STEEL cents may be extraordinarily uncommon and doubtlessly value within the thousands and thousands if it contains a 1944 date.
The Lincoln penny has been round for greater than a century – with most coin collectors being conversant in its bronze options.
However some is probably not conscious of the metal penny and what it may very well be value.
Here is what's so particular concerning the 1944 metal cent.
THE 1944 STEEL CENT EXPLAINED
The Lincoln penny is among the solely two dates that function zinc-coated metal.
The opposite one is the 1943 Lincoln metal penny – which is far more widespread.
The metal cent was made in an effort to preserve bronze for World Battle II.
However in contrast to the 1943 date, there's a scarce quantity of 1944 metal pennies.
The next Lincoln metal cents have been minted in 1944:
- 1944 (no mintmark)
- 1944-D
- 1944-S
A coin with a D mint mark means it was minted in Denver, whereas an S letter means it was struck in San Francisco.
No mintmarks sometimes imply that the piece was minted in Philadelphia.
All metal cents with the 1944 date have reported mintages of below 40.
Whereas they're all fairly uncommon, the 1944-S is essentially the most worthwhile of the three – with a reported mintage of simply two.
In the meantime, many coin consultants consider there are a number of which have but to be found.
“The 1944-S Metal Cent is an especially uncommon off-metal hanging created when a metal clean left over from 1943 was struck within the regular manufacturing run of 1944-S Bronze Cents," Ron Guth, President of Skilled Coin Grading Companies wrote.
Be sure to not confuse these with a 1943 date, as greater than a billion metal pennies have been produced that 12 months.
HOW MUCH IT COULD BE WORTH
You might need hit the jackpot in case you occur to discover a metal penny with a 1944 date.
As all the time, the worth of cash may depend upon grade and situation.
In relation to the 1944-S metal cent, it's value $399,637 in common situation and may very well be value greater than $1.11million in an MS63 grade, based on USA Coin Ebook.
In 2021, one in an MS66 grade bought for a file $408,000 at a Heritage Public sale.
The grading scale solely goes as much as 70, that means a 66 may be very excessive.
The 1944 D metal cent is value practically $34,000 in common situation.
In an August 2007 public sale, a 1944 D Lincoln metal cent graded in MS63 bought for $115,000, based on PCGS.
As for the 1944 metal cent and not using a mintmark, it's value greater than $28,000 in common situation.
One 1944 metal cent graded in MS64 and not using a mark bought for $180,000 in an public sale in June 2021.
SPOTTING RARE COINS
Whereas it is not a straightforward activity by any means, there are a number of methods to go about discovering uncommon cash.
The very first thing you’ll wish to do is examine locations in your house or any locations you could retailer change.
Another issues you'll be able to attempt embody utilizing a metallic detector in identified areas for buried treasure and by stopping by your native financial institution department and asking for a wrapper of pennies.
It's also possible to attempt to get a very good deal on one on-line by way of USA Coin Ebook or eBay.
However be sure you analysis the coin first and know what it’s value earlier than shopping for.
And in addition – be sure you're conscious of potential fakes on-line.
To keep away from this, be sure you examine the vendor’s historical past and whether or not or not the coin was licensed within the itemizing.
Your distinctive pennies aren’t the one factor that may maintain worth, as nickels, dimes, half dollars, quarters others may very well be value a critical mint.
Take a look at a record of essentially the most worthwhile cash in circulation value as much as $9,477.
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