This and more make the 1944 wheat penny a coin worth holding onto. To make a long story short, grading is nothing more than having the coin’s condition professionally assessed. Despite their poor condition, these pieces are still highly desirable. Those were the Philadelphia Mint (P), the Denver Mint (D), and the San Francisco Mint (S). Actual wear - removal of metal lowers grade. It’s time to find out if you own the $100,000+ 1944 steel penny, or if your 1944 Lincoln cent is worth just 3 to 5 cents. 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. World War II was happening in 1944, and hundreds of millions of people were reading newspaper headlines and tuning into radio newscasts to stay current on the latest from the battle lines. Let's delve deeper into this wheat head to know its real value. With subtle points to condition separating values Grading Lincoln Wheat Pennies examines the different grades using video and descriptions.
$0.01 USD. Looking closely at the toned 1945 cent no flatting and disturbance of metal is evident on high areas of his ear. A good magnifying glass can help a great deal. Year: 1944. Total of all varieties: 2,148,738,000. It may be a little tricky in the beginning, but educating yourself will help you jump-start this hobby. It is the first time any coin topped the 1 Billion mark.
It marks the first time any US coin exceeded 1 billion pieces. On these coins, the flaws may be as small as a single scratch, but even this is enough to detract from the coin’s grade. That is a semi-complicated answer because there isn't a single, simple answer.
US Mint at Philadelphia Tour. The 1944 Lincoln cent is one of the most common wheat pennies, which were minted from 1909 through 1958. The numismatic value of a penny … Festival of Sacrifice: The Past and Present of the Islamic Holiday of Eid al-Adha. Since we don’t think that’s fair, we set up this site to let you in on them. A clear separation of letters from the rim is sought. As an Amazon Associate, I earn from qualifying purchases.
A good indication of coins below the extremely fine grade is large flat spots on the cheek below the eye and jaw line extending to chin. Collect as much as you can and keep them in proper storage conditions so you can sell it for a price when there is a drop in supply followed by an increase in demand.
Extremely Fine: A coin that is determined to be of Extremely Fine grade is one that will be in mostly perfect condition, but might have a flaw or two. The minor visual differences between the copper pennies of other years and the brass pennies of 1944 to 1946 are only distinguishable among the uncirculated coins and are negligible in heavily circulated wheaties. Small clipped areas add a few dollars in value. Coin Term glossary. I’m a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. Advertisement. 1944 Steel Wheat Penny. Strong lettering remains on the example wheat pennies. Here’s a glance at some of the important events that were happening in 1944: In addition to the links I’ve included above, here are some other resources to help you learn more about today’s 1944 penny value: I’m the Coin Editor here at TheFunTimesGuide. Type: Wheat Penny Often preserved with bright luster, mint state pennies are a collector favorite and valued highly. The government produced around 1,435,400,000 of these pennies in 1944. Below is a chart that will help explain the different values for a 1944 Lincoln given its type and condition. Its obverse features the bust of Abraham Lincoln and the reverse has two wheat horns, which is why it is also often called a wheat penny, wheat back, or a wheatie. One of the more inexpensive pennies is the 1944 Wheat Penny. Good: Good is the worst grade a coin can receive and is usually indicative of a coin that has been very heavily damaged. "D" Mintmark Under Date: Denver Mint Struck the Coin. If the coin is well-preserved, it is going to be worth more than a coin that has been heavily damaged.
I’ve contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek.
If you're looking to add to your collection rather than sell your 1944 wheat penny, you want it to fit in with your collection. However, uncirculated wheat pennies go for five or six dollars apiece. 1944 Lincoln wheat cents were made with metal recycled from ammunition shells.
1944 Australian penny value. Wheat pennies from the mid-1940s differ from most other wheat cents. The average value of a penny from 1944, also called a 1944 wheat penny, is between 15 cents and $6 depending on its condition. Immediately to the left of the central image is a raised inscription which reads “Liberty.” To the right of Lincoln’s image is a raised inscription marking the 1944 year of minting. But remember that this is your collection. Unlike the bronze pennies of 1909 to 1942 that were made with 95% copper and 5% tin and zinc mix, the brass pennies of 1944 has no trace of tin because they were made from striking recycled ammunition shells. Launching your personal coin collection can be pleasurable, engaging and educational. Details of the legend are crisp as well as date and mintmarks.
