lincoln Wheat cent is unlike any other United States one-cent coin. . If you think you might have found an elusive 1944 steel penny, heres what to do. But for the record, steel cents or zinc-coated pennies are not mint errors. $13.00. Some 1943 coins were labeled as tin cents, but the 1944 coins were steel cents, minted from low-grade carbon steel coated with zinc. However, that zinc-iron combination was susceptible to spotting and staining. Rare 1969 D penny Lincoln coin sells for more than $2,000 - The US Sun Welcome to the neighborhood! The United States Mint eventually acquiesced to the concerns of the public. It was sold at the Heritage Platinum event held at the recent FUN show in Florida. 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?) The coin was designed by Victor David Brenner. It will give you an idea of the amount of money that the coin is going for. A coin in average condition has an estimated value of at least $77,000. "@type": "Answer", If you have one in an MS 68 rating, you can sell it for $3,500. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? Alternatively, you could use a magnet to check out the steel content contained within. Memorial Cents arrived on 12th February 1959, marking the 150th anniversary of his birth. The penny was posthumously introduced to mark what would have been his 100th birthday. I tried the magnet but it does not stick and the weight it slightly different then a all copper penny, any suggestions? If the coin has an error, or is certified this will further add to the appeal and raise it's price numismatically speaking. I got two wheat pennies. 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. The 1964-D is common in circulated grades up to MS64. Visit eBays rare coins and search 1994 Steel Penny. need help identifying. The coin was submitted for auction by Heritage Auctions of Dallas, Texas, the third largest auction in the world. Second, it is always highly advisable to seek the counsel of an experienced and knowledgeable dealer like Mr. Estes if one has a coin that could potentially be very rare and valuable. Below the year 1969 on the right hand side, it also features the letter "D", which means it was minted in Denver. Despite sometimes being called silver pennies, these 1944 coins have no silver content whatsoever. Sweaty fingers also caused the coins edges to rust, and some people tried to pass off steel pennies as dimes. 1958D wheat cent rainbow toned unc us coin Lincoln wheat penny #48 | eBay PCGS The Standard for the Rare Coin Industry. 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. 1964 D Lincoln Memorial Penny Coin Value Prices, Photos & Info Back to home page Return to top. From the years 1938 to 1964 the mint mark was on the reverse on the far right next to Monticello. (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. Apart from its distinct metal composition (including semi-metals like antimony), the 1944 steel penny is a wheat penny. Is it such a error? Important redesigns and alterations were affected by Lincolns birthdays as well. 1970 PDS Us. Join us today for FREE! 2017 CANADA $25 FOOTBALL SILVER COIN ORIGINAL BOX & CoA CURVED COIN TRUSTED . The specific coin attracted 25 bids from keen coin collectors and then sold for $2,010 to the winner on Sunday, October 10. And. Sorry, if the penny fails to stick to a magnet, its a fake. The 1944 Steel Penny is one of the most expensive coins in existence. I definitely recommend getting it authenticated! The 1943 steel cents are quite common, and more than 1 billion were struck for circulation. A 1944 steel penny looks like an ordinary penny, besides the fact the color is NOT copper and looks much close to a dime. We've sent you an email to confirm your subscription. This rare variant of the 1943 Philadelphia Lincoln Steel Penny consists of a double coinage on the back.The highest value obtained for this variant was $2,150 in 02/2020 for a piece in MS67 quality. 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. The coin which Mr. Estes client brought in that received an MS61 must not have yet been added to NGCs population report. , its a great choice if youre looking for a solid investment piece that will likely retain value in the long term. How to tell if you have a 1974 aluminum penny - Quora 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. 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 The top collar of the coin reads E Pluribus Unum. 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. What is the value? 1943 D Lincoln Wheat Cent : Steel Cent - USA Coin Book 1964 D Penny Errors Known 2- Close Stamped L-close A And M On America. 3 D Steel Pennies And 3 Steel Pennies With No Mint Marks. } Please. This is why the 1943 Lincoln Steel Penny is usually better minted than its copper brothers. No copyright infringement is intended. In MS 66, one of these 1944 S Steel Pennies sold for over $370,000. There are probably more in original rolls but getting harder to find. 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. In 2021 it was updated taking a more modern approach to things. 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!. 1943 P D S Wheat head Lincoln 3 Penny Set. Learn how to tell if you have one too. He was born on 12th February 1809 and assassinated on 15th April 1865. Heritage has sold several such coins over the years. 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. To find out if your small change could be worth a fortune, check how much the specific coins are selling for on eBay. Mr. Estes sent the coin to NGC for grading, and it came back as an MS61. Last month,a rare 25 cent error coin sold for $599- and you could find a similar one in your spare change too. "name": " Why is the 1944 steel penny so valuable? "name": " How much is a 1944 steel penny worth? 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. 1964 Penny | Learn the Value of This Lincoln Penny It does not stick to a magnet. Finding flaws in the 1944 Steel Penny is surprisingly difficult because so few samples exist. Save my name, email, and website in this browser for the next time I comment. 