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What is the value of a steel 1944 us cent?

Updated: 8/16/2019
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15y ago

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Only a couple of these have been authenticated, and are worth over $100,000. However there are many counterfeits out there -- copper pennies that have been zinc plated. Do the magnet test -- a real 1944 steel cent will stick to a magnet. If it passes this test, and has been examined for an altered date (using a strong magnifier), then you would need to get it certified (preferably by PCGS or NGC).

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14y ago
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15y ago

Make sure your references are correct. Normal 1944 cents were made of copper and do NOT stick to a magnet.

However, a few steel blanks from 1943 were left over and accidentally were struck with the 1944 date, basically the flip side of what happened when some copper 1942 blanks were struck with the 1943 date.

A genuine 1944 steel cent WILL stick to a magnet. While not quite so famous as its 1943 cousin, 1944 error cents sell for anywhere from a few thousand dollars if circulated up to as much as $110,000 for a pristine uncirculated one.

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