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Coin and Paper Money Collecting/1944 Penny
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Question
I have a 1944 penny. It WILL stick to a magnet. It is very hard to discern the penny's markings because about 99% of the penny's surface is rusted. Can you tell me if this penny has any value.
It it is indeed dated 1944 and not 1943, it is quite rare. However, the rust is a problem. Do not try to clean the coin, that will only make matters worse.
1944 Steel cents have changed hands for as much as $40,000
I suggest you have the coin inspected under a microscope to check the date. 1943 steel cents are common and worth about 6 cents.
If I can be of further help, contact me directly at 800-474-6960
Regards
Joe Hylas
www.AllCoins.US
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Answers by Expert:
Joe Hylas
Expertise
Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.
Experience
Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US
Organizations
PCGS, NGC, Rotary
Publications
Physician's Money Digest
Education/Credentials
Bachelor's Degree in Business Administration
Awards and Honors
Paul Harris Fellow
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