The 1944 steel penny is worth between $75,000 and $110,000. This steel penny was minted by mistake and there were not a lot of them around.
Copper is the normal metal for 1944 pennies -- it's worth about 2 cents. Now if you had a 1944 made of steel, or a 1943 made of copper, then you might have something. Dan
A 1944 copper misprint wheat penny is worth 1,000,000 dollars.
US pennies were never made of silver. They were made of steel in 1943 and those are worth around 10-50 cents depending on condition. Then a few steel cents were minted in 1944 by error, which, if genuine, is worth over $300,000
US cents were struck on steel in 1943 not 1944.
The 1944 steel penny is worth between $75,000 and $110,000. This steel penny was minted by mistake and there were not a lot of them around.
The most valuable ones are the 1943 copper penny, and the even more rare 1944 steel penny.
A genuine 1944 steel cent is worth thousands of dollars. One sold at auction in 2008 for $373,750. To determine if a 1944 cent is steel or zinc-coated copper, test it with a magnet. Copper is not magnetic.
You would need to get it appraised by a coin dealer. 1944 the US was making pennies out of steel.. and they are very rare.
Copper is the normal metal for 1944 pennies -- it's worth about 2 cents. Now if you had a 1944 made of steel, or a 1943 made of copper, then you might have something. Dan
Steel pennies were only minted in 1943. If the penny you have is really a 1944 and is steel it is worth a couple thousand. If however it is really a 1943 it is worth .05 to 1.50 depending on condition. If it has no mintmark and is uncirculated it is worth $12.00. If it has a D and is uncirculated it is worth $15.00. If it has a S and is uncirculated it is worth $25.00. The mintmark is located below the date.
A 1944 copper misprint wheat penny is worth 1,000,000 dollars.
Test it with a magnet. 1943 steel cents are magnetic. 1944 copper cents are not.
US pennies were never made of silver. They were made of steel in 1943 and those are worth around 10-50 cents depending on condition. Then a few steel cents were minted in 1944 by error, which, if genuine, is worth over $300,000
According to a 2014 coin price chart, there is no wheat penny that is worth $12,500. There is, however, a 1922 (no mint mark) wheat penny worth about $500 in circulated condition and $20,000 in mint condition. The highest price penny like this is a 1944 Steel penny that is worth $100,000 in mint condition and $4,000 in circulated condition.
The vast, vast, vast, majority of 1944 pennies are copper. If it sticks to a magnet it /might/ be steel, though you'd have to take it to an expert to make sure it wasn't altered from a steel 1943 penny.
US cents were struck on steel in 1943 not 1944.