1944 Steel Wheat Penny

Posted : admin On 3/28/2022

CoinTrackers.com has estimated the 1944 S Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $8. (see details)...

  • The Wheat Penny Errors: 1944 Steel Wheat Penny. In 1944, the United States was embroiled in the bloody conflict of WWII. Citizens had to put up with blackouts, raid sirens, rationing and shortages, but they needed good and usable coinage, and something they would not stand for was the substandard quality of the then new steel pennies of 1943.
  • New Listing Lot of 50 U.S. Steel & Copper Wheat Penny.01 Cent 1944, 1945, 1952, 1953, 1958.

PCGS can account for seven demonstrably different 1944-D Steel Cents, which is about a fourth of the estimated population of the 1944 Steel Cent. The finest example (the one illustrated here) is part of the Simpson collection of off-metal 1943 and 1944 Cents, the only complete collection ever assembled of these hugely popular coins.

Type:Wheat Penny
Year:1944
Mint Mark: S
Face Value: 0.01 USD
Total Produced: 282,760,000 [?]
Silver Content: 0%
Numismatic Value: 15 cents to $8.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 15 cents, while one in certified mint state (MS+) condition could bring as much as $8 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1944, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

1944 Steel Wheat Penny Value Chart

Additional Info: Look for the S over the D mint mark error on the 1944 Wheat Penny. One in good condition can fetch $100-500. One of the most valuable pennies ever minted was the rare 1944 S Steel Wheat and they have sold for over 100,000 in the past. Wow..that is one hunk of change.


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**When we say that 282,760,000, of these coins were produced or minted in 1944 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

We use user submitted pictures please read that article if you are interested in adding your own.

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1944 Steel Wheat Penny

Wheat Penny Error Coins & Values

Looking for reliable information regarding Wheat Penny error coins? Well, I have put together a list of every single noted error coin released from 1909 to 1958 along with pictures and estimated values and other information.

Error coins can be worth a mint as they are more rare than the ultra rare key date coins, which boost their desirability much higher amongst collectors everywhere. Below we will go through the official Wheat Penny error coins in chronological order.

1922 Wheat Penny: In 1922, the Denver Mint was the only mint to mint our Wheat Cents that year. A die with worn areas around the “D” which would indicate the “Denver” mint on the 1922 D Wheat Penny was worn. In a failed attempt to repair the worn die, the D was completely removed by accident, resulting in the “Plain 1922 D Wheat Penny”.

There are four different types of 1922 Wheat Pennies.

  • 1922 D
  • 1922 Weak D
  • 1922 No D Weak Reverse
  • 1922 No D Strong Reverse

The most desirable of the 4 different types of the 1922 Wheat Pennies is the 1922 No D with a strong reverse which can fetch anywhere between $700.00 – $1,000.00.

As you may already know, in 1943, World War II was going on and so the copper previously used to mint our Wheat Pennies was needed to manufacture supplies for the war. There is not very many of the 1943 Wheat Pennies circulating in existence today and the ones that are, are expected to fetch around $100,000.00 if you could come up with one. These were struck accidently and then released into circulation. They are considered extremely rare and 2nd the rarest of all Wheat Penny error coins to the 1944 steel Wheat Penny.

Wheat

The 1943 Copper Wheat Penny error coin sold in the early 1980’s for around $10,000.00 if that gives you an idea of how valuable these error pennies are. And, so 30 plus years later that figure has gone up drastically.

The 1944 Steel Wheat Penny was accidently minted with zinc coated steel just as the 1943 Wheat Pennies were. This made the rarest of all error Wheat Pennies made. These coins can fetch a serious premium.

One of the rare 1944 Steel Wheat Pennies brought a mint of $30,000.00, while a mint 1944 S Steel Wheat Penny fetched $374,000.00!

The 1955 Double Die Wheat Penny error coin is the most plentiful of all Wheat Penny error coins and can bring a small fortune itself. It is often compared to the 1922 error coin in terms of desirability although it is much more common than the 1922.

The 1955 Double Die Wheat Penny can fetch around $1,500.00 for a very fine version of the coin. In other words, one that is in exceptional shape.

The 1959 D Wheat Penny has proven to be one of the most controversial coins to mysteriously show up on the coin marketplace in years. Many experts believe the coin to be counterfeit, without any specific reasons why. The Secret Service on the other hand has twice authenticated the 1959 D Wheat Penny. The coin was scheduled to be sold in Ira & Larry Goldberg Coins & Collectibles, Inc. “The Pre Long Beach Auction“, in September of 2002, but it was pulled from the auction at the eleventh hour when convicted forger Mark Hofmann claimed to have made the coin. Subsequent investigation failed to confirm this claim and the coin was re-consigned to the Goldberg’s “The Benson Collection Part III”, February 24-25, 2003, Lot 159. As of February 23, 2003, no major grading service had chosen to certify the coin as genuine.

1944 Steel Wheat Penny How To Tell

It is hard to speculate the worth of such a coin. There is only one known to exist, and it is said to be so controversial it is hard to even imagine what it would be worth. If you have one, I’d definitely get it examined and graded by a professional immediately. It could be worth thousands and thousands of dollars.


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1944 Steel Wheat Penny

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