Only a couple dozen pieces were made and exist today, and each is worth about $100,000. Numismatists believe some bronze planchets were used by mistake. 1944 Wheat Penny Value: How Much is it Worth Today? The consent submitted will only be used for data processing originating from this website. If so, depending on whether it is a 1943 or 1944, you can continue verifying its authenticity. The 1940 Wheat penny is made from 95% copper and 5% zinc & tin. Most wheat pennies in good condition will be worth about $10 on average and are fairly easy to find and purchase. The 1942 Wheat penny has high value as a numismatic coin and gem in pristine condition. Date | Mintmarks | Condition are described and imaged with each series. Uncirculated This coin wasnt in circulation and kept the entirely noticeable highest relief points and the glow on Lincolns cheek and jaw. Upper surfaces are clearly flattened and smoothed. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. The store will not work correctly in the case when cookies are disabled. I buy coins in the mail and they are tracked to my address, but 50% of the time I get them and 50& of the time I dont. Historic value is high. Identity of Date and Mint Mark begins the process. Lincoln's portrait shows evidence of wear confined to just high points. Placing an accurate value on your 1943 penny follows a step by step process. The 1944 wheat penny with a D mint mark is worth between $0.02 in Good and Fine condition. This minting error has resulted in a coin that is worth around $100,000 and is currently the most expensive Penny in the realm of coin collecting. The United States Mint first minted the Lincoln Wheat penny, or "Wheatie" as they are sometimes called, in 1909. Given their novelty, they also make great gifts. Click here to Learn How to use Coin Price Charts. A step by step method combined with the coin value online guide identifies how to value a coin collection. Curls of hair are flattened but major waves remain separated. One version had the engraver's initials, Victor David Brenners (V.D.B. on the back at the bottom between the stems of the wheat ears), 1909-S Over Horizontal S (re-punched mintmark or RPM), 1943 Bronze/copper (cents in 1943 were made out of zinc plated steel, not copper), 1943-D Bronze/copper (cents in 1943 were made out of zinc plated steel, not copper). There are no rust signs on this penny, but you can often notice places where zinc coating is incompact. Indeed, whether collected as part of a short set or incorporated into a larger run of Lincoln cents, the 1943 steel pennies are favorites among non-numismatists and veteran coin collectors alike. A light sliver grey is their normal appearance when worn, standing out and easily spotted. and new product arrivals. I was wondering is my US cent from 1943 and 1944s are worth any money. who wants them? Other 1943 copper pennies routinely sell for $100,000 to $200,000. Litvak-American sculptor Victor David Brenner inherited the task. In 1943, three mints produced this penny: These three mints struck over 1,000,000,000 Lincoln steel pennies in 1943. Originally, Brenner's signature appeared on the obverse of the coin. But even in poor condition, they may be worth at least 3 or 4 cents, and some may be worth a lot more to coin collectors. November 17, 2021 at 8:54 am. Often they are reprocessed (stripped and recoated) pieces assembled in plastic display cases. Josh @ CoinValues. Other factors like the mint year, condition, and rarity greatly influence the value of a collectible coin. How Much is a 1943 Dime Worth? This minting error has resulted in a coin that is worth around $100,000 and is currently the most expensive Penny in the realm of coin collecting. Click here to learn how to use coin price charts. It is now part of The Dazzling Red Collection of Lincoln Wheat Cents owned by this unnamed collector. No proof Lincoln cents were made in 1943, nor would any proof coins be struck again by the United States Mint until 1950. I also have 1943 steel penny with no mint. The United States Mint struck over 600,000,000 of the Lincoln Wheat Penny in 1943, which is a fairly large mintage. Yet the coin has a vital connection to an international historical event. Thus, it is safe to say that the coin is pretty common in numismatic terms. Many 1943 steel cents ultimately corroded beyond recognition or were otherwise lost to time. The Wheat Penny debuted in 1909 and production ceased in 1958, during President Eisenhowers term in office. As mentioned above, 1943 cents should have been minted with steel rather than copper due to the country's efforts in World War II. https://nnp.wustl.edu/library/publisherdetail/51 this coin is most sought after by collectors and is most valuable in any grade. As always, there are also two inscriptions, the UNITED STATES OF AMERICA and E PLURIBUS UNUM. The decision was made to strike 1943 wheat pennies from zinc-plated steel planchets. 