Unveil 1944 Wheat Penny Value: History and How Much it Worth

The 1944 Wheat Penny is a US coin that represents the rich tapestry of American History & charm featuring Abraham Lincoln, the father of the US, and wheat stalks on the reverse side.  Pennies introduced in 1944 are mostly called 1944 wheat pennies which have become very rare today and do possess not much value, but still dragged the attention of collectors and historians alike to evaluate its value today.

In this comprehensive post, we will delve deeper into 1944 Wheat Penny Value, its history and some intriguing facts about it.

 

What is 1944 Wheat Penny

 

The 1944 wheat penny was minted from copper obtained from recycled shells during 2nd World War. Since it was introduced during wartime, it has sparked interest among collectors and historians to unveil its history and some common facts.

This steel coin possesses the portrait of President Abraham Lincoln on the obverse side while two stalks of wheat on the reverse side making it a historical piece of coin. Due to its wartime production, the coin has been well-preserved and now become the rarest coin.

Like other coins Wheat Penny Value is determined by its condition and current market value.

• Circulated Condition: When circulated generally it is worth up to $5.
• Uncirculated Condition:   When kept reserved, these pennies can be worth $1 to $5 or more, depending on their current condition.

 

Key Takeaways of 1944 Wheat Penny

 

• Not all the 1944 Penny Worth higher value, but some rare wheat pennies have the potential to fetch $1 million. 
• The Wheat Pennies minted from 1909 to 1958 were the first US coins featured with the eminent historical figure Abraham Lincoln.
• The Wheat penny is unique in the US as it is only the coin attracted to a magnet.

 

• In 1944 only 20 to 40 steel Wheat pennies were mited making it extremely rare and worthy.
• Some other 1944 wheat pennies are minted with some error like double die or wrong mint marks, it also possesses higher value.

 

Brief History of 1944 Wheat Penny

 

Designed by Victor David Brenner, the 1944 Wheat Penny was minted between 1909 to 1958 and became the first coin featuring a real historical figure on the head side of the coin and two wheat stalks on the tail side.  

 

Initially, in 1944 wheat Penny was introduced with a zinc-coated steel composition and silver-like appearance of the 1943 one-cent pieces. The government opted to conserve copper by manufacturing pennies with a steel core and a zinc coating.

 

1944 Wheat Penny Value

 

Here is the list of 1944 Penny Worth value

 

1944 Wheat Penny Value
Version	Price range
Philadelphia Mint (no mint mark)	$0.20 – $0.90
Denver Mint (D mint mark)	$0.20 – $1.20
San Francisco Mint (S mint mark)	$0.30 – $5
Steel Penny	$10,000 – $1,000,000