These are quite rare and worth quite a bit of money. Most steel pennies bear the date of 1943, ones bearing the date of 1944 are error coins because there were a few steel blanks left in the machine when the mint changed the dies to 1944 in the same way that some copper 1943 cents were struck.
A 1944 steel cent generally will sell for around $75,000 or more depending on the condition. However, one needs to beware of fakes, a genuine 1944 steel cent will be magnetic and will have the numerals like a common copper 1944 cent.
A 1944 copper misprint wheat penny is worth 1,000,000 dollars.
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.
1944D Wheat Penny; in very fine condition is worth $0.10, uncirculated is worth $1.50.
The 1944 steel penny is valued highly because it was produced using leftover steel from World War II, as the U.S. Mint switched back to copper for the penny in that year. In contrast, the 1943 steel penny, made from zinc-coated steel to conserve copper during the war, is much more common, making it less valuable. The rarity and historical significance of the 1944 steel penny contribute to its higher market price, while the 1943 version is abundant and widely circulated.
Sorry no silver pennies were ever made by the mint, but the 1943 cent was made from steel and a few 1944 cents were struck in steel by accident. If the date is 1944 see if it sticks to a magnet ,if it does take it to a coin dealer. If it doesn't stick it probably has been chrome plated.
Test it with a magnet. 1943 steel cents are magnetic. 1944 copper cents are not.
You can identify a 1944 steel wheat penny by checking its composition. Steel pennies produced in 1944 were made due to a shortage of copper caused by World War II. A steel penny will stick to a magnet, as it contains mostly steel with a thin layer of zinc.
The most valuable ones are the 1943 copper penny, and the even more rare 1944 steel penny.
A 1944 copper misprint wheat penny is worth 1,000,000 dollars.
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.
All pennies from 1944 have the wheat ear reverse.
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.
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.
You can tell if a 1944 penny is made of steel by using a magnet. Place a magnet near the penny - if it sticks, then the penny is made of steel. Steel pennies were issued in 1943 due to a shortage of copper, so any 1944 penny made of steel would be an error.
1944D Wheat Penny; in very fine condition is worth $0.10, uncirculated is worth $1.50.
Unless you find someone that wants it, just a penny.
The 1944 steel penny is valued highly because it was produced using leftover steel from World War II, as the U.S. Mint switched back to copper for the penny in that year. In contrast, the 1943 steel penny, made from zinc-coated steel to conserve copper during the war, is much more common, making it less valuable. The rarity and historical significance of the 1944 steel penny contribute to its higher market price, while the 1943 version is abundant and widely circulated.