1944 STEEL 1C MS | Coin Explorer (2024)

FAQs

How much is a 1944 steel penny worth today? ›

1944 STEEL Wheat Penny Value

According to the NGC Price Guide, as of May 2024, a Wheat Penny from 1944 in circulated condition is worth between $35000 and $43500. However, on the open market 1944 STEEL Pennies in pristine, uncirculated condition sell for as much as $175000.

The 1944 Steel Wheat penny could be worth as much as $408,000 in mint condition, and up to $10,000 in average condition, the site said. Additionally, the site reports that the 1943 copper penny in perfect condition is quoted at $250,000 and in average condition could be worth more than $60,000.

Missing dot error: Some 1944 wheat pennies are missing the dot on the “E pluribus unum” motto. Clipped planchet error: Some 1944 wheat pennies are clipped alongside the edge due to an error in the minting process. Pennies with this error can sell for up to $100 if they are otherwise in good condition.

Experts estimated the surviving population of the 1944 Steel Cent to be in the range of 25-30 pieces, or about double that of the known population of 1943 Bronze Cents.

BREAK out those coins because a 1995 Lincoln penny has just sold for over $6,000.

If a penny sticks to the magnet, check the date. A 1943 circulated penny that sticks is worth 10 cents or so. But a 1944 penny that sticks to the magnet should net you around $40,000. Much more if it's in really good condition.

1944 Mercury Dime Value

According to the NGC Price Guide, as of May 2024, a Mercury Dime from 1944 in circulated condition is worth between $2.90 and $5.50. However, on the open market 1944 Dimes in pristine, uncirculated condition sell for as much as $425.

Values for the 1945 wheat penny can vary: Circulated Pennies: Often range from $0.03 to $0.50. Uncirculated Pennies: Can range from $1 to $5 for those in pristine condition. Pennies with Errors: The value can increase significantly, often reaching $50 to $100, depending on the rarity and demand.

That conversation eventually led to the first Lincoln penny being issued in 1909. The 1920 Lincoln Wheat penny is especially desirable for collectors because of its age and subtle differences that set it apart from other varieties, according to the JM Bullion website.

If it is a real zinc plated steel planchet made for the 1943 cent it should weigh 2.70 grams. There are some know examples and are very rare. The 1944 steel penny is worth between $75,000 and $110,000, depending on its condition.

What is a 1944 steel penny that looks like copper? ›

1944 "Silver Penny"

These error coins made of steel instead of copper hold a silvery color. Because of that, they are called "Silver Pennies," although they are not real silver coins, just zinc-plated steel like the ones from 1943.

Steel pennies minted in Philadelphia in 1943 are common nowadays, meaning you can get one used piece for $0.13 to $0.30. Those in the mint state come in a wide price range from several cents for those in MS 60 rank to $3,600 for MS 68-graded ones.

A 1957 D Wheat Penny is generally worth around 5 cents in circulated condition and can be worth several hundred dollars in uncirculated condition.

1943-D Bronze Cent

The most valuable wheat penny is the 1943-D struck on bronze at the Denver Mint.

Uncirculated or “mint condition” 1964 Pennies are worth around $1 to $2, while circulated examples are worth around $0.01 or less. A single 1964 D penny can fetch more than $10,000 at auction. According to PCGS, a coin classified as MS68 SMS is worth a staggering $27,500.