Australian pennies were never made of steel, only copper. An Australian 1944 Penny (depending on where it was minted), uncirculated and in absolute mint condition could fetch up to $275 AUD. If it has been rattling around in somebody's pocket but still in good condition, it might fetch up to $1 AUD. There were 30.28 million minted. A reputable coin dealer will be able to advise a more accurate quotation.
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.
The 1944 wheat penny should be made of bronze, not steel. To determine if your penny is steel, you can use a magnet – if the magnet sticks to the coin, it is likely a steel cent.
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.
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.
...If you can read the date on the penny, it is not an unstamped penny.
Copper is the normal metal for 1944 pennies -- it's worth about 2 cents. Now if you had a 1944 made of steel, or a 1943 made of copper, then you might have something. Dan
The 1943 steel cent is exceedingly common. The 1944 steel cent is exceptionally rare.
Please ask one question at a time. The answers to all of your questions already exist on WA. Use the format - "What is the value of a 1944 Australian Penny?"
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 1944 Australian Penny was minted at one of two mints. Melbourne Mint (no mintmark - 2.45 million minted. Perth Mint (mintmark = Y.) - 27.83 million minted.
US pennies were never made of silver. They were made of steel in 1943 and those are worth around 10-50 cents depending on condition. Then a few steel cents were minted in 1944 by error, which, if genuine, is worth over $300,000
A steel 1944 penny is silver in color and magnetic due to its composition of zinc-coated steel. It does not contain any copper, causing it to look different from a regular copper penny. On the obverse side, it features the profile of Abraham Lincoln, and on the reverse side, it displays the Lincoln Memorial.