Uncirculated pennies have an average worth of $5. + 7 S 0 P O N S O A R P A 7 E E D-1-1 U J-1 0 F J-1-1. You might have come across one of these 1944 wheat pennies and may be wondering what it's worth. Have a 1944 wheat penny and want to know its value? If you're a coin collector, you've most likely got a 1944 wheat penny in your current collection. After punched as a blank it received a rim at the upsetting mill and then to coining presses becoming a 1944 penny. Mintage. Take the experience first; the cash will come later.". So, what’s the difference between the value of a regular 1944 copper penny and a 1944 steel penny? The moderately toned cent is well struck and ear is complete. Nowadays, the average estimated value of the 1944 Wheat Penny is 15 cents for average condition to $6 for mint state. Identify your coins using the image links. Off-Metal 1943, 1944 Cents Bring Big Bucks At Coin Show, Finding The 1944 Steel Penny In Circulation: One Man’s Story, 7 Rare Wheat Pennies & What They’re Worth, Images of America: The United States Mint in Philadelphia. What is a 1944 US penny worth? Any other interesting specimens in your collection? High in relief, the ear remains without any smoothing to original mint luster and texture. US Mint. This resulted in the creation of perhaps less than 2 dozen or so 1944 steel pennies — fewer than the similar, yet converse error that resulted in the minting of about 25 copper 1943 pennies, also considered a great rarity. 1945 US Mint Annual Report And if you're new to collecting, you'll want tips on how to. Plus, now that you're all packed to the brim with knowledge on the 1944 wheat penny, you can display and sell as you please. 2,147,483,647. The value. Maybe you have a 1944 penny silver in color and wonder if it’s that rare penny you’ve heard about. The numismatic value of a penny depends on a couple of key factors: Coin grading uses the Sheldon Scale with corresponding points awarded for the overall coin condition, luster, marks, and motif. The Lincoln penny has been produced in the US for almost as long as coins have been produced by the US mint. View our, 1982 Penny Error: How to Assess the Value of This Famous Coin, 1953 Penny–A Popular Get for Beginning Numismatists, 1944 Jefferson Nickel – Silver Wartime Nickel, 1950 Wheat Penny Value in Uncirculated Penny, 1907 Barber Quarter – Value in the Proof and Silver, 1952 Half Dollar – Higher Value with Full Bell Lines. Secondly, and perhaps quite obviously, the condition the coin is in means everything. Where did you come across your 1944 wheat penny? Another useful bit of information to have on hand is simply all the knowledge about coins themselves. With the highest number coined in all the wheat design series, 1944 cents are Abundant on a rarity scale. U.S. Mint. The average value of a penny from 1944, also called a 1944 wheat penny, is between 15 cents and $6 depending on its condition. I primarily collect and study U.S. coins produced during the 20th century. The government produced around 1,435,400,000 of these pennies in 1944. While Lincoln wheat pennies were traditionally struck in a 95% copper and 5% tin and zinc, those made from 1944 through 1946 were struck on planchets consisting of 95% copper and 5% zinc. Identify your date, mint and condition and refer to the value chart.
Manufacturers created these in all three mints that were in operation at the time. Extremely Fine Grade: A small amount of circulation wear is evident on a coin grading Extremely Fine.
Small details necessary to accurately value are described. 1944 is when the US Mints learned their lesson from the 1943 steelies and returned the copper into the wheaties, though it is not exactly the same composite as the 1942 pennies. A visible error, clipped planchets become an interesting specialized set. From the top condition coins collected by advanced collectors to worn examples; to an affordable collection for young collectors, the range of value is extensive. The government also produced a few steel wheat pennies in 1944 by mistake. It’s really easy to tell if you have a 1944 steel penny or 1944 copper cent: Another test you can conduct on your 1944 pennies is to weigh them: If you have a 1944 penny that’s silver colored, looks like it’s made from steel, is magnetic, and weighs about 2.7 grams, it’s worth having it certified by a 3rd-party coin authentication service to determine if you have a real 1944 penny! As with all selling processes; organizing the coins in a manner a dealer can efficiently asses their worth aids in returns to you.
An affordable grade included in a collection is Extremely Fine, with a strong demand. Read on to see the huge spread in price between a common, worn 1944 penny and any 1944 steel penny. Error coins when combined with traditional date and mintmark sets offer a depth to the collection. Coin collecting as been around since the invention of coins themselves, dating all the way back to roughly 650 BC. A less encountered error is a coin with two clips. If you're new to coin collecting, it's always best to learn about as much as possible, starting with the collecting itself.
Wheat pennies are worth at least three times its face value, unless it is terribly worn out. A clipped-planchet error was created. https://www.usmint.gov/about/mint-tours-facilities/philadelphia/tour-information While these are not really uncommon, it is best to start rummaging through coin rolls to get your wheat pennies for free or for a cheap price. Date | Mintmarks | Condition are described and imaged with each series. In 1943, the Lincoln penny was made from a zinc-coated steel composition to help save copper for World War II ammunitions. Shades of brown develop and lays on top of the surface, toning a coin. Ever popular with collectors, demand is enough to show a slight premium. We know that wheat pennies were minted from 1909 to 1958. The 1944 wheat penny is somewhat common and can be sold for about 10 to 20 cents. Pennies are a great way to kick start collecting coins for beginners and for numismatists that already have other sets of coins. There are lots of factors to consider, which all tie into each other. Around 30 steel pennies from 1944 exist with each piece amounting from $75,000 to more than $375,000 depending on its grade. There are lots of secrets the experts won’t tell you. High speed punching of coin blanks resulted in a slight misalignment with this planchet being punched from an area to close to previous punches. The government also produced a few steel wheat pennies in 1944 by mistake.
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