We have 1944 wheat Penny no mint and with mint.This are the collection of my husband?As I research the value of 1944 wheat penny is worth of $77,000.00 and with Mint are worth of $110,000.00.Is it true?

Ruth Poppe | Oct 9, 2020 | Category: Coin dealer in Brentwood, Tennessee

Nashville Coin Gallery - All questions

Address: 500 Wilson Pike Cir Ste. 227, Brentwood, TN 37027, USA

Nashville Coin Gallery | Oct 9, 2020

No, sorry... 1944 wheat pennies, with or without a mint mark, or only worth a couple / few cents each with average wear and tear. There is, however, an extremely rare variety of 1944 penny -- made out of steel in error, and there are only a handful of those known to exist. The 1943 steel pennies are a dime a dozen, but a 1944 steel penny is worth a fortune!! The 1943 pennies were made out of steel because of World War II -- copper is used in the manufacture of bullet shells, and since we needed the copper diverted to the bullet factories for that reason, the government decided to make pennies out of steel that year since steel wasn't critical to the war like copper was. However, when they switched back to copper in 1944, a few steel blanks left in the belly of the machine were the first pennies to struck with the 1944 date. 1944 STEEL pennies are worth a fortune! I hope that helps!

Jesse Sullivan | Oct 9, 2020

So I have a 1944 steal penny sticks to a magnet in really good condition. So is it worth anything

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