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23 Οκτ 2024 · Over two billion Lincoln pennies with wheat on the reverse were minted in 1944. That makes their value pretty low nowadays despite being almost eight decades years old. However, the US Mint struck several 1944 pennies made of steel, and they ended up in circulation, probably by mistake.
22 Οκτ 2024 · The rare 1944 steel penny and rare 1943 copper penny share a similar story. And they're BOTH worth big money! See why... and how to spot counterfeits.
The 1944 steel penny (also known as a steelie or a war penny) is a scarce and valuable coin that was minted during World War 11. A shortage of copper brought on by the war forced the US Mint to discover substitute materials to use in the production of pennies.
26 Μαρ 2024 · In low grades, a 1943 or 1944 penny is only worth its face value. But in high grades, a 1944 S Steel Penny once sold for $1,110,923, so your coin could be worth a million dollars! In 2021, a 1944 S Steel Penny sold for $108,000 in MS 64 while another sold for $408,000 in MS 66.
The 1944 steel penny is the lesser-known relative of the 1943 copper penny, and like its predecessor, the 1944 steel cent is rare and worth more than $30,000 in the open market today. In fact, the most expensive is the MS66 grade 1944 steel penny that sold for $408,000 at Heritage Auctions in 2021.
12 Ιουν 2023 · A 1944 Steel Penny can vary significantly in value depending on its condition. Circulated ones are valued between $7,200 and $12,000 (VF20 grade) or between $18,750 and $31,250 (AU53 grade). If in better condition, an uncirculated 1944 Steel Penny can range from $45,000 to $75,000 (AU55 grade) or even reach up to $500,000 (MS66 grade).
1 Σεπ 2024 · Design Details. The 1944 steel penny features the same iconic wheat penny design used on cents from 1909 to 1958: Obverse: Abraham Lincoln portrait with "IN GOD WE TRUST" above, "LIBERTY" on the left, and the date 1944 on the right.