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Why is the 1944 steel penny worth so much?

The 1944 steel wheat penny is worth between $75,000 and $110,000, depending on its condition, while the 1943 copper wheat penny is worth between $150,000 and $200,000. The high numismatic values of these coins are the result of their extreme rarity; both coins are the result of printing errors, and thus very few examples exist of either.


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