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. A 1964 D penny is worth between 2 USD and 5,000 USD. In other words, you're not guaranteed to get thousands if you have a similar one. And Tons of Silver and Gold Coins from all Over the World. Just keep reading! However, many in the public were less than thrilled with the alternative composition. It weighed 2.79 grams? 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. 1964 Penny Value and Price Chart - tokok.com A03180. 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. "acceptedAnswer": { The 3rd U.S. President Thomas Jefferson is proudly displayed on the United States Nickel (5 cent piece). } 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. I have a 1943 steel wheat penny that Id like to check the value on. !, W/H COA & STAND! PRO-TIP: The 100% best way to check the latest values of the 1944 . Steel pennies have helped spark numismatic interests in folks who otherwise may not have become coin collectors. The coin was slightly underweight at 2.6g instead of 2.7g. One of then looks like lady liberty and Lincoln are kissing on the reverse. Penny (Canadian coin) - Wikipedia C $1.89. I removed it, to look at, later. If relevant buyers thought a steel Walker was a coin, it would be worth more than a million dollars. Earlier sources listed all the 1944 steel cents as errors because the pennies were intended to return to their 95% copper content that year. I've been collecting and/or studing U.S. coins since 1964 Author has 455 answers and 127.5K answer views 1 y They are silver in color. But although they're all stamped 1964, close to 2B of these coins were produced in 1965. None have been listed for sale in a while, and only 35 to 40 have been acknowledged to date. 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. However, by altering its composition, its weight was also reduced 13%, from 3.11 grams to 2.7 grams. They include 30 from Philadelphia (no mint mark), 7 from Denver (D Mint Mark), and 2 from San Francisco (S Mint Mark). More of these steel coins have popped up in recent years, so more errors may be listed and discovered. 1. Youll see ad results based on factors like relevancy, and the amount sellers pay per click. Here you can see 2020 prices in different grades: It is not difficult to find the 1943 Denver Lincoln Steel Penny in medium or even high qualities. Steel pennies have iron in them. A great coin with a great story behind it and the documentation to prove it.. 1994 Steel Penny Investment Rating: 94 out of 100. I don't understand what you mean , my comment is awaiting moderation. Prices for 1943 penny error coins, like the 1943-D doubled mintmark variety, can reach several hundred dollars. Between the date and the mint mark (s) is another 4. 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. It was the first coin manufactured in steel by the United States Mint. Wrong planchet errors are very rare and the odds are against it! } They didnt announce it for fear of hoarding, so while people did notice their absence, no official record appeared until 1959. Ron Guth: 1943-S JEFFERSON SILVER WAR NICKEL IN GEM BU CONDITION-WOW!! Their steel counterparts are much more common. JBCOINSINC 200K views 3 years ago 5 modern Lincoln cents worth over $1,000 that can be found in pocket change! "@type": "Question", Both the obverse and the reverse were designed by Victor David Brenner. 1943 Bronze composition (looks brown or red but magnetic) $? So the mint switched to steel coins for a year. Your email address will not be published. 1959 D Penny Worth - Whats the value of a 1959 DLincoln Penny? What do the Wall Street wolves say? This paved the way for an emergency composition for the one-cent coin as well. 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. Most steel pennies are worth between 20 cents and 20 dollars. In 1943 steel was used to make pennies, instead of copper, because copper was needed for the U.S. war effort. Take full advantage of our site features by enabling JavaScript. 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. This instantly creates one of the most gorgeous, unique, and handsome rare coin in the galaxy. You can see an example in the photo below. As for the legends on the coin, In God We Trust is above his head while Liberty sits behind his neck. 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. I have a 1944 D penny which appears to be steel plus something else but does not stick to a magnet. Key and Semi-Key Dates to remember. 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. This steel Walker is one of two known and is graded as MS-64. Mr. Golino, This widely collected variety is worth more than $100 in Extremely Fine-40 and upward of $400 in Mint State-63. A 1944 D Steel Penny in AU 53 sold for over $37,000. 1978. Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. 1964 D Rare Penny AU Very good condition. 1962 D US One Cent - $4,000 United States Penny sold at auction DC Coin World 84.9K subscribers Subscribe 557 40K views 3 years ago In this video we look at the 1962 D US One Cent. Set where you live, what language you speak, and the currency you use. Steve Estes (http://www.steveestes.com) is a Portland, Oregon dealer who has in been in business since 1963, and who specializes in classic American coins, especially Morgan and Peace dollars. 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. Sell now The "D" mint mark on the coin indicates that it was minted in Denver. Some of these flaws are quite valuable. POP TIL YOU DROP WATER DOWN SAY GOODBYE SO LONG Six discontinued frozen foods from Trader Joe's you'll never see again Last year I interviewed him for CoinWeek about his interest in coins and his expertise on silver dollars . . The steel penny will be lighter in color (almost a silver type color) while the penny will be more bronze. 1943 S minted uncirculated steel penny can be worth $16k but values are dropping. Now covering; Cryptocurrencies, Precious Metals, and even World Coins. Each of the two 1944 pennies could be worth around $5 or more, depending on their condition.