How Much Is A 1944 Penny Worth Now?

How do I know if my 1944 penny is steel?

The Magnet Test Once you have a silver colored penny from 1944, you can do a simple magnet test to find out if it is the valuable steel penny or not.

Basically, if your penny sticks to the magnet, it is a steel penny, and if it does not, it is copper..

What is the rarest wheat penny?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

How much is a 1943 silver penny worth?

They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.

What makes a coin rare?

Generally speaking, a scarce or rare coin will sell for considerably more than a more common coin. … Take for example the 1948 silver dollar of which just 18,780 pieces were struck at the mint. The coin easily sells well into four figures in MS-65 condition.

How do I know if my 1944 penny is worth anything?

It’s really easy to tell if you have a 1944 steel penny or 1944 copper cent:If your 1944 penny sticks to a magnet, it’s a steel cent and is rare.If your 1944 penny does NOT stick to a magnet, it’s made from copper and is common.

How much is a 1957 d penny error worth?

Currently, the 1957 D wheat pennies in average condition are worth 15 to 60 cents, while the coins in pristine condition are valued as much as $1.

How many 1943 copper pennies have been found?

Approximately 40 1943 copper–alloy cents are known to remain in existence.

Are wheat pennies worth anything?

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. … And pennies dated from 1879 to 1909 are worth at least $1.

How do I sell my wheat pennies?

Selling Wheat Pennies to dealers often takes place in person. Old wheat pennies are heavy, a roll of 50 coins is expensive to send through the mail. Finding a local dealer to meet at either their shop or at a coin show is economical.

Which 1944 penny is worth a lot of money?

A ‘MS-63’ grade 1943 copper or 1944 steel is worth much more than any regular ‘MS-63’ grade Lincoln Wheat cent. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. It was then NGC graded as MS-66. This realization is an auction record for any kind of Lincoln cent or cent error.

Are all 1944 pennies valuable?

Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 15 cents, while one in certified mint state (MS+) condition could bring as much as $6 at auction. …

What Penny is worth millions?

1943 Bronze Lincoln “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.

What year pennies have errors?

Sure, there’s not an overwhelming populous of coin collectors, but I can almost guarantee that they’ve removed virtually all these coins from circulation. Not to mention the fact that there’s only a handful of 1943 copper cents in existence!…Most Valuable Indian-Head Cents.YearErrorValue1909-S—$4507 more rows•Oct 21, 2019

What is the rarest Kennedy half dollar?

1964 SMS Kennedy half dollarThe 1964 SMS Kennedy half dollar is one of the most elusive modern United States coins and is by far the rarest non-error, non-die variety Kennedy half. Mystique shrouds the existence of 1964 SMS Kennedy half dollars, of which there are just 12 known examples.

Why is the 1944 penny rare?

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

What were pennies made of in 1944?

1944 Lincoln wheat cents were made with metal recycled from ammunition shells. Unlike Lincoln cents made from 1909 to 1942, which are 95 percent copper and 5 percent tin and zinc, Lincoln cents from 1944, 1945, and 1946 were made with a composition of 95 percent copper and 5 percent zinc (no tin).

What is the most valued penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

Why is a 1943 penny so valuable?

Eventually, they decided to use steel to make the pennies in 1943. … About 40 copper pennies were struck in 1943. One possible reason for this is because the copper plates were accidentally left in a few machines. While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more.