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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.

How much does 1944 Liberty Penny cost?

It was sold at the Heritage Platinum event held at the recent FUN show in Florida. The coin was sold for $58,201.50 on January 4 to an online bidder. Prior to the sale of this coin, the most recent sales (both by Heritage) of 1944-D steel cents were earlier in 2011.

What is a 1944 Penny made of steel worth?

The 1944 steel penny is worth between $75,000 and $110,000, depending on its condition. The 1943 copper cent - with only 40 made and 12 known to exist today - can command a price of around $150,000 to $200,000. Of course, when a penny is worth more than $75,000, you'd expect a few counterfeit examples to be floating around out there.

What does a 1944 Penny look like?

As for what the coin looks like, the obverse is dominated in the center by the profile of Abraham Lincoln. Immediately to the left of the central image is a raised inscription which reads "Liberty." To the right of Lincoln's image is a raised inscription marking the 1944 year of minting.


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