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. Now, while this may sound like a big number and it is the 1986-D quarters can command a small premium in lightly worn condition. The 1943 copper penny is extremely rare and valuable. The 1943 penny is worth $1 000 000 because it is not made of steel. USA Coin Book Estimated Value of 1943-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $0.34 in Average Condition and can be Worth $6.81 to $23 or more in Uncirculated (MS+) Mint Condition. Altered 1948 Lincoln Cent If your 1943 copper colored penny doesn't stick to a magnet, then use a magnifying glass to look at the date. Since only about 40 exist on the market, they are tremendously valuable. How Much Is My Modern Jefferson Nickel Worth? There are a number of varieties of the 1982 penny because the mint was transitioning from a bronze composition to a zinc composition for the coin. So, what are 1943 silver pennies made from? Answer: Zinc-plated steel! These are worth, A lightly circulated 1943 steel penny is generally worth, The uncirculated 1943 steel penny value usually ranges from about, Some well-preserved uncirculated 1943 steel pennies with pristine surfaces are worth. "S" Mintmark Under Date: San Francisco Mint Struck the Coin. Michael is a contributor to SD Bullion and the founder of Your Money Geek, where he is on a mission to make finance fun. Join us today for FREE! Of course, the rarest wheat pennies carry higher premiums and will cost you, well, a pretty penny. I have a collection of coins. I have a 1943 wheat penny, with a number three on the back side between the wheat? In addition to the links Ive included above, here aresome otherresources to help you learn more about 1943 wheat pennies and other old pennies: Stay up to date with everything about U.S Coins, We dont spam! Hi Judith. And, sure, that makes sense. Most steel pennies are worth between 20 cents and 20 dollars. Precautions help preserve the future condition of the coin. The Truth About 1943 Steel and Bronze Copper Wheat Penny Values | Melt Value? Value: This coin ranges in value from about 35 cents to $3,000 if in mint condition. (Price Chart), How Much is a 1930 Wheat Penny Worth? I have a 1946 wheat penny with no mint mark in good condition what is it worth. As you can expect, they are precious and expensive. It did however present a few problems. Where can I get this misprint evaluated? - Another California Bank Fails Over The Weekend. For all these reasons, the US Mint decided to reuse copper for producing pennies in 1944. During World War II, the Allied Forces needed many essential resources to help optimize success in the war. It is the only use in US coinage of this alloy. Before you go down the path of building a complete set of Lincoln Wheat pennies, use the following price guide to give you an approximatevalue and pricefor your Lincoln Wheat pennies. Importantly in this condition a strong eye appeal is projected by both coins. There are also some significant varieties among the 1943 steel cents, including the 1943-D/D repunched mintmark. This example was well preserved over time. Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth. Expert's Assistant: Is there anything else the Appraiser should know before I connect you? Not unlike key dates from silver dimes, quarters, half dollars and dollar coins who are worth much more than what is called "junk silver". Surfaces of the coins lack the sparkle of luster only possible by the striking of a coin with dies. Thank you in advance any help would be greatly appreciated ?? The following list contains the most valuable wheat pennies that were issued into circulation. Territories Coin Values. Thomas G. Flammio: Buypriceis what you can expect to pay to a dealer when you purchase the coin, andsellvalueis what you can presume a coin dealer to pay you when you sell the coin. Top-level specimens in grades of Mint State-67 or better can go for much more, sometimes hundreds or even thousands of dollars. one in real good condition might be worth $1-$7 Does anyone think the mint will change the composition of the penny again? Collectors are interested in a few main factors to any coin: Date | Mint Mark | Condition. Silver has been used in many coins including dimes, quarters, half dollars, and dollar coins. Go on line and type in 1943 P, D or S pennies value Expert's Assistant: The Appraiser can help. Technical and aesthetics grading determines value to collectors. (Price Chart), 10+ Rarest State Quarter Errors Lists (Worth Much Money!!! These are numismatically worthless since they are altered coins. Be on the lookout for the ultra-rare 1909-S VDB. Continue with Recommended Cookies. Ed. In 1943, the US Mint switched from copper to steel to make pennies. Investing in Collectible Coins. More than 2 billion wheat pennies were made in 1944, but that doesn't mean that there aren't important 1944 Lincoln cents that are worth a lot of money. For some reason, the Denver Mint produced around 500,000 pennies without the D mint mark this mintage year. Real Helpful. As mentioned above, 1943 copper pennies are rare and valuable. all circulated and in good plus condition. Even though this penny is different, it is not particularly rare. Remember I said earlier that more than 1 billion 1943 steel wheat pennies were made? Michael is a contributor to SD Bullion and the founder of Your Money Geek, where he is on a mission to make finance fun.
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