Why Is The 1944 Penny Rare?

What year is a penny worth 1 million dollars?

1943A Massachusetts man’s rare 1943 Lincoln penny could be worth over a million dollars.

The 1943 penny was minted in steel due to Copper being a valuable material for the war effort..

Are all 1944 wheat pennies steel?

Weigh the 1944 Penny When you weigh the penny, if it weighs 3.11 grams, it is a copper penny. However, if it weighs 2.7 grams, it is a steel penny. … However, if you have a rare steel wheat penny, it could be worth more than $100,000.

How rare is a 1944 copper penny?

1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade.

How do I know if my 1944 penny is real?

It’s really easy to tell if you have a 1944 steel penny or 1944 copper cent:If your 1944 penny sticks to a magnet, it’s a steel cent and is rare.If your 1944 penny does NOT stick to a magnet, it’s made from copper and is common.

Is a 1944 D wheat penny worth anything?

CoinTrackers.com has estimated the 1944 D Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $6.

What Penny is worth millions?

1943 Bronze Lincoln “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.

What is the rarest Penny year?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

What is the most sought after Penny?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items…

How much is a 1944 penny worth today?

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 $6 at auction.

What is the most valuable 1944 penny?

A ‘MS-63’ grade 1943 copper or 1944 steel is worth much more than any regular ‘MS-63’ grade Lincoln Wheat cent. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. It was then NGC graded as MS-66. This realization is an auction record for any kind of Lincoln cent or cent error.

What is the O mint mark?

MunichStaatliche Münzen Baden-WürttembergBundesdruckereiDeutsche Mark/Printers

How many 1943 copper pennies have been found?

Approximately 40 1943 copper–alloy cents are known to remain in existence.

How much is a 1943 penny worth today?

Value of a 1943 Steel Penny They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.