Most Valuable Wheat Pennies
Wheat pennies were briefly made of steel in 1943, but a few mostly copper coins still managed to get minted that are now worth up to $85,782 in certified mint state (MS+) condition. Many of the most valuable pennies in circulation date back to World War I and World War II, such as the 1944 steel wheat penny, which the United States Mint created when copper was needed for the war effort. This penny can fetch between $77,000 and $110,000, depending on condition.
CoinTrackers.com has estimated the 1944 Steel Wheat Penny value at an average of $77234, one in certified mint state (MS+) could be worth $110,334. (see details)...
Type:Steel Wheat Penny
Year:1944
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 0 [?]
Silver Content: 0%
Numismatic Value: $77234 to $110334.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $77234, while one in certified mint state (MS+) condition could bring as much as $110,334 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: There were just a few of the 1944 Steel Pennies ever minted and all would have been released by error into the coin supply. Coin analyst are suggesting that steel plates may have been tested or left mixed amongst the other copper metals and thus the error. No matter what the cause these coins are selling for just under $100,000 dollars according to our resources. Make sure the coin you have or are buying is not a zinc coated copper penny ripoff.
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**When we say that 0, 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.
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Value Of Pennies By Year Chart
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