1944 Steel Wheat Penny

1.1 1942 Lincoln Wheat Penny – Values and Prices – Last Sales 1.2 1943 Steel Pennies – Rare, Varieties and Values – 2021 Update 1.3 The Ultimate Reference Guide to the 1943 Copper Penny – Varieties, Rarities and Values. This crossword clue 1944 Steel Wheat (collector's item worth around $100,000) was discovered last seen in the March 19 2020 at the NY Times Mini Crossword. The crossword clue possible answer is available in 5 letters. This answers first letter of which starts with P and can be found at the end of Y. We think PENNY is the possible answer on.

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)...

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. [?].

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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1944 Steel Wheat Penny

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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.

Mark

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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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'Holy grail' rare penny might be worth $1.7M after it was found in boy's lunch money

A rare copper penny, considered a 'holy grail' in coins, has been found in a boy's lunch money. It could reach $1.7 million in auction from Heritage Auctions.

Now that's a pretty penny.

A penny that a Massachusetts teenager found in his change from lunch money could be worth as much as $1.65 million (£1.3 million) when it is auctioned off.

The 1943 Lincoln penny is made up of copper and has been described as the 'most famous' coin made in error, according to Heritage Auctions, which is auctioning off the coin. Only 20 were ever made and for years the U.S. government denied its existence, but one coin was found by Don Lutes Jr. in his school cafeteria in March 1947.

'Despite relentless searching by eager collectors over a period of more than 70 years, only a handful of legitimate specimens have ever been discovered,' Heritage wrote on its website. 'PCGS CoinFacts estimates the surviving population at no more than 10-15 examples in all grades. We have compiled a roster of all specimens certified by the two leading grading services below, including an unknown number of resubmissions and crossovers.'

1944 Steel Wheat Penny Value Coin Values

In the 1940s, copper was considered a strategic metal, largely because of World War II, as it was used to make shell casings, telephone wire and other wartime necessities. To preserve the metal, 1943 Lincoln pennies were made of zinc-coated steel, but a tiny fraction of the pennies put into circulation wound up using copper.

Almost as soon as the pennies were pressed, rumors began to emerge that some copper cents had made their way into circulation. The frenzy had become so heightened that it was speculated that car magnate Henry Ford would give a new car to anyone who could give him one of these copper pennies, though that speculation was later proven false.

'Stories appeared in newspapers, comic books, and magazines and a number of fake copper-plated steel cents were passed off as fabulous rarities to unsuspecting purchasers,' the auction house added on its website. 'Despite the mounting number of reported finds, the Mint steadfastly denied any copper specimens had been struck in 1943.'

1944 Steel Penny Value Chart

The rumors of the copper penny, described as 'the Holy Grail of mint errors,' were eventually proven true after it was found out that copper planchets – which are actually made of bronze – had become lodged in the trap doors of the mobile tote bins used to feed blank coins in the presses at the end of 1942. The planchets went unnoticed and eventually 'became dislodged and were fed into the coin press, along with the wartime steel blanks,' Heritage wrote on its website.

1944 Steel Wheat Penny

Other genuine examples of the 1943 Lincoln copper penny have been found, including 10-15 from the Philadelphia Mint, a half dozen from the San Francisco Mint and one from the Denver Mint.

At the time, Lutes, who was 16, had heard of the rumor about Ford, but when he was later told it was false, kept the coin for himself in his collection. Over the years, he received offers for the coin and eventually even inquired with the U.S. Treasury about it, but was told that it was fraudulent, that 'All pennies struck in 1943 were zinc coated steel' and eventually decided to just keep it for his collection.

Before the switch took place, a handful of cents were mistakenly minted in copper, making a 1943 Bronze Lincoln cent coin one of the most famous coins in U.S. history: 76 years later, the very first of these error coins ever discovered will make history when Heritage Auctions offers the rarity Jan. 10 in Orlando, Florida. (Credit: SWNS)

The 1943 zinc-coated steel pennies proved to be so unpopular with the public that they were eventually replaced with brass recovered from shell casings.

1944 Steel Wheat Penny Ebay

Lutes passed away in September and now the coin is going up for auction, where no one really knows what it will sell for, Sarah Miller of Heritage Auctions said. 'This is the most famous error coin in American numismatics and that’s what makes this so exciting: No one really knows what it’s going to sell for,' Miller said in comments obtained by SWNS.

1944 Steel Wheat Penny Front And Back Image

The auction is ongoing and is slated to end on Jan. 10.

Follow Chris Ciaccia on Twitter @Chris_Ciaccia