During a live session, a collector asked me: “I got a 1944 steel penny. Is it worth anything?” The short answer: YES — if it’s real, it could buy you a brand-new car (or better)! 🚗💎
But here’s the catch 👉 most “1944 steel pennies” online are fakes you can buy for $13 on eBay. Don’t get scammed! Save this guide so you know exactly what to look for.
🏛 Why a 1944 Steel Penny Is So Rare
- ⚙️ Meant for 1943 Only: Steel pennies were only supposed to be minted in 1943, during WWII, to save copper for the war effort.
- 🔥 1944 Error: By 1944, pennies returned to copper. A steel penny from that year is an accidental leftover planchet — making it incredibly rare.
✅ How to Test Your 1944 Steel Penny
Follow these quick steps to avoid buying a fake:
1. The Magnet Test 🧲
- A genuine steel penny will stick to a magnet.
- If it doesn’t stick → ❌ Not real.
2. Weight Check ⚖️
- Real 1944 steel pennies weigh about 2.7 grams.
- Use a coin scale for accuracy.
3. Clear Date 🔍
- It must clearly read 1944.
- Watch out for altered 1943 pennies with fake “4” added.
💲 Real Auction Prices
Here’s what real 1944 steel pennies have sold for:
- ✨ Nice Condition: $37,000 (enough for a new car 🚗)
- 💎 High Grade, Certified: $108,000+ (better than a car — think luxury!)
🚨 Warning: Fakes Everywhere!
- ❌ Many “1944 steel pennies” on eBay are counterfeit.
- ❌ Some are plated copper coins that trick beginners.
- ❌ If it’s not certified by PCGS, NGC, or ANACS, be very cautious.
📈 Final Thoughts
If your coin sticks to a magnet, weighs 2.7 grams, and says 1944 clearly — congratulations! 🎉 You may have a six-figure treasure in your hands.
👉 The next step? Get it certified by PCGS or NGC to confirm authenticity and unlock maximum value